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Bitcoin BTC to reach $137,000 by october 2023 if historical trend is followed analysts the $137,000 bitcoin call although the crypto market has yet to break out to the upside investors have continued to speculate where bitcoin BTC will pick next one analyst notes that it will be far above $20,000 which BTC first reached in late 2017 market psychology specialist philip swift recently took to twitter to explain his call citing indicators from Willy whoo in the Bitcoin network momentum here is your Bitcoin date and price forecast for the next dollar BTC cycle price top done by combining Bitcoin network momentum and at WA Nam Ixtapa cap you can now book in that Lambo test drive for autumn 2023 I pick twitter.com KN 0 6 q 85 ft Philip Swift at positive crypto March 4th 2019 Swift notes that is per top cap and the momentum indicator which gauges transactional throughput BTC is most likely to have a market capitalization of 1.7 trillion dollars to two point six trillion dollars by October 2023 meaning a per calling price of around 92 thousand dollars to 137 thousand dollars he adds that more likely than not transactional volume on the blockchain has likely reached a low setting a positive precedent for medium-term price action Swift’s analysis elicited a response from Wu who created the model he used to call a top the Australian researcher noted that making such an estimate forecasts so early in the game is like trying to catch a pop fly with your eyes closed regardless who noted that this is still fun to do hence why people make such analysis decisions regardless in the past the industry commentator has claimed that it is only a matter of time before BTC meanders back to its $20,000 high in a number of comments on Twitter the trader stated that he believes that fundamentals are stronger than ever the popular analyst even remarked that eventually bitcoin will recover just like the past touching on the fact that institutions mainstream media and representatives of the traditional realm of finance bashing the cryptocurrency is amazing not the craziest crypto prediction although one hundred thirty seven thousand dollars for a single unit of the flagship cryptocurrency is preposterous by current standards Swift’s prediction is far from the most optimistic per previous reports from ethereum World News dollar carface Scarface a popular trader on Twitter first noted that it would be irrational to claim that BTC won’t undergo another parabolic cycle he added that if the cryptocurrency follows its historical habit of rallying to five point one to sixteen point eight nine times above its previous peak Bitcoin could move to three hundred thirty-seven thousand dollars in the next market cycle this of course is well above Swift’s call but is still in the sextuple digits range the aforementioned survivalism has noted that while the last cycle returns 16x as BTC ran from $1,200 to $20,000 the next cycle could post even greater returns the analyst attributing the hopeful forecasts to adoption and bitcoins resiliency on a global stage thus concluded that a pump to $750,000 wouldn’t be illogical yet some have claimed that eventually the leading digital asset will break out of being sub 1 million dollars especially as the legacy economy could begin to buckle under heavy debts Jesse London the vice president of IBM’s blockchain and digital asset branch recently took to an interview with finder dot-com to explain why 1 million dollars is possible he explained that while BTC is only likely to end 2019 $5,000 over time 1 million dollars could be in the cards especially as institutions and the public siphon capital into this space creating a positive feedback loop that pushes prices higher with time tidal image courtesy of descriptive dot-com via on splash [Music] [Music] [Applause] Block B launches interest-bearing savings accounts for cryptocurrencies on March 4th cryptocurrency back United States dollars lending platform Bluff he announced the launch of a new savings program called the Block B interest account via having started as a private beta Service bias are now available to the public with in store Bitcoin core BTC and ethereum and receive 6% annual interest paid monthly in cryptocurrencies also read an in-depth look at ethereals maker and dice tablet points Block B introduces savings account that earns our return on BTC and F Holdings cryptocurrency lending company Block B has initiated a new service that provides investors with annual interest on stored cryptocurrencies the block fee interest account via enables customers to earn 6 point 2 percent of the year compounded monthly by simply storing BTC or F in an account last July Block B raised 52 point 5 million dollars to get the company rolling with a funding round led by Michael Novogratz company galaxy digital in August the lending firm was approved to operate its services in California according to block P the newly created via savings program was initially launched in private beta and managed to attract 10 million dollar worth of F in BTC from retail corporate and institutional investors the launch of BIA is another significant step in Block B’s goal of becoming the go-to provider of financial services for crypto investors said Block B CEO Zack prints on March 4th lending and borrowing are readily available at the institutional level and we’re excited to leverage our relationships and Capital Markets expertise to provide utility and yield on digital assets for all crypto investors blocked fee details that the bia service is available to customers worldwide and the digital assets are held by the Gemini Trust Company in New York Gemini recently announced its custodial services and completed a sock to type one security compliance review Block B says customers accrued the 6.2 percent on a monthly basis and are able to initiate withdrawals at any time as crypto markets mature greater liquidity will be constantly required to keep markets orderly Renee van kes Turan block fees chief risk officer stated by providing a transparent yield on BTC in death block fee will be a key part of the trading and market making ecosystem block fee joins a few other startups offering compounded crypto yields block fee is not the only firm offering cryptocurrency investors a yield on BTC in death last August the US Commodity Futures Trading Commission CFTC regulated exchange Ledger’s launched an interest-bearing BTC savings platform according to ledgers the program allows clients to gain an annualized return of roughly sixteen percent even when crypto markets are not appreciating unlike block fee ledger –cz holds the digital assets and of US bank holds the accrued United States dollars interest the ledger Savings Program another company headquartered in San Francisco called compound has developed a platform that creates a decentralized interest rate market for cryptocurrencies the compound application uses bat f and rep within its protocol that runs on the ethereum network the startup received 8.2 million dollars in seed funding from venture capital firms like andreessen horowitz poly chain capital and Bain Capital Ventures Florrie marques co-founder and VP of block fee operations believes the startups compliance programs set it apart from the competition the yield earned by B a customers is generated by block fees institutional borrowers and from participants from the company’s last fundraiser since block fee launched it is also added litical and ng USD for crypto bank loans block fees proprietary risk management system which automatically initiates margin calls and liquidations to protect our customers assets has a perfect zero loss performance record since launching in 20 17 concluded the company’s announcement what do you think about Block fees BTC in earth savings program with its 6.2 percent annual interest let us know your thoughts on this subject in the comment section below verifying track between cash transactions on our BCH block Explorer the best of its kind anywhere in the world also keep up with your holdings BCH and other coins on our market charts ATS Itachi’s pulse another original and free service from Ohio Bitcoin comm Jaime Redman Jaime Redman is a financial tech journalist living in Florida Redmond has been an active member of the cryptocurrency community since 2011 he has a passion for Bitcoin open source code and decentralized applications Redmond has written thousands of articles for news doc Bitcoin calm about the disruptive protocols emerging today thanks for watching the ohio bitcoin comm bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon will Facebook become the biggest name in crypto you could call Facebook a technological pioneer their model for the social network has truly changed the world the next step in Facebook’s progression will see the man to the blockchain industry with rumors suggesting that one day Facebook wants to use crypto based currencies to become the biggest central bank in the world Facebook have designed a platform that is used by millions of people on an hourly basis it’s so engrained in our lifestyles that Facebook exists across our devices our telephones or televisions our computers and what next our cryptocurrency wallets the big question for the majority of the crypto community is how will Facebook actually go on to integrate themselves as a part of the cryptocurrency community will they design a wallet to allow their users to store cryptocurrency will they design their own cryptocurrency will they adopt Bitcoin or will it be something else perhaps a Facebook LED remittance payments system if you haven’t got the idea yet the possibilities are truly endless when it comes to Facebook’s role within cryptocurrency because they have the technology and most importantly the financial backing to do whatever they want they can launch new crypto products in an instant realistically the really important thing to consider something that is bigger than Facebook’s financial strength it’s their adoption then use a basin the sheer number of people that use their platform during the last quarter of 2018 Facebook recorded over two point three two billion monthly active users yes that’s active users so this doesn’t include Facebook users that have accounts but don’t use the platform on a regular basis now imagine the scale of a cryptocurrency project that is used by 2.3 to billion users per month a Facebook Laird central bank according to a new blog post by Lance then Facebook could plan to become one of the biggest central banks in the world Facebook could do this through the introduction of a cryptocurrency service all things considered a Facebook led central bank does seem like a logical next step and it could mean very big things for cryptocurrency adoption between messenger whatsapp and Instagram which face spa clones there are a collective 2.7 billion users if Facebook decides to back the value of its own digital with a basket of foreign currencies then it could potentially become the largest central bank in the world because that’s what central banks do print money backed by a basket of foreign currency reserves furthermore not only will this become monumental in world economic history it is also going to become a serious and rapid threat for the existing Giants of the finance industry if Facebook issued its own digital currency and all its users had a Facebook mobile wallet with Facebook coins in it then the need for credit cards will diminish more and more you make a purchase online you pay for it with Facebook coins many apps have already integrated user sign in with Facebook accounts payment is just another step away this is a solid theory based off solid grounds Facebook may not intend to become a central bank but through the launch of their stab LaPoint for what’s happened messenger Facebook would essentially become a hub for huge amounts of money transfer in a range of different fiat currencies this in turn would make them a central bank in a symbolic sense at least we do know that a Facebook coin will launch though Facebook are yet to announce what the true nature of this coin will be many believe that it will facilitate some ecommerce payments online shopping will become a two-step process and Facebook apps I see I like I click buy I hit confirm Facebook coins move from my mobile wallet to the celery immediately there will be no exchange rate spreads and far lowered transaction fees social networks instant messaging and e-commerce will become truly integrated you consumers will come to expect the convenience of to click transactions existing ecommerce platforms using traditional payment gateways will have to adapt to compete the true implication of this a faster and more efficient online shopping experience backed by a cryptocurrency that is easy to use easy to access and cheap to run the question this then poses will this eventually led to the adoption of Bitcoin if Facebook do design as tablet point for e-commerce purposes will it be tradable against Bitcoin probably not or not for the near future at least a lack of regulation for Bitcoin and traditional cryptocurrencies means that Facebook will always be uncertain about how they can adopt Bitcoin but still remain within the bound trees of the law moreover because bitcoin is legal in some countries and illegal in others it would be impossible for Facebook to actually police who is trading Bitcoin with establish something that in turn could cause problems such as Facebook becoming a platform very illicit trade too much like Silk Road Facebook faces a real dilemma here it has gotten a lot of public backlash for selling user data in recent years but if it swings to the other extreme and guarantees absolute privacy like rivals telegram and signal then it could potentially become another Silk Road the internet black-market that first popularized Bitcoin when users started using it to buy and sell drugs Facebook are set to become the biggest name in cryptocurrency though as it stands nobody really knows how they are going to tackle this the design of a Facebook coin is under way though the true intentions for this coin are still unclear as we delve deeper into 2019 hopefully it’s just a case of waiting to find out thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither a ohio bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoyed this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon electro um ET n launches $80 smartphone that mines crypto blocked james startup an electron oom has just launched a dirt cheap android smartphone that mines cryptocurrency announcing the news on monday the firm said its new m1 is a google mobile services GM – certified smartphone that comes with a cloud mining technology integration enabling users to earn crypto through an app the $80 smartphone however will at launch mine only electro looms native token etn with a claimed monthly return of up to three dollars once setup mining can be carried out offline the firm said the ETM toh concerned by users can be utilized to pay for services such as mobile top-ups online services and shopping it’s also tradable exchanges with 1 et:n worth around 0.007 $3.00 a time of writing according to data from kim market cap it has a market capitalisation of around 65 million dollars currently the m1 offers 4G 8 GB 32 GB of storage and 2 SIM slots and is powered by a quad-core 1.3 GHz processor cameras are less than overwhelming 5 megapixels rare and 2 megapixels front the device is apparently being offered at the price of reconditioned handset because electro loom is looking to target developing countries and grow the adoption of blocked shame and cryptocurrencies in some countries the firm may price the phone even lower at around $60 to start with we will be selling the m1 in South Africa as this is our first launch market neck Cook head of operations at electro Newton told poin esque the m1 will be sold through local vendors cook father said that the device will also be sold over Amazon in South Africa in the coming weeks electro news founder and CEO Richard else said in a separate statement shared with Coyne desk South Africa was an obvious choice for us we carried out a large survey in the country and found that 97 percent of those who responded said they would like to use ETN to pay for mobile airtime and data electro knew has partnered with cyber security firm hacker 1 which is also used by the US apartment of Defense to secure its network cook told point desk M one image courtesy of electro new thanks for watching the Ohio Bitcoin Kampf Bitcoin News Channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither at Ohio Bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct to trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoyed this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon hello cutie-pie [Music] [Applause] [Music] [Applause] [Music] you say [Music] understanding that I have to go this way is probably harder than asking me you [Music] crow [Music] Oh [Music] if you don’t even work too kimber [Applause] [Music] [Music] [Music] [Music] [Applause] [Music] [Music] [Music] [Music] [Music] [Music] [Applause] [Music] god [Music] [Music] [Music] u.s. supermarket chain Kroger ditches visa and considers bitcoins lightning Network as a replacement major us-based retailer Kroger has announced it will no longer accept Visa credit cards that it Smith’s food and drug stores because of exorbitant fees Anthony pump Leon o tweeted a suggestion to hook them up with bitcoins Lightning Network countrywide and it appears like Kroger may be taking up the offer an issue with excessive fees the Cincinnati based Kroger that operates 143 food and drug stores across seven states and employs over 20,000 people began the debate with a March 1st 2019 announcement that it was no longer going to accept Visa credit cards as a result of high fees according to Boston 25 News Kroger brands would stop accepting Visa from April 3rd 2019 in some states and will explore other options to cut down on the costs incurred by Visa Kroger CFO Mike Schladming lamented that the card fees charged by payments tightened were higher at Smith’s than any other credit card brand adding that Visa was due to increase its processing fees in April he explained Visa has been misusing its position and charging retailers excessive fees for a long time saw an opportunity it was under those circumstances that Morgan Creek digital founder Anthony pomp Ileana saw an opportunity and quickly tweeted back suggesting the crypto alternative grocery store at Kroger is stopping acceptance at that’s Visa in over 250 stores because of Network fees who knows someone on the leadership team there the Morgan Creek digital team will fly to meet them and get them hooked up with the Lightning Network nationwide percent oil pump had a pump Leon Oh March 2nd 2019 several hours later Kroger’s production manager tweeted a response showing interest in taking the conversation further he wrote hey pumped I’m a product manager at Kroger Digital can you confirm that you’re the correct person could discuss this with I would love to set up the conversation Tom responded saying DM me let’s do it the point lightning to the rescue Smiths is the second Kroger brand to abandon Visa credit cards following a similar decision by california-based Foods Company Supermarket should the deal between pomp Leon oh and the Smiths go through and the implementation of the Lightning Network payment solution is implemented that could lead to broader adoption across all the Kroger brands for their part visa is not about to give up and has promised to work out the problem stating that they have put forward a number of solutions to allow our card holders to continue using their preferred Visa credit cards at foods company in Smith’s without Kroger imposed restrictions and we continue to work toward a resolution the Bitcoin network is steadily making inroads in the crypto community and it has continued to receive support from leading companies and individuals giving advantages of preferred payment processor among those who have received a payment in a transaction chain called de lightning torch our lincoln and co-founder reid hoffman and the digital team at fidelity investments between a dot we and our research team at the fidelity Center for Applied Technology have received the numberland torch from a twist who should we pass it to thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin comm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again you with more bitcoin headline news and analysis soon [Music] [Applause] [Music] [Music] [Music] [Laughter] [Music] [Music] [Music] bug bug bug bug bug bug bug bug bug pi PI pi PI pi PI pi PI pi PI pi PI [Applause] [Music] [Music] the fourth largest private employer in the u.s. says no to Visa may accept Bitcoin it is official Kroger the 22 dollars and 35 cents be the US largest supermarket chain by revenue complete with three thousand 28 locations effectively becoming the fourth largest private employer is officially tired of Visa credit cards like most centralized payment facilitators visa is quickly turning out to be fast high throughput but expensive for this reason the chief financial officer at the profitable supermarket chain Mike schlattman said they will no longer accept Visa credit cards at any of their Smith’s food and drug stores beginning April 4 food and drug stores has 20,000 employees spread across seven US states operating in 134 branches visa has been misusing its position and charging retailers excessive fees for a long time at Smith’s visas credit card fees are higher than any other credit card brand that we accept crypto like Bitcoin is cheap and superior as a new innovation blockchain and cryptocurrencies including middlemen a role played by centralized fund transfer agents like Visa the funds transfer facilitator has infrastructure in place but because of the nature of their operations these are in similar companies charge a premium for their services in contrast cryptocurrencies are in the early stages of adoption although they may be volatile of which it will reduce when it is finally mainstream evidence shows that these networks are cheap fast secure and most importantly global that means fees are constant regardless of geography add that to censorship resistance these superior alternatives are immune to local socio-economic events like hyperinflation more about Visa this is a blow to visa with five types of credit cards Visa classic gold platinum signature and infinite the decision by Kroger may also change the mind of other chains if it becomes a global rally visa may be forced to reduce their fees as profitability dipped spite their presence in more than 200 countries and accessibility from more than one point nine million ATMs visa is the largest credit card issuer in the world a visa spokesperson with a carefree attitude responded saying card holders are our first priority our goal is to ensure that every cardholder can use their Visa card wherever they wish to shop when consumer choice is limited nobody wins the visa network delivers significant value from merchants including access to more customers increased sales security and fraud protection a quick and convenient checkout experience and ongoing innovation and implementation of the latest technologies Kroger enjoys all of these benefits and there is a cost for these services like any other Anthony pomp Leon oh and Bitcoin lightning Network proposal while tweeting about this decision a co-founder and partner at Morgan Creek digital Anthony pomp Leon o said his team was ready to meet the kroger the aim he says is to hook them up with the ever expanding Bitcoin Lightning Network grocery store at Kroger is stopping acceptance of that’s Visa in over 250 stores because of network fees who knows someone on the leadership team there the Morgan Creek digital team will fly to meet them and get them hooked up with the Lightning Network nationwide % oi pump at a pump Leon o March 2nd 2019 moments later a product manager of the supermarket chain going by the Twitter name at Suffolk Nick said he was ready to make arrangements hey pump I’m a product manager at Kroger digital can confirm that Yale is the correct person to discuss this with I would love to set up a conversation Nick at Suffolk Nick March 2nd 2019 hours later pump confirmed their first call just finished up first call with someone on Kroger digital team world-class forward-thinking crew looks like things are progressing stay tuned boy pump at a pump Leon Oh March 3rd 2019 the Bitcoin Lightning Network is a layer 2 solution that promises to scale the underlying settlement base it is a work in progress and in beta thanks for watching the Ohio Bitcoin comm Bitcoin news channel today we appreciate you spend some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Music] [Music] [Music] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Music] [Music] [Music] [Music] hi say one word to you just one word yes sir listening just so you know plastics [Laughter] [Laughter] [Music] Utah lawmakers sponsor bill to exclude cryptocurrency transactions for money transmission laws a Utah state senator has introduced a bill that could exempt cryptocurrency and blockchain technology focused businesses from the state’s money transmission laws if passed Utah would become the next after Pennsylvania and New Hampshire to classify virtual currency businesses outside the ambit of money transmission regulations Utah the next cryptocurrency friendly destination in the US on March 1st 2019 daniel hammered a Republican member of the Utah Senate introduced Senate bill 213 the bill seeks to provide an exemption for cryptocurrency token issuers and exchanges from being classified as money transmitters the proposed legislation also looks to create a clear framework upon which future regulations could be built thus the bill asks for the creation of a 12-man blockchain pilot project evaluation task force that would oversee the study of the cryptocurrency and blockchain technology landscape according to the proposed bill the task force will examine the various ways in which the emerging technology could be of benefit to the state also the team will develop preliminary rules and regulations for consideration by appropriate committees in the state legislature if passed Utah will join the likes of Pennsylvania and New Hampshire in exempting cryptocurrency exchanges and token issuers from money transmission laws Wyoming also recently introduced and passed into law several cryptocurrency focused bills one such bill exempts cryptocurrency tokens from both Securities and money transmission laws money transmission laws and the emerging digital economy in the absence of federal cryptocurrency regulations different states in the u.s. continued to develop their virtual currency and blockchain technology laws thus businesses are forced to navigate a patchwork of state regulations as part of their operations the question of whether crypto currency trading constitutes money transmission is one that has no consensus agreement among state regulators in the u.s. part of the issue lies in determining whether crypto currencies like Bitcoin represent money or not thus while Pennsylvania New Hampshire Illinois and Texas do not classify crypto trading as money transmission others like New York North Carolina and Oregon have elected to do the exact opposite New York even has its legacy cryptocurrency business registration bit license which is required for operating in the state states like Wyoming believed that excluding cryptocurrency trading from money transmission laws creates a conducive environment for virtual currency businesses on the opposite side proponents say such exemptions open the door for money laundering and other illegal financial transactions thanks for watching the ohio bitcoin comm bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon [Music] [Music] [Music] [Music] [Music] [Applause] [Music]

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