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Author: Bitcoinist

Bitcoin’s Meteoric Rise Results in Market Cap Bigger Than Nike, Bayer, Goldman Sachs

Bitcoin’s orbital trajectory hit a high of $5800 this week, giving the coin a market cap valuation close to $97 billion, listing the digital currency ahead of companies such as Goldman Sachs, Nike, and Bayer. Bitcoin’s rise continued apace yesterday, breaking through the $5,000 mark before going on to hit an all-time high of $5,800. The resulting weekly chart is pictured below showing the tallest weekly green candle growth in the coin’s history. The unprecedented

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Filmmakers Join Forces with Programmers, Turn to Blockchain to Combat Piracy and Content Accessibility Issues

An experienced team of film producers, distributors, blockchain experts, and software developers have teamed up and announced their latest project. Dubbed White Rabbit, the project aims to monetize P2P streaming to the benefit of fans and filmmakers alike. Let’s face it, piracy happens – and it happens on a massive scale. In a report published earlier this year by anti-piracy and data analytics group MUSO, they tracked over 190 BILLION visits to online piracy sites

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Dutch Man Gambles on Bitcoin by Selling Everything His Family Owns

A man from the Netherlands is betting that the value of Bitcoin will multiply in the upcoming years, and he has sold everything his family owns to make that bet. A lot of people are betting on Bitcoin becoming even more accepted and entrenched in the marketplace, even global financial institutions like Goldman Sachs. However, one man in the Netherlands is really going out on a limb on the perceived rosy future for Bitcoin. Didi

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Asset Management Platform Rilcoin Announces Upcoming ICO

The Rilcoin asset management platform announces their upcoming ICO, which will begin on October 15th. [Note: This is a press release.] Rilcoin declares that its Initial Coin Offering campaign will begin on October 15th. The company has set a goal to give a new definition to the crypto investment platform by building an industry that can broaden the applications of blockchain technology to the maximum extent. Rilcoin is a totally new platform for asset management

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Nordic Law Firm Begin Accepting Bitcoin Payments For Legal Services

Nordic Law, a Finland-based law firm today announced that they will begin accepting Bitcoin payments, citing client interest and adapting to new business environments as the reason for the move. Nordic Law, a Helsinki, Finland based law firm specializing in business and tax law, made the announcement today on both Twitter and their company website that they are now accepting Bitcoin as a method of payment for their legal services. #NordicLaw accepts now #bitcoin payments!

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Bitcoin Price to Hit $27K by February? Investor Trace Mayer Thinks So

Bitcoin entrepreneur and investor Trace Mayer believes Bitcoin will hit $27,395 by next February according to his own analysis using a 200 Day Moving Average. Let’s be clear – there is absolutely no shortage of Bitcoin price predictions floating around the internet. A quick Google search these days yields no shortage of financial experts utilizing fundamental analysis, technical analysis, and Bayesian regression techniques to produce forecasts as far-ranging as the methods they employ. And let’s not

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Bitcoin Price Rockets Past $5000 to New All-Time High

Bitcoin price soared past the $5,000 mark today, reaching a current all time high of $5,188 on the GDAX exchange.  Bitcoin’s price rocketed through the psychological $5,000 barrier, reaching an all time high, at the time of writing of $5,188. Relative strength technical indicators do show that the currency has been overbought now for three days, however, the price shows no sign of stopping. With recent speculation by investors of $10,000 bitcoin in six to

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Decentralized Cryptocurrency Exchanges Are the Next Big Thing

After many cryptocurrency exchanges have become targets of hacks, users are looking for a decentralized alternative in order to protect their assets. Eliminating Risks Over the past few months, the cryptocurrency market had an impressive growth rate, reaching a total market capitalization of $176 billion at its peak. Such rapid growth has not only garnered the attention of investors and speculators, however. With the increased interest in cryptocurrency trading, more and more criminals have focused on hacking

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Move Over YouTube – Here Comes Flixxo

Blockchain-based video content sharing platform Flixxo is set to turn online video streaming on its ear with a platform that rewards content producers and viewers alike. Their eagerly anticipated token sale launches on October 24, 2017. What is Flixxo? Flixxo is a community-driven video content sharing platform that combines blockchain technology with the Bittorent communications protocol to create a decentralized alternative to YouTube, Twitch, and other similar social sharing platforms. Innovative smart contracts plus the

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Vanuatu Citizenship Offered For Under 50 BTC

Vanuatu, an island nation in the South Pacific Ocean, has enacted a citizenship policy where anyone who pays  $20,000, or the equivalent in Bitcoin, can become a citizen of the country. The announcement marks the first time that a country’s citizenship can be bought with Bitcoin, setting an exciting precedent for the still relatively nascent currency. The move comes as people increasingly adopt a more globalized outlook with a rise in people seeking as many as

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Blockchain Assets Startup Bonpay Announces Pre-ICO

The cryptocurrency market has grown exponentially in recent times with over $150 billion USD in market capitalization and increasing mainstream endorsements. Despite these improvements, real-world usage of these cryptoassets has been rife with challenges due to the absence of a universal payment solution that supports their uses. Until now. [Note: This is a press release.] Bonpay is a fully fledged Blockchain solution for real-world cryptoassets usage. Bonpay is making it easier for the community to

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Novogratz Predicts $10,000 Bitcoin Coming Soon As Bitcoins Price Rallies

In A CNBC Fast Money interview, Michael Novogratz of Galaxy Investment Partners predicted that Bitcoin’s price is likely to be over $10,000 in six to 10 months. Just how high could #bitcoin go? Hedge fund legend @novogratz says $BTC will soar to over $10K in the next 6 to 10 months pic.twitter.com/b3ZKS1hXau — CNBC's Fast Money (@CNBCFastMoney) October 10, 2017 Former Fortress Investment Group manager Michael Novogratz agrees that Bitcoin shows signs of being in a

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