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Bitcoin: A Year in Review

There’s no denying that 2017 was a great year for Bitcoin. It started the year going for under $1,000. It started making some waves in the summer when it hovered in the $4,000 range. Then, in the early part of December, it almost hit $20,000, a phenomenal record that blew practically everyone away. Bitcoin made a lot of strides in ...

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Chrome Extension “Archive Poster” Will Mine Cryptocurrencies on Your Computer Without Your Consent or Knowledge

The latest dangers of the crypto world have been making themselves known in what has come to be known as the phenomenon “cryptojacking”. What is cryptojacking, you ask? Well, it’s a way for a third-party to secretly use your computer’s resources, such as your CPU, to mine cryptocurrency without needing your consent or even knowledge to do so. Most of ...

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EtherDelta Hacked, Losses Reported Not As Bad As They Could Have Been

The Ethereum-enabled cryptocurrency exchange EtherDelta was hacked on Wednesday, falling into a phishing scheme. The hacker made away with approximately 305 Ether, which at the time would have been valued at around $250,000. Currently, Ethereum is trading at $796.30 (making the value of the stolen Ether closer to $242,871 at this time). There’s no doubt that this is bad news ...

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South Korea and Japan Sign Agreement to Help Fight for Wider Use of Blockchain Technology

South Korea and Japan have joined forces to advocate for wider use of blockchain, the technology that is behind Bitcoin, which might actually end up being more popular than the currency itself one day. Two blockchain advocacy groups from South Korea and Japan are going to start working together to fight for blockchain technology, and the translated announcement stated that ...

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Rough Day For Cryptocurrency, Top 14 Suffer Major Losses

The value of Bitcoin, the world’s largest cryptocurrency, has fallen over -15 percent today, down nearly 30 percent from its record high of almost $20,000 reached earlier in the week. Source: CoinMarketCap Bitcoin’s large CME (NASDAQ:CME) futures launched this last Sunday, catapulting its price to nearly $20,000 before dropping to a sharp low of $12,504 this morning. The sudden price ...

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Bitcoin Drops, But Investors Are Encouraged to Hold

Bitcoin, along with many of the other cryptocurrencies, has witnessed a dramatic price drop Friday, with Bitcoin losing almost 50% at its lowest compared to the $20,000 high it had achieved at the beginning of the week. Currently, the coin’s price has readjusted to $14,860 since falling, so already it looks to be in a recovery phase – and this ...

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Will 2018 Be the Year for Ethereum?

Bitcoin was the big mover in 2017, reaching almost $20,000 in mid-December before experiencing its current drop that is making some investors nervous (currently, Bitcoin is trading at $15,214, so it looks to be in somewhat of a recovery stage causing those who are nervous to let out a trepid sigh of hope). Ethereum, worth far less than Bitcoin at ...

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This Long-Time Bitcoin Analyst Believes the Digital Currency Will Continue to Have Price Fluctuations Next Year

Taking into consideration the past couple weeks Bitcoin has endured, I’m not entirely surprised to hear that DataTrek Research co-founder Nick Colas forecasted on Wednesday that the digital currency will experience more price fluctuations in 2018 as well as four more market crashes. What’s Been Happening? Looking back on 2017, one cannot deny that the preeminent crypto coin took the market ...

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Secretary of the Commonwealth of Massachusetts Says Virtual Currency Bitcoin is 100% Speculation

Virtual currency Bitcoin and President Trump have made most of the headlines in 2017, both of which have either sparked outrage or extremely strong support. Forget Trump, What’s Been Going On With Bitcoin? While some people are die-hard Bitcoin fans, others believe it is just a speculative bubble. For a while, it seemed that the digital currency wasn’t going to ...

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