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BITCOIN PRICE: 6,402.00     HIGH: 6,756.00     LOW: 6,143.08

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Loyalty Live: Blockchain & Loyalty Rewards Conference • October 16-18, 2018

Loyalty Live is the first conference in the world focused on bridging the gap between loyalty rewards and blockchain technology.…

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Tag: bitcoin

Unocoin May Soon Launch India’s First Crypto ATM

Category: Altcoins, Business, Finance, News, Platform, Tech

Unocoin May Soon Launch India’s First Crypto ATM

Indian crypto exchange Unocoin acknowledged that it is launching country’s first crypto ATM, touted to support at least five cryptocurrencies, as reported by Inc42 on October 12, 2018. The news comes in a tensed moment as the country’s highest judicial forum, the Supreme Court of India, is to declare the verdict on the crypto banking blockade that crippled the local…

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Blockchain and IoT Technology are Catalysts of Semiconductor Growth

Category: Bitcoin, Blockchain, Ethereum, Mining, News, Platform, Tech

Blockchain and IoT Technology are Catalysts of Semiconductor Growth

A press release published October 11, 2018, shows that sales of semiconductors and other crucial circuitry needed for all electronics continues to increase after demand from the IoT and blockchain technology sectors.  The release states that sales reached $40.16 billion in August 2018, a 15 percent increase from 2017. Sales also reported growing 1.7 percent since July 2018, showing steady…

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Crypto Exchange Bithumb Sells Stake for $354 Million to Plastic Surgeon-Led Investment Group

Category: Altcoins, Bitcoin, Ethereum, Exchange, News, Platform, Tech

Crypto Exchange Bithumb Sells Stake for $354 Million to Plastic Surgeon-Led Investment Group

Korean cryptocurrency exchange Bithumb, the largest in the country by daily trading volume, has sold a 38 percent stake in its business for $354 million to a Singaporean investment group, reported Reuters on October 12, 2018.  Bithumb Sells Stake to Plastic Surgeon BK Global Consortium purchased 50 percent plus one share in Bithumb’s largest shareholder BTC Holdings for 400 billion…

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Bitcoin Developer’s Exchange Could Be the First Within the GCC Region

Category: Adoption, Altcoins, Bitcoin, Business, Exchange, Finance, Investment, News, Regulation

Bitcoin Developer’s Exchange Could Be the First Within the GCC Region

Talks of Bahraini cryptocurrency exchange Rain expanding into the GCC emerged on October 10, 2018, which would make Bitcoin developer Jimmy Song’s exchange the first in the region. The GCC, also known as the Gulf Cooperation Council, is a region within the middle east that includes all Arab States of the Persian Gulf except Iraq. Qatar, Saudi Arabia, and the…

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FSB Releases Bullish Report on Cryptocurrencies

Category: Altcoins, Bitcoin, News, Platform, Tech

FSB Releases Bullish Report on Cryptocurrencies

The Financial Stability Board (FSB), the international body that monitors the global financial system, published a report on October 10, 2018, titled “Crypto-asset markets: Potential channels for future financial stability implications.” The report chiefly touched upon the initial assessment put forward in March by Mark Carney, FSB Chairman and Governor of Bank of England. The letter from Carney was addressed…

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Report: Bitcoin Whales not Responsible for Destabilizing Cryptocurrency Markets

Category: Altcoins, Bitcoin, Business, Investment, News, Platform, Tech

Report: Bitcoin Whales not Responsible for Destabilizing Cryptocurrency Markets

Contrary to the popular belief which posits that “crypto whales” are the prime culprits for digital currency market volatility – a new study published on October 10, 2018, by blockchain research firm Chainalysis suggests that cryptocurrency’s largest holders are a diverse set of individuals that help in stabilizing the nascent market. Bitcoin Whales not to Blame for Volatility A couple…

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Bitcoin, Ether, XRP Weekly Market Update: October 11, 2018

Category: Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Exchange, Finance, News

Bitcoin, Ether, XRP Weekly Market Update: October 11, 2018

Bitcoin managed to hold its ground and defend the $6,500 level on October 4, 2018, closing the day with a $90 gain. BTC then moved above $6,600 on October 5 and stopped at $6,640 – its second green day in a row. BTC-USD In a series of documents, published on October 4, the United States Security and Exchange Commission (SEC)…

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Blockstream Launches the Liquid Network, Bitcoin’s First Sidechain

Category: Bitcoin, Blockchain, News, Platform, Tech, wallet

Blockstream Launches the Liquid Network, Bitcoin’s First Sidechain

Blockstream has announced the launch of the Liquid Network, the world’s first production Bitcoin sidechain. The bitcoin startup revealed that the network went live on September 27, 2018. The announcement was made by Blockstream’s Chief Strategy Officer Samson Mow. Years in the Making The Liquid Network is the culmination of some years work. Blockstream first released a whitepaper called “Enabling…

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E.U. Securities Watchdog Studying ICOs “Case-by-case” to Take a Call on Regulation

Category: News

E.U. Securities Watchdog Studying ICOs “Case-by-case” to Take a Call on Regulation

The European Union’s securities watchdog has followed suit of its U.S. counterpart SEC, as the European Securities and Markets Authority (ESMA) said on October 8, 2018, that it is observing every initial coin offering (ICO) to decide whether it should be regulated or not, according to a report published by Reuters. Analysing ICOs and their Implications An initial coin offering…

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New Paper Suggests China Could “Destroy” Bitcoin

Category: Bitcoin, Finance, News, Platform, Tech

New Paper Suggests China Could “Destroy” Bitcoin

East Asian influence has always played a significant role within cryptocurrency, but a new paper published October 8th, 2018, suggests China could not only singlehandedly cripple Bitcoin, but is already influencing the billion-dollar network. The paper titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin” talks about how China threatens the security, stability, and viability of Bitcoin…

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