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BITCOIN PRICE: 11,577.28     HIGH: 11,823.56     LOW: 9,222.00

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Blockchain Cruise Asia • January 15-19, 2018

CoinsBank took its maiden voyage when it held the first ever CoinsBank Blockchain Cruise aboard the Anthem of the Seas,…

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Tag: geopolitics

Russia Set to Utilize Cryptocurrency to Avoid US Sanctions

Category: Bitcoin, Finance, News, Regulation

Russia Set to Utilize Cryptocurrency to Avoid US Sanctions

There has been a lot of speculation taking place as to how Russia is planning to create a significant boost to their oil market and subsequently overcome some strict guidelines set out by the United States. One suggestion implies the utilization of the growing power and influence of cryptocurrencies. Overcoming Sanctions The widespread adoption of crypto is now making officials…

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Bitcoin Sets Sights on $13,500 as the Cryptocurrency Reaches News Highs

Category: Bitcoin, News, Price Analysis

Bitcoin Sets Sights on $13,500 as the Cryptocurrency Reaches News Highs

As stocks plunge globally on geopolitical concerns, Bitcoin has reached a fresh all-time high, nearing the $13,000 level. As we approach the end of 2017, profit taking will be a major theme in traditional markets, while geopolitical events are heating up, providing an opportunity for bitcoin to galvanize its advance. On November 6, BTC-USD reached a fresh all-time at $12,815.18….

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A Venezuelan Leap Into Cryptocurrency?

Category: Finance, News, Tech

A Venezuelan Leap Into Cryptocurrency?

Venezuela is a nation in crisis. The economy has been hit by a decline in oil reserves and the value of the bolivar; its prevailing currency has plummeted. Named after Simón Bolívar, the 19th-century hero known across South America for leading the independence movement from Spain, the bolivar in recent years has been rendered practically worthless. Now amid a cash…

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Bitcoin Price Surges In Zimbabwe After Military Coup

Category: Bitcoin, Commentary, News

Bitcoin Price Surges In Zimbabwe After Military Coup

During this ongoing event, the price of bitcoin in Zimbabwe has surged to almost double the global average. Zimbabwe has not made use of their federal dollar since 2009 due to hyperinflation reducing the once-powerful currency to a near zero value. In 2015, one hundred trillion Zimbabwe dollars was worth $40. Military Coup  Zimbabwe has been in an active coup since…

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North Korean Spearphishing Sets Sights on South Korean Cryptocurrency Targets

Category: Bitcoin, News

North Korean Spearphishing Sets Sights on South Korean Cryptocurrency Targets

As bitcoin and other digital currencies emerge as a new and valuable asset class, North Korean cyber criminals are also realizing a new means of state funding. Unhinging a Global Financial System Kim Jong-Un has been featured in the news as exclusively an intemperate world leader with nuclear capabilities. His confrontations with President Trump have sparked global concerns as to…

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Korean Buyers Take Ethereum Beyond $300 Amidst Geopolitical Tremors

Category: Ethereum, News, Price Analysis

Korean Buyers Take Ethereum Beyond $300 Amidst Geopolitical Tremors

Since August 9, tensions between North Korea and the US have intensified, with South Korean traders piling money into the cryptocurrency of the second largest blockchain network, Ethereum. ETH-USD breached the $300 handle and now finds support at this psychological level; we provide an outlook for the cryptocurrency going forward. While markets across the world have shown increased volatility in…

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Autonomy or Just Another Slavery?: Ukraine and Bitfury Start Full-scale Blockchain eGovernance Program

Category: Blockchain, Business, Commentary, News, Tech

Autonomy or Just Another Slavery?: Ukraine and Bitfury Start Full-scale Blockchain eGovernance Program

The Ukraine and Bitfury test new frontiers! The State Agency for eGovernance signed a memorandum with Bitfury, which could be the beginning of the biggest and most ambitious blockchain project a government has started. On April 13 Oleksandr Ryzhenko, head of the Ukrainian State Agency for eGovernance, and Valery Vavilov, CEO of Bitfury, signed a memorandum which could be a…

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Bitcoin Price Prediction from Notable Investor: $500,000 by 2030

Category: Bitcoin, Commentary, News

Bitcoin Price Prediction from Notable Investor: $500,000 by 2030

“How high will Bitcoin go?” is a question that’s been speculated since the inception of the cryptocurrency. Here’s another speculation from Jeremy Liew, the first investor in Snapchat, as well as Peter Smith, the CEO and founder of Blockchain, who claim $500,000 by 2030 is a reasonable estimation. While they believe this increase will come thanks to multiple reasons, they…

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Bitcoin’s ‘Trump Bounce’ Short-lived Despite Media Hype

Category: Bitcoin, Commentary, News

Bitcoin’s ‘Trump Bounce’ Short-lived Despite Media Hype

When Donald Trump successfully became the 45th president of the United States of America, most of the media was in shock. But not shocked enough to stop trumping up the idea that Bitcoin’s price rises as a safe haven asset in response, while the world slips off into panic and chaos. Most media outlets in Europe were outraged about the…

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