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Monthly Archives: July 2018
Vancouver Bitcoin Mining Firm Installs 85 MW Substation to Power Massive Expansion Plans
Vancouver-based DMG Blockchain Solutions Inc. recently announced that it had begun the installation of its 85-megawatt (MW) capacity substation, which will power the expansion of its crypto mining facility. The new 85-megawatt capacity transformer and electric substation will be connected … Continue reading
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BITCOIN IS THE MOST STABLE CRYPTOCURRENCY, SAYS BILLIONAIRE INVESTOR
OSATO AVAN-NOMAYO | JUL 29, 2018 Billionaire investor, Bill Miller believes Bitcoin is the cream of the crop as far as cryptocurrencies are concerned. The founder and chief investment officer (CIO) of Miller Value Partners also thinks that the top-ranked cryptocurrency is … Continue reading
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RESEARCHER: BITCOIN’S VALUE PROPOSITION STILL ‘MASSIVELY UNDERPRICED’
BITCOIN INVESTMENT WILMA WOO | JUL 27, 2018 Bitcoin may still be significantly undervalued due to mainstream investors missing its “value proposition,” a Swiss researcher has concluded. ‘ONLY VIABLE CANDIDATE FOR NON-SOVEREIGN STORE OF VALUE’ Thomas Huber — a member of the … Continue reading
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$77,000 CASH SEIZED BY FBI, SUSPECTS SAY THEY WERE TRYING TO BUY BITCOIN
MATTHEW HRONES | JUL 26, 2018 Two bags carrying over $77,000 in cash were seized by the FBI in January at the Dallas Love Field Airport. The suspects claimed the money would be used to buy bitcoin. SMELLS FISHY — OR LIKE … Continue reading
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Indian Law Commission Recognizes Cryptocurrency as an ‘Electronic Payment’: Report
The cryptocurrency ecosystem in India may have just found a lifeline, albeit an unlikely one. According to a legal report released in July 2018, the country’s lawmakers are considering legalizing the multi-million dollar sports betting industry – naming cryptocurrencies as … Continue reading
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Reddit Co-Founder Alexis Ohanian Upholds BTC $20K, ETH $1.5K 2018 Forecasts
By Marie Huillet NEWS Alexis Ohanian, a co-founder of both Reddit and VC firm Initialized Capital, upheld his $20,000 Bitcoin (BTC) and $1,500 Ethereum (ETH) forecasts for 2018 in an interview with CNBC on July 24. Speaking of the “battle-tested” Bitcoin, Ohanian said the asset is “certainly the most robust” … Continue reading
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Exciting times!
BITCOIN BITCOIN PRICE RALLY RAISES EXPECTATIONS, $10,000 MARK ANTICIPATED NIGEL GAMBANGA · @NIGELRTG | JUL 25, 2018 Bitcoin’s current price rally, which has seen it break past the $8,000 mark for the first time since May, has heightened a lot of market watchers’ expectations. Some analysts … Continue reading
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Be Excited, Very Excited!
BITCOIN PROGRESS JULY 24, 2018 Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First Bitcoin took a significant step toward becoming a mainstream financial instrument this week, as two institutional investors completed the first-ever exchange for physical (EFP) … Continue reading
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Goldman Sachs to begin bitcoin trading
Important Information* A range of bitcoin price-related products will be available, with coins themselves coming later. It might have been unthinkable a few years ago, but now Goldman Sachs, one of the biggest names on Wall Street, has said that … Continue reading
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U.S. Judge Slaps Bitcoin Fraudster with $1.9 Million in Penalties
The United States Commodity Futures Trading Commission (CFTC) has successfully prosecuted a bitcoin fraudster in connection with his criminal bitcoin investment program, which he used to extract hundreds of thousands of dollars from his victims. Announcing the successful case in … Continue reading
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