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Blockchain Based Copyright Enforcement: Can Kodak Keep up With Copytrack?

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Where we are and what`s ahead – SimpleFX summary of 2017

2017 was undoubtedly the year of cryptocurrencies. First and foremost, we experienced sharp price increases. Bitcoin rose by 1370% but impressive as this rate is, it is still quite modest in compariso...

Blockchain x (Smart Contracts + Tokenization) = Smart Investing Strategies Into Any Asset

Giving a boost to the utilization of cryptocurrencies will untie established use of crypto investments and potentially provide a lot of freedom to token holders. A new investment world for crypto hold...

All aboard the new era for poker! CoinPoker’s ICO Launches on Friday

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Bitcoin Cash Price Technical Analysis – BCH/USD Holding on to Gains

Key Points Bitcoin cash price recovered well from the $1340 low to well above $1700 against the US Dollar. However, this week’s highlighted ...

Bitcoin Price Technical Analysis for 01/19/2018 – Sellers Returning?

Bitcoin Price Key Highlights Bitcoin price looks ready to resume its slide as the descending trend line on the 1-hour time frame is keeping gains...

Video

Cardano’s ADA Could be the Third Largest Cryptocurrency by the End of the Year

It’s Invest Diva’s Kiana with NewsBTC and here is your cryptocurrency update. Today we’re taking a look back at Cardano which was able to erase some of the losses earlier this week on Wednesday. It’s price moved back up to the resistance level of $0.60, up around 7% from Tuesday lows. But it still has a long way to get back up to its all-time high level of $1.26. Last week, Cardano’s ADA token was listed on the futures exchange at BitMEX. This made BitMEX the fifth exchange to list the ADA token since Bittrex did so in October 2017, followed by Upbit, Binance and Coinnest. ADA calls itself the first
third-generation cryptocurrency and aims to tackle scaling and infrastructure
problems of bitcoin and Ethereum. Specifically, Cardano aims to solve problems
related to scalability, interoperability, and sustainability on cryptocurrency
platforms. Cardano is often referred to as the “Japanese Ethereum” and reports
last year indicated that it was being made available in Japan through ATMs and
debit cards. However, Cardano’s ADA has the same flaw as other
cryptocurrencies. It has little to show by way of implementation. Regardless, a
price comparison website, Finder.com has predicted that Cardano will be the
third largest cryptocurrency by the end of the year. In a volatile market like this, only time will tell. Thanks for watching, invest responsibly, and I’ll see
you with more updates next time.

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