Bitcoin

Quoine CEO Predicts Bitcoin Will Exceed All-Time High Next Year

In the wake of the industry-wide collapse across the crypto markets, the CEO of Japan-based FinTech company and digital currency exchange Quoine believes that Bitcoin could potentially “surpass” last year’s all-time high by the end of 2019.  

Iranian Trader on US Sanctions List Claims He’s Innocent

Iranian Bitcoin trader Mohammad Ghorbaniyan said he was wrongfully blacklisted by the OFAC.

Salcido Enterprises CEO: Bitcoin Miners Now Being “Flushed Out” of the Market

Washington-based Salcido Enterprises CEO Malachi Salcido states that cryptocurrency miners are now being “flushed out” of the market after Bitcoin suffered its latest price plunge.

Media Portray Bitcoin as Criminal Money as Deutsche Bank Gets Raided for Laundering

Germany’s Deutsche Bank AG has been raided due to suspicions of money laundering activities.

Google Searches for “Bitcoin” Spikes Amid Abysmal Price Plunge

The volume of worldwide searches for the keyword “Bitcoin” has sharply spiked in the last three days, the highest recorded figure so far since April.

American Woman Faces 20 Years in Prison for Sending Bitcoin to ISIS

Twenty-seven-year-old hospital technician Zoobia Shahnaz admitted to a Federal Court judge that she took out a fraudulent loan worth $22,500 and several falsified credit cards to be able to raise $62,000.

French Regulators Warn Against Purchasing Bitcoin from Tobacconists

Based on a press release issued by the Autorité des Marchés Financiers (AMF), the Autorité de Contrôle Prudentiel et de Résolution (ACPR), and the Banque de France (France’s central bank), the institutions warn the public of the risks involved in purchasing and investing in digital assets.

BitPay CEO Predicts Institutional Blockchain Products Will Trigger Bitcoin Rally

BitPay’s chief operating officer Sonny Singh has predicted a $15,000-$20,000 Bitcoin price surge over the next year, concomitant with the anticipated launch of blockchain-based products by institutional incumbents.  

French Tobacconists to Sell Bitcoin Vouchers in 2019

Paris-based crypto platform Keplerk teams up with tobacco shops in France to be able to start providing Bitcoin to consumers in 2019.

SovereignWallet Unveils Service for Minting “Meta Coins” Pegged to Bitcoin

The SovereignWallet, a private limited company incorporated in Singapore, has announced the development of “Algorithmic Central Bank” which would serve as a financial ecosystem for the firm’s wallet software.

Bitcoin Usage Dips 80% Across Merchants and Payment Providers

Data from Chainalysis show that the overall value of Bitcoin usage across payment providers and merchants has dropped by 80%.

VanEck Subsidiary Initiates Index Tracking OTC BTC Performance

The MVIX Bitcoin US OTC Spot Index (MVBTCO) is the first ever index that tracks the performance of Bitcoin on selected over-the-counter (OTC) platforms in the United States.

ICE’s Bakkt Postpones Launch of Bitcoin Futures by January 2019

As Bakkt CEO Kelly Loeffler explained, “given the volume of interest in Bakkt and work required to get all of the pieces in place,” the firm has ultimately decided to postpone its launch by January 24.

Half of Twitter Poll Respondents Prefer Bitcoin as Long-Term Investment

A Twitter poll conducted by former US House Representative Ron Paul found that 50% of the respondents prefer Bitcoin as a long-term investment.

VanEck Strategy Director Expects Multi-Billion Dollar Investment in Bitcoin ETF

VanEck director of Digital Assets Strategy Gabor Gurbacs predicts that the launch of the first Bitcoin exchange-traded fund (ETF) will draw in billions of dollars to the cryptocurrency space.
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