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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 Will Lead to the Rise of State Cryptocurrencies: Citigroup CEO
In an interview with Bloomberg at The Year Ahead summit in New York, Citigroup CEO Michael Corbat recently predicted that bitcoin’s threat to the financial system will lead to state-sponsored digital
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With CME’s December Futures Launch, Can Bitcoin Price Hit $10,000 This Year?
CME Group, the largest options exchange in the global finance sector, has announced December 10 as the official launch date for its bitcoin futures trading platform. Analysts expect the bitcoin price to
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Bitcoin Price Leaps to $8,277 as Record-Setting Rampage Continues
Bitcoin price set a new all-time high on Monday after climbing to $8,277 on bitcoin exchange Bitfinex. Bitcoin Price Nears $8,300 The bitcoin price had reached $8,100 over the weekend, but it had been
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Zimbabwe’s Bitcoin Price Surge: Only a Temporary Upheaval?
Zimbabwe has had an interesting couple of days. This is after a military takeover that ousted the longtime president Robert Mugabe. The events saw the cost of one bitcoin rise to $13,499. Nearly double
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Bitcoin Price Surge Leads to Electricity Consumption Spike: Blog Questions Environmental Impact
Bitcoin’s price surge has swelled the power consumption of computers mining the digital currency, according to a blog by Christopher Malmo, writing in Motherboard, that questions the environmental impact
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¥10 Million: Japanese IT Firm CAICA Enters the Cryptocurrency, ICO Business
Tokyo-based software firm CAICA has become the latest company to enter the cryptocurrency industry with a new virtual currency subsidiary capitalized at 10 million yen. CAICA Inc., a Tokyo-based software
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Hong Kong Banks Shun Bitcoin, Driving Startups to Seek Foreign Banks
Hong Kong banks have frozen and closed accounts of bitcoin businesses, forcing the companies to open foreign accounts, according to the South China Morning Post. A representative of Hang Seng Bank advised
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India’s Largest Bank Confirms Blockchain Rollout in December
The State Bank of India will launch two blockchain production-ready beta solutions next month, ready for use to 27 major Indian banks of the ‘BankChain’ consortium. Government-owned State Bank of India
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Setbacks And Naysayers Begone! Bitcoin Breaks $8,000 On Investor Confidence
Bitcoin broke through the $8,000 price mark this morning, reaching an all-time high of $8,100, thumbing its nose at the growing chorus of doomsayers reacting to the financial industry’s rising interest
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Newsflash: Bitcoin Price Reaches $8,100, a New Record High
Bitcoin price has struck a new all-time high of $8,100 during Sunday’s trading, continuing its rally from the previous Sunday’s lows. The world’s first cryptocurrency has hit a new record high of $8,100
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Prominent VC Investor: Be Aware of ICO Pump and Dump Schemes
Jason Calacanis, a highly regarded venture capital investor who has invested in 150 successful technology startups such as Uber, Evernote, and Swell cautioned investors in the cryptocurrency sector in
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Manhattan’s Real Estate Eyes Up Bitcoin for Property Payments
Manhattan’s real estate market is embracing bitcoin for property payments as the digital currency increases in value. One property developer who is hoping to capitalise on the recent digital currency boom
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UPS-Backed Blockchain Consortium Seeks to Disrupt the Freight and Logistics Industry
As blockchain becomes ubiquitous across consumer and enterprise applications, we will continue to see more and more large scale disruption of traditional sectors that are critical parts of the global economy.
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Karpeles Looks to Revive MtGox, Seeks $245 Million
Does anyone have $245 million to revive MtGox? Mark Karpeles, who has pleaded not guilty to charges of money laundering and embezzlement, claims reviving MtGox offers a way to allow creditors to get something
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Billionaire Investor Novogratz: Ethereum En Route to New All-Time Highs
Mike Novogratz, the billionaire hedge fund investor and former executive at Fortress, believes Ether, the native cryptocurrency of Ethereum, is poised to achieve new all-time highs in the short-term. “ETH
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US Treasury Official: More Blockchain Use Cases Needed
An official from the U.S. Treasury has written an optimistic article on the blockchain, calling for more relevant use cases, proofs of concepts and pilot projects with the technology. Craig Fischer, who
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Internet Archive Enables Donations With Zcash, Bitcoin Cash And Bitcoin
Since cryptocurrency relies on the Internet, cryptocurrency users have an interest in supporting a free and secure Internet. Internet Archive, a non-profit created to build an Internet library, gives
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Bitcoin a Market for Miscreants & Millennials: ‘Commodities King’ Gartman
Hedge fund legend and billionaire investor Mike Novogratz may have viewed last week’s bitcoin price decline as an opportunity to purchase $15 million to $20 million worth of BTC at a discount, but market
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Bitcoin Play Speaks to Square’s Innovation, Not Bitcoin’s Validation, Says CFO
Sarah Friar, CFO and operations lead at Square, told CNBC that her company’s recent move to enable bitcoin trading stands as a testimony to its innovation as opposed to a validation of bitcoin, according
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Bitcoin Has ‘Unquantifiable Risk’: UBS Investment Chief
The world’s largest wealth manager says it does not plan to invest in bitcoin or other crypto assets due to the absence of government oversight and the lack of a clear exit strategy. 2017 has been a watershed
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