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Last week was a miserable week for Bitcoin and crypto investors as the markets continued to shed their market cap. This week the bears have continued to win the battle against the bulls pushing the price of BTC and most altcoins further South. Questions remain unanswered, what is causing the drop in the markets? And are positive signs on the horizon? The State of Bitcoin The bulls were stampeding in the final months of 2017. The month of December saw Bitcoin approach $20,000. The following month of January saw a…

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They say you get nothing for free in this life, but tokenized projects running airdrops would beg to differ. You can now get a whole lotta crypto assets for free – hundreds of them in fact – simply for signing up and following some social channels. What started as a novelty has become the norm, with a vast number of ICOs now earmarking a portion of their tokens for free distribution. Questions remain though about the legal status of airdropped tokens in an age where anything related to crypto risks…

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Regional news sources report South Korea’s financial authorities are working on legislation to formally allow initial coin offerings (ICOs) in an effort to appear more welcoming to the larger financial technology community. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining South Korea Plans to Make ICOs Legit Online news source The Korean Times reported this week “Financial authorities have been talking to the country’s tax agency, justice ministry and other relevant government offices about a plan to allow ICOs in Korea when certain conditions are met,” it quoted an anonymous…

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Bitcoin is invading the college experience in Illinois as students are flocking to courses that focus on cryptocurrency and blockchain technology. Most college students tend to focus their enthusiasm and energy on courses devoted to their particular major. Classes that fall outside of that purview are often taken due to being easy, allowing students to keep up their GPA. However, a new field of study is proving extremely popular in Illinois colleges, drawing students from multiple disciplines. Professors are reporting that courses devoted to studying Bitcoin and other cryptocurrencies, as…

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According to local reports the Japanese firm Mikan Co. Ltd., creator of the Mikan (英単語アプリ) English language app has announced the beta-launch of a bitcoin cash (BCH) only mobile wallet for iOS and Android. Also read: Mini-POS Launches Zero Confirmation Bitcoin Cash Point-of-Sale Terminal Bitcoin Needs to be a Part of Life The Tokyo based firm, Mikan, has announced the beta-launch of a bitcoin cash wallet called Yenom which will be released in late March. The Japanese company established in 2014 is well known for its app that teaches English words.…

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According to a new study, more than 50 percent of retailers utilizing Square Inc.’s checkout technology would be willing to accept Bitcoin (BTC) as a form of payment. Bitcoin Acceptance on the Rise A Nomura Instinet-conducted survey of roughly 100 merchants in the United States revealed that 60 percent would accept Bitcoin over USD. As reported by Bloomberg, the merchants surveyed spanned various industries and all had a minimum of $100,000 in annual revenue. Roughly 40 percent of those polled fell between the ages of 31 and 40. The willingness…

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According to a recent study of 100 U.S. based merchants that use Square Inc.’s payment technology — a good majority surveyed are open to taking bitcoin as a form of payment. Nomura Instinet surveyed merchants who made at least $100,000 in annual revenue and 60 percent said they would accept bitcoin instead of USD. Also read: Bitcoin Futures Launch in the UK Amid Bitcoin Volatility, 60% of Square Merchants Still Willing to Accept the Cryptocurrency During the first month of 2018, the cryptocurrency proponent and Square CEO Jack Dorsey announced the integration…

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Betrium is a partially-decentralized worldwide betting exchange and sportsbook – developed by MIT and MIPT graduates – which accepts cryptocurrencies and offers low commissions. It also serves as an effective platform for event organizers, developers, and third-party service providers. After an extremely successful pre-ICO round, the Betrium main ICO is set to begin on March 26th and run through April 29th. Unregulated Gambling: A $1 Trillion Industry Last year, the global gambling market totaled roughly $533 billion, and the betting market alone made up $70 billion in global gross yield…

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Despite repeated warnings from the central bank of Indonesia about the supposed risks of cryptocurrency trading, everyday people keep turning to bitcoin in this highly populated Asian country. In fact, soon there will be more traders on just one crypto platform than there are on the local stock exchanges established over a 100 years before it. Also Read: Coinbase Granted E-Money License by UK’s Financial Conduct Authority Bitcoin Is More Popular Than Stocks The Indonesia Digital Asset Exchange (Indodax), founded in 2014 as Bitcoin.co.id, has 1,147,430 members already on board,…

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South Korean prosecutors have searched the offices of three cryptocurrency exchanges suspected of buying bitcoin with money stolen from customers’ accounts. According to authorities, the companies turned up on the radar during investigations of dubious transfers in January. The raids have been conducted this week. Also read: Growing Number of South Korean Crypto Exchanges Participate in Self-Regulation Embezzled Funds Spent on Cryptos Elsewhere South Korean law enforcement officials have raided three companies offering cryptocurrency exchange services, local media reported. The searches have been conducted this week after an earlier investigation…

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