Bitcoin is decentralized and the ledger is correct but the structure is inefficient, says Bank of Canada

Bitcoin [BTC] and other cryptocurrencies have been considered revolutionary in the finance and technology industry. Moreover, Bitcoin, currently the largest cryptocurrency in the space and also the very first cryptocurrency, is often hailed as digital gold, and a currency that would give financial freedom to all. The topic of whether […]

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Bitcoin (BTC) Holds Steady Above $3,400, But Analysts Still Believe Further Losses Could Be in Store

Following Bitcoin’s recent drop into the $3,400 region, it has been able to hold support above $3,400 for an extended period of time, which may ultimately prove to be positive for Bitcoin’s price action. It is important to note that Bitcoin (BTC) has not yet been able to break above […]

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BOE Advisor: Crypto Fails Fundamental Tests, But Banks Face Growing Competition from FinTech Companies

It’s no secret that those who are heavily involved in the world’s traditional banking systems have a disdain for crypto, likely because of the many ways the relatively young technology challenges the traditional notions of banking. While offering a somewhat cliché opinion about the cryptocurrency markets, Huw van Steenis, the […]

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Analyst: Bitcoin to Bottom Out At Below $3,000 But Could Easily Achieve 6-Figure Price

Crypto’s most fervent diehards have often been lambasted for their Bitcoin (BTC) price forecasts. Blockchain project promoter John McAfee, the eccentric millionaire behind the cybersecurity company that shares his surname, called for BTC to surpass $1 million by 2020’s end, claiming that he would consume his family jewels if the prediction […]

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Update on Cryptopia Hack: Police Investigation has Commenced but too Early to Conclude

Following the Cryptopia Exchange hack in Christchurch New Zealand, the police have started the investigation with Canterbury CIB and specialist staff from the police High Tech Crime Unit involved in the case. In an update released by the Police an hour ago at the time of writing this article, the […]

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Crypto ETFs Could Become a Reality in Japan; but Is there Substantial Interest? | BTCMANAGER

;Japan’s primary financial watchdog, the Financial Services Agency (FSA), could approve crypto exchange-traded-funds despite abandoning plans to allow Bitcoin futures, a person familiar with the matter told Bloomberg on January 7, 2019. Increasing Interest in Cryptocurrency EFTs in Japan Despite giving up on their plans to allow listing a Bitcoin […]

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