Bitcoin Price Will Hit $60,000 This Year: Fund Manager

Phillip Nunn, chief executive officer of Manchester-based investment firm Blackmore Group, is standing by his bullish prediction that the bitcoin price will reach $60,000 in 2018, according to BusinessCloud. Nunn, who also advises initial coin offering (ICO) projects, told the news outlet he believes the flagship cryptocurrency see both $6,000 and $60,000 this year. Speaking […]

Blockchain-Based Community Currencies to Be Launched in Kenya

Bancor has announced today it will launch a network of blockchain-based community currencies in Kenya. The new project is expected to combat poverty through the stimulation of local and regional commerce and peer-to-peer collaboration. By using the Bancor Network, disadvantaged communities in Kenya will be able to create digital currencies that can hold one or […]

South Korea’s Central Bank Opposes Issuing a Central Bank Digital Currency

South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a […]

Op Ed: The Rise of Cryptocurrency Securities Lawsuits

As the cryptocurrency market develops and grows, cryptocurrencies have become the subject of an increasing number of securities lawsuits. This year alone, more than 10 cryptocurrency securities lawsuits have been filed in federal district courts throughout the country. While regulations and laws governing the cryptocurrency market continue to develop, recent activity involving cryptocurrency has raised […]

Updated Edition of Blockchain Revolution Fills In Some Big Gaps

“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships.” So reads part of the preface in the newly-released second edition of Blockchain Revolution by the father-and-son team of Don Tapscott, […]

Bitcoin News Summary – June 18, 2018

The post Bitcoin News Summary – June 18, 2018 appeared first on 99 Bitcoins. Español Русский Here’s what happened this week in Bitcoin in 99 seconds.   The US Securities and Exchange Commission stated that they don’t consider Bitcoin or Ethereum as securities, renouncing any claim to oversight of these coins. However, the SEC regards […]

Robinhood CEO Believes Cryptocurrencies Are Here To Stay

Robinhood is by no means an ‘elder’ in the cryptocurrency industry, only opening up its cryptocurrency division in early January. Despite this, Robinhood’s co-CEO, Baiju Bhatt, believes that the cryptocurrency market has a strong future ahead of itself. “Bitcoin Just Keeps on Coming Back” During an interview with Yahoo Finance, Bhatt expressed his positive sentiments […]