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Singapore Sees No Reason to Ban Cryptocurrency Trading

Singapore doesn’t view Bitcoin as a threat and claims there is no reason to ban cryptocurrency trading within the city-state. Why so Serious? As China steps up its efforts to eradicate Bitcoin buying and cryptocurrency trading from within its borders, Singapore sees no reason to ban “experimental” cryptocurrency trading in the city-state. The news comes after an extensive review from Singapore’s central bank, who has been conducting studies on cryptocurrencies and their potential risks. Deputy Prime

The post Singapore Sees No Reason to Ban Cryptocurrency Trading appeared first on Bitcoinist.com.

The Chairman Of The CFTC Might Just Have Brought The Bitcoin Crash To An End

The CFTC Chairman just told the Senate Banking Committee he wants to respect the new generation in his approach to blockchain and crypto regulation. On January 6, 2018, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo, sat in front of the Senate Banking Committee and presented testimony on cryptocurrency and blockchain regulation. This is actually testimony that was published in written format yesterday (and that’s available here, for anyone that

The post The Chairman Of The CFTC Might Just Have Brought The Bitcoin Crash To An End appeared first on Bitcoinist.com.

Canadian Regulator Wants Google to Ban ICO and Cryptocurrency Ads

A Canadian regulator wants Google to follow Facebook by banning cryptocurrency ads, as well as ads for ICOs and binary options. If there’s one reflex you can automatically assume from a government entity when confronted with something new, it’s the instant urge to ban. It’s blatantly obvious that most governments are not fans of cryptocurrencies. While some are looking to enact some form of regulation, others are looking to more stringent means. A senior investigator

The post Canadian Regulator Wants Google to Ban ICO and Cryptocurrency Ads appeared first on Bitcoinist.com.

REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69%

Bitcoin may have dropped in price, but its losses are far below many altcoin assets as forks Bitcoin Cash and Bitcoin Gold hemorrhage value. Grim Reading For Bitcoin Forks In an analysis of 63 top cryptocurrencies by market cap, one online commentator drew attention to overall retraction of prices versus their all-time highs. Bitcoin came in 52nd on the list, having dropped 69% as of Tuesday. Bitcoin Cash had fallen a giant 82% to reach number

The post REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69% appeared first on Bitcoinist.com.

REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69%

Bitcoin may have dropped in price, but its losses are far below many altcoin assets as forks Bitcoin Cash and Bitcoin Gold hemorrhage value. Grim Reading For Bitcoin Forks In an analysis of 63 top cryptocurrencies by market cap, one online commentator drew attention to overall retraction of prices versus their all-time highs. Bitcoin came in 52nd on the list, having dropped 69% as of Tuesday. Bitcoin Cash had fallen a giant 82% to reach number

The post REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69% appeared first on Bitcoinist.com.

REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69%

Bitcoin may have dropped in price, but its losses are far below many altcoin assets as forks Bitcoin Cash and Bitcoin Gold hemorrhage value. Grim Reading For Bitcoin Forks In an analysis of 63 top cryptocurrencies by market cap, one online commentator drew attention to overall retraction of prices versus their all-time highs. Bitcoin came in 52nd on the list, having dropped 69% as of Tuesday. Bitcoin Cash had fallen a giant 82% to reach number

The post REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69% appeared first on Bitcoinist.com.

REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69%

Bitcoin may have dropped in price, but its losses are far below many altcoin assets as forks Bitcoin Cash and Bitcoin Gold hemorrhage value. Grim Reading For Bitcoin Forks In an analysis of 63 top cryptocurrencies by market cap, one online commentator drew attention to overall retraction of prices versus their all-time highs. Bitcoin came in 52nd on the list, having dropped 69% as of Tuesday. Bitcoin Cash had fallen a giant 82% to reach number

The post REKT! Bitcoin Forks Lose Up To 99% Versus Highs, Bitcoin Holds At 69% appeared first on Bitcoinist.com.

FUD Storm Continues as China Steps Up Pressure Against Cryptocurrencies

Following false fears of a Bitcoin ban in India, the FUD storm continues as China looks to completely eradicate cryptocurrency trading—but can they succeed? Chinese FUD Strikes Again It’s been a rough month for Bitcoin and the cryptocurrency market. The price of the dominant cryptocurrency has dropped below $8,000, and many altcoins have suffered even more significant losses, following a seemingly endless flood of FUD (Fear, Uncertainty, and Doubt) from mainstream media outlets. Now, it appears

The post FUD Storm Continues as China Steps Up Pressure Against Cryptocurrencies appeared first on Bitcoinist.com.

How Budbo is Using Blockchain Technology to Legitimize the Cannabis Industry

Blockchain technology has the potential to reinvent a huge number of existing global industries, with companies right now trying to shake-up every space, from travel to communication. But it’s not just limited to mainstream sectors. Blockchain technology is also being used to tackle issues that exist in industries that might be considered fringe but, at the same time (and almost as a result of this categorization), can benefit as much or more from a blockchain

The post How Budbo is Using Blockchain Technology to Legitimize the Cannabis Industry appeared first on Bitcoinist.com.

Coinbase Plans SegWit Release ‘In A Few Weeks’

Coinbase has stated its commitment to introduce SegWit compatibility in “a few weeks,” fulfilling a promise made to customers in late 2017. Final Testing Confirmed In a tweet Monday, the largest US exchange and wallet provider repeated claims made late last year that SegWit – as a “feature” – was less of a priority for developers than security and performance. “Our engineering team has begun the final testing phase of SegWit for Bitcoin on Coinbase.

The post Coinbase Plans SegWit Release ‘In A Few Weeks’ appeared first on Bitcoinist.com.

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