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bitcoin, fraud, jpmorgan, sued -

If Jamie Dimon didn’t believe in karma before, he may be a believer now. JPMorgan has been hit with a class-action lawsuit on allegations of tacking on unannounced layers of fees plus interest after pulling the rug out from under the feet of cryptocurrency investors, according to a Reuters report. No wonder the decentralized revolution is upon us. The bank put the kibosh on credit card purchases for cryptocurrencies earlier this year when it also sparked controversy by treating crypto purchases as cash advances, the latter of which command higher fees. JPMorgan CEO Jamie Dimon infamously called bitcoin a fraud a while back, and...

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1000, 30000, bitcoin, price -

The game isn’t over for Bitcoin yet. And neither is its price volatility, which divides cryptocurrency experts on where bitcoin price is heading next.  On one side is the bullish camp, which argues that Bitcoin is still in an uptrend, betting that it will eventually reach $30,000. Marshall Taplits, Chief Strategy Officer for NYNJA, is one of them. “Speculation on price is always difficult, says Taplits. “However, the trend for Bitcoin is clear - UP, going to about $20,000 USD from zero in 10 years.  Each time Bitcoin corrects, the media wrenches.  However, anyone who has been watching crypto currency...

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bitcoin, verge -

Verge (XVG) has been hacked. “To successfully mine XVG blocks, every ‘next’ block must be of a different algo.. so for example scrypt,then x17, then lyra etc.,” OCminer, from Suprnova pool that mines countless of cryptos including Verge, says before further adding: “Due to several bugs in the XVG code, you can exploit this feature by mining blocks with a spoofed timestamp. When you submit a mined block (as a malicious miner or pool) you simply set a false timestamp to this block one hour ago and XVG will then “think” the last block mined on that algo was one hour ago....

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30000, bitcoin, dip, expert, prediction, price -

Bitcoin has been on a gradual decline, but one expert sees it as the calm before a huge rally. The world’s largest cryptocurrency dropped to reach close to the $8,000 mark for one token on Monday, around three months after it enjoyed peaks of over $17,000 and following a series of ad rule changes from social networks. Analysis suggests Bitcoin could be in store to reach peaks of $30,000 before the end of the year. The intervention comes at a cold time for Bitcoin, which has spent most of March wavering around the $9,000 mark. David Drake, chairman and founder...

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binance, bitcoin, coinbase, crypto, market -

With Binance’s new announcement to move its office to the crypto favourable territory, Malta and working on the deal with local banks to launch its fiat to crypto trading pairs, the exchange is all set to take over the Coinbase and dominate the cryptocurrency market. Ruling the crypto market: Binance Malta move & fiat to crypto trading One of the largest cryptocurrency exchanges in the world, Binance is riding high in the cryptocurrency market. With over 5 million users, this Chinese cryptocurrency exchange is popular for its crypto to crypto trading services. Over the past few months, Binance has made a lot of advancements...

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bitcoin, high, liquidity, ripple, xrapid -

The team behind Ripple have published a new blog providing old and new investors with all the details regarding its liquidity solution through xRapid. According to the Financial Times, it defines liquidity as how easy it is to perform a transaction in a particular security or instrument without changing its value too much. For domestic transactions, liquidity is typically high as financial exchanges execute the transactions in one single currency. They are also generally approved against account balances held by each person, writes Ripple. However, in the case of international or cross-border transactions there are greater challenges in place. Namely,...

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9000, bitcoin, breakout, bull, bullish, climb, cryptocurrency, market, price -

The price of bitcoin, the most dominant cryptocurrency in the global market, has recovered beyond the $9,000 for the first time since March 14, exactly a week ago. Short-Term RecoveryIt is still quite early to determine whether bitcoin and other cryptocurrencies will be able to sustain the current momentum in the upcoming weeks. While bitcoin has rebounded over the past few days, it has only recovered from its price drop that occurred in mid-March. Two weeks ago, the price of bitcoin peaked at $11,600, and the cryptocurrency is still $2,600 away from reaching its monthly high. Last month, the price...

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2018, analyst, bitcoin, financial -

Making a prediction is easy, right? But getting your prediction right is another thing. For the past few months, Bitcoin has been the talk on every table rather negatively. The bitcoin price has stumbled to a current low of nearly $7,500 which makes it so worrying about the future. However, Ronnie Moas has a very different perspective, and according to him, it is just a matter of time before things get back on track with bitcoin.  He holds his target that by mid-2018 bitcoin will hit $28,000. It is a beautiful belief by Ronnie, but the current BTC price trend, makes his...

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bitcoin, blockchain, cryptocurrency, israel, step, support -

In terms of technological innovation, Israel has been labeled by some as “The Startup Nation” with Israeli ventures raising over $5 billion in capital in 2017. This is almost 10% of China’s yearly fundraising total. While there’s a number of popular applications, platforms, and products including USB flash drives, the Waze navigation app, SodaStream carbonation machines, the country has set its foot in the crypto industry as well. Back in 2017, Hapoalim, Israel’s largest bank, partnered with Microsoft to create a Blockchain-powered platform to “make the process of signing up guarantors simple and quicker.” And in February 2018, the Israeli Tax Authority (ITA) stated that cryptocurrencies will be taxed by the capital...

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app, apple, bitcoin, crash, delay, hard, xmr, xmv -

Monero [XMR] has been dipping all week by almost 30% and further by 15.81% in the past 24 hours. It is trading at $209.10 currently while it traded at $343 a week ago. The most anticipated launch, the fork of this currency, MoneroV was scheduled to release today, March 15th. According to the announcement made by MoneroV [XMV] a few days ago, the offspring release is delayed by almost 6 weeks. This delay was because of requests from users, trading platforms, and large mining pools. As a consequence and as per the experts’ statements, prices of XMR have dropped by 30%...

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