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The cryptocurrency bubble is strangling innovation Sure, fine, maybe it's a bubble. OK it's definitely a bubble, but that's a good thing, a bubble brings attention and investment in infrastructure, which breeds real innovation. Right? Look at the dot-com boom. A lot of people lost a whole lot of paper money, but it brought us a cheap worldwide fiber backbone ...
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A Bullish Sign For Bitcoin, Ripple, And Other Cryptocurrencies Meanwhile, other cryptocurrencies rallied in sympathy. Like Ethereum, Litecoin, NEM, Siacoin, and Bytecoin—to mention but a few. Then, as Ripple and other cryptocurrencies corrected in the last couple of days, Bitcoin rallied. "I wouldn't read too much into it," says cryptocurrency expert Kyle Samani.
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BSP urged to address hype on cryptocurrency The Bangko Sentral ng Pilipinas (BSP) needs to extensively address the hype on cryptocurrency sooner or later to make banks comfortable in dealing with digital money or currencies, according to First Metro Investment Corp. (FMIC) President Rabboni Francis Arjonillo. Arjonillo said the BSP will have to ...
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Study: 22% of Bitcoin Investors Used Borrowed Money For Trading, Not Recommended According to LendEDU, a personal loan research firm, more than 18 percent of Bitcoin investors have used borrowed money to trade the cryptocurrency. In a global survey of 672 active Bitcoin investors, researchers asked traders the method they used to fund their cryptocurrency trading accounts.
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President Maduro: Venezuela to Issue First 100 Million Petros The announcement is in line with the previous statements from Maduro that the country would issue an oil-backed cryptocurrency. The country's massive hyperinflation problems have led to widespread lack of trust in the national currency, the Bolivar. This has caused much of the population with access ...
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SEC Warns About Lack of Regulation in Cryptocurrency Markets The cryptocurrency market remains almost entirely unregulated, meaning investors need to be vigilant. Very few governing bodies are issuing licenses to exchanges, and those that are issuing license have only authorized a few. Bitcoin and altcoin prices in the meantime continue to surge, making for a ...
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