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Beyond Blocks Bangkok Organizer: Maturity Replaces Hype on the ICO Scene

It’s a few more days until the next Beyond Blocks Summit begins — this time in Bangkok, Thailand. Bitsonline spoke to organizer and CEO Gabriel Yang about what he expects, and the impact of current conditions on the blockchain and token-focused investing event. Also read: Applying Blockchain to Solve the Funding Problem for SMEs Subscribe to …

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Minimal Movement as Crypto Markets Find New Plateau

FOMO Moments Markets a licking wounds from yearly lows; altcoins clawing back a little. Cryptocurrency markets are flattening out and are not bouncing back. There has been a small recovery since the lowest level of the year a couple of days ago, but nothing significant enough to indicate that the weather is about to clear...

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Bitcoin Price Watch: BTC/USD Buyers Aim $4,950 In Short Term

Key Points Bitcoin price is slowly recovering and it is currently placed above $4,400 against the US Dollar. There was a break above a short term contracting triangle with resistance at $4,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price may perhaps continue to rise towards the $4,760 and...

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SWIFT Partners With MonetaGO to Bring Blockchain to Indian Banking System

SWIFT has announced a pilot program in partnership with MonetaGo to explore distributed ledger technology in its financial messaging service. The company’s Indian subsidiary will experiment the technology with local customers banks which will use a shared distributed ledger network designed to improve the efficiency and security of their products and procedures as well as to meet...

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Bitcoin Cash Price Analysis: BCH/USD Struggling To Surpass 100 SMA

Key Points Bitcoin cash price recovered above $260, but it struggled near 100 hourly SMA against the US Dollar. This week’s key bearish trend line was beached with resistance at $260 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently struggling to gain momentum above the $280 level...

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French Tobacco Shops Authorized to Sell Bitcoin Starting January 2019

Thousands of French tobacco shops will begin selling Bitcoin coupons from January 1, 2019 forward. Commonly known as “Tabacs,” the French corner stores will now offer crypto. Tobacco Shops Will Soon Sell Cryptocurrencies Throughout France 2018 will remain in the history books as the Annus Horribilis for Bitcoin (BTC) enthusiasts and investors. It is the year when the cryptocurrency plummeted from almost USD $20,000 to USD $4,060. The good news is that 2019 is quickly approaching

The post French Tobacco Shops Authorized to Sell Bitcoin Starting January 2019 appeared first on Bitcoinist.com.

Ethereum Classic Price Analysis: ETC/USD Could Recover Above $6.00

Key Highlights Ethereum classic price declined towards the $5.00 support and recovered against the US dollar. There was a break above a key contracting triangle with resistance at $5.55 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently placed nicely above $5.40 and it could correct higher towards...

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Ripple Price Analysis: XRP/USD Facing Key Resistance Near $0.4500

Key Highlights Ripple price is currently consolidating below the $0.4500 and $0.4600 resistances against the US dollar. There is a key contracting triangle formed with resistance at $0.4460 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is preparing for the next break either above $0.4500 or below $0.4280. Ripple...

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The Hidden Benefits of Bitcoin Mining

The energy costs of bitcoin mining are often cited as canceling out the. We must also consider the savings made, in avoiding some of the hidden costs of the alternative. Gold Standard Critics of gold originally made the same arguments — that the mining and storage cost of gold meant paper money was more economical. However, American Economics Professor Roger Garrison points out that society incurs additional costs under a fiat system. The cost of different

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Ethereum Price Analysis: ETH/USD Signaling Positive Bias Above $130

Key Highlights ETH price slowly recovered and moved above the $130 and $132 resistances against the US Dollar. Yesterday’s major bearish trend line was breached with resistance at $132 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to climb towards the $151 resistance level in the near term. Ethereum...

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