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Bitcoin Cash

Cryptocurrency-Friendly Regulations in Belarus Could Attract Foreign Capital and ICOs

At the end of 2017, Belarus President Alexander Lukashenko signed a “Digital Economy Development Ordinance,” aimed at developing the country’s IT sector and attracting blockchain technology companies, capital and talent from all over the world. “Belarus becomes the first state in the world which opens up broad opportunities for the use of the blockchain technology,” said Lukashenko. “We have all opportunities ...

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Hyperledger Releases Sawtooth 1.0

Hyperledger is a collaborative cross-industry effort to advance blockchain technology that is hosted by The Linux Foundation. Today, January 30, 2018, sees the release of Sawtooth 1.0, the second active Hyperledger project to reach 1.0, following Hyperledger Fabric 1.0 in July 2017. Sawtooth is a modular platform for building, deploying and running distributed ledgers using a new consensus algorithm, Proof ...

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Possible Bear Pennant Suggests End to Market Consolidation

Looking back at bitcoin’s parabolic curve, we can see notable lines of support and resistance throughout its market cycle. Two highly reliable sources of support and resistance are the set of 50/200 EMAs and the Fibonacci Retracement set from the beginning of the bull market to the top of our current all-time high: Figure 1: BTC-USD, 1-Day Candles, Macro Trend ...

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Hong Kong–Based Investment Firm Acquires Pioneering Bitcoin Exchange BTCC

BTCC is exiting the Chinese market to focus on making digital currencies accessible to everyone globally. This acquisition by a Hong Kong–based blockchain investment fund is a milestone for BTCC and will allow BTCC to focus on global digital currency adoption. BTCC, located in China and founded in 2011, was the world’s oldest bitcoin exchange until it closed in September ...

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World Economic Forum Bitcoin Discussions “Validate the Movement”

The World Economic Forum (WEF) has long been a lightning rod of global discussion on economic, social and political trends. This year’s gathering in Davos, Switzerland, was no exception. Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics ...

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Following Massive Cryptocurrency Hack, Coincheck Pledges to Improve Operations, Refund Losses

Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has announced that it will comply with an order from Japan’s Financial Services Agency to improve its business operations. On Friday, January 26, 2018, Coincheck was hacked, resulting in the loss over over $530 million USD worth of NEM (XEM) tokens. A full transcript of ...

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Energy Company Hydro-Quebec Looks to Attract Bitcoin Miners

Hydro-Quebéc (HQ) is a public utility that manages the generation, transmission and distribution of electricity in Quebec, Canada, but it finds itself in a position of generating more power than its customers need. In an article from Le Journal de Québec, Éric Martel, president and CEO of HQ, relates how HQ is facing a death spiral for electricity consumption. Power ...

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Indian Government Turns Fiat Currency War on to Cryptocurrencies

The cryptocurrency marketplace in India is facing a siege from multiple parts of the government as several incidents amount to a buildup of the Narendra Modi–led government’s actions on regulating cryptocurrencies. If the reports out of India are true, the IMF’s “fastest growing country among emerging economies” may have to meet its 7.4 percent GDP growth target in 2018 without ...

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Pilot Project Verifies Academic Credentials on the Bitcoin Blockchain

The UCL Centre for Blockchain Technologies at University College London (UCL CBT) is launching a new pilot project for blockchain-based verification of academic credentials. MSc Financial Risk Management graduates are now able to display a verified qualification on their CV through a QR code based on the Bitcoin blockchain, which instantly provides tamper-proof, verifiable information. “The pilot will show that blockchain ...

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The Weiss Cryptocurrency Ratings Are Laughably Bad

In the current cryptocurrency hysteria, everyone is a level 70 blockchain wizard launching a new hedge fund. Weiss Ratings released their cryptocurrency ratings yesterday. In response, they received a lot of criticism on social media. And rightly so. I’ll get to the specific issues with the Weiss Cryptocurrency Ratings, but first I need to point out that the low quality ...

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