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Category: Finance
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Analysts and Bullion Dealers Notice a Relationship Between Gold and Bitcoin
As cryptocurrencies have grown popular over the past year, researchers have noticed an inverse relationship between gold and bitcoin markets. Over the past two weeks, as cryptocurrency markets have slumped, financial analysts are reporting even more data about the correlation between both assets. Also Read: Markets Update: Cryptocurrencies Try to Regain Strength After the Recent Dip Researchers […]
The post Analysts and Bullion Dealers Notice a Relationship Between Gold and Bitcoin appeared first on Bitcoin News.
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South Korean Card Companies Block Transactions to Overseas Cryptocurrency Exchanges
South Korean card companies are reportedly working on blocking payments to overseas cryptocurrency exchanges. Currently, 20 major crypto exchanges are blocked but that number is expected to increase, according to the Korean Credit Finance Association. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Blocking Payments Overseas South Korean card companies have […]
The post South Korean Card Companies Block Transactions to Overseas Cryptocurrency Exchanges appeared first on Bitcoin News.
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Grayscale Will Launch Stock Split for Bitcoin Trust Shares
This week the sponsor of the Bitcoin Investment Trust, Grayscale Investments has announced the launch of a 91-for-1 stock split of the Trust’s issued and outstanding shares. According to Grayscale, the division will take place on January 22 and shareholders will receive 90 more shares on top of their original shares held. Also read: Markets Update: […]
The post Grayscale Will Launch Stock Split for Bitcoin Trust Shares appeared first on Bitcoin News.
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U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday
Additional Wall Street money might start making its way into cryptocurrency investments soon. An American rating agency is set to issue grades for bitcoin and a host of altcoins this week, possibly opening the door for more fund managers to enter the field. Also Read: Bitcoin Hardware Wallet Maker Ledger Raises $75 Million from VC Investors […]
The post U.S. Rating Agency to Issue Bitcoin and Cryptocurrency Grades Wednesday appeared first on Bitcoin News.
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New Research: Laundering of Illicit Funds Less than 1% of Bitcoin Transactions
The Foundation for Defense of Democracies’ Center of Sanctions and Illicit Finance in conjunction with blockchain analytics company, Elliptic, has published a study seeking to track the circulations of illicit funds within the bitcoin economy from 2013 to 2016. The research concludes that the share of funds of illicit origin comprises less than one percent […]
The post New Research: Laundering of Illicit Funds Less than 1% of Bitcoin Transactions appeared first on Bitcoin News.
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Weiss Ratings Will Bring More Legitimacy to Proper Cryptocurrencies
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Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks
South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto […]
The post Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks appeared first on Bitcoin News.
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PR: X Win Crypto Bet – the Right ICO Could Be the Best Way to Enrich Yourself
It is known, the investment process can eventually be destroyed by the initial coin offering (ICO) or ensuing token generation events. The new business model existing it the world of blockchain technology changes traditional fundraising campaigns in the way of clarity, transparent success and safety. Producing of the held-for-trading tokens raises the capital in this process.
The post PR: X Win Crypto Bet – the Right ICO Could Be the Best Way to Enrich Yourself appeared first on Bitcoin News.
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Austrian Bitcoin Miner May Seek an IPO on the London Stock Exchange in 2018
Are you an environmentally conscience stock investor looking to add some bitcoin exposure to your portfolio without fearing you might be melting the polar ice caps? A new “green” energy cryptocurrency mining venture may soon be available for you to invest in. Also Read: Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining […]
The post Austrian Bitcoin Miner May Seek an IPO on the London Stock Exchange in 2018 appeared first on Bitcoin News.
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