The Basics about Cryptocurrency
In the past few months, Ethereum has climbed up the ranks to become the second largest cryptocurrency. Ethereum efficiently displaced Litecoin which has been holding that position for a very long time to take its place on the list. Litecoin is an altcoin created by Charles Lee. It was released on October 7, 2011. The …
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Bitcoin price was massaged lower in the week leading up to the Fed rates hike announcement, and then eagerly traded up on the day. The chart technicals implied a bull trap and the sound of a can being kicked was its closing bell. This analysis is provided by xbt.social with a 3 hour delay. Read …
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Bitcoin payments processor BitPay Inc. is the latest victim in a series of massive hacking scandals that have rocked the cryptocurrency community. The Atlanta-based Bitpay was hacked on three separate occasions in December of 2014. More than 5 000 bitcoins were stolen. Subsequent to this, BitPay sent a claim to its insurer Massachusetts Bay Insurance …
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Bitcoin in the Headlines is a weekly analysis of bitcoin media coverage and its impact. The bitcoin and blockchain industry have a new major newsmaker: distributed ledger startup R3CEV. Leaving behind a week filled with impressive funding rounds, the coverage over the last few days has been largely dominated by the company’s partnership with nine well-known …
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For the past few days we’ve been championing the suggestion that the (then upcoming) interest rate decision out of the federal reserve could inject some volatility into the bitcoin price. Why? Because the response to any movement or lack thereof in the rate hike had the potential to shift investor sentiment from risk on assets such …
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