Weekly News 13 / 2019 : Bitcoin is Going Strong

It seems that we indeed have reached a new level for bitcoin. Even though the markets have tried to test downwards breaking points for bitcoin, the king of cryptocurrencies has managed to break the negative expectations and return to a path of growth. Some claim that this is just calm before the storm, since in many ways the market patterns mirror those before the bull run of 2017. At least some things might give credibility for that claim. For an

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Bitcoin is better for the environment – not worse

Many articles and blogs have been written to proclaim the death of Bitcoin, and great many of them wish good riddance for it based on environmental concerns. Unjustified extrapolations have been drawn to show alleged exponential growth of the energy demand to run the Bitcoin blockchain, while forgetting the promises of Bitcoin to make the world a better place. I have previously written on the topic of trustlessness and its benefits, but one of the commonly overlooked qualities of Bitcoin

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Chinese authorities: EOS, Tron and Ethereum are the most potential cryptocurrencies

We recently wrote about a new scoring system added to the Coinmarketcap service. It is, however, not the only notable source to publish scorings about cryptocurrencies. The government of China also observes the development of cryptocurrencies and scores them in order accordingly.  The Center for Information and Industry Development (CCID), working under the Ministry of Industry and Information Technology in China, regularly publishes estimates about the prospects of different cryptocurrency projects. The scoring system somewhat reminds of Coinmarketcap’s similar system

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Bitcoin’s share of the whole cryptocurrency market slightly over 50 percent

Through the existence of cryptocurrencies, the value of bitcoin has been superior compared to others. When altcoins raised faster than bitcoin during the 2017 rollercoaster, bitcoin’s position among cryptocurrencies was at its weakest and Ethereum showed potential to grow bigger by total market value. Nevertheless this scenario didn’t come true as Ethereum’s rise stalled and afterwards bitcoin made a strong rise. Ethereum’s share of the whole market was 31 percent, when at the same time bitcoin’s share was 38 percent.

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Coinmotion Offers Personalized Private Banking Solutions

While our standard Coinmotion trading platform is ideal for most investors and users, some clients might require more custom and personal cryptocurrency asset management solutions. For those of you we present our new private banking services. Our private banking services are oriented for individuals or institutions who require personalized services to buy, sell and store cryptocurrencies. We offer a full range of services from our team of dedicated cryptocurrency professionals. Private banking clients will receive their own, personal account manager

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XRP is a Centralized Virtual Currency

Ripple is, at its core, a payment network with a virtual currency XRP used in that network, operated by Ripple Labs. According to its measured market cap, XRP is the second largest virtual currency after Bitcoin, just before Ethereum. XRP has also seen quite a rise during past, taking the second place of cryptocurrencies in just few years. After several requests from our customers we have added XRP available for trading in Coinmotion. When speaking of Ripple and XRP the

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Prasos quarterly cryptocurrency market report Q4′ 18

We have published our second quarterly cryptocurrency market report. This report is created to provide value for investors, clients and our followers by delivering a complete quarterly overview about the industry.  In the Prasos Q4´18 Report we dive deep into bitcoin & cryptoassets, including topics within cryptocurrency market caps, exchanges, decentralized exchanges and tech adoption. In the asset summary part, we explored asset correlations, indices, network health, and bitcoin fundamentals during the indicated time period. We also take go through statistics about

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Henry Brades presentation about the future of money in Helsinki Blockchain Summit

Henry Brade theFounder of the company behind Coinmotion, Prasos, gave a presentation about the future of money in Helsinki Blockchain Summit late last year. Recording of the presentation can now be seen online. The development of technology shapes society with an accelerating pace in every possible field. Blockchain technology and virtual currencies may play a big role in the future of the economy and money. These technologies are still young as they have been around only for ten years, but

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Bitcoin, a world currency

If you’ve only been following Bitcoin’s course development for the past twelve months, like most of the outside world, my headline might seem a bit delusional. After all, Bitcoin has already plummeted over 80% from last year’s peak and been declared dead hundreds of times, so what more could it have to offer? A lot, if you keep reading. Bitcoin’s fundaments Before going any further it’s good to reexamine what Bitcoin is all about. Bitcoin is the first and most

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Introducing new cryptocurrency in Coinmotion – Ethereum

Ethereum is the Global Supercomputer Ethereum is one of the largest blockchain platforms in the World. Its own cryptotoken, ether, is the third largest cryptocurrency according to the total market cap of all ethers. It is right behind Bitcoin and Ripple, though Ethereum and Ripple have been competing of the second place for months and either one could win. The main difference in Ethereum when considered against Bitcoin is that Ethereum isn’t primary meant to be a form of money,

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