Tag: Bitcoin
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Apple’s Steve Wozniak Calls Blockchain a ‘Bubble,’ Thinks Bitcoin Is Still ‘Just Amazing’
byApple co-founder Steve Wozniak believes that blockchain is a bubble similar to that of the dotcom era, but that it could have potential in the future, CNBC reported yesterday, June 26. During the NEX technology conference in New York, Wozniak said that the dotcom era created a similar kind of hype around companies that did not end up delivering on their promises: […]
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Two Crypto Exchanges Introduce New Fee Models, Achieve Record Trade Volume
byTwo cryptocurrencies exchanges have shot to the top of ranking by daily volume on Coinmarketcap today, June 26, after their introduction of a “transaction fee mining” model. Singapore-based CoinBene is now ranked first, with more than $2.1 billion in trading volume over a 24 hour period, with Hong Kong-based Bit-Z in second with about $1.5 billion in […]
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What World Leaders Think About Crypto, and How They Want Decentralization to Bolster Centralized Power
byGiven the apparent sensitivity of cryptocurrency markets to regulatory and political developments, it stands to reason that the world’s leaders — and what they think about crypto — will be vitally important in determining the direction the cryptocurrency market will travel in the future. Many leaders have been willing to sit back over the past few months […]
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Binance Crypto Exchange Issues Risk Warning, Keeps Trading, Withdrawals Suspended
byCrypto exchange Binance is keeping trading and withdrawals suspended due to a risk warning, even after completion of their extended four hour scheduled upgrade today, June 26, according to a support notice from Binance. Binance had posted earlier about the added time of the upgrade, then added an update that the upgrade was complete and trading would begin at 9:30 am (UTC). However, another updatefollowed, noting […]
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Tron: Price Analysis, June 25
byAt the beginning of the year, the total crypto market capitalization had risen above $825 billion, and many expected it to reach trillion dollars during the year. But at press time, June 25, the market capitalization is $236 billion. It is no surprise that interest to cryptocurrencies has decreased. The current investors are experiencing huge losses while […]
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People’s Bank of China Files Patent for Digital Currency Wallet
byThe Digital Currency Research Lab at the People’s Bank of China (PBoC) has filed a new patent this week for a digital wallet that would allow users to track their transaction histories. The patent application was submitted with China’s State Intellectual Property Office (SIPO) Friday, June 22. The new patent outlines how the proposed digital wallet could […]
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Swiss NGO to Accept Crypto Donations for Food, Healthcare, Education for African Children
byCrypto software development program KryptoPal will work with Swiss NGO help2kids to provide software for accepting cryptocurrency donations, according to a press release shared with Cointelegraph Tuesday, June 26. Help2kids provides food, healthcare, and education to children in both Malawi and Tanzania, with 750 kids in the help2kids network in Tanzanian capital Dar es Salaam. KryptoPal […]
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Bitcoin Is “Epidemic of Enthusiasm” Says Nobel Prize Winner Robert Shiller
byBeyond economics, Bitcoin (BTC) is a “social movement” that runs along “generational and geographic” lines, Nobel economics prize winner Robert Shiller told Bloomberg Tuesday, June 26. Shiller, who currently serves as Sterling Professor of Economics at Yale, said that the clear demographics of Bitcoin suggest its popularity is not reducible to “a rational response to new information”: “The East […]
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Controversial Tether Releases $250 Mln in USDT, Twitter Awaits Bitcoin Price Jump
byJeffrey Rogers Stablecoin Tether (USDT), which is allegedly backed 1:1 by the US dollar, has issued 250 million more tokens today, June 25, according to data from Omni Explorer. At the end of March, Tether had released 300 million tokens, leading to a small price increase for Bitcoin (BTC). The move also was met with backlash from critics on Twitter about […]
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Nobel Economist Naysayer Robert Shiller Calls Bitcoin A ‘Social Movement’
byRobert Shiller, the Nobel Prize winner in economics who has called bitcoin a bubble, has observed that bitcoin is a social movement and its popularity in the U.S. varies based on geography, according to Bloomberg. He called it a non-rational response to new information. Speaking on Bloomberg TV with Guy Johnson and Tom Keene, Shiller, an […]
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