Bitcoin Cryptocurrency News

Bitcoin Price Will Hit $1 Million After ‘Two More Bubbles’: Bobby Lee

Bobby Lee expects Bitcoin price to reach $1 million in five to ten years after a couple of more bubbles.  Ballet crypto wallet founder, and ex-CEO and founder of one of China’s longest-running crypto exchanged, BTCC, Bobby Lee, put forward some lofty price predictions for Bitcoin at the just concluded Malta AIBC. Bobby Lee Launches Read more…

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Chinese Bitcoin FOMO: Major Bank Invests in Popular BTC Wallet

Chinese bitcoin FOMO appears to be on the rise as a major bank has reportedly invested in a local wallet platform. This report marks another significant crypto and blockchain-related development from China as the country appears to be moving towards government-approved adoption. China Merchants Bank Invests in BTC Wallet Service Tweeting on Monday (October 28, Read more…

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Blockchain Ventures Acquires Stake in DLT Game Tech Development Firm Enjin

The venture capital division of digital asset wallet, data and exchange company Blockchain.com has reportedly acquired a stake in blockchain game tech development company Enjin. Blockchain Ventures’ management noted on October 22 that the recent investment makes it the first equity investor in Enjin’s gaming tech platform, which allows tokenized in-game items to be transferred Read more…

Bitcoin Cryptocurrency News

DropBit Adds Lightning Network Support

DropBit, a bitcoin wallet and payment service provided by CoinNinja, allows you to send bitcoin to people who don’t own any. Now, it’s using Lightning Network to beef up its self-stylized role as the Venmo for bitcoin. Revealed exclusively to Bitcoin Magazine ahead of a public announcement, the DropBit app has built out its own Read more…

Bitcoin Cryptocurrency News

Bitcoin Price Could Reach $200k ‘In a Very Short Time,’ Says Bobby Lee

According to BTCC co-founder Bobby Lee, bitcoin price could reach $200,000 in a very short space of time from now. Bitcoin Will Exceed $20,000 Speaking to Yahoo Finance UK, the founder of China’s first bitcoin exchange platform declared that the bitcoin price could continue to reach greater heights. According to Lee: We are in one Read more…

Lightning Network Achieves Record Capacity, Exceeding the Milestone of 600BTC
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Bitstamp Unveils Bitcoin Lightning Network Node

On July 8 the Lightning Network got a huge publicity boost as Bitstamp announced that it had launched its own Lightning node. Another Step Toward Widespread Adoption On Monday Bitstamp revealed that it had launched a Bitcoin Lightning node to further facilitate the growth of Bitcoin’s Lightning Network (LN). The European cryptocurrency exchange said that Read more…

Bitcoin Cryptocurrency News

Bitcoin Disrupting Banking; Deutsche Bank To Cut 18,000 Jobs by 2022

Throughout history, the banking industry has always been vulnerable to a range of risks, but somehow, it has been able to survive for over three thousand years. But now, traditional banking is increasingly under threat from geopolitical uncertainty and, most significantly, from the advent of new technologies, including artificial intelligence and Bitcoin. As a result, Read more…

Bitcoin Cryptocurrency News

Consumers In Over 150 Countries Can Now Buy Stocks With Bitcoin

San Francisco-based Bitcoin investment app Abra has released its service to users outside the US allowing 150 countries to buy stocks. Bitcoin-Collateralized Stocks Arrive For Consumers Abra, which launched its investing service in February, will now cater to anyone in 155 countries wishing to gain exposure to various assets including traditional stocks and exchange-traded funds Read more…

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Bitcoin? Bitcoin Cash? Bitcoin Satoshi’s Vision? Will the real Bitcoin please stand up?

From Cash to Satoshi’s Vision, to Private, to Gold, to Atom and to Adult, the prefix Bitcoin has been used to depict and more commercially, sell and market a host of cryptocurrencies. Currently, there are 38 among the 2186 coins listed on CoinMarketCap, that sport the name “Bitcoin” as their introductory sell. This excludes the Read more…