Bitcoin market capitalization exceeded 100 billion USD

October 31, 2017 9:27 amComments Off on Bitcoin market capitalization exceeded 100 billion USD
Bitcoin market capitalization exceeded 100 billion USD

Bitcoin conquered new records and the most widely used digital currency now costs 6,125 USD, after crossing 5,000 USD and 6,000 USD marks for the first time in its history earlier this month. The Bitcoin market capitalization exceeded 100 billion USD, meaning it represents more than half of the entire crypto-currency market. The digital currency prices have remained unaffected by the latest regulatory measures around the world and skepticism of […]

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Blockchain is more interesting that Bitcoin

October 26, 2017 7:04 amComments Off on Blockchain is more interesting that Bitcoin
Blockchain is more interesting that Bitcoin

Bitcoin is a bubble and is far less interesting than the developed blockchain technology, which is in its core, according to the CEO of China Renaissance China Investment Bank, Fan Bao. The technology is a decentralized transaction database maintained in a network of computers around the world instead of the same place. “Obviously, it’s getting hot now, and Bitcoin is starting to become a bubble”, commented Fan Bao. “I think […]

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Former broker Jordan Belfort criticized the modern Initial Coin Offering and crypto-currencies

October 24, 2017 2:07 pmComments Off on Former broker Jordan Belfort criticized the modern Initial Coin Offering and crypto-currencies
Former broker Jordan Belfort criticized the modern Initial Coin Offering and crypto-currencies

The former broker Jordan Belfort, who has inspired the movie for The Wolf of Wall Street, has criticized the modern Initial Coin Offering (ICO) of crypto-currencies, defining it as “the biggest trick in history” that will “burst into people’s faces”. His warning comes amid a wave of Initial Coin Offering (ICO), which attracts money online by selling digital tokens to investors in exchange for crypto-currencies like Bitcoin and Ethereum. Since […]

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Saudi leading investor joined the critics of Bitcoin and crypto-currencies

12:51 pmComments Off on Saudi leading investor joined the critics of Bitcoin and crypto-currencies
Saudi leading investor joined the critics of Bitcoin and crypto-currencies

Saudi prince Al-Waleed bin Talal joined the critics of Bitcoin and crypto-currencies, comparing it with the Enron affair. “I just do not believe in this thing Bitcoin. I think it’ll just blow out one day. I think it’s Enron affair in action”, said Al-Waleed bin Talal. “It just does not make sense, it’s not regulated, it’s out of control, it’s not under the supervision of any central bank”, added he. […]

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Bitcoin crossed the 6,000 USD mark

October 21, 2017 6:22 amComments Off on Bitcoin crossed the 6,000 USD mark
Bitcoin crossed the 6,000 USD mark

The main crypto-currency Bitcoin rose by 5% to new record high, crossing the 6,000 USD mark. The digital currency was trading for 6,003.81 USD at the platform CoinDesk. The traders already confirmed that are making trades of over 6,000 USD and 5000 EUR, considered as psychological hikes. The record is even more remarkable because it comes just a day after the price dropped by 8.7% due to fears of tightening […]

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