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Former Yunbi COO Shares Outlook for Bitcoin Markets After China’s Crackdown

Former Yunbi COO Shares Outlook for Bitcoin Markets After China’s Crackdown

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Former Yunbi COO Shares Outlook for Bitcoin Markets After China's Crackdown News Lao Mao, the former chief of operations for the Chinese cryptocurrency exchange Yunbi, has posted a statement outlining his outlook for bitcoin’s future both in China and globally moving forward from China’s crackdown. Also Read: Chinese Miners Sell Hardware Amidst Regulatory Uncertainties Lao Mao States That China’s Recent Regulatory Maelstrom Will “Only Leave a Small Mark” on the Cryptocurrency Markets The former COO for Yunbi expressed his belief that the blockchain and cryptocurrencies industries will continue to exhibit growth in spite of a reduced Chinese market presence. Lao Mao states that blockchain and cryptocurrency “world will continue to move forward” despite “China’s regulatory storm
CryptoGirl
Could Bitcoin’s Bubble Lead to Long Crypto Winter?

Could Bitcoin’s Bubble Lead to Long Crypto Winter?

BITCOIN
Could Bitcoin’s Bubble Lead to Long Crypto Winter? In the mad mania for cryptocurrencies, there are some dissenting voices from old timers, calling this irrational exuberance. Could a crypto winter be in the offing? Eerie similarities to 2013 A year after the block reward halving, with media buzzing about Bitcoin, and a multifold increase in price - this is not just a description of 2017 but also perfectly fits 2013. After the block reward halving in 2012, the price of Bitcoin shot up during the following year. The price increased from around $13 at the starting of 2013 to a peak of over $1200. The reasons for this jump are manifold (including the bots  - Willie and Markus, which bought Bitcoins on Mt. Gox), but the almost 100 fold increase in price was unprecedented. The 500% incre
CryptoGirl
With Bitcoin’s Price Above $6000 USD, Satoshi Nakamoto Should Be on Forbes’ Rich List

With Bitcoin’s Price Above $6000 USD, Satoshi Nakamoto Should Be on Forbes’ Rich List

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With Bitcoin's Price Above $6000 USD, Satoshi Nakamoto Should Be on Forbes' Rich List Economics Bitcoin’s recent spike above $6000 USD has elevated the estimated value of Satoshi Nakamoto’s holdings to more than $6 billion USD, qualifying the anonymous creator of bitcoin for Forbes’ list of richest individuals. At current bitcoin prices, Satoshi Nakamoto’s estimated 1,000,000 bitcoins would place bitcoin’s founder at number 237 on Forbes’ list. Also Read: Ross Ulbricht’s 144,336 Bitcoins Satoshi Nakamoto’s Bitcoin Stash Is Worth Approximately $5.978 Billion USD The value of Satoshi Nakamoto’s estimated 1,000,000 bitcoins would place the anonymous creator on Forbes’ list of wealthiest individuals. Based on the estimated value of Satoshi’s holdings, which at the time of writing i
CryptoGirl
What Lessons Can Be Learnt From Tezos ICO Debacle

What Lessons Can Be Learnt From Tezos ICO Debacle

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What Lessons Can Be Learnt From Tezos ICO Debacle Our London Correspondent Nick Ayton, the Sage of Shoreditch, explores the infighting at Tezos that reveals the ICOs structural challenges. It looks like the SEC will demand Tezos’ founders refund investors’ money...all $232 mln of it. Apparently there are some deep seated personal and structural issues with how the token sale was structured, marketed and executed that will be a lesson for us all. Why were some investors allowed to exit with profits? How was the $150m valuation arrived at? What was Tim Draper’s role? Were investors simply misled or did the founders rely on hype and dumb people…? And the big one, is the Tezos token really a security? And why was the token not registered with the SEC? Tezos, a kick in the teeth for Inve
CryptoGirl
Algorithmic Trading Platform Quantconnect Extends Reach to Cryptocurrencies – Bitcoin News

Algorithmic Trading Platform Quantconnect Extends Reach to Cryptocurrencies – Bitcoin News

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Algorithmic Trading Platform Quantconnect Extends Reach to Cryptocurrencies - Bitcoin News News The GDAX exchange, owned and operated by the firm Coinbase has just announced integration with the popular algorithmic trading platform Quantconnect. Now cryptocurrency traders can utilize Quantconnect’s trading algorithm interface to execute a swathe of exchange strategies. Also read: An Introduction to Bitcoin Trading and Technical Charts Identify, Backtest and Research New Quants With GDAX and Quantconnect Algorithmic trading has been used within trading exchanges since the seventies by using computers to follow the flow of financial markets. The method allows the execution of orders that are automated, and pre-programmed to adjust with price variables, time, and trade volumes. Al
CryptoGirl
MasterCard Announces Blockchain B2B Payments Despite Rejection of Bitcoin

MasterCard Announces Blockchain B2B Payments Despite Rejection of Bitcoin

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MasterCard Announces Blockchain B2B Payments Despite Rejection of Bitcoin MasterCard recently announced a way for businesses to make direct business to business (B2B) payments over their Blockchain technology-based network. The company has dubbed its offering “MasterCard Blockchain API,” and it will be debuted at the Money 20/20 Hackathon in Las Vegas in a few days. Testing and validation have been completed, and the tech will officially be ready for customers’ use beginning next week. The announcement is a bit ironic after the company’s wholesale rejection of Bitcoin. I guess as the old saying goes, “monkey see, monkey do.” Advantage Blockchain Blockchain technology has been raised as an excellent option for B2B transfers for a multitude of reasons. Blockchain transfers are fully p
CryptoGirl
Survey Respondents Say Bitcoin to Reach $10,000 – Bitcoin News

Survey Respondents Say Bitcoin to Reach $10,000 – Bitcoin News

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Survey Respondents Say Bitcoin to Reach $10,000 - Bitcoin News Markets and Prices What a difference just a few months make. Once viewed as a plaything for cryptoanarchists and cypherpunks now has become the talk of professional investment communities and media. As of this writing, bitcoin (BTC) has touched 6,000 USD in price. A recent survey suggests $10,000 per BTC is not out of the question.  Also read: The Price of Bitcoin Touches New Highs Reaching the $6K Mark $10,000 Not as Crazy as Once Thought Consumer News and Business Channel (CNBC) ran an unscientific survey, polling its online readers with the question, “Where does bitcoin go from here?” CNBC is owned by Comcast Corporation (Comcast), the US-based worldwide telecommunications conglomerate. By revenue, it is the lar
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Over $1 Million in Bitcoin Swaps and Options Traded on Ledgerx in its First Week – Bitcoin News

Over $1 Million in Bitcoin Swaps and Options Traded on Ledgerx in its First Week – Bitcoin News

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Over $1 Million in Bitcoin Swaps and Options Traded on Ledgerx in its First Week - Bitcoin News Finance Federally regulated exchange and clearinghouse, Ledgerx, is now live. Within its first week of a soft launch testing period, it has already traded over $1 million in bitcoin swaps and options. Also read: CFTC Approves First Regulated Bitcoin Derivatives Exchange and Clearinghouse Ledgerx is Live! Bitcoin derivatives trading platform and clearinghouse, Ledgerx, announced on Friday that it has completed over $1 million bitcoin derivatives trades within one week of its soft launch. Trading on its platform began on October 16. The platform offers the trading and clearing of physically-settled put and call options and day-ahead swaps. CEO Paul Chou wrote, “institutions who have go
CryptoGirl
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin: Price Analysis, October 21

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin: Price Analysis, October 21

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Bitcoin, Ethereum, Bitcoin Cash, Ripple, Litecoin: Price Analysis, October 21 The views and opinions expressed here are solely those of authors/contributors and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. * BTC/USD, ETH/USD and LTC/USD market data is provided by the HitBTC exchange.   Only a few months back, the market capitalization of the whole cryptocurrency universe crossed the $100 bln mark. Now Bitcoin alone has crossed the $100 bln mark. In doing so, it has increased its dominance to 58.5 percent, a level last seen in May this year. This shows that money is pouring into Bitcoin, whereas altcoins are getting hammered. At some point in the near future, on
CryptoGirl
PR: Well-Connected Travel Experiences on the Blockchain with TripAlly – Bitcoin News

PR: Well-Connected Travel Experiences on the Blockchain with TripAlly – Bitcoin News

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PR: Well-Connected Travel Experiences on the Blockchain with TripAlly - Bitcoin News 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. TripAlly is a unique platform for travelers, with a principal aim of making your journey smooth and hassle-free. TripAlly addresses the major pain points of the travel industry: Internet Connectivity, Currency Exchange, Transportation and Entertainment. The TripAlly Way One of the most common problems for travelers is staying connected to the internet. As one of TripAlly’s core services, they are