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BITCOIN PRICE: 6,403.65     HIGH: 6,427.16     LOW: 6,372.53

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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: stocks

AITrading Introduces ERC-20 Token for New Wealth Management Platform

Category: ICO News

AITrading Introduces ERC-20 Token for New Wealth Management Platform

AITrading is holding a crowdsale to build a platform based on blockchain technology, artificial intelligence, and machine learning to aid experienced and novice traders alike, as well as banks, brokers, and third-party providers. An ERC-20 token will be offered to investors, AITT, which will fund the ecosystem and act as pre-payment for subscription services. The Problems AITrading is Looking to…

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Blockchain to Usher in the Fourth Industrial Revolution, Says Wall Street Trader

Category: Bitcoin, Blockchain, Business, Finance, News

Blockchain to Usher in the Fourth Industrial Revolution, Says Wall Street Trader

Every couple of decades a new form of technology emerges from niche tech circles to mainstream implementations and is usually coupled with a community that firmly believes in the innovation setting a new benchmark in the world. Not advances survive, but those that do, set the ball rolling for new economic movements as the disruption is accompanied with innovative products,…

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Analysts are Trying to Figure Out a Relationship Between Cryptocurrency Prices and the Stock Market

Category: Bitcoin, Commentary, Finance, News

Analysts are Trying to Figure Out a Relationship Between Cryptocurrency Prices and the Stock Market

There seems to be a correlation between the price of bitcoin, the cryptocurrency with the biggest market capitalization, and the forward price to earnings ratio of stocks listed in the S&P 500. As reported by Bloomberg, the valuation measure peaked on the same day in Dec. 2017 for bitcoin and the P/E ratio. The famous Morgan Stanley analyst, Michael Wilson,…

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Ethereum Powering AMD and Nvidia to New Highs

Category: Business, Ethereum, Mining, News

Ethereum Powering AMD and Nvidia to New Highs

While cryptocurrency investors are asking when the bears will go away, investors in Advanced Micro Devices (AMD) and Nvidia stocks keep smiling from ear to ear because Ethereum is pushing their holdings to greater heights with each passing day. According to Morgan Stanley analysts, led by Joseph Moore, the price of Ethereum’s cryptocurrency has risen over 8,900 percent high over…

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Apprehensive About Bitcoin? Here are 4 Stocks which gave 10x Returns in 2017

Category: Bitcoin, Finance, News

Apprehensive About Bitcoin? Here are 4 Stocks which gave 10x Returns in 2017

2017 has seen incredible things for bitcoin. Surging by over 1000 percent, it has sent the world into a frenzy, with everybody wanting a piece of the pie. Although returns to date have been phenomenal, there is a growing apprehension among investors and finance professionals that bitcoin is no more than the latest bubble. Widely used as the currency of…

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John McAfee’s MGT Capital is Jumping on the Ethereum Mining Bandwagon

Category: Altcoins, Business, Ethereum, Mining, News

John McAfee’s MGT Capital is Jumping on the Ethereum Mining Bandwagon

MGT Capital Investments LLC, a technology company led by outspoken cybersecurity pioneer John McAfee, announced on June 23 that it had purchased Ethereum mining equipment to launch a new cryptocurrency mining operation that focuses on ether and ethereum classic. MGT Investments has made an agreement with Bit5ive LLC to buy up to 60 graphics processor-based mining computers, which will use…

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Digital Currency is Driving AMD Shares to Skyrocket

Category: Altcoins, News, Tech

Digital Currency is Driving AMD Shares to Skyrocket

On June 6, AMD shares went up more than seven percent after the company revealed that its sales volume were skyrocketing mainly because of the direct influence of Digital Currencies, such as Litecoin. The stock was the top performer in the S&P 500 on the day. It seems that the recent price surge is directly connected to digital currency ‘miners’…

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Antshares Flexes A Technology Muscle, Set to Release Smart Contracts For Everyone

Category: Blockchain, News, Tech

Antshares Flexes A Technology Muscle, Set to Release Smart Contracts For Everyone

Antshares sets the pace in a new playing field amongst Blockchain applications and is set to release their smart contracts 2.0 in June, an important development contributing to diversity within the blockchain community and of smart contracts, with Hyperledger not open to the public and Rootstock yet to release anything. When projects such as Bitcoin and Ethereum emerge, their success…

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Will Blockchain-based “Stock Exchange for Startups” Funderbeam Revolutionize Startup Investing?

Category: Commentary, Finance, News, Tech

Will Blockchain-based “Stock Exchange for Startups” Funderbeam Revolutionize Startup Investing?

One of the biggest challenges for angel investors and a factor that deters many small investors from investing more money in startups is the acute illiquidity of startup investments. Traditionally, when investing in a young startup, either through liaising directly with the founders or through online crowdfunding platforms, the invested funds will be locked up in the company until it…

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Barry Silbert Removes Stocks From Portfolio, ‘All In’ on Cryptocurrencies and Cash for 2017

Category: Altcoins, Bitcoin, Commentary, News

Barry Silbert Removes Stocks From Portfolio, ‘All In’ on Cryptocurrencies and Cash for 2017

Barry Silbert, founder of Digital Currency Group, a bitcoin investment fund which oversees 19 major bitcoin exchanges across the world, announced that he would be entering 2017 with no public stock, fixed income or debt. Instead, he intends to focus on Bitcoin, Ethereum Classic, and ZCash, to avoid global financial crisis and economic instability. The rally of the Bitcoin price…

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