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2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices

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On December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin … Read more

Surveys: 73% of Russians Will Increase Crypto Investments

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A recent survey shows that 49% of Russians want to receive cryptocurrency as gifts, with a large percentage specifying bitcoin. As cryptocurrencies grow in popularity, another survey reveals 73% of Russian investors expect to increase their cryptocurrency holdings next year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales 49% Want … Read more

Japan Approves New Bitcoin Exchange as Adoption Grows and Peers Expand Overseas

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The Japanese financial regulator has approved one more cryptocurrency exchange, making it the 16th exchange to be licensed. As competition intensifies, some local exchanges are branching abroad in search for more volume and liquidity. Meanwhile, more merchants are embracing bitcoin. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Another Bitcoin … Read more

China’s Bruno Wu Takes Controlling Interest in Licensed US Crypto Exchange

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Chinese cloud-based solutions service, Seven Stars Cloud Group, Inc. (SSC), announced this week its 27 percent purchase stake of US crypto blockchain exchange Delaware Board of Trade Holdings Inc. (DBOT). SSC is owned and run by entertainment mogul Bruno Wu, who many analysts believe is trying to get in on the near-half a trillion cryptocurrency … Read more

It Came from the East: How Asia Bolstered Cryptocurrencies in 2017

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Bitcoin and the digital asset economy has seen a meteoric rise in value over the course of 2017. Various countries have caught the cryptocurrency fever, but the lion’s share of digital asset demand has stemmed from regions located in Asia. It’s clear from various data recorded all year long that countries like Japan, South Korea, … Read more

Etrade Joins Increasingly Crowded Bitcoin Futures Market

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Etrade, a popular online retail trading platform, has announced it will support Cboe bitcoin futures contracts for its users. The company joins rivals Ally and TD Ameritrade in a bid to capture part of the multi billion USD cryptocurrency market. Also read: United States Olympic Luge Team to Accept Bitcoin Donations Etrade Joins a Crowded … Read more

Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next Month

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Japanese entertainment conglomerate DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, is preparing to launch a cryptocurrency exchange. 7 cryptocurrencies, 14 trading pairs, and margin trading will be offered. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions DMM’s Crypto Exchange Opening January Japanese e-commerce … Read more