Mining

Bernie Sanders Picks a Fight with Trump in an Attempt to Stay Relevant

By CCN: Is Bernie Sanders fighting a losing battle? The Vermont Senator entered the 2020 presidential race in February, marking his second attempt at attaining White House glory. For more than a month, the 77-year-old Democratic socialist appeared to be leading the race for his party’s nomination… That is until Joe Biden announced his campaign for the presidency only weeks ago. Now, it seems Biden has replaced Sanders as the ultimate frontrunner. Going, Going, Gone… Bernie Sanders Is Falling Behind Sanders already came up short in 2016 against Democratic nominee Hillary Clinton. A potential loss to Biden will mark Sanders’

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Mining

What is an STO (Security Token Offering) & 10 Reasons Why It Will Have a Massive Impact

The world of startup financing took a major turn in 2017 as initial coin offerings (ICOs) burst onto the scene. In 2017 and 2018, more than $14 billion flowed into blockchain projects as investors looked to capitalize on crypto euphoria and the low barriers to entry made possible by the ICO funding model. It has been less than a year since the market for ICOs went bust, but the impact of the new crowdfunding model will endure for many years to come as startups look to tokenize real assets and leverage the power of the crowd to finance their next

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SEC Punts on Bitcoin ETF as Unfazed Crypto Bulls Dig in Their Heels

By CCN: The U.S. Securities and Exchange Commission has decided once again to kick the can on its decision about a bitcoin ETF. In a ruling published today, the securities watchdog revealed that an answer on the VanEck/SolidX Bitcoin ETF as proposed by the Cboe would be postponed for another 90 days, pushing the deadline back to August 19. The crypto community wasn’t shocked by the announcement, but the bitcoin price has retreated modestly from Sunday’s fresh 2019 highs. Despite the pullback in the bitcoin price, the cryptocurrency market has several major catalysts this year that will continue to fuel

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Mining

Bitcoin, Not Blockchain: People Feverishly Search for World’s First Crypto

By CCN: Around the world, the majority of searches related to cryptocurrency involve the word “Bitcoin,” a new report by ConsenSys concludes. Excepting a few Asian countries, most of the world wants to find information about Bitcoin. In the U.S., UK, Nigeria, Brazil, France, and elsewhere, roughly 70% or more of all crypto-related searches are for Bitcoin. Comparatively, Taiwan and Japan have an abiding interest in Ethereum, blockchain, and related cryptocurrency more broadly. Key Markets for dApp Development ConsenSys, which was among the first companies to develop for Ethereum, needs the data to understand where key markets might be. While

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Mining

F*ck Bitcoin: ‘Expert’ Says Startups Should Go All-In on Blockchain

By CCN: Bernhard Schroeder, an educational director of entrepreneur programs at San Diego State, implores entrepreneurs and investors to focus on the blockchain, rather than Bitcoin. In a new editorial today in Forbes. Schroeder classifies Bitcoin as a speculative investment which may or may not work out long-term, but lauds the merits of blockchain, which he describes as “a serious technology.” The Resurrection of the ‘Blockchain, Not Bitcoin’ Brigade Schroeder believes that “the real potential” for blockchain technology will emerge from the companies who decide to build on it. Hundreds of firms who tried and failed during the ICO boom

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Mining

CoinFly Enters The Market As A Miners To Miners Solution

The new CoinFly solution enters the market: that is the similarly-named “all-in-one” mining system, made by miners and for miners. The market has never had such a comprehensive solution before, which makes the CoinFly system truly unique. Everything needed for simple and profitable mining is integrated into the system: all the necessary functions are brought […]

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Mining

$25,000 Bitcoin Price Next for Perma-Bull Tom Lee after Ringing Crypto Winter Dead

By CCN: Fundstrat CEO Tom Lee says the ‘crypto winter’ is finally over, offering 13 solid reasons to back up his claim. According to the bitcoin perma-bull, there’s nothing but blue sky between here and his $25,000 price prediction. If he’s right, then bitcoin has bottomed for this cycle and we have now entered a bull market. Lee’s 13 signs touched on everything from technical analysis, Wall Street involvement, bitcoin metrics, and generally positive sentiment. After a disturbing pullback to ~$6,200, #Bitcoin back >$8,000 further cementing positive trend intact. As we said a few weeks ago, Consensus 2019 @coindesk was

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Mining

Binance Launchpad Coins Fetch Eye-Popping Returns of 620% and 787%

By CCN: Binance CEO Changpeng “CZ” Zhao in a tweet on Sunday congratulated Binance Launchpad projects for their spectacular returns. Projects that went through @binance Launchpad. Congrats! pic.twitter.com/YKIIGyHmJZ — CZ Binance (@cz_binance) May 19, 2019 Meanwhile, Binance Coin (BNB) has been climbing higher, rising approximately 40% since the hack in which 7,000 bitcoins were stolen from the exchange’s BTC hot wallet. It looks like investors aren’t the least bit worried about the security of crypto exchange Binance after the hack. Meanwhile, the success of Binance Launchpad in hand-picking, cultivating, and offering new cryptos to investors is holding up the business

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Mining

What is an STO (Security Token Offering) & 10 Reasons Why It Will Have a Massive Impact

The world of startup financing took a major turn in 2017 as initial coin offerings (ICOs) burst onto the scene. In 2017 and 2018, more than $14 billion flowed into blockchain projects as investors looked to capitalize on crypto euphoria and the low barriers to entry made possible by the ICO funding model. It has been less than a year since the market for ICOs went bust, but the impact of the new crowdfunding model will endure for many years to come as startups look to tokenize real assets and leverage the power of the crowd to finance their next

The post What is an STO (Security Token Offering) & 10 Reasons Why It Will Have a Massive Impact appeared first on CCN

Mining

Indian Bitcoin Trader Hangs Himself, Blames Senior Indian Cop in Suicide Note

By CCN: A bitcoin trader in India’s Gujarat State has been pushed to suicide after incurring losses in a cryptocurrency investment he made on behalf of a senior police officer. According to Ahmedabad Mirror, the Bharat Patel hanged himself early Sunday. This was after Chirag Savani, a deputy superintendent of police, and his elder brother, Harnish Savani (AKA Montu) pressured him to compensate them for losses they incurred after investing in bitcoin. In a suicide note, Patel explained that he had invested money belonging to the two brothers in bitcoin. Allegedly the senior police officer had invested an amount worth

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