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BITCOIN PRICE: 6,536.91     HIGH: 6,570.00     LOW: 6,333.63

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Tag: altcoin news

Why Don’t Bitmex’s Arthur Hayes’ and Ethereum Get along?

Category: Altcoins, Commentary, Ethereum, Exchange, Finance, Investment

Why Don’t Bitmex’s Arthur Hayes’ and Ethereum Get along?

BitMEX founder Arthur Hayes has recently been in the news as a high profile antagonist of ether, going as far as describing it as a “two-digit shitcoin.” Some have accused him of using his platform to encourage users to short the number two cryptocurrency. So, what exactly is Hayes’ problem with ether and what is likely to happen going forward?…

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Bitfinex Introduces EOS-Based Crypto Exchange “EOSfinex”

Category: Altcoins, Bitcoin, Business, Exchange, Finance, News

Bitfinex Introduces EOS-Based Crypto Exchange “EOSfinex”

Bitfinex, one of Asia’s most prominent cryptocurrency exchanges, in its latest blog post, has announced that it would be launching a beta version of a high-performance decentralized exchange which will be built on the EOS platform. The infant crypto exchange dubbed “EOSfinex” would be launched on September 26, 2018, at Blockchain Live event in London. 3 Essential Pillars of the…

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The Great Crypto Crash of 2018 Is Officially Worse Than the Dot-Com Crash

Category: Altcoins, Bitcoin, Business, Commentary, Finance, Investment, News

The Great Crypto Crash of 2018 Is Officially Worse Than the Dot-Com Crash

The cryptocurrency market value has fallen hard from its all-time highs in January 2018 at $813.8 billion to $186.9 billion in September 2018. The cryptocurrency market has plunged 80 percent and thus surpassed the decline from the dot-com bubble crash in 2000 according to a Bloomberg article released on September 12, 2018. Cryptocurrency Market Hits a 10-Month Low Unfortunately, the…

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Japanese Government Launch Software to Track Fraudulent Cryptocurrency Transactions

Category: Altcoins, Bitcoin, Business, Crime, Exchange, News, Regulation

Japanese Government Launch Software to Track Fraudulent Cryptocurrency Transactions

While the Asian region, notably Japan and South Korea, remain receptive to bitcoin and the altcoins, bad actors have seized the opportunity to operate freely in the area. Now, Japanese authorities are introducing software that could help track fraudulent cryptocurrency transactions and aid criminal investigations, as first reported by NHK on August 30, 2018. Japan Ready to Crush Bitcoin Heists…

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Revolut Launches “Metal” Cards, Provides Cash Backs in Cryptocurrencies

Category: Altcoins, Bitcoin, Business, Finance, News

Revolut Launches “Metal” Cards, Provides Cash Backs in Cryptocurrencies

Revolut has launched a metal-built ATM card that offers cash back to users utilizing cryptocurrencies for payments, reported Hard Fork on August 22, 2018. Revolut’s Cryptocurrency Push Widespread cryptocurrency adoption entails sufficient retail outlets, incentives, and payment systems that complement the myriad of digital currencies in the market. Playing its part in this regard, is London-based Revolut, a banking alternative…

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Bitcoin Finds Footing at Current Levels Amid a Quiet Newsflow Week: Week in Review August 20

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News Digest

Bitcoin Finds Footing at Current Levels Amid a Quiet Newsflow Week: Week in Review August 20

After two consecutive bear market weeks, the price of bitcoin closed the week effectively unchanged around the $6,400 mark. In a volatile seven days, bitcoin (BTC) traded in a range between $6,000 and $6,600 but managed to maintain last week’s price level as the week closed. After a couple of difficult weeks for the pioneer cryptocurrency, this price stabilization gives…

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Trans-Fee Mining Model: FCoin, the Chinese Cryptocurrency Exchange, Is Overturning the Industry

Category: Press Releases

Trans-Fee Mining Model: FCoin, the Chinese Cryptocurrency Exchange, Is Overturning the Industry

FCoin, the cryptocurrency exchange born in China, is changing the whole industry with its groundbreaking model “Trans-Fee Mining” and its revenue distribution. Late this May, FCoin opened its official trading. Its unique “Trans-Fee Mining” model quickly gained notoriety and attracted a massive number of users. In its initial stage, FCoin’s team issued their ERC20 tokens – FTs (10 billion), 51%…

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Bitwise Launches Three New Crypto Index Funds, Renames its HOLD 10 Index

Category: Altcoins, Bitcoin, Finance, News

Bitwise Launches Three New Crypto Index Funds, Renames its HOLD 10 Index

On August 15, 2018, Bitwise, the creator of the world’s first cryptocurrency index fund, has announced the creation of three new cryptoassets index funds to cover the mid-cap cryptos, small-cap coins, and the total market segments of the blockchain-based virtual currency market. The firm has also launched an index advisory board and API access for anyone interested in high-quality crypto…

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Wyre Ties up with MakerDAO to Offer Dai-Based Fiat-Crypto Trading Pairs

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Exchange, Finance, News

Wyre Ties up with MakerDAO to Offer Dai-Based Fiat-Crypto Trading Pairs

Wyre, the blockchain-based payment transfer company from San Francisco, has entered a new agreement with the developer of Dai to add the barely one-year-old stablecoin into its portfolio on August 14, 2018. Dependence on Speculative Cryptocurrencies Per the deal with MakerDAO, the firm that developed Dai, Wyre will roll out new Dai-based fiat-crypto trading pairs in more than 30 countries…

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ICOs Raise over $18 Billion Due to Wealthy Investors’ New Interest

Category: Altcoins, Blockchain, Business, Finance, Investment, News

ICOs Raise over $18 Billion Due to Wealthy Investors’ New Interest

We are barely out of the first half of 2018, and already ICOs have raised almost five times more than they did last year in total. August 8, 2018, reports from CoinSchedule claim that this is due to a new trend in ICOs: Target the rich. ICOs Turn to the Elite (Source: CoinSchedule/Bloomberg) Initially, ICOs were to be for average…

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