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cryptopress
@cryptopress
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2017-08-22 00:18
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cryptopress
cryptocurrency
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ICOs on the Rise: Token Sales at Nearly $800 Million in Q2 2017
ICO’s raised a record rate of $797 million in the second quarter of 2017, according to CoinDesk’s State of the Blockchain report. Combined with Q1 2017’s rates, initial coin offerings were funded by $1.13
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U.S. Bill Would Ease Bitcoin Tax Regulations for Small Transactions
Two U.S. congressional representatives have introduced a bill that would reduce bitcoin tax reporting requirements. If the bill is signed into law, U.S. bitcoin users would no longer have to report
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Bitcoin Price Rebounds from $2,900 to $3830 in 24 Hours, Despite Chinese Exchange Ban
On September 16, Chinese authorities and local financial regulators officially requested cryptocurrency exchanges and trading platforms operating within China to halt their services by September 30. Almost
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BitClave Search Engine Taps the Ethereum Blockchain to Decentralize Advertising, ICO Planned
BitClave, an Ethereum blockchain based search engine, marks an attempt to decentralize online advertising by allowing users to be compensated for their data directly from the retailers they are searching
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Newsflash: Bitcoin Price Rebounds to $3,500; China Woe No More?
After Friday’s early freefall, bitcoin price is on an upward climb to gain over 7% in the last hour of trading the USD value of the cryptocurrency climbs back above $3,500. Going by early indicators, the
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Bitcoin Exchanges OKCoin and Huobi to Cease CNY Trading Oct. 31; Token Trading to Continue?
Chinese bitcoin exchanges OKCoin and Huobi issued concurrent statements announcing they will suspend CNY trading pairs on October 31. The statements did not explicitly mention suspension of all trading,
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$11 Billion: 24-Hour Cryptocurrency Trading Volume Hits New Record
Cryptocurrency trading volume reached a new milestone on Friday, crossing $11 billion for the first time amid regulatory uncertainty in China. Crypto Markets Post Record Volume According to data obtained
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Chinese Bitcoin Exchanges OKCoin and Huobi to Close in October: Report
Chinese bitcoin exchanges OKCoin and Huobi will reportedly close their trading platforms by the end of October, joining BTCC, ViaBTC, and Yunbi in shuttering order-book services. According to a report
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This ICO Utilizes the Power of Blockchain for Crowdfunding
Hackspace Capital is venture capital fund which taps into the potential of blockchain technologies to disrupt the industry leaders in crowdfunding like Indiegogo, Kickstarter, and GoFundMe. A welcome change
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Newsflash: Bitcoin Price Falls to $3,000 but China Influence Wanes
Bitcoin price dropped further amid a frenzied market sell-off on Friday in a week where two major Chinese exchanges announced the halt of trading operations following regulatory scrutiny. Bitcoin prices
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Chinese Bitcoin Exchange ViaBTC Becomes Second Platform to Shutdown
Chinese bitcoin trading platform ViaBTC will become the second exchange after BTCChina to shut down operations amid an ongoing crackdown on cryptocurrency industry. In an announcement on Firday, Shenzen-based
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China Bitcoin Crackdown: Internet Finance Authority Seeks Regulatory Framework
As Beijing’s crackdown on bitcoin exchanges, a senior executive at China’s internet finance association has called for a regulatory framework for virtual currencies. Li Lihui, a senior official at China’s
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Chinese Bitcoin Exchange BTCC to Suspend “All Trading” on Sep 30
In significant news coming out of China, one of the country’s “big three” exchanges, BTCC, has announced it will stop trading of cryptocurrencies this month. Shanghai-based BTCC wrote on social media:
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The Slippening: Ethereum, Bitcoin Prices in Free Fall as Market Plunges Below $120 Billion
Both the bitcoin price and ethereum price went into free fall on Thursday following multiple reports that various Chinese government agencies are preparing to ban cryptocurrency exchanges. As CCN reported,
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Alleged BTC-E CEO Claims Innocence Following Arrest
Alleged BTC-e CEO Alexander Vinnik maintains his innocence following his arrest for laundering more than $4 billion in bitcoin, as well as several other crimes. Vinnik, a Russian national, was arrested
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Real Gold No Longer Represents Real Value, but Can Secure Stable Growth for the Cryptocurrency Market
As we have reached the 21st Century, gold in the form of metal no longer represents any real value. Nowadays, the precious metal is mostly used by investors to hedge against the negative factors of the
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Bitcoin Price Falls to $3,450 But Analysts Aren’t Worried
Bitcoin price plunged from $3,860 to $3,460 within the past 24 hours due to the closure of China’s third largest bitcoin exchange BTCC. But, the majority of traders in China and other major markets such
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Newsflash: Bitcoin Price Falls to 30-Day Low Below $,3500 amid China Crackdown
Bitcoin price felt the impact of developments in China’s markets as Shanghai-based exchange BTCC announced the closure of operations come September 30. The price of bitcoin fell to a global average low
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GPU Mining ‘Important Driver’ for Future AMD/Nvidia Growth: Market Analysts
The 2017 cryptocurrency market rally and subsequent GPU mining boom have created near-insatiable demand for graphics cards, leading many to question whether Nvidia and ADM should be concerned if the market
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China Bitcoin Exchange Ban ‘Certain’; BTCC to Suspend Trading; Shanghai Issues Verbal Shutdown Order: Reports
Chinese regulators have reportedly stated that a bitcoin exchange ban is “certain”. Meanwhile, Shanghai has issued a verbal shutdown order to bitcoin exchanges based in the city, and BTCC has announced
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