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Bitcoin Ransom Attack Businesses In Holland

Amsterdam Business owners are currently living in fear of criminals who are threatening to cause acts of terror unless they are paid in an extortion fee in Bitcoin. According to a publication in the country, the NLTimes, emails have been sent out to several companies in Amersterdam demanding 50,000 euros worth of Bitcoin. If they fail to pay then according to emails, hand grenades will be planted on the premises of the businesses or the firms will be attacked with guns forcing a closure. The Dutch capital, businesses are required to close up for a period of time in case...

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The Idea That Ether Doesn’t Compete With Bitcoin Makes No Sense

The Idea That Ether Doesn’t Compete with Bitcoin Makes No Sense Ethereum is the only blockchain that has gained a level of success and notoriety that is anywhere near comparable to what Bitcoin has achieved over the past nine years. The Ethereum platform has attempted to differentiate itself from the other Bitcoin alternatives by focusing on its use as a protocol for smart contracts rather than a form of peer-to-peer electronic cash, and many individuals have gone as far as to say that Bitcoin and Ethereum don’t compete with each other at all. Well, here’s why that makes no sense....

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Why International Bitcoin Adoption Is Looking Good

  Listen Here - https://soundcloud.com/cryptodaily/why-international-bitcoin-adoption-is-looking-good We have seen some drastic movements in the markets this week, with many people looking towards the United States SEC, who are currently sat on a large number of Bitcoin ETF decisions. The markets are very sensitive to decisions that are made within the SEC, we only need to look back to earlier this year when the SEC rejected a large Bitcoin ETF application made by the Winklevoss twins. To recap: According to Fox Business, the SEC have commented on their decision to reject the Winklevoss ETF: “Finding that BZX has not demonstrated that bitcoin...

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Strong Correlation Between Bitcoin (BTC) And The S&P 500

Bitcoin (BTC) and the S&P 500 have been known to exhibit strong correlation in the past. However, this correlation is even more pronounced at critical points. For instance, when the S&P 500 started to rally back in late 2016, BTC/USD started to rally in early 2017. Similarly, when Bitcoin (BTC) topped out in late 2017, the S&P 500 topped out as well. Unlike BTC/USD, the SPX500 did not go through a very long correction. However, the correction was as intense in terms of magnitude. Both the S&P 500 and Bitcoin (BTC) are now at a long term trend line and...

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How Bitcoin Could Prevent A Recession

As reported by CCN, in a recent blog post called ‘Trump Is Right, the Fed Is Crazy,’ Ron Paul - the father of the current United States Senator Rand Paul - has blasted the federal reserve for manipulating interest rates. The now-retired US Congressman and ex Bitcoin sceptic, Ron Paul called for a tax exemption on all digital currencies saying that the move could prevent an economic recession. Paul wrote in the blog post: “It is likely that the next Fed-created recession will come sooner rather than later. This could be the major catastrophe that leads to the end of...

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