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Crypto Market Wrap: Ethereum Hit by Hard Fork Hiccup

Market Wrap Crypto markets fall back again marginally, Ethereum in pain on hard fork delays, Tron and Maker following. Yesterday’s minor recovery fizzled out as quickly as it began and crypto markets are retreating again. Total market capitalization is just above $120 billion and further drops are looking likely. Bitcoin has found a new short…

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Bitcoin Price Watch: BTC Approaching Next Significant Break

Bitcoin price is consolidating losses above the $3,560 support area against the US Dollar. There is a short term contracting triangle formed with resistance at $3,625 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may soon make the next move either above $3,650 or below $3,540 in the near…

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Less Than 1.5 Million People Used dApps in 2018

According to a report from Dapp.com, dApps had about 1.5 million users over the course of 2018, the first full year they were measured. The most active dApp category across platforms was gaming, followed by betting. Of the 1.5 million total users of dApps across platforms, nearly 800,000 were on Ethereum. The Ethereum dApp ecosystem…

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Bitcoin is a Tool for ‘Peaceful Revolution’: Crypto Developer Jimmy Song

Bitcoin developer Jimmy Song says the original cryptocurrency can be a powerful tool to usher in a “peaceful revolution.” Song made the remarks during an interview with RT’s business host Max Keiser. “The biggest thing bitcoin brings is the decentralization of monetary power,” Song says (see video starting at 13:40). “If you have government and big…

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France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu

According to multiple sources, BNP SA, known by many as the largest bank in France, reportedly made a loss of $80 million in derivative trades connected to the United States. The sources confirmed that Antoine Lours, the Head of U.S index trading at BNP, is yet to return to his position at the bank. Lours…

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