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Russian Gold-Backed Crypto Slams the Global US Dollar Standard

By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard. Russia’s State Duma member Vladimir […]

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PS5 Versus Xbox ‘Project Scarlett’—Which Will Suck Less?

By CCN Markets: Console wars return for season five! Who will win the bloody free-for-all this year? The team that sucks less, of course. The main points for each team have been listed below, but they are operating with thin margins to bring their visions to fruition. A comparable gaming PC is projected to be […]

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What Bitcoin Ban? Indian Central Bank Denies Involvement in Crypto Ban Bill

By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency. Amid these reports, […]

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Bitcoin Price Skyrockets to $9,387: What’s Behind the New 2019 High?

By CCN Markets: The bitcoin price has surged by seven percent on the day, recording a 32 percent monthly gain and a 151 percent year-to-date gain against the U.S. dollar. The strong upside movement of the dominant cryptocurrency has occurred in anticipation of the opening of the CME bitcoin futures market on Monday. Factors behind […]

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Russia Is Getting Serious About Blockchain, but Remains on the Fence About Cryptocurrencies

Russia is getting bullish about blockchain, which was one of the main topics at a local economic forum. Cryptocurrencies seemed less favorable there, however — learn more in our recap Source: https://cointelegraph.com/rss