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Upside Break on the Way? Zcash Eyes Gains Against Bitcoin

Privacy-focused cryptocurrency zcash is solidly bid against the dollar and could soon see a spike against bitcoin. As per data source CoinMarketCap, zcash (ZEC) has appreciated by 12 percent in the last 24 hours. As of writing, it is trading at $718 levels – that’s down 24.83 percent from the …

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Dự Án Green Earth

BẠN MUỐN TẠO SỰ KHÁC BIỆT NHƯNG KHÔNG BIẾT LÀM CÁCH NÀO? Bảo vệ rừng nhiệt đới của chúng ta trước sự tàn phá của con người bằng khoản tiền rất nhỏ chỉ khoảng 20 USD Nhận 6% khoản thưởng thường niên bao lâu tùy ý bạn TẠO ẢNH HƯỞNG …

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Japan’s Fisco Launching $2.66 Million Cryptocurrency Fund

Japanese investment research firm and bitcoin exchange operator Fisco has announced that it will launch a cryptocurrency fund. Coming after the firm issued a bitcoin bond last year, the new crypto fund will invest more than 300 million yen ($2.66 million) in bitcoin and other digital currencies, according to Nikkei. …

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Korean Official: Cryptocurrency Exchange Ban ‘Not Finalized’

South Korea’s Presidential Office said today that a plan to ban trading cryptocurrencies via exchanges in the nation is still not set in stone. The office spoke out after news reports indicated Wednesday that the South Korean Justice Department is planning legislation that would pave the way for exchanges in …

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MoneyGram to Pilot Ripple’s XRP Token

International money-remittance firm MoneyGram is partnering with Ripple to test the startup’s XRP token for international payments. According to a press release, MoneyGram will test Ripple’s xRapid service due to its claimed speed and cost efficiency. The release noted that XRP transaction fees are significantly less than those of the …

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US Marshals Service to Auction Off $54 Million in Bitcoin

The U.S. Marshals Service has announced that it will auction off more than 3,800 bitcoins later this month. The auction will take place on Jan. 22, according to a representative from the service. The event marks the first time since 2016 that the U.S. Marshals Service has held a bitcoin …

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White Paper Published for Blockchain Privacy Tech Zk-starks

The highly anticipated white paper for privacy technology zk-starks has been released. Touted as a more secure version of zk-snarks, the privacy technology used by zcash, zk-starks remove the need for a “trusted setup.” The publication of the zk-starks white paper will likely cause a stir in the development community. …

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U.S. State Regulators Hit BitConnect With Second Cease-And-Desist

BitConnect’s planned initial coin offering (ICO) has attracted another cease-and-desist letter from U.S. state regulators, marking the second time this month. In a release dated Jan. 9, the regulators from the North Carolina Securities Division outlined the temporary cease-and-desist, stating that BitConnect hadn’t registered to deal or sell securities in …

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Down Not Out? Ripple Bulls May Regain Momentum

The 50 percent decline of Ripple’s XRP token from the record highs may have strengthened the bears, but chart analysis indicates further downside may be limited. As per data source OnChainFX, the world’s third-largest cryptocurrency by market capitalization has depreciated by 16.85 percent in the last 24 hours. As of …

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Crypto Cat and Mouse: 2018 Will Be the Year of Policy Subterfuge

Pavel Matveev is the CEO of Wirex, a bitcoin wallet and payment card provider. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. The new year will usher in regulatory arbitrage amongst companies that want to develop innovative solutions, as well as from states seeking to maximize …

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Bitcoin Price Stays Heavy Amid Korean Regulatory Reports

Despite the two-way action on the price of bitcoin over the last 24 hours, the bears still appear to have the upper hand. CoinDesk’s Bitcoin Price Index (BPI) fell to $13,455 yesterday before rising back above $14,900. At that point, it appeared bitcoin (BTC) had found a bottom, but the …

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Venezuela’s Planned Petro Cryptocurrency ‘Illegal,’ Says Congress

Venezuela’s opposition-run congress has declared that a planned new national cryptocurrency called the petro is illegal. According to the legislative body, the issue of the petro – a cryptocurrency backed by commodity reserves, including oil, that was announced by President Nicolas Maduro in December – would be effectively borrowing against …

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Microsoft Resumes Bitcoin Payments After Halt Over ‘Instability’

Tech giant Microsoft is once more accepting bitcoin payments on its online store. According to Bleeping Computer, Microsoft temporarily suspended bitcoin transactions last week, with company sources citing the “unstable” state of the cryptocurrency. The reason was likely due to bitcoin’s current high volatility and fees, the tech news source …

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