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James Altucher's 10 predictions about where bitcoin and cryptocurrencies are headed China will invest heavily in another cryptocurrency, but probably not bitcoin. China will want to have a cryptocurrency that is competitive with bitcoin, but under its centralized control. This will, in general, provide legitimacy to all cryptocurrencies. One big problem with cryptocurrencies now is their volatility.
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As Bitcoin Prices Soar, Cryptocurrency 'Unicorn' Coinbase Levels Up With a New Hire To date, Coinbase has raised a total of $217 million, making it the world's most well funded cryptocurrency venture. "We've seen some of our highest trading days ever in the last few days," Hirji says, noting that the volume of activity on Coinbase's exchanges has increased eight-fold since June.
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| Bitcoin warning: Cryptocurrency is paving the way but carries many weaknesses with it Still, this introduction of bitcoin futures could ultimately prove to be harmful to the cryptocurrency should clearing organisations come under stress amid the digital currency's wild swings. Thomas Peterffy, chairman of Interactive Brokers Group argued that allowing bitcoin futures on platforms that clear ...
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| Bank Of France Governor: Bitcoin 'Isn't a Cryptocurrency' Bank of France governor Francois Villeroy de Galhau has said that Bitcoin is not a currency - and not even a cryptocurrency. In remarks at a Beijing conference, Villeroy stressed the need for "clarity" on Bitcoin's status, while introducing an unusual angle which so far has not surfaced as part of the ...
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| Microsoft partners with start-up to launch IoT cryptocurrency market This week in all things IoT, Microsoft sees a blockchain-driven future in connected devices, and IoT in agriculture gets even bigger. There was some more Irish success in the internet of things (IoT) sector this week with news that Wexford antenna provider Taoglas is engaged in the largest city-based ...
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