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Monthly Archives: January 2018

Not All Doom and Gloom for Chinese Bitcoin Miners

Even amid future regulatory constraints, Chinese Bitcoin miners could withstand a massive market crash due to the low electricity costs in the country. According to Bloomberg, China’s thriving Bitcoin mining industry would still be highly profitable if Bitcoin price were to drop to $7,000. Bitcoin

Smart Governments Will Embrace Cryptos: Expert Blog

Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at

Telegram $500 Mln Pre-ICO Aims To Be Largest Ever

Private messaging app Telegram is considering the biggest Pre-ICO in history to fund its new Blockchain platform and cryptocurrency. As TechCrunch reports today citing ‘multiple sources,’ Telegram is aiming to raise up to $500 mln in private sales. Its forthcoming Telegram Open Network (TON) would

Egypt’s Top Cleric Declares Bitcoin Trading ‘Unlawful’

Egypt’s highest official of religious law, Grand Mufti Shawki Allam, called Bitcoin trading “unlawful” under Sharia law, online publication Ahram reported today. In the fatwa issued Monday, Allam wrote that Bitcoin isn’t an “acceptable interface of exchange” and is therefore unlawful to trade. The cleric also

South Korea More Than Doubled Ripple’s Price in Single Week

The South Korean cryptocurrency market accounts for a relatively small percentage of global Bitcoin trades, but has nonetheless played a crucial role in bringing RIpple’s market capitalization from $40 billion to $88 billion. Ripple was one of the best-performing crypto assets of 2017, boasting a