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Author: Crypto Coins News

Bitcoin Spikes 7% to $8,460 Overnight as Cryptocurrency Market Rebounds

After dipping below $7,300 on most major cryptocurrency exchanges, the price of bitcoin has spiked 7 percent overnight, increasing from $7,240 to $8,467, triggered by a variety of factors. G20 Many analysts have attributed the recent increase in the price of bitcoin to the result of the 2018 G20 Buenos Aires summit, during which the … Continued

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Bitcoin Gloom? Cheer Up People. Things Are Moving Forward!

Apparently the community sentiment towards cryptocurrencies is darkening, yet again, due to the recent price drops. The culprit behind these massive sell orders? You already know the answer, Mt. Gox creditor. Google trends quickly show how the community is reacting to the recent events: people’s interest is as low as it was in May 2017. … Continued

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$75 Million: Reg A+ Cap Expansion Could See More ICOs File in the US

We’ve written in the past about the various methods companies in the United States can go about raising money via an ICO/token offering.  One of the main methods we mentioned was the use of Regulation A+, something traditionally utilized by smaller companies to IPO that’s been embraced by cryptocurrency companies in the U.S. The problem is … Continued

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Cryptocurrency Hedge Fund: We’ll Succeed, Even if Bitcoin Ends Up Defunct

Dan Morehead, chief executive officer (CEO) and co-chief investment officer of struggling cryptocurrency hedge fund Pantera Capital, recently claimed that even if bitcoin fails like Pets.com did during the dot-com bubble, the hedge fund would still see investors make money. According to CNBC, Morehead’s reasoning was that cryptocurrencies are revolutionary and here to stay. Using

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IBM Presents its Take on Blockchain for Business

Evanston IL—CCN correspondent Eric Eissler covered a lecture at Northwestern University by Marie Wieck, IBM General Manager, Blockchain. Wieck covered the industry, the history of blockchain and talked about IBM’s Hyperledger project and how to tackle the challenges of digitization such as food-chain supply safety and digital identity. IBM enters Blockchain   IBM started working

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Dubai Employee Steals $200,000 in Cryptocurrency Embezzlement Fraud

According to Dubai-based newspaper Khaleej Times, a cryptocurrency trading platform in the city caught its own employee stealing cryptocurrency for his personal use. Both the company as well as the convict were kept anonymous in the entire story. The man was an expert in managing trading systems, which was why he deceived the software responsible … Continued

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Blockchain and AR is Revolutionizing the Gaming Industry

Merging the virtual and real world is a development that is becoming common in the gaming ecosystem. Most of these new games involve the integration of game visuals and audio content with a player’s environment in real time. This phenomenon is described as Augmented Reality (AR). Real-life Participation Working with the GPS application of the … Continued

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Market Crashes, Binance Pivots and OpenBazaar Developments: This week in Crypto

What happened in crypto this week? Price Watch Bitcoin is down about 8% this week to $7,800.This has been attributed to low volume, FOMO, and the ICO hearing. The news isn’t all bad though, several experts are saying now might be a good time to buy. Ethereum is down about 16% this week to $560. This is … Continued

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Florida State Employee Arrested for Mining Cryptocurrency on Agency Infrastructure

According to a statement released by the Florida Department of Law Enforcement (FDLE), an employee at the Department of Citrus was found using state-owned computing hardware to mine cryptocurrencies. The perpetrator, Matthew McDemott, served as the information technology manager for the department, which overlooks the functioning of the citrus industry in Florida. The FDLE arrested … Continued

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Bitcoin Slips to $7,840 as Sell Volumes Intensify, Cryptocurrency Market Slumps

The valuation of the cryptocurrency market, which hovered near the $470 billion mark merely two weeks ago, has declined to $313 billion, as major cryptocurrencies including bitcoin fell in value. Bitcoin Slumps Over the past 24 hours, the price of bitcoin fell from $8,600 to $7,840, by nearly $800. While trading volumes of most major

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Traditional Liechtenstein Bank Launches Cryptocurrency Investment Platform

Citizens of Liechtenstein, a country that has become rather famous for its cryptocurrency acceptance, will soon be able to purchase digital currencies directly from a bank. Given the royal family’s demonstrated interest in the asset class and the general willingness to embrace cryptocurrency development, the move is perhaps not too surprising. According to a press … Continued

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Crypto Trading App Robinhood Expected to Hit $5.6 Billion Valuation with New Funding

Robinhood’s valuation is expected to jump fourfold to around $5.6 billion, driven by the stock brokerage app’s popularity among millennials. The company, which offers cryptocurrency trades in addition to stock trades, is in the process of securing around $350 million from an investor group led by DST Global, a Russian firm. The group led Robinhood’s … Continued

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