Initial coin offering advisory firm Satis Group believes bitcoin’s price might jump to $96,000 over the next five years, according to a new report published Friday. Satis Group published the latest report in its five-part analysis of the cryptocurrency ecosystem,…
Tag: Bitcoin
Bitcoin Price Could End Day With Tightest Trading Range of 2018
The bitcoin market has gone comatose today with a key volatility reading hitting fresh yearly lows. The daily bitcoin volatility, as represented by the spread between the daily price high and price low (as per UTC), currently stands at $84…
At Bitcoin Cash Birthday Bash, Crypto Embraces the Strange
Amid a floorshow of acrobats, cross-dressers and samurai dwarves, gambling pioneer turned cryptocurrency advocate Calvin Ayre boomed, “This is a great moment in the history of money.” It might sound a bit nonsensical, but it was far from fiction at a…
Court Sides With Crypto Exchange Despite Allegation It Violated China Ban
A Chinese cryptocurrency trader who was sent bitcoin in error must repay an exchange even if it broke domestic rules, a Beijing court has ruled. In a judgement made on July 31 and released on Thursday, an intermediate Beijing court upheld…
Bitmain Confirms New Crypto Mining Facility in Texas
Bitcoin mining hardware giant Bitmain is officially setting up shop in Rockdale, Texas, and expects to launch mining operations early next year. The firm confirmed Monday that it is investing $500 million over the next seven years into a new…
Rejection Aside, Calls for a Bitcoin ETF Are Only Escalating
Karma is real. Just as the crypto community was – not so secretly – displaying its joy over Facebook’s historic stock loss, bitcoin’s price took a surprising drop below $8,000. A reaction to the news that bitcoin exchange-traded fund (ETF), one proposed…
China’s Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad
The chives growing in one crypto tycoon’s California mansion carry a hidden message. Guo Hongcai, a beef salesman turned early bitcoin adopter from China’s Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of…
Bitcoin’s Biggest Startups Are Backing a New Effort to Keep Fees Low
2017 was a wake-up call for bitcoin supporters to say the least. With so many people using the software amid a price boom, the fees for sending transactions swelled higher than ever before, even rising to as much as an…
The Newest Ethereum Game Sensation Is Here! Crypto Soccr: Collect Your Favorite Players On The Blockchain & Bet On Live Matches
OWN YOUR PLAYERS, STADIUM & TROPHIES ON THE BLOCKCHAIN. The Latest Ethereum game sensation is here, and it has Crypto Collectible, Soccer & Sports Betting fans losing their minds. Crypto Soccr brilliantly unites all 3 niches, much to the enjoyment…
100 Merchants Can Now Trial Bitcoin’s Lightning Network Risk Free
A few lucky merchants now have one less obstacle to accepting bitcoin payments via the Lightning Network. Revealed exclusively to CoinDesk, payment processing startup CoinGate is opening up a pilot program that will allow 100 merchants to trial a Lightning-enabled…