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Ethereum’s Vitalik Buterin Talks About Big Challenges Ahead For Cryptocurrencies

Ethereum’s Vitalik Buterin has said that blockchain technology and digital currency have at least a few more bigger challenges left until they can finally reach a mainstream appeal. Buterin sat down the economist Tyler Cowen in a new interview whist explaining that scalability and making it easier for the users are imperative for the success of new technology. He goes on to say: “Ethereum blockchain’s capacity right now is about 15 transactions a second. If you even consider something like putting all the uber rides on the blockchain, that’s 12 transactions per second already.” He continues to say: “I do...

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Ethereum (ETH) Struggles To Break Past Strong Resistance

Ethereum (ETH) struggled to recover in the last 24 hours but a falling Bitcoin (BTC) has kept it on leash. The price started to take off and was supported by RSI conditions as well as the daily Stochastic, but weak overall market conditions resulted in a short lived rally. Considering most activity on weekends is often useless in markets like these, it is reasonable to expect that any gains made during the weekend could be wiped out in the days ahead. Ethereum (ETH) still looks bullish long term but short term; it has to fall back to the bottom of...

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Market Update - Markets Balance As BTC, ETH, XRP BCH And EOS Level Out

After yet another uncertain week, we are seeing some balance maintaining within the markets this morning after an air of uncertainty has swept the through the crypto sphere over the past few months. It’s been hard work trying to remain optimistic, however today the markets are starting to suggest that the markets could be ready for a fork in the road, a turning point, so to speak. The balance we say today is down to market correction, giving prices a steady edge as values remain at levels that have been consistent through the last few weeks. This is good news,...

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$1.5 Billion Of BTC, ETH And LTC Has Been Illegally Gambled During The World Cup

Police in Guangdong, a city in China have allegedly arrested hundreds of individuals for their involvement in an illegal gambling ring that has seen the gambling of $1.5 Billion in cryptocurrencies over the world cup period. This stems from an investigation across 21 security firms within Guangdong that in total has seen arrests of 540 people, all of whom have had involvement in the organization of illegal gambling rings. According to CCN: “In an announcement, the Guangdong Provincial Public Security Department narrowed down on a specific unnamed online gambling platform that facilitated over RMB 10 billion ($1.5 billion) in cryptocurrency...

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Ethereum (ETH) Appears Bullish Than Ever Despite Sell Pressure

Ethereum (ETH) has been under a lot of sell pressure recently as projects built on Ethereum (ETH) continue to dump their coins on exchanges. It recently happened with EOS (EOS) when company accounts dumped a big load of their Ethereum (ETH) coins on Bitfinex. The same is true of other ICOs conducted on the Ethereum (ETH) blockchain. To Ethereum (ETH) founders and developers, this would be the cost of doing business, which is perfectly fine long term. However, for investors in Ethereum (ETH), it is a major concern considering they never know when an ICO project is going to dump...

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