By CCN Markets: The bitcoin price surged to $ 9,500, marking a fresh 2019 high. As the stock market sets a new record, BTC is joining in the party. Fundamentals Driving Bitcoin According to eToro Senior Analyst Mati Greenspan in a tweet, fundamentals are driving the bitcoin price higher. He cited institutional adoption, more monetary easing from central banks, and the upcoming bitcoin supply halving all as positives for BTC. Greenspan noted that pure momentum might also be driving BTC/USD to fresh yearly highs. Bitcoin is at a fresh yearly high of $ 9,500 per coin. Some of the popular reasons
A new report by the software firm DataLight predicted that Bitcoin could become the world’s top payment system within the next decade if it maintains its current growth rate.
“In just 10 years, Bitcoin has managed to compete with the leaders of the payment system industry,” the report found. “Bitcoin’s development is occurring exponentially. If it maintains this pace, in another 10 years, it will surpass all competition.”
For so long, global payments have been championed by platforms like Visa, Mastercard and PayPal, who offer seamless, if flawed, payment options for individuals and companies.
This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Czech Republic based Arbolet is proud to announce 3 years of continuous operation and has celebrated this milestone with the launch of their English localization. Arbolet – The
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Since December 16, within one week, the Ethereum price surged from $ 83 to $ 138, by just over 66 percent. Throughout the past week, Ethereum (ETH) has seen a record-high number of shorts on major cryptocurrency trading platforms in the likes of BitMEX and Bitfinex. As the price of Ethereum surged amidst a strong corrective rally
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The auto industry is betting big on blockchain. In fact, a whopping 62% of auto executives say the technology underpinning bitcoin will be a disruptive force in the industry by 2021. Moreover, 95% of carmakers plan to make “moderate to significant” blockchain investments over the next three years, according to a report by the IBM Institute
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On December 8, within 15 minutes, the Ethereum price increased by more than 15 percent against the US dollar. Several traders expected Ethereum (ETH) to experience a short-term corrective rally after it dropped to a yearly low at around $ 82. A Local Bottom Prior to its price drop, a prominent technical analyst with an online alias
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Thai citizens will have to be patient in the wait for a retail central bank digital currency that will save them from carrying cash around. According to the governor of the Bank of Thailand (BoT), Veerathai Santiprabhob, plans to switch from cash to a digital currency will not happen within the ‘next 3-5 years’. This … Continued
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Major internet browsers now offer access to VPN services via a number of third-party extensions and in some cases through built-in features. These provide an easy and affordable means to protect your privacy and enjoy a censorship-free browsing experience.
Chrome VPN Extensions You Can Buy With Cryptocurrency
Using a virtual private network (VPN) to surf the internet has become almost a necessity these days on account of the growing need to preserve your online privacy or circumvent restrictions that may apply to a specific location or jurisdiction you are visiting. A number of providers offer VPN services, and many of them accept cryptocurrency. Browser extensions and integrated features are making it even easier to obtain uncensored and largely untraceable access to the web.
The government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around digital assets should become a legitimate part of the country’s economy.
Parliament to Adopt Laws for ICOs and Smart Contracts
The new regulatory concept will be implemented in two stages. The legal status of cryptocurrencies, trading platforms and other entities dealing with digital assets must be determined in 2018 and 2019. By the end of next year, the Ukrainian government will analyze the market to identify trends and outstanding issues in order to put forward adequate proposals to regulate the whole sector.
Following the bitcoin signing of a Turkish Amateur player in January, could crypto-transfers be heading to the English Premier League? ‘Yes’ and ‘Soon’, according to eToro’s UK Managing Director, Iqbal V Gandham.
Premier League Transfers Paid in Bitcoin
eToro announced partnerships with seven Premier League clubs earlier this season, including former champions Leicester City, and Tottenham Hotspur. Each club is receiving sponsorship monies in bitcoin, in return for promoting the platform.
The clubs have also been eager to explore the benefits that blockchain technologies can bring them, according to Gandham. These might include authenticating merchandise, reducing ticket touting, and even buying new players.
Financial services giant Fidelity Investments recently detailed plans to pursue blockchain and cryptocurrency-related services, with a goal to release a product as soon as this year. During an event at the company’s Boston headquarters last Friday, Fidelity CEO Abigail Johnson specified, “We’ve got a few things underway, a few things that are partially done but […]
The prices of Ethereum (ETH) and Ripple (XRP) have surged by more than 10 percent in the past five minutes, despite the lack of momentum of major cryptocurrencies like Bitcoin. A spike in the volume of both XRP and ETH was triggered at around the same time on Bitfinex, affecting other major cryptocurrency exchanges. No
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Venture capitalist and famous cryptocurrency supporter Tim Draper exposed his prognostic on the cryptocurrency market at the DealStreetAsia PE-VC Summit in Singapore last Wednesday, when he predicted that it will rebound to $ 80 trillion within 15 years.
The famous investor thinks that blockchain and cryptocurrencies are “going to have such a transformative effect on industries that we never even imagined would be transformable.”
Like many investors before him, Draper compares the potential of this industry to the internet boom back in the 1990s. The internet, in return, was compared to the telegraph, the railroad, and the automobile industries at its time. No one thought that industries as diverse as agriculture, for example, would embrace the internet.
Billionaire investor and prominent Bitcoin bull Tim Draper believes that the total cryptocurrency market capitalization will reach $ 80 trillion in the next 15 years. While speaking at the DEALSTREETASIA PE-VC Summit 2018 in Singapore, Draper stated his belief that the latest downturn in cryptocurrency prices is related to people simply not being accustomed to the new digital […]
There is never a boring day in the world of cryptocurrencies. Despite overwhelming bearish momentum over the past few days, the momentum is turning rather positive again. For the NEO price, gains in both USD and BTC departments are a welcome sight. Combined with ongoing community developments, the coming months can become rather interesting for this altcoin.
NEO Price Makes Another Move
Recovering from a setback in the cryptocurrency industry is always challenging. With Bitcoin showing bullish momentum prior to the weekend, most altcoins are following suit. There is still a sense of uneasiness among enthusiasts, as caution remains advised at this stage. For NEO price watchers, the momentum is turning bullish. A value of $ 20 is well within reach at this stage.
Within the past 30 minutes, the Bitcoin price has dropped by more than 2 percent from $ 7,400 to $ 6,950, pushing tokens and other major cryptocurrencies to record large losses. Ethereum, Ripple, Bitcoin Cash, and EOS recorded 6 to 7 percent losses as Bitcoin failed to maintain momentum in the $ 7,400 range. If Bitcoin manages to … Continued
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In the past hour, the Bitcoin price has surged from $ 7,030 to $ 7,200, bringing the entire market with it to the upside. Bitcoin Cash, NEO, Litecoin, ICON, EOS, VeChain, Tron, Qtum, Cardano, and most major tokens have recorded 5 to 15 percent gains in the past 30 minutes, showing the establishment of newly found momentum.
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A number of surveys have implied blockchain technology is becoming more and more popular within the eyes of global corporate executives. Recent data reveals how issues concerning trust might restrict adoption.
As the blockchain industry continues to expand, more and more companies and top executives are coming around to its merits.
Bitcoinist recently reported that 70% of executives who participated in Deloitte’s 2018 Blockchain Survey categorized themselves as “excellent,” or as “experts,” on the topic of blockchain technology.
The survey consisted of 1,053 senior executives in nations like Canada, China, France, the United Kingdom, and the United States. All respondents were working at companies with $ 500+ million in yearly revenue.
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The Institutes RiskBlock™ Alliance is joining forces with Accenture in a move that will see both companies expand the use of blockchain technology within the insurance sector. Accenture joins the Alliance as the lead framework architect responsible for developing a “production-grade platform” to create and implement blockchain use cases.
The Institutes RiskBlock Alliance is a consortium of industry experts who seek to advance “insurance-specific use cases via RiskBlock’s interoperable blockchain architecture.” RiskBlock was created by The Institutes, a leading and trusted insurance knowledge group committed to developing the risk management and insurance industry.