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Author: Bitcoinist

Bitcoin Gold Debuts at #5 on CoinMarketCap

Amid various scams and scandals, Bitcoin Gold has finally been listed on CoinMarketCap. It is already ahead of major altcoins such as Dash, Litecoin, and Monero and has risen hundreds of dollars in price since its initial listings and is currently sitting at around $360. The Second Continuing Fork of the BTC Network Bitcoin Gold forked off the main network earlier this month, with the weeks leading up to the fork being rife with confusion.

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Bitcoin Rockets Past $9000

The meteoric rise of Bitcoin continues as the digital currency has just reached $9,000, which is a staggering rise from its $800 value at the end of 2016. To say that 2017 has been a good year for Bitcoin is a massive, massive understatement. The cryptocurrency that many people considered an interesting distraction has skyrocketed in value since the start of the calendar year. People were amazed when it hit $5,000, and they were then

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Preparing a Digital Inheritance – What Happens to Your Bitcoin When You Die

Bitcoin is one of the first assets the world has ever seen that can be solely controlled by one person and, with the right precautions taken, can’t be taken from you. But seeing how this is a new type of asset, people with lost of money in digital currencies must take the necessary steps to see to it that their funds are given to the people you care about. Giving Your Bitcoin to Future Generations

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Bitcoin Gold Issues Critical Warning About Suspicious Windows Wallet File

Bitcoin Gold (BTG) has just issued a warning about a suspicious file of unknown origin found on their download links on their web page and on their Github release page. It seems that Bitcoin Gold has been dealt more than their share of bad luck recently. The company is still mired in the aftermath of the MyBTGWallet scam, and now they have been hit with another problem that is causing them to issue a critical

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Bitstamp to Add Bitcoin Cash Trading in December

Cryptocurrency exchange Bitstamp will support three Bitcoin Cash trading pairs – BCH/USD, BCH/EUR, and BCH/BTC – starting the first week of December due to customer demand. Bitstamp, the twelfth largest crypto exchange by volume and the seventh highest ranked exchange on BestBitcoinExchange.io, recently announced it would support Bitcoin Cash (BCH) trading starting the first week of December. Bitcoin Cash is currently trading around $1600. Although originally supported by only a handful of exchanges following its

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Bitcoin and Millennials Threaten the Survival of Traditional Savings Accounts

The paper check died a few years ago. Now, the savings account is inexorably approaching its death. Millennials, the largest living generation, are not interested in savings accounts managed by traditional banks. Instead, increasingly, millennials prefer to put their savings into Bitcoin. Millennials Are Starting to Put Their Savings into Bitcoin The three-thousand-year-old monetary system, and in turn the obsolete banking system, are becoming casualties of the cryptocurrency’s all-encompassing technological revolution. The millennial generation does

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Xapo Reveals Fortified Military Bunker for Storing Bitcoin

Xapo, the company owned by Wences Casares, recently allowed a reporter to visit their secret ex-military bunker in the Swiss Alps where they store Bitcoin for important clients. There are times when the real world can be as surreal and fantastic as a movie. Case in point is the recent article written by Joon Ian Wong for Quartz and the World Economic Forum detailing his trip to a secret military bunker in the Swiss Alps.

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BitCoen.io, the First Kosher (Jewish) Crypto-token and Blockchain Ecosystem, to Launch Token Sale on November 28, 2017

British company BitCoen is opening up an international blockchain market. The company declared its strategic goal – to help interaction between representatives of the Jewish communities around the world. The BitCoen ecosystem is a system of services, qualitatively improving the life of the Jewish community. Jewish communities from different countries demonstrated their interest in the project during the pre-sale period. Even before the start of the token sale, the project had amassed a following of

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Bitcoin Smashes a New All-Time High of $8,700

Bitcoin’s meteoric flight does not take a break. Shrugging off the weekend and Thanksgiving Day, Bitcoin boldly surpassed the $8,700 USD mark, on Saturday morning, November 25, 2017. Similarly, on the same date, Ethereum reached a fresh all-time high of $480 USD. Bitcoin’s Unstoppable Spectacular Surge Investors have been in a bullish mood, setting Bitcoin on a steady trajectory towards the stratosphere since November 17, 2017, when the cryptocurrency touched the $8,000 resistance level. On

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Creating the World’s First Bitcoin Wallet for the Blind

Many hackers and scammers are currently targeting individuals and companies that have cryptocurrencies on their systems. One of the most secure methods to store digital currencies is a hardware wallet. But most of the hardware wallets do not support usage for blind people – until now. Securing your Bitcoins More and more people are becoming victims of sophisticated hacking attacks that are mainly targeting their cryptocurrencies. There are many different ways in which users can store

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Crypto Caper! Austrian Man has $117K in Bitcoin Stolen Over Public WIFI Network

$117,000 worth of Bitcoin was reportedly stolen from an Austrian man’s laptop in Vienna after he logged onto a public WIFI network at the restaurant he was eating in. The as yet unnamed victim, as reported by CBS News, told authorities that his Bitcoin was transferred from his wallet after he logged onto a public WIFI network at a restaurant in Innsbruck, Austria. Police have so far been unable to confirm whether the victim’s computer had

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Malaysian Government to Introduce Regulatory Framework for Cryptocurrencies

After China and South Korea started cracking down on cryptocurrencies and altcoin exchanges, a new report states that the Malaysian government is preparing a regulatory framework for cryptocurrencies.  More Cryptocurrency Regulations   A few months ago, news emerged that the Chinese regulatory body imposed bans and regulations regarding cryptocurrency activities. The ban mainly focused on Initial Coin Offerings or ICOs, because regulators feared that some of them may have been fraudulent. Regulators demanded that the

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