Overstock CEO Predicts Mass Crypto Adoption as Bitcoin Rises

Cryptocurrency markets have fallen by more than 70 percent this year. But according to a veteran from the industry, they are standing at the edge of a revolution. Patrick Byrne, the CEO of Overstock, an Amazon-like marketplace which accepts payments in Bitcoin, said in a recent interview that he is still expecting cryptocurrencies to reach…

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XRP rises like a phoenix after bears attack as Ripple-SWIFT partnership speculations ensue

XRP recently saw itself being a target of the bear’s attack, as the cryptocurrency market lost $13 billion in value yesterday. It was one of the biggest losers during the red day, erasing over 12% of its value. However, it has successfully fended off the lethargy exhibited by other coins after the drop, correcting about…

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XEM Rises 12% And Is Among Top Performing Cryptos

XEM price on TradingView, Sept. 4, 2018. NEM [Crypto: XEM] was a winner for opportunistic traders in early Tuesday trading (U.S. time). XEM’s price increased 12% against the U.S. dollar, rising from $0.111 to $0.123. The continuing rebound was influenced by optimistic trading in South Korea. It has risen nearly 25% since Aug. 30 according…

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Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset trading platforms have been recording solid volumes,…

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Bitcoin Awareness in Canada Rises to 85%: Bank of Canada Report

The high awareness among Canadian residents hasn’t translated to ownership of the digital currency, with the survey finding that only 5 percent of the population owned Bitcoin. This is an increase from the 2.9 percent recorded a year earlier. As expected, the tech-savvy 18-24 demographic leads the race, having more than doubled from 6 percent…

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