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Cryptocurrency bull Tom Lee says bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800. The Fundstrat founder said he made the assessment by considering the number of active wallet addresses, usage per account, and supply metrics. “Fair value is significantly higher than the current price of Bitcoin,” he wroteThe post Bitcoin’s Fair Market Price is $14,800, Says Cryptocurrency Bull Tom Lee appeared first on CCN
Security token firm TokenSoft has acquired a stake in an SEC-compliant broker-dealer to expand the range of its services
Tom Lee, the head of Fundstrat Global Advisors and a well-known bitcoin bull, has recently claimed the market is wrong about the flagship cryptocurrency as it’s ‘fair value’ is well above its current market price.
A Lithuanian banking license has been obtained by Revolut, a banking and cryptocurrency app
It’s been a busy year for Germany's crypto and blockchain industry.
Bitcoin’s current value is $3,312 but according to Tom Lee, it should be between $13,800 and $14,800. The ever-so-vocal Bitcoin bull believes that the currency is grossly undervalued and believes last year’s meteoric rise could be one of the reasons. In a note to Bloomberg today, Lee further refused to delve into his Bitcoin prediction […]The post Bitcoin Should Be Worth $14,800 Judging By Market Metrics: Tom Lee appeared first on NullTX.
Razer gaming mining, a German stock exchange plans for crypto, crypto users doubled, PAX popularity, and Weiss said it was time to buy bitcoin. The post Daily Crypto Roundup 12/13/2018 appeared first on Crypto Insider.
Earlier today, two of the world’s hottest fintech startups, the US-based Robinhood and the UK-headquartered Revolut, separately announced new product offerings that could greatly benefit the crypto industry over the long-term and put pressure on bitcoin-hostile banks to begin modernizing their service lines. Bitcoin-Friendly Fintech Startups Want to Replace Banks Revolut, which recently achieved aThe post Pro-Crypto Fintechs Robinhood & Revolut Aim to Replace Bitcoin-Hostile Banks appeared first on CCN
Revolut, the London-based fintech unicorn that offers users a digital alternative to traditional banking services, has been granted a European banking license by regulatory authorities, allowing them to offer Europe-based users a plethora of digital banking services. Revolut features an in-app exchange that allows users to gain exposure to five cryptocurrencies, including Bitcoin, Bitcoin Cash,...The post Crypto Friendly Revolut Granted European Banking License appeared first on NewsBTC.
Google’s year-in-review of search terms and questions reveals how ‘What Is Bitcoin’ was one of the top questions asked by users in the United States and United Kingdom. While Google does not provide the precise number of searches, it remains the world’s top search engine, suggesting that Bitcoin has squarely placed itself in the mainstream.
U.S. and U.K. internet users ask ‘What is Bitcoin?’ more than any other ‘What is…?’ query
Gaming hardware producer Razer has upgraded its token-based reward system and launched a desktop miner that utilizes users’ idle processing power
Despite bull-runs such as of 2017, investing in crypto is an incredibly risky and difficult endeavor to succeed in. Many often think the reason is that you have to become competent in complex charts and understand all the various terms traders use, but the actual reason is much simpler than that; Trading is incredibly risky […]The post Bear Market Signs: The Man Who Turned $32K into $1.2M, and Then to Zero appeared first on CryptoPotato.
Ohio Congressman Warren Davidson suggests building a border wall using crowdfunding, blockchain and “wall coins”
For a particular set of crypto users, the need for centralized exchanges is one of the biggest stumbling blocks on the road to a completely decentralized future. Not everyone is going to prefer to use Bitcoin, and not everyone is going to prefer to use Ethereum. Indeed, not everyone is going to prefer any cryptocurrency.The post Crypto Protocol Wanchain Integrates MakerDAO’s Dai Stablecoin appeared first on CCN
A French member of parliament (MP) says 2019 must be the year of blockchain in France, recommending that the equivalent of around $568 million USD in government funding be diverted to the new technology.
BlockFihttps://bitcoinmagazine.com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services. The startup announced that it has received an additional $4 million in its recent funding round in a company blog post.The recently revealed funding round comes some months after the company raised $52.5 million in a round led by Galaxy Digital, including $1.55 million in funding from ConsenSys Ventures and PJC prior.Akuna Capital led today's funding round, with participation from other investors, including Digital Galaxy Ventures, Susquehanna Government Products, Morgan Creek Digital and others. The startup, who recently expanded overseas, says the funding would be used to grow its workforce and launch exciting new products, including a crypto savings account that earns interest and crypto-backed credit cards.Zac Prince, BlockFi CEO, spoke with Bitcoin Magazine, on the funding and the new product lines.He said the company plans to launch two separate credit cards. One would be similar to a prepaid card, where users will be able to spend funds that they receive from taking out a crypto-backed loan from BlockFi’s platform.“[The first] is like a debit or prepaid card where users can receive and spend loan proceeds from BlockFi. The amount they have access to will vary based o...
Earlier today, December 13, Google’s AI algorithm briefly called bitcoin, the flagship cryptocurrency, a “collapsed economic bubble” in the card that shows up when they keyword “bitcoin” is searched for.
This week saw the first reviews of the HTC Exodus 1 blockchain phone, as ‘Genesis Block’ pre-orders started to ship. However, threatening to steal HTC’s thunder came crypto-related trademark applications from Samsung, amid speculation features may arrive early next year. HTC Exodus Arrival So it’s finally here; 7 months on from its announcement in May, the first units of the HTC Exodus 1 have shipped. Throughout those 7 months, hyperbole has flowed, but actual detailRead MoreThe post The HTC Exodus 1 ‘Blockchain Phone’ is Here and It’s Underwhelming appeared first on Bitcoinist.com.
Is now the time to jump into the world of Ethereum and Bitcoin? by Manoj Sharma for CNR The author of the best-selling book Cryptoassets and a popular New York Venture Capitalist, Chris Burniske, believes that the current bear market of Bitcoin and Ethereum could be the best time to invest in the ecosystem. According […]The post New York venture capitalist suggests Bitcoin and Ethereum are ‘fundamentally oversold’ appeared first on CryptoNewsReview.
Dozens of U.S. businesses, public buildings, and more have been evacuated in response to a string of bomb threats currently sweeping the nation. The person or persons making the threats, are demanding a sum of Bitcoin be sent to a wallet address, or are threatening to detonate a bomb, potentially harming many in the process....The post Bitcoin Extortionists Turn From Blackmail to Bomb Threats appeared first on NewsBTC.
The bitcoin price failed to extend its bounce once again, weighed down by weak bulls. The BTC/USD rate on Thursday dropped as low as 5.38 percent from its intraday high at 3488-fiat. The pair at press time is forming lower lows towards 3300-fiat on a strong volume jump on Coinbase. It expects to extend itsThe post Bitcoin Price Reverses as [Another] Breakout Attempt Fizzles Out appeared first on CCN
Bitcoin advocate Tom Lee has stated that the fair value of Bitcoin is “significantly” higher than its current price, and could reach as high as $150,000
Bitcoin scammers have sent a number of email bomb threats to schools, businesses, and other locations across the United States. So far, there is no evidence any bombs were actually placed, but the messages have caused police departments across the country to work on the threats and ask the public to remain vigilant.
In our yesterday BTC price analysis, we talked about a strong move which was anticipated. Bitcoin was encountering resistance at the mid-term descending trend-line (as can be seen on the hourly chart). The bullish breakout had turned out to be fake, not been followed by a decent amount of trading volume. The false breakout had […]The post Bitcoin Price Analysis Dec.13: Bitcoin Is Facing It’s Lowest Price Since September 2017 appeared first on CryptoPotato.
Bail Bloc allows people to donate their computing power to mine Monero on behalf of detained migrants.
Representative Warren Davidson has suggested using a cryptocurrency to crowdfund a wall on the Mexican border.
Netherlands passes draft legislation to implement updated AML/anti-terrorism financing laws in the EU/Eurozone. The legislation will become mandatory in Q1 of 2019, and will force users of all EU-based cryptoasset custodians to identify themselves.
Basis’ CEO has confirmed the stablecoin will shut down, citing regulatory concerns around its “secondary tokens”
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentionedThe post Membrana.io – A Trust Management of Digital Assets Platform Announces Start of Token Sale appeared first on CCN
There are always people looking at the current price trend of Bitcoin and other cryptocurrencies. As all markets continue to lose value, it would seem there is no real reason to buy Bitcoin right now. At the same time, opportunities like these do not come around all that often. With the right information in hand, […]The post Is Right Now a Good Time to Buy Bitcoin? appeared first on NullTX.
Russian Company Telecor Announces Construction of Data and Mining Centre Redstone, with Operations Set to Commence in June 2019
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentionedThe post Russian Company Telecor Announces Construction of Data and Mining Centre Redstone, with Operations Set to Commence in June 2019 appeared first on CCN
On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. Also read: Google Trends Reveals One of the Top Questions […]The post Digital Currency Platform Revolut Receives European Banking License appeared first on Bitcoin News.
Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that blockchain technology could potentially be used as a means to fund the border wall that has become little more than a political football in Congress, with President Donald Trump recently threatening a government shutdown if congressional Democrats fail to deliver funding for theThe post ‘Crypto Congressman’ Floats Blockchain to Help Fund Trump’s Border Wall appeared first on CCN
As the overarching cryptocurrency market slump continues, there is a growing demand for assets which are perceived at stable Although stablecoins would usually fit that bill, Dogecoin also makes an interesting case for itself. Under the current conditions, it is also losing a bit of value, although in far less spectacular fashion compared to other […]The post Dogecoin Price Gains on Bitcoin Yet Loses USD Value appeared first on NullTX.
There’s been plenty of talk about the entrance of Bakkt into the market and now Nasdaq is following suit. But while just 12 months ago, speculation about bitcoin futures entering the market served to pump crypto prices, this time it’s a very different scenario. The market is crashing, naysayers are foretelling the end of crypto, […]The post Why Bakkt and Nasdaq Are Betting on Bitcoin Futures in 2019 appeared first on NullTX.
Eric Ervin, the CEO of cryptocurrency and blockchain investment firm Blockforce Capital, has recently argued that the crypto market sell-off is “actually healthy” for the ecosystem as it allows it to focus on those building new applications.
Bitcoin has been unable to stabilize above $3,500 which has led to a widespread sell-off that has sent most cryptocurrencies down 2% or more. Despite today’s drop, many altcoins have been able to maintain their recently established levels of support. At the time of writing, Bitcoin is trading down 1.8% at its current price of...The post Bitcoin Falls Below $3,500, Analyst Claims Likelihood of a Bounce is Diminishing appeared first on NewsBTC.
One goal of the incubator is to foster projects that could get their tokens listed on Binance's exchange.
Jared Rice, Sr. and Stanley Ford settle with the SEC, but Rice’s days in court are hardly over.
South Korea’s largest messaging app operator, Kakao, has invested in Israeli blockchain startup, Orbs
The P2P cryptocollectible marketplace is growing.
Having a trading or investing plan in crypto is vital - especially a plan that is specific to each individual trader or investor.The post Importance of a trading plan in crypto appeared first on Crypto Insider.
The post (+) Altcoin House of Sand: Only BTC, LTC and XRP Remain From Five Years Ago appeared first on CCN
There is plenty of XRP momentum which should have a positive impact on the price sooner or later. As is usually the case, however, the market doesn’t respond in mind. Although the XRP price remains incredibly stable right now, there have been some big developments which would warrant cautious optimism. Expanding the overall ecosystem remains […]The post XRP Price Stability Remains Despite Becoming a Base Currency on COSS appeared first on NullTX.
A well-known Ethereum Geth node attack is again targeting vulnerable users, as it has done already several times this year and last. Although easily closed, tens of millions of dollars have been stolen already this year from the exploit.
The crypto market may have taken a tumble this year, but that has not diminished interest in the nascent technology. Crypto User Base Booms amid Price Decline According to a report by the Cambridge Center for Alternative Finance, a research center at the University of Cambridge’s Judge Business School, the number of crypto users hasThe post Mainstream: 2018 Brought 54 Million New Crypto Users Despite Bear Market appeared first on CCN
Gaming hardware manufacturer Razer has launched an app that rewards users for mining, but not with crypto or cash.
The Venezuelan government has converted old age pensions into Petro, the nation-backed cryptocurrency. The news was reported yesterday by Caracas Chronicles, a group blog focused on Venezuelan politics and economics. Elderly Venezuelans are accustomed to receiving a message every time a government pension arrives. However, on December 7, they received two messages.
After experiencing a small rebound yesterday, crypto markets are seeing another mild slump today, Bitcoin hovers around $3,400