99Crypto

On July 10, most digital currencies experienced a sharp decline in prices. This came after Bitcoin briefly surpassed the $13,000 mark. At the moment, Bitcoin is trading at a little more than $12,000, after falling more 3.5% for the day. Still, for the week the world'…

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The cryptocurrency market has seen bouts of explosive growth over the past few weeks. However, each episode of growth has ended in a pullback as well. Investors have pulled the market out of the basement with solid overall growth, though. Such growth isn't being driven by any particular…

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Mt. Gox creditors received some good news recently. Fortress Investment Group is buying claims at double Bitcoins value 10 April 2014 when cryptocurrency exchange was declared insolvent and ordered to liquidate after a massive hack. While Mt. Gox eventually recovered 200,000 bitcoins, 650,000 were lost forever. The assets…

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Security token offerings (STOs) are becoming quite popular in the world of cryptocurrencies. While they are similar to initial coin offerings (ICOs) in that they involve the sale of tokens that are recorded on a blockchain, they offer a significant advantage over them: they are backed by tangible physical assets.…

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Bitcoin Rallies Above $11,000 At the beginning of the week, Bitcoin briefly fell below the $10,000 mark. But then it rallied by 20%, to rise above $11,000. It even surpassed $12,000 for a short time before falling back a little. Analysts are very bullish on Bitcoin…

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Synthetics is an Ethereum-based synthetic asset platform for minting and trading synthetic currencies. It functions as a peer-to-peer setup. On June 24, it lost track of more than 37 million units of the synthetic Ether digital currency. It stopped trading on the platform at that time. Users lost access for…

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