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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Weekly News 5 / 2019 : Bitcoin to See Superior Smart Contracts

Bitcoin and cryptocurrency markets have seen the same kind of sideways movement as they saw last summer, with only guesses where the price will go next. The market silence itself is understandable after about two years of expansion, bubbles and rollercoasters.This week we are talking about a future upgrade planned for Bitcoin. The upgrade would make Bitcoin faster and cheaper and also enable smart contracts likes of never before seen in cryptoworld.In other news we have hackers; what they have

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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 are

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Weekly News 4 / 2019 : Bitcoin Transactions Have Risen in 2018

The last year was characterized by falling market prices. As always, the big media pegs the success of blockchain and Bitcoin on its price. As the prices have been pretty quiet with making only little sideways movement, the media has also fallen silent. But in this silence more and more things have happened and are happening. Bitcoin’s blockchain has handled more transactions than ever before and the technological base to which cryptoeconomy rests on has become stronger and better.More and

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Weekly News 1/2019: Bitcoin is Ready to Rise Like a Phoenix

Last year was a year of destruction and rebirth. Bitcoin price was taken apart, shred to pieces, glued together and then shred again. It was a hard year for many, but from all of this seems to come something better. Now the cryptocurrency space is far more free, far more healthy and in better shape than ever. Bursting bubbles and falling prices shed weak hands from the markets and made the future far more bright. Like the Phoenix of Persian

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The Year 2018 in Review – Cryptocurrency Investment Products

The start of the year 2018 was fueled with the hype around mainstream cryptocurrency adoption through accessible investment products and ICOs that could transform the way of early state fundraising. We saw launch of the CME and CBOE Bitcoin futures in late 2017 and there were several ETF applications under preparation/filing for Securities and Exchange Commission (SEC) to approve in the US. However, as the year passed much of the hype faded along with the sharp decrease in the cryptocurrency

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Weekly News 52 / 2018 : The Burst Shed Many Lesser Actors From Cryptocurrency Space

After rising back to the levels in midway between $3,000 and $4,000, bitcoin has also resumed its sideways movement, and once again it seems unknown to which way the price will go - at least on the short term.This week we are looking at news that some consider to be negative - such as cryptocurrency firms suffering, miners cutting down on their hashing, people losing interest on ICOs and things like that. Even though the passing year has been hard

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Prasos quarterly cryptocurrency market report Q3′ 18

We have started publishing quarterly cryptocurrency market reports. These reports are created to provide value for investors, clients and our followers by delivering a complete quarterly overview of the industry. In the Prasos Q3´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, layer 2 solutions, and bitcoin fundamentals during the indicated time period. The coming Q4´2018

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Weekly News 51 / 2018 : Bitcoin is Surging After a Year of Doubts

Bitcoin has been making huge gains thru the entire week. At the time of writing bitcoin has broken through the $4,000 barrier, and is still raising about few percents per day. It seems that the recent price crash has bottomed, at least for the short term. The weak hands have been mostly shed away and the bubble which began in 2017 seems to have been burst.This was expected. Historically bitcoin’s price has been moving in a wavy pattern, first making

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