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Gold Sales Spike During Crypto Market Crash, Highlight… | News

Daniel Marburger, Director of Europe-based online gold dealer CoinInvest, claimed the company sold about 30 kilograms of gold, worth over $1 mln, in just one day, Jan. 16, in an interview with Bloomberg Wednesday, Jan. 17. This week has been very volatile for Bitcoin and several industry insiders cited by Bloomberg believe that investors are looking for more stable assets ...

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S. Korea: Major Banks’ Income From Crypto Accounts Up… | News

Recently published data from the South Korean Financial Supervisory Service (FSS) shows that in 2017 several major South Korean banks have earned 2.2 bln won ($2 mln) in commissions from virtual accounts for cryptocurrency investing, a sum 36 times higher than the 61 mln won ($57,340) made the previous year, local news agency Yonhap reports. The data on the banks’ ...

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Obelisk Threaten Soft Fork in Reaction to Bitmain Antm… | News

Chinese mining giants Bitmain caught the mining community off guard on Wednesday with the surprise launch of a new cryptocurrency miner. The infamous Chinese company has had a chequered past among the cryptocurrency community, being embroiled in the scaling debate in 2017 which saw Bitmain lean towards support of Bitcoin Cash. It now sees as though Bitmain are looking to ...

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Bitcoin Cash Trading Pairs Open at Cryptocurrency Exch… | News

KuCoin cryptocurrency exchange announced a launch of new BCH trading pairs. The trading started on Jan. 17, 2018 at 22 p.m. UTC+8, reports the company’s press release. The exchange management decided to open new trading pairs for BCH as a response to their community requests. Six pairs to start with The KuCoin, a multi-cryptocurrency exchange based in Hong Kong, recently ...

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Morgan Stanley Now Clearing Bitcoin Futures for Client… | News

Morgan Stanley is now clearing Bitcoin futures for their clients, meaning that Goldman Sachs is no longer the sole Wall Street firm doing so. Morgan Stanley joins Goldman Sachs, TD Ameritrade, E*Trade and others in clearing CME and Cboe Bitcoin futures. The reaction of the Bitcoin community has been divided over the creation of regulated Bitcoin futures, with some suggesting ...

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Arizona State University Partners With Dash to Fund Re… | News

Arizona State University (ASU) has announced a partnership with the digital currency Dash that will provide $350,000 to “accelerate research, development, and education in ways that advance blockchain transaction speed, efficiency, security, and expand its uses.” The funds will be allocated as follows: The Dash Scholars Program, which provides $100,000 in scholarships for undergraduate and graduate research fellowships; Research lab ...

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Blockchain.info Wallet Opens Bitcoin Buy, Sell Feature… | News

UK-based Blockchain.info, a digital wallet provider, has announced that they have begun offering users in 22 states the ability to buy and sell Bitcoin. According to the announcement, the company plans to continue adding services for US-based clients, including Ether and Bitcoin Cash exchanges in coming days. The move is being seen as a direct assault on Coinbase, which has ...

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Institutional Investors Will Bet Big on Cryptocurrenci… | News

Unlike the stock market, which is seeing its eight-year bull run thanks, in part, to institutional investors, crypto-markets are dominated by individual investors. This is evident by almost every metric. Crypto-exchanges, which are havens for individual investors, are overwhelmed. Popular crypto-exchange, Binance recently revealed that they added 250,000 new users in a single day. Kraken is onboarding 50,000 new accounts ...

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New Debit Card Helps to Unlock Your Digital Currency | News

The common question you hear from any doubter of digital currencies and their future in our world is “what is the use case?” Often, people look at Bitcoin and see its shortcomings as a medium of transfer, and use that as their justification for being short digital currencies. Spending Bitcoin or any other digital currency is not currently all that ...

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What Blockchain Has to Do With Indian Ban on PwC | News

On Jan.10 the Securities and Exchange Board of India (SEBI) barred PricewaterhouseCoopers (PwC), one of the “Big Four” accounting firms, from auditing India listed firms for two years for failing to spot $1.7 bln accounting fraud at IT services company Satyam Computer Services. The Satyam accounting fraud scandal followed by its downfall broke on Jan. 7, 2009 when Satyam’s then ...

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