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Bitcoin Exchanges Shutdown in India Due to Regulations, Pivot to ATMs

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Bitcoin Exchanges Shutdown in India Due to Regulations, Pivot to ATMs

To improve crypto-to-fiat liquidity in India amidst an ongoing banking ban, Indian exchanges are finding methods that could function inside the grey areas of law. Unocoin in its latest announcement revealed its plan to launch a network of Bitcoin ATMs across India. The Bengaluru-based crypto exchange, which has been in the field since 2013 and currently boasts

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Bitcoin Fully Bottomed Out at $6k? Bears Struggle to Justify Stability

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Bitcoin Fully Bottomed Out at $6k? Bears Struggle to Justify Stability

The question of whether Bitcoin has bottomed already has again surfaced following the latest drop in the digital currency price. Bears have no explanation as to why BTC has been holding this price for so long… as if it were forming a floor. Those bullish can explain this – BTC has fully corrected… and equal

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Barry Silbert: Not Bullish on ICO, How Wall Street Really Thinks About Bitcoin

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Barry Silbert: Not Bullish on ICO, How Wall Street Really Thinks About Bitcoin

Crypto venture capitalist Barry Silbert said that he is not bullish on the projects raising funds via Initial Coin Offering, or ICO. The Digital Currency Group founder told Forbes that he philosophically supported the idea of disintermediating funding process but yet found it uncompelling from the point of view of purpose, capability, legality, and valuation. Utility

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These Tokens are the Worst Performing Crypto in 2018: Factors and Trends

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These Tokens are the Worst Performing Crypto in 2018: Factors and Trends

Investment consultation firm Pension Partners released an index listing the worst performing cryptocurrencies in 2018. Qtum, a cryptocurrency-backed hybrid blockchain platform, suffered a maximum 93.9 percent loss by Q3 2018. A high marketing pitch, which projected Qtum as the best of both blockchain and mainstream worlds, allowed the project to establish an all-time high token value

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Nouriel Roubini Tries to Attack Bitcoin by Saying Fees Cost $55, Fails

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Nouriel Roubini Tries to Attack Bitcoin by Saying Fees Cost $55, Fails

Global economist Nouriel Roubini expressed his rage against Bitcoin and blockchain while displaying his profound lack of understanding in the field. A Political Rap against Crypto Roubini was present at an informational hearing round “Exploring the Cryptocurrency and Blockchain Ecosystem” organized by the US Senate Committee on Banking, Housing, and Urban Affairs, alongside Peter Van

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Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin?

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Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin?

The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6.93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors from weaker equities to a vaguer monetary stance by the People Bank of China.

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Gov’t of South Korea is Endorsing Crypto and Blockchain Like No Other Region

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South Korea is leading an example of being the world’s most hospitable regions for crypto and blockchain entrepreneurs. The world’s eleventh-largest economy has committed a $100 million fund to develop its capital Seoul as a center of blockchain innovation. Park Won-soon, the third-time governor of Seoul, during his visit to Switzerland’s Zug last week, revealed that

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Prominent Investor: Crypto Bear Market Makes it Safe For Institutional Investors to Enter

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Institutional investors are pouring in big bags of their money into the crypto world. And, a prominent investor believes it is the rightest time to do so. Garry Tan, co-founder of Initialized Capital, thinks crypto market’s bearish bias this year has reduced investment risks for new entrants, especially institutional investors. The 37-year old entrepreneur, who

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Prominent Investor: Institutional Investments in Crypto Funds is a Big Deal

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Crypto industry has received an unusual amount of funding this year from investors. And a prominent venture capital investor thinks it is a big deal. Garry Tan, an early stage investor with companies like Coinbase and Instacart in his portfolio, commented on the growing amount of institutional money that is flowing into crypto-funds. He stated that he

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Pantera Capital’s Crypto Fund Reports 40.8% Loss Since Launch

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Pantera Capital’s Digital Asset Fund has sunk in value since it began in December 2017. A report which surfaced on social media revealed that the U.S. investment firm negated 40.8 percent returns to its investors to date. The figures contributed to the fund’s year-to-date losses, which rose to 72.7 percent. The fund’s compound annual growth

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