Jack Dorsey: Bitcoin will be the world’s ‘single currency’ in 10 years

  Twitter and Square cofounder Jack Dorsey believes that in 10 years or fewer, everyone will be using Bitcoin. "The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin," Dorsey told London news outlet The Times . Dorsey acknowledged that Bitcoin is still "slow and...
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5 Reasons Bitcoin’s Adoption Is Stronger Than Ever

 Reason #1 Bitcoin is now even more secure. Compared to one year ago, the computing power deployed on the Bitcoin network by users all over the world has more than doubled . Reason #2 The number of daily active addresses is stable. In a big bear market, this kind of stability is an encouraging sign. Reason #3 Transaction volume has doubled. Th...
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The Truth About Starbucks and Crypto Payments

  Since the announcement about Bakkt by Intercontinental Exchange (ICE) on 3 August 2018, many reports have suggested that Starbucks is getting ready to accept Bitcoin payments. But are these claims valid? This article takes a closer look at this announcement to discover the truth about Starbucks and crypto payments. The press release by ICE (...
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Russia Will Buy $10 Billion in Bitcoin, Ditch US Dollar and Become Huge Crypto Whale: Russian Economist

  According to a new claim from a Russian economist, the world's 12th largest economy is about to pour $10 billion into Bitcoin. Vladislav Ginko, a lecturer at Moscow's Russian Presidential Academy of National Economy and Public Administration, says US sanctions are forcing Russia to diversify. Chris, I believe sitting here in Moscow, Russia, ...
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Lite.IM Brings Bitcoin to Facebook Messenger, Telegram, and SMS

We're pleased to announce that Bitcoin (BTC) support has finally arrived on Lite.IM! Now you can send, receive, and manage your Bitcoin easily and securely right from the convenience of popular messaging platforms like Telegram, Facebook Messenger, and SMS (in the US and Canada). Bitcoin is the fourth currency to arrive on Lite.IM after Litecoin (L...
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German Adoption Of Bitcoin Growing

A recent survey shows that more than one-third of big companies in Germany see blockchain technology as revolutionary as the internet was back in its day. On top of the Internet of Things and Artificial Intelligence, blockchain technology one of the current three areas of development with massive potential. The survey was administered by the German...
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Why Bitcoin Matters for Freedom

In the border city of Cúcuta, Venezuelan refugees stream into Colombia , searching for food to feed their families. Years of high inflation, projected to top 1 million percent , has turned bolivares into scrap paper . More than 3 million Venezuelans have fled since 2014, and 5,500 exit for good each day. According to the United Nations , the exodus...
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10 Reasons To Buy Bitcoins

Bitcoin, in recent years, has become a household name and is probably the most widely accepted Cryptocurrency. You might have doubts about investing in bitcoins, you might need a guide to buy bitcoins or you may wonder why the price of bitcoins moves so much, but here are a few reasons why you should invest in them even in 2018. 1. Bitcoin is relia...
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Why Bitcoin, Ethereum and the Entire Crypto Market Are Down in Value

The way I see it, investors in 2017 — and specifically in Q4 — wanted to buy Bitcoin ( BTC) and Ethereum ( ETH ) for the sole purpose of exchanging it for specific ICO tokens they wanted to invest in. The buyers of Bitcoin and Ethereum did not want to own Bitcoin or Ethereum. They wanted to buy the newly issued initial coin offering ( ICO ) tokens,...
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Cambridge University Report Shows a 100% Growth in the Number of Crypto Users This Year

While that the crypto market has caused severe pains to its investors, the participation of the crypto users in the market has nearly doubled shows the latest report from the Cambridge Centre for Alternative Finance. Published on Wednesday, December 12, the report shows that 17 million "verified users" were added to the cryptocurrency market this y...
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Crypto-lawyer tweetstorm pours cold water on VanEck/SolidX bitcoin ETF hopes

A noted crypto-commentator has given a gloomy outlook on the chances of VanEck/SolidX's ETF proposal getting the thumbs up in February. One of the big cryptocurrency narratives of 2018 has been the initial expectation, and eventual disappointment, surrounding the US Securities Exchange Commission (SEC) approval of a bitcoin Exchange Traded Fund. Su...
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Eight Reasons to Use Cryptocurrency Payments in 2019

  This article on cryptocurrency payments was written by Thomas Highwater, who is an avid fan of all things crypto-related. Mr. Highwater teaches high-school level robotics and programming. *** While there is a growing number of fiat based-payment processors with a variety of practical tools and methods of payment, adding cryptocurrency paymen...
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Bill Gates: Digital Currency Will Help the Poor

  Microsoft's Bill Gates is one known in the past for expressing admiration for cryptocurrencies and in a recent video, he has done just that claiming that digital technology has the means to empower the world's poorest. Although the Microsoft principal founder has cooled to Bitcoin in recent years, there was a time he would express more upbea...
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Why bitcoin — by design — won’t become worthless, according to this crypto heavyweight

Bitcoin protocol is set up to be adjusted as mining conditions worsen, says teaching fellow Andreas Antonopoulos As bitcoin flounders to its lowest level in 14 months, concerns over mining profitability have some wondering if the best-known cryptocurrency is headed for a hard landing as those solving the complicated puzzles hit the off-switch on th...
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The Week: Nasdaq BTC Futures, Hashrate Falls, Bitcoin ETF Discussions

  Last week saw numerous important and positive institutional and regulatory announcements. Ohio announced it will allow companies to pay taxes with bitcoin, VanEck and Nasdaq partner to launch bitcoin futures and two bitcoin addresses were sanctioned by OFAC. Bitcoin's dominance fell from 53.9% where it was a week ago, to 53.5%. The total cry...
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The Trade Of The Decade: Betting On Bitcoin

  Despite this year's bloodbath in the crypto-asset space, the industry will likely still generate considerable investor surplus in the long-run. In fact, an investment in a basket of the top crypto-assets (largely Bitcoin) has the best chance to deliver the most attractive risk-adjusted returns over the next 10-years, compared to less controv...
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Bitcoin ETF Seekers Met With SEC Monday In Latest Pitch for Approval

  Members of VanEck, SolidX and the Cboe BZX Exchange met with U.S. Securities and Exchange Commission (SEC) staff earlier this week to present a new argument on why the bitcoin market is ready for an exchange-traded fund (ETF). In the latest push to convince the regulator to approve a rule change which would open the door for the country's fi...
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BITCOIN WILL BE THE AMAZON OF CRYPTOCURRENCY, SAYS VC ADVISOR

If the present cryptocurrency price drop is akin to the dot-com crash of 2000, then Lou Kerner believes Bitcoin will be the Amazon of the cryptocurrency era. The top-ranked virtual currency is currently down 77 percent from its mid-December all-time high. 'HODLERS' GAIN REWARDS EVERY COUPLE OF YEARS Speaking recently to CNBC , the CryptoOracle part...
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Bakkt Puts Bitcoin Plans “on Ice” – Bitcoin Futures Launch on ICE Futures Exchange Delayed Til January

  Bakkt, a company owned by the NYSE, has delayed the Bitoin Futures Contracts launch on ICE Futures U.S. exchange until January 24, 2019. During that time Bakkt will be able to test every process and ensure investors will find a healthy environment to trade Bitcoin Futures. ICE Futures U.S., Inc. , a derivatives exchange, announced on Novembe...
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Top 5 Crypto Tax Software Companies for Tax Season

This story was originally published at BlockFi.com . For more information on understanding crypto taxes and managing your tax exposure, visit the BlockFi resource center . Calculating your crypto taxes is one of the more stressful parts of being a cryptocurrency trader. The time it takes to report on your crypto taxes depend on the number of coins ...
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