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Tag Archives: News

Undeniably the Best ICO of 2018, Meet PCHAIN

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the …

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India May Levy 18 Percent Tax on Cryptocurrency Trading Starting July 2018

India, the world’s second-largest country by population, may soon give a glimmer of hope to cryptocurrency investors after months of propagating a negative agenda against the digital asset class. Move Subject to Council’s Approval As reported on Bloomberg, India may soon levy an 18 percent Goods and Services Tax (GST) …

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Why Invest in Litecoin?

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Litecoin is attractive to crypto investors who view Charlie Lee’s creation as a long-term prospect that is linked to Bitcoin’s success. It is …

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CFTC Issues New Guidance on Cryptocurrency Derivatives

The top US markets regulator has issued new guidance to exchanges and other trading platforms that are interested in listing bitcoin futures and other cryptocurrency derivatives products. The Commodity Futures Trading Commission (CFTC) released this new guidance on Monday, providing exchanges with a set of best practices to follow as …

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Walmart Files Patent for Blockchain-based Digital Marketplace

A recently released filing by the U.S. Patent and Trademark Office (USPTO) outlines a blockchain-based framework that Walmart has envisioned as part of its efforts to expand its digital services for retail shoppers. Walmart’s Blockchain Push Filed in 2017 and granted on May 17, 2018, the document is an example of …

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Newsflash: Bears Push Bitcoin Price Back Below $8,000 as Market Sheds $18 Billion

The bitcoin price fell back below the $8,000 level on Tuesday after the flagship cryptocurrency failed to receive a Bitcoin Pizza Day bump. Bitcoin had briefly peaked above $8,600 on Monday, giving investors a false hope that it would make a run back toward $9,000. Unfortunately, this rally proved unsustainable, …

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SEC Chair Jay Clayton Applauds Operation Crypto Sweep’s Crackdown on ICO Scams

Jay Clayton, chairman of the U.S. Securities and Exchange Commission, praised state-level regulators across the United States and Canada for cracking down on cryptocurrency fraud through their joint task force — “Operation Crypto Sweep.” “I applaud our fellow regulators in the United States and Canada who are coordinating and participating …

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1000 Bitcoins Seized in Landmark Israeli Money Laundering Case

The cybercrime division of the State Attorney’s office of Hebron, Israel indicted local resident Hilmi Git on Monday for allegedly using over 800 Israeli credit cards to carry out 20,000 fraudulent transactions and laundering the money using bitcoin. The indictment, filed in the Tel Aviv district courts, alleges that the …

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Big Investors Not Scared by Bitcoin Price Drop, Cryptocurrency Inevitably Replaces Fiat

Avi Salzman, a senior editor for Barron’s magazine, released a report this week featuring big money investors and executives from the rapidly growing cryptocurrency sector who generally believe, despite the recent bitcoin price drop, cryptocurrency will inevitably replace fiat. Inevitable Outcome Over the past five months, the valuation of the …

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