..

Cryptocurrency Set to Hit $10000 Mark

Written by:
Guest
Published on:
Nov/27/2017

Cryptocurrency now worth seven times an ounce of gold, with market cap higher than IBM, McDonald’s or Disney – but analysts warn of ‘a huge bubble’ Source: The Guardian


Bookmaker Now accepting most forms of cryptocurrencies

$10,000 Today? Bitcoin Price Primed to Break Psychological Barrier - The world's largest cryptocurrency by market capitalization clocked a new lifetime high of $9,9731.51 at 09:00 UTC, as per CoinDesk's Bitcoin Price Index. That came after blowing past $9,000 over the weekend for the first time – and just over a week after topping $8,000. Source: CoinDesk.com

Here is What the Central Bank Really Thinks of Bitcoin – In the USA, it’s more of a privacy worry.  In China, the government has made it clear that the central bank has full control over cryptocurrencies though conditions are said to be “ripe”.   

Bloomberg News reports that in Germany it’s all about ‘Speculative Plaything’

In a country where lot of citizens still prefer to pay in cash, the Bundesbank has been particularly wary of the emergence of bitcoin and other virtual currencies. Board member Carl-Ludwig Thiele said in September bitcoin was “more of a speculative plaything than a form of payment.” A shift of deposits into blockchain would disrupt banks’ business models and could upend monetary policy, Thiele said. At the same time, the Bundesbank has been actively studying the application of the technology in payment systems.

Bloomberg also reported Monday that nations with banking woes (think Venezuela) have been especially helpful at boosting the price of Bitcoin.

- Aaron Goldstein, Gambling911.com

Business/Financial News

MGM National Harbor Debuts “Casino Al Fresco”

MGM National Harbor Debuts “Casino Al Fresco”

Panoramic views of Northern Virginia married with the thrill of the next jackpot create a one-of-a-kind venue that can only be experienced at MGM National Harbor. Today, the integrated resort across the Potomac River from Washington, D.C. debuts an outdoor gaming terrace where guests can enjoy their favorite slot games in an unmatched setting.

Bitcoin Beat: BTC Nosedives, April 20 ‘Doge Day’?

Bitcoin Beat: BTC Nosedives, April 20 ‘Doge Day’?

Plus Calvin Ayre talks Bitcoin SV and why it is the most valuable blockchain network.

The Bitcoin White Paper: Combining and Splitting Value and Privacy

The Bitcoin White Paper: Combining and Splitting Value and Privacy

Dr. Craig S. Wright and Ryan X. Charles continue the video discussions in a series exploring the Bitcoin White Paper line-by-line. The next section tackles the principles of combining and splitting value as well as looking at how privacy relates to Bitcoin.

Coinbase Goes Public, Exposure to Regulatory Danger?

Coinbase Goes Public, Exposure to Regulatory Danger?

Coinbase is making its initial public offering of stock April 14 and this has helped push the price of Bitcoin up to near $64,000 as of Wednesday morning.

Sudan Embraces the Blockchain, Arizona One Step Closer to Sports Betting

Sudan Embraces the Blockchain, Arizona One Step Closer to Sports Betting

The Bitcoin Association and the BSV delegation was welcome by the Sudan government last week in an effort to implement blockchain technology and this week Arizona was well on its way to becoming the next US state to legalize sports betting with only the Governor's signature needed.

Syndicate