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1,200 NEWSSTANDS IN AUSTRALIA NOW SELLING BITCOIN AND ETHEREUM

March J, 2018

1,200 NEWSSTANDS IN AUSTRALIA NOW SELLING BITCOIN AND ETHEREUM As of today, Australians are now able to buy Bitcoin and Ethereum from more than 1,200 newsagents around the continent. AUSTRALIA FOR BITCOIN Buying Bitcoin or Ethereum in Australia is now as easy as walking to the nearest newsstand. Cryptocurrency exchange bitcoin.com.au has launched the convenient service, after installing out the infrastructure in various locations since 2016. Though easier than ever, many individuals still aren’t accustomed to the idea of buying…

Bitcoin Price Analysis – The confluence of bullish continuation

March J, 2018

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Bitcoin Price Analysis – The confluence of bullish continuation Bitcoin (BTC) continues to recover from this years low, set earlier this month. The market cap now stands at US$177.78 billion, with US$3.69 billion traded on exchanges in the past 24 hours. A recent acquisition has been a hot topic of discussion this week, with Circle buying Poloniex for US$400 million. Boston-based Circle is one of three companies that hold a New York bitlicense and also has plans to release a…

Chinese Entrepreneur Warns Against Mining and ICO Bans

February J, 2018

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Chinese Entrepreneur Warns Against Mining and ICO Bans Angel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency sector, in addition to arguing that many of the challenges faced by cryptocurrencies are indicative of the typical “development process” experienced by emerging monetary forms.…

Tesla Billionaire Elon Musk Reveals How Much Bitcoin He Owns

February J, 2018

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Tesla Billionaire Elon Musk Reveals How Much Bitcoin He Owns Billionaire Elon Musk is a huge fan of cutting-edge technology and is usually ahead of the curve when it comes to finance, but he's not a bitcoin bull. The co-founder of Tesla Inc. revealed on Twitter that he owns only a tiny fraction of one bitcoin token. "I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago," Musk confessed. Using today's bitcoin…

Bitcoin Fees Are Down Big – Why It’s Happening and What It Means

February J, 2018

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Bitcoin Fees Are Down Big – Why It's Happening and What It Means $26 down to $3. The average cost of sending a bitcoin transaction is cheaper than it's been in a year and a half, showing the price isn't the cryptocurrency's only unpredictable metric these days. But with all the debate about growing fees, this might come as a surprise. After all, it wasn't so long ago that fees were so high a group of prominent investors and…

Crypto Mining Craze Creates Global GPU Shortage

February J, 2018

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Crypto Mining Craze Creates Global GPU Shortage The cryptocurrency bull run of 2017 attracted multitudes of investors looking to get rich quick but it also created a mining boom that has resulted in a worldwide shortage of computer components. Miners Plunder Singapore, Hong Kong For Cheap Rigs Scores of miners from around the world come to the electronics bazaars in Asia to buy cryptocurrency rigs. Hong Kong’s Sham Shui Po and Singapore’s Sim Lim Square to name just a…

CFTC Warns Against Cryptocurrency Pump-and-dump Schemes

February J, 2018

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CFTC Warns Against Cryptocurrency Pump-and-dump Schemes The rising popularity of cryptocurrencies is of great concern. Especially when it comes to pump-and-dump schemes, there’s reason to be concerned. As such, the CFTC issued an official warning against this type of market manipulation. They advise customers to avoid such schemes, especially when it comes to small and new altcoin markets. It is evident doing one’s research is always the best course of action. In the world of cryptocurrency, pump-and-dump schemes are nothing…

Bitcoin Price Technical Analysis for 16th Feb â One More Hurdle to Clear

February J, 2018

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Bitcoin Price Technical Analysis for 16th Feb – One More Hurdle to Clear Bitcoin Price Key Highlights Bitcoin price has broken past its inverse head and shoulders pattern neckline to show that an uptrend is in the cards. Price is hitting another upside barrier at its descending trend line, though, and this might prompt profit-taking. Technical indicators are also suggesting that the rally is overdone. Bitcoin price is testing the descending trend line on its 4-hour time frame, and moving…

Prices Aside, Crypto’s Tech Stack Is Steadily Improving

February J, 2018

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Prices Aside, Crypto's Tech Stack Is Steadily Improving Rachel Rose O'Leary and Alyssa Hertig Feb 11, 2018 at 14:45 UTC A look at the headlines of late may leave you with a familiar conclusion – with all the ups and downs in the market, it's just too early to take crypto seriously. And it's true, despite the best efforts of even the industry's most notable developers, the world's largest cryptocurrencies remain not just volatile, but difficult (and risky) to…

Russian nuclear scientists arrested for Bitcoin mining plot

February J, 2018

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Russian nuclear scientists arrested for Bitcoin mining plot Russian security officers have arrested several scientists working at a top-secret Russian nuclear warhead facility for allegedly mining crypto-currencies. The suspects had tried to use one of Russia's most powerful supercomputers to mine Bitcoins, media reports say. The Federal Nuclear Centre in Sarov, western Russia, is a restricted area. The centre's press service said: "There has been an unsanctioned attempt to use computer facilities for private purposes including so-called mining." The supercomputer…