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Forbes Publishes ‘First-Ever’ Richest People In Cryptocurrency List

Forbes Publishes ‘First-Ever’ Richest People In Cryptocurrency List

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Please share if you find this article interesting. Forbes Publishes ‘First-Ever’ Richest People In Cryptocurrency List Forbes, known for its “World’s Billionaires List”, published a list of the richest people in cryptocurrency for the first time, Tuesday Feb. 6. The goal of publishing such a list, according to Forbes Editor Randall Lane, is to “[provide] a snapshot of a pivotal moment, part of the transparency needed to pull crypto away from its provenance as the favorite currency of drug dealers and into the adolescence of a legitimate asset class.” While compiling a list of the world’s traditional billionaires is a relatively straightforward task, calculating the exact amount of wealth of the world’s richest crypto tycoons is more difficult. Cryptocurrencies are by definition
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What Reasons Are Left to Buy Bitcoin Today?

What Reasons Are Left to Buy Bitcoin Today?

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Please share if you find this article interesting. What Reasons Are Left to Buy Bitcoin Today? There is little doubting why, in the run up to Bitcoin all time high of $20,000, people were entering the cryptocurrency market. There was a promise of massive growth, potentially huge returns on investment, and a story already told of missing out as an early adopter. People thus flooded the market, entering for all the wrong reasons, really. However, this created a massive spike in interest and a massive spike in price. Things have changed somewhat now, with Bitcoin heading towards $6,000 rather than above $20,000, and this has caused a huge sell off as investors now flood out of the market. But what reasons remain today for people to buy Bitcoin? Get in for the right reasons The issue...
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Forbes’ Inaugural Crypto Rich List Is Crass Yet Compelling – Bitcoin News

Forbes’ Inaugural Crypto Rich List Is Crass Yet Compelling – Bitcoin News

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Please share if you find this article interesting. Forbes’ Inaugural Crypto Rich List Is Crass Yet Compelling - Bitcoin News Economics Ogling the fortunes of the filthy rich is a popular pastime with the poorer segments of society. It’s been that way for centuries, with 1849 marking the debut of Who’s Who, a 250-page guide “of living noteworthy and influential individuals, from all walks of life, worldwide.” In more recent years, Forbes has picked up the baton with its annual Rich List which reveals how the 1% are faring. Predictably, the U.S. publication has now launched its own crypto edition for the community to pore over. One name who doesn’t make the list, though, is the most famous and moneyed of all – Satoshi Nakamoto. Also read: You Can Now Buy Luxury Stuff With Bitc
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Leading Australian Banks Allow Customers to Purchase Cryptocurrencies

Leading Australian Banks Allow Customers to Purchase Cryptocurrencies

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Please share if you find this article interesting. Leading Australian Banks Allow Customers to Purchase Cryptocurrencies Regulation Three of Australia’s ‘big four’ banks have issued comments regarding their respective policy positions with regards to their customers’ ability to purchase cryptocurrency using accounts issued by said banks. The statements come weeks after reports surfaced detailing an apparent banking embargo on the part of Australian banks targeting cryptocurrency businesses. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners ANZ and Westpac Allow Customers to Purchase Cryptocurrency for Now According to the Australian Broadcasting Corporation, a spokesperson representing Australia and New Zealand Banking Group (ANZ) stated that the bank “does n
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China Lines Up its KO Punch, Will it Work?

China Lines Up its KO Punch, Will it Work?

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Please share if you find this article interesting. China Lines Up its KO Punch, Will it Work? China has not had the steadiest relationship with Bitcoin. Once, it was the center of the cryptocurrency universe, until it got too big for its boots and starting drawing attention from the controlling government. The bans came, first for ICOs then for exchanges, yet, this only slowed rather than stopped the growth of Bitcoin in general, and cryptocurrencies as a whole, in the People’s Republic. The idea was to stamp out Bitcoin and its affiliates as the Chinese government took exception to this freedom of money and the movement of it over the borders. However, even though these bans were unprecedented and harsh, they never really laid the killing blow. Total Blackout The idea is now tha
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New Research Suggests Ripple Is Even More Centralized Than Previously Thought – Bitcoin News

New Research Suggests Ripple Is Even More Centralized Than Previously Thought – Bitcoin News

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Please share if you find this article interesting. New Research Suggests Ripple Is Even More Centralized Than Previously Thought - Bitcoin News Altcoins Despite being associated with cryptocurrencies such as bitcoin and ethereum, ripple’s status as a decentralized currency is a matter of dispute. Critics have taken aim at XRP for years, claiming that Ripple exerts an unprecedented degree of control over transactions, something the company has always denied. A new report from Bitmex Research, whose cryptocurrency analysis carries great weight, suggests that ripple may be even more centralized than previously thought. Also read: The Rise and Fall of Ripple is a Case Study in Mass Hysteria Bitmex Goes Forensic On Ripple The Bitmex blog, operated by the exchange famed for its 10
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Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank

Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank

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Please share if you find this article interesting. Cryptocurrency Regulation ‘Not High On To-Do List’ Says European Central Bank The European Central Bank (ECB) has moderated its stance on cryptocurrency regulation Wednesday, Feb. 7, describing it as “not exactly very high on its to-do list” in a brief interview with CNBC. The ECB’s Chair of the Supervisory Board Daniele Nouy added that although she had “no clue” whether new regulatory moves on crypto would come from Europe in the future, involvement of ECB-regulated banks in the sphere was “very, very low”. “We scrutinize the issue in a regulatory perspective, we are ready to do something if it was needed, but so far it's not exactly very high on our to-do list,” she told the network. The comment come ahead of an increasingly-a
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Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price – Bitcoin News

Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price – Bitcoin News

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Please share if you find this article interesting. Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price - Bitcoin News News According to reports on Tuesday, a large quantity of U.S. media outlets were sent an email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The message contained a phony invitation to a press conference between the media, the PBOC, and the Hong Kong Monetary Authority (HKMA) and said it would “crack down” on all aspects of bitcoin services between mainland China and Hong Kong. Also Read: Dignitaries, Pundits, and Bigwigs Reveal Their 2018 Crypto-Predictions A Mass Email Sent to U.S. Media Claimed Another Chinese Bitcoin ‘Crack Down’ Was Coming Yesterday around 9 am EDT a press invitation and summary o
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Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners – Bitcoin News

Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners – Bitcoin News

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Please share if you find this article interesting. Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners - Bitcoin News Featured Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission began in earnest at the United States Senate Dirksen office building Tuesday, 6 February. The Committee on Banking, Housing, and Urban Affairs summoned respective Chairs of the US Securities and Exchange Commission (SEC) and US Commodity Futures Trading Commission (CFTC) to testify in open session on cryptocurrencies, less than 24 hours after one of the worst crashes in ecosystem history. Also read: Market Risk Advisory Committee: Bitcoin Futures Self-Certification Works Senate Asks if SEC and CFTC A
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Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln

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Please share if you find this article interesting. Crypto Experts Predict 2018 Bull Run: Bitcoin To $50k, Overall Market Cap To $1 Trln Following a volatile few days in the crypto markets this week, with Bitcoin (BTC) dipping below $7000 for the first time since November, several crypto experts have predicted an overall bull run. Experts told CNBC today, Feb. 7, that the total market cap of all cryptocurrencies could reach $1 trillion and that BTC itself could hit $50,000 by the end of this year. Jamie Burke, CEO at Outlier Ventures, Europe’s first Blockchain-based incubator, told CNBC that the predicted bull run will be followed by a general settling down of the market: "We believe after February the market will likely go on a bull run comparative if not greater than last year