Month: February 2018

During the Anarchapulco event last week I had purchased a Digital Bitbox hardware wallet. I’ve tested and reviewed a variety of popular hardware wallets over the years and decided to experiment with the Bitbox platform so our readers can get an idea of what this product has to offer. Also read: Venezuelan Government Opens School to Teach Citizens About Cryptocurrencies Testing Out the Digital Bitbox The Shift Devices AG company calls its flagship product, the Digital Bitbox, a minimalist hardware wallet. The device is roughly around the same price (€59 per Bitbox)…

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Despite calls for action from would-be regulators in Germany and France and Europol’s recent claim that $5.5 billion is being laundered in Europe via cryptocurrency, the European Commission still isn’t ready to force regulations on the emerging market. Haste Makes Waste Instead of rushing into regulatory measures, Pete Kerstens — leader of the European Commission’s fintech task force — has called for a more measured approach, telling a recent EURACTIV-organized and American Express-sponsored forum: We should think of what are the risks in order to know what should be regulated. Kerstens…

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Payment company Circle has announced that it has purchased Poloniex cryptocurrency exchange. Rumors of the acquisition had been circulating for weeks, and were finally confirmed today in press releases issued by both parties. Poloniex is one of the most well established cryptocurrency exchanges, but has been stagnating. It is hoped that the partnership will revitalize its fortunes while bolstering Circle’s presence in the crypto market. Also read: People Who Don’t Understand Cryptocurrency Should Probably Stop Writing About It Poloniex Goes Full Circle When the story of Circle purchasing Poloniex surfaced on…

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Analysts are forecasting further price drops before a breakout for Bitcoin the “parabolic” asset as sliding resistance plays out this week. Remember You’re Parabolic In an update to weekly markets analysis Monday, MarketWatch source known as Filbfilb suggested trading positions focusing around $8000 in the short term. At press time, Bitcoin was trading around $9550, down just above weekly lows of $9313 according to data from Bitstamp. In a forecast described by Twitter trading account Parabolic Trav as “very accurate,” Filbfilb predicted resistance surrounding $12,000 which saw Bitcoin’s ascent halted…

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Poland’s Ministry of Finance has refuted reports that it is interested in the petro, the Venezuelan ”oil-backed” currency. Earlier this month, Venezuela reportedly claimed that a handful of countries have expressed interest in receiving the petro for commerce with Venezuela such as Norway, Denmark, Brazil, Vietnam, Poland, and others. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Poland Denies Interest in Petro Poland’s Ministry of Finance. Prior to the launch of Venezuela’s new currency, the petro, the country’s Minister of Foreign Trade, José Vielma Mora, was quoted by…

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It’s only February, but the award for most inaccurate cryptocurrency article of the year is already in the bag. The Financial Post, which bills itself as “Canada’s most trusted source of financial news” has published an editorial that reads like something straight from The Onion. This isn’t satire though – it’s a serious piece authored by the publication’s decorated editor-at-large Diane Francis. Also read: Thanks to Mainstream Media the Public Clueless About Cryptocurrency There’s a Fine Line Between Satire and Stupidity Diane Francis “Bitcoin and other cryptocurrencies are like the Bre-X…

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