Category: Cryptocurrency

February 06, 2018 BY Mariela Naydenova

The story of 30 days and $550 billion loss

From 7th of January to 6th of February, over $550 billion have been lost in value, as major altcoins and Bitcoin took huge hits to their prices and ultimately, to their market capitalizations. On January 7th, the total market cap of the cryptocurrency market was around $836 billion, close to the market cap of Apple.…

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Singapore
February 06, 2018 BY Mariela Naydenova

Singapore - one of the few left "crypto heavens"

While India and China, together with a few large US banks are going with full forces against Bitcoin and cryptocurrencies, Singapore is going “pro” at the same time. Cointelegraph reported that Singapore’s deputy prime minister, Tharman Shanmugaratnam, said that the country will not be banning cryptos in the new future. None such plans are foreseen…

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INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets
February 06, 2018 BY Valentina Kirilova

Japan Net Bank tests blockchain technology with mijin and Hyperledger

Japan’s first online bank pilots blockchain technology to reduce costs and improve efficiency Fintech and cryptocurrency solutions company Tech Bureau today announced that Japan’s first online bank is testing blockchain technology integrations using mijin and Hyperledger. Japan Net Bank, Limited, has initiated a proof-of-concept project to evaluate mijin and Hyperledger for paperless contract administration. Currently,…

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Bitcoin
February 06, 2018 BY Valentina Kirilova

Fullerton Markets adds Bitcoin funding of client accounts

Fullerton Markets today announced the acceptance of Bitcoin as a new funding method for client deposits. Mario Singh, CEO of Fullerton Markets, commented: We have had loads of requests over the last couple of months to integrate a payment processor which accepts Bitcoin. Interestingly enough, the requests have not dropped despite Bitcoin falling over 50%…

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February 06, 2018 BY Mariela Naydenova

Cryptos are dying, blockchain is thriving

Bitcoin hit another low this morning, trading at $7,400 per coin according to major exchanges. It seems that when Bitcoin is going down, almost all altcoins are also plunging. After India and China went against Bitcoin, and with the recent news that major banks such as JPMorgan, Lloyds Banking Group and more, are banning Bitcoin…

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February 03, 2018 BY Mariela Naydenova

Markus and Willy, the bots behind Bitcoin's price movements

Bitcoin is plunging right now. The price of the digital currency went under $7,500 today, according to major exchanges like Coinbase. Bitcoin was hitting $20,000 in December, 2017. Many are wondering what is going on and for how long. Does the price volatility and plunge of Bitcoin mean the end for the cryptocurrency? With all of…

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February 02, 2018 BY Valentina Kirilova

UnitedBitcoin implements first cross-chain distribution following a fork

Community airdrop will distribute UBTC to blockchain communities, forums, and organizations recognized by the UnitedBitcoin Foundation United Bitcoin, the Bitcoin fork launched by pioneers Jeff Garzik and Matthew Roszak, today announced a community airdrop. UnitedBitcoin’s airdrop marks the first cross-chain distribution following a fork. UBTC is now listed on 18 exchanges, and its Hong Kong…

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February 01, 2018 BY Mariela Naydenova

Bitcoin's downfall to $8,900 - the reasons

Bitcoin fell down to $9,000 on Thursday, February 2nd, 2018. Many did not expect the digital currency to go below this level, but that happened in a matter of hours. What could have caused the downfall are major worries that India is now on a mission to ban cryptos and a possible price manipulation on…

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