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BitConnect Token Loses 90% Amid Exchange Closure Announcement

2 days ago

The post BitConnect Token Loses 90% Amid Exchange Closure Announcement appeared first on CCN

BitConnect, a once-promising crypto entity, has lost nearly 90 of its value, as its price has fallen to $26.00 in the wake of announcing the closure of its exchange and lending operation amidst legal problems with U.S regulators. The currency’s market capitalization has fallen to $175,637,617, according to coinmarketcap.com. A total of $17.517 million worth

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Lester Coleman

#218 Chris Burnsike & Jack Tatar: Cryptoassets - The Rise of a New Asset Class

2 days 1 hour ago

Over the past year, cryptoassets have exploded in popularity. From a mere $18bn at the start of 2017, the aggregate market cap of all cryptoassets recently reached $820bn as interest in Bitcoin and its cousins went mainstream. Jack Tatar and Chris Burniske joined us to discuss their new book 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond'. It is one of the first systematic views on cryptoassets from a mainstream investor's perspective.

Topics discussed in this episode:

  • How Jack and Chris originally became interested in Bitcoin and cryptoassets
  • Why the term cryptoassets is a good umbrella term for the different kinds of tokens
  • The different categories of cryptoassets: Cryptocurrencies, cryptocommodities and cryptotokens
  • How cryptoassets fit into an overall investment portfolio
  • How to value cryptoassets
  • Whether we are in a cryptoasset bubble and expectations for the future

Links mentioned in this episode:

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Watch or listen, Epicenter is available wherever you get your podcasts.

Epicenter is hosted by Brian Fabian Crain, S?ƒbastien Couture & Meher Roy.

Portuguese Consumer Watchdog Wants Bitcoin Investors Taxed

2 days 2 hours ago

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At a time in which the cryptocurrency ecosystem endures a significant correction as bitcoin dips below the $10,000 mark, Portuguese consumer protection association DECO wants the government to tax cryptocurrency investors. According to local publication Sábado, the organization sent the Ministry of Finance, and the European commissioner in charge of consumer defense a proposal to

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Francisco Memoria

Cryptocurrency Adopters Turn to Bitcoin during Market Downturn

2 days 3 hours ago

The post Cryptocurrency Adopters Turn to Bitcoin during Market Downturn appeared first on CCN

The dominance index of bitcoin, which calculates the dominance of the cryptocurrency over the global market, has increased over the past 48 hours amidst one of the worst corrections the market has experienced since June 2017. Is Bitcoin Reserve Currency of Crypto Market? Since 2016, upon the emergence of digital tokens and alternative cryptocurrencies, many

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Joseph Young

Cryptocurrencies Are in Free Fall, but Is It All Bad?

2 days 4 hours ago

The post Cryptocurrencies Are in Free Fall, but Is It All Bad? appeared first on CCN

Cryptocurrencies are in free fall, sparing only a handful of coins. But is it all bad? Or can some good come from this flash crash of January 2018? According to CoinMarketCap, at the time of writing, only five of the top 100 coins by market cap have avoided a plunge in value over the past

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Paul de Havilland

Cryptocurrency Markets Show Signs of Life After $400 Billion Crash

2 days 5 hours ago

The post Cryptocurrency Markets Show Signs of Life After $400 Billion Crash appeared first on CCN

Cryptocurrency prices are showing signs of life following their $400 billion crash but investors are not out of the woods yet. Cryptocurrency Markets Show Signs of Life After $400 Billion Crash The cryptocurrency market cap — a metric which measures the value of all circulating cryptocurrencies — fell as low as $415 billion on Wednesday,

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Josiah Wilmoth

Fintech Bill: US Congress Plans to Combat Cryptocurrency Use in Terrorism Financing

2 days 6 hours ago

The post Fintech Bill: US Congress Plans to Combat Cryptocurrency Use in Terrorism Financing appeared first on CCN

US policymakers have made targeting cryptocurrency-fueled terrorism and the illicit use of digital coins for any purpose a priority. Rep. Ted Budd (R-NC) of the House Financial Services Committee on Jan. 10 introduced the Financial Technology Innovation and Defense Act to Congress. A key feature of the bill is a fintech task force designed to

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Gerelyn Terzo