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Bitcoin in Brief Thursday: Crypto Traders in Troubled Waters

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In today’s Bitcoin in Brief – crypto traders are in trouble due to issues with the trading platforms they have trusted. Hacked Italian Bitgrail exchange is closed again after a brief reopening. It suspended operations on request from the court of Florence, following a petition  filed on behalf of one of its creditors. Also, beleaguered … Read more

Coinbase Valuation Jumps from $1.6 Billion to as High as $8 Billion

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The meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors.   Also Read: Bitcoin … Read more

Bitcoin in Brief Wednesday: Crypto Leakers, Hackers and Rappers

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Today’s collection of Bitcoin in Brief stories from across the cryptosphere showcases how bitcoin is an unstoppable force. Even if one centralized avenue can be pressured by some governments, others will soon pop up to replace it in the decentralized global ecosystem.   Also Read: 20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon Wikileaks … Read more

CheapAir Contemplates Dropping Coinbase in Favor of BitPay

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With Coinbase shutting down the account of the WikiLeaks Shop, it has become apparent that other companies are rethinking their relationships with the service as well. CheapAir has made it clear that it is more than willing to switch Bitcoin payment processors in the future, depending on how the current situation evolves. CheapAir Isn’t too Happy with Coinbase It … Read more

WikiLeaks Calls for a Boycott of Coinbase After Losing Access to the Service

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The relationship between Coinbase and WikiLeaks is deteriorating rather quickly. More specifically, Coinbase has blocked WikiLeaks from accepting Bitcoin payments through its store, although the real reason for that decision remains unclear. To retaliate, WikiLeaks has announced a “global blockade” of the payment processor, which will take place next week. WikiLeaks and Coinbase Situation Worsens A lot … Read more

Markets Update: Bitcoin Cash Prices Up Over 60% This Week

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The price of Bitcoin (BCH) has spiked considerably over the past two weeks as the decentralized cryptocurrency’s market has just captured a $20Bn capitalization. The market value of BCH is currently hovering around $1,250 per coin and the digital asset commands close to $1Bn in trades over the past 24-hours. Also read: ‘Coindaddy’ Another Crypto-Rapper Rhymes … Read more