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Bitcoin’s Energy Value Estimates $100K Price Target in 5 Years

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Bitcoin’s Energy Value Estimates $100K Price Target in 5 Years
Bitcoinist.com
 Published Few hours ago
Bitcoin’s Energy Value Estimates $100K Price Target in 5 Years 
A little known metric called energy value has been used to predict bitcoin prices over the next five years and the results are impressive. Digital asset manager Charles Edwards has been delving deeper into this metric, observing some major similarities with previous bitcoin market patterns estimates that it is likely that $BTC will 10X i.e. $100K within the next 5 years. The indicator has closely tracked bitcoin prices using two varying inputs: hash rate and mining hardware efficiency. Read Full on Bitcoinist.com

bitcoinBTCCrypto
One Million UEFA Tickets to Be Distributed Via Blockchain in 2020
Cointelegraph
 Published Few hours ago
One Million UEFA Tickets to Be Distributed Via Blockchain in 2020 
Soccer fans in Europe will join the list of early blockchain adopters thanks to a new initiative by the Union of European Football Associations (UEFA). UEFA will distribute over one million soccer match tickets via a blockchain-enabled mobile application. The organization claims that this new ticketing system will make “entry into the stadium smooth, safe and secure.” UEFA also stated that digital ticketing will help curb paper consumption and be more convenient for soccer fans. Read Full on Cointelegraph

blockchainsoccercrypto
Warren Buffett Bullish on Blockchain's Disruptive Future: TRON Foundation
BeInCrypto
 Published Today
Warren Buffett Bullish on Blockchain's Disruptive Future: TRON Foundation 
The cryptocurrency project TRON claims that Buffett is actually optimistic about blockchain technology and believes it will be disruptive. Calling it “an honor,” TRON CEO and Founder, Justin Sun told reporters that he will “take Mr. Buffett’s advice and guidance and make TRON a better ecosystem.” In a recent tweet the project writes, “He believes blockchain technology will have a disruptive effect on the future of payment”. Read Full on BeInCrypto

TRONBlockchainBufffett
Russia’s Central Bank Completes Blockchain Pilot
CryptoPotato
 Published Today
Russia’s Central Bank Completes Blockchain Pilot 
According to a local report, Russia’s Central Bank has completed a pilot project of a blockchain platform for the issuance and circulation of “digital rights” has been successfully completed. This allows it to digitize goods, services, securities, and other assets as well. Using the platform, any organization can issue digital tokens. Reportedly, this will expand business opportunities when it comes to attracting capital while also creating new convenient investment tools for the consumers. Read Full on CryptoPotato

russiablockchaincrypto
Bitmain Is Facing Tough Comptetion From Its Rival MicroBT
CoinDesk
 Published Today
Bitmain Is Facing Tough Comptetion From Its Rival MicroBT 
Bitcoin miner maker MicroBT rapidly expanded market share by selling over half a million units of its flagship WhatsMiner M20 series in 2019, chipping away at rival Bitmain's dominance. These products generate a computing power of about 60 terahashes per second (TH/s) on average. That means the newly delivered 600,000 units may have contributed over 30 exahashes (EH/s) of hashing power to the bitcoin network in 2019. (1 EH = 1 million TH). Read Full on CoinDesk

BitcoinMicroBTBitmain
Max Keiser Raises His Bitcoin Price Target to $400,000
cointelegraph
 Published Today
Max Keiser Raises His Bitcoin Price Target to $400,000 
American broadcaster Max Keiser continues to spread the word about Bitcoin (BTC). Speaking on news information show Infowars on Feb. 17, Keiser told host Alex Jones that his old prediction of $100,000 was now too conservative. Keiser made a bombshell announcement about 'officially' raising his price target to $400,000 per one orange coin. While many think that it is way too late to jump on the Bitcoin bandwagon, Keiser says that those doubters still have a chance to pocket 40x returns. Read Full on coi

ntelegraph

bitcoincryptoblockchain
Binance Applied For New Crypto License to Operate in Singapore
bloomberg
 Published Today
Binance Applied For New Crypto License to Operate in Singapore 
One of the world’s largest crypto exchange Binance applied to operate in Singapore under the Payment Services Act. This policy act is intended to regulate cryptocurrency payments and trading using regulations that currently govern traditional fiat payment services as a guideline. Binance CEO, CZ commented: “We submitted the application pretty fast. Binance’s Singapore entity has been in close touch with the local regulators, and they have always been open-minded.” Read Full on bloomberg

SingaporeCryptoBinance
With 6835 ATMs across the world, Bitcoin continues being 'safe-haven' asset
AMBCrypto
 Published Today
With 6835 ATMs across the world, Bitcoin continues being 'safe-haven' asset 
Bitcoin, in recent times, has been painted as the picture of a reliable alternative to fiat. In a recent podcast Andreas Antonopoulos noted how the number of people using Bitcoin ATMs was on the rise lately. Interestingly, the number of newly installed Bitcoin ATMs has continued to grow at a stable rate, according to data compiled by the tracking website Coinatmradar. There are about 6835 crypto ATMs across 73 countries at the moment with 4869 ATMs are in the US, 742 ATMs in Canada, 306 ATMs in the UK and 59 ATMs in Italy, to note a few. Read Full on AMBCrypto

cryptobitcoinatm
Binance Set to Launch NEO/USDT Futures
Cointelegraph
 Published Today
Binance Set to Launch NEO/USDT Futures 
Malta based major cryptocurrency exchange Binance announced that it is about to launch NEO/USDT perpetual contract. As per the announcement NEO/USDT futures is slated to be launched on Feb. 17 at 08:00 AM (UTC) and traders will be able to select leverage between 1x and 50x. A Binance spokesperson that the firm decided to create a NEO-based futures contract after reviewing liquidity on its spot market. Binance Futures now has a total of 17 perpetual contracts on offer. Read Full on Cointelegraph

binanceneoblockchain
China Shows Why Bitcoin Is Important For The World
U.Today
 Published 1 Day ago
China Shows Why Bitcoin Is Important For The World 
In a move to prevent the spread of the deadly coronavirus, China has decided to sanitize its old banknotes. According to many crypto proponents, China putting its money under quarantine is one of the many reasons why the world needs Bitcoin (BTC), a decentralized and permissionless cryptocurrency. Stacy Herbert, a television presenter who co-hosts 'Keiser Report' together with early Bitcoin (BTC) adopter Max Keiser, reacted to China's recent move and tweeted that Bitcoin "doesn't get quarantined". Read Full on U.Today

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