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Crypto Payment Network To Be Launched By Major Japanese Bank

According to reports out earlier this week, Mitsubishi UFJ Financial Group (MUFG) the biggest bank in Japan have announced that they will be launching their own Blockchain based payment network in just over a years time, during the first six months of 2020. MUFG are a huge bank, by assets they are the fifth biggest bank in the world, therefore the scale of an MUFG led blockchain payment service would be huge - this is a really exciting bit of news. Global Open Network The network has been named the ‘Global Open Network’ and will use blockchain technology to process...

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When Should We Expect Bitcoin To Fly?

If you’re a Bitcoin investor, you might be feeling a little impatient at the moment. Perhaps you’re wondering when you should buy next, when you should sell next, or, most importantly, when Bitcoin will fly next. If we go by the historical data, Bitcoin still does have the capacity to reach $20,000.00 again, though as we have seen through 2018, this is not going to happen organically. Bitcoin can’t gain forward momentum by itself anymore because fewer people are interested in the markets. On a mainstream level, interest in Bitcoin and cryptocurrencies has dropped, why? Because people aren’t making any...

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Bitcoin (BTC) Is About To Make Its Biggest Move In 14 Months

Bitcoin (BTC) is about to make its biggest move in the last 14 months and investors are worried because it will have important implications. There is something interesting going on with Bitcoin Shorts that the mainstream media is deliberately ignoring. Everybody is talking about how the new JP Morgan coin is the end of Bitcoin (BTC) and that it is over for cryptocurrencies now that we have banks issuing their own. Amidst all these useless debates, important developments that would determine the future outlook of BTC/USD for a long time are being ignored. The daily chart for BTCUSDShorts shows that...

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BTC Holding, XRP Join UAE Exchange & Justin Sun Shows His Charitable Side

As always, the crypto space has come out with a lot of fresh news this week with brand new announcements, interviews and price speculation. This week saw one Bitcoin billionaire give his thoughts on BTC and why you should hold it now when ‘no one really cares’. We also saw UAE exchange join Ripple based payments in Thailand and we also saw the charitable side to the CEO of TRON, Justin Sun. Bitcoin (BTC) One Bitcoin billionaire from China has taken to WeChat to discuss the industry. Zhao Dong predicts no thaw of crypto-winter in 2019 but does say that...

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Did Bitcoin Miners Shoot Themselves In The Foot By Advocating For Bigger Blocks?

Throughout the history of Bitcoin’s block size limit controversy, one part of the ecosystem that always seemed in favor of a larger block size limit was miners. Whether it was a proposal for an uncapped block size limit or SegWit2x, miners showed their support for a variety of hard-forking increases to the block size limit over the years. Various mining-related companies such as Bitmain and ViaBTC are also huge supporters of the Bitcoin Cash altcoin, which was created out of the scaling wars. Unfortunately for miners, they don’t control Bitcoin, so the protocol has yet to receive a block size...

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