Ethereum could rise fourfold to $2,500 and have a record-setting year this year, a financial consulting firm has predicted.
In today’s climate of ICOs with 100 billion token supplies, it can be easy to forget that the total supply of Bitcoin is incredibly low – 21 million.
A “Bitcoin store” has opened doors in Croatia. It sells bitcoin and other cryptocurrencies, and even issues receipts. The shop is a welcome addition to the steadily growing crypto sector in the Balkan country. The team behind the project plans to expand to all major Croatian cities and even other countries in the region.
From pump and dump groups to insiders trading on esoteric knowledge, market manipulation is rampant within the cryptocurrency space. While some of it is illegal, most of the activity is either legal or quasi-legal, falling into the sea of grey that separates lawful land from unlawful territory. Everyone knows that market manipulation is endemic. The question is, does anyone care?
Earlier this year, the Rungsted Seier Capital ice rink in Denmark was rebranded to Bitcoin Arena by co-owner Lars Seier Christensen and billionaire sponsor Niklas Nikolajsen.
In December 2017, Pococoins reported that Litecoin founder Charlie Lee had sold or donated his entire Litecoin holdings, in an effort to prove that his continued involvement in the project was no longer motivated by personal financial gain. Now, he’s not so sure that was the right decision.
One of the main critiques about Bitcoin is the digital currency’s troubles offering timely and cost-effective payments. Charlie Lee, the founder of Litecoin, foresaw Bitcoin’s future payment issues, and took action by designing a more payments-friendly blockchain.