Bitcoin to reach $40,000 by the end of 2018, predicts Investor and analyst Michael Novogratz

Bitcoin to reach $40,000 by the end of 2018, predicts Investor and analyst Michael Novogratz

Berlin: Just as the cryptocurrency, Bitcoin, took a record leap to cross $10,000, investor and analyst Michael Novogratz predicts it to reach $40,000 by the end of next year. While hinting Bitcoin to be an economic bubble a couple of months ago, Novogratz had indicated Bitcoin value to hit $10000. On this background, his new […]

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Bitcoin surges to $9000

Bitcoin surges to $9000

Washington: In the last two days, the currency ‘Bitcoin’ has taken a record leap by crossing the $ 9,000 mark. Bitcoin’s value has risen by 10 % in the last 24 hours, and on Sunday it reached $ 9,017.42. It has been revealed that the components like ‘Thanks Giving‘ of the United States and ‘Black Friday […]

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Government may possibly ban cheque book to boost digital transactions

Government may possibly ban cheque book  to boost digital transactions

New Delhi: The Central government that had taken the decision to demonetize 1000 and 500 rupees currency notes last year, is all set to take an another important decision to encourage digital transactions. Pravin Khandelwal, secretary general of Confederation of all India Traders (CAIT), has expressed the possibility of central government announcing its decision to withdraw […]

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New law to prevent imports of cheap ‘Chinese’ products into Europe

New law to prevent imports of cheap ‘Chinese’ products into Europe

Strasbourg: New law has been passed to prevent import of cheap Chinese products into European countries. It was passed by 554 votes to 48 against, in the European parliament’s session on Wednesday. It was finalized after last month’s discussion amongst the European council members and the parliament. Although, the European Union (EU) in the past […]

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Bitcoin rate sharply falls by 1300 Dollars

Bitcoin rate sharply falls by 1300 Dollars

Moscow: ‘Bitcoin’ rate hitting a record high of 7,888 Dollars three days back, has now sharply fallen by 1300 Dollars. In barely 48 hours, the ‘Bitcoin’ rate has declined by 17%. The fall may be triggered by sudden withdrawal of decision to implement technical improvement in ‘Bitcoin’. This decline substantiates  the speculation of Bitcoin investment […]

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No need to regulate Cryptocurrencies and Blockchain claims Reserve Bank of Australia

No need to regulate Cryptocurrencies and Blockchain claims Reserve Bank of Australia

Australia central bank, the Reserve Bank of Australia has claimed that there is no need to put regulations on ‘Cryptocurrencies’ and the underlying ‘Blockchain’ technology. This information has emerged a month back during a hearing before the Australian Parliament. Just few months back, Australia had clarified that ‘Bitcoin’ could be used like any other currency. […]

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Amazon preparing to enter Cryptocurrencies; buys relevant domains

Amazon preparing to enter Cryptocurrencies; buys relevant domains

Amazon,the multinational giant with annual revenue of USD 136 billion and total assets worth USD 83 billion is reportedly getting ready to enter the Cryptocurrency sector. Reports say that the company, which is considered the leader in electronics, online shopping, cloud computing, etc. has registered 3 domains or web-addresses related to cryptocurrency. As of now, […]

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Experts warn about Bitcoin

Experts warn about Bitcoin

The past year has seen an unprecedented increase in the value of the Bitcoin. Although some financial experts have predicted that the cryptocurrency has a great future, there are many others who have expressed their reservations about Bitcoin, and have advised caution. The kind of surge that has been witnessed in the value of the […]

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Cyber theft attacks target Bitcoins and other Cryptocurrencies

Cyber theft attacks target Bitcoins and other Cryptocurrencies

Moscow, 03 Nov 2017: The number of cyber-attacks on Bitcoin and other cryptocurrencies is on the rise over the past few months indicating that this mode of currency is no longer invulnerable, reports Russian Cybersecurity firm ‘Kaspersky’. The cryptocurrencies are being attacked with the help of a malware named ‘Cryptoshuffler’ which has led to the […]

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