Cryptocurrency Market Cap Plummets; Struggles To Recover

Cryptocurrency Market Cap Plummets; Struggles To Recover

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Having very briefly crept over into the $20k mark (USD) all but a week ago, Bitcoin’s price plummeted days later by as much as 45% to a lowly $11,159 on December 22. In fact, the world’s most popular cryptocurrency lost more than a quarter of its value on Friday, making it Bitcoin’s wors ...
Gone in 60 Seconds: Singularity NET’s $36m ICO

Gone in 60 Seconds: Singularity NET’s $36m ICO

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In possibly the world’s fastest ICO to date, SingularityNET has raised $36 million (USD) in just one minute after 500 million AGI (Artificial General Intelligence) tokens went on sale to the public this past Friday. So large was the demand for the AGI tokens that the ICO was postponed ...
Louisiana: The Cheapest Place to Mine Bitcoin in America

Louisiana: The Cheapest Place to Mine Bitcoin in America

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Louisiana is the cheapest location for Bitcoin mining in the United States, according to a study from Crescent Electric Supply Company, a supplier of electric hardware and supplies. Crescent's mining cost calculation is based on the wattage used by the Antminer s9, s7, and Avalon 6 - the ...
Wikileaks to Accept Donations in Additional Cryptocurrencies

Wikileaks to Accept Donations in Additional Cryptocurrencies

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Wikileaks, a non-profit whistleblowing group, is expanding its fundraising opportunities by accepting donations in additional cryptocurrencies. This announcement comes from Wikileaks founder Julian Assange in a tweet where he also complained about the Freedom of the Press Foundation’s ...
CBOE Joins the Queue, Files for ETF with United States SEC

CBOE Joins the Queue, Files for ETF with United States SEC

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Adding to its resume of  Bitcoin assets, the Chicago Board Options Exchange recently filed to begin listing cryptocurrency ETFs to complement its Bitcoin futures contracts. As detailed by a laundry list of filings on CBOE’s website, the Chicago-based exchange has put forth a whopping 6 ...
Goldman Sachs to set up Crypto-Trading Desk

Goldman Sachs to set up Crypto-Trading Desk

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Last month the Goldman Sachs CEO said his company had no plans to formulate a Bitcoin strategy as the market was too volatile. Reports today suggest that the financial giant is moving more quickly than expected and will set up a trading desk for cryptocurrencies next year. In the first ...
Bitcoin Down 15% in Major Price Adjustment in Cryptocurrencies

Bitcoin Down 15% in Major Price Adjustment in Cryptocurrencies

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Bitcoin prices have fallen by $3,000 in less than 12 hours, from around $16,000 to a low of under $13,000. This compares with the record high of nearly $20,000 last weekend. The sell-off appears to have triggered price corrections in other cryptocurrency markets with only Ripple making g ...
USA Luge Team to Accept Bitcoin in Preparation for 2022 Pyeongchang Olympics

USA Luge Team to Accept Bitcoin in Preparation for 2022 Pyeongchang Olympics

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Come 2022, the United States Olympic luge team will, in part, fund their endeavours with a financial asset as risky as the sport itself. The team is diving head first into Bitcoin, as it plans to accept the cryptocurrency to help fund its path to the 2022 Winter Olympics in Pyeongchang, ...
Bosch Make “Significant” Investment in IOTA

Bosch Make “Significant” Investment in IOTA

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Robert Bosch Venture Capital GmbH (RBVC), the venture capital arm of the Bosch group, have announced a “significant” investment in IOTA tokens.The deal will also see an RBVC partner appointed to the advisory board of IOTA, currently the world’s sixth biggest cryptocurrency by market capi ...
Litecoin Creator Sells Off Personal Holdings to Avoid “Conflicts of Interest”

Litecoin Creator Sells Off Personal Holdings to Avoid “Conflicts of Interest”

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Litecoin creator, Charlie Lee, announced this week that he has sold or donated all his Litecoin to avoid potential “conflicts of interest”. Lee, who was also previously the director of engineering at the Coinbase exchange, has become a well-known influencer and communicator in the crypto ...

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