Bitnews NZ
Why the Crypto Industry Needs to Forget Price Predictions

Why the Crypto Industry Needs to Forget Price Predictions

Sep 8, 2019 | Markets

“We are tired of people asking us about target prices.” This was Tom Lee towards the end of 2018, the co-founder of Fundstrat Global Advisors and one of the most prominent cryptocurrency price analysts. He famously predicted Bitcoin would end 2018 at $25,000. Despite...
VideoCoin: Coming for a $30 Billion Dollar Industry

VideoCoin: Coming for a $30 Billion Dollar Industry

Aug 31, 2019 | Blockchain

VideoCoin debuted its blockchain-powered video infrastructure platform dubbed the VideoCoin Network this week, along with the listing of the native VID token on KuCoin and Beaxy cryptocurrency exchanges. This launch enables VideoCoin users to live stream video...
China’s Digital Currency Wants to Compete With Bitcoin

China’s Digital Currency Wants to Compete With Bitcoin

Aug 17, 2019 | Cryptocurrency

The Takeaway: A review of over 50 patent applications submitted by the People’s Bank of China shows the design of its central bank digital currency will only resemble a cryptocurrency in limited ways. A senior official at the central bank said the effort will be...
CoinCentral Joins First Blockchain VR Network

CoinCentral Joins First Blockchain VR Network

Aug 11, 2019 | Technology

Blockchain VR Coincentral is excited to announce a partnership with the  Blockchain Virtual Reality (VR) Network (BVRN), created by Live Planet, Inc. Live Planet is a pioneer of advanced media technology infrastructure, and it just announced the forthcoming launch of...
Chinese Court Says BTC is Legal Property, Hurdles Still Exist

Chinese Court Says BTC is Legal Property, Hurdles Still Exist

Aug 10, 2019 | Bitcoin

Hangzhou Internet Court Bitcoin has been declared legal property in China after a court ruling by the Hangzhou Internet Court. The declaration was made following an injunction on a legal dispute between crypto exchange FXBTC and a client who lost funds when the...
India, US Governments Skeptical About Facebook’s Libra

India, US Governments Skeptical About Facebook’s Libra

Aug 4, 2019 | Cryptocurrency

The Facebook Libra cryptocurrency project is facing pushback from Indian lawmakers. According to Economic Affairs Secretary Subhash Garg, the firm’s digital currency is privately-controlled and this fact alone makes the government particularly distrustful and unlikely...
Iran Approves Crypto Mining Framework Amid U.S. Sanctions

Iran Approves Crypto Mining Framework Amid U.S. Sanctions

Aug 3, 2019 | Mining

The Iran economic commission has approved a cryptocurrency mining regulatory mechanism. This is according to an announcement made by the nation’s Chamber of Commerce. The long-awaited framework is set to be tabled in parliament for formal consent and ratification as a...
The Coinbase Effect: Does it Still Exist?

The Coinbase Effect: Does it Still Exist?

Aug 3, 2019 | Exchanges

Chainlink’s 83.6% Gain Says Maybe Back in my day, I remember when you could only buy three things on Coinbase. Those early to the cryptocurrency investment game will remember that the world’s most basic user-friendly exchange, Coinbase, only had a handful of...

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