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$10 trillion market could be unlocked by crypto and blockchain

According to a recent report released Wednesday by equities analyst Mitch Steves of the Royal Bank of Canada (RBC), there may be the potential to unlock a $10 trillion ecosystem via blockchain technology, cryptocurrency and decentralisation. Within the report, Steves made his case for why decentralisation will be the future …

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Bitcoin.com founder sells his bitcoins

Bitcoin.com Founder Sells Bitcoins

A Bitcoin.com co-founder, Emil Oldenburg of Sweden, has made public his decision to sell his bitcoins and switch to bitcoin cash. In the context of the huge price surge which the cryptocurrency has seen this year, some might be puzzled at Oldenburg’s move to sell. Speaking to BReakit, the Swedish …

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Bitcoin Future Trading Takes Off

Bitcoin Future Trading

Bitcoin future trading has launched in America with the Chicago Board Options Exchange (Cboe: XBT) offering investors the chance to bet or hedge on the upcoming price of Bitcoin across January, February and March. For those unable to invest directly in Bitcoin, it provides a way to trade on the …

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Bitcoin prices – why do they fluctuate so much?

Since the inception of Bitcoin in 2009, its price has fluctuated dramatically, although the overall trend appears to be of increasing value. However, the cryptocurrency is still in its nascent phase and its price fluctuations are driven by many factors. Here are some of the main factors influencing the price …

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What is a Cryptocurrency?

Cryptocurrency - The Digital Coin

The Basics of Cryptocurrency Once the stuff of dreams, cryptocurrencies have become some of the world’s highest yielding investments. Even music CDs now come with cryptocurrency add-ons and bonuses. But few people understand what they are, where they come from, and what they mean for companies, governments and society as …

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Bitcoin sets new record smashing through the $12,000 mark

Bitcoin Smashed $12k

The price of Bitcoin has been on an impressive upward rise over the last few months making historic gains, and it has just broken another record – The leading cryptocurrency on the market smashed through the $12,000 barrier in December. At 11:33 AM Hong Kong time, Bitcoin was trading for …

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CryptoKitties Craze Slowing Down Ethereum Transactions

CryptoKitties are the latest virtual craze

Virtual kittens, the latest craze in the world of cryptocurrencies is slowing down the transactions on the second biggest virtual currency, Ethereum. Cryptokitties allows players to breed and buy so called “crypto-pets” on Ethereum’s blockchain network. The game’s developers told the Bloomberg news agency that CryptoKitties was a “key step” …

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What is a Bitcoin Mining Pool and why join one?

Bitcoin Mining Pool

If you are thinking of entering the world of Bitcoin mining or recently have, you may have come across a Bitcoin Mining Pool. However, it may not be overly clear what they are and why they might be a good idea to join, which is where this article will help. Bitcoin …

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Bitcoin to consolidate at $8,000 according to Goldman Sachs

Bitcoin continued its upward trend earlier this month to reach record highs, breaking the $7,000 barrier. As unexpected as this may be, banking giant Goldman Sachs has recently issued its prediction, stating that the cryptocurrency is set to consolidate at around $8,000. Vice president of Goldman Sachs’ FICC market strategies …

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Why is Jamie Dimon obsessed with BitCoin?

JPMorgan Chase Logo

Jamie Dimon, chief executive of JPMorgan Chase, doesn’t like Bitcoin and he doesn’t care who knows it. That makes it ironic that, of all the big players in finance, Dimon has probably done the most to keep Bitcoin in the headlines and stoke excitement in the currency among the investment …

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