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Ethereum Price Hits $420, Opening the Door to $650

by Jamie Holmes at Ethereum, News, Price Analysis

Ethereum’s ether has surpassed the previous all-time high at $404.99 to reach $420 on November 23, opening the door to $651.62. The bullish trend follows on from Devcon three and the release of the code for Casper. The daily chart below for the Kraken exchange displays the bullish run ether experienced during 2017. The Fibonacci tool is outlined for the…

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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tether’s $31 Million Theft Ignites Criticism on Centralized Blockchains

Category: Altcoins, Blockchain, News

Tether’s $31 Million Theft Ignites Criticism on Centralized Blockchains

The treasury wallet of Tether (USDT), the cryptocurrency that is pegged to the value of the US dollar through an inflationary monetary policy, was hacked earlier this week. Nearly $31 million worth of the cryptocurrency was stolen, and consequently, the Tether development team suspended the account possessing the stolen funds to disable it from being sent across the network. In…

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CFD Brokers In Hot Water Following Trading Suspensions

Category: Bitcoin, Finance, News

CFD Brokers In Hot Water Following Trading Suspensions

Age-old wisdom rang true for investors watching powerlessly as bitcoin cash values plummeted on November 11. Clients of Trading 212 were also content to see bitcoin cash reach a high of $2,500 earlier in the month. After celebrating substantial profits, recent news shows that the company may have counted their chickens before they had hatched. Trading Suspension The unfortunate investors of the…

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Forks may Work Out to be an Increment to Ongoing Bitcoin Development

Category: Bitcoin, Commentary, News

Forks may Work Out to be an Increment to Ongoing Bitcoin Development

The controversial Bitcoin scaling debate has given rise to new versions of bitcoin which were the outcome of blockchain splits. These splits mainly occurred because there was a lot of divergence between core developers. Although this is an old debate, these splits only happened in these recent months. Lately, we’ve seen various Bitcoin forks emerge, with Bitcoin Cash and Bitcoin…

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FintruX Network: Making Unsecured Loans Highly Secure

Category: ICO News

FintruX Network: Making Unsecured Loans Highly Secure

The FintruX Network has been established to transform unsecured loans to highly secured loan without any hurdles to borrowers and investors. The platform has unique blockchain approach of global P2P lending highways which proposed to raise $30 million by selling digital tokens. Since unsecured loans are those that are not secured by any asset, traditionally lenders incur more risk which…

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China-Based Bitcoin Miners Consider New Territories Due To Crackdown Fears

Category: Mining, News, Regulation

China-Based Bitcoin Miners Consider New Territories Due To Crackdown Fears

China’s Bitcoin mining industry is teetering on the edge of the abyss as miners fear the government’s crackdown will strike them next. Despite China not having expressed such intentions explicitly, the atmosphere in the industry remains tense. With many believing that it is simply a matter of time before their operations are forcefully halted, they are exploring their options abroad….

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Square’s Experiment with Bitcoin Could Net them $30 Million

Category: Bitcoin, Business, Finance, News

Square’s Experiment with Bitcoin Could Net them $30 Million

Square, one of the biggest Point of Sale companies, announced November 15 that it was testing its support for bitcoin through its cash payments app. According to one Credit Suisse analyst, the move to adopt the cryptocurrency could net the firm $30 million over the next couple of years. Soon after the announcement, on November 20, the company’s shares rose…

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World’s Largest Cryptocurrency Exchange, Bithumb, Sued by 3,000 Clients

Category: Bitcoin, Finance, News

World’s Largest Cryptocurrency Exchange, Bithumb, Sued by 3,000 Clients

South Korea’s Bithumb, the world’s largest cryptocurrency exchange by trading volume, is currently dealing with a lawsuit filed by over 3,000 Bithumb clients, who experienced massive losses during a server outage which disabled Bitcoin Cash trading for several hours. Investors Left Empty-Handed During that period, the price of bitcoin cash plunged from $2,900 to $1,100, and the majority of bitcoin…

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Bitstamp Announces Support for Bitcoin Cash by December

Category: Altcoins, Finance, News, Price Analysis

Bitstamp Announces Support for Bitcoin Cash by December

Bitstamp, a UK-based cryptocurrency exchange, will soon be adding support for bitcoin cash (BCH) trading according to an announcement on November 21. The exchange currently has support for most popular digital currencies, including bitcoin, ether, and litecoin. Bitcoin Cash is a relatively new currency that was launched in August 2017 that is often viewed as a direct competitor to Bitcoin,…

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Universa Customizable Blockchain Solution Oversubscribed by Five Times

Category: ICO News

Universa Customizable Blockchain Solution Oversubscribed by Five Times

UTN tokens by Universa project have sparked enormous interest where they were offered as a part of inter-project token swap (IpTS). The number of applications for tokens more than five times exceeded the supply, with the swap lasting for just four days (from November 6 till November 9). The holders of ICOS tokens had an opportunity to get Universa digital…

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Press releases:

Cryptocurrency BitBay Announces Website Re-Launch; Fork to Increase Stake Rewards from 0.1 to 1 Percent

Crypto Affiliate Conference 2017 Showcased Crypto Products

MDK: The Largest European Community on the Vkontakte Social Network Launching ICO

Trading, Mining, Multi-cryptocurrency Wallet, P2P Exchange: A Single Platform for Cryptocurrency is Launched

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