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Digital Currencies vs. Cryptocurrencies, Explained

What are digital currencies?Digital currencies are money used on the Internet.Digital money exists only in the digital form. It doesn’t have any physical equivalent in the real world. Nevertheless, it has all the characteristics of traditional money. Just as classic fiat money, you can obtain, transfer or exchange it for another currency. You can use it to pay for the goods and services, such as

How a Brand New Technology is Going to Change the World of Banking

In first world countries, it is natural to assume everyone has a bank account. The banks are omnipresent and can be found nearly everywhere there are consumers. Because of this, we don’t really take the time to think about what a potential substitute for the banking system would be if they weren’t present in a certain space.So what’s the most likely alternative to going to a bank or ATM to d

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That Business Is Absolutely on Fire, Nick Cowan Gives Thoughts on Crypto

Cointelegraph continues publishing interviews with prominent guests of BlockShow Asia 2017, that took place in Singapore in November 2017.This time we talked with Nick Cowan, managing director and founder of GSX, Gibraltar’s first regulated stock exchange. With his 30-years’ experience in the investment business and knowledge about the culture of business across the Eurasian continents, he is

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App Stores of Future Will Be Based on Blockchain, Promote Transparency

In 2017, app stores saw record revenues and downloads. Across both iOS and Android platforms, downloads grew by 15 percent year-over-year to reach nearly 50 billion worldwide, taking total revenue to $15 billion.Google Play and the Apple App Store are the most widely used mobile marketplaces across the globe. It’s because of this duopoly that they are able to impose a 30% cut on all purchases, a

PR: Spectiv VR Launches Pre-ICO (Live Now): 8000 Eth Sold so Far – 40% Bonus

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.Spectiv has officially launched its public Pre-ICO! The Pre-ICO officially launched on December

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Brokerage Firm to Allow Negative Bets Against Bitcoin

In a move that could shift the trading dynamics of Bitcoin futures, the brokerage firm Interactive Brokers Group Inc will allow its traders to begin betting against the cryptocurrency. The firm’s CEO Thomas Peterffy told the Financial Times that clients will be allowed to short Bitcoin futures by the end of this week.The announcement comes on the heels of a strong bull market after Bitcoin futur

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Reserve Bank of Australia Will not Issue its own Digital Currency

Cryptocurrency markets are still a problem for most regulators and governments. It is evident this new form of money becomes a very real threat to any financial institution on the market. Reserve Bank of Australia governor Philip Lowe is concerned over this speculative mania surrounding Bitcoin and other cryptocurrencies. Such comments often fall on deaf ears, though, as everyone wants to strike i

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Ripple Wakes Up After Long Slumber

There is always something going on in the crypto-land. The weekend saw the big bull and bear action on Bitcoin and the start of the week witnessed Ethereum and Litecoin breaking new tops. LTC continued to surge yesterday reaching an all-time high of $340 according to Coinmarketcap.com. A market correction saw prices return to just below $300 where it currently trades.Ethereum has also enjoyed a bu

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ETC: Technology First, Leader Next

Bitcoin Gold and Segwit2x have made the headlines these days. In terms of fork, there is more digital currencies than bitcoin that forked – Ethereum.On 20 July 2016, Ethereum’s hard fork occurred at block 1,920,000 in order to resolve the DAO exploit. The blockchain then split into Ethereum Chain (ETH) and Ethereum Classic Chain (ETC).Unlike ETH, ETC is the continuation of the default settings

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South Korea is Going Crazy Over Bitcoin: Real Mainstream Obsession

Teenagers to middle-aged investors in South Korea are engaging in cryptocurrency trading, investing in bitcoin, Ethereum, Bitcoin Cash, and a wide array of cryptocurrencies and assets.Government Steps In To Regulate BitcoinIn the beginning of 2017, the South Korean government, local financial authorities, and the ministry of strategy and finance remained neutral to bitcoin and declined to regulate

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