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TIM DRAPER INSISTS BITCOIN WILL HIT $250,000

Crypto billionaire and venture capitalist Tim Draper has refused to back down from his past prediction that Bitcoin would one day achieve a value of USD 250,000. During a Youtube interview with crypto influencer @cryptoWendyO, he did, however, extend his prediction’s deadline by a year, from his initial date of 2022 to 2023. Speculators may…

HARVARD UNIVERSITY BACKS $50MILLION DIGITAL TOKEN OFFERING

Harvard University’s endowment fund has invested in cryptocurrency company Blockstack Inc continuing the trend of educational establishments’ interest in the burgeoning digital payment industry. Harvard joins a small group of institutional investors that have jumped into crypto assets. Two pension plans in Virginia invested in a venture-capital fund for the blockchain and digital-assets Along with…

GOVERNOR OF COLORADO SIGNS CRYPTOCURRENCY-FRIENDLY BILL

Jared Polis, the Governor of Colorado, has signed a cryptocurrency-friendly bill exempting digital tokens from state securities laws — As long as the primary purpose is as a “consumptive.” In November, US Representative Jared Polis, who is a known cryptocurrency and blockchain advocate, became Colorado’s Governor. On March 6, Theresa Szczurek said that Polis has…

ANTALYA HOMES ACCEPTS BITCOIN FOR PROPERTY SALES IN TURKEY

All over the world, the real estate industry is taking note of how profitable it is to sell real estate with Bitcoin. Leading Turkish real estate agency Antalya Homes reports that it sold nine properties using Bitcoin as payment in 2018 Accepting cryptocurrencies reflects Antalya Homes’ mission of embracing global trends by offering buyers “more…

BROCK PIERCE TAKES OUT FIRST-EVER BITCOIN-BACKED MORTGAGE

Bitcoin billionaire Brock Pierce took out a crypto-backed mortgage to buy a $1.2 million home in Amsterdam. Not many of Americans know how knee-deep Pierce is in the cryptocurrency industry. Pierce who was an early adopter in the space, in 2013, he co-founded VC firm Blockchain Capital (BCC) which had already raised some $85 million…

BITCOIN REACHING ITS ALL-TIME HIGH TRANSACTION PER SECOND TIME

Bitcoin transaction rate is currently at its highest level since December 2017 despite the 14-month long bear market. With transaction per second on the rise, the top-ranked cryptocurrency is also experiencing resurgence in both actual use, especially in emerging markets, and interest as seen in the latest Google search trends. Data from Blockchain shows that…

GOOGLE HAS INTRODUCED BITCOIN SYMBOL ON IOS KEYBOARDS

Google now enables the Bitcoin symbol on keyboards for iOS mobile devices, a proof that the IT giant recognizes Bitcoin as a mainstream currency. Users of iOS mobile devices can now use the capital letter serif B, traversed with two vertical lines.  Crypto journalist Tim Copeland explains, “To access it, make sure you’re using the…