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March 05, 2018 | By Tom Hart

Ripple surges amidst speculation re Coinbase support

Ripple rallied following widespread speculation over Coinbase adding support for the coin. It’s unclear where the rumors originated from as Coinbase and Ripple have not made any announcements. However, XRP topped a dollar a coin for the first time in about two weeks. It hit $1.04 as of 2:04 p.m. ET Monday. This was a…

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March 05, 2018 | By Tom Hart

Introducing Tipper: earn cryptos for your social media posts

Tipper Tipper is a blockchain-based social media ‘econosystem’ that allows users to trade likes for ‘tips’. When you share a post on Tipper’s platform, other users can tip you using the network’s native TIPR tokens. So, your witty quips and late-night musings could end up funding your morning coffees. Or, if you really strike a…

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March 03, 2018 | By Tom Hart

Google bans mining extensions from Chrome

Google just banned browser extensions for crypto mining from its Chrome store. The tech giant announced the move on Monday. This latest crypto clampdown will commence in July, one month after the company’s ban on crypto-related ads is slated to come into effect. Other blockchain-related extensions are still permitted. Enough is enough Google used to…

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March 03, 2018 | By Tom Hart

NEM (XEM) plummets following $530M heist

NEM experienced a pretty sharp correction, following a $530 million hack of a Japanese cryptocurrency exchange. The coin is down 5.42% in 24 hours according to data from CoinMarketCap. Although the heist happened in January, the coin is yet to recover. After nearing $2 a coin in early January the coin began a bearish run…

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March 03, 2018 | By Tom Hart

Bitcoin’s a gigantic Ponzi scheme, says Diane Abbott

UK shadow home secretary, Diane Abbott, today made some disparaging remarks about Bitcoin and cryptos. Her comments suggest she would launch a crackdown on cryptocurrencies if Labour were to win the next UK general election. Her comments demonstrate a fundamental misunderstanding of what Bitcoin and cryptos are. ‘… just a gigantic Ponzi scheme’ She said:…

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March 01, 2018 | By Tom Hart

Litecoin to the moon

Litecoin (LTC) has had a fantastic February, there’s no doubt about it. Having started the month at around $140 a pop, LTC is currently trading at an impressive $214.17, at time of writing. That’s an increase of 2.63% in just 24 hours. This is according to data from CoinMarketCap. The stats Month increase: 24% All-time…

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March 01, 2018 | By Tom Hart

Cryptocurrencies cause deaths, says Bill Gates

Bill Gates has his reservations about cryptocurrencies. During a recent Reddit AMA (ask me anything), one user asked Gates: “What’s your opinion on cryptocurrencies?” Gates’ comments were pretty negative, to say the least. The AMA took place yesterday and it’s the six time Gates has participated in one. Gates isn’t the only person or institution…

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March 01, 2018 | By Tom Hart

Bitcoin will double in price by mid-year, says Fundstrat’s Tom Lee

Tom Lee, co-founder of Funstrat Global Advisor, believes the value of Bitcoin will double by June, 2018. Despite its recent slump, Lee point out that Bitcoin has experienced sharp corrections during the first two calendar months for the last six out of seven years. He cited several factors as reasons behind his prediction. Circle buys…

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February 28, 2018 | By Tom Hart

Doomsday predictions: crypto burst will affect 1% of GDP, says Goldman Sachs

Goldman Sachs recently echoed the remarks of several other banks and institutions by labeling virtual currencies a business risk. However, according to Sharmin Mossavar-Rahmani, when (not if), the cryptocurrency bubble bursts, it impact only 1% of global GDP. Mossavar-Rahmani is chief investment officer (CIO) of the Investment Strategy Group. She made these remarks yesterday during an interview with…

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