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China Rates TRON as the 2nd-Best Cryptocurrency: Why the Optimism?

A government agency in China has rated TRON, the third largest decentralized application (Dapp)-focused crypto project, as the second-best crypto asset in the world behind EOS.The Center for Information and Industry Development (CCID) under China’s Ministry of Industry and Information Technology rated TRON highly in several categories including applicability and

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China Crypto Mining Kingpin Issues Crazy Prediction: Bitcoin (BTC) To Hit $740,000

$740,000 Bitcoin? Over the years, a number of zealots for the crypto ecosystem have made ambitious price predictions. Presidential candidate hopeful John McAfee, who founded the cybersecurity company that shares his surname, once told CoinTelegraph among other outlets that $1,000,000 for each Bitcoin (BTC) is just a “conservative bet.” He attributed

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Enterprise Ethereum Alliance Opens Regional Office in China

The Enterprise Ethereum Alliance (EEA) is opening a regional office in China, according to a press release shared with Cointelegraph on Feb. 14.According to the press release, Weijia Zhang, vice president of engineering at blockchain interoperability startup Wanchain, has been appointed as the head for the new regional office. Zhang

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Ripple Expands Blockchain University Initiative With Partners in US, China & Singapore

Ripple has announced the latest new partners in its global University Blockchain Research Initiative (UBRI), which include universities in the United States, China, Singapore and Brazil. The development was announced in a press release published Feb. 7.As reported, Ripple launched UBRI in June 2018  to support academic research, technical development

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Nvidia Decreases Q4 Revenue Estimates Citing Crypto Mining Decline, Conditions in China

Taiwan-based computer hardware producer Nvidia updated its financial estimates for Q4 for the fiscal year of 2019, according to a press release on Jan. 28.The company is reflecting weaker forecasted sales in its gaming and data center platforms, which comes from excess mid-range channel inventory following the slump in cryptocurrency

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Bitcoin VC: China Tax Reform Could Help Crypto Assets “Bloom”

Since Bitcoin (BTC) established a new all-time high in late-December 2017, the cryptocurrency market has faltered. Since that fateful month, the broader asset class has posted losses that would even make gamblers cringe, as the value proposition of cryptocurrencies has become misconstrued and nebulous at times. Yet, one industry insider

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