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Prediction Markets, Explained

What are Prediction Markets?At its core Prediction Markets are Futures Markets. It’s based on a binary event where something either will or won’t happen. In the finance world, participants trade with contracts where the payoff will vary depending on the outcome of a future event. Prediction markets make the result of this future event tradeable.Essentially it’s placing a bet on the prob

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, NEM, NEO, EOS: Price Analysis, Feb 05

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.The exponential rise in Bitcoin and other cryptocurrencies attracted a number of new traders who embarked on

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Hyperledger Releases Sawtooth 1.0

Hyperledger is a collaborative cross-industry effort to advance blockchain technology that is hosted by The Linux Foundation. Today, January 30, 2018, sees the release of Sawtooth 1.0, the second active Hyperledger project to reach 1.0, following Hyperledger Fabric 1.0 in July 2017.Sawtooth is a modular platform for building, deploying and running distributed ledgers using a new consensus algorith

Us Government Scientists: “Bitcoin Is a Fork and Bitcoin Cash Is the Original”

Technology Answering demands from the private and public sectors, US government scientists have created a guide to the technology behind bitcoin and its applications for a variety of uses. Among various issues, the 59-page report explains that, “technically, Bitcoin is a fork and Bitcoin Cash is the original blockchain.”Also Read: Singapore Mall

Investors File Class Action Lawsuit Against Bitconnect Following Its Shutdown

Former BitConnect investors have filed a class action lawsuit Wednesday, Jan. 24, seeking compensation from the company that was found out to be a Ponzi scheme and has shut down on Jan. 17.The class action complaint states that BitConnect issued cryptocurrency tokens that were actually unregistered securities and collected additional funds via a "wide-ranging Ponzi scheme."The complaint has been f

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Goldman Sachs Warns High-Profile Clients of Crypto Bubble

In a lengthy document to their highest profile clients, the Goldman Sachs Private Wealth Management division has warned about the danger of investing in cryptocurrency. For the banking giant, the rise in Bitcoin and other digital currencies during 2017 is a sure signal that the entire space is in an economic bubble.Typically for crypto naysayers, during the 108 page document the authors mention th

Bitconnect Ponzi Scheme – No Sympathy From Crypto Community

What looked too good to be true ended up being just that, as Bitconnect has all but closed its doors.Long accused of being a Ponzi-scheme, Bitconnect shut down its cryptocurrency exchange and lending service this week. As stated on their website, Bitconnect had received cease and desist letters from two American securities regulators - leading to the closure of their lending and exchange platforms

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The BitConnect Ponzi Scheme has Finally Collapsed as Exit Scam Becomes Evident

With all cryptocurrency markets tanking in value, it is evident there will be some big changes. More specifically, some currencies are all but crashing to the ground as we speak. BitConnect, the infamous Ponzi Scheme, is finally meeting its demise, by the look of things. Thanks to the recent price declines, the value of BCC dropped by over 80%. Moreover, the native exchange has closed its doors an

Bitconnect Shuts Down Its Exchange Citing a String of Excuses

Altcoins In a move that will surprise few observers, Bitconnect has announced that it is closing its lending and exchange platform. The company has widely been accused of operating a Ponzi scheme and was recently rocked by cease and desist notices in two US states. Immediately after the firm declared its intention to wind things up, its BCC coin plum

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Will Sweden be the First Nation With Their Own Cryptocurrency?

According to a note issued by HBSC economic analyst James Pomeroy, Sweden could be the first nation to issue their own cryptocurrency. A document, which was sent to clients this week, titled “Sweden’s Big Year: Can the Economy Overcome Some Challenges?” set forth some rudimentary proposals of what an e-krona might look like.The international bank that is HSBC calls the Swedish economy “one

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