Beginner’s Guide to Coinmama: Complete Review

One of the oldest cryptocurrency exchanges is Coinmama. This exchange was created in 2013, and is registered in Slovakia, although the parent company is New Bit Ventures, which has its headquarters in Israel.

Since its inception in 2013 it has spread its wings quite a bit and now offers its services in 217 countries, including Canada, Australia, the U.K. and the U.S., however it is only available in 24 of the 50 U.S. states.

You can also use Coinmama in many European countries as well as across Asia and in Central and South American countries. You can see a complete list of supported countries here to find out if Coinmama works in your country.

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Long-term Bitcoin Hodling is a Good Strategy, says Wall Street Analyst

Thomas Lee is certainly no stranger to the world of finance be it mainstream or cryptocurrency. The former chief equity strategist at J.P. Morgan Chase is the only major Wall Street analyst to issue formal reports on the Bitcoin market. The co-founder of Fundstrat has been unequivocal in his stance that Bitcoin is going to bounce back from its current malaise, even going as far as to predict earlier in the year, a midyear price of Bitcoin in the $20,000 region and an end of year price of $25,000.

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I’m Not Responsible for Bitcoin Price Crash says Mt. Gox Trustee

These days, Mt. Gox is referred to as the defunct cryptocurrency exchange that went bankrupt in 2014 as a result of one of the most devastating crypto exchange hacks in the history of the crypto market. Nevertheless, the saga of the once largest cryptocurrency exchange platform in the world is anything but over. Every now and again, a story relating to Mt. Gox captures most of the headlines in the cryptocurrency community.

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Power Block Coin LLC to Establish 251 Million Dollar Cryptocurrency Mining Facility in Montana

Power Block Coin, LLC, a subsidiary of Blue Castle Holdings has been given the go-ahead to establish a multimillion-dollar data center in the Montana Connections district.

The company is expected to invest about $251 million over the course of 3 years, culminating in the development of a campus of high-powered data centers in the Montana Connections district which lies west of Butte. The investment proposal was passed by the Butte-Silver Bow Council of Commissioners in a unanimous vote.

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Underfunded US Athletes Seek Bitcoin Donations To Support Their Olympic Ambitions

In what appears to be a first-of-its-kind appeal from an American sports body, USA Luge is asking fans and sports lovers to step forward and donate cryptocurrencies to support its Olympic ambitions.

The lugers association kick-started a bitcoin fundraiser in December 2017 saying that “the sport of luge has always been one to reward innovation and technology.” Bitcoin investors keen on helping out American lugers win Gold medals in the next edition of the quadrennial games can make donations through the official campaign page.

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South Korea’s Government Switches To A Softer Stand On Cryptocurrency Ban

south korea crypto regulation

If you’re a crypto investor currently residing in South Korea, the past few days must have been quite a turmoil. Especially after the senior minister in the federal government went on record saying that an outright ban approach on cryptocurrency trading was still very much a “live option.”

Expectedly, the minister’s comment created panic among a sizeable chunk of the investor community who then went on selling off their crypto holdings in anticipation of an imminent crackdown. However, now it turns it out that the panic was probably more of an overreaction as the government has since virtually ruled out an outright ban in the immediate future.

The South Korean Office for Government Policy Coordination issued a statement on Monday hinting that the crackdown on crypto assets won’t necessarily come imminently.

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