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Monster Inc, the company which notoriously lost out on Beats By Dre headphones, is planning on launching its very own cryptocurrency. The offering is slated to be called the “Monster Money Token,” according to documents filed with the U.S. Securities and Exchange Commission. Monster also plans on revamping its e-commerce website to let users purchase Monster products with the cryptocurrency.  Need Money? Launch an ICO! Monster Inc is launching an initial coin offering (ICO) and a new e-commerce website to help recover losses it’s sustained over recent years. According to an SEC…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. In rapidly developing blockchain industry the lack of useful dApps is a vivid stopping factor for cryptocurrency mass adoption. There are little to no ways to use BTC, ETH or other crypto except for investments or speculations. Targeting exactly this problem, BCShop.io releases the platform…

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Hitbtc has suspended its services for Japanese residents to avoid any trouble with the country’s financial regulator since it is not authorized to operate in Japan. Users with Japanese IP addresses will be asked to provide their residency information within the exchange’s know-your-customer (KYC) procedure to prove they are not residents of Japan. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Suspending Services in Japan Hitbtc, the world’s eighth largest crypto exchange according to Coinmarketcap, has announced a service suspension for Japanese residents. On its website, the Hong Kong-based…

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On June 3, the price of Bitcoin broke through ten-day highs to once again challenge $8,000 — as multiple investors eye fresh ‘buy’ signals.  Brandt Watches For Sunday ‘Buy’ Chart Data from across major exchanges showed BTC/USD move through $7,700. As of press time on Sunday, it is hovering between $7,720 and $7900. Bitcoin’s newfound support upends a weekly downturn, which saw prices bottom out at $7,096 on May 29. A strong support at $6,900 remains untested since early April. Sources from within the cryptocurrency industry remain hawkish on the…

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The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 4 Crypto and the Impossibility of Knowledge in Planning Bitcoin…is better understood using the conceptual lens of the Catallaxy: participants in Bitcoin spontaneously form a decentralized monetary and financial ecosystem, collectively choosing Bitcoin as a medium of exchange and store of value. Bitcoin is…an irrefutable demonstration of spontaneous order in action. —Francis Pouliot Cryptocurrency is a perfect example of catallaxy and of a remedy for its polar opposite: central planning. The opposites are at war, of…

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According to Pantera Capital Management’s Dan Morehead, now is a good time to buy Bitcoin and other cryptocurrencies. Here’s why. ‘It’s Much Cheaper to Buy Now’ On Thursday — the founder of Pantera Capital, a San Francisco-based investment firm focused on blockchain technologies — told CNBC’s Fast Money that he believes Bitcoin has hit the bottom for 2018. As such, now is the best time to buy. The former chief financial officer and head of macro trading at Tiger Management told the trading-focused show: All cryptocurrencies are very cheap right now…

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Expectations are growing that China will ease its cryptocurrency ban this week after president Xi Jinping called Blockchain part of the “new industrial revolution.” Xi’s Blockchain ‘Breakthroughs’ Commentaries in both the local press and on cryptocurrency social media claim the time is right for Beijing to readdress the ban, which began in September 2017. Xi mentioned Blockchain during a speech at the Chinese Academy of Sciences’ nineteenth annual conference in Beijing May 28. Along with other new technologies, he said that “breakthroughs” were constantly coming, echoing China’s ongoing commitment to…

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What’s the difference between Ripple the company and ripple (XRP) the cryptocurrency? Many people would assert “Not a lot” given that the former owns most of the latter and its founders were responsible for creating ripple in the first place. Ripple the company has other ideas though, and is on a mission to separate the two ripples – big and small – once and for all. Also read: May Breaks 2018’s Down-Trend in Monthly Total Raised by ICOs The Disambiguation of Ripple and XRP For several months, Ripple has been on…

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Estimates are indicating that the total sum of capital raised by initial coin offerings (ICOs) in May exceeded the total sum raised in April – comprising the first month-over-month increase in the total sum raised by ICOs in 2018 so far. Also Read: Markets Update: Slight Comeback Shows Cryptocurrencies Press Forward  Month-Over-Month Performance of ICOs Up for First Time in 2018 According to icodata.io, the total sum raised by ICOs in May has exceeded that which was raised in April – comprising the first instance in which month-over-month gain total for…

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India has no plans to use Venezuela’s cryptocurrency – the Petro – to pay for crude oil imports from the South American country. India is already a regular customer of Venezuelan oil, and it was recently offered a 30% discount on crude oil imports if the government paid in Petro. India’s Cryptocurrency Ban Disrupts Venezuela’s Trade Plan According to reports, India’s Foreign Minister Sushma Swaraj cited the order from India’s central bank stating that the country does not allow trade using cryptocurrency as the reason for India’s position. In April this…

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