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Indian investors attracted to Bitcoin boom

Digital currency exchanges in India claim that investment in Bitcoin has increased significantly in recent weeks, as the cryptocurrency surpasses the $11,000 mark on November 29. This unprecedented rise in interest from Indian investors happens despite rumours that the Indian central bank may soon declare cryptocurrencies illegal. Unocoin CEO Sathvik Vishwanath stated that the number of traders to register on their platform in the last month reached around 200,000, thanks largely to a surge in the interest in Bitcoin. He said that it took the company around three years to acquire 100,000 registered customers, but in the last month a...

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Uphill battle continues for price of Bitcoin Gold

The price of Bitcoin Gold continues its bearish trend, still below $320. It continues to hold $250, but the risk of further declines is still prominent. There seems to be no reprieve for the Bitcoin Gold price, which has plummeted recently close to the $250 support area. Its recent low was recorded at $252.44. There was an upside move, but that met resistance from the $300 mark as buyers failed to force it through the barriers of $300 and $310. The recent 50% Fib retracement level, from $346 high to $252 low was also a major stumbling point. Furthermore, a...

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Cryptocurrency course to break ground in NYU

There is little doubt that Bitcoin has seen an incredible 2017 to date. The rally from the start of the year to current levels has been immense and encouraged many to learn more about cryptocurrencies. One institution to react to this appetite for knowledge is New York University in America. They have seen the way that Bitcoin, in particular, has penetrated the mainstream and acted to help people learn more about it. Course for new undergraduates developed The Stern School of Business within NYU actually began offering a course on cryptocurrencies to its graduate students in 2014. Initially, this started...

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Bitcoin Accepted At PwC

Bitcoin is now being accepted at PwC in Hong Kong for its advisory services, showing just how far crypto currencies have evolved. The firm is working closely with companies in the digital asset and crypto currency space, and has recently started accepting Bitcoin payments. Raymond Chao, Chairman of PwC Asia-Pacific reported that; “We are pleased to now be in a positon to accept crypto-currencies as a form of payment for our services…This decision helps illustrate how we are embracing new technology and incorporating innovative business models across our full range of services. It is also an indication that Bitcoin and...

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Tesla Owner Mining Bitcoin For Free!

A Tesla owner claims to have come up with an environmentally friendly solution to mining Bitcoins, something that is becoming increasingly difficult as the popularity of the cryptocurrency soars. This solution could be the perfect answer to all mining problems, as the current mining rigs use so much power – they are accountable for using 0.13% of the world’s total energy consumption. This equates to more than the whole of Ireland! So how have they done this, and is it really the perfect solution? According to a Facebook post on the Tesla Owners Worldwide page, the owner has installed a...

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