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Africa is rarely considered to be one of the larger markets for cryptocurrencies, but with the right factors in place — such as an increasingly tech-savvy populous and inflation triggered by central banks — that might be set to change. Case in point: The surge in popularity of...
Poland’s central bank — Narodowy Bank Polski (NFB)— has admitted to paying for social media campaigns that attacked the legitimacy of cryptocurrencies. The bank spent 91,000 zloty ($27,100) on the campaigns, with the money going to Google, Facebook, and a Polish Youtube partner network called Gamellon, Money.pl reports. The...
The business model most people attribute to initial coin offering doesn’t always hold up. The recent Telegram “ICO” shows how some of these offerings are no longer accessible to the public. Changing the ICO Business Model If Telegram’s recent funding is an example, the concept of an ICO...
Analysts all over the world remain divided on the Bitcoin price topic. This currency’s value will likely soar to $25,000 in the next twelve months, say several respected analysts. What Comes Next for the Bitcoin Price? Bitcoin and other similar currencies have seen a major price drop in...
Key Points Bitcoin price made a nice upside move and traded above $9,000 and $10,000 against the US Dollar. There is a major ascending channel forming with current support at $10,150 on the 4-hours chart of the BTC/USD pair (data feed from SimpleFX). The pair may continue to...
Key Highlights ETH price succeeded in moving higher this past week to trade above $900 against the US Dollar. There is a key ascending channel forming with support at $880 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair may continue to rise as long...
Key Points Bitcoin cash price gained heavily this past week and moved above $1,400 against the US Dollar. There is a crucial bullish trend line forming with support at $1,480 on the 4-hours chart of the BCH/USD pair (data feed from SimpleFX). The pair may decline a few...
Cryptocurrency mining operations come in many different shapes and sizes. 0Running a profitable Bitcoin mining firm requires a lot of hardware and space. For altcoin mining, things are very different. Unfortunately, the Jenkins Miner is not a legitimate operation. Although it is the biggest of its kind, it’s...
The rising popularity of cryptocurrencies is of great concern. Especially when it comes to pump-and-dump schemes, there’s reason to be concerned. As such, the CFTC issued an official warning against this type of market manipulation. They advise customers to avoid such schemes, especially when it comes to small...
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