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cryptopress
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2017-08-22 00:18
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cryptopress
cryptocurrency
9y
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Bitcoin Price Has No ‘Right or Wrong’ Value; Looks like a Bubble: BlackRock Strategist
BlackRock Strategist Richard Turnill says “there’s no inherent right or wrong” bitcoin price but the markets bear “many characteristics of a bubble”. Turnill, the global chief investment strategist for
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Refereum Helps Online Gamers Monetize and Reap Rewards
Video game enthusiasts will soon reap significant rewards for playing and streaming video games. Refereum, a new blockchain startup based in San Francisco, has quickly built momentum amongst online gamers
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Coinbase Updates SegWit2x Stance; May Call Forked Chain ‘Bitcoin’
Bitcoin exchange Coinbase has clarified its position on the upcoming SegWit2x hard fork, stating that it will use accumulated network difficulty to determine which blockchain the company will label “Bitcoin”
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Google Chrome Extension Caught Mining Monero via User’s CPU
Earlier this month, CCN reported on The Pirate Bay’s efforts to use visitor CPU to mine Monero in order to monetize the website’s traffic. The torrent index was using Coinhive, a JavaScript code that allows
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Bitcoin Price Justified if it’s a Widely Used Currency: NYU’s ‘Dean of Valuation’
An academic commonly known as Wall Street’s “dean of valuation” has stressed that bitcoin, while a currency, needs to be widely used to justify its soaring prices. Aswath Damodaran, a professor of corporate
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Financial Theorist William Bernstein: Bitcoin is Not a Bubble, but Remains ‘Suspicious’
Financial theorist and neurologist William Bernstein doesn’t believe that bitcoin fits the classic idea of a bubble; however, he claims he won’t be ‘wasting his time’ on it. The former American neurologist
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Fool’s Gold? Bitcoin Gold Price Drops 62% in First Day of Trading
The bitcoin gold price crashed by 62% following its first official day of trading, despite the fact that no exchanges have enabled deposits. As CCN has reported, bitcoin gold (BTG) is an altcoin that —
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Bitcoin Poses no Risks to Warrant Regulation: Singapore Central Bank Chief
Singapore has no plans of regulating cryptocurrencies like bitcoin and the central bank will keep “an open mind”, the authority’s chief has revealed. The Monetary Authority of Singapore (MAS), the country’s
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Ethereum, Bitcoin Prices Lead $3 Billion Market Decline
The cryptocurrency markets posted a multibillion-dollar decline on Wednesday, with the vast majority of top-tier coins posting minor declines. The bitcoin price ticked down to $5,631 after threatening
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“Game Changer”: Australia Goes Easy on FinTech, ICO Regulations with Draft Laws
The Australian government has published draft laws for “an enhanced regulatory sandbox” that will go easy on FinTech startups by letting them operate without a full license. The Australian government has
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Bitcoin Price Struggles to Recover Beyond $5,500; Bitcoin Gold Lacks Community Support
For the past two days, the bitcoin price has struggled to recover beyond $5,500, after surging above $6,000. Analysts have attributed to the recent decline in the price of bitcoin to the upcoming Bitcoin
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Bitcoin and Gold Exchange Vaultoro Withdraws from New York Agreement
Bitcoin and allocated gold order book exchange Vaultoro has withdrawn support for the New York Agreement (NYA), citing the absence of opt-out replay protection from the proposed SegWit2x hard fork. Vaultoro
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Re-Writing the Script in the Filmmaking Industry
Independent filmmakers who have struggled with industry challenges are gradually coasting home as the implementation of blockchain technology in film distribution eliminates virtually all previous hurdles
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(+) Cryptocurrency Analysis: Altcoins Surge as Bitcoin Forks Again
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Bitcoin Price to Hit $50,000 & Catch Apple’s $800 Billion Market Cap by 2022, Says Previously Accurate Analyst
An analyst who previously predicted bitcoin price to hit $5,000 this year, has gone bullish again to claim bitcoin will overtake Apple’s $800 billion market cap within five years. Earlier in June, stock
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Apple Co-Founder Wozniak: Bitcoin is Better than Gold
Apple co-founder Steve Wozniak believes that bitcoin is superior to both gold and the “phony” U.S. dollar. As reported by Bitcoin Magazine, Wozniak made this assertion at the Money 20/20 conference in
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‘Nail in the Coffin’: Coinbase to List SegWit2x Chain as ‘Bitcoin2x’
Bitcoin exchange Coinbase has reaffirmed its intention to provide support for both Bitcoin blockchains following the SegWit2x hard fork in November. Significantly, the forked blockchain will be listed
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‘Metronome’: SegWit2x Developer Jeff Garzik is Also Building an Altcoin
Blockchain firm Bloq has announced the creation of Metronome, a cross-blockchain cryptocurrency that will be issued through an initial coin offering (ICO). As reported by Bloomberg, Bloq intends to unveil
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Non-Government Cryptocurrency is ‘Junk’, Says Mastercard CEO in Attacking Bitcoin
Mastercard president and CEO Ajay Banga has broadly dismissed all non-governmental cryptocurrencies as ‘junk’ in a media interview. Mastercard, the world’s second-largest payments company after Visa, was
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Bitcoin Price Slips below $5,700 Following Bitcoin Gold Fork; Traders Turn to Altcoins
The bitcoin price dropped below $5,700 on Tuesday, as traders rebalanced their portfolios to stake larger positions in altcoins following the Bitcoin Gold hard fork. The ethereum price saw an 8% recovery,
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