Bitcoin Price to End 2019 Up 84% — Claims 'Panel of Experts'

A “panel of experts” questioned by Finder.com.au believes that Bitcoin (BTC) may end the year at price levels 84 percent above what they currently are sitting at.  The first and foremost cryptocurrency is currently trading at $3373.13 on Bitstamp at the time of this writing. 84 percent of Bitcoin’s current price is $2833.43, meaning an…

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Grant Thornton Attests USDC is Backed by Fiat, Huobi Establishes Communist Party Branch

In exchange news, we look at a major accounting firm’s attestation that all USDC tokens issued by Circle are fully backed by fiat dollars. We also focus on a Huobi Group subsidiary that has set up a Chinese Communist Party branch, as well as Bakkt, which has listed the reasons behind its move into bitcoin….

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Daily Byte: 10.23.2018

An improbable cold storage hack, celebrities using crypto, a growing crypto job market, and Bakkt to the futures. Here is the news you are waking up to for October 23, 2018: $7.8 million Disappears from Trade.io’s Cold Storage The Switzerland-based crypto platform Trade.io has reported that 50 million of its TIO tokens – with an…

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Ran Neu-Ner: Bitcoin is “About to Explode”

Popular cryptocurrency analyst, as well as the host of CNBC’s show Cryptotrader Ran Neuner, maintains that Bitcoin’s price is “about to explode.” “I Just Bought Bitcoin for my Parents” The host of CNBC’s Cryptotrader show Ran Neu-Ner expressed his firm positivity that Bitcoin’s (BTC) 00 price is about to skyrocket. His utmost confidence culminated in…

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Pantera Capital Raises $70 Million for New Fund, Aims for $175 Million

Panetera Capital, a blockchain investment fund with a fairly good record of choosing successful projects, has launched a new venture fund. According to TechCrunch, it aims to raise up to $175 million. 63 investments According to documents filed with the US Securities and Exchange Commission on Tuesday, ‘Venture Fund III’, as the new fund has…

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[UPDATED] Bakkt Digital Asset Platform: Starbucks Hopes You’ll Like Coffee With ICE

The parent company of the New York Stock Exchange has announced a partnership with Microsoft and Starbucks to create a “global ecosystem for digital assets.” UPDATED | August 6, 2018: Some news outlets misinterpreted the Friday announcement, stating that the partnership between Starbucks and the Intercontinental Exchange meant that Starbucks would be accepting cryptocurrency as…

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NYSE Parent Said to Plan Crypto Trading Platform

The parent company of the New York Stock Exchange is said to be taking a cue from Goldman Sachs with plans for establishing a Bitcoin trading desk. Things keep getting better for cryptocurrencies, with financial institutions starting to ditch their naysayer attitudes and taking a second look at digital coins with a sense of intrigue….

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