A number of news outlets in Israel have reported that the country's Ministry of Finance, in conjunction with the central Bank of Israel, are looking at creating a state-sponsored cryptocurrency. The reports cited anonymous government sources. According to the reports, the move is being looked at as part of an initiative to reduce dependency on…
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Adding its voice to British Columbia regulator BCSC's recent warning against trading with USI-TECH, an online Bitcoin and Forex trading platform based in Dubai, the Manitoba Securities Commission (MSC) has added its voice in issuing a warning about the company. According to the MSC, USI-TECH is an Internet-based company billing itself as an ‘automated Bitcoin…
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Three weeks after the approval of bitcoin futures by the Commodity Futures Trading Commission in the United States, Solactive announced that it is launching the Solactive Bitcoin Front Month Rolling Futures 5D Index, an index tracking the performance of XBT futures listed on Cboe Global Markets. On Sunday, 10 December 2017, Cboe made history by…
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Worldwide Asset eXchange (WAX) announced it will use blockchain-backed loan platform Salt to allow token holders to use WAX as collateral for cash loans. WAX token holders will be able to keep their cryptocurrency assets, including gaming skins and crypto collectibles, while accessing cash loans on the Salt platform. WAX is a groundbreaking project and we’re…
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While this week has been hard for Bitcoin and other altcoins, the summer of 2018 seems promising. Probably the world’s most respected investment bank, Goldman Sachs, is now considering the launch of a cryptocurrency trading desk in 2018. With the respect and brand that Goldman has, this may be a pivotal moment for the firm…
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While Bitcoin and other big cryptocurrencies are plunging this week, Ripple investors are taking off nice profits along the way. In the last couple of hours, Ripple rose in value by almost 30%, and is now trading at an all-time high of $1.39. This means that the cryptocurrency outdid Bitcoin Cash in market capacity and…
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After hitting an all-time high of $20,000 just days ago, Bitcoin has now dropped with almost one third of its value, now trading at around $13,000. After reaching a peak last Sunday, investors are now taking a “cold shower” with the decreasing price of the digital currency. There are several reasons why that might be…
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To some degree, Bitcoin trading has made no sense this year. As country regulator after regulator continued to warn against the dangers of buying cryptocurrencies, the price of Bitcoin and its crypto cousins Ethereum, Dash, Ripple et al continued to rise. The more that establishment types such as JP Morgan's Jamie Dimon chimed in to…
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SNAP will adopt NEM blockchain technology and XEM, the token underlying NEM NEM.io Foundation Ltd., a blockchain technology project, just announced that Snap Interactive, Inc. (OTCQB: STVI), a provider of live video social networking applications building on blockchain and other innovative technologies has selected NEM to power the Company’s core blockchain infrastructure. Development has already…
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Financial blockchain company Finom AG today announced it has become the first company to increase its stock capital by level of Ether (ETH) at 7,760 - the second most popular cryptocurrency. Finom’s capital stock now comprises 2.5 million Swiss Francs (СHF). The funding is registered in the Finom profile on the Swiss Commercial Register Zefix.…
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