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Since Square, Inc. added Bitcoin trading capabilities to its payment app, the value of its stocks has increased spectacularly. Dan Dolev, an analyst at Nomura Instinet, believes this ascending trajectory will most likely continue. As a result, Nomura Instinet raised its Square target price to $65 USD. Bitcoin Makes Square Profitable Dan Dolev predicts a “sizable boost” to Square’s revenues and profits in the first quarter, thanks to Square having added Bitcoin trading features on its payment app. Dolev estimates that Square could generate $125 a year in revenue from…

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Bitcoin cash (BCH) is now trading at $1,000 USD, returning the price to levels not seen since late March of this year. Analysts have attributed the spike to after-tax-season liquidity, strong volume, and a passionate and active community supporting the project. Also read: Bitcoin Cash Gains Advance 4% Above BTC Bitcoin Cash Smashes Through $1,000 The price of Bitcoin Cash has rallied to test levels above $1,000 for the first time since March. The move comprises a gain of more than 60% when measuring from early April’s low of approximately $610.…

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The European Parliament has voted in favor of stricter regulations in the crypto sector. Crypto exchanges and wallet providers will be required to introduce customer due diligence procedures, including identity verification. The platforms will have to apply for registration in order to offer their services. The new measures come with the latest update of the EU Anti-Money Laundering Directive.  Also read: 0 to 50% – Time to Pay Crypto Taxes in the European “Union” Under “Closer Regulation” Members of the European Parliament supported on Thursday an agreement reached with the…

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Of all extant cryptocurrencies – over 1,500 – those restricted to mobile platforms, wallets, and exchanges comprise a fairly small portion. Yet despite ERC20 and utility tokens’ dominance in the ICO landscape, there is a high potential for mobile-only cryptocurrencies to democratize mining and dramatically decrease transaction costs. Potentially, this makes mobile-based cryptocurrencies, in aggregate, a foundation for tangible and tractable work to reverse the remaining and foundational problems seen with dominant cryptocurrencies today. The Problem Today’s dominant cryptocurrencies are used mostly by highly tech-savvy users, blockchain companies, and their…

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In theory, hedge funds employ complex investment strategies that should allow them to achieve high returns both in bearish and bullish markets. In practice many fail due to short term thinking and over-leveraged trading. These can be especially costly and not suitable for the young and volatile cryptocurrency market as any long time bitcoin HODLer can tell you.   Also Read: Indian Exchange Takes Central Bank to Court Over Bank Ban Barclay Cryptocurrency Traders Index Hedge fund data specialist Barclay Hedge released its newest index, the Cryptocurrency Traders Index, showing…

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This week as people hear about the peer-to-peer exchange Localbitcoins requiring identification for traders who deal in “significant” trade volumes, many of them are scouring the internet in search of decentralized exchanges that don’t require Know-Your-Customer (KYC) verification. One such trading platform called ‘Hodl Hodl’ launched its beta version this past February allowing traders to swap cryptocurrencies without the need for regulatory compliance protocols. Also read: Bitcoin in Brief Thursday: ICO Scares Investors with Ghost Prank   The Peer-to-Peer Multi-Sig Escrow Exchange ‘Hodl Hodl’ Doesn’t Require KYC Verification There’s a new peer-to-peer…

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GIFcoin continues to sell out at each stage of their ICO, proving that the public is more than ready to be a part of their profit-sharing revolution. There’s no denying that online gambling has a strong allure. Having the chance to earn some money from the comfort of your couch? Who would say no to that? It’s also a great way to relax, which is part of the reason that it’s a billion-dollar industry.  In fact, it made over $500 billion in revenue last year, making it one of the…

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Reports are increasingly indicating that bitcoin’s recent drop of 70% from its December record highs of nearly $20,000 has spurred a renewed interest in the BTC and cryptocurrency markets from institutional investors. Also Read: Markets Update: Broken Trendlines and Bullish Bounces Reports Indicate Influx of Institutional Investment Jeffrey Van de Leemput, an analyst working for Cryptocampus, has attested to the influx of interest from institutional buyers, stating that “serious money is now entering the market for the first time”. Mr. Van de Leemput added that “a couple days ago I helped…

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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. RA Entertainment Inc. is one of the first companies in the world bringing the blockchain and its native cryptocurrency, RAcoin, to the non-digital business sector. Such an ambitious plan has every chance of becoming a revolutionary project, furthering the understanding of blockchain and its applications.…

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Feeling bullish over the latest Bitcoin price action? According to one cryptocurrency hedge fund manager, you should be. ‘It’s a Very Good Time to Buy’ Dan Morehead, CEO of San Francisco-based blockchain investment firm Pantera Capital, says the bottom is in for Bitcoin and the dark days of the bear market are likely in our rearview mirrors. Morehead explained to CNBC‘s “Fast Money” that Bitcoin, the dominant cryptocurrency by market capitalization, has been growing at a rate of 165 percent per year over the five-year span his firm’s been doing business.…

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