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Litecoin Has Outperformed Bitcoin in 2017, 8,000% Increase in Price

Litecoin has outperformed bitcoin in 2017, demonstrating a staggering 8,000 percent increase in price. While it still remains as the fifth largest cryptocurrency behind Bitcoin Cash and Ripple, it has solidified itself as a leading digital currency.Since January 1, the price of Litecoin has surged from $3.63 to $302, as its market cap increased from below $177 million to $16.4 billion. The market

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The Satoshi Revolution – Chapter 3: Do You Want a Government Fiat Crypto? (Part 4)

Featured The Satoshi Revolution: A Revolution of Rising Expectations.Section 1 : The Trusted Third Party ProblemChapter 3: Trying to Undo Satoshiby Wendy McElroyDo You Want a Government Fiat Crypto? (Chapter 3, Part 4)It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a central bank has b

Bitpay Plans to Use Bitcoin Cash for Payment Invoices and Debit Loads

News On December 15 the largest bitcoin payment processor in the world, Bitpay, announced it will now process payments for multiple blockchains. The first decentralized currency Bitpay has opted to utilize will be bitcoin cash. Also read: Venezuelans Turn to Bitcoin as Government Crackdown on Mining IntensifiesBitpay Will Now Process Bitcoin Cas

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Woman in Denmark Imprisoned for Hiring Hitman Using Bitcoin

An Italian woman has been sentenced to six years in jail in Denmark for hiring the murder of her former boyfriend using Bitcoin, according to Reuters.The 4.1 Bitcoin payment was made in March at a time when that amount would be worth around $4,000. The transfer to the hitman’s digital wallet was presented to the court as evidence. The murder was never carried out, though, and the inten

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Adoption of Bitcoin Picking Up Speed in Venezuela, Called “Lifesaving” Currency

Bitcoin is now becoming a constant part of many Venezuelans’ everyday life.Whether they’re buying food, plane tickets, or even paying employees, Bitcoin is now a common mode of payment for Venezuelans. Frankly, many people in the country rely on cryptocurrencies for survival.Survival of fittestVenezuela’s hyperinflation has rendered the national currency, the Bolivar, nearly worthless. Thous

Taurus Coin Exchange Goes Live for Public

Singapore, London, Hongkong, December 15, 2017 — After a successful completion of its global launch, Taurus Coin now announces its proprietary exchange TRC Exchange for the public. This marks another achievement for Taurus Coin.The aim of launching its own TRC exchange platform is to become a one-stop shop for TRC users as it will satisfy the demand for people interested in Taurus Coin. TRC

BitherCash: An Altcoin with a Difference

With the myriad of ICOs being launched every few days, investors are now fed up with the run of the mill altcoins that are simply replicas of each other. They lack creativity. Investors are now looking for ICOs that offer a unique proposition that is not based on the same overused technology. Enter BitherCash coin.Unlike most of the altcoins that rely on the Ethereum Virtual Machine, BitherCash co

Danish Billionaire Renames the Rungsted Capital Ice Rink to ‘Bitcoin Arena’

News According to a few regional news outlets, a Danish bitcoin billionaire and the co-owner of the Rungsted Seier Capital ice rink, Niklas Nikolajsen, plans to change the name of his skating hall and call it the “Bitcoin Arena.” In addition to this news, one of the professional hockey players who plays in the arena has opted to get his salary pa

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GMO Internet to Pay 4,000 Employees Using Bitcoin

A Japanese company has taken the bold step of opting to pay their employees using Bitcoin. GMO Internet is a firm dealing in web-related matters. These include finance, advertising, and internet infrastructure. In an effort to get more familiar with cryptocurrency, they’re trialling its use as a payment method in a professional setting.Employees at GMO Internet can opt to have up to 100,000 yen

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US Fed Chair Speaks Out On Bitcoin and National Crypto

The outgoing US Federal Reserve (the Fed) chair, Janet Yellen, commented on Bitcoin and the Fed’s relationship to the digital currency at a press conference in Washington on Wednesday.During the meeting, Yellen addressed three areas relating to cryptocurrency -- speculation, regulation and government-issued digital currencies. On the nature of Bitcoin, she commented that though the cryptocu

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