Tag: bitcoin trader

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Zcash Outperforms Bitcoin, Ethereum as it Prepares For Blossom

Zcash (ZEC), the privacy-focused cryptocurrency, is set to activate “Blossom,” a code improvement, in a mandatory system-wide upgrade today, and is among the best performing coins on Wednesday and in the past week. At pixel time (12:30 UTC), ZEC, is changing hands at c. USD 31 and traders are decidedly bullish, as the price is…
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Russia’s National Energy Grid Operator Tests Blockchain for Retail Payments

Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. Russia’s national energy grid operator Rosetti is testing a blockchain solution for payments in the retail electricity sector. The system — initiated by Rosseti and developed by the Russian distributed ledger technology (DLT) startup Waves — aims…
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China: Former Central Bank Exec to Reportedly Head New Tech Regulation Division

China’s securities regulator CSRC will reportedly open a tech division that will be headed by the former chief of the central bank’s digital currency initiative. China’s securities regulator is reportedly setting up a tech division that will be headed by the former chief of the central bank’s digital currency initiative. Yao Qian, a former director…
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Bitcoin ‘Can Be’ A Reliable Financial Instrument After All: Mark Cuban

In comments to mainstream media, the Dallas Mavericks’ billionaire owner seemed uncertain about dismissing Bitcoin altogether, despite previous remarks. One of the most outspoken critics of Bitcoin (BTC) has delivered mixed messages about its reliability as a financial asset.  In comments to Forbes published on Dec. 10, Mark Cuban appeared to contradict himself on Bitcoin’s…
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French-Regulated Napoleon Bitcoin Fund Linked to CME Futures

Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin fund, the Napoleon Bitcoin Fund. Paris-based asset management firm Napoleon AM announced the launch of a regulated Bitcoin (BTC) fund, the Napoleon Bitcoin Fund. The company announced in a press release that the fund was created on Nov. 8 and is a…
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Central Bank ‘Parental Controls’ Obsolete for Crypto: Bank of Lithuania

The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets. The Bank of Lithuania said that central banks’ “parental controls” are obsolete when it comes to crypto assets, but that should not prevent them from entering the space in order to understand it. In an analysis dedicated…
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Chinese City Named as Digital Yuan Testbed Launches Blockchain ID

As China gears up for a major blockchain drive, and the expected launch of its digital yuan next year, the city of Shenzhen and one of the country’s biggest banks – China Construction Bank (CCB) – appear to be playing vital roles. Per news agency Xinhua and media outlet the Global Times, local authorities in…
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Ethereum Ice Age May be Imminent If Miners Withdraw From Network

Being an integral part of the Ethereum’s blockchain transition to PoS, the difficulty bomb may pose a threat to miners and projects. The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep the network up until the transition to a…
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Ticketmaster Wants to Use Smart Contracts to Support Millions of Ticket Sales

Ticketmaster discusses plan to use smart contracts to support millions of tickets on stage at ELEV8CON. Speaking at Elev8CON in Las Vegas on Dec. 9, Ticketmaster’s vice president of blockchain products Sandy Khaund discussed the value smart contracts can bring to the ticketing industry, a market expected to reach over $6.23 billion by 2025.   Khaund…
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Binance Defends Matic After Altcoin Dives 60% Due to ‘Panic’ by Whales

A sudden surge in selling pressure causes MATIC token to dive from above 550 satoshis to under 200, leading to accusations of insider manipulation staff deny. Ethereum (ETH) based cryptocurrency payment network Matic has described as “baseless” claims it manipulated the price of its token after it crashed 60% in minutes. In a blog post…
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