Bitcoin – Page 1708

Bitcoin ‘Adds 0.3%’ To Japan’s GDP, Claim Nomura Analysts

Hodling does wonders for Japan’s economy, local analysts suggest. #BRIEF

Bitcoin, Why You Should Own a Bit

The crisis of 2008, which nearly crippled the financial world, was a loud and clear warning that our financial system had become a house of cards. Its integrity depended on the continued solvency of over-leveraged financial institutions. Disclosure: This is a Sponsored Article At the time, I was working as a Senior Data Architect in the trading room of one of Germany’s biggest banks. It was there that we witnessed up close the freezing of accounts, ATMs shutting down and credit cards deactivated. It became clear that owning physical gold and silver – not gold derivatives – was one of

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Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency

Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency The Venezuelan government has published a decree outlining the operation of Venezuela’s national cryptocurrency, the Petro. It details the government’s plans for the new currency, including its issuance, mining, and trading. In addition, the Petro will be backed by 5 billion barrels of crude oil. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, […]

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2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices

2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices On December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin […]

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Why is Experience Points Valued at $400 Million?

Anyone who took a look into Experience Points (XP) over the summer is undoubtedly wondering how the project grew from the tiny $350,000 market cap over 1000 times to what it is currently trading at. XP is currently trading at a price of about 1/5 of a penny, and sits at rank 61 on Coinmarketcap. Experience Points, which first launched in 2016 and was relaunched this past summer, is reminiscent of the types of coins launched in 2014 and 2015. Like older coins, the only real distinction XP provides is the mining algorithm, distribution rates rates, and total supply. XP does provide

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ICOs Raised $4 Bln in 2017, What 2018 Has in Store

ICO segment is still in its infancy, yet this baby is gaining weight alright. In 2017 ICOs proceeds have surged almost 40-fold #NEW YEAR SPECIAL

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Culture Shock: Bitcoin a Part of All Walks of Life in 2017

2017 saw Bitcoin permeate all walks of life, from Google searches to sold-out graphics cards. #NEW YEAR SPECIAL

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Experts: Bitcoin at “Crucial Juncture” as 2018 Is Primed to Be Defining Year

Mohammed A. El-Erian and Roger McNamee are in agreement: as we enter the new year, the Bitcoin market is at a critical point in its development. In separate articles, both financial experts expressed their beliefs that, following a meteoric rise in 2017, the near future will define how history views Bitcoin in hindsight. Time for a New Paradigm? “ the waning days of 2017,” Mohammed A. El-Erian writes in an op-ed for Bloomberg, Bitcoin’s “market is at a crucial juncture.” A chief economic adviser at Allianz, El-Erian argues that “the market finds itself at an important juncture – perhaps even a

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Bitcoin Dips Below $13K as Market Struggles

The cryptocurrency markets are treading water right now. Bitcoin has continued its downtrend, slipping even closer to the US$10,000 mark. And with a few exceptions, the other markets are following at its heels, as portfolios the world over are turning red. On the Come-Down Plenty of folks, especially here in the States, went to bed with the unpleasant knowledge that Bitcoin was struggling to retake US$14,000. Well, king crypto has slouched even lower on his throne, sitting at US$12,766 at the time of writing. This price puts it about US$700 away from reaching the floor on which it bottomed out during last week’s

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Investors Still Wary of Bitcoin

Bitcoin is established, but many investors are still wary according to industry experts. #SMART INVESTMENT

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