China Releases New Crypto Rankings

China’s Center for Information and Industry Development has released its latest rankings of 35 crypto projects that were evaluated over the past two months. While several top positions remain unchanged, Bitcoin has climbed up the overall ranking. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request New Rankings From China The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released the 12th update of its crypto project rankings Thursday. The number of projects evaluated was unchanged from the previous rankings published…

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How Crypto-Based Microfinance Benefits Small Businesses

Starting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. For entrepreneurs in developing nations, where even obtaining a bank account can prove challenging, getting their idea off the ground often calls for non-traditional funding. Crypto-based microfinance is one such solution. Also read: Bitcoin Cash Privacy Has Improved in Leaps and Bounds Unbanked Businesses Are More Common Than You Think The unbanked…

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Bitcoin Hits New Yearly High Over $8,900 – Are Double Digits Imminent?

Following a return to resistance at $8k, Bitcoin price is clearly not ready to correct just yet. A few hours ago during Asian trading, BTC surged to its highest price since May last year. The move has lifted the entire cryptocurrency market up to a ten-month high. Bitcoin Price Pumps 13% Bitcoin (BTC) recorded a high of $8,938 for Bitcoin a couple of hours ago. BTC price 00 has not been at this price since early May 2018 according to the trading website. Today’s 13 percent pump has seen the…

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Bitcoin Cash Privacy Has Improved in Leaps and Bounds

Over the last few years, privacy has become of great importance to digital asset enthusiasts as law enforcement has cracked down on money transmitters, seized coin shuffling services, and blockchain analysis has increased significantly. To thwart this, some bitcoiners have turned to mixing applications that utilize the Coinjoin protocol and other methods of obfuscation. However, the crypto community was dealt a blow on May 22 when Europol shut down one of the largest cryptocurrency transaction mixing sites, Bestmixer.io. Also read: Bitcoin.com Launches Free Bitcoin Cash Register Platform for iOS Devices…

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‘Encrypto’ By Franck Muller Joins The Ranks of Bitcoin Luxury Watches

Popular Swiss watchmaker Franck Muller has teamed up with alternative investment company Regal Assets to release what’s touted as the first functional Bitcoin watch.  Enters “Encrypto” Pioneer luxury watchmaker Franck Muller has partnered up with alternative investment company called Regal Assets to release a timepiece called “Encrypto.” The watch itself was designed by Frank Muller and the dial features the QR code of Satoshi’s Genesis Block address. More interestingly, the watch is intended to serve as a cold wallet for storing Bitcoin. According to the official release, each watch comes…

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Bitcoin May Be Entering 2-3 Bull Market Now, Morgan Creek CEO Says

Bitcoin may be entering a two or three-year bull-market now, according to Anthony Pompliano, CEO of Morgan Creek Digital. US dollar Just as ‘Untied’ as Bitcoin? During a CNBC interview, on 14 May 2019, Pompliano affirmed that neither bitcoin nor the dollar is tied to anything. Whereas, in contrast, the value drivers of all equities and every other asset are tied to something, such as earnings, GDP, interest rates, etc. “Bitcoin is not tied to anything” “Neither is US dollars and how big is your cash position?” – @APompliano pic.twitter.com/OUqt7bBJZl…

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Massive Growth by P2P Exchange and AT&T Accepting BCH in the Weekly Update From Bitcoin.com

An upcoming peer-to-peer (P2P) exchange sees massive growth and U.S. telecom giant AT&T now accepts BCH payments. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel. Also Read: How to Easily Find a Bitcoin Cash ATM Near You Massive Growth by P2P Exchange in Bitcoin.com’s Weekly Update This week’s edition presents the impressive growth experienced by the upcoming privacy-focused P2P bitcoin cash trading service Local.Bitcoin.com. More than 1,896 accounts and 790 orders were created within the first week of registration for the platform with…

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Bitcoin An ‘Extremely Orderly Market’ – Bitwise Urges SEC to Approve ETF

According to new research from Bitwise, the public (and SEC) perceptions are wrong, and the real Bitcoin market is a poster-boy of order and efficiency. Bitwise Asset Management certainly doesn’t sit around feeling sorry for itself when the SEC delays ruling on its Bitcoin-ETF… again. Just a week after the latest postponement, Bitwise submitted a 104-page white-paper on the true state of the market. Fortunately, Bitcoinist read the whole thing and picked out the important bits so you don’t have to. Market Obscured By Foggy Miasma Of Bad Data The current data…

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Buysellhodl Aggregates Price Predictions From Traders Like You

Any transitional period is characterized with uncertainty and crypto investors would appreciate to have some clues as to where the markets are going from here. Often the expectations of other traders are the best indicator. Buysellhodl is a platform that can give you predictions based on the opinions of people like you. Also read: Determine Which Coins Can Bring You Profit With RSI Hunter App Ranks Cryptocurrencies Based on User Sentiment Buysellhodl has developed a free mobile app for both Android and iOS devices. It is quite popular and enjoys…

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Bitcoin Speed Vs. Altcoins a ‘Red Herring,’ Says Charlie Shrem

Bitcoin entrepreneur Charlie Shrem says that comparing Bitcoin to other altcoins and ‘faux cryptos’ in terms of speed is a ‘red herring’ argument. Instead, Bitcoin’s main selling points are decentralization and censorship resistance.  Only Bitcoin is a ‘Censorship-Resistant Value Network’ Bitcoin pioneer, Charlie Shrem, says that comparing transaction speed between Bitcoin and other ‘faux’ cryptocurrencies is a non-starter. “Transaction speeds” when debating bitcoin vs other faux-crypto’s is red herring argument,” said Shrem. Why? Because the speed of payments was never a problem. Quick, online, digital payment services such as PayPal already…

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