Standard Chartered sees Bitcoin rally to $150k in 2024, Ethereum and BlockDAG set to gain too

The surge in Bitcoin ETF investments has spurred global banking giant Standard Chartered to revise its year-end price forecast and 2025 projections upward. They now forecast that Bitcoin will reach $150,000 by the end of 2024, a substantial increase from its earlier prediction of $100,000.

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Standard Chartered Predicts Bitcoin At $150,000, ETH At $8,000 By Year-End

Standard Chartered’s latest research notes offer a very bullish outlook for the major digital assets, Bitcoin (BTC) and Ethereum (ETH), by the end of 2024 and beyond. The bank’s analysts project Bitcoin could reach $150,000, while Ethereum could hit the $8,000 mark.

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Bitcoin price will hit $120,000 in 2024, Standard Chartered believes

Standard Chartered Bank has revised its bitcoin price prediction, forecasting a rise to $120,000 by the end of 2024. The renewed push for a bitcoin exchange-traded fund (ETF) by BlackRock and other institutions could potentially propel the cryptocurrency even higher.…

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Bitcoin: The Inevitable Path Toward Global Adoption Of The Next World Reserve Currency

A changing of the guard is standard for fiat currencies — but bitcoin is set to supplant them all.

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Australian Baseball Club Embarks On A Bitcoin Standard, Integrates Lightning

The Perth Heat is setting Bitcoin as the new standard for all payments and payouts, the club said in a statement.

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The Satcomma Standard: You Should Look At Bitcoin Like This

The satcomma standard allows users to see both bitcoin and sats in one easy glance.

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Current Damage to Bitcoin Will Turn into “Great Comeback”, The Bitcoin Standard Author Believes

Author of the bestselling Bitcoin Standard book offers his take on the likely outcome of the current crackdown on Bitcoin imposed by China

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Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 2: Primitive Moneys)

Welcome back, book lovers! As we continue our exploration of Saifedean Ammous’ “The Bitcoin Standard,” it’s time to turn our heads to previous forms of money. Each of these stories carries a lesson.

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Bitcoin SV Technical Standards Committee opens first proposed standard for public review

Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces that the first proposed standard from...

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On the Coast of El Salvador, Bitcoin Is Becoming the Standard

Inside a circular economy built on bitcoin

The post On the Coast of El Salvador, Bitcoin Is Becoming the Standard appeared first on Bitcoin Magazine.

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Bitcoin is the solution to fiat debt, claims Bitcoin Standard author Saifedean

In a recent podcast by Preston Pysh, author and economics professor Saifedean Ammous explained how Bitcoin is the solution to get out of debt. He said that inflation is a money supply phenomenon and not collapse in demand.

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Bitcoin Standard author Saifedean says that Bitcoin is now knocking at central banks’ door

Saifedean Ammous, an economics professor famously known for his book The Bitcoin Standard: The Decentralized Alternative to Central Banking sat down for an interview with Preston Pysh. In the podcast, he spoke about several developments in the ecosystem while comparing Bitcoin to traditional financial institutions and gold.

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Twitter Doesn’t Intend to Enter Cryptocurrency Contest with Facebook and Telegram

Jack Dorsey, CEO of Twitter and Square, has confirmed that Twitter has no plans of rivaling Facebook and Telegram with a token offering of their own, as per Forbes, September 9, 2019. Square will focus on bettering their Bitcoin-based offerings as Dorsey believes that an open internet standard like Bitcoin is much more beneficial andRead MoreRead More.

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Global Central Bank Digital Currency as a Catalyst for the Demise of the U.S. Dollar

Earlier this week, Mark Carney, the governor of the Bank of England, brought up the idea of a central bank operated digital currency akin to Libra to bring an end to the dominance of the U. S. dollar as the global standard for trade and international hedges.

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Standard Chartered Raises Concerns Over Heavy Chances of US Recession, All Eyes on Bitcoin

Coinspeaker Standard Chartered Raises Concerns Over Heavy Chances of US Recession, All Eyes on BitcoinFinancial experts and analysts are raising alarming concerns on the growing chances of US recession in the next year.

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Waves (WAVES) Decentralized Exchange Announces ERC-20 Support

Waves, a decentralized platform building operability for Web 3. 0 protocols, has officially announced support for the ERC-20 token standard for projects launched on Ethereum. As per the press release, voting for the first listing occurred last year, and Bancor (BNT) won by a significant margin.

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Samsung Adds Bitcoin Support to Its Blockchain Keystore

On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20 standard.

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Thai Government to Integrate DLT, A.I and Emerging Technologies into the Digital Economy

In a bid to improve the income, quality of life, and competitiveness of ordinary people in the society, Thailand’s Digital Economy and Society Ministry (DE)  intends to use innovative technologies like blockchain in developing mobile applications and e-commerce solutions over the next three months, reports Bangkok Post on August 11, 2019.

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Standard Chartered Bank Issues First DLT-Powered Letter of Credit

In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More.

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Hitting Milestones: Ripple Pushing XRP To Become The World’s Standard For Payments

Ripple, a blockchain company, has been advocating the use of cryptocurrency for cross border payments. Specifically, its native cryptocurrency – the XRP and its xRapid technology have been adopted by banks, governments, institutions, among others globally.

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Bitcoin Market Dominance Is Actually Over 75%: Ex Google Exec

Bitcoin in fact accounts for a much larger proportion of the overall cryptocurrency market, a former Google and Facebook executive has claimed. Bitcoin Market Dominance Has Long Been over 60% Presenting new figures on social media August 6, Avichal Garg, who now runs cryptocurrency asset management firm Electric Capital, said standard methods for measuring Bitcoin’s dominance were flawed.

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The Role of Gambling in Cryptocurrency’s Expansion

The number of digital currency users has grown exponentially over the past few years. There were approximately 3 million cryptocurrency owners in 2015 but that figure more than quadrupled by 2017.

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Deflationary Coins: Can These Tokens Explode In Price, Or Just Burn Out?

Inflation is a favorite antagonist in the cryptocurrency community. Most investors are probably familiar with the graphs showing how much value the U. S. dollar has lost since 1933, when the Federal Reserve left the gold standard.

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Trader Predicts Ripple to Dump by 60% Against Bitcoin Before It Moons

  Ripple is having a horrible 2019 against bitcoin. The Standard (Ripple) as known in the crypto community is down by over 66 percent against the leading cryptocurrency year-to-date. Ripple is so weak that it already posted seven consecutive red candles on the monthly chart.

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Стоит ли инвестировать только в Биткоин?

Автор книги The Bitcoin Standard и известный криптоаналитик Сайфиддин Аммос считает инвестирование в Биткоин «игрой с нулевой суммой». По его словам, все, кто не хочет вкладывать свои деньги в главную криптовалюту, проиграют.

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RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report

The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them.

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55,000 cryptocurrency users affected in Bitpoint’s $28 million hack

Embattled cryptocurrency exchange Bitpoint has revealed that roughly half of its 110,000 users were affected by last week’s $3. 02 billion yen ($28 million) hack, reports The Mainchi. Speaking at a Tokyo press conference, Bitpoint president Genki Oda noted that of the 3.

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Spend.com app partners with Paxos enabling easier crypto payments

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceSpend. com, a crypto payment ecosystem, today announced a partnership with Paxos, a regulated Trust company, which operates itBit, a bitcoin exchange with oversight from the New York Department of Financial Services (DFS).

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Stratis SRC-20 token issuance contract now deployable

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceStratis, the blockchain technology company and platform, today announced that the SRC-20 standard token issuance contract has been voted into the whitelist by the community operated masternodes and is now deployable on the Cirrus Sidechain.

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Grayscale Bitcoin Trust Continues Upward Performance Against Main Indexes In 2019

2019 has been a pretty great year for cryptocurrencies so far. As revealed by the Wall Street Journal recently, this meant that the Grayscale Investments’ Bitcoin Trust (GBTC) has outperformed most of the other indexes this year.

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Erik Voorhees’ new ShapeShift platform takes a jab at Coinbase by providing self-custody services

Erik Voorhees, CEO of ShapeShift, spoke about a new feature for its users with Naomi Brockwell, and how it should be a standard for cryptocurrency platforms in the present day. Voorhees, a Bitcoin enthusiast, founded ShapeShift back in 2014.

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Tether slowly migrating from the Bitcoin to Ethereum blockchain

Tether’s USDT is steadily migrating from Bitcoin Omni-based addresses to Ethereum-based ones, with 40 percent of USDT now using the ERC-20 standard.  Major cryptocurrency exchanges Binance and Poloniex announced they were both moving their Tether addresses from Omni.

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Setting the Stage for Bitcoin: Stock Market Hits Record Highs, All thanks to the Fed

“It took exactly nine months, but the Dow finally closed at a new all-time high,” said Ryan Detrick, Senior Market Strategist for LPL Financial. The Dow Jones Industrial Average closed up 179 points, surpassing its high from October 3rd.

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4 Awesome Bitcoin Casinos!

Cryptocurrencies are all the rage right now. After all, there are a lot of advantages to them in comparison to standard currency; anonymity, security, direct transactions, etc. It’s even possible that in the future, cryptocurrencies will be the standard rather than paper bills and metal coins.

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West Africa Gets Serious with New Banking Technologies

Nigeria, the most populous nation in Africa has announced plans to officially adopt an open banking standard powered by new technologies such as distributed ledger technology (DLT), to promote transparency in the financial services sector, according to a report by local news source the Guardian on July 1, 2019.

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Indian Police Busted Call Center Scam Who Stole $1.7 Million In Bitcoin From US Citizens

According to the Business Standard, a gang in India has been busted by the Police in Madhya Pradesh state. The scammers were stealing Bitcoin (BTC) from US citizens through a call centre. The reports show that the scammers were able to steal around $1.

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BREAKING: ICE’s Bakkt Will Start Testing Its Bitcoin Futures Platform on July 22

Coinspeaker BREAKING: ICE’s Bakkt Will Start Testing Its Bitcoin Futures Platform on July 22ICE's plans to set a new standard for institutional market quality for digital assets with the launch of its Bitcoin Futures platform on July 22, 2019.

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Indian Call Center Scam Milks $1.7 Million in Bitcoin From US Citizens

By CCN Markets: A gang in India’s Madhya Pradesh state which scammed U. S. citizens hundreds of thousands of dollars through Bitcoin and other methods has been busted and its members arrested. The gang which ran its operations out of a call center is estimated to have made around $1.

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Local Governments Work To Shape Bitcoin Mining's Impact On Climate

Officials in Missoula County, Montana, changed the way crypto mining operations need to implement clean energy initiatives, helping set a standard for how local governments can hold mining operations responsible for the energy they use.

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Bitcoin [BTC]: #DropGold campaign gets called out for being ‘Bitcoin cartel’

The Bitcoin [BTC] ecosystem has seen a resurgence of sorts recently, with multiple price fluctuations in the cryptocurrency field being spearheaded by the world’s largest cryptocurrency. Several movements and campaigns were launched to spread the message that Bitcoin is a thing of the future, along with its benefits over the standard ‘store of value,’ Gold.

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CME Bitcoin Futures Volume Reaches Record Highs During the Month of May 2019

CME currently makes use of a one hour period — between 3PM to 4PM every day— during which it calculates its CME CF Bitcoin Reference Rate (BRR). This metric standard is used by the derivatives exchange to calculate the monetary worth of its futures contracts.

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Standard Tokenization Protocol (STP) to Launch IEO on Bittrex

Standard Tokenization Protocol (STP), an open-source decentralized platform for the issuance of tokenized assets, has joined forces with Bittrex International, a Malta-based cryptocurrency exchange, in a bid to conduct its initial exchange offering (IEO) on the exchange, according to a press release on June 5, 2019.

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Bitcoin [BTC] is growing, but is not entirely free of ‘government interference’, claims Saifedean Ammous

Bitcoin [BTC] was very dominant in 2019 and the decentralized asset, which is free of any government oversight, retrieved positive market sentiment. According to Saifedean Ammous, Bitcoin is up by 18 million percent over the last 10 years, indicating its rapid growth over the period.

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Book Author Saifedean Ammous Says Bitcoin is Not Free From Government Interference

Saifedean Ammous, the author of ‘The Bitcoin Standard’ says that Bitcoin is not free from government interference as of now. Bitcoin has been promoted as the borderless peer-to-peer financial network free from the clutches of any authority.

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Автор The Bitcoin Standard: За 10 лет биткоин вырос на 18 000 000%, чего не смог добиться какой-либо актив или криптовалюта

В интервью немецкому финансовому журналу Boerse Online Сайдифан Аммус, автор книги The Bitcoin Standard, отметил, что «мы пока не можем точно сказать, угрожают ли биткоину правительства», когда его спросили о потенциальном влиянии регуляторов на использование криптовалюты, добавив, что из-за глобального характера биткоина какое-то отдельное правительство не сможет его полностью запретить. Аммоус упомянул несколько наиболее частых […]

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Saifedean Ammous: It’s ‘Not Certain’ That Bitcoin Is Government-Proof

Bitcoin is not free from the threat of government interference, ‘The Bitcoin Standard’ author Saifedean Ammous warned mainstream media this week. Ammous: BTC Up 18 Million Percent Speaking in an interview with German finance magazine Boerse Online, Ammous, who is well known as one of the biggest active Bitcoin bulls, said that despite being technically unstoppable, Bitcoin still faces its enemies.

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Hyperloop: A New Concept by Lightning Aiming to Solve Liquidity Problems

About two months ago, Lightning Labs released Lightning Loop, a service that allows users to fill or empty Lightning channels without closing them, thus reducing on-chain fees.

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Russia Central Bank Mulls Gold Standard for National Cryptocurrency

Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble.

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Kraken Proves Gold-Bug Peter Schiff Wrong, Pays Employees in Bitcoin

Peter Schiff claims that there is “no way that people are going to work for salaries paid in bitcoin”. But over a quarter of staff at Kraken do… and they aren’t the only ones.

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