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Fundstrat Global, a favorite research firm in the cryptosphere with Wall Street-street cred, is once again providing eye-popping bitcoin (BTC) predictions. This time analysis depends largely on what’s known as the mining economy. Hash power and hardware advancement all combine to show a possible $36,000 BTC price by the end of next year, they claim. Also read: JP Morgan Chase Eats Humble Pie, Applies for Blockchain Patent Fundstrat Continues Moon Price Predictions Fundstrat’s head of data research, Sam Doctor, explained, “The release of the next generation of rig hardware should…

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Move over eBay, there’s a new marketplace in town! Ubcoin Market upends the traditional peer-to-peer marketplace model by not only giving users a place to buy and sell items, but to enable them to become crypto investors in the process. Bitcoinist sat down with founder Felix Khachatryan to learn more about Ubcoin Market and find out what the future holds for this innovative platform. Bitcoinist: Ubcoin aims to provide a marketplace where anyone can safely and instantly sell or buy real goods in exchange for cryptocurrency. What is the biggest…

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The future of Nasdaq is almost certainly set to include Bitcoin and other cryptocurrencies, thanks to CEO Adena Friedman’s bullishness towards blockchain technology. Bullish on Blockchain Nasdaq CEO Adena Friedman is majorly into the blockchain —Bitcoin’s underlying technology — believing that the revolutionary technology will reshape our economy. She told CNN’s Poppy Harlow on Boss Files: We see technology as a relentless change agent and our job is to embrace that change, to bring it to the industry, and make it so that our industry continues to be a very successful industry…

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Last month we re-opened our Bitcoin.com Store after some construction and a bit of hiatus. After a month of operation we’ve added even more to the store with hardware wallets, new t-shirts, Cryptomatic watches, and now we’re even selling Amazon gift cards. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and Research Crypto-Infused Products for Both Veterans and Noobs If you are tired of hodling your cryptocurrencies and want to spend bitcoin cash on some cool swag, then the Bitcoin.com Store is the place for you. Over the past few…

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Wired magazine had its own version of Bitcoin Pizza Day on May 10th as social media users commemorated a 2013 article in which journalists destroyed their private keys. Wired’s Pump And Dump The fateful day for the publication came about in May 2013 after an experiment with mining Bitcoin on a desktop computer. While considering what to do with the funds they had collected from the process, the journalists concluded that “the world’s most popular digital currency really is nothing more than an abstraction.” “So we’re destroying the private key…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The pioneering Ethereum-based e-commerce solution is looking for Sellers and Ambassadors to kickstart its new platform. BitBoost will launch its decentralised marketplace in June. The project, which is built using Ethereum’s smart contracts, will enable buyers and sellers to connect directly – facilitating free and…

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Trading app Robinhood which started offering bitcoin and ether trading in February has attained a valuation of $5.6 billion after raising $363 million, the company has confirmed. The app is now available in 10 U.S. states. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $5.6 Billion Valuation Robinhood started out about three years ago as a simple stock trading smartphone app with no transaction fees. The company is now valued at $5.6 billion following a new financing round announced on Thursday. Robinhood confirmed that it has raised “$363 million…

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Chamath Palihapitiya, a technology VC, has called out Warren Buffett on his negative comments about Bitcoin. In a recent interview, the former Facebook executive said Buffett is not an expert on technology. He also reiterated the notion that Bitcoin is digital gold. Buffett Knows Little About Technology Speaking during the interview, Palihapitiya said Buffett, the 82-year Berkshire Hathaway CEO, isn’t entirely tech-savvy. According to Palihapitiya, knowledge of technology isn’t exactly in Buffett’s “circle of competence,” saying: Not everybody is right all the time. Indeed, Warren Buffett hasn’t always been right.…

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The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated computers and accounting records. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Upbit Under Investigation South Korea’s largest cryptocurrency exchange, the Kakao-backed Upbit is suspected of fraud, according to local media. While maintaining that customers’ assets are still kept securely, the exchange posted the following statement on its website: Upbit is currently under investigation by the prosecution, and we are working diligently.…

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In today’s Bitcoin in Brief we are covering a number of stories related to China. According to statements by Chinese officials, the People’s Republic is developing a national standard for blockchain technologies, which should be introduced next year. Also, the Zcash Foundation is taking steps to protect the network of the privacy coin from ASIC-based mining. Chinese giant Bitmain has recently launched its Antminer Z9 Mini designed to process transactions for cryptos like Zcash, which use the Equihash algorithm. Also read: Bitcoin in Brief Thursday: Bitcoin Supporter Might Be Next…

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