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Blockchain Applications for All Walks of Life | News

Given the meteoric rise in popularity of cryptocurrencies in 2017, some mainstream financial institutions are clamoring to board the steadily moving crypto train. The successful launch of Bitcoin futures contracts on CBOE and CME markets has proven that there is a healthy appetite for Wall Street investors to hedge their bets on the daily trade movements of cryptocurrencies. While the two Chicago-based ...

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Microsoft Removes Bitcoin as Payment Option for Micros… | News

In a blow for Bitcoin enthusiasts, Microsoft Corporation has removed the ‘Bitcoin’ payment option from its active payment instruments. The company was an early adopter, and former CEO Bill Gates had expressed his support for the cryptocurrency. Microsoft’s decision has been confirmed through publicly posted chats with customer service representatives. The main cause of the cessation appears to be volatility and risk associated with ...

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Several Bitcoin-related ETF Proposals Withdrawn at SEC… | News

Today, January 9, ProShares, Raffety Assets Management and VanEck all withdrew their Bitcoin-related ETF proposals from SEC consideration, at the regulator’s request. Rafferty Assets Management commented that the SEC “expressed concerns regarding the liquidity and valuation” of the underlying asset.”   None of the withdrawn proposals were actually Bitcoin ETFs, per se. An actual Bitcoin ETF is widely seen as ...

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How to Trade Bitcoin in 2018 | News

The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk; you should conduct your own research when making a decision. A stellar year for Bitcoin, 2017, opened its trading at $966.6 levels back in January 2017. From there, the cryptocurrency embarked on a ...

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Bitcoin Struggles: Bears Back in Town? | News

After breaking through the $20,000 mark on Dec. 17, Bitcoin suffered a rather large correction to $12,000 before rebounding and settling between $13,000 and $15,000. However, the digital currency has suffered a few setbacks since that monster rally, leaving some to wonder if the bull run might be over. Bear signs? The 2013 bull run was ended by the dramatic ...

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Kodak Sees Stock Price Soar Following Unveiling of Kod… | News

Kodak, a company that seemed dead and gone with the advent of digital photography, just saw a surge today as it announced the creation of its own cryptocurrency. The so-called KodakCoin will be the token that powers the company’s new KodakOne platform. KodakOne will allow photographers to register their images, license them and search the web for unauthorized usage. CEO ...

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CoinMarketCap Removes South Korea Exchanges, Ripple Ma… | News

Highly popular cryptocurrency price tracker CoinMarketCap removed several South Korean exchanges from its listings on Jan. 8, causing a dip in the overall market that particularly affected altcoin Ripple (XRP). The exchanges remove include Bithumb, the world’s second largest exchange in terms of trading volume, along with Coinone and Korbit. CoinMarketCap, which uses data from multiple major global exchanges to ...

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Exclusive: MyEtherWallet Сlaims Hacking Rumors Are ‘St… | News

Cryptocurrency wallet MyEtherWallet (MEW) has told Cointelegraph that rumors about it being hacked are “FUD” and “a stupid lie.” In a private message today, Jan. 9, the wallet provider categorically denied accusations circling on social media that hackers had gained access to their DNS, creating a phishing scam to gather login data. The rumors that MEW had been hacked appeared ...

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Ethereum Advisor Predicts Greater Adoption | News

It may not have had the most growth in 2017, but Ethereum has regained its place behind Bitcoin as the second-biggest cryptocurrency by market capitalization. Not to be outdone by Bitcoin’s 1,000 percent rise in value in 2017, Ethereum also moved from $10 per Ether to $1,000 in the space of 12 months. The two cryptocurrencies enjoyed similar success, but ...

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