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When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies —
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ICOs is normally a viable alternative to conventional funding for tech startups. Often, new entrants battle to secure capital without an already useful product. In the blockchain area, established companies rarely invest in projects on the deserves of a white paper. What’s more, an absence of cryptocurrency regulation deters many from contemplating blockchain startups. Along
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