Investment

Crypto VC Firm Digital Currency Group Invests In Pro-Crypto

An established technology company is using Blockchain to dismantle Donec ullamcorper nulla non metus auctor fringilla. Cras mattis consectetur purus sit amet fermentum. Curabitur blandit tempus porttitor. Morbi leo risus, porta ac consectetur ac, vestibulum at eros. Nulla vitae elit libero, a pharetra augue. Donec ullamcorper nulla non metus auctor fringilla. Cras mattis consectetur purus … Continue reading Crypto VC Firm Digital Currency Group Invests In Pro-Crypto
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An established technology company is using Blockchain to dismantle

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Meanwhile, purchasers looking for precision parts have a greater chance

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Blockchain

How Is the Biggest CO2 Polluter Becoming Leading World Solar Panels Producer

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Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electric energy, which is currently produced with coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal of the technological, infrastructural, regulatory and tax policy barriers. In a series, my articles evaluate the tax, digital technology and solar policies (including space power satellites) of the top-CO2-emitting countries.

For the last three decades, China has been on an economic and technological growth path unequalled in size and duration in human history. Its government is playing an active role in shaping the global digital economy, serving as one of its biggest backers and building a world-class infrastructure to support digitization by acting as an investor, green-developer and consumer.

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Key Factors That Brought Bitcoin Back to Life

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During the first couple of months of 2019, the price of Bitcoin (BTC) stayed put under the $4,000 mark, thereby solidifying fears that the market was indeed in the midst of a long crypto winter. Not only that, but all through 2018, this space witnessed the simultaneous collapse of around 2,000 cryptocurrencies — which lost around 80% of their combined market cap.

Additionally, it can be seen that over the course of 2018, the general perception of the crypto sector was greatly tarnished thanks to a number of scams and illegal actions that caused investors to lose a whole lot of money (estimated to be worth millions of dollars). As a result, high-profile personalities such as Nouriel Roubini, a Nobel Prize-winning economist, went on record to claim that BTC was the mother of all…

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Why Centralized Exchanges Are Decentralizing

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In an industry built on an ethos of decentralization and the empowerment of individuals, where the key idea is that each and every person should have control of their own wealth and begin acting as their own bank, we’ve seen centralized custodial exchanges lead the charge up until now. Now, as the industry continues to develop ethos, we’re seeing centralized exchanges beginning to adopt more properties of decentralization.

Decentralization advances the protection of funds, transparency, economic inclusion and regulatory clarity while empowering each individual to become the custodians of their own funds. As centralized exchanges begin to recognize the benefits of decentralizing, the end result is a stronger, more trusting consumer and industry.

Trust

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BTC Could Hit $10K, ‘Stay Away from North Korea,’ Akon City: Hodler’s Digest, Jan. 13–19

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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

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Bitcoin ready to push above key resistance to hit $10,000

The world’s biggest cryptocurrency has started 2020 fighting. For a time on Friday, Bitcoin hit $9,000 — with analysts claiming there are multiple signs that a “bullish transformation” is underway. This weekend also saw the BTC network’s mean hash rate hit new all-time highs, meaning it’s never been harder to mine new coins. Although BTC fell from highs of almost $9,200 on Sunday to hover at about $8,600, analysts believe it is ready to push above the resistance to hit $10,000. Even despite the latest turbulence, which saw prices…

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How Real World Use Cases Will Drive Crypto Growth in 2020

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As Bitcoin enters its twelfth year, the past eleven offer a meaningful amount of time to identify key trends that have emerged around cryptocurrencies and blockchain technology. These trends provide insights that are helpful in projecting the future of the digital asset space and how it will take shape over the next decade.

In reflecting on the history of cryptocurrencies over their lifetime, there’s one pattern that immediately jumps out. Each successive wave of interest in the cryptocurrency space has been galvanized by new developments in the ecosystem. In particular, two significant catalysts were the rise of crypto exchanges and the initial coin offerings craze.

Rapid acceleration

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Peter Schiff Lost His Bitcoin, Claims Owning Crypto Was a ‘Bad Idea’

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On Jan. 19, famous crypto skeptic and gold bug Peter Schiff claimed on Twitter that he has lost access to his Bitcoin wallet and that his password is no longer valid.

Schiff added that his BTC is now intrinsically worthless and has no market value. He also added that:

“I knew owning Bitcoin was a bad idea, I just never realized it was this bad!”

Getting to the bottom of the issue

After Schiff tweeted about his loss, the crypto community was quick to jump to the rescue. For example, co-founder and partner at Morgan Creek Digital Anthony Pompliano responding by asking if he forgot his password, to which Schiff has responded that, “My wallet forgot my password.”

Pompliano then asked Schiff to email him directly:

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Bitcoin Bull Market Gains Steam, Breaks $9K for the First Time in 2020

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On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has reached its highest level since early November, hitting $9K for the first time in 2020. 

BTC USD daily chart

BTC USD daily chart. Source: TradingView

The upside move brought the price above the main trendline of the ascending triangle in the $9.1 to $9.2K zone (highlighted pink) to set a daily higher high and open the door for further gains to $9,600.

Cryptocurrency market weekly overview

Cryptocurrency market weekly overview. Source: Coin360

Traders observing the 4-hour timeframe will notice that the price pulled right below the ascending triangle arm and…

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Bitcoin Price Ready to Push Above Key Resistance to Hit $10,000

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Bitcoin (BTC) price sees a tremendous start of the year as it surged 25% year-to-date. Not only has Bitcoin been flourishing over the past few weeks, but altcoins have also been following along. Will Bitcoin continue the upward momentum, or is it a temporary top close?

Crypto market daily performance. Source: Coin360

Crypto market daily performance. Source: Coin360

Bitcoin breaks the 7-month downtrend

The price of Bitcoin broke through the downtrend a few weeks ago, which marked the possible end of the downwards pressure. The slight test of $7,600 confirmed this breakout, after which price continued to rally towards $9,000.

BTC USDT 12-hour chart. Source: TradingView

BTC USDT 12-hour chart. Source: TradingView

The…

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