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Crypto Has Not Reached Its Full Potential Yet

Cryptocurrencies have significantly grown in value in the past year, and the total market capitalisation is approximately $500billion. This is a significant amount of money, yet we are still not viewing them as part of the mainstream investment, and this is simply because they are so volatile and unregulated and therefore are full of risks. They have huge price changes overnight, and there are over 1,500 coins to choose from, all which have no real regulations surrounding them, which make them very tricky to invest in. They face major challenges, some which are really problematic, such as security flaws at...

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Why Bill Gates Thinks Cryptocurrencies Are Super Risky

Bill Gates, the Microsoft Corp. co-founder carried out a question and answer session on discussion site Reddit, where he voiced his views on cryptocurrencies, expressing concerns for what virtual currencies are used for, and how the anonymity of them encourages illegal and negative behaviour. He said; “The Governments ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now cryptocurrencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICO’s and cryptocurrencies is super...

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Cardano (ADA) Wants To Beat Bitcoin And Ethereum

Cardano has recently stated that due to the fact they have started their own technology from scratch they are going to soon be ahead of cryptocurrency giants Bitcoin and Ethereum. It is their goal to beat them both in the market and have publicly announced this intention. So how do they intend on doing this? Cardano is currently 6th in the market with an $8.7b market cap compared to Bitcoin and Ethereum which are reigning over other cryptocurrencies in the top spots. Before Cardano can even hope to achieve number one status they must first gain value over Litecoin, Bitcoin...

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A New Smartphone Is Being Released That Is Designed To Keep Your Crypto Safe

Despite the rocky start to the year, cryptocurrencies are becoming more widely accepted. Perhaps the latest move to prove this, is a smartphone that is being released that is aimed at securing your investments from even the most skilled hackers. The German cybersecurity firm Sikur, is responsible for the release of this smartphone, and it was unveiled for the first time yesterday at the Mobile World Congress in Barcelona. The phone has the features of a normal smartphone with one added bonus – a built in cryptocurrency software wallet. In order to test the security of the phone, the company...

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Litecoin To Surpass Bitcoin Cash This Year

Litecoin founder Charlie Lee yesterday tweeted that he expects Litecoin to surpass Bitcoin Cash by the end of 2018. Critics consider the recent hard work by the Litecoin team - forging partnerships and pushing for the cryptocurrency to be adopted for use on a number of platforms - as a reasonable step towards a potential increase in value. But will it be enough to overtake BCH? Merchant implementation Rumours abound that Litecoin is set to launch LitePal later in the year. The proposed service will function in a similar way to PayPal, allowing merchants to process transactions for a small...

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