United States of Bitcoin: Illinois Gives Crypto Love While Other States Hate

United States of Bitcoin: Illinois Gives Crypto Love While Other States HateThe United States continues to divide over the issue of cryptocurrency generally and bitcoin in particular. Idaho and Alaska issued crypto investment warnings, while Iowa’s Insurance Division cautions against the digital asset’s “high risk,” and Utah announces “scam” scares. Illinois bucks the worrywarts, however, and is instead crafting legislation that would welcome crypto businesses and […]

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Shapeshift Throws Its Support Behind the Bits Standard for Measuring Bitcoin

Shapeshift Throws Its Support Behind the Bits Standard for Measuring BitcoinBitcoin developer Jimmy Song is on a mission to redefine the default standard for measuring bitcoin. If Song has his way, BTC will be recorded in “bits” by default, with each bit corresponding to one thousandth of a bitcoin. His Bitcoin Improvement Proposal for bits was submitted in December and this week, the plan came […]

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Cryptocurrency Valuations Have Created Very Wealthy Founders

Cryptocurrency Valuations Have Created Very Wealthy FoundersBitcoin has been on a tear for well over a year now, but a few other cryptocurrencies have increased in value far more than BTC. This past week the two digital assets ripple (XRP) and ethereum (ETH) have spiked in value exponentially, making the founders of these projects some of the wealthiest men in the […]

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Dogecoin Developers Lament Billion Dollar Market Cap Milestone

Dogecoin Developers Lament Billion Dollar Market Cap MilestoneFollowing last month’s boom in price, Dogecoin now boasts a total market capitalization of over $1 billion USD. Curiously, the price milestone appears to have garnered criticism from the projects developers and creator – who have criticized the preponderance of speculative considerations within the cryptocurrency markets. Also Read: Stellar Rockets into the Cryptocurrency Top 10 After […]

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Report Reveals 18% of Investors Buy Bitcoin With Borrowed Money

Report Reveals 18% of Investors Buy Bitcoin With Borrowed MoneyJust recently the consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies. According to the survey, out of 672 active bitcoin investors polled, 18.15 percent of the participants used a credit card to fund bitcoin purchases. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed Out of 672 […]

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Markets Update: Bitcoin’s Price Re-Captures the $16K Territory

Markets Update: Bitcoin's Price Re-Captures the $16K TerritoryThe weekend is coming, and things are looking far more optimistic for bitcoin markets than the last two holiday weekends. BTC/USD market value has jumped considerably since it hit a low of $11,600 across global exchanges with the price now averaging $16,500 per BTC on January 5. Last week a bunch of tokens priced under […]

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What Is Bitcoin Private?

TheMerkle Bitcoin Privacy Hard ForkThe number of existing and upcoming Bitcoin hard forks continues to grow at an alarming rate. In fact, it seems the next fork is always just around the corner. Bitcoin Private, for example, is one of those upcoming forks, but these tokens will not be issued to BTC holders. That in itself is a rather remarkable decision. Whether or not anyone will care about this fork remains to be determined, though. Bitcoin Private Uses ZClassic Technology It is evident that Bitcoin lacks privacy and anonymity traits. Although some government officials like to label Bitcoin as anonymous, it is anything but.

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