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| What to Know About the Major Cryptocurrencies Besides Bitcoin The first is that a cryptocurrency can be mined. This involves using a computer to solve increasingly difficult equations. These equations are required to verify transactions and in return the miner receives currency. The transaction records created this way are referred to as blocks, which brings us to the ...
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| Bank of England Looks Forward to Launch Bitcoin-Style Digital Currency This Year In a surprising move, a report by The Telegraph shows that Bank of England is planning to launch "its own Bitcoin-style digital currency" this year. The three hundred years old central bank has further planned to link this digital currency to sterling. As per the reports, Bank of England Governor, Mark ...
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| How 146 currencies fared against the Canadian dollar in 2017 Much like in 2016, the majority of currencies weakened against the loonie in 2017, according to Bloomberg data – most notably, the U.S. dollar. Here is one big chart that sums up the year that just ended. We've highlighted a handful of major currencies for reference. And keep in mind that a negative ...
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| Which Governments Are Hoarding Bitcoin? It's hard for many investors to avoid the hype over digital currencies like bitcoin. The world's largest cryptocurrency by market cap gained about 20 times in value at its highest point in 2017 over the beginning of that year. (See also: Two Things We Learned From Bitcoin's Price Moves.) Although bitcoin ...
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