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Category: Live Bitcoin News

Mad Money Host Claims Bitcoin and the Blockchain Are Impacting Bank Stocks

The host of CNBC’s Mad Money, Jim Cramer, has said that technologies such as Bitcoin and PayPal are putting pressure on bank stocks despite the Federal Reserve announcing a rise in interest rates. Several Possible Answers Jim Cramer, the host of Mad Money was speaking last Friday on CNBC where he was trying to figure

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Zimbabwe’s Central Bank Challenges Ban on Trading Cryptocurrencies

The Reserve Bank of Zimbabwe is challenging a High Court ruling against its ban on the trading of cryptocurrencies in the country after crypto exchange Golix had the ruling lifted. Bank Claims Bitcoin Is Used by Criminals In May, Zimbabwe’s central bank gave financial establishments 60 days to cease relationships with digital currency exchanges Golix

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Benjamin Katz Painting Sells for 150 Bitcoins ($1.25 Million)

Bitcoin and other cryptocurrencies are making their way into the art world. The latest example is that of a Benjamin Katz painting that just sold for 150 bitcoins, worth around $1.25 million. On the surface, one would think that cryptocurrency and art have little in common. One is a financial system while the other is

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LTCUSD Technical Analysis for 06/18/2018 – On the Lookout for a Triangle Breakout

LTCUSD has formed lower highs and higher lows to create a symmetrical triangle pattern on its 1-hour chart. Price is approaching the peak of the formation so a breakout could happen any moment now. The 100 SMA is below the longer-term 200 SMA, hinting that the path of least resistance is to the downside. In

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Imogen Heap Using Harry Potter to Fund Music Industry Blockchain Project

Blockchain technology and cryptocurrency continue to make inroads. Musician Imogen Heap is perhaps one of the biggest “believers” in these technologies. She is now using Ethereum and the proceeds from the Harry Potter musical to fund a new blockchain project. The New Imogen Heap Project The name Imogen Heap is closely entwined with Ethereum and

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Declining Cryptocurrency Mining Earnings Not Cause for Concern

The year 2018 has been very interesting for the cryptocurrency industry. With all prices tumbling, it is evident a new paradigm looms on the horizon. For cryptocurrency miners, profits have declined sharply. This may effectively bring an end to the rising GPU prices, which have annoyed gaming enthusiasts all over the world. Cryptocurrency Mining Earnings There

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Should Schools Offer Bitcoin Education?

As Bitcoin and other cryptocurrencies continue to gain in acceptance, a debate has risen over whether or not schools should embrace Bitcoin education for their students. Debates about Bitcoin and cryptocurrencies is nothing new. A lot of people initially brushed off virtual currency as a gimmick. After the remarkable bull run last year, a lot

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Analyst Stands by $60,000 Bitcoin Price Prediction

Despite the ongoing volatility in the cryptocurrency market, analyst Phillip Nunn stands by his Bitcoin price prediction of $60,000 by the end of 2018. It’s no secret that the value of Bitcoin has dropped dramatically from its all-time high back in mid-December 2017. Once hitting almost $20,000, the number one cryptocurrency has dropped to $6,549.

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Japanese Officials Arrest Three for Injecting Websites With Coinhive Scripts

Japan is a very prominent region when it comes to cryptocurrency. With the government actively monitoring this industry, positive things will happen. That also means there will be a harsh crackdown on any activity which shouldn’t see the light of day. This is especially true where Coinhive scripts are concerned. Another Cryptocurrency Mining Incident While

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Mastercard Considers Blockchain a Viable Asset Against Fraud

Even though cryptocurrencies remain somewhat controversial, their underlying blockchain technology is very different.  In fact, it has become apparent there are quite a few issues Mastercard can solve with this new technology. Ending Fraud with Blockchain Blockchain has been heralded as a major revolution for the financial sector. Mastercard holds out high hopes for this

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Steve Bannon: Bitcoin Is ‘Disruptive Populism’

Ex-White House advisor and conservative firebrand Steve Bannon is “heavily” invested in Bitcoin and believes that cryptocurrency is “disruptive populism.” Steve Bannon is emerging again into the limelight. The conservative firebrand was an advisor to Donald Trump’s successful campaign for the US presidency, but he was ousted later on after a book detailed some disparaging

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ClearBank Brings Faster Payments Service to the London Block Exchange

Traditional financial services play an important role in the cryptocurrency world. Especially for exchanges, a reliable banking partner makes a big difference. One exchange in the UK recently inked a deal with ClearBank, marking a positive development for the cryptocurrency industry in the United Kingdom. ClearBank Embraces Cryptocurrency The past few years have not been easy

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