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Bitcoin’s profitability dwarfed by cryptocurrency rivals Ripple, Ethereum

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The report predicts a massive rise in the value of Bitcoin Cash, and a fall in once "unique" Ethereum.In a report titled Cryptocurrencies: Past, Present and Future researchers claim to use historical data and a "data-driven algorithm" to predict that Bitcoin Cash will hit "$2000 per unit by May 2018", marking from the beginning of the data set, a "130 percent jump in price".The research is less optimistic about Ethereum's future price, which they say, "will plummet by more than $237 per unit…

The Best-Managed Companies of How They Got That Way Joe Biden, Artificial Intelligence Research, Work From Home Options, Le Cloud, Finance, Amazon Seller, Brick And Mortar, Bank Card, Business News

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(Reuters) - Amazon.com Inc (AMZN.O) shares fell as much as 7.4 percent on Wednesday, wiping about $53.6 billion from its market value after U.S. President Donald Trump reportedly indicated he wanted to rein in the U.S. technology and retail group. The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal RossignolTrump talked about changing Amazon's tax treatment because he is worried about mom-and-pop retailers being put…

Pound V euro: GBP exchange rate drops as trade war fears ease

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Monday's pound to euro exchange rate gains were largely down to the weak US dollar pushing up demand for Sterling, but this influence has since faded.The primary focus has been on a possible de-escalation of the tough-talk on trade between the United States and China, which saw a marked escalation at the end of last week.US President Donald Trump confirmed that tariffs would be imposed against the import of Chinese steel and aluminium, which was met with proposed counter-tariffs from…

Goldman, JP Morgan likely the most active dealmakers for banks: KBW

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Broadly speaking, M&A deals are down 10 percent over the past 12 months through February, according to FactSet. In the financial sector specifically, deal volume is off 5.7 percent. KBW projects universal banks — the biggest Wall Street names — will plow $97 billion into share repurchases in 2018. That's more than 10 percent of the total $800 billion or so that JP Morgan analysts expect in buybacks this year and a trend that KBW expects to extend through 2019. The issue of buybacks has…

Ethereum price prediction Will ethereum go up? How high will ETH go?

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Ethereum has fallen by 9.29 percent over the past 24 hours, it had dropped to $478.52 at 8.30pm on March 26, after it opened at $525.62 this morning, according to CoinMarketCap. The second largest cryptocurrency plunged to $483.30 at around 1pm today and has only made up some of the ground it has lost.Ether reached a high of $589.61 last week, meaning it has plummeted by 18.84 percent to the value it stands at today.During midweek trading ETH experienced a freefall to hit a hard bottom of…

Ripple price news LIVE updates: XRP stabilises against USD after crash

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Ripple looks to have somewhat stabilised around the $0.63 handle today, March 26 after several losses last week.This weekend, XRP gained more than 8 percent against the USD during the previous week, but the token is still nearly 70percent cheaper than at the beginning of the year.Today, as of 8.30am, the price is set at $0.62 according to CoinMarketCap.This is some 1.52 percent down on opening, with a market cap of $24.5 billion.Here is the latest live news on the Ripple (XRP) price. All…

RIPPLE (XRP) shred almost 15 percent of its price on Sunday as the token plunged into the red in a day of devastating losses for all the major cryptocurrency coins. Why is ripple going down and what are the least price predictions?

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XRP plunged back into the red yesterday morning as it dropped below $0.70, plummeting further again today, although it has stabilised within the last couple of hours.The cryptocurrency was $0.63 at 6.50pm with a market cap of $24,838 billion.The drop is despite positive talks that Ripple could break into the Chinese market by the end of 2018, with plans to launch its blockchain-powered payments solution, XCurrent, in the country.Why is Ripple falling today?Many large cryptocurrencies…

'Don't punish American families' Trump urged to stop China trade war

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The US President is on the verge of slapping tariffs worth $60billion on China, sending investors fleeing towards safer currencies.The levies for Chinese products would be the "first of many", Mr Trump said yesterday as he confirmed they would be going ahead.Reverberations have been felt throughout numerous stock markets.The FTSE 100 fell by 0.4 percent, the German Dax fell by 1.4 percent and the French CAC 40 fell by 1.3 percent.The Dow Jones, S&P and Nasdaq all slumped more than 1.5…

The Federal Reserve will release minutes Wednesday from its meeting in early May that did not see an interest rate increase but apparently did feature some important in-depth discussion about the future of monetary policy.

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There's a deeper hawkish tilt to the Federal Reserve's outlook for interest rates that could be worrisome for markets. Federal Reserve officials, in their first meeting chaired by Jerome Powell, raised their median forecast for the funds rate for 2019 to 2.9 percent from 2.7 percent, and for 2020 to 3.4 percent from 3.1 percent. Those are aggressive forecasts relative to market expectations. Still, they total to only about an extra 30 basis points of tightening over the next two years. The…

Bitcoin price: What is the long-term bitcoin forecast? Expert says BTC will survive dips

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According to the report Japan's Financial Services Agency is planning to tell Binance to stop operating in the country without official approval.And the threat of further regulation in the largely unregulated crypto market saw bitcoin and many other currencies fall.The Binance slapdown was reported by the Nikkei Tokyo Stock Exchange and slumped to almost $8,600.Just before Christmas bitcoin fever saw the world's leading crypto trading at $19,370.Rival coins including Ether and Ripple also…

Bitcoin: Cryptocurrency could replace dollar as global currency says Twitter chief | City & Business | Finance #bitcoin

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Jack Dorsey is a noted bitcoin investor himself and suggested the shift could happen within a decade or perhaps less.Mr Dorsey said: "The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin."But he did concede that bitcoin is facing scaling issues which makes it "slow and costly" although the entrepreneur argued new solutions will ease the difficulty in the end.He added: "As more and more people have it, those…

Forex Market News Today Fed unwavering in message that rates of interest will maintain going increased -

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The threat of a global trade war, which has caught the attention of investors in a big way, is also a concern for the Federal Reserve. In his first news conference as central bank chairman, Jerome Powell said the battle over tariffs has not caused Fed officials to change their economic outlook yet, but future expectations will depend on how the situation unfolds. "A number of participants in the did bring up the issue of tariffs," Powell said. "If I could summarize what came out of it was…

Bitcoin price: Cryptocurrency jumps to nearly $9,000 after G20 meeting | City & Business | Finance #bitcoin

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After weeks in decline, markets have seen bitcoin prices jumping about $300 to $8,954 after the press conference that followed a closed-door discussion regarding cryptocurrency.The digital currency was trading near $8,500 before the meeting, CoinDesk reported, and has recovered more than $1,500 from the weekend.Governor of the Central Bank of Argentina, Federico Sturzenegger, spoke positively of the discussionand said it was a "very good meeting".He added: "The spirit of the discussion was…

Bitcoin price: Will Bitcoin go above $10k again? Is Bitcoin stabilising? | City & Business | Finance #bitcoin

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Bitcoin (BTC) trading kick started today at a moderate £6,139.35 ($8,594.19), up by 2.81 percent on its Monday opening prices.On Sunday March 20 the token fell to an all-month low of £5,240.24 ($7,335.57) before bullish trading saw the token climb up 16.8 percent by Tuesday.At 12.54pm GMT today, bitcoin is exchanging hands for £6,117.61 ($8,563.77) according to CoinDesk.Prices were hit last week in the wake of Google's announcement of a blanket ban on cryptocurrency and initial coin (ICO)…

The reason why cryptocurrencies are such in demand right now is because Satoshi Nakamoto successfully found a way to build decentralized digital cash system. What is a decentralized cash system? A decentralized system means the net

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9.30 - UPDATE - Trump bans Venezuela's cryptocurrency the petroPresident Donald Trump has signed an executive order which bans US companies and citizens from dealing with the petro.Mr Trump said: "the petro is an attempt to circumvent US sanctions."The order bans "all transactions related to, provision of financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token."MORNING HEADLINESBitcoin is currently…

In a modern, changing world, you can count only on yourself and on new investments like cryptocurrency and calculadora mh s bitcoin.

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