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Market Update - Bitcoin, Ripple XRP And Cardano Back Down

After a full day of positive movements, the markets have retreated back to their usual negative trajectory, proving that the early optimism of the week can be put down to nothing more than a period of correction. As a result of this, the markets have entered a negative slide suggesting that today will see further retraction. Values are moving back down and thus, the bears are still in control. It is unfortunate that we are starting July this way. We had hoped that after two fairly negative months, July would be the month to see prices shoot up again, yet...

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New Super Group To Spearhead International Tax Enforcement Campaign

It is pretty rare to see countries come together to work on a new policy in a uniform manner. Unless of course their objectives are financial, then it seems everyone is happy to work with anyone in pursuit of financial gain. Yesterday afternoon, a new super group named ‘J5’ was launched, in order to bring together the tax enforcement efforts of Australia, Canada, the Netherlands, the United Kingdom and the United States. Within this, the Australian Criminal Intelligence Commission and Australian Taxation Office, the Canada Revenue Agency, the Dutch Fiscal Information and Investigation Service, Her Majesty’s Revenue & Customs and...

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Failing ICO’s Are Making Bitcoin More Dominant

Though the price of Bitcoin has fallen over the past few days, Bitcoin’s dominance has seen some growth. In fact, in just two months, the growth of Bitcoin has risen by almost 10%. Recent reports now find that some of this could be down to the sheer number of failing ICO’s that have surfaced over the coming months. With ICO’s failing, are more people turning to established coins like Bitcoin for their investments? According to CCN: “In May, the dominance index of bitcoin was at around 35 percent, during a period in which the cryptocurrency market initiated a large corrective...

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Pocket Change: Mobile App Developers And The Mobile Monetization Of Blockchain

Since the original third-party apps were made available for public download in 2008, not much has changed with regards to the mobile economy. The ways that mobile publishers generate revenue have cycled every few years between pay-to-download apps and free apps supported by advertising, in-app purchases, or subscriptions. Each monetization strategy has its own set of inherent benefits and drawbacks, but as the mobile market matures and expands, the drawbacks to each one are becoming more pronounced. Current marketplace for app developers By 2021, more consumers will have a phone (5.5 billion) than have a bank account (5.4 billion), complicating...

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Zug Blockchain Voting System Hailed A Success, Although Participation Was Low

Crypto Valley, a cryptocurrency haven in Zug, Switzerland has made headlines recently for the local authorities move to develop a blockchain based voting system which utilises the towns current digital ID system. The idea is simple. Within this, citizens of Zug are able to vote on local affairs through a mobile phone app that is validated on the blockchain. This ensures transparent and fair voting and could very well pave the way for not just the local political climate in Switzerland, but quite possible across the rest of the world too. Recently, authorities have rolled out a test vote, where...

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