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Home CRYPTOCURRENCIES - BUSINESS NEWS

CRYPTOCURRENCIES - BUSINESS NEWS

Cryptocurrencies are one of the quickest-growing branches of the modern financial market. Virtual coins attract both novice traders and veterans. Experienced investors focus on innovative technology and long-term profits while beginners see cryptocurrencies as an opportunity to get rich quickly. However, the cryptocurrency industry is still in the early stage of its development. There is a lack of legal and tax regulations, and it hinders the free circulation of cryptocurrencies. That's why every day you can read hundreds of all sorts of information and business news from the world of cryptocurrencies. Do you want to stay informed all the time? You've found the right place! You will find the latest cryptocurrency news in the 'Cryptocurrencies - business news' tab on Tokeneo website. Cryptocurrencies are still a new field of the financial market. It all began on January 3, 2009 - it was the day when the first block in the Bitcoin (BTC) chain was created. Bitcoin is currently one of the most popular cryptocurrencies in the world. It is the first decentralized coin that was based on the peer-to-peer protocol. It means that Bitcoin is a completely decentralized coin, as opposed to traditional fiduciary money such as euro, dollar, or Polish zloty. Furthermore, Bitcoin's community controls all transactions and their correct course. However, in this system there is no central managing entity such as a bank, politicians, or the state. Many secrets and conspiracy theories concerning this cryptocurrency have been created over the years, for example, the true identity of its creator still remains unknown. This creator, or a team of creators of this e-currency, is known as "Satoshi Nakamoto". Occasionally, further speculations about Nakamoto's real identity are starting to arise. The most frequently mentioned names include Vili Lehdonvirt, Dorian Nakamoto, Craig Wright, Elon Musk, and even the US government. Despite this, Bitcoin is a cryptocurrency that has changed the financial world forever - the development of this coin went really fast. In October 2009, the first purchase of Bitcoin in exchange for dollars was made. For only 5 dollars and 2 cents a user bought 5,050 Bitcoins. In 2010 there was also a case in which a pizza was bought for a staggering amount of 10,000 Bitcoins. One of the most important moments on Bitcoin (BTC)'s record is certainly reaching the ATH (All-Time High, the highest score in history), which took place in December 2017. On September 17, 2017, Bitcoin has reached the price of 19,783.21 USD. Unfortunately, the hot streak did not last long - 2018 was marked by constant declines and a slump. Are you in need of the most important news about cryptocurrencies from both your own country and from around the world? You've found the right place! Tokeneo News' editors observe news agencies and top trade portals every single day. All this to find the most interesting and important information about the native and foreign cryptocurrency market.
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Are Rapid Declines Of Cryptocurrencies an Indication Of a Crisis?

Both Bitcoin and other altcoins have recorded fast and significant declines in the last several hours. Is this a crisis in the cryptocurrency industry?Rapid declinesThe declines were, first...

ShortHop Available In Seven New US States

From now on, the ShortHop cryptocurrency exchange operates in seven more states of the US. It will allow customers to use various platforms' wallets through a single point...

The Chief Of Twitter Believes That BTC Is a Powerful Currency

Twitter chief, Jack Dorsey, when asked about the future of the fintech industry, ventured a thesis concerning Bitcoin as a global currency. Is Bitcoin a dominant currency? Dorsey...

Libra has a new competitor

Facebook's Libra has been in the spotlight for the last few months, and not in a good way. Now, however, the voices of criticism are promoting...

Cryptopia's Customers Might Not Get Their Money Back

Grant Thornton, a company specializing in taxes and auditing, made an announcement regarding progress in securing funds stolen from the Cryptopia exchange. The End of Cryptopia Cryptopia's liquidator...

Winklevoss brothers want to reconciliate with Zuckerberg

Tyler and Cameron Winklevoss have always been supportive of the cryptocurrencies. Now they want to forget old animosities for the sake of this industry. Crypto-supporting twins The world...

The Swiss Still Discuss Cryptocurrencies

The topic of the cryptocurrency in the United States is still relevant. A delegation from the US House Financial Services Committee will raise the issue of Libra...

Is Binance Going To Return To the United States?

Head of Binance, Changpeng Zhao, claims that the cryptocurrency exchange will re-enter the cryptocurrency market in the United States. No specific date has been given yet,...

Samsung Improves Blockchain Keystore

Samsung has placed Blockchain Keystore, a cryptocurrency wallet, in its flagship smartphone. It finally has the function that everyone was waiting for. Cryptocurrencies in Samsung Blockchain Keystore was...

New Zealand Regards Cryptocurrency Salaries As Legal

New Zealand officially declared income in cryptocurrencies as legal. The country introduced a formula on how to tax this income as well. Salaries for employees More specifically, the...
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