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Author: Crypto Coins News

South Korea’s Bitcoin Price Premium Returns as Crypto Market Climbs to $385 Billion

Over the past seven days, the cryptocurrency market has increased in value from $324 billion to $385 billion, as the bitcoin price increased from $8,000 to $8,800 and other major cryptocurrencies also recorded gains in the 10 to 20 percent range. South Korea Premium is Back Up until last week, the price of cryptocurrencies including … Continued

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Coinbase Suspends WikiLeaks Shop for Terms of Service Violation

In one fell swoop, US-based cryptocurrency trading platform Coinbase has blocked WikiLeaks Shop from transacting on the exchange. As a result, Coinbase “can no longer process brokerage orders via their banking relationship,” according to a letter sent to WikiLeaks that was published in Gateway Pundit. According to WikiLeaks on Twitter, the move was sudden and Coinbase … Continued

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Op-Ed: Savedroid’s ‘Exit Scam’ Stunt Was Irresponsible

Exit scam or not, the stunt that Savedroid pulled this week was irresponsible. The Frankfurt-based company, allegedly to raise awareness about the need for more initial coin offering (ICO) regulations, tricked investors into believing it had pulled an exit scam. As CCN reported, Savedroid replaced its website with the “Aaand it’s gone” meme from South

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South Korea’s Biggest Cryptocurrency Exchange to Conduct ICO in Switzerland

Earlier this week, mainstream media outlet News1 reported that Bithumb, South Korea’s biggest cryptocurrency exchange, is conducting an initial coin offering (ICO) later this year to launch its own cryptocurrency Bithumb Coin. Bithumb Coin Some of the largest cryptocurrency trading platforms valued at billions of dollars such as Binance, Kucoin, and Huobi have already released

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Bitcoin Price Moves Towards $9,000 With Strong Momentum, Bull Market

The bitcoin price has surpassed $8,800 after rising more than 6 percent over the past 24 hours. Volumes across major cryptocurrency exchanges remain strong and the daily trading volume of the market has increased past $26 billion for the first time over the past month. $9,200 On March 21, the bitcoin price tested the $9,200

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JPMorgan Tests the Waters for Debt Issuance on a Blockchain

For a bank that has distanced itself from cryptocurrencies, JPMorgan is sure fond of the blockchain. The biggest US bank based on assets joined forces with the National Bank of Canada, among others, to develop an application based on its Quorum technology for debt issuance on the blockchain (corporate bonds, Treasury bonds, etc.) The test … Continued

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Free Crypto Trading App Robinhood Launches in Colorado with Bitcoin, Ethereum

The competitive landscape for cryptocurrencies is heating up in the United States. Zero-commission startup exchange Robinhood just announced on Twitter its expansion into Colorado. The trading platform unveiled commision-free trading for leading cryptocurrencies bitcoin and Ethereum in the western state. In addition to cryptocurrencies, the Palo Alto, Calif.-based trading platform also supports stocks, ETFs and … Continued

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Crimea Plans Cryptocurrency Fund to Circumvent Sanctions, Woo Foreign Investors

Crimean authorities want to launch a cryptocurrency fund for foreign investors to circumvent the economic sanctions currently in place against the Russian-occupied territory. Georgy Muradov, the deputy prime minister of Crimea, revealed his plans on April 18. “We are discussing these schemes to circumvent sanctions,” Muradov told reporters (via Tass). “One way is the creation … Continued

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Dilbert Lampoons Corporate Blockchain Ignorance in Comic Strip

Dilbert creator Scott Adams is at it again. The comic strip, known for its satirical portrayals of corporate office life, on Friday parodied ignorance about cryptocurrencies and blockchain technology. In this latest strip, Adams jabs at corporate executives who love to talk about blockchain technology, even though it is quite evident that they have no … Continued

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European Union Votes for Closer Regulation of Cryptocurrencies

With a majority vote, the European Parliament has reached an agreement to enforce closer regulation of cryptocurrencies. A December 2017 agreement with the European Council that proposed closer regulation of cryptocurrencies to prevent their abuse in money laundering and terrorism financing has found support from EU Parliament members in a vote on Thursday, a press

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Bitmain Will ‘Burn’ 12% of Bitcoin Cash Txn Fee, Calls on Other Miners to Follow

Cryptocurrency mining rig manufacturer and mining pool operator Bitmain has announced that it will destroy a portion of the transaction fees that it accrues from mining Bitcoin Cash blocks in a bid to support the economic health of the network. AntPool, the Chinese company’s mining pool, made the announcement on Friday, explaining that it will

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US Regulators Asked Not to Classify Ethereum as a Security: NYT Report

A trade group representing venture capital firms that invest in cryptocurrencies has requested that US securities regulators provide formal assurance that ether, the native currency of the Ethereum platform, is not a security. As CCN reported, the “Venture Capital Working Group” — comprised primarily of lawyers and representatives from Silicon Valley venture firms Andreessen Horowitz … Continued

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