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NASDAQ In Funding For New Cryptocurrency Exchange

A recent article published earlier in the week suggests VC arms of Nasdaq and Fidelity Investments have funded a new cryptocurrency exchange named ErisX. Overall, the startup raised a total of $27.5 million during its Series B funding round. ErisX will allegedly provide users with the opportunity to trade major cryptocurrencies like Litecoin, Ethereum and Bitcoin on futures and spot markets from the second quarter of next year. The trading platform will begin its operations after it secures the right approval from regulatory bodies. Nasdaq has recently confirmed that its participation in the Series B funding round but it has...

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Bitcoin (BTC) Likely To Climb Back To $4,000 But Downtrend Remains Intact

Bitcoin (BTC) is still in a downtrend but it has now bounced off the bottom of the descending channel it is trading in. This is why BTC/USD is expected to at least climb all the way back towards the top of the channel before beginning another wave. A lot of indicators on higher time frames indicate that this might have been the last wave down for the next few months, meaning that we have reached a bottom but a double bottom will likely be formed in the next few months. It is thus very probable that Bitcoin (BTC) will climb...

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Bitcoin Bug Bounty Offered By New Ethereum Project

Bug bounties are becoming more and more popular, PolySwarm is the latest project to hit the blockchain to do just that. According to the PolySwarm website: “PolySwarm is a decentralized threat intelligence marketplace that rewards security experts for accurately identifying malware.” The marketplace is set to be released by the end of the year, in which security experts will be rewarded with cryptocurrency for discovering new threats of malware. The firm claims that the ecosystem will be the first of its kind and will provide an opportunity for hackers across the globe to legitimately earn money and provide more extensive...

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TRON Creeps Into Tenth Place

Even though bad news surrounds the whole crypto market as we close the year, TRON enthusiasts woke up today seeing their beloved cryptocurrency to enter the top ten as it is now is tenth according to CoinMarketCap. This is a great milestone for TRON and when you consider that it made it to tenth during a tough time for the market, this is even more significant for the cryptocurrency. In the short term recovery following the market crash in November, TRON was one of the top gainers which paved the way for recovery. Despite the crypto asset making ground by...

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Draper’s Bitcoin Prediction Is Sky High

The well-known venture capitalist from Silicon Valley, Tim Draper has been a long time believer in the leading cryptocurrency, Bitcoin and allegedly invested a lot of his wealth in the asset four years ago leaving him with 40,000 coins. Even though Bitcoin has skyrocketed to a high of $20,000 since then in December 2017 following a bull-run which sent all cryptocurrencies to new heights, the venture capitalist has claimed that he hasn’t sold any of his coins as he still expects this fresh-faced digital asset to boom even more. Recently, Draper has doubled down on his Bitcoin price prediction of...

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