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Dec 10th, 2018
The Bitcoin price could “bottom” at $2500 in January 2019, BTCC co-founder Bobby Lee has forecast in his latest prediction which many traders already consider too optimistic. Lee: Bitcoin Price Under $2K ‘Very Surprising’ On the back of an ongoing social media poll involving almost 5000 participants, Lee, who is becoming increasingly known for his…
Dec 9th, 2018
Bitcoin price just pulled off a nice 10% bounce with the next level of resistance at $3,700. Let’s take a look at what can happen next? Bitcoin Price: Market Overview Clearly, bears are still running the show for BTC and the SEC’s final postponement of a Bitcoin exchange-traded fund decision didn’t seem to help. Crypto-fanatics…
Dec 7th, 2018
The Government of Malta this week announced the signing of a joint declaration of cooperation on Distributed Ledger Technologies (DLT). They joined a group of six other Southern European countries; France, Italy, Portugal, Spain, Greece, and Cyprus. Transformative Technology The countries released a joint-statement noting a shared view that the digital sphere is an ideal…
Dec 7th, 2018
Today at the first Google News Initiative Innovation Forum in London, we heard from Claire Wardle of First Draft, Lisa Gibbs of the Associated Press, Daniel Bramatti of Abraji, Marie-Louise Timcke of Funke Media Group and Dmitry Shishkin of BBC World Service about the future of news. Covering topics like how to stop the spread…
Dec 7th, 2018
Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the…
Dec 7th, 2018
Roger Ver, Bitcoin.com, Bitmain, and Kraken are all sued by UnitedCorp over an alleged complot to hijack the Bitcoin Cash network for their own personal gain. United Corp. Sues Bitcoin.com, Bitmain, Kraken If the Bitcoin Cash fork fall-out that made November one of crypto’s most volatile months on record wasn’t bad enough, the nightmare continues….
Dec 7th, 2018
Expectedly, the US Securities and Exchange Commission has once again delayed its decision on the commodity-backed VanEck/SolidX bitcoin ETF proposal. The Commission is left with no room for further delays and the absolute final decision will come on February 27, 2019. Bitcoin ETF: The Last Delay In July Bitcoinist reported that the SEC’s decision on the commodity-backed…
Dec 6th, 2018
With more people rushing into the cryptocurrency market since late 2017 and the subsequent year-long bear market in 2018, one accounting envisages a barrage of loss claims in cryptocurrency and Bitcoin tax filings next year. Record Loss Claims in Cryptocurrency Tax Filings In a press release by NODE40 – a cryptocurrency accounting firm, the company…