Prasos quarterly cryptocurrency market report Q1, 2019

We have published a new market report for the first quarter of 2019 which covers a wide area of topics related to the development of the cryptocurrency industry. The report has been produced in collaboration with DC Research. Institutional investors are showing escalating interest in the industry, with the relative amount of institutional products growing significantly during Q1 2019. The relative trading amount of institutional products grew a lot as well during the first quarter. Download here the full Q1

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Weekly News 19 / 2019 : Bitcoin Broke Through 6 000 Dollar Barrier

Bitcoin has been on the rise for more than a week and just today it managed to break through 6 000 dollar psychological barrier. If this goes on, it seems that the cryptowinter is actually over and we have entered a new period of bull markets. There are also more indications than the price movements that Bitcoin indeed has assumed more speed. Bitcoin miners use more calculating power to the network than almost ever and transactions are nearing record-high levels.

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Weekly news 16/ 2019: Spring winds blow for Bitcoin

There’s a scent of crypto spring in the air. Bitcoin has continued playing in a tight range above 5000 dollars like a ball stuck in a bouncing castle for the past week, but there are signs higher levels may lie ahead. Several reports by analysts indicate the cryptocurrency may be in for a new bullback ride after being mauled by bears for the past winter. As Bitcoin spreads its seeds around the world, so too does the underlying technology as

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Weekly news 15 / 2019: World giants explore crypto and blockchain

The past week has been a bit of a rollercoaster with bitcoin’s course bouncing up and down. The king of cryptocurrencies has managed to hover at its new higher levels without any massive movements to either side, having found somewhat shaky stability around 5000 dollars. While the crypto markets contemplate their next steps, so too are world giants as they explore the possibilities behind crypto and blockchain. The International Monetary Fund and World Bank have launched a joint project to

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Weekly news 14 / 2019: Bitcoin skyrockets to new heights

Well, it’s been quite a week again. Bitcoin has continued its rocketing growth and managed to rise above higher resistances despite some seeming indecision on the markets. Other cryptocurrencies have rallied strongly as well and yielded notable gains with green candles lighting the way for a brighter future. And the future does seem bright for Bitcoin, at least according to a report predicting the cryptocurrency could become the world’s leading payment system within a decade, if it continues it’s current

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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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Changes in the management of Prasos, we have a new CEO

The new Chief Executive Officer of Prasos Ltd will be Heidi Hurskainen with a strong background in banking and finance technology. The current CEO Henry Brade will become Executive Vice President and focus on his role as chairman of the board. Henry Brade, a founding member of Prasos Ltd, has been CEO of the company since the very beginning. The growth strategy of the company has evolved along the years, and the board felt it was the right time to

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Weekly News 9 / 2019 : Bitcoin Still Going Stable

Bitcoin seems to have found some new ground from the range of about $3 800. After reaching these levels, the price hasn’t made any great movements to any direction and the atmosphere of the markets is waitful – though far more optimistic than in the entire last year combined. When the markets are quieter, it’s a good time to do research on cryptocurrencies, investing, economics, technology or any other thing that overlaps with cryptoscene. The more you learn and know,

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Weekly News 8 / 2019 : Bitcoin and Cryptomarkets Seeing Growth

This week has been more interesting than most, since for a long time we actually saw movement other than sideways. For an example after a long time bitcoin finally managed to break through $3,900 barrier and even has stayed at those levels during the week. Other cryptocurrencies have also fared well, with Ethereum, Litecoin and others having seen green on the markets. Of course – as always – it is impossible to say will this growth last or will the

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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

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