Trade Wars or Whales? What’s Behind the Bitcoin Price Surge

With all the talks of retaliatory trade wars, turmoil in Hong Kong, and global markets on the downswing, it’s hard to pinpoint why crypto prices are surging at the moment. But Tom Maxon, CoolBitX’s head of U.S. operations, believe it has less to do with macro conditions and more to do with whales taking advantage of the market momentum.   Tom Maxon, Head of U.S. Operations, CoolBitX, an international blockchain security company specializing in digital asset compliance hardware and software:   While markets are in turmoil around the globe, the…

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Should I buy Bitcoin now or should I wait? [ Video ]

The question many are asking right now is whether bitcoin has bottomed, or whether it really matters if bitcoin has bottomed or not.  Bitcoin has dropped nearly 85% to 90% since its all-time high of $20 089 reached on 17 Dec 2017.   So who is right?  Alessio Rastani explains in the video below:-               Please leave your questions and comments below: [adinserter block=”11″]  

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What is the Driving Force of SOUTH AFRICA’s Growing Appetite for BITCOIN and CRYPTO – Video

What is the Driving Force of SOUTH AFRICA’s Growing Appetite for BITCOIN and CRYPTO – Bitcoin is a currency that is known worldwide, especially in South Africa. The issues surrounding the country’s economic state has led to the people to rely on bitcoin to get by. Luckily, bitcoin’s influence is massive in South Africa, which has made daily lives for South Africans easier.   Over the years, the relationship between South Africa and bitcoin has expanded. Besides the trust South Africans have for bitcoin, there are certain factors to take…

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Cryptocurrency Exchanges demand up to $3 million to list ICO tokens

Cryptocurrency exchanges are sitting in the “pound seats” so to say as they are now charging huge listing fees to ICO’s. According to a report by Bitcoin.com and Autonomous,  to list an ICO on well-known cryptocurrency exchanges can cost anywhere between $1 – $3 million.  With these astronomical listing fees, ICO’s could be over funding their projects just to cover these costs.   Interestingly to note, the fee on the Nasdaq Capital Market for a listing of up to 15 million shares costs $55,000, substantially lower than the charges touted…

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Two Indian Bitcoin Exchanges shut down blaming Government

According to the Economic Times in India, Crypto exchanges BTCXIndia and ETHEXIndia have informed their customers via email that they are stopping trading activities.     The exchanges cited the “stress” on their business caused by governmental actions discouraging bitcoin and crypto.   BTCXIndia customers are told they have until March 4, 2018 to withdraw their funds in either Bitcoin(BTC), Ripple (XRP), or the rupee (INR) before an annual wallet maintenance fee is applied. The exchange’s Ripple/INR trading will be halted on March 5.     There is no trading…

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The Great Bitcoin China Showdown

China has banned ICO’s and Bitcoin trading is next – Exchanges have been ordered to shut down their Chinese operations. This sudden development begs some questions:- Will Bitcoin mining be affected? Will compliant exchanges reopen with stricter rules and regulations? Is China developing a sovereign digital currency?   Bitcoin is proving to be resilient … once again.       Smartphones are coming to a blockchain near you, Futuretech on BitVault – Click here to listen     Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave…

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The Facts about Taiwan’s AML laws, USD withdrawals and deposits into Bitcoin Exchanges

This week has seen a developing story regarding certain Bitcoin Exchanges in the Far East no longer processing USD deposits and withdrawals.   Here is a blow by blow account of what transpired to date as reported by WaleCalls:-   March 23 2017 — first noted delay receiving US Dollar withdrawal from Bitfinex . March 31 2017 — Wells Fargo , a major clearing and intermediary bank, starts denying incoming wires to cryptocurrency and MSB based business including Bitfinex citing major Tiawan banking AML reforms. (more on that below). Incoming wires still functioned at this time…

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