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IMF Explores the Synergies Between Privately Backed Stablecoins and CBDCs

IMF Chief Urges Financial Institutions To Keep Updated With Cryptocurrencies

April 21, 2018 by contributor at Altcoins, Bitcoin, Commentary, News

According to a blog post by the IMF chief, authorities around the world have been muddled about the standing of “real threats” and “needless fears” in the crypto-world. In a bid to rule this out, the International Monetary Fund is looking to be an enabler in changing this mindset. IMF’s...

China Police Crush $13 Million Crypto Ponzi Scheme

April 20, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Commentary, Finance, News

Though global security forces are doing their best in the battle against all forms of unlawful activities, ‘cryptocriminals' are unrelenting in their efforts to make unsuspecting and somewhat gullible virtual currency enthusiasts shed tears. Now, the Chinese police force has crushed a $13 million cryptocurrency pyramid scheme. Game Over Security...

South Korean Crypto Exchanges Earned $648 Million in 2017 that is Taxable

South Korean Cryptocurrency Exchanges on the Verge of Self Regulation

April 20, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Regulation

After months of heightened FUD in the entire crypto ecosystem, the market is gradually picking up speed as a vast array of nations has started creating proper regulatory frameworks for the blockchain-based digital assets industry. The Korean Blockchain Association, a reputable body in the South Korean cryptocurrency space, has proposed...

"HODL!" Says Foundation for Economic Education Director

Unchained Capital Explores Bitcoin HODL Trends

April 20, 2018 by Cindy Huynh at Bitcoin, Blockchain, Commentary, Finance, News

Unchained Capital published a scientific study on Bitcoin HODL strategies and the ways HODLing affects the market. The study was posted on Medium on April 18, 2018, by Dhruv Bansal, co-founder, and CEO of the cryptocurrency lending startup. Unlike traditional fiat-currencies and shares, public blockchain-based cryptocurrencies like bitcoin, log every...

Crypto Hedge Funds Are Becoming Immune To Market Swings

April 20, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, Finance, News

Some cryptocurrency hedge funds appear to be unaffected by the decline in the price of bitcoin since the start of 2018. In fact, a couple of these firms have even posted profits thereby reinforcing the idea that crypto hedge funds can thrive in both bull and bear markets. 2018 has...

What is a Mining Pool and Are They Profitable in 2018? (Analyzing Their Risks)

Bitcoin’s Price Needs to Remain Above $8600 for Mining to be Profitable, Says Morgan Stanley

April 20, 2018 by contributor at Bitcoin, Business, Mining, News

According to a report by Morgan Stanley, bitcoin’s price needs to break and sustain above the $8,600 level to ensure bitcoin mining remains a profitable venture. Even with a low electricity cost of $0.03 kW/h, analysts from the US-based investment firm believe that only a price above $8,600 would keep...

Bitcoin Misery Index Tells You When to Buy Bitcoin

Barclays Pondering Potential Foray into Crypto Trading

April 20, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Business, Finance, News

The U.K.’s second-largest bank, Barclays, is considering a potential foray into the cryptocurrency market. The move comes after the bank released a report that compared cryptocurrency to an infectious disease. The bank has been working behind the scenes for some months, sounding out investor sentiments to the proposed plan as...

“Dear RBI, Allow Us To Launch An Exchange,” Appeals Indian Crypto Startup

April 20, 2018 by contributor at Altcoins, Bitcoin, Business, News

The Reserve Bank of India’s decision which forbids banks from offering crypto services has received criticism. A complaint has been filed against the RBI regarding this decision by an Indian start-up that aims at launching a crypto exchange. Ban Against ‘Constitutional Rights’ A ‘writ petition’ has been filed by Kali...

$4.3 Million ICO Exit-Scams, Then Comes Back Online in a Bizarre PR Stunt

April 20, 2018 by contributor at Altcoins, Commentary, Finance, News

Savedroid, an ICO focusing on cryptocurrency investing, possibly pulled off the best PR stunt in the history of cryptocurrencies. On April 18, the Savedroid updated its website with a satirical meme and confirmed its disappearance on Twitter. “Over and Out’” were the last words by the founder of Savedroid, Dr....

Bitcoin Trading Platform LocalBitcoins is Now Complying with AML/KYC

April 20, 2018 by Cindy Huynh at Bitcoin, News

LocalBitcoins, a popular peer-to-peer bitcoin trading platform, is now complying with AML (Anti-money Laundering) and KYC (Know Your Customer) procedures, according to a post from April 17. The new AML and KYC developments were brought to the public’s attention when a new thread emerged on Reddit. The original Reddit post...

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