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Ethereum, Bitcoin Prices Rally Despite Sluggish Market

Ethereum, Bitcoin Prices Rally Despite Sluggish Market Bitcoin and ethereum continued to rally on Wednesday, pushing the total value of all cryptocurrencies higher even as the wider markets were mostly red. The bitcoin price punched through $4,500 to set a new all-time high, while the ethereum price looks poised to make a record-setting run of its own. The total cryptocurrency market cap climbed as high as $167 billion Wednesday morning, continuing its August bull run. At present, however, the crypto…

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SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices

SEC Warns Public to Avoid ICO Scams Manipulating Stock Prices The U.S. Securities and Exchange Commission (SEC) has issued an investor alert intended to warn the public about companies using claims about initial coin offerings (ICO) to manipulate their stock prices. SEC: Avoid ICO-Related Microcap Scams The alert, which was published by the SEC Office of Investor Education and Advocacy, specifically focuses on publicly-traded companies who claim to be involved with or investing in ICOs. They allege that companies use…

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Film lays bare toxic impact of our dependence on tech gadgets

CULTUREASIAN FILM Film lays bare ‘toxic’ impact of our dependence on tech gadgets A new documentary from American filmmaker Sue Williams, Death by Design, holds up a mirror to modern consumers, exposing the environmental and health costs of our reliance on devices that have depressingly short lifespans “I could have made it (the film) about plastic bottles or blue jeans, but I wanted to take something that everybody feels really attached to.” Williams tells Asia Times. “I think it’s a…

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Bitcoin Cash – The New King of Cryptocurrency

Bitcoin Cash – The New King of Cryptocurrency Less than a month ago, a few new lines of code and a verbal agreement forked the Bitcoin blockchain, creating a newer, more nimble version called Bitcoin Cash. Since its arrival on Aug. 1, the infant cryptocurrency has more than doubled in value from $300 to a price north of $600, and investors are now wondering if its popularity poses a serious threat to the Bitcoin throne. Bitcoin Cash is essentially a…

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Miners Are Milking Bcash’s Difficulty Adjustments

Miners Are Milking Bcash’s Difficulty Adjustments   Bitcoin Cash (Bcash or BCH) has been more profitable to mine than Bitcoin (BTC) on multiple occasions over the past week or two. This is creating a new dynamic within Bitcoin’s ecosystem — one which is not really beneficial for either coin. In Bitcoin Magazine's previous article on this topic, we explained why Bcash mining should normally not affect Bitcoin too much, aside from the incidental higher fees and slower confirmations. We also…

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Cryptocurrency Trading Helps Make Traditional Wall Street Traders Millionaires

Cryptocurrency Trading Helps Make Traditional Wall Street Traders Millionaires Wall Street’s traders Mike Komaransky and Chase Lochmiller have achieved greater financial success by trading cryptocurrencies like Bitcoin and Ethereum. They’re the only ones withdrawing their funds from stocks. In fact, CNBC reports that many stock traders are pulling out their billions from the stock market. One of the traders, Komaransky, has reportedly done so well that he already announced his retirement at the age of 38 in the summer of…

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Monero Price Up 15% as World’s Largest Cryptocurrency Exchange Prepares Integration

Monero Price Up 15% as World’s Largest Cryptocurrency Exchange Prepares Integration   Monero, the world’s second largest anonymous cryptocurrency, is up 22 percent again today, on August 26. For many years, Monero has been regarded as one of the few cryptocurrencies that is highly legitimate, backed by an experienced and talented development team. It had no pre-sales or controversial mining deals for its miners. The Monero development and community have shown unity since it forked off from Bytecoin, with almost…

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Standpoint Founder – Bitcoin Asset Class Will Grow Into $2 Trillion Market

Standpoint Founder – Bitcoin Asset Class Will Grow Into $2 Trillion Market   Forget $5,000. At a time when many are making short-term bets on the price of bitcoin and other cryptocurrencies, one bitcoin bull is going a step further. Ronnie Moas, founder of Standpoint Research, is making the case cryptocurrencies will not only be a decade-long trend, but a viable asset class. In fact, he's going so far as to call for a massive rise in the market cap…

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1,000 Universities: IBM’s Ambitious Plan to Fill Vacant Blockchain Jobs

There's a staffing problem in the blockchain industry: simply, there are too many open positions and too few blockchain specialists. Now, to help meet that rapidly increasing demand, IBM is partnering with Baruch College, Fordham University, University of Arkansas, University at Buffalo and the University of British Columbia to establish a series of grants, design blockchain curricula and more. In addition, IBM has added new blockchain resources to it's IBM Academic Initiative, an ambitious effort that opens resources from the global tech giant to…

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No it is not New Years Eve but here is a promise I am making

What is it with working online that is so great … the possibility of flexible hours, working on cutting edge technlology projects, meeting thousands of people spread across the globe ??? That of course does happen but at what cost to your sanity? I have met some amazing people online, that is a fact, but I have also met some real assholes and snakes too. From unfilled promises, to downright abuse of trust is the tip of the iceberg. I…

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