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10 Countries with the Most Bitcoin Hodlers

There is much speculation about who holds the most crypto coins. Some believe that most of them are owned by large exchanges, funds or mining firms which use their position to influence the market in their favor. These are often referred to as “whales”, – big money investors in crypto – , which are usually institutions such as Hedge Funds and Investment Funds that often cause “waves” in the market for small-time investors.

 

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Dash Text SMS Wallet Launches in Venezuela Enabling Transactions Without Internet

Dash Text, a wallet service enabling Dash transactions via SMS message, has launched its public beta in Venezuela. The service operates Dash wallets by SMS-based commands, sent to a five-digit shortcode similar to those used in popular SMS voting.

 

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Bitcoin Has Proven To Be 300 Times Cheaper Than A Wire Transfer, Bank Takes 83% Profit

Bitcoin has often been criticised for being too expensive, but according to Bank of America’s data, the bank charges $30 for outbound domestic wire transfers and $35 for outbound international sent in foreign currency which is 300 times more expensive than sending a transaction via the Bitcoin network.

 

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CFTC Chair: Crypto Needs ‘Do No Harm’ Approach That Regulators Gave the Early Internet

U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has said that crypto needs a “do no harm” approach from regulators to flourish, in an interview at the annual Singapore Summit today, Friday 14.

 

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