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A New Cryptocurrency Will Hit The UK in 2018

A new cryptocurrency is being set up ready for release in the UK just next year. It has been claimed that this could transform the banking industry in Britain as we know it, and could possibly be the end for high street banks. The new currency, of which we are yet to know the name could allow the citizens of the United Kingdom to keep all of their money in digital form, as opposed to going to a traditional retail bank. This could completely transform the way in which people make their purchases, and could allow people to complete major...

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Bitcoin Fees Have Hit A New High

Bitcoin transaction fees have risen from $2 per transaction to a huge $37 in just over two months. This is a huge rise, and it could all be down to a simple reason – the network is completely overloaded. The initial increase came in early December, at the same time that Steam announced that it would stop accepting Bitcoin payments for games. They used the payment system BitPay, which has some high profile customers, including Microsoft, NewEgg and APMEX. This system lets merchants accept Bitcoin as payment, in exchange for their goods, and whilst many are citing BitPay as the...

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Bitcoin Scraps Anonymity

Bitcoin is hitting the headlines again. This time because of a price warning that two thirds of Bitcoin owners are to sell their shares in the virtual currency as South Korea plans to ban all anonymous trading.   On top of this, the price of Bitcoin dropped 16 percent this week, going from a high of $16,895 to $14,081 the next morning. This has led Chris Gersch, who is the director of strategy for Bell Curve Capital, to predict that more turbulence is to be expected for the world’s first and most popular cryptocurrency.   In an interview with Bloomberg, he said...

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India Have Launched Their First Bitcoin Trading App

Bitcoin has had its fair share of highs and lows over the recent months, and it is apparent that the last week, it has been in the headlines for all of the wrong reasons. After the huge price boom, where Bitcoin reached an all-time high it then hit the headlines after the price, as many professionals predicted once again came crashing back down again. So, good news was needed, and this came from New Delhi, who announced that cryptocurrency dealer Pluto Exchange would be launching India’s first mobile application for transacting in the virtual currency.   The founder and Chief Executive...

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The Difference Between Ethereum And Bitcoin

Bitcoin and Ethereum are among two of the most popular cryptocurrencies, but what are the main differences between the two, and which one should you invest in? Their age is one of the biggest differences. Bitcoin was the original cryptocurrency that hit the markets in 2009, yet Ethereum showed up six years later in 2015 as a potential alternative. STORE OF VALUE Let’s take a look at their storing value. Between the two, the clear winner has to be Bitcoin. It is the most valuable coin in the world, and has definitely proven itself. This is likely to be down...

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