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+13 +1
Bitcoin leaves elite haters behind as it hits $10,000 again
After a recent dip down below $7,000, the price of bitcoin has now jumped to over $10,000 again, according to trading figures on Coinbase and Blockchain.info. The rally comes as top European central bankers, among other high-level members of the world’s monied elite, have recently been publicly expressing skepticism in bitcoin.
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0 +1
Reasons to Invest in Cryptocurrencies | Crypto Investment
The reasons why cryptocurrencies will succeed in 2018. Why to invest in Bitcoin now. How to invest. How much money to invest and what profits to expect.
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+9 +1
Chinese Billionaire Investor Chen Weixing : Don’t Miss Big Blockchain Opportunities Within 6 Months
Amid a heated debate over blockchain, Chen Weixing, a Chinese angel investor and billionaire founder of ride-hailing start-up Kuaidi Dache, said on February 26 that first wave of big opportunities for blockchain have been visible, and there are only 6 months in 2018 for investors to take advantage of these chances.
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+26 +1
Facebook is not getting any bigger in the United States
It’s starting to feel official: Facebook’s U.S. audience is as big as it’s going to get. Facebook is massive in this country. More than two-thirds of Americans, specifically 68 percent, use the service, according to new research from Pew Research Center. The troubling news if you’re a Facebook investor: that number hasn’t increased over the past two years. Roughly 68 percent of U.S. adults used Facebook in 2016, too.
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+11 +1
How a Cashless Society Could Embolden Big Brother
When money becomes information, it can inform on you.
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+12 +1
Cashless society: A huge threat to our freedom
The idea of a cashless society could be one of the greatest threats to freedom in human history, said Signature Bank chairman Scott Shay.
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+2 +1
Coinbase gets e-money license in the UK, will add Faster Payments to speed up fiat deposits
This will be welcome news for cryptocurrency fans in the U.K. and Europe. Coinbase, one of more popular and accessible cryptocurrency exchanges, has been granted an e-money license by the U.K. regulator the Financial Conduct Authority (FCA). From a regulatory standpoint, this means that Coinbase is now able to issue e-money and provide payment services in the U.K. and will have passed additional checks in terms of things like the segregation of client funds, which means that customer fiat balances...
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+12 +1
Peter Theil betting on Bitcoin becoming digital gold
Peter Theil who is the co-founder of Paypal and Palantir and also for his book Zero to One talked about cryptocurrencies on Thursday during a fireside chat at Economic Club of New York. Theil had invested in bitcoin as early as 2012 has been bullish on bitcoin.
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+11 +1
PayPal’s Peter Thiel Calls Bitcoin “Digital Gold”
While many politicians and heads of corporations continue to lambast cryptocurrencies, PayPal co-founder and venture capitalist Peter Thiel has backed Bitcoin yet again, calling the virtual currency the future of finance. Thiel has been a vocal proponent of Bitcoin for some time now, and has been advocating the use of cryptocurrencies and blockchain since 2017. In a recent interview, he compared bitcoin to gold bars placed inside a “vault that never moves”.
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+23 +1
Child abuse imagery found within bitcoin's blockchain
German researchers have discovered unknown persons are using bitcoin’s blockchain to store and link to child abuse imagery, potentially putting the cryptocurrency in jeopardy. The blockchain is the open-source, distributed ledger that records every bitcoin transaction, but can also store small bits of non-financial data. This data is typically notes about the trade of bitcoin, recording what it was for or other metadata. But it can also be used to store links and files.
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+2 +1
Kevin O'Leary: NYC hotel wants to use a $400 million cryptocoin offering to sell ownership like a stock
Kevin O'Leary told CNBC on Monday he's working on a deal to allow a "very prestigious brand hotel" in New York sell ownership in the company through a $400 million cryptocurrency offering instead of a stock IPO. "There's a big deal coming in New York in the next three weeks," said the "Shark Tank" investor and chairman of the ETF firm O'Shares Investments. "It's a $400 million coin issuance for a real asset you've heard of."
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+25 +1
Bitcoin price trading in a range below $7,000: Tom Lee tells cryptocurrency investors to hold on, Bitcoin will hit $25,000 end of 2018
Bitcoin price is down 7.8% in the last 24 hours on Friday afternoon GMT. The 50 Simple Moving Average is now acting as the immediate resistance level. The price is, however, lacking a catalyst to sustain it above the pivotal $7,000. The industry’s top analyst Tom Lee, has released his new review of Bitcoin. He says that Bitcoin will come out of the descending channel to hit $25,000 by the end of this year. He further tells the investors to hold on to their Bitcoin in order realize good profits.
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+10 +1
Despite Bitcoin Price Drop, Adoption is Strong in Japan and South Korea
It is evident Bitcoin still has a very long way to go until it becomes a mainstream currency in terms of market cap, bitcoin price, and user activity. Even so, there are some positive signs on the wall. With both Japan and South Korea boosting overall Bitcoin adoption, a peculiar tone is set. It is now up to the rest of the world to follow these countries’ lead by example.
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+18 +1
Bitcoin to Bounce Back from its Decline in Q2 2018, says Crypto Finance Expert
Bitcoin has had a wretched time of it during the first quarter of 2018. At some point in December, Bitcoin was at the apogee of an incredible bull run that saw it almost charge past the $20,000 mark. Fast forward to the early days of February 2018 when it fell below the $6,000 mark as the entire crypto market took a beating. In the midst of all of these was a massive market correction that saw the market cap of the entire crypto market decline by 50 percent. At the end of the Q1 2018, Bitcoin was having its worst Q1 in history. Despite all of this, one crypto finance expert believes Q2 will see a reversal of the trend.
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+15 +1
Goldman Sachs asks in biotech research report: 'Is curing patients a sustainable business model?'
Goldman Sachs analysts attempted to address a touchy subject for biotech companies, especially those involved in the pioneering "gene therapy" treatment: cures could be bad for business in the long run. "Is curing patients a sustainable business model?" analysts ask in an April 10 report entitled "The Genome Revolution."
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+15 +1
Bitcoin To 'Highly Likely' Break the $20K Mark By EOY 2018 Says Crypto Hedge Fund Pantera Capital - MarketBarker
In their April newsletter Pantera Capital Management, a blockchain focused hedge fund, said that Bitcoin’s (BTC) price of $6,500 was the low point for the cryptocurrency. He continued that it was “highly likely” that BTC’s price will break $20,000 by EOY 2018. This was initially reported by The Wall Street Journal (WSJ) on Friday, April 13. In December 2017, the CEO of Pantera Capital, Dan Morehead, forecasted that Bitcoin’s value would drop by half before it would reach new highs. The first phase of this prediction has come true, as BTC plunged below $7000 earlier this year.
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+15 +1
Lying to IRS very popular among crypto investors: Almost everyone is underreporting
Earning crazy money with bitcoin is fun. But paying taxes on those bucks is a little less fun for majority of investors. According to reports from Credit Karma tax platform, revealed by CNBC, fewer than 100 people out of 250,000 who claimed to have holdings in crypto reported capital gains on their crypto investments to IRS. That is a staggering 0,0004 percent!
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+18 +1
Coinbase buys Startup giant, Earn.com, and makes Balaji Srinivasan its Chief Technology Officer (CTO) - Coinjournal
Coinbase has made headlines this week, buying one of the most well-funded startups in the cryptocurrency space, Earn.com which is being purchased by the wallet and exchange giant for over $120 million making Balaji Srinivasan the companies first CTO while the transition takes place. For a long time, Coinbase has sought to expand its involvement within the cryptocurrency and blockchain world. Having recently announced the creation of a venture capital fund for startup companies looking to develop their ideas.
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+3 +1
Cryptocurrency Market Will Get 'Much Bigger': Former JPMorgan Banker
Daniel Masters, who previously led JPMorgan’s global energy trading desk, says cryptocurrencies are fueling a financial revolution. Masters is now chairman of digital investment bank Coinshares and chief investment officer at Global Advisors, and he explained in an interview with Bloomberg how distributed ledger technology is doing for the democratization of peer-to-peer transactions what the internet did for the democratization of news.
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+14 +1
Sell gold, buy bitcoin? The ultimate global safe haven debate has begun.
For centuries, gold has held a unique role: as a form of currency, a store of value and sometimes a speculative or alternative asset to stocks and bonds. No other asset has managed to retain such an allure over time. And over the centuries, there have been other pretenders for gold's throne (salt, florins or ducats, anyone?) but none has survived. The latest potential competitor for gold may be bitcoin, the cryptocurrency created in 2009 as open-source software for a decentralized form of payment.
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