Altcoin Surge Ends; Bitcoin Continues to Shine toward $1,800

The altcoin surge has ended. After climbing for the past seven days, the majority of altcoins fell today while bitcoin has continued to rise. Chart from CoinMarketCap.   Ripple, which yesterday replaced Ethereum for the number two cryptocurrency based on market cap, fell back to second place today as it lost nearly 15 points in…

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Creditbit Price Technical Analysis – CRBIT/BTC Starts Correction

Key Highlights Creditbit price after a new low below 0.00050BTC against the Bitcoin found support and moved higher. A major bearish trend line with resistance at 0.00050BTC on the 7-day chart of CRBIT/BTC (data feed from Coinmarketcap) was broken. It performed better against the US Dollar, and managed to bounce from $0.70 to $1.00. Creditbit…

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ECB DLT Lead: Central Banks Won’t Compete on Blockchain Tech

You might not expect someone at the European Central Bank (ECB), the institution that manages monetary policy and oversees financial market infrastructure for the 28-member European Union, to be interested or even passionate about blockchain tech. But, Dirk Bullmann, fintech coordinator and adviser to the director general of the ECB, is evidence of how the technology…

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Jilted Trader is Organizing a Class-Action Suit Against Poloniex

Alleging “possible insider trading” and putting the onus on Poloniex for site unavailability, an apparently former trader on the site has decided to sue the Delaware-based exchange if he can get enough victims together. The apparent downward momentum combined with numerous sustained technical problems at Poloniex led to a number of long margin Ethereum traders…

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Airalab Ethereum Developer: the Future Robotic Economy Has to Be Decentralized

Sergei Lonshakov, the developer of Airalab, has presented Aira, which is an acronym for Autonomous Intelligent Robot Agent. The project implements economic interaction standards of human to robot and robot to robot with a unified obligation contract. It is conceived as a foundation of a new ‘robotic economy,’ which, according to Lonshakov, is to become…

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How Blockchain Could Finally Unite the United Nations

The United Nations is a Swiss army knife of humanitarian aid. When catastrophe strikes, dozens of agencies within the organization, founded in the aftermath of World War II, lay in wait in offices around the world, each with their own specialized role to alleviate suffering and establish peace. But with billions of dollars at their disposal…

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Bitcoin Price Soars to All-Time High Beyond $1,750

Bitcoin’s strong showing through May continues as prices continue hurtling through uncharted territory. On Tuesday, bitcoin price hit a global average all-time high of $1,753, with prices up 8% over the last 24 hours. Bitcoin prices trends are sticking with recent patterns as trading activity in Japan continus to push the world’s most prominent cryptocurrency…

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Virtual Currencies Now Permissible Investments in Vermont

Vermont may be known for more than its dairy farms and green mountains these days. This week the state of Vermont’s Governor has signed a new bill into law that applies virtual currencies to ‘permissible investments’ for money transmission businesses regulated by the Department of Financial Regulation. Also read: Well Known Investors Are Betting Big on…

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