The Financial Times reported that Mizuho Financial Group and Japan Post Bank are forming a consortium to launch a domestic digital currency: the J-Coin. The idea is to make Japanese people less dependent on cash and fiat money. According to FT, the Japanese consortium plans to launch the financial innovation just in time for the…
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Angel’s List reported that cryptocurrency job opportunities have increased by over 100% from March up until now. As Bitcoin price levels are going up and down constantly, the hunger for cryptocurrency jobs is going up with a tremendous speed. According to The Next Web, the current pay for crypto jobs is around 10-20% higher than…
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Bitcoin has outperformed all other asset classes and investments possible, with cumulative annual growth of around 500%. Although the currency is fluctuating between $3,000 to almost $5,000 per coin in the last several weeks, it is undeniable that bitcoin has grown to tremendous values and the trend is expected to continue. With these statistics in…
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The State Duma, Russia’s lower house of the Federal Assembly, announced that it may initiate a special bill in October that will regulate the trade of digital currencies, as reported by Jens Kalaene at RT. As many other big “players”, like China, are now trying to get hold of the overwhelming popularity of cryptocurrencies, with…
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As reported by Frank Chaparro at Business Insider, Nicholas Gelfman, a head trader at Gelfman Blueprint, a company based in New York, solicited $600,000 from around 80 clients, essentially forming a Ponzi scheme with Bitcoin. According to CFTC, certain investors came in to Gelfman firm, gave him money “for placement in a pooled commodity fund…
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The startup incubator who helped numerous Silicon Valley giants is now helping people invest in new businesses via the use of blockchain. According to Brad Jones from Futurism, Y Combinator is now searching for ways to expand its investment access and opportunities. The president of Y Combinator, Sam Altman, said that the process needs to…
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On Thursday, 21st September, Bitcoin is again falling down, experiencing a 6% loss and trading at $3,656, as fear is amassing as China announced the crackdown of the digital currency. Last week, as China announced that its domestic exchanges will shut down bitcoin trading, the price went down to $3,000. That was the biggest drop…
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As reported by Bloomberg today, Bitcoin is facing another possible split in November, which would mean that the world will have three different versions of the cryptocurrency. With the growing popularity of the currency, miners and developers seek new ways to diversify the increasing “hunger” of the population. One of the “Bitcoin gurus”, Roger Ver,…
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When China announced that all its domestic exchanges will stop trading Bitcoin from September 30th this year, the digital cryptocurrency markets have seen a huge dip in prices: Bitcoin alone was down with 40%, Ethereum with 10% and overall, last week was a "bearish" one for the "people's currencies". Just before the ban, the Initial…
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According to CoinDesk, the US Senate passed a $700 billion defense bill that includes a mandate for the Department of Defense to conduct a study on blockchain and the technology behind it. On September 18th, along with the US military defense spending budget, an amendment suggested by Senator Rob Portman of Ohio, proposed a potential…
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