What should happen to return the Bitcoin to growth?

May 22, 2018 12:43 pmComments Off on What should happen to return the Bitcoin to growth?
What should happen to return the Bitcoin to growth?

The Bitcoin will rise this year and will reach its previous high levels, according to the CoinShares Chairman Danny Masters. But he believes that a better infrastructure and lifecycle would have to be built before the initial mints. “We need to see how the infrastructure around the crypto-currencies continues to be build”, said Danny Masters. He is convinced that the crypto-currency market needs custodian services, indexes, and other performance metrics […]

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Warren Buffett defined the Bitcoin as rat poison

May 8, 2018 11:22 amComments Off on Warren Buffett defined the Bitcoin as rat poison
Warren Buffett defined the Bitcoin as rat poison

The investors should keep their fingers away from virtual currencies, warned Warren Buffett. The investor describes Bitcoin, the oldest and most important crypto-currency, as “double rat poison”. “People buy a Bitcoin only in the hope that they will find someone else to pay them more for it”, said Warren Buffett. He compared obsession with crypto-currency with Dutch tulips in 1637. It is considered the first speculative balloon in the economic […]

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The largest crypto-currencies rose by nearly 75% since the beginning of April

April 25, 2018 9:48 amComments Off on The largest crypto-currencies rose by nearly 75% since the beginning of April
The largest crypto-currencies rose by nearly 75% since the beginning of April

The world’s largest crypto-currencies continued to grow, raising their price by nearly 75% since early April. Ether, ripple and Bitcoin Cash have appreciated mostly so far. The market leader Bitcoin rose by 3.6%, with traded volume of 2 billion USD on the top 10 crypto-currency platforms over the past 24 hours. Numerous currencies posted a price increase in April due to the volatility of many of the world stock and […]

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Iranian Central Bank has formally banned the use of crypto-currencies in financial transactions

April 24, 2018 10:47 amComments Off on Iranian Central Bank has formally banned the use of crypto-currencies in financial transactions
Iranian Central Bank has formally banned the use of crypto-currencies in financial transactions

Iranian Central Bank has formally banned the use of crypto-currencies in financial transactions, in attempt to prevent crimes such as money laundering and terrorism. The decision is part of Tehran’s efforts to control the foreign exchange market after the Iranian rial exchange rate dropped to the historic minimum earlier this month. The ban covers all monetary and financial centers in the country, including banks, financial institutions and exchange bureaus. Though […]

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Malta becomes cryptocurrency trading hub

April 23, 2018 10:51 amComments Off on Malta becomes cryptocurrency trading hub
Malta becomes cryptocurrency trading hub

Two of the world’s largest crypto-currency trading platforms are planning to make Malta the center of their global operations, and according to the analysts others will certainly follow them. Authorities in the Mediterranean Archipelago, the smallest member of the European Union, are aiming to increase their wealth by becoming one of the most friendly jurisdictions in the world as a sector of concern among other regulators. At a time when […]

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