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DOJ Launches Investigation into E-currencies over Price Manipulation

Since it’s conception, Bitcoin and other E-currencies (or cryptocurrencies) have always gained attention from law enforcement. The anonymity of cryptocurrency has allowed for potential criminal exchanges to go undetected. Though recently, cryptocurrencies have caught the eyes of DOJ for another reason; market price manipulation. The lack of regulation on most free market e-currencies has caused the…

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Bitcoin is Not the “Next Big Thing” and Neither are Crypto-currencies

Last year, Bitcoin reached over $2,000 and long-term investors were ecstatic. Those that had heard of Bitcoin were kicking themselves for not listening to their libertarian friend preach about a new “blockchain” technology that could decentralize banks. This is no longer the case.  Considering that only two years prior Bitcoin was at a little over…