Cryptocurrency Analysis and News Portal
Bitcoin may have limited supply, but demand will not be unlimited. Once bitcoin is revealed to be worthless, demand will dry up. | Source: ShutterstockBy CCN Markets: As the resident "Bitcoin Skeptic" here at CCN, it's my job to provide some level – headed arguments about why you should
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Bakkt, a subsidiary of Intercontinental Exchange (ICE), announced this Friday that a launch date for its long-awaited Bitcoin futures has finally been decided: September 23.Bakkt also revealed that it has acquired a New York state trust charter through the New York State Department of Financial Services (NYDFS). The approval is
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Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s most notorious site whose reputation extended all the way to
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A little-known Chinese cryptocurrency Ponzi scheme might be cashing out billions of dollars, which was looted through a scam called “Plus Token” from people from China, Japan and South Korea.Another crypto scam has recently come into the limelight when the venture capitalist Dovey Wan tweeted about Plus Token, a failed
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Sunday, Aug. 18. — Most of the top 20 cryptocurrencies are suffering moderate losses on the day, as Bitcoin (BTC) struggles to stay over the $10,150 mark again.Market visualization courtesy of Coin360Bitcoin price is currently down by 1.79% on the day, trading at around $10,166 at press time, according
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There was a strong drop in bitcoin price below the $10,500 support against the US Dollar.The price is currently correcting losses, but it remains below key hurdles near $10,500.There is a bearish continuation pattern forming with support near $10,080 on the 4-hours chart of the BTC/USD pair (data feed from
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Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the "Dumbest Crypto Tweet Award" for shilling Binance Coin.| Source: ReutersBy CCN Markets: Binance CEO Changpeng Zhao got dragged on Twitter and was nominated for the Dumbest Crypto Tweet Award after he shared a story touting the
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Saturday, Aug. 17 — Most major cryptocurrency markets have seen a slight drop today, with Bitcoin (BTC) falling below the $10,200 price point, according to data from Coin360.Market visualization. Source: Coin360BTC is trading at around $10,197 at press time, down roughly 3% on the 24-hour period to press time.
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Cryptocurrency startup Pundi X announced that its point-of-sale payment gateway (XPOS) will soon be launched in Panama and its surrounding regions. Blockchain development company Chainzilla joined the initiative as a local distributor.Combining cryptocurrency and traditional payments in one terminalOn Aug. 14, CryptoX in Spanish spoke with Chainzilla CEO, Charles
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Photo: ShutterstockThe popularity of Bitcoin is hard to underestimate. Regardless of the cryptocurrency’s volatility, thousands of people are using it on a daily basis.While companies may be taking advantage of Bitcoin to make international payments, investors are playing around with the cryptocurrency in the hopes of making money.Whether you
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