MailChimp to Ban Cryptocurrency Ads

MailChimp, one of the leading email automation service provider, has just updated their terms of services, banning the promotion of ICOs and cryptocurrencies through its service. The updated policy states that the company “[will not allow] businesses involved in any aspect of the sale, transaction, exchange, storage, marketing or production of cryptocurrencies, virtual currencies, and…

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China Holds Most Number of Blockchain Patent Applications

According to data from the World Intellectual Patent Organization, 2017 saw around 400 blockchain related companies filing a patent application. China ranks first with nearly 200 patent applications filed for blockchain related technologies whereas the US holds a distant second position with only 91 applications. However, it should be noted that not all applications will…

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Litecoins Are Prevalent In The Dark Web

The Dark Web is the online equivalent of the underworld. Only accessible through the use of special software, the Dark Web creates an online environment where people can operate anonymously. Naturally, cryptocurrencies found a home in the Dark Web since the point of its inception. However, recent reports conclude that Litecoin is among the most…

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Bitcoin’s Death Cross Might Be A Bear Trap

Technically, a death cross is the point when a 50-day moving average cuts a 200-day moving average from above indicating a bearish crossover. In the case of bitcoins, the daily chart below indicates that the 50-day MA is close to cut the 200-day MA downwards. According to some strategists, the death cross will end up…

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South Korean Exchanges Try Out Mainstream Cryptocurrency Use

Bithumb, South Korea’s biggest cryptocurrency exchange, alongside Pay, a mobile payment service provider, has partnered up and will work together to provide transaction facilities at 6000 business outlets in the country. Similarly, the South Korean exchange has also partnered with Yeogi Eottae, the country’s largest hotel booking platform, to allow customers the option to book…

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Cboe Requests SEC To Allow Cryptocurrency ETFs

Cboe Global Markets, the derivatives exchange which was also the first to launch bitcoin futures, has recently sent a request to the Securities and Exchange Commission in hopes for allowing cryptocurrency exchange-traded funds (ETFs). Back in January, Dalia Blass, who is the director of SEC’s division of investment management declined numerous applications which were related…

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