Report Suggests Global Spending on Blockchain Tech Could Reach $9.2 Billion by 2021 — Bitcoin Magazine

Blockchain technology can revolutionize the way in which businesses provide services to both consumers and to other organizations. From building digital trust over a completely transparent ledger, to allowing participants to quickly interact via a peer-to-peer network, blockchain technology is proving to be a solution that will drive the next phase of digital transformation. This in mind, enterprises and companies are spending more money than ever before on blockchain solutions.  According to IDC’s inaugural Worldwide Semiannual Blockchain Spending Guide, $945 million was spent on blockchain solutions in 2017. The report…

Men’s New York Fashion Week Shows Threads Of Crypto In… | News

The men’s shows at New York Fashion Week are signalling a potential start to crypto high fashion, the wait times between shows providing an opportunity for attendees to discuss the recent crypto market dip, reports the Financial Times Thursday, Feb. 8. Belgian designer Raf Simons’ runway show is described as looking like “the inner sanctum of a boiler room, where brokers pitch their clients on penny stocks and digital currencies with a Machiavellian zeal.” Simons showed slim cut three-button suits, topcoats paired with surgical gloves and rubber boots, and turtlenecks…

Physical Bitcoin Mining Hardware Store Bitmart Opens in South Africa

Mining Bitcoin might be magical internet money, but it has a very physical side in the form of the mining equipment needed to maintain the network. And if you’re someone that doesn’t like to leave an online trail or use a credit card for all your purchases, nothing beats a store IRL. That’s why bitcoin hardware stores are popping up all over the world, and now miners in South Africa too can just walk into a shop, pay on the spot and get their rigs to go.…

Winklevoss Twins: Bitcoin Has Potential To Grow At Lea… | News

Another Bitcoin prediction was made this week by Winklevoss twins – the famous Bitcoin billionaires. Bitcoin has “potential appreciation” of thirty to forty times its current value, Cameron Winklevoss claimed in an interview with CNBC on Wednesday, Feb. 7. At press time, the market capitalization of Bitcoin was just below $140 bln, following a huge sell-off on Tuesday, Feb. 6 which has seen the cap drop as low as $102 bln. That would put the Winklevoss’ estimation of Bitcoin’s future market cap at over $5 trln. This number comes from…

Cryptocurrency Investments, Blockchain Trends and Industry Development Vectors Will Be Discussed at Blockchain & Bitcoin Conference Thailand

On March 6, Bangkok will host a large-scale international conference on the blockchain, cryptocurrency, and ICO – Blockchain & Bitcoin Conference Thailand. The event will be held at the five-star hotel Pullman Bangkok Grande Sukhumvit. Leading experts of the cryptocurrency sector from Thailand, as well as international experts from other countries, will speak at the conference. Names and topics of the seven speakers are already known. Joseph Tsou is the managing director at BlockEx. He has extensive experience in financial services and he is also a fintech expert. The topic of his presentation…

More Crypto Jobs in India, Despite Delhi’s Stance on Bitcoin

Economy & Regulation Jobs and applicants for employment in the cryptocurrency sector have increased substantially in India, despite current attitudes in Delhi towards bitcoin. Significant growth has been registered in the second half of last year, a period of great uncertainty about the crypto future of the country. This month Indian government reaffirmed its commitment to eliminate illicit use of cryptocurrencies. New regulations are expected in March. Also read: Survey: Indians See Brighter Crypto Future than Americans Indians Searching “Crypto” on Job Sites The number of cryptocurrency…

Bitcoin Cash Markets Recover — While Infrastructure Support Increases

News This past week bitcoin cash (BCH) markets have been suffering from the bearish sentiment plaguing cryptocurrencies across the board. On February 6 the price of BCH reached a low of $740 per coin but has since bounced back to the $950-1,050 region on Bitstamp Tuesday evening. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners Bitcoin Cash Markets Begin to See Recovery Ahead This week bitcoin cash markets took a hit as BCH had lost roughly $588 USD (-39%) in value over the past seven days. At…

Stock Market Correction – Perspective For Crypto Marke… | News

It has been a sobering couple of days for the whole cryptocurrency market after the biggest sell off in recent memory. Bitcoin dipped below $7,000 for the first time since November marking a complete turnaround from the value that marked the start of a phenomenal bull run all the way up to $20,000. But after positive statements from the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission Tuesday, the markets have had a complete turnaround. In the space of a week, the overall cryptocurrency market capitalization (according…

What Reasons Are Left to Buy Bitcoin Today? | News

There is little doubting why, in the run up to Bitcoin all time high of $20,000, people were entering the cryptocurrency market. There was a promise of massive growth, potentially huge returns on investment, and a story already told of missing out as an early adopter. People thus flooded the market, entering for all the wrong reasons, really. However, this created a massive spike in interest and a massive spike in price. Things have changed somewhat now, with Bitcoin heading towards $6,000 rather than above $20,000, and this has caused…