Crypto News
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BITCOIN CAN CHANGE THE WORLD
Former New Hampshire governor and three-term senator Judd Gregg has said he believes bitcoin could alter how the world views currency. In an opinion piece published by The Hill yesterday, Gregg outlined why he thinks people believe in bitcoin. He wrote about how we could use bitcoin and what it could mean for the global economy. Briefly […]
Samsung starts mining bitcoin
Samsung has begun manufacturing bitcoin specific ASICs miners according to South Korean media, with the company starting mass production this month after they completed the development of ASICs miners last year. The company reportedly said: “We are in the middle of supplying a digital currency mining company in China,” They have entered into a contract with a […]
Bitcoin Cash is the real Bitcoin, Says US Govt Standards Agency NIST
“Technically, Bitcoin is a fork and Bitcoin Cash is the original blockchain,” according to a draft report on blockchain technology by the National Institute of Standards and Technology (NIST) The controversial statement appeared in a draft document titled “NISTIR 8202 – Blockchain Technology Overview” It attempts to set a clear definition of what blockchain technology […]
According To Authorities Cryptocurrencies Could Be the Next ”Swiss Bank Account”
Some consider Bitcoin and privacy coins (Verge, Monero,…) a threat ZCash, ZenCash,… are using encryption to ensure privacy Governments around the world worry that cryptocurrencies could become future tax havens. The loudest among world leaders are Indian Prime Minister Narendra Modi and British Prime minister Theresa May. They have spoken about the alarm at the rise […]
The Lightning Network goes on BTC Mainnet
The Lightning Network is a proposed scaling solution that may help cure the bitcoin core protocol’s transaction congestion and rising fees. The idea is to enable off-chain transactions and micropayments through a peer-to-peer network of bidirectional payment channels. Over the past six months there’s been a lot of testing using test-BTC. But lately, there’s been […]
Bitcoin continues to take over Japan
Yamada Denki, one of the largest consumer electronics retailer chains in Japan with hundreds of stores and some $10 billion in revenue, said they are to start accepting bitcoin payments. In collaboration with bitFlyer, Japan’s biggest crypto exchange, they are to initially accept bitcoin payments in two of their stores (pictured) in Shinjuku, a neighborhood […]
Bullish signs in cryptocurrency market
Bullish signs in cryptocurrency market The cryptocurrency market has continued to recover at a rapid rate over the past 24 hours, as several major cryptocurrencies such as bitcoin and Ethereum recorded major gains. Ethereum is on a roll In particular, Ether, the native cryptocurrency of the Ethereum network, demonstrated a staggering 15 percent increase in […]
IS cryptoworld going mainstream?
IS cryptoworld going mainstream? A race might be on as merchants try to gain a competitive advantage through far lower fees and by opening themselves to a new half a trillion global crypto market. Starbucks opened the firing shot, with its chairman, Howard Schultz, making it clear the world is going the crypto way. He said: […]
Why the Chinese Crypto trading Ban is Ineffective
When the Chinese government banned crypto-currency exchanges in September of last year the effect was fairly large, but also very short lived. So how did the Chinese crypto-enthusiasts get around the trading ban? Why is Chinese Crypto trading Ban ineffective? In the aftermath of the Chinese crypto-trading ban, the largest Chinese crypto-currency exchanges underwent minor […]
Is Bear turning Bull?
Last month, most of the bitcoin futures contracts were bearish as traders forecasted a downtrend in value of Bitcoin. However, according to recent data, current futures are mostly betting ‘long’ on bitcoin’s price — predicting that BTC’s value will be rising shortly. Bull and bear The introduction of Bitcoin linked futures contracts brought a lot […]
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