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Ripple VP Announces South Korea Will Become A Crypto Power House

Hailed as one of the fastest growing markets in the world, South Korea has had many international companies set its sights on expanding its Asian outputs further into the area. This was emphasised even further by Ripple's VP, Eric van Miltenburg, who called for South Korea to relax its laws concerning cryptocurrency. By changing its laws, South Korea could see its economy booming and cement its position as a global powerhouse. In an interview with The Korea Times, Miltenburg argued that the regulations needed to help control the cryptocurrency market should be promoting the market, rather than slowing down its...

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Litecoin (LTC) Consolidates Above $90, Eyes A Break Past $100 In The Days Ahead

Litecoin (LTC) continues to be an investors’ favorite in the crypto community. Despite the recent improvements to Bitcoin (BTC) and the growing use of Bitcoin Cash (BCH) to transfer funds to and fro, the significance of Litecoin (LTC) does not seem to be affected at all. When Charlie Lee, the founder of Litecoin (LTC) sold all of his Litecoin (LTC) and distanced himself from the project, many thought this would accelerate the end of this cryptocurrency that is losing its relevance every passing day. However, nothing of the sort happened and even institutional investors today continue to hold Litecoin (LTC)...

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Major Banks Dealing In Bitcoin

It was announced last week that two large Russian banks are building cryptocurrency portfolios for their biggest clients. Under the supervision of Bank of Russia, companies are beginning to offer customers and clients shares in a brand new fund that trades in six of the most popular cryptocurrencies available to trade on the market today. According to the article, Sberbank - who process paychecks for governmental employees - will also help in the introduction of cryptocurrency into the financial movements of the major banks, as well as a number of private companies. A representative for the company announced that this...

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Bitcoin (BTC) Yet To Test $6,000 Before A Likely Reversal

Bitcoin (BTC) price has continued to fall out of triangles since the big fall from $19,783 in January 2018. However, it is fair to mention that the triangles have become less steep over the time and the slope signals a pending reversal in the near future. Having said that, it is important to note that for a reversal to occur Bitcoin (BTC) has to complete the current cycle. That cycle will only be completed when the price falls to $6,000 level and successfully bounces back from there. Most technical as well as fundamental indicators point to a reversal at this...

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High Chance Amazon Will Partner With Ripple (XRP) In 2018

Not content with being one of the most ubiquitous companies in the world, it is speculated that Amazon is highly likely to partner with Ripple (XRP) in 2018. Ripple, an international real-time gross settlement company dealing in currency exchange, supports cryptocurrency exchanges and flat coins, has been exploring growth expansion into the banking sector. It appears to be in part due to a growing respect for cryptocurrency and international investment, and it seems as though Amazon is wanting to get in on the ground floor. Rumours about Amazon and Ripple forming a potential partnership have been floating for a few...

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