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Author: Crypto Coins News

Stop ‘Overreacting’, Crypto Hedge Fund Vet Tells Bitcoin Investors

As the founder of the first U.S. cryptocurrency hedge fund, Dan Morehead has seen his share of bitcoin bear markets. Speaking with CNBC on Wednesday, the Pantera Capital CEO said that he has a simple message for bitcoin investors selling into a market that has already experienced a 67 percent decline from its all-time high: … Continued

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Ukraine Election Body Trials Voting on an NEM Blockchain

Blockchain technology has been deployed for Ukrainian elections in a test according to a Facebook post by Alexander Stelmakh, an official Ukraine’s Central Election Commission. A test began several weeks ago and voting is currently underway held using test coins provided by the NEM Foundation. Blockchain makes it impossible to change saved information, the post … Continued

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‘Bitcoin [Mining] Threatens Our Existence’ Academic Says, Calls for Intervention

The ever-increasing amounts of electricity that bitcoin mining consumes threaten to reverse the efforts and gains made so far in mitigating greenhouse gas emissions, an academic has claimed. According to Dr. Jon Truby, the director of the Centre for Law and Development at Qatar University, bitcoin was designed with no considerations made on its environmental … Continued

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Thailand: 20 Companies Have Applied for Crypto Exchange Licenses

Following a new licensing system for the cryptocurrency sector in July, Thailand’s Securities and Exchange Commission (SEC) has fielded nearly two dozen applicants looking to operate domestic cryptocurrency exchanges. Thailand SEC secretary-general Rapee Sucharitakul has revealed that as many as 20 companies have applied for licenses to operate cryptocurrency exchanges within a month after a … Continued

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Australia Could See First Solar-Powered Bitcoin Mining Farm in Coal Town

An Australian data center operator and its cryptocurrency subsidiary are developing what they describe as the country’s first “behind-the-grid data center” powered by renewable energy. Situated in the coal-mining town of Collie, some 200km south of Perth, the new facility is being developed by data center operator DC Two and subsidiary D Coin and will … Continued

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Bitcoin Price Rises 3% in Gloomy Cryptocurrency Market Recovery

Over the past 24 hours, the crypto market has slightly rebounded by adding $5 billion to its valuation, as bitcoin price recorded a three percent increase. Most tokens including Basic Attention Token (BAT), Augur (REP), Ontology (ONT), Pundi X (NPXS), and Zilliqa (ZIL), that have strong developer and investor communities, have fallen by 9 to … Continued

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MLB Players Association Inks Partnership with Crypto Collectibles Startup

Blockchain in the sports industry received another boost as a new token (Player Tokens) was launched in partnership with Major League Baseball Players Association (MBLPA). This new entry into the cryptosphere is a crypto-collectible service that features 73 All-Stars and players from all 30 Major League baseball teams. Player Tokens is intended to introduce baseball … Continued

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ICOs Raised $8.3 Billion Last Quarter, but Most of them Were Abject Failures

Over half of all initial coin offering (ICO) projects failed to complete their crowdfunding in the second quarter of 2018, revealed cryptocurrency data firm ICORating in its latest report. ICOs Raised a Record $8.3 Billion in Q2, But Most Missed Their Targets The independent ICO analysis portal found that 55% of the ICOs failed in

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ShapeShift Acquires Tool that Insta-Swaps Bitcoin into Dozens of other Cryptos

Swiss-based trading platform ShapeShift AG has announced the acquisition of Bitfract, a software firm that allows users to swap bitcoin into dozens of digital assets in one transaction. According to the company’s post, the Bitfract tool is poised as a game changer that simplifies the buying process by allowing investors rebalance their cryptocurrency portfolios in

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Tim Draper Off the Hook [For Now] in Tezos Class Action Lawsuit

Claims against venture capitalist Tim Draper and Bitcoin Suisse in a Tezos class action lawsuit have been dismissed. No Direct Control According to U.S. District Judge Richard Seeborg of the Northern District of California, the motions by Draper and Swiss-based crypto financial services company Bitcoin Suisse to dismiss them as defendants in the Tezos securities … Continued

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Brian Kelly: If You’re Selling Bitcoin Because of ETF Delay, You’re Doing it Wrong

CNBC Fast Money contributor and BKCM CEO Brian Kelly has firmly emphasized that while bitcoin has seen a massive decline in price over the last 24 hours, investors selling the dominant cryptocurrency based on the delay of SEC in approving the first bitcoin ETF are doing it wrong. Bitcoin Drops 12% While EOS, Bitcoin Cash … Continued

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Bitcoin-Friendly U.S. Senate Candidate Austin Petersen Loses Republican Primary

Pro-bitcoin U.S. Senate candidate Austin Petersen has lost his Republican primary bid to challenge incumbent Missouri Sen. Claire McCaskill in the upcoming mid-term election. Petersen, who accepted the largest single bitcoin donation in federal election history and was also forced to return several six-figure cryptocurrency contributions due to campaign finance regulations, was soundly defeated by … Continued

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