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2 685 hours ago
The Fundstrat founder, Tom Lee after making an assessment based on the number of active wallet addresses, usage per account and supply metrics declared that the bitcoin’s dismal price of roughly $3,400 is wrong because its actual fair market value is $13,800 to $14,800.“Fair value is significantly higher than the current price of Bitcoin,” he wrote in a note, as reported by Bloomberg. “In fact, working backwards, to solve for the current price of Bitcoin, this implies crypto wallets should fall to 17 million from 50 million currently.”
16 2528 hours ago
A new study is showing that the user numbers of crypto user in China is growing according to local media.
“The statistical results of Aurora Big Data show that the industry penetration rate of virtual currency applications has entered a rising channel since last November, and the growth rate of industry penetration has slowed down significantly since June this year. As of September, the number of industry users of virtual currency applications reached 7.51 million, an increase of 230.84% over the same period last year,” they say according to a rough translation.
9 25119 hours ago
45 49120 hours ago
Germany’s second-largest stock exchange, Boerse Stuttgart Group, is set to launch a cryptocurrency trading platform in the first half of 2019.
The firm announced Wednesday that it has partnered with a local fintech company solarisBank to create an engineering infrastructure for digital assets trading.
“What is Bitcoin” is the number one search term for 2018 in Romania. People start to wake up 👌👌
United Arab Emirates-based UAE Exchange and U.S. startup Ripple plan to launch cross-border remittances to Asia via blockchain by the first quarter of 2019, UAE Exchange's group CEO said in an interview.
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The auto industry is believing on blockchain. In fact, a whopping 62% of auto executives say the technology underpinning bitcoin will be a disruptive force in the industry by 2021.
Moreover, 95% of carmakers plan to make “moderate to significant” blockchain investments over the next three years, according to a report by the IBM Institute for Business Value, a business-research group.
57 6642 days ago
Samsung has filed applications for three blockchain-related trademark requests for smartphones.Based on the descriptions provided by the company, the three European trademark requests relate to providing crypto custody services on smartphones, which indicates that Samsung may be planning to make its entry into the ‘blockchain smartphone’ market following the recent release of HTC’s Exodus. Dutch tech news blog Galaxy Club reports that the three requested patents are called ‘Blockchain KeyStore‘, ‘Blockchain key box‘ and ‘Blockchain Core'. Citing an unnamed source in its report, Galaxy Club claims that Samsung is planning to release more information about its interest in developing a range of smartphones with specialist cryptocurrency and blockchain functionality as part of the company’s ongoing mini crypto pivot.
24 4902 days ago
Haha brilliant 🤣🤣👍Posted by cyberpunkBTC on reddit