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Bitcoin Cash to end year on a high

Bitcoin Cash, a hard fork of Bitcoin, opened for trading back on August 1st 2017. Since Bitcoin has been grabbing all the headlines in the recent months, the latest Bitcoin Cash news has increased the excitement surrounding digital currency Thomson Reuters has reportedly added Bitcoin Cash to Eikon. Eikon is its Bloomberg terminal challenger platform, and seems to have been inspired by the surge of interests in cryptocurrencies. Bitcoin Cash data can be accessed by thousands of financial professionals through Eikon, allowing them to see every move of Bitcoin Cash price. Launched in 2010, Eikon is Reuters’ financial information platform....

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Bitcoin Creator now in the top 50 Richest people, whoever they are...

When it reached a high of $19,771 yesterday, Bitcoin made the creator of the cryptocurrency the 44th richest person on the planet – if you go by Forbes’ list, noted Quartz. The problem? Even after eight years since it was launched, we still don’t know who that is. Over the past few years, many people have been suspected to be the inventor, who goes by the pseudonym Satoshi Nakamoto. The list includes cryptography student Michael Clear, Finnish game developer Vili Lehdonvirta, and even a trio identified by Fast Company. The closest the world might have got to unmasking Nakamoto was...

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Bitcoin Cash Set To Close Out 2017 With Huge Infrastructure Support

Bitcoin Cash has seen a significant growth throughout the year; from merchant acceptance, cryptocurrency business integrating support, and many other additions to the BCH economy, which show that Bitcoin Cash will no doubt have some robust infrastructure for the year ahead. The price of Bitcoin has jumped significantly, topping at $2,000 per BCH. With figures like this, it is easy to see that it still commands the fourth largest market capitalisation this month, with the market cap surpassing $31billion. The trade volume has been incredibly high all week, and today, it has traded over $2.4billion worth of BCH. An astonishing...

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Bitcoin And Ethereum Transfer Fees Opening Door To Dash, EOS And Other Coins

The news that Bitcoin and Ethereum have increased their transaction fees could seriously hinder their popularity, and trading ability. It has also allowed the lesser known and less popular cryptocurrencies, such as EOS and Dash to come forward and grow in popularity, especially since they have just announced that they are reducing their costs. Bitcoin have increased their transaction fees to $5 per transaction. This increase makes this cryptocurrency completely unsuitable for smaller transactions, which will reduce the chances of this virtual currency becoming an everyday currency, in the same way traditional ones are. The question that is worrying Bitcoin...

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"Bitcoin Is No Currency!"

This bold statement has been made by Chris Iggo, the chief investment officer of Axa Investment Management. Despite admitting that those following Bitcoin would have been nothing but amazed at the recent price surge, he goes on to say that it is hard to see the digital asset as a currency, saying;  “[Money should act as] a store of value and a means of exchange…[it’s] hard to see that Bitcoin satisfies those criteria”  He believes that we are witnessing a digital bubble, and fears that our jobs might be taken by robots. He says;  “It is fair to conclude that...

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