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Tom Lee Says BTC Will Hit $25,000 in 2018, Advises ‘Ag… | News

Co-founder and Fundstat strategist Tom Lee predicted that Bitcoin (BTC) will hit $25,000 by the end of this year in an interview with CNBC today, Jan. 18. Lee had previously forecasted that BTC would only reach this mark by 2022. The Wall Street strategist told CNBC today that now by 2022 he sees BTC hitting the $125,000 mark. Lee’s prediction comes ...

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NYSE Parent Firm And Blockstream Create CoinMarketCap… | News

Intercontinental Exchange (ICE) has partnered with Blockchain tech company Blockstream to bring “disciplined” Bitcoin price information to major Wall Street investors, The Wall Street Journal (WSJ) reports. ICE, the parent firm of the The New York Stock Exchange (NYSE), says it plans to pull data from 15 major exchanges and deliver it to big financial names, including hedge funds and ...

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China’s Alibaba Says New P2P Platform Is Not Crypto-Re… | News

Following recent reports that Chinese e-commerce conglomerate Alibaba launched its own cryptocurrency mining platform, the company has issued an official statement Tuesday, Jan. 16, denying that its platform is related to either virtual currencies or their mining. According to the official statement, published on the microblogging platform Weibo, Alibaba’s recently launched platform ‘P2P Nodes’ has been mistakenly reported as cryptocurrency-related. ...

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Bitcoin Backing Firms Feel Crypto Crash Pinch | News

With Bitcoin shedding 50 percent of its value in little under a month, those firms who vocally rode the wave on the up are now feeling the terrify drop in terms of loss of their own market value. Companies such as Overstock, which has some of its fortunes locked up in the digital currency, as well as Square Payments, which ...

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Is CryptoRuble Back? Launch Set For Mid-2019, Says Rus… | News

The Russian Association of Cryptocurrency and Blockchain (RACIB) has announced that the government’s long-discussed idea for a state-issued cryptocurrency, referred to as the CryptoRuble, will be launched in the middle of 2019. The Russian government has been going back and forth on launching the CryptoRuble (known earlier as the Bitruble) since 2015. As recently as late December, 2017 during a ...

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Gaming Blockchain Platform Helps Investors Find Best P… | News

The gaming industry is experiencing a significant boom as emerging innovations are causing people to spend more time on gaming platforms especially with multiple gamers systems. These developments and attractions are playing important roles in placing the gaming industry as one of the most advanced markets, with revenue exceeding $116 bln in 2017. The bigger stage is opening for the ...

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St. Louis Fed Sees Future in Crypto As Important Asset… | News

The Federal Reserve Bank of St. Louis has published a paper entitled “A Short Introduction to the World of Cryptocurrencies” with an overall favorable assessment of digital currency and Blockchain applications for the future. The paper, written by Aleksander Berentsen and Fabian Schär, begins with a humorous comparison of the Bitcoin (BTC) system to the island of Yap. The small ...

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First Bitcoin Futures Contract Expires At $10,900, ‘Wi… | News

The Chicago Board Options Exchange (CBOE)’s first Bitcoin futures contract closed Wednesday, Jan. 16, at $10,900 after a relatively turbulent week in the crypto market had briefly brought Bitcoin’s (BTC) price below $10,000. By Jan. 9, there were 1,907 short position contracts for Bitcoin futures on CBOE. When the futures closed on Jan. 16, BTC had gone down about 36 ...

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Green Light for Crypto: Market Gets Back on Its Feet | News

For the umpteenth time, Bitcoin was declared dead this week as the cryptocurrency market took a major dive in value. Bitcoin dipped below $10,000 as others followed suit with even bigger drops as the panic spread about a burst bubble. However, the negative charts across the board took a positive turn as most of the numbers turned green across the ...

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South Korea: Gov’t Officials Accused of Crypto Insider… | News

The past week of confusion and friction over cryptocurrency regulation in South Korea continues to unfold as accusations surface of government officials practicing insider trading, local news source Chosun reports. According to the local reports on Thursday, Jan. 18, some government officials from the Financial Supervisory Service (FSS), who were aware of forthcoming announcements about either a full ban or ...

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