Sunday, September 23Your Daily Bitcoin & Altcoin News Portal

Author: Wealthy Miner

Experts Expect Bitcoin Price to Hit $250,000 by 2022, Here’s Why

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Please share if you find this article interesting. Experts Expect Bitcoin Price to Hit $250,000 by 2022, Here’s Why American venture capital investor Tim Draper, an early backer of Tesla, Skype, and SpaceX, is one of the most high-profile Bitcoin investors. With absolute confidence that bitcoin is the future currency, Draper announced that he predicts the bitcoin price will reach $250,000 by 2022.Tim Draper Predicts Bitcoin at $250,000 By 2022Tim Draper has thrown a cryptocurrency celebration on Thursday, called Blockparty, not to be confused with British indie rock band Bloc Party. The party poster, which was placed in front of his entrepreneurship program, Draper University, made a bold statement: “Tim Draper Predicts Bitcoin @ 250K By 2022”.The billionaire investor has bought
Wall Street Banks See Share Prices Fall While Crypto Markets Surge

Wall Street Banks See Share Prices Fall While Crypto Markets Surge

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Please share if you find this article interesting. Wall Street Banks See Share Prices Fall While Crypto Markets Surge While Wall Street giants JP Morgan and Citigroup experienced strong first-quarter earnings, their share prices overall fell, the Wall Street Journal (WSJ) reported Friday, April 13. The WSJ reports that while equity trading revenue rose by 26 percent to $2 bln at JP Morgan, which also saw a 35 percent net profit rise, and Citigroup’s equity trading revenue up 38 percent to $1.1 bln, with a 13 percent rise of net profit, share prices of both banks fell on Friday. JP Morgan’s share price is now around $110, down 2.7 percent by market’s close yesterday, according to data from Bloomberg Markets. Citigroup’s share price is now around $71, down a little more than 1.5 p
“Litecoin and Stellar are Under Valued” NEO, EOS, Litecoin, IOTA and Stellar: Technical Analysis April 14, 2018

“Litecoin and Stellar are Under Valued” NEO, EOS, Litecoin, IOTA and Stellar: Technical Analysis April 14, 2018

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Please share if you find this article interesting. “Litecoin and Stellar are Under Valued” NEO, EOS, Litecoin, IOTA and Stellar: Technical Analysis April 14, 2018 We saw the importance of Bitcoin in the course of this week. It is up 17 percent in the last 7 days and the effect on altcoins is profound. Leading this surge is EOS which is up 48% and likely to displace Litecoin in the top 5 spot. In my view, and this is important, most altcoins will continue to add in the coming week and I shall focus primarily on Litecoin and Stellar Lumens which are lagging.Let’s have a look at these charts:XLM/USD (Stellar Lumens)XLMUSD 4HR Chart from Bittrex for April 14, 2018Regardless of the slow down, Stellar Lumens is still up 6 percent in the last 24 hours and 26.30 percent for the week. Tha
Lafayette Parish, Louisiana Considers Development Of Municipal Cryptocurrency And ICO

Lafayette Parish, Louisiana Considers Development Of Municipal Cryptocurrency And ICO

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Please share if you find this article interesting. Lafayette Parish, Louisiana Considers Development Of Municipal Cryptocurrency And ICO Mayor-President Joel Robideaux of Lafayette parish, Louisiana proposed the parish government to create its own cryptocurrency and consider launching an Initial Coin Offering (ICO), local news The Acadiana Advocate reported April 12. In his annual speech at the Heymann Center, Robideaux presented Lafayette as a technological hub, which could benefit from the development of its own digital currency to motivate investors to steer money into the parish. This would reportedly help the Lafayette parish budget, of which the general fund is “basically wiped out”, in addition to diversifying the local economy, and enhancing government services. Robideaux
Local Authorities Approve Lease For Bitmain Subsidiary In Rural Washington

Local Authorities Approve Lease For Bitmain Subsidiary In Rural Washington

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Please share if you find this article interesting. Local Authorities Approve Lease For Bitmain Subsidiary In Rural Washington Port of Walla Walla, Washington commissioners have unanimously agreed to embark on a land lease and purchase option for 10 acres to be used for cryptocurrency mining project by Bitmain subsidiary Ant Creek LLC, local news Union Bulletin reports April 13. The decision to award the permit followed an hour and a half of spirited public debate, after which the commissioners unanimously agreed to award the option for 10 acres, but withheld the option for the sale of 30 additional acres. The commissioners said that the small scale operation will give Ant Creek LLC a chance to establish itself and test whether or not their business has potential for expansion in ...
Russian IPChain Association Will Digitize Kyrgyzstan’s Patent Records

Russian IPChain Association Will Digitize Kyrgyzstan’s Patent Records

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Please share if you find this article interesting. Russian IPChain Association Will Digitize Kyrgyzstan’s Patent Records The Russian National Intellectual Property Transactions Coordination Center (IPChain) will digitize patent records and create a Blockchain-based database for the State Patent Office of Kyrgyzstan (KyrgyzPatent), news outlet TASS reported April 12. Andrey Krichevsky, president of the IPChain association, said that the agreement between the association and representatives of KyrgyzPatent was signed at the IPQuorum forum, which took place in the Kaliningrad region of Russia. This is reportedly the first time that the association’s technologies will be applied outside Russia. Krichevsky said: "We have signed an agreement with KyrgyzPatent, which is very important
German Stock Exchange Subsidiary To Release Crypto Trading App

German Stock Exchange Subsidiary To Release Crypto Trading App

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Please share if you find this article interesting. German Stock Exchange Subsidiary To Release Crypto Trading App Sowa Labs, a subsidiary of Germany’s second largest stock exchange Börse Stuttgart, will release a cryptocurrency trading app later this year, according to the app’s website. The app, called Bison, will be available in September and will initially support trading of Bitcoin (BTC), Ethereum (ETC), Litecoin (LTC), and XRP. The website states that more assets will be included in the future. Bison also claims that they will charge no trading fees. The app will be available in German, and later in English. Managing Director at Sowa Labs Dr. Ulli Spankowski said, “BISON makes trading in digital currencies easy. It is the first crypto app in the world to have a traditional s
One Of The Largest Crypto Farms in Russia To Be Established In The Heart Of Siberia

One Of The Largest Crypto Farms in Russia To Be Established In The Heart Of Siberia

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Please share if you find this article interesting. One Of The Largest Crypto Farms in Russia To Be Established In The Heart Of Siberia One of the largest cryptocurrency mining farms in Russia will be established in Krasnoyarsk Krai in Siberia, according to Daniel Zakomolkin, director general of the mining company BitBaza, news outlet TASS reported April 12. Zakomolkin said that the region was chosen “from the perspective of energy and cost reduction”. Infrastructure investments are estimated at roughly 3 bln roubles (about $48 mln). Zakomolkin said: “There will be a mining farm, one of the largest in Russia. Ultimately, it is planned to create a product that will be more liquid than mining, which makes the project strategic. Krasnoyarsk is a region with an electrical power surpl
‘48 Percent Returns Monthly’: How 32,000 Vietnam Investors Got Caught By Ponzi Scheme

‘48 Percent Returns Monthly’: How 32,000 Vietnam Investors Got Caught By Ponzi Scheme

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Please share if you find this article interesting. ‘48 Percent Returns Monthly’: How 32,000 Vietnam Investors Got Caught By Ponzi Scheme What could well become known as the largest Initial Coin Offering (ICO) scam in history has highlighted the need for the cryptocurrency community to promote financial education. On Monday, April 9, Vietnamese media reported that nearly $660 mln of investors’ money had been stolen by two separate ICO’s, run by a parent company operating out of Ho Chi Minh city. iFan and Pincoin, the two ICOs in question, are believed to have been setup and operated by Modern Tech according to the initial report from Tuoi Tre News, a local news outlet. Around 32,000 investors were reportedly duped by the scams and lobbied outside the offices of Modern Tech in Ho C
Backpage CEO Pleads Guilty To Laundering Millions In Crypto

Backpage CEO Pleads Guilty To Laundering Millions In Crypto

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Please share if you find this article interesting. Backpage CEO Pleads Guilty To Laundering Millions In Crypto Listings site Backpage CEO Carl Ferrer pleaded guilty to conspiracy and three counts of money-laundering, in part via cryptocurrencies, in a plea agreement unsealed in federal court in Arizona on April 12. Ferrer admitted he was aware that the “great majority” of the site’s ads were for prostitution services, and had conspired to conceal their true nature. He further admitted to laundering the site’s allegedly $500 mln revenue through “seemingly unconnected” bank accounts and “crypto-currency [sic] processing companies, including CoinBase, GoCoin, Paxful, Kraken, and Crypto Capital,” among others. The deal comes three days after Backpage was seized and a 93-count federal