Bitcoin Price Recovers 12% in 72 Hours While Traders Remain Cautious in Short-Term

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Since December 8, the Bitcoin price has increased from $3,210 to $3,588, by just about 12 percent against the U.S. dollar. In the same time frame, the cryptocurrency market added $11 billion to its valuation, avoiding a further drop below the $100 billion mark, which could have been critical for the short-term trend of the The post Bitcoin Price Recovers 12% in 72 Hours While Traders Remain Cautious in Short-Term appeared first on CCN

Why Billionaire Investors Still Remain Positive on Long-Term Trend of Crypto

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Mike Novogratz, Jim Breyer, and Tim Draper are some of many billionaire investors in the traditional financial market who remain optimistic towards the long-term trend of crypto. How are these investors able to maintain their positive stance in regards to the growth of the cryptocurrency sector following an 85 percent decline in valuation across the The post Why Billionaire Investors Still Remain Positive on Long-Term Trend of Crypto appeared first on CCN

Tron Founder Justin Sun Wants to ‘Rescue’ DApp Developers from Ethereum & EOS

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Tron founder Justin Sun has thrown a jab at Ethereum and EOS, announcing on Twitter that the company wishes to create a fund to “rescue” dApp developers working on both platforms on the condition that they move their dApps to the Tron network. #TRON will build a fund to rescue #ETH and #EOS developers from The post Tron Founder Justin Sun Wants to ‘Rescue’ DApp Developers from Ethereum & EOS appeared first on CCN

Regulatory Overreach is Crippling the U.S. Crypto Sector: Law Prof.

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A law professor has reached an unflattering conclusion regarding the regulatory climate of the crypto space in the United States — it’s confusing! According to Carol Goforth, who teaches at the University of Arkansas School of Law, “overlapping regulations produced by a multitude of distinct agencies with different missions and priorities” has resulted in a The post Regulatory Overreach is Crippling the U.S. Crypto Sector: Law Prof. appeared first on CCN

KFC Venezuela Accepts Dash Cryptocurrency, Joining Subway and Papa John’s

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KFC in Venezuela is accepting payments using the cryptocurrency Dash starting this week, joining a growing list of fast-food chains that accept crypto in Venezuela, including Subway and the Papa John’s pizza chain. KFC will initially roll out the program at its store in the Venezuelan capital of Caracas before expanding to 24 other locations across The post KFC Venezuela Accepts Dash Cryptocurrency, Joining Subway and Papa John’s appeared first on CCN

This Week in Crypto: Never-Ending Bitcoin Cash Drama & a[nother] Blockchain Phone

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The Bitcoin price grabbed the headlines this week, once again plunging to a new yearly low and placing the crypto market on the brink of sinking below the $100 billion level for the first time in 2018. However, there was much more than price action afoot, and, per the usual, much of it involved drama The post This Week in Crypto: Never-Ending Bitcoin Cash Drama & a[nother] Blockchain Phone appeared first on CCN