Month: February 2018

More Crypto Jobs in India, Despite Delhi’s Stance on Bitcoin

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Jobs and applicants for employment in the cryptocurrency sector have increased substantially in India, despite current attitudes in Delhi towards bitcoin. Significant growth has been registered in the second half of last year, a period of great uncertainty about the crypto future of the country. This month Indian government reaffirmed its commitment to eliminate illicit use of cryptocurrencies. New regulations are expected in March. Also read: Survey: Indians See Brighter Crypto Future than Americans Indians Searching “Crypto” on Job Sites The number of cryptocurrency and blockchain related job postings has…

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Takeprofit Wants to Make the Best Cryptocurrency Trading Signals Available to Everybody

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A new Ethereum-based platform called TakeProfit wants to make reliable cryptocurrency trading signals available to everybody. The same platform will give traders the ability to cash in on market signals. “TakeProfit provides professional traders with an opportunity to monetize their skills; by directly selling them to their subscribers,” the company announced, “Subscribers can earn income using the skills and recommendations of traders.” “TakeProfit is the first aggregating platform of the most up-to-date information on trading and investment,” the company revealed. “The platform provides an opportunity for traders to publish their…

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Weiss Ratings Defends its Decision to Give Bitcoin Only a C+ Grade

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Wall Street is known for being a cut throat place where shrewd business people play as tough as possible in order to make gains or their destroy opponents. However, the crypto ecosystem can be at times far more nasty than any other market. One company that had the audacity to rate everyone’s favorite cryptocurrency somewhat poorly learned this recently, but it still stands by the rankings.  Also Read: NFL Superstars Like to Talk About Bitcoin Just Like the Rest of Us Crypto+ Weiss Ratings, an independent U.S. rating agency which…

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Ripple to Provide Faster Payments into China with New Partnership

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Online shopping is an immense industry in China, with hundreds of millions of users and worth over $670 billion last year. Some of the largest e-commerce markets on the planet are targeted at Chinese consumers, and their spending power is growing. Payment convenience is a key component of the success of online marketplaces, and Ripple intends to facilitate that with new partnerships in the country. In an announcement on the Ripple company blog yesterday, the San Francisco-based blockchain firm stated that it was entering into partnership with a leading Chinese…

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Bitcoin Cash Markets Recover — While Infrastructure Support Increases

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This past week bitcoin cash (BCH) markets have been suffering from the bearish sentiment plaguing cryptocurrencies across the board. On February 6 the price of BCH reached a low of $740 per coin but has since bounced back to the $950-1,050 region on Bitstamp Tuesday evening. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners Bitcoin Cash Markets Begin to See Recovery Ahead This week bitcoin cash markets took a hit as BCH had lost roughly $588 USD (-39%) in value over the past seven days. At the moment the price…

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Grayscale Plans to Launch a Cryptocurrency ‘Large Cap Fund’

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This Wednesday Grayscale Investments, the sponsor of the Bitcoin Trust (OTCQX: GBTC) has announced a new cryptocurrency investment vehicle is coming. The company plans to launch the ‘Grayscale Digital Large Cap Fund’ (the “Fund”) that intends to hold the top digital assets within the cryptocurrency economy. Also Read: Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price Grayscale Launches a New Cryptocurrency Fund The managers of the popular bitcoin investment fund GBTC and the ethereum trust, Grayscale, have decided to create a much larger investment product comprised of…

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Crypto Exchange Binance Goes Dark – 12 Hour Outage for Maintenance, System Upgrades

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Breaking News: Less than an hour ago, exchange giant Binance announced that they were closing the doors for the next 12 hours.  A system upgrade extension was cited as the reason. Anxious traders responded to the company Tweet in the hope that the exchange had not been hacked and no data was lost. They were reassured by the company: We experienced a server issue on our replica database cluster, causing some data to be out of sync. Need to fully resync from master. Due the size of the data, it…

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Millennials Much More Interested in Cryptocurrencies, Could Care Less About Stocks

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When it comes to investing among millennials, traditional stocks take a back seat to Bitcoin and other cryptocurrencies. A Lack of Trust in Wall Street While many older individuals see the volatile cryptocurrency market as proving too wild for their taste, millennials prefer to put their money in Bitcoin and alternative cryptocurrencies (altcoins) – as opposed to established stocks and bonds. As is the case with this writer, many millennials have become disillusioned with the traditional stock market after the 2008 financial crisis – which happened while many millennials had…

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O Canada! Here’s Why This Just-Launched Blockchain ETF Isn’t Concerned About Weak Crypto Prices

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Canada’s Harvest Portfolios Group Inc. just launched their Blockchain Technologies ETF despite weak market sentiment. When equities markets pull back and sentiment weakens, we often see companies that planned to conduct an initial public offering (IPO) delay their offering in favor of waiting for a recovery and an increased (or, perhaps more accurately, improved) market sentiment. Improved sentiment normally results in increased participation which, ultimately, translates to a higher IPO price and a higher market capitalization and funds raised for the company that’s seeking public backing. The same is true…

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Australian High School to Host Information Night on Cryptocurrencies

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A surge in the popularity of bitcoin among students has prompted an Australian high school to host an information night designed to educate its students about cryptocurrencies. St. Laurence’s College in Brisbane recently informed the parents of students that it wishes to hold an “educational presentation” in light of an increasing number of students investing in cryptocurrencies. Also Read: Australia to Ban Bitcoin Gambling Increasing Student Investment Prompts Australian High School to Host Information Night on Cryptocurrencies A high school in Brisbane, Australia has announced that it will hold a non-compulsory…

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