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Tag Archives: Control

“Experts” Fear China Losing 90% Control Over Bitcoin Market, Forgetting Gov’t Ban

According to Express, the government of China has confirmed that the country’s control over the global bitcoin exchange market has fallen from 90 percent to 1 percent. The UK publication also noted that “experts in China fear losing control” over the cryptocurrency exchange market. Never Was 90%, Obvious Drop to 1% The absurdity of local experts expecting a different outcome ...

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French Government Official Argues Against Cryptocurrency Regulations, but Still Wants Control

French government official and academic, Jean-Pierre Landau, also know as “Monsieur Bitcoin”, recently released a report that argued that it was “neither desirable nor necessary” to regulate cryptocurrencies. The report, which extends over 100 pages, claims that overzealous regulations would create a “three-pronged danger”. “The danger is three-pronged: that of freezing the rapid evolution of technology in legislation, that of failing ...

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Ethereum Classic Price: Bulls Take Control for the Time Being

As is usually the case when the weekend looms around the corner, cryptocurrency markets tend to do surprising things. This time around, there are some pleasant surprises to take into account. The Ethereum Classic price is an intriguing example of how quickly things can turn around in this industry. Ethereum Classic Price Enjoys a Positive Spell Cryptocurrencies are a very ...

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The Natural Evolution of Control Devices? Your Thoughts

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. The ...

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How and Why Authorities Wrested Control

On March 8, 2016, Japan announced Bitcoin as a legal form of payment; its adoption was flourishing and only positive things could be said about the digital currency as the digitally inclined population embraced cryptocurrencies. Japan was a leader in Bitcoin and cryptocurrency innovation and adoption. From ‘Miss Bitcoin’ to the slew of businesses that the island nation received after ...

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Bitmain’s Mining Pools Now Control Nearly 51% of the Bitcoin Hashrate

Bitcoin mining pools controlled by China-based industry giant Bitmain now account for more than 40 percent of the total Bitcoin hashrate, raising new concerns about miner centralization. Bitmain Hashrate Inches Toward 51 Percent According to data from CoinDance, bitcoin mining pools BTC.com and Antpool have mined 25.5 percent and 16.5 percent, respectively, of all bitcoin blocks over the past seven ...

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Ripple CEO Claims Bitcoin Is Under Control of Small Group of Miners From China

Ripple’s CEO Brad Garlinghouse said that “Bitcoin is really controlled by China,” speaking at the 2018 Stifel Cross Sector Insight Conference in Boston, financial news outlet TheStreet.com reported June 12. In a recent interview with Stifel Tech Analyst Lee Simpson, Garlinghouse delved into a number of topics related to blockchain technology and the crypto world, and claimed that BTC is ...

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Ripple’s Garlinghouse: “Four Miners in China Control Over 50% of Bitcoin”

The CEO of the global settlement platform Ripple has once again addressed the current state of the blockchain and cryptocurrency industry. Brad Garlinghouse spoke at the 2018 Stifel Cross Sector Insight Conference. Garlinghouse: “Blockchain Will Not Disrupt Banks” Garlinghouse was interviewed for the event by one of Stifel’s Tech Analysts, Lee Simpson. The Ripple CEO spoke in front of a ...

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Fighting a Losing Battle for Control over $1.75 – The Merkle

The negative pressure across all cryptocurrencies is not relenting anytime soon. What first appeared to be a very brief dip is slowly turning into a reversal of the gains made last week. The IOTA price is a good example of how dire things are getting. Losing 11.16% in the past 24 hours isn’t encouraging. IOTA Price Pressure Intensifies Even though ...

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