Funding for Crypto and Blockchain Companies Plummets as Regulatory Concerns Grow

Funding for Crypto and Blockchain Companies Plummets as Regulatory Concerns Grow

Bitcoin and the entire crypto markets have been incurring significant volatility throughout the course of 2019, most of which has actually been bullish. Despite this, newly released data suggests that funding for blockchain and crypto companies has dived over the past year, which may be exasperated in the coming months and years as the United…

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Bitcoin Spikes 10% in Minutes, Up to $10,800 From $9,100 Bottom

Bitcoin Spikes 10% in Minutes, Up to $10,800 From $9,100 Bottom

Bitcoin Spikes Higher in Unexpected Surge Wow, well that was quick. In the past two hours, Bitcoin ( BTC) has gained over 10%, rallying from $9,400 to $10,600. Most of this rally actually took place in a few minutes, with the cryptocurrency gaining around $800 of that move higher in a matter of a single five-minute…

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Ethereum Researcher: In ETH 2.0, PoS Attacks To Be Handled With Grace

Ethereum Researcher: In ETH 2.0, PoS Attacks To Be Handled With Grace

In 2013, Vitalik Buterin released a whitepaper suggesting the creation of a blockchain network that would support application development without being tied to a single specific scripting language. However, the Ethereum blockchain platform mirrored the Proof of Work (PoW) algorithm used by its predecessor; Bitcoin. Over time, Ethereum has been considering abandoning the energy-intensive PoW…

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No, Cryptocurrencies A Great Idea Says Former Congressman Ron Paul

No, Cryptocurrencies A Great Idea Says Former Congressman Ron Paul

The last few days have witnessed a clash between Bitcoin critics and supporters with debatable comments coming from seemingly unexpected circles; US President and US Secretary of Treasury. Donald Trump, the United States President, said that he isn’t a fan of cryptocurrencies such as Bitcoin since “they are not money, and whose value is highly…

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Bitcoin Rallies 7% From $9,100, Analyst Deems BTC Drop Over

Bitcoin Rallies 7% From $9,100, Analyst Deems BTC Drop Over

Bitcoin May Be Forming Short-Term Bottom Bitcoin ( BTC) has finally started to show some life on its short-term chart once again. In the past 8-odd hours, the cryptocurrency has rallied off its $9,150 bottom, moving up 7% to $9,800 where it stands now. According to a chart from Scott “The Wolf of All Streets” Melker,…

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Bitcoin (BTC) Pausing Rally at $13,000 Isn’t Bearish, Here’s Why

Bitcoin (BTC) Pausing Rally at $13,000 Isn’t Bearish, Here’s Why

Bitcoin in Reaccumulation? Bitcoin hasn’t been doing too hot as of late. After hitting $13,000 last week, BTC has dipped, as bulls have failed to pick up the pace. Indeed, volumes have begun to drop, sentiment has begun to dip, and Google Trends interest for “ Bitcoin” and related terms are on the downtrend. This has…

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IMF: Stablecoins Could Surpass Traditional Form of Money

IMF: Stablecoins Could Surpass Traditional Form of Money

Crypto analysts predict that global trade will eventually run on the power of cryptocurrencies. This would severely affect the trading model for banks. Most of these financial institutions have preferred to bury their heads in the sand to the coming disruption. The International Monetary Fund’s position on crypto is rather peculiar. The Fund seems more…

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Bitcoin to Hit $100,000 in 2020? You Can Bet on It

Bitcoin to Hit $100,000 in 2020? You Can Bet on It

LedgerX Unveils New Product Bitcoin-centric derivatives platform LedgerX has just unveiled a helluva product. Reported first by Bloomberg, the American exchange that recently secured a derivatives license from the Commodity Futures Trading Commission (CFTC) will be allowing traders to bet on if Bitcoin will pass $100,000 by December 2020. The call option will pay only…

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Investors Snagged, NovaChain Exits with Millions of Dollars

Investors Snagged, NovaChain Exits with Millions of Dollars

Exit scams have for the last few years been synonymous with cryptocurrencies. In the current low ICO rate environment, most crypto enthusiasts have hoped that such fraud would soon become outdated. Well, a new one has just hit the radar with NovaChain. The blockchain based startup has shut down its website as well as its…

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Analyst: Bitcoin Ban Extremely Unlikely Post-U.S. Treasury’s Comment

Analyst: Bitcoin Ban Extremely Unlikely Post-U.S. Treasury’s Comment

U.S. Treasury Secretary: Bitcoin, Crypto Are “National Security Issues” On Monday, the U.S. Treasury Secretary made it clear that he is aware of Bitcoin, cryptocurrencies, and Libra, especially in regards to what issues they pose to society and traditional finance. “This is indeed a national security issue,” Sec. Mnuchin said on the need for more…

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