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Tag Archives: Ether

Bitcoin Drops to Within 2018 Low Close to $6,000

Bitcoin fell to within touching distance of the $6,000 mark on Friday, a figure not seen since February, following improvement orders from Japan’s Financial Services Agency (FSA) to six of the country’s crypto exchanges. Bitcoin Continues to Fall The number one digital currency is seeing its value being chipped away as the integrity of the market continues to be undermined. ...

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Ethereum’s Swarm Moves Closer to Achieving a Decentralized Internet

The Swarm team has announced the immediate release of Swarm client v0.3. Swarm is a distributed storage platform and content distribution service which can facilitate decentralized hosting of websites leading to censorship-resistant content. Code Merged into Master Branch The main aim of Swarm is to provide a decentralized store of Ethereum’s public record. This will store Dapp code and blockchain ...

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Fundstrat Analyst Believes Rebound Off $6000 Is An “Oversold Bounce”

The cryptocurrency market is in a weird place, with Bitcoin finding stability at approximately $6,600 over the past few days. However, many crypto analysts and personalities, like Tom Lee, managing partner at Fundstrat Global Advisors, believe that this could change on a dime. ‘Dead Cat Bounce’ Or Something More? Earlier this month, Bitcoin revisited the $6,000 price level seen in ...

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Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins

Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. Crypto Trading Portfolio Alfa Bank is the largest private bank in Russia, while Sberbank is state-owned and is responsible for processing government employee pay checks. According to reports ...

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Vietnam Internet Crackdown Damages Plans to Become Blockchain Hub

Vietnam legislators approved a cybersecurity bill on June 12 putting tighter rules on tech companies from the start of 2019. Vietnam has been recognised as a potential hub for blockchain activity but doubts still remain over regulatory uncertainty. New Cybersecurity Bill Approved The new bill requires tech companies to hold important personal data locally which means they will need to ...

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Why Central Banks Are Really Fearful of Bitcoin

Central banks have no love lost for Bitcoin and cryptocurrencies. Even though some positive things are happening, the overall sentiment remains predictably rather negative. The validity of cryptocurrencies and their decentralized technologies are still in question, especially by banks. It isn’t the first time central banks feel the need for Bitcoin to have a central body giving the currency any ...

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Ethereum (ETH) Technical Analysis (June 19, 2018)

With a $50 billion market cap, Ethereum is the second largest cryptocurrency in the world. As it stands, development and adoption fundamentals are on point. That’s what advises our long term projection of the coin. In the short to medium term though, it’s likely that ETH would add on to its seven percent week over week losses. Let’s look at ...

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EOS Mainnet Takes A 5 Hour Breather Due To A Small Bug

The EOS mainnet had to take a quick breather yesterday, with an unexpected bug causing its blockchain to come to a full stop. Quick And Effective Response EOS New York stated that the blockchain paused at 9:56 UTC, which immediately triggered a knee-jerk response from all active EOS Block Producers. The block producers along with ‘standby nodes’ quickly jumped into ...

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Bronx Biker Gang Members Charged in $2 Million Ether Kidnapping

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Last year in November, 35 year old Louis Meza kidnapped his friend with the help of three gang members to steal the victim’s crypto holdings. In December 2017, Meza was charged with kidnapping and robbing the victim by Manhattan prosecutors. At that time, video footage of the incident was used ...

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