money

Bitcoin price has no place in the bubbles of Tulip Mania [Opinion]

Bitcoin price has no place in the bubbles of Tulip Mania [Opinion]

This week Bitcoin was compared to "other famous bubbles" in the history of sales and stock. In a chart created by Jeremy Grantham, we see several "bubble" situations on some rather bonkers axis, showing each over a period of two years. The chart points directly at Bitcoin going up at a rate much faster than the "other bubbles," ending at zero. But the price of Bitcoin, as they show it here, is measured only in USD.

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KFC Canada offered BTC-themed chicken in Bitcoin Bucket

KFC Canada offered BTC-themed chicken in Bitcoin Bucket

KFC has a wonderful history of getting in on bizarre tech trends, including a food tray that doubles as a Bluetooth keyboard, a meal box that can charge your phone, a VR training game, and even chicken-flavored edible nail polish. The fast food chain's latest promotion attempts to cash-in on the growing Bitcoin craze with a limited time meal that can only be paid for with the cryptocurrency.

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Bitcoin price movement as South Korea fights regulation (BTC USD)

Bitcoin price movement as South Korea fights regulation (BTC USD)

This week South Korean officials announced they were considering banning cryptocurrencies outright. After the price of Bitcoin (and the rest of the cryptocurrency market thereafter) went highly volatile, South Korean officials clarified their earlier statement to attempt to stem panic. Now South Korean citizens are letting their government know what they think about regulation and the officials responsible for the announcement bungle - with threats of politician removal.

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Ripple price leaps on MoneyGram Alibaba news (XRP BTC)

Ripple price leaps on MoneyGram Alibaba news (XRP BTC)

This morning Ripple announced a partnership with MoneyGram. The two companies will team up to bring XRP technology to payment flows. This move was announced to "allows MoneyGram to solve the age-old liquidity issue most financial institutions face while saving time and money." This announcement came on the heels of a cancellation of a MoneyGram sale to online sales giant Alibaba's Ant Financial.

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Bitcoin price biffed in South Korea news bungle (BTC USD)

Bitcoin price biffed in South Korea news bungle (BTC USD)

Bitcoin price became volatile this morning as news from South Korea implied trading of all cryptocurrencies would be banned outright. The reality of the situation soon became clear: regulators in South Korea were only saying they were "considering" a ban in an effort to "cool down" the current cryptocurrency trading boom going on in the country (and indeed worldwide.) In reality, as you might already well know, there's no real way to "ban" the trade of Bitcoin, save the outright banning of all human beings from access to the free and open internet.

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LG Pay US launch date confirmed

LG Pay US launch date confirmed

On the heels of Google merging Android Pay and Google Wallet into one Google Pay to rule them all, another mobile payment system looms over the horizon. While CES was ongoing half a world away, over at Korea LG revealed its plans to bring its existing LG Pay system to the US by the middle of 2018 but with a confusing name change. If and when it does, it will be directly competing with Samsung Pay in features.

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Bitcoin price just tipped because of Warren Buffet’s willful ignorance

Bitcoin price just tipped because of Warren Buffet’s willful ignorance

Bitcoin price and the prices of other cryptocurrencies jolted in opposite directions today because of a Warren Buffet interview. The interview took place on CNBC - where money news teams recently had their hands on the pedal earlier this week as well. This same network released an absurd video on how to purchase Ripple on Poloniex as well as a series of tone deaf statements about how "big" Ripple was compared to Bitcoin earlier this week.

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Ripple will not supplant Bitcoin if its price hits $7

Ripple will not supplant Bitcoin if its price hits $7

CNBC's report on Ripple and Bitcoin this week continues to take effect in hereto unforeseen ways. We spoke yesterday about the segment on "Fast Money" that used the trade site Poloniex to buy one massive amount of Ripple at one time, live on television. Today we're having a chat about what's wrong with the way in which the traditional approach toward stock prices isn't going to fly here in our future full of cryptocurrency.

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Bitcoin price today follows ETH, Litecoin, TRON

Bitcoin price today follows ETH, Litecoin, TRON

Several of the top 10 cryptocurrencies fell today, sort of all at once. It was as if the top of the market had too much to eat over the weekend and had themselves one bit yawn. But as it has been several times in the past few weeks, the top doesn't always move like the bottom, and Altcoins saw some big gains.

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Ripple price just dropped: CNBC is part of the problem

Ripple price just dropped: CNBC is part of the problem

CNBC may well be the reason why Ripple just dropped, after airing a news segment on XRP specifically. Another reason might be that CoinMarketCap decided to remove XRP pricing from Korean exchange desks from the total average - making it appear that that overall price dropped. It might also have to do with the lack of support Ripple has from OG crypto investors - that's real talk.

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Ripple price dips as Coinbase rumor doused (XRP BTC)

Ripple price dips as Coinbase rumor doused (XRP BTC)

Coinbase made a significant announcement this afternoon regarding, but not mentioning specifically, Ripple (AKA $XRP.) As the announcement was made, the price of Ripple ($XRP) fell, there was a dead cat bounce, and the coin's worth continued to tank in a downward direction. If there's one single reason why an investor's worth in USD or BTC today is halved, it's because they put a whole lot of faith in the future of XRP.

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Bitcoin price tips as Merrill Lynch tries bigger block

Bitcoin price tips as Merrill Lynch tries bigger block

Bitcoin price fell early this morning after a report that Merrill Lynch barred advisors and customers from Bitcoin. The company decided they'd attempt officially to block itself from both Bitcoin as well as the brand new Bitcoin Futures Market announced by Cboe Global Markets Inc. and CME Group Inc. back on December 11th, 2017. Bank of America Corp's brokerage arm blocked themselves from Bitcoin on December 8th - the U.S. brokerage arm of UBS Group AG has also reportedly blocked itself from all bitcoin-related products.

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