Google Cloud Partners Up with Blockchain Startups

Google Cloud Partners Up with Blockchain Startups

The internet giant, Google, has a pretty ambiguous relationship with crypto. On the one hand, the company banned crypto-related ads back in June; and on the other, its co-founder Sergey Brin occasionally mines Ethereum. Now, a new amorous layer has been added to this complicated liaison. Google has announced on new collaborations with two crypto startups that will bring distributed ledger technology (DLT) solutions on Google Cloud Platform (GCP) to developers so they could “explore…

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The Bears Are Here: No Belief in Bitcoin, Will Fall to $5,000

The Bears Are Here: No Belief in Bitcoin, Will Fall to $5,000

Last week we presented two experts who expressed optimism regarding Bitcoin, so now it’s the time of the pessimists; and similarly to last week, this time we also have one billionaire hedge fund manager and one prominent crypto investor. Evidently, they come in pairs. Ken Griffin, the billionaire manager of the hedge fund Citadel, asserted in an interview that not he nor his firm’s managers believe in Bitcoin specifically, or in cryptocurrencies in general. “I…

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Study: Traditional Banks Can Reshape the Cryptocurrency Market (and May Kill It)

Study: Traditional Banks Can Reshape the Cryptocurrency Market (and May Kill It)

If banks would issue digital currencies of their own, it could “reshape” the entire crypto-market by adding more competition, a new study by the European Parliament Committee of the European Union (EU) has found. The downside, however, is that banks could also thus suppress and crush their decentralized cryptocurrency competitors. The study, labeled “Competition issues in the Area of Financial Technology (FinTech),” analyzes the current FinTech industry based on new start-ups, traditional financial institutions and…

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BitForex Manipulated CoinMarketCap’s Data for Higher Exchange Ranking

BitForex Manipulated CoinMarketCap’s Data for Higher Exchange Ranking

One of the most necessary means for crypto investors or just crypto enthusiasts is objective and accurate measurement tools that can paint a reliable picture of the different elements in the field. One extremely popular website that offers such a picture is CoinMarketCap, but recently it was revealed that the site’s data had probably been manipulated. In a thorough and meticulous article, Crypto Exchange Ranks elaborates how the crypto-exchange BitForex managed to insert itself into…

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As Bitcoin Price Surges, More Experts Express Optimism

As Bitcoin Price Surges, More Experts Express Optimism

So far this week, it has been a fantastic time for Bitcoin. The most popular cryptocurrency has jumped from around $6,250 to (as of July 19th) about $7,400 – 18%+ rise in just several days. The exact reason behind this price ascension is not really clear, which might indicate that it has more to do with strong technical indicator signals rather than particular cause. Coincidentally or not, more reputable investors and experts also expressed their…

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Kodak KashMiner – Not Kodak, No Cash, No Miner

Kodak KashMiner – Not Kodak, No Cash, No Miner

The crypto world is full of odd and bizarre stories, but every once in a while you still find yourself scratching your head in utter bewilderment, as it is the case with “KashMiner” – a supposedly Kodak-branded Bitcoin mining equipment. If you walked next to the official stand of Kodak at the CES annual trade show all the way back in January, you probably noticed a little piece of interesting tech equipment with the Kodak…

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The CFTC: Conduct Thorough Research before Purchasing Virtual Coins or Tokens

The CFTC: Conduct Thorough Research before Purchasing Virtual Coins or Tokens

Initial coin offerings (ICOs) can be a great way for legitimate startups to raise funds by allowing crypto-communities to take part in the projects as well. But, of course, there is a crucial necessity for potential participants to conduct their proper due diligence in such projects just like any other projects from other fields. This is essentially the new advice and warning, succinctly put, that the U.S. Commodity Futures Trading Commission (CFTC) has issued for…

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The Mueller Investigation: Russia’s Bitcoin Purchases, Mining and Money Laundering

The Mueller Investigation: Russia’s Bitcoin Purchases, Mining and Money Laundering

One of the most pressing issues in American politics right now that could have historic and global consequences is the Special Counsel investigation, which is led by the former FBI director Robert Mueller (and therefore often dubbed as the Mueller Investigation). The investigation probes the Russian interference in the 2016 U.S. presidential elections, and also attempts to determine if there were illicit connections between the Trump campaign and agents of the Russian government. Now it…

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Bitcoin Price Predictions: Bears vs. Bulls

Bitcoin Price Predictions: Bears vs. Bulls

If there’s something more volatile in the crypto world right now than the price of cryptocurrencies, it’s the predictions of the price of cryptocurrencies. Over the past week or so, several prominent economists and experts weighed in on the price of Bitcoin – and the predictions varied from awfully bearish to exceptionally bullish. The Bears On the foreboding-view side, three acclaimed American economists reiterated their pessimism regarding Bitcoin. The Nobel prize-winning economist and a professor…

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Fiat-Crypto Romance: Litecoin Foundation and TokenPay Buy Shares in Germany’s WEG Bank AG

Fiat-Crypto Romance: Litecoin Foundation and TokenPay Buy Shares in Germany’s WEG Bank AG

There are some big tectonic shifts underneath the crypto-fiat borderline. The Litecoin Foundation now holds 9.9% stake in Germany’s WEG Bank AG after a strategic partnership with the decentralized payment platform TokenPay. The deal has first begun back in May, when TokenPay announced that it has acquired 9.9% of the shares of WEG Bank; the firm has also stated that it has plans to purchase an additional 80.1% upon customary regulatory approval of the German…

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