Month: December 2018

Despite regulatory uncertainty and banking restriction imposed by the country’s central bank, an Indian cryptocurrency exchange is seeing record trading volumes every month. The CEO of Wazirx told news.Bitcoin.com that the recent uptick in crypto prices has prompted a lot of Indians to start trading again. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Record Trading Volumes Indian cryptocurrency exchange Wazirx is seeing record trading volumes despite a number of conditions that dampen trader sentiment such as the crypto banking ban imposed by the country’s central bank, the Reserve…

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According to the Bitcoin Obituaries webpage, the cryptocurrency ‘died’ 90 times in 2018. Since the inception of Satoshi’s great invention, almost a decade ago, economists and financial news publications have informed the public that bitcoin has passed away a grand total of 336 times. Also read: Year in Review: 2018’s Top Cryptocurrency Stories Dead Currencies Have ‘No Chance of Success’ Ever since the general public started hearing about cryptocurrencies, many financial bigwigs, well known pundits, Keynesian economists, and Wall Street executives have explained in great detail how Bitcoin has ‘died’. This…

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Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with cleaner and less expensive energy. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Exiting the Mining Equipment Business GMO Internet Inc. announced on Tuesday following a board of directors meeting that it “will no longer develop, manufacture, and sell mining machines.” The company is posting an extraordinary loss of 24 billion…

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After an intense 2017, filled with cryptocurrency market spikes, the following year was loaded with letdowns as a great majority of digital assets plunged well over 80 percent in value since their all-time highs. 2018 was also filled with lots of headlines about digital currency regulations, exchange hacks, and postponed exchange-traded funds. Also read: Feed 7 Different Species at the River Forest Farm’s ‘Bitcoin Cash Zoo’ 2018 Saw Hundreds of Billions Shaved Off the Entire Cryptocurrency Market Cap It’s safe to say that 2018 was the exact opposite of 2017 as…

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Despite all efforts, so far businesses haven’t been able to come up with significant applications for private, centralized blockchains as opposed to public distributed ledgers, a new study shows. According to the authors, in most cases corporate blockchain networks are used mainly for database verification and transactions auditing. Also read: Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases Public Ledgers Are Universal and Disruptive The research is part of a report on the development of the crypto sector produced by the Center for Financial Innovation and Cashless Economy…

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Another year is coming, filled with fresh optimism and newfound determination to make 2019 the year when cryptocurrencies take over. Having gotten their calls badly wrong for 2018, so-called experts will be hesitant to make bullish price predictions for 2019. That’s probably for the best since there are far more interesting things to focus on than price action. Here are seven trends that should dominate the cryptosphere over the next 12 months. Also read: Bitcoin History Part 6: The First Bitcoin Exchange 2018 Didn’t Play Out the Way it Was Promised…

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The main story featured in today’s edition of The Daily is an official conformation from the Bitcoin Private team that someone has premined millions of BTCP. We also report about the latest currency pairs made available for trading on the Binance exchange. Also Read: Report: Over 300 British Blockchain Companies Shut Down in 2018 Bitcoin Private Bug Exploited by ‘Bad Actor’ The team behind Bitcoin Private has issued an official statement regarding a Coinmetrics report alleging that there was a covert premine of about 2 million BTCP at the creation of…

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