Bitcoin back above $4000 as AirSwap could allow circumvention of China’s restrictions

The price of Bitcoin seems to be shrugging off China ICO (initial coin offering) ban as the price is back above $4000. Michael Oved helped Virtu Financial Inc. become the most consistently profitable market maker in the history of electronic trading. Now he has his sights set on revolutionizing how digital currency exchanges operate. The …

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Types of e-money and possible government issued cryptocurrency

Riksbank, Sweden’s central bank, estimates that cash transactions made up only 15 percent of all retail transactions last year, down from 40 percent in 2010, thanks in large part to massively popular mobile payment services. Riksbank and the central banks of other countries are taking a serious look at blockchain, the technology that makes Bitcoin …

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Has Winter come to Bitcoin with exchange closures in China ?

Bitcoin has had a big selloff with the closing of Bitcoin exchanges in China. It did take Bitcoin over 4 years to recover from a 2013 selloff from a peak of just over $1000. Bitcoin did not push to new highs until February of this year. Chinese bitcoin exchange BTCChina said on Thursday that it …

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RBC Capital Markets is predicting Nvidia will make the best cryptocurrency optimized chips

Nvidia, graphic processing unit (GPU) maker, was announced as the smartest among all public and private companies by MIT because of its business savvy and innovative technologies. Nvidia is the leading provider of processing power for AI software, and its newer, AI-related businesses are growing quickly. Cryptocurrencies could be another big business for Nvidia. Nvidia …

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Big banks Join Settlement Coin as possible future central bank cryptocurrency

Several of the world’s largest banks have today revealed a series of steps to advance a project aimed at making it easier for central banks to issue currencies on a blockchain. Called Utility Settlement Coin (USC), the project is designed to help prepare the way for central bank cryptocurrencies by making it easier for global …

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Top fifteen cryptocurrencies and twelve have billion dollar market cap

Here are the top fifteen cryptocurrencies by capitalization. In the top 15, 12 have over a billion dollars in market capitalization and three others are very close to a billion dollar market cap. Cryptocurrencies are a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the …

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