1 BTC = $ 11400.005 USD

Bitcoin Price to Hit $100,000 in 2018, Predicts Saxo Bank Analyst

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An analyst at Saxo Bank said that he believes the bitcoin price could reach $100,000 in 2018 due to increased interest from institutional investors. Institutional Investors Could Bid Bitcoin Price Up to $100,000 Kay Van-Petersen made waves in Dec. 2016 when he predicted that the bitcoin price could reach as high as $2,000 in 2017,

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Via:: cryptocoinnews

      

Could the Fishbank Game be a Safe Shelter for Crypto Assets during Storm?

The post Could the Fishbank Game be a Safe Shelter for Crypto Assets during Storm? appeared first on CCN

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. As the number of ICOs collected millions of dollars previous year had gone to develop their products it became quite obvious that the only practical implementation of blockchain

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Via:: cryptocoinnews

      

Beijing Court Dismisses Lawsuit Against Bitcoin Exchanges

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A Beijing district court dismissed a lawsuit against a group of Chinese bitcoin exchanges, ruling that in the absence of clear evidence that exchanges are operating illegally, individuals are responsible for their own trading behavior. As first reported in the Beijing Morning Post, a Mr. Wang lost RMB 400,000 (~$61,500) trading bitcoin. Faced with this

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Via:: cryptocoinnews

      

Ripple Price Surges 49% as Market Shakes Off Wednesday Woes

The post Ripple Price Surges 49% as Market Shakes Off Wednesday Woes appeared first on CCN

The ripple price surged by 49 percent on Thursday as the cryptocurrency markets made a $177 billion recovery from Wednesday’s low-point. Ripple Price Makes 49 Percent Recovery Like all cryptocurrencies, this week’s market movements have dealt ripple a losing hand. After peaking near $4 earlier this month, the ripple price plunged as low as $0.88

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Via:: cryptocoinnews

      

Bitcoin Poses No Threat to Dollar, Federal Reserve Official Says

The post Bitcoin Poses No Threat to Dollar, Federal Reserve Official Says appeared first on CCN

Bitcoin, whose ballooning market cap reached above $325 billion a month ago, is not a worthy opponent for fiat money, says Minneapolis Federal Reserve President Neel Kashkari. In fact, no single cryptocurrency could give the US dollar a run for its money, so to speak. Instead, they are more likely to tussle with one another as they

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Via:: cryptocoinnews

      

Carmaker Proton Suspends Auto Dealership for Accepting Bitcoin

The post Carmaker Proton Suspends Auto Dealership for Accepting Bitcoin appeared first on CCN

It wasn’t Malaysian regulators that suspended the dealership branch but instead the auto manufacturer, Proton Holdings. A Selangor-based Proton dealership took it upon itself to begin accepting bitcoin as a form of payment. The problem is that automaker Proton never gave the dealership the green light, with the company saying it doesn’t recognize cryptocurrencies as

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Via:: cryptocoinnews