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A Dose of Reality? Bitcoin Has a Long Way to Go Before Becoming Mainstream, Says Brian Armstrong

Coinbase CEO Brian Armstrong has suggested bitcoin still needs time before it becomes a global currency. Armstrong shared this opinion, along with other thoughts regarding cryptocurrency, at the Player’s Technology Summit in San Francisco. Also read: Recent Ether Liquidation by ICOs — a Case of Fact-Free Reporting of Non-News? Subscribe to the Bitsonline YouTube channel for great videos …

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Crypto Hodlers Rekt! Xapo’s Ted Rogers Predicts Altcoin Extinction As Bill Harris Sees Bitcoin Headed Toward Zero

Xapo president Ted Rogers claims altcoins are headed toward extinction. Bill Harris says bitcoin is headed to zero. From old fintech to new, doomsday voices are growing louder. Are crypto hodlers rekt? Also read: Smart Legal Contracts Take Step Forward in OpenLaw, ChainLink Meld Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts …

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AT&T Hit With $224 Million Crypto Theft Suit Over Alleged SIM Swap

Crypto entrepreneur Michael Terpin alleges he had three million tokens stolen from himself after his AT&T-serviced cellphone was compromised via SIM swapping fraud, or SIM jacking. Now, Terpin has leveled a lawsuit against the telecom powerhouse seeking $224 million USD. For their part, AT&T has already disputed the crux of the case, with a spokesperson …

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Can Energi Mine and Hotel Cappuccino Undo Crypto’s Environmental Bad Boy Image?

In a move certain to challenge the narrative surrounding the negative image of blockchain technology’s environmental impact, Energi Mine has partnered with Hotel Cappuccino in Seoul’s storied Gangnam district to reward guests for energy-saving behavior. Also read: Coinbase Seeks to Speed up Crypto Adoption Through Communication, Simplification Subscribe to the Bitsonline YouTube channel for great videos featuring industry …

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Bitcoin Interest Spikes in Instanbul Amid Turkish Currency Crisis

Citizens in Instanbul, Turkey’s largest city, began visiting Bitcoin.org in droves in the wake of the politically-driven currency crisis that has rocked the Eurasian nation and its lira over the past few days. That’s per the site’s co-owner Cøbra, who called the spike “MASSIVE.” It’s an interesting trend that casts BTC as an increasingly looked-to redoubt …

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Telos–The EOS Forkin’, Whale Huntin’ Horn in Larimer’s Side

Disgruntled EOS community members are threatening to fork EOS. Telos, led by former EOSIO contributor Douglas Horn, is set to be the first. The Telos whitepaper takes aim at the EOS whales deemed to hold too much power and the block producers that bow to them. Also read: Saudi Arabia Goes Full Anti-Crypto, Bans All Cryptocurrencies …

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Timber! Bitcoin Breaks Below $6,000 & Ether Below $300 as Market Sags Further

As the cryptoeconomy continues its bearish 2018 downswing, bitcoin and ether’s round psychological resistance points of $6,000 USD and $300 USD have respectively been broken through today, August 13th, as virtually all cryptocurrencies are seeing percentage losses into the double digits. The sagging comes as “fiat currencies and equities” are generally up per classical chartist …

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Peter Rizun Says ‘Let’s Wait’ on Bitcoin ABC’s November BCH Fork

This fall, Bitcoin Cash implementers Bitcoin ABC are looking to hard fork BCH in order to “enforce a lexicographic ordering” for “improved scaling.” However, Bitcoin Unlimited Chief Scientist Peter Rizun has publicly declared “[l]et’s wait” on the measure, asserting it may do more damage than good for now.  Also read: Recent Ether Liquidation by ICOs — a …

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Recent Ether Liquidation by ICOs — a Case of Fact-Free Reporting of Non-News?

There has been widespread reporting of recent ether liquidation by ICO teams. A number of cryptocurrency news outlets have reported the dumping of over 100,000 ether — worth around $40 million USD — over the past month. But is it true? And if it is true, is it significant? Also read: Turkish Lira Acutely Nosedives, Putting …

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Bitcoin Dominance Hits 50% As Altcoins See 2018 Lows

Bitcoin dominance has hit 50 percent — a level not seen since the last bitcoin bull run of December 2017. As bitcoin surpasses the 50 percent dominance level, the entire crypto market cap hits all-year-lows. Also see: Debate on Crypto Adoption — McAfee, Wareing, Capo, Neil, Painter Spar Subscribe to the Bitsonline YouTube channel for great videos featuring industry …

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