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The Cryptocurrency Markets Are Having an Interesting Week

The Cryptocurrency Markets Are Having an Interesting WeekThe crypto markets have been having an interesting week to put it mildly. Seas of red and deep cuts have had the vultures circling, the weak hands folding, and the naysayers expending their lifetime’s allocation of “I told you so’s”. While the last two weeks have been painful for anyone who bought bitcoin in December […]

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February 2, 2018 0

Markets Update: Bears Claw Cryptocurrency Prices Down to New Lows

Markets Update: Bears Claw Cryptocurrency Prices Down to New LowsCryptocurrency markets are suffering from new lows on the first of February as nearly every digital asset is down 3-20 percent. Since the last week of December 2017, bitcoin core (BTC/USD) markets are seeing a continuous downward spiral not seen since 2014. At the moment BTC is desperately trying to climb above the $9K region […]

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February 1, 2018 0

Search the Blockchain With Bitcoin.com’s New Block Explorer

Search the Blockchain With Bitcoin.com's New Block ExplorerThis week the team at Bitcoin.com, the internet’s premier bitcoin portal, launched its block explorer enabling cryptocurrency enthusiasts to search the bitcoin cash (BCH) and bitcoin core networks for activities like transactions, addresses, and information about particular blocks. Also read: Bitcoin Cash Games Arrives — Play Your Favorites Faster With BCH Bitcoin.com’s Web Portal Adds a […]

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February 1, 2018 0

Venezuela Announces Whitepaper and Pre-Sale of Its Oil-Backed Cryptocurrency Petro

Venezuela Announces Whitepaper and Pre-Sale of Its Oil-Backed Cryptocurrency PetroVenezuela’s president Nicolás Maduro has announced the pre-sale of his country’s national oil-backed cryptocurrency, the petro. In addition, he has presented and signed the official petro’s whitepaper and unveiled the Petro Container for mining the new currency. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Pre-Sale of Petro During the meeting of […]

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January 31, 2018 0

Facebook Bans Cryptocurrency Ads

Facebook Bans Cryptocurrency AdvertsFollowing persistent complaints about spammy and fraudulent cryptocurrency ads, Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure […]

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January 30, 2018 0

South Korea Ends Anonymous Cryptocurrency Trading Today

South Korea Ends Anonymous Cryptocurrency Trading TodayThe new South Korean cryptocurrency account system has entered into force nationwide today, ending the current practice that allowed for anonymous trading of cryptocurrencies. Traders must open real-name accounts at the same banks as their exchanges in order to deposit money to trade cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies […]

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January 30, 2018 0

Bitcoin Futures Report Shows Bullish Sentiment Is In the Air

Bitcoin Futures Report Shows Bullish Sentiment Is In the AirBitcoin and cryptocurrency markets, in general, have been bearish during the first month of 2018 after many digital assets reached all-time price highs this past December. A lot of people have been following the correlation between the newly added bitcoin-based derivatives markets offered by Cboe and CME, alongside bitcoin spot prices over the past four […]

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January 28, 2018 0

Why Venezuela’s New National Cryptocurrency El Petro Will Fail

Why Venezuela’s New National Cryptocurrency El Petro Will FailWashington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves, hyperinflation, centralization, and the impossibility of actual redemption. The attempt will fail, if it’s ever rolled out, adding woes to a region […]

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January 28, 2018 0

Bitcoin Cash Supporters Prepare for the Network’s Next Six Months

Bitcoin Cash Supporters Prepare for the Network's Next Six MonthsIt’s been six months since the inception of the Bitcoin Cash (BCH) network, and the decentralized currency’s infrastructure continues to grow. Over the past week, there’s been many new announcements surrounding the BCH chain and its ecosystem. See also: Bitcoin ABC Developers Announce Medium-Term Bitcoin Cash Roadmap Six Months In, the Bitcoin Cash Network Celebrates a […]

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January 28, 2018 0

Most Cryptocurrencies Are More Centralized Than You Think

Most Cryptocurrencies Are More Centralized Than You ThinkThe whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace. Throw in the cult of a strong leader, and […]

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January 26, 2018 0