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Riot Blockchain Gets Hit by Another Shareholder Lawsuit

After changing its name to Riot Blockchain in October to include the word “blockchain,” the public company watched its stock skyrocket from $8 a share to more than $38 during a cryptocurrency rally at the beginning of the year.The first significant problem was the company did not have any real focus on blockchain technology. Before October, Riot was known as Bioptix, a maker of diagnostic mach

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China Mining Co. Bitmain Shows Higher 2017 Profits Than US GPU Giant Nvidia, Report Finds

Chinese mining hardware giant Bitmain has reportedly made higher profits in 2017 than long time American graphics processing unit (GPU) manufacturer Nvidia, CNBC reported Feb. 23.CNBC writes that according to a report published Feb. 21 from investment research company Bernstein, the four-year-old Bitmain reportedly made between $3 and $4 billion in operating profit in 2017, whereas Nvidia, founded

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, Feb. 23

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 HitBTCexchange.Sanction-hit Venezuela started the pre-sale of its oil backed cryptocurrency Petro on Feb. 20. Just a da

Venezuela Orders Government Services to Accept Any Cryptocurrency

Featured Venezuela’s president Nicolas Maduro has ordered the country’s consular services, as well as several other services and gas stations, to accept any cryptocurrency including the nation’s own petro. In addition, he has announced the launch of another cryptocurrency, this time backed with gold.Also read: Indians Look to Buy Bitcoin O

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New Jersey High School Offering Lessons In Cryptocurrency and Blockchain

Union Catholic High School in Scotch Plains, New Jersey is teaching its students about cryptocurrencies. Mr. Tim Breza’s Business and Personal Finance Class is the focus of a CNBC documentary that is showcasing how cryptocurrencies like Bitcoin and associated blockchain technologies are being introduced and taught in high school and college classrooms.Mr. Breza, a 28-year-old history and fi

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US: Republican, Democrat Officials Calling For Crypto Regulation In Rare Show Of Unity

A bipartisan movement of US lawmakers are considering forming new legislation to regulate cryptocurrencies, prompted by the increasing interest - and therefore risk - in cryptocurrency worldwide, according to Reuters.There is currently no singular body in charge of overseeing cryptocurrencies in the US-- the responsibility is instead divided between individual states, the US Securities and Ex

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S&P Global Ratings: Crypto Needs ‘Some Rules’ For ‘Future Success’

S&P Global Ratings released a report Monday, Feb. 19, entitled the “The Future Of Banking: Cryptocurrencies Will Need Some Rules To Change The Game,” that details the possible outcomes for the global financial markets in relation to the actions of the crypto markets.Even though an early February crash of both the traditional markets and the crypto markets appeared to show synchronicity, Mo

Equity Markets vs. Cryptocurrency Markets: Weekly Performance Review, Feb. 10 – 16

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 HitBTCexchange.Both equities and cryptocurrency markets rallied together last week, as each recovered prior losses. Investor

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Munich Security Conference: U.S. Govt. Nowhere Close to Regulating Bitcoin

Speaking at the Munich Security Conference, the White House cybersecurity coordinator has stated that the U.S. government is nowhere close to regulating Bitcoin. He particularly emphasised the need to better understand the cryptocurrency’s risks and benefits before embarking on any sort of regulatory regime.Hundreds of world leaders and security chiefs are gathered at Munich’s luxury Hotel Bay

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As Bitcoin Goes Over $10,000, Analyst Makes Big Predictions For 2018

Unrepentant cryptocurrency bull Tom Lee predicts Bitcoin will reach $25,000 in 2018 and $125,000 by 2022.Aggressive Predictions For Bitcoin’s FutureTom Lee was the first major Wall Street analyst to cover Bitcoin and has remained bullish about the cryptocurrency market since. In his latest report, Fundstrat Global advisor’s head of research called for some high numbers in the coming

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