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Allure of Excessive Return Does Not Have to Mean You Lose 100% of Your Investment

The exponential growth in crypto markets, especially over the course of 2017, means that even the mainstream media is now covering various events and biggest market announcements. Some of the highlights include the crackdown of crypto trading by various governments, widespread criticism of Bitcoin by financial community (although that has since changed somewhat), the introduction … Continue reading Allure of Excessive Return Does Not Have to Mean You Lose 100% of Your Investment

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Lingerie Tycoon Sells 50 Dubai Apartments for Bitcoin

As Bitcoin and cryptocurrency continues to become more and more viable by the week, one lingerie tycoon and her billionaire boyfriend have recently sold out 50 Dubai developments for Bitcoin. Sold Out Buying homes with Bitcoin is becoming more and more common. Ultimo lingerie tycoon Michelle Mone and her billionaire boyfriend, Doug Barrowman, initially put 50 of their 1,300 developments, located in Dubai’s Science Park, up for sale with Bitcoin — and it didn’t take

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Bitcoin Price Weekly Analysis – Can BTC/USD Break This?

Key Points Bitcoin price rose this past week and moved above the $8,000 level against the US Dollar. There is a crucial bearish trend line forming with current resistance at $8,200 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair has to move above the trend line resistance and $8,900 … Continue reading Bitcoin Price Weekly Analysis – Can BTC/USD Break This?

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Ethereum Price Weekly Analysis – ETH/USD to Correct Lower?

Key Highlights ETH price climbed higher this past week above the $880 level before facing sellers against the US Dollar. There is a major bearish trend line forming with resistance at $860 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is currently correcting higher and it may correct further towards the … Continue reading Ethereum Price Weekly Analysis – ETH/USD to Correct Lower?

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BitGrail Cryptocurrency Exchange Hacked, $170 Million in Nano Allegedly Stolen

Popular cryptocurrency exchange BitGrail has reported a loss of 17 million Nano, valued at over $170 million at the time of the hack. However, conflicting reports are surfacing with some believing the exchange to be insolvent for a number of months. The Hack is Revealed In the past, BitGrail exchange was one of the largest trading hubs for the RaiBlocks cryptocurrency, which has since rebranded to “Nano.” A trip to their homepage redirects users to

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BitGrail Cryptocurrency Exchange Hacked, $170 Million in Nano Allegedly Stolen

Popular cryptocurrency exchange BitGrail has reported a loss of 17 million Nano, valued at over $170 million at the time of the hack. However, conflicting reports are surfacing with some believing the exchange to be insolvent for a number of months. The Hack is Revealed In the past, BitGrail exchange was one of the largest trading hubs for the RaiBlocks cryptocurrency, which has since rebranded to “Nano.” A trip to their homepage redirects users to

The post BitGrail Cryptocurrency Exchange Hacked, $170 Million in Nano Allegedly Stolen appeared first on Bitcoinist.com.

Bitcoin Cash Price Weekly Analysis – BCH/USD Facing Crucial Resistance

Key Points Bitcoin cash price made a nice upside move this past week and traded above $1,100 against the US Dollar. At the moment, the BCH/USD pair is attempting to settle below a major bullish trend line with support at $1,200 on the 4-hours chart (data feed from SimpleFX). The pair may correct lower in … Continue reading Bitcoin Cash Price Weekly Analysis – BCH/USD Facing Crucial Resistance

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Credit Card Companies Spooked by Crypto Scams

As crypto becomes more popular the number of cyber criminals looking for some easy pickings will increase. Online scams are nothing new but the nature of cryptocurrencies means that those without the technical expertise will be additionally vulnerable. Banks and credit card issuers have acknowledged this which may be the reason behind their buying blockade. … Continue reading Credit Card Companies Spooked by Crypto Scams

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What’s Going on with the MyEtherWallet – MyCrypto Takeover?

A rift between the founders of popular Ethereum service MyEtherWallet caused confusion among users this week. Some suspected the project’s official Twitter account was compromised when it suddenly changed name to “MyCrypto”, bringing all followers with it. Meanwhile the original MyEtherWallet (MEW) project continues with its branding and user base, but without the registered company […]

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Pantera Capital CEO: Bitcoin Bear Market About to Turn Bullish

Bitcoin’s bear market got you feeling blue? Well, cheer up! Dan Morehead, the founder and CEO of Pantera Capital, thinks the best is yet to come. The Bear Cycle Is Coming to an End Dan Morehead, the founder and CEO of Pantera Capital, went on CNBC’s Fast Money earlier this week, where he made some seriously bullish statements about Bitcoin and the cryptocurrency market as a whole. Despite Bitcoin’s recent and sharp correction, Morehead thinks

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