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China Could Make Bitcoin Buzz Again as National Congress Looms

Having felt China’s influence before, this week it is important to keep an eye on the communist state as they gear up for their 19th National Congress of the Communist Party of China (CPC).This form of elections essentially for the totalitarian party will see some reshuffling and power plays between top officials who either fall on the conservative side, or the progressive. In the middle is Bitc

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Robert Shiller: “Bitcoin is a Fad” but “I’ll take Bitcoin”

Nobel Prize-winning economist Robert Shiller appeared on CNBC’s “Closing Bell” earlier today. During the interview he commented on the “strange enthusiasm” people seem to have for Bitcoin but ultimately sums up the cryptocurrency up as a “fad”, comparing it to the phenomena of bimetallism.For those unaware, bimetallism refers to a trend that occurred in the late nineteenth century. P

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Bitcoin ETF Could Actually Be on Horizon Says Prominent Investing Firm

Bitcoin users had lost hope of having an Bitcoin ETF when the Winklevoss twins' application was rejected. However, the CEO of ARK Investment Management feels that a Bitcoin ETF may only be a year or two away.ETFs matterSome may debate the utility of having a Bitcoin ETF when it would be more profitable to hold Bitcoins instead. By holding Bitcoins directly, you get the benefit of price appreciatio

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Ethereum-Based Trading Platform Airswap Working with Mike Novogratz

Mike Novogratz, former hedge-fund manager at Fortress, will advise on new token-exchange platform AirSwap. Based on the Ethereum network, the project aims to provide users a digital coin swapping service. The idea to is to match buyers and sellers in a model similar to CraigsList, or GumTree in the UK. Novogratz told CNBC that he was:… fascinated to see the next wave of innovation in decent

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Real Estate on the Blockchain: More Sellers Want Crypto

This week, there have been some interesting developments within the crypto/property space. Firstly, Magnum Real Estate Group president, Ben Shaoul spoke to CNBC about his latest project. He’s currently developing several condominiums on the Lower East Side of Manhattan. Each will hit the market for between $700,000 and $1.5 million for which he’s willing to accept payment i

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James Disney of Credit Suisse: “The Sky’s the Limit”

Speaking on CNBC’s “Fast Money” on Tuesday, James Disney of Credit Suisse made bold claims about the revolutionary power of blockchain. He also confirmed that Credit Suisse have been running experiments with the technology in various parts of the business.Due to the present nature of private equity transactions, it can take weeks for deals to close and accounts to settle. According to Disney

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World Bank President: Everyone Is Excited About Blockchain, Not Bitcoin

The president of the World Bank, Jim Yong Kim, was bullish about Blockchain technology when he spoke with CNBC during an interview. However, while expressing his positive views of the technology, he was quick to point out that there are risks when it comes to Blockchain technology derivatives like Bitcoin. When asked if the Blockchain based currencies were viable, he said:"Blockchain technology is

Big Name Investors Voicing Bitcoin Optimism Are Louder Than Negative Colleagues

Finance Bitcoin’s price is on a tear in 2017, and it’s hard not to notice the decentralized currency’s spectacular run this year. As the value climbed to new heights this October, surpassing $5800 per BTC across global exchanges, many well-known investors have stated this month that they believe bitcoin’s future will be very bright from here

Cryptocurrencies Expected to Cause “Massive Disruptions” – IMF Managing Director

News The managing director of the International Monetary Fund (IMF), Christine Lagarde has again addressed the topic of bitcoin and cryptocurrency. At a recent IMF event, Lagarde told reporters that virtual currencies will comprise the catalyst for “massive disruptions” within the financial markets and fintech industries.Also Read: IMF Chief

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Are Millennials All That Keen on Bitcoin?

Even with the talk being that Millennials are driving the Bitcoin boom and it is the prefered investment opportunity for the young adults, co-founder of popular stock trading app Robinhood expects equities and stocks to stay in favor.Stocks are indeed at a record high, but they pale in comparison with the growth of Bitcoin and other cryptocurrencies. Additionally, the new technology that is crypto

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