Bitcoin Price (BTC) Undervalued By Nearly $34K According to Infamous Dickline

Bitcoin’s recent bullish rally has helped the leading crypto asset return to mean after $6K support was penetrated by bears. Given its potential, it’s clear to see that Bitcoin is currently undervalued by most analyst’s standards. Bitcoin price predictions place the number one crypto by market cap in the hundreds of thousands, with some estimates

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Bitcoin Expert Eviscerates US Treasury’s ‘Fascist’ Crypto Blacklist

In a discussion about the US Treasury Department Office of Foreign Asset Control’s addition of cryptocurrency addresses to the “no pay list,” Bitcoin speaker and celebrity Andreas Antonopoulos called the move “completely useless” and “fundamentally fascist.” US Treasury Blackballs Bitcoin, Petro Addresses Not just Iranian Bitcoin addresses have been added to OFAC’s list, but several other blockchains as well, including the Petro. OFAC’s database is not searchable by address, which led the Let’s Talk Bitcoin host to suggest that it should somehow be fed into crypto nodes so that wallets can automatically warn users. Antonopoulos pointed out that a typical

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Jesse Lund of IBM: Bitcoin (BTC) Value Derived From Its Utility

Bitcoin prices up 10.1 percent in the last week. Jesse Lund projects Bitcoin value to hit $1 million in ten years Transaction volumes increase in the last three weeks Jesse Lund is optimistic of future Bitcoin prices valuing the coin at $1 million. Cementing his optimism is increasing adoption which he says draws value and

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Report: ‘The State of Stablecoins’ Maps the Growth of Fiat-Pegged Cryptocurrency

Report: The State of Stablecoins Maps the Growth of Fiat-Pegged CryptocurrencyA new report published this week shines a light on the stablecoin ecosystem. Authored by George Samman and Andrew Masanto in conjunction with Amazix, the report traces the rise of digital currencies against a backdrop of high inflation in 16 countries. The report claims these conditions will create a need for fiat-pegged digital currencies that […]

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Coinbase Reveals Its Procedure for Handling Contentious Forks

Coinbase Reveals How the Exchange Manages Contentious ForksOn Feb. 20, the San Francisco-based cryptocurrency exchange Coinbase gave the public an inside look at how the company deals with contentious forks. Coinbase engineer Breck Stodghill specifically discussed how the trading platform dealt with the Bitcoin Cash (BCH) split on November 15, 2018. Also read: ‘Bitcoin Killer’ Onecoin Is Ashes But Investigations Continue to […]

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Bitcoin Could Swell To $1.5 Million If It Absorbs All Fiat and Gold Holdings

Bitcoin (BTC) was built to be an alternative to the traditional of finance. While Satoshi Nakamoto, the creator of the cryptocurrency, never explicitly made such a comment, many have come to understand this underlying raison d’etre. Former Blockchain.com product manager Dan Held, for instance, once issued an extensive 47-part thread on Twitter to claim that Satoshi

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Another University Endowment Invests in Crypto Fund: 2019 is the Year of Institutions

The University of Michigan’s $11.9 million endowment fund has plans to increase its stakes in a crypto fund managed by Andreessen Horowitz. The public university said in its Regents Communication agenda that it was looking to make additional investments into the California-based venture capital firm’s CNK Fund I. Earlier, in June 2018, the endowment had committed

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Dow, Bitcoin Flash Green as US Stock Market Guns to Extend Winning Streak

Both the Dow and the bitcoin price flashed green on Friday, as the US stock market fought to extend its two-month winning streak and crypto traders mulled whether a 14-month downturn has finally come to a close. Dow Futures Mount Triple-Digit Recovery As of 8:45 am ET, Dow Jones Industrial Average Futures had gained 105 points or 0.41 percent, implying a 97.37 point jump at the opening bell. S&P 500 futures rose 0.34 percent, and Nasdaq futures climbed 0.42 percent during the bullish pre-market session. On Thursday, the US stock market endured moderate losses, with the Dow falling 103.81 points

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Indian Trade Association Calls for Fast Crypto Regulation to Drive Growth

Indian Trade Association Nasscom Calls for Fast Crypto Regulation to Drive GrowthThe Indian National Association of Software and Services Companies (Nasscom) has released a report that calls for regulatory certainty, particularly in areas such as cryptocurrency. The lack of legal clarity and the crypto banking ban have hindered investments in this sector, hurt crypto exchanges, and driven investors out of the country, according to the association. […]

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