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Coinbase Commerce, a cryptocurrency payment provider, has announced a series of initiatives to support crypto commerce, including a WooCommerce plugin to give millions of merchants the option to accept cryptocurrencies, the ability to send bitcoin and litecoin directly, and other new capabilities. Coinbase believes the improved access will support adoption of cryptocurrency and a more...
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Canaan Creative has launched what it hopes will be the future of the blockchain and the first of a series of releases that will improve its position as it battles for increased market share in the bitcoin mining device market. Dubbed the AvalonMiner Inside, the smart TV also doubles as a bitcoin mining device, and...
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The CEO of Sky Mining, a crypto mining company in Vietnam, has disappeared with investor funds totaling about $35 million, according to a local news outlet. About 20 investors of Sky Mining reported the matter to the local police in the Phú Nhuận District after learning that “approximately 600 mining machines had been removed” by imposters...
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Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes or wherever you get your podcasts. Price Watch: Bitcoin increased nearly 9% this week after a non-trivial gain of 18% last week. The price was all over the place this...
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At a Congressional hearing earlier this year, a key member affirmed his intention “to not sit by idly” while the cryptocurrency investors remain unprotected. That congressman, Rep. Bill Huizenga (R-MI), has once again called Congress for oversight of what he believes is a “muddled and fairly opaque” cryptocurrency market. A contender to lead the House...
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The State Securities Commission of Vietnam (SSC), the country’s stock market watchdog, has reportedly forbidden industry firms from engaging in cryptocurrency-related activities. Vietnam’s official state news agency is reporting that the country’s securities markets watchdog has ‘required’ the industry to not partake in “any issuance, transaction or brokerage activities related to cryptocurrencies” in a circular to all...
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Mike Novogratz, bitcoin advocate and founder of Galaxy Digital, believes that the cryptocurrency market capitalization won’t reach $800 billion by the end of this year, as he previously predicted. However, the billionaire investor maintains that it will do so within the next 12 months. Cryptocurrency Market Headed to $800 Billion in Calendar Year In an...
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If you were to play a word association game with anyone in the general public and said “cryptocurrency”, the first thing they would say would almost definitely be “Bitcoin”. Bitcoin and cryptocurrency are effectively interchangeable to a large portion of the world, and this might be a bad thing. By having it so all cryptocurrencies...
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The recent decline in cryptocurrency mining has eroded demand for graphics cards, with card suppliers planning to slash prices to clean out their inventories. The softening market has snagged demand for ASIC mining equipment, supply chain sources have indicated. Graphics card prices are expected to fall about 20% this month, suppliers noted,  according to Digitimes. Manufacturers Feel The...
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Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin, the most dominant cryptocurrency in the global market, as of late. Throughout the past year, Circle, the $3 billion cryptocurrency exchange and payments platform, and Coinbase, the $8 billion cryptocurrency brokerage company which also remains as...
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