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This Week in Bitcoin: Regulators Mount Up as Bitcoin Keeps Bubbling: Welcome to the latest installment of This Week in Bitcoin stuffed with all the highlights and lowlights from the past seven days. In this edition: Korea, Korea, Korea, and a handful of stories that aren’t about Korea just for some variety. In the past … Read more
Massachusetts Joins List of US States Hostile to Bitcoin: Lifelong Massachusetts politician, William Galvin, Secretary of the Commonwealth, turned sudden investment and currency expert this week, is issuing a seven-point warning about the perils of bitcoin. The uncharitable statement lands New England’s most populated region in the hostile category, joining a half dozen other states … Read more
Bitcoin debuts on the world’s largest futures exchange, and prices fall: CME, the world’s largest futures exchange, launched its own bitcoin futures contract Sunday under the ticker “BTC.” The futures fell 3.8 percent to $18,760 about four hours after opening at $20,650 and rising slightly. The move lower was a stark contrast from the 19 … Read more
– CryptoKitties is a “cryptocollectable” game where people collect digital cats with specific traits, which can be used to breed other digital cats. – Since no centralized organization created all the cats, and the system is recorded on a ledger to prevent fraud, its founders say it may be an easy way to understand blockchain technology. … Read more
Strategist Tom Lee: Young people will drive bitcoin gains just as boomers boosted stocks in the ’80s: Wall Street strategist Tom Lee sees significant gains ahead for bitcoin because young investors are interested in it. “I think what viewers have to appreciate is, this is a millennial story,” Fundstrat’s Lee said Tuesday on CNBC’s “Squawk … Read more