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Bitcoin Surge Is Driven by People Leaving Riskier Digital Currencies, Say Execs

Bitcoin Surge Is Driven by People Leaving Riskier Digital Currencies, Say Execs Bitcoin’s dramatic surge may be more than just a speculative frenzy. The recent rally is being driven partially by enthusiasts rotating out of riskier digital assets and into the more established cryptocurrency, according to industry executives. "A lot of the volume into bitcoin right now is actually not dollar or yen or euro into bitcoin, but is rather alt digital assets," said Peter Smith, co-founder and CEO of…

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Top 10 Tips For Cryptocurrency Investing, As Bitcoin And Ethereum Surge

Top 10 Tips For Cryptocurrency Investing, As Bitcoin And Ethereum Surge The price of Bitcoin and Ethereum have exploded in 2017. The question is whether there is sufficient upside potential to consider investing in cryptocurrencies. Stated differently, is it still worth looking into cryptocurrencies as an investment or is it too late? The key consideration is that Bitcoin is not the only cryptocurrency to invest in. On the other hand, Bitcoin has made cryptocurrencies popular and even more secure. Yes,…

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As Price Reaches Record Highs, is Bitcoin in a Capacity Crisis? – CryptoCoinsNews

As Price Reaches Record Highs, is Bitcoin in a Capacity Crisis? – CryptoCoinsNews   Imagine you are slightly late for work, quickly getting a shower, brushing your teeth and all the rest, walking – in an almost running manner – to the tube station, to then find out there are 200,000 people waiting outside to get the train. What’s more, the train only handles 4,000 individuals and arrives every ten minutes, during which period new individuals arrive at a rate…

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Bitcoin Price Breaks $2,000 in Historic All-Time High

Bitcoin Price Breaks $2,000 in Historic All-Time High   Bitcoin price has, for the first time in its history, reached $2,000 and beyond during trading on Saturday. The world’s most prominent cryptocurrency began trading in 2017 at $1,000 per coin, with today’s new all-time high representing a doubling of value for bitcoin. On an average, bitcoin price climbed to $2,040.88 in global trading markets. On the Bitstamp Price Index (BPI), price struck a high of $2,020. Trading leading into Saturday…

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Bitcoin Price Could Double with Scaling Resolution: Hedge Fund

Bitcoin Price Could Double with Scaling Resolution: Hedge Fund   Global Advisors, a U.K.-based investment firm that has developed an investment program to provide market exposure to the price of bitcoin, recently offered an upbeat outlook on bitcoin. The assessment noted that Litecoin’s recent soft fork gives reason to think the scaling solution could be applied to bitcoin, possibly doubling its price. Taking measure of the range of news around bitcoin of late, the Global Advisors’ assessment quoted the late…

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Ripple Market Capitalization Soars, Surges Past Ethereum

Ripple Market Capitalization Soars, Surges Past Ethereum   Ripple tokens have hit a massive upswing in market capitalization over the last day, surging past Ethereum and nipping at bitcoin’s heels. At end of day May 14, Ripple’s market capitalization was at about $8,345,000,000. Ripple continued surging well into the next day at about $11,500,000,000, continuing to climb. This has occurred in an oscillating fashion over the last few weeks, as Ethereum and the blockchain transfer token duke it out for…

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U.K. Land Registry Looks to Register Property on a Blockchain

U.K. Land Registry Looks to Register Property on a Blockchain   Her Majesty’s Land Registry, a U.K. government agency responsible for registering land ownership, has announced it is seeking three non-executive board members as it undertakes a project using blockchain technology to register property. The posting noted that the agency recently committed to making HM Land Registry “the world’s leading land registry for speed, simplicity and an open approach to data.” It referenced the project as the most substantial transformation…

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Bitcoin Value Set to Increase Because of Asian Influence

Bitcoin Value Set to Increase Because of Asian Influence   Like it or not, Bitcoin is on the ascent and the cryptocurrency is in no place close to be done climbing. As the coin turns out to be more standard in Asia and finds more noteworthy acknowledgment in Western socioeconomics, its esteem is certain to surge higher in the mid-term. This is as per investigators like Joseph Young, who demand that market endorsement will be Bitcoin’s most noteworthy driver for…

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Bitcoin Recognised as a Currency in Japan

Bitcoin Recognised  as a Currency in Japan Bitcoin has finally gained the recognition of a mainstream currency along the lines of other fiat currencies. The privilege follows the implementation of a new law in Japan which categorizes Bitcoin as a legal payment option within the country. The much-awaited law went into effect on April 1, 2017 (beginning of a new fiscal year in many countries). With the new law’s implementation, Bitcoin exchanges will also come under additional regulatory scrutiny. The…

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Bitcoin vs Gold: Which is a Better for Long Term Investment

Bitcoin vs Gold: Which is a Better for Long Term Investment   Imagine that you have $100,000 at your disposal. You must spend all of it on either bitcoin or gold – no mixing and matching – and the assets will then be stored in a trust that cannot be accessed again for 50 years. Which option would you choose? With the two commodities now in roughly the same price range, it's worth putting aside some of bitcoin's short-term volatility…

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