Bitcoin (BTC) has the largest share of the overall cryptocurrency market right now since before 2017 when it reached the $20,000 record-breaking bull run. According to the information from CoinMarketCap, a major alternative coin tracking resource, as of September 3, 2019, Bitcoin holds 70.5% of the cryptocurrency market cap’s total. Bitcoin market cap reached pre-$20,000 […]
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With Bitcoin dipping below $10,000 again, the chief correspondent for international finance of Financial Times has suggested that Bitcoin’s price can be influenced by central banks. On the 21st of August, Nikkei Asian Review’s column reported that Henny Sender stated that the prompt recognition growth of cryptocurrencies as safe-haven assets are greatly affected by the […]
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Beaxy, a newly-launched cryptocurrency exchange has put a stop in trading after users voluntarily crashed the altcoin, Ripple (XRP) price against BTC. Beginning on the 12th of August, some social media messages and a blog post mentioned that Beaxy encountered an unexpected increase in volumes of XRP trading, with a large sell-off lessening XRP/BTC by […]
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Joe Kernen, a former bitcoin bear has predicted that Bitcoin could reach $55,000 by the time Bitcoin’s next having which is in May 2020. The co-host of Squawk Box had completely converted to Bitcoin maximalism yesterday, which surprised his show guest Katie Stockton with his forecast that Bitcoin could have an increase of over 500% […]
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Justin Sun, CEO and founder of Tron (TRX) denied accusations of facilitating porn transactions, illegal fundraising, gambling and money laundering on a post today July 23, 2019 on “Weibo”, a Chinese Social media platform. The Tron Founder is being accused of money laundering by members of the Chinese media. An article that was published earlier […]
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A recent press release appeared on several cryptocurrency news websites, stating that Filecoin, FIL was available for trade at $0.78 in a FIL-USDT trading pair on BitForex. According to the Filecoin Twitter page, this is fake news. Filecoin issued the following: WARNING: Our team was informed of activity claiming to be related to Filecoin on […]
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In a renewed effort to rescue the failing economy in Venezuela, President Nicolas Maduro has ordered the largest bank in Venezuela, Banco De Venezuela, to allow users to buy and trade his popular oil-backed cryptocurrency, the Petro (PTR). In his own words, “I hereby order that every branch of Banco De Venezuela opens exchange desks […]
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IBM and Scentre Group, a company that manages shopping centers, have teamed up with an association of Australia-based financial services companies in launching a pilot program that encodes retail lease bank guarantees onto a private blockchain, according to an IBM press release. With participation from organizations including ANZ, Commonwealth, and Westpac banks, Lygon was launched […]
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The New York Times has reported that the United States is escalating its ongoing attacks on Russia’s power grid. If we assume that their sources are credible, then it’s reasonable to assume that Russia may retaliate with escalating cyber attacks on the US power grid. While you may not be prepping for civil unrest that […]
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There’s been a lot of chatter surrounding the anticipated release of Facebook’s new cryptocurrency, and the release of the Facebook Libra white paper. But, there’s one piece of news that could spell big bucks for people who jump on the train early: a consortium formed by Facebook Inc. in which at least four payment processing […]
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