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Digital Currencies

California City Official Uses Bitcoin Cash to Purchase Cannabis

<header class=”article__header”> </header> <strong>In California, cryptocurrency payments are making headway in the cannabis industry as Berkeley City Councilmember Ben Bartlett became the first elected official to purchase cannabis using a digital asset. On Tuesday, Bartlett utilized bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) and Cred’s LBA token to facilitate the transaction at the Ohana …

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Market Outlook: Uncertainty Builds With Thin Trade Volumes and Bitcoin Futures Launch

<header class=”article__header”> </header> <strong>Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism.</strong> Also Read: Bitmain Launches Next Gen Miner …

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‘Avoid Biased Calculations’ Says Crypto Researcher After Cherry-Picked Chart Debate

<header class=”article__header”> </header> <strong>On Friday, crypto analytics site Messari and data analyst Zack Voell shared a controversial chart called “Bitcoin Cash versus Lightning,” which claims to display a comparison of activity for both networks. Voell contended that the Lightning Network was growing at a faster rate than the scaling solution <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener …

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Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests

<header class=”article__header”> </header> <strong>The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves …

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Cryptocurrency Domains Have Become Hot Property

<header class=”article__header”> </header> <strong>Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up to seven figures.</strong> Also read: How …

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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

<header class=”article__header”> </header> <strong>Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements …

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Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks

<header class=”article__header”> </header> <strong>The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark Hang Seng index, and now pro-independence activist, Chen …

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Central Banks Worldwide Testing Their Own Digital Currencies

<header class=”article__header”> </header> <strong>Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft …

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Market Outlook: Bitcoin Cash Spikes While Economic Fears Spread Worldwide

<header class=”article__header”> </header> <strong>On Tuesday, August 13, most digital currency prices have dropped in value between 2-5% while crypto trade volumes globally have fallen to $46 billion in the last 48 hours. Despite the downturns across the board, bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) is holding steady, up 2% today and now commanding …

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Goldman-Backed Apple Card Restricts Cryptocurrency Purchases

<header class=”article__header”> </header> <strong>Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and other “cash equivalents” like lottery tickets and casino chips.</strong> Also Read: Banks Stopped Walmart …

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