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Tim Draper on the Current State of Bitcoin (BTC)

Tim Draper, the venture capitalist investor, made a prediction that crypto capitalization will hit over $80 trillion in the next decade and a half, as reported by DealStreetAsia. Draper spoke that the PE-VC Summit 2018 hosted by the same news outlet in Singapore and argued that the slide in the market in recent months is because people … Read moreTim Draper on the Current State of Bitcoin (BTC)

CoinGate Allows 4,000 Merchants to Be Paid in BTC Instantly

The Lightning Network has just accepted Bitcoin (BTC) payments. This allows over 4,000 merchants to now to be paid for their goods and services in BTC. Lightning payments are implemented through CoinGate, which is a cryptocurrency payment gateway. It’s a scaling solution for BTC which allows faster and much cheaper transactions for cyrpoy payments and can … Read moreCoinGate Allows 4,000 Merchants to Be Paid in BTC Instantly

Bitcoin (BTC) Processes More Dollars Than PayPal and Discover in 2018

Bitcoin has processed more than $1.3 trillion USD this year in 2018, which places it ahead of both PayPal and Discover. Cryptocurrency is getting more and more adoption with mainstream consumers, whether or not the price action reflects it directly. Based on a report from crypto analyst Yassine Elmandjra who works at ARK Invest, a … Read moreBitcoin (BTC) Processes More Dollars Than PayPal and Discover in 2018

Novogratz and Kelly’s Thoughts on BTC After Bakkt and Starbucks

Mike Novogratz, the CEO of the biggest cryptocurrency firm on Wall Street has some bold words about the latest announcement from the owner of the NYSE. He says that it’s the crypto game changer for 2018. Intercontinental Exchange (ICE) states that it plans to create a new version of Bitcoin futures contract that’s settled in BTC and … Read moreNovogratz and Kelly’s Thoughts on BTC After Bakkt and Starbucks

Bitcoin Jumps Up 7% Due To Series of Bullish News

Bitcoin has surged more than 7% in the markets as bullish and positive developments in Bitcoin and cryptocurrencies surfaced on the web. It’s currently trading at $7,344 on WorldCoinIndex at the time of this writing. The biggest news comes from Goldman Sachs, where the new CEO is a huge proponent of cryptocurrency. Bloomberg reports that … Read moreBitcoin Jumps Up 7% Due To Series of Bullish News

Amazon Could Be Working Out Final Kinks Before Bitcoin Payments

Amazon just may be on the verge of accepting cryptocurrency. A new rumor is spreading like wildfire on the cryptocurrency subreddit, which cites an anonymous software engineer who works for the world’s largest e-commerce retailer. He states that Amazon has talked about accepting Bitcoin payments “multiple times” and the only reason why they haven’t done so … Read moreAmazon Could Be Working Out Final Kinks Before Bitcoin Payments

Nobel Prize Receiver Robert Shillers’ Thoughts on Bitcoin

Nobel Economics prize winner Rober Shiller spoke yesterday on Bloomberg. He slated that cryptocurrency itself is a “sham” and made some tempered remarks about Bitcoin. He doesn’t believe in the revolution that’s taken the world of digital currency by storm. His host, Tom Keene considers that Bitcoin is a “hugely generational” concept and then follows up saying … Read moreNobel Prize Receiver Robert Shillers’ Thoughts on Bitcoin

A Leading Financial Institution Enters the Bitcoin Field

Susquehanna International Group, also known as SIG, is holding the head in a large group of institutions that allow their clients to buy and sell Bitcoin. They’re based in Bala Cynwyd, Pennsylvania and they use quantitive research and technology developed in-house. They’re a giant in the financial industry and they’ve provided exchanges for nearly everything- … Read moreA Leading Financial Institution Enters the Bitcoin Field

Visa’s “Hardware Failure” is Something Bitcoin Will Never Face

Visa had a huge network outage that affected users in Europe and the UK. The downtime was caused by a hardware failure and left people all over the country frozen in time. People couldn’t buy stuff, get gas, or even call for a taxi. This only further shows off the strengths of cryptocurrency and the … Read moreVisa’s “Hardware Failure” is Something Bitcoin Will Never Face

Bitcoin Drops Below $8000 as OKEx CEO Joins Rival Crypto Company

Bitcoin is trading below $8000 for the first time in months as OKEx suspended withdrawals and any fiat trading. CEO Li Shufei resigned on May 14th and has joined the rival crytpo company Huobi on May 18th. OKEx currently has the third largest 24-volume according to CoinMarketCap at $195K. Bitcoin is fighting a bear market … Read moreBitcoin Drops Below $8000 as OKEx CEO Joins Rival Crypto Company

Zimbabwe Shuts Down Bitcoin and All Other Cryptocurrencies

Zimbabwe’s central bank has ended financial institutions from trading or offering to bank for any cryptocurrencies. They must not trade, hold, or transact any virtual currencies. This was issued on May 11, 2018 and states that any banking services dealing with cryptocurrencies must be prohibited. This includes maintaining accounts, registering, trading, clearing, collateral arrangements, remittances, payment … Read moreZimbabwe Shuts Down Bitcoin and All Other Cryptocurrencies