Leading Crypto Exchange Coinbase Pro Adds Zcash (ZEC)

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The renowned San Francisco-based exchange, Coinbase, announced that it would start accepting deposits in Zcash (ZEC). In a post made on its blog on Thursday, Coinbase said that in the next 12 hours, it would start with actual trading. Obviously, cryptocurrency prices rise significantly when it receives a Coinbase listing. In the case of Zcash, … Continue reading “Leading Crypto Exchange Coinbase Pro Adds Zcash (ZEC)”

Crypto Expert, David Puell, Predicts Bitcoin will Bottom Out this Month

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Bitcoin and crypto market analyst, David Puell, has some heartwarming news for you. You see, while all market forecasts remain mere predictions, which are bound to fail, they are important for sustaining bullish market sentiments. Therefore, despite all the positive predictions about the cryptocurrency market, the crypto winter persists, leading to massive selloffs of cryptos. Still, … Continue reading “Crypto Expert, David Puell, Predicts Bitcoin will Bottom Out this Month”

The Top Five Initial Coin Offerings (ICO) in History

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Mastercoin launched the first Initial Coin Offering (ICO) in 2013. Since then, a plethora of companies have launched successful ICOs, where they issued new crypto tokens. Cryptocurrency- based startups and projects distribute their tokens in return of funding, where the value rise as the company grows. Just in 2017, several blockchain-based startups could raise more … Continue reading “The Top Five Initial Coin Offerings (ICO) in History”

Amazon Quickly Jumping into Blockchain Technology

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Even as the crypto winter persists, online retail giant Amazon remains utterly unperturbed. As a matter of fact, the company sees substantial untapped potential in blockchain technology. On Wednesday, it posted that it was rolling out two new services, including a blockchain-powered service. According to the press release, the blockchain-based service will enable Amazon customers … Continue reading “Amazon Quickly Jumping into Blockchain Technology”

Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption

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On Tuesday, Mohammed El-Erian, the financial services firm Allianz’s chief economic advisor, shared his thoughts on cryptocurrency. Basically, according to him, cryptocurrency will reach universality as part of the broader financial ecosystem. He was speaking at CoinDesk’s Consensus: Invest Conference. El-Erian reiterated his earlier position that Bitcoin is a “commodity” and not a “currency.” However, … Continue reading “Allianz Chief El-Erian Makes a U-turn on Bitcoin Adoption”

South Korea May be Using Blockchain-based Online Voting Shorlty

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If you think that blockchain-based online voting is not possible, you had better think again. True, this is because authorities in South Korea have renewed their determination to evolve the system. To this end, local authorities are looking to experiment with the blockchain in December. This trial is to ascertain the feasibility of reliable and … Continue reading “South Korea May be Using Blockchain-based Online Voting Shorlty”

SEC Chairman Insists Crypto ETF is Prone to Manipulation

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The chairman of US Securities and Exchange Commission (SEC), Jay Clayton, expanded the conversation on crypto Exchange-Traded Fund (ETF) on Tuesday. Indeed, the head of the investment watchdog insisted they would continue to turn down such proposals until market actors address the issue of manipulation. In recent times, the agency dominated crypto industry news for rejecting … Continue reading “SEC Chairman Insists Crypto ETF is Prone to Manipulation”

NYSE Chairman Gives Bitcoin A Thumbs Up

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With the Bitcoin prices dipping to an all time low, people are becoming more suspicious of its future. However, the Chairman of New York Stock Exchange (NYSE) has only good things to say about Bitcoin. Jeffrey Sprecher, CEO of Intercontinental  Exchange (ICE) & Chairman of NYSE, spoke positively about cryptocurrencies. At the Consensus Invest conference … Continue reading “NYSE Chairman Gives Bitcoin A Thumbs Up”

Guide: A Beginner’s Look at Litecoin Mining

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First came Bitcoin, then a slew of other coins, and then Litecoin joined the scene. Just like Bitcoin, Litecoin functions as an online platform where users can send and receive payments. Since Litecoin also works on a decentralized network, its peer-to-peer transactions are not controlled by any monopolistic authority. Compared to its ancestor, there are … Continue reading “Guide: A Beginner’s Look at Litecoin Mining”

NASDAQ and VanEck Team Up to Launch New Futures Contracts

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The leading traditional stock exchange market, NASDAQ, closed a deal with the investment management firm, VanEck. Basically, the deal will have the two partners forge a way of rolling out new crypto financial products including futures contracts. Gabor Gurbacs, the director of digital asset strategy at VanEck, announced the strategic partnership at CoinDesk’s Consensus: Invest … Continue reading “NASDAQ and VanEck Team Up to Launch New Futures Contracts”