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WHY IS SOUTH KOREA SUDDENLY TERRIFIED OF BITCOIN? Bitcoin has been hailed as the greatest technological innovation of our time, yet it seems South Korea, one of the most technologically innovative societies, is now not only giving up its role as a leader in the field but aggressively fighting the trend. Some observers suggest the government has
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Ripple to OVERTAKE bitcoin? Ripple rises as other main cryptocurrencies fall SOUTH Korean regulators discussing implementing tighter regulations surrounding cryptocurrencies hurt the value of most major blockchain currencies, except for ripple Ripple, also known as XRP, is the third largest cryptocurrency in terms of market capitalisation – which refers to a company’s outstanding shares. The
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In 2018, I forecast China will surprise the world (again) and change the crypto world. I personally believe in 2018 China will be the first major country to launch a central bank digital currency (CBDC), and that we will also see a large-scale blockchain implementation in the retail and logistic industry with a blockchain solution
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Cryptocurrency expert kidnapped for $1 million bitcoin ransom On Tuesday, cryptocurrency expert Pavel Lerner was snatched by an armed gang wearing ski masks near his office in Ukraine. It was a kidnap-for-ransom scheme, but with a high-tech twist: instead of asking for easily traceable paper money, the kidnappers demanded to be paid $1 million worth of bitcoins.
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Digital currency ripple soars nearly 56 percent, becomes second-largest cryptocurrency by market cap Officially called XRP, ripple climbed 55.9 percent to a record high of $2.23 Friday afternoon, according to CoinMarketCap. The digital currency had a market cap of $86.3 billion, surpassing ethereum’s $73 billion, according to the website. The start-up owns 61 percent of
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From China to Singapore, Asian countries are increasingly uneasy with the rise of bitcoin Regulators in Asia Pacific have become increasingly uneasy with the rise of cryptocurrencies such as bitcoin. The latest to sound a warning was the Bank of Japan Governor Haruhiko Kuroda, who called the surge in bitcoin prices “abnormal” at a media
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Bitcoin Plunges 25% in 24 Hours in a Cryptocurrency Market Rout Digital currency has lost more than $120 billion of its total market value in less than a week Bitcoin has lost more than $120 billion of its total market value in less than a week, or more than twice the market cap of Tesla
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From Here To Where? Bitcoin And The Future Of Cryptocurrency There’s a number of reasons why cryptocurrencies are so inherently popular. They are safe, anonymous and utterly decentralized. Unlike conventional currency, they are not controlled or regulated by some singular authority, their flow is determined entirely by market demand. They are also nigh impossible to
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6 Possible Explanations Why Bitcoin And Cryptocurrency Prices Dropped So Low Yesterday “Be fearful when others are greedy and be greedy when others are fearful.” —Warren Buffett Until Dec. 22, the world of cryptocurrency felt positively ‘to the moon.’ It seemed like everywhere you looked, your favorite cryptocurrency was hitting new all-time highs with ease,
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Bitcoin has been on a tear this past with the value of the cryptocurrency jumping from $8,000 to nearly $20,000. Well that run hit an abrupt end today as the price crashed as much as 23 percent on Coinbase. The price briefly dipped below $12,000 on some exchanges at around 7:30 am London time. The
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