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On Friday, Samsung stores in the Baltic States have announced they will be accepting seven different cryptocurrencies for merchandise. Through a partnership with the payment processing firm Coppay, customers shopping at the Samsung stores in Tallinn, Riga, Vilnius, and Kaunas will be able to pay with BTC, ETH, DASH, NEM, STEEM, XRP, and LTC. Also … Read more
Wednesday’s US House Committee hearing on financial services and Bitcoin was not exactly successful. In fact, it was another example of how biased some politicians are when it comes to new forms of money. US Representative Brad Sherman is getting a lot of heat for his comments, but it seems there’s a good reason for … Read more
Most of the positive cryptocurrency momentum is seemingly coming to an end. Bitcoin barely clings to its recent gains, whereas everything else is turning different shades of red. The TRON price, for example, is losing a lot of value in very quick succession. A rather surprising plot twist, albeit most other altcoins suffer from similar … Read more
Politics and cryptocurrency do not mix well, for obvious reasons. There are always some shenanigans taking place when people least expect them. New evidence suggests the Winklevoss twins donated $100,000 to the New York state governor right before Gemini received approval to list the Zcash cryptocurrency. Zcash Listing and the Mystery Donations The Gemini exchange … Read more
All cryptocurrency markets find themselves at a very interesting crossroads. Although it seems evident the Bitcoin price is going up in value, most of the altcoins do not benefit from this momentum. The Dash price is the only real exception in this regard, thanks to a relatively solid uptrend in the past 24 hours. Dash … Read more
At press time, the world’s top cryptocurrency is up to $7,400. This is a massive spike over where it was during the beginning of the week (high $6,000’s). Bitcoin’s price seemingly jumped out of nowhere and within hours. It went from $6,800 to about $7,200 in 30 minutes on Tuesday amidst speculation that Coinbase would … Read more
The UK’s Barclays, arguably the most powerful international corporate bank in the world, filed two crypto-related patents this week. The 300 year-old legacy bank gobbled up exclusivity over cryptocurrency transfers and distributed ledger data storage. There appears to be a trend for companies, both in and out of the ecosystem, aiming to lock up the … Read more
The cryptocurrency market situation in India is changing fairly quickly. The country’s Reserve Bank maintains a ban on cryptocurrency trading with the INR, but a new business model is emerging. KoinEx, one of the many platforms in the country, is now launching a LocalBitcoins competitor to continue exposing clients to Bitcoin and select altcoins. KoinEx … Read more
There’s been a lot happening this week within the Bitcoin Cash (BCH) ecosystem, and much of the community’s discussion revolves around tokenization concepts on the BCH chain. Meanwhile, the network has been running smoothly, and BCH markets seem to be reversing their trend after cryptocurrencies values were experiencing bearish sentiment for the past six months. … Read more
Cryptocurrency hedge funds have become increasingly popular all over the world. In Canada, the biggest crypto fund goes by the name of Rivemont Crypto Fund. Interestingly enough, its asset allocation heavily favors cash over cryptocurrency at this stage. Canada’s Crypto Fund Needs More Bitcoins One would expect a cryptocurrency hedge fund to have a vast … Read more