CryptoCoin123

Bitcoin, Ethereum, Altcoins, Mining, Trading & more

Bitcoin is not a Ponzi scheme – here’s why!

  There are so many myths about Bitcoin that has to be put to rest. One such big myth is that Bitcoin is a Ponzi scheme. Well, in order to state that the Bitcoin is a Ponzi scheme, one must know what a Ponzi scheme is. It is not a nice thing two come To…
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Wikipedia creator: Crypto world is definitely in a bubble

  Jimmy Wales, one of the co-founders of the world’s largest online encyclopedia had stated his beliefs. He mentions that at the current state of the crypto world and the trend that it is carrying along with itself, there is likely to be a burst of the bubble. He states, from his years of experience…
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Ride hailing giant Didi Chuxing to launch Blockchain Uber

The co-founder of the Didi Chuxing ride-hailing company, Weixing Chen, is partnering now with the co-founder of Meituan, Yang Jun, to offer a ride-hailing app, for what is to be known as one of the very first ride-hailing apps that is supported by the blockchain technology. Didi Chuxing is well known for being one of…
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Research shows that the average ICO investor makes 82 percent profit

There has been a lot of research and news that have highlighted the scams and similar such events within the initial coin offering (ICO) industry. But a new report now, that has been published by the Boston College Carroll School Of Management shows that the average investor in the ICO is still making significant profits.…
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Instant Cross-Border payments being made using Ripple by Kuwaiti banks

The Kuwait Finance House (KFH) has joined the RippleNet, thereby becoming the first bank in the Arab nation to adopt this form of new payment. The RippleNet is an enterprise blockchain network for international remittance payments from the industry giant Ripple. RippleNet is a SWIFT-replacement global blockchain network that oversees more than 100 financial institutions…
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A How-To guide on using a Bitcoin ATM

Yes, you heard it right. Bitcoin ATM’s do exist, and most of us don’t even know it. And if you too didn’t know, then you have landed in the right place. In this How-To guide, you shall get to know how to use a Bitcoin ATM to buy and sell Bitcoins and also where can…
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USD 80 million crypto investment scam being investigated by South African authorities

A company called Bitcaw Trading company is being investigated by South African authorities for its involvement in investment fraud of a loss of over 1 billion rands (which is approximately USD 80 million). This loss has affected the lives of 28,000 people tremendously. Authorities have now come to believe that there were certain individuals that…
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Analysts says that the price of Bitcoin to bottom out during short term at USD 5,700 before recovery

The Bitcoin price is most likely to fall below the USD 6,000 mark in the coming short-term period, that is to say within a few months. This prediction is a statement made by a respected cryptocurrency and digital asset analyst – Will Woo. Since the mid of May, the Bitcoin price has failed to stay…
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A new platform is being launched in June by BTCC – The world’s oldest Bitcoin exchange

The Chinese cryptocurrency firm BTCC has announced their new plans in upgrading to a new cryptocurrency platform in the month of June. It will also support cryptocurrencies that include Bitcoin, Ethereum, Bitcoin Cash and Litecoin at launch. BTCC is based out of Hong Kong. This Hong Kong-based company has also confirmed this information, stating that…
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A cryptocurrency investor loses USD 60 million in Bitcoin and never got it back – here’s how

  A 32-year old IT specialist, James Howells, recently switched to a full-time investor in cryptocurrencies and has mentioned to the New York Post that during the earlier phases of Bitcoin in the year of 2009, he had amassed a wealth of USD 60 million in today’s worth and was never unable to retrieve it.…
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