BitcoinNews: #1 In Blockchain News

[BitcoinMoschiach]

Hello cryptocurrency enthusiasts, traders, investors, innovators, miners, and advocates! I will be posting BitcoinNews articles and videos in this thread, from https://bitcoinnews.com/ . We cover the full spectrum of Bitcoin, blockchain, and cryptocurrency news with about 10 new stories being published per day. I hope you find the videos educational, and I will always be checking in to answer any questions, comments, or critiques.
 
To start, here is a video about hyperbitcoinization, an optimistic way to start this thread 

Hyperbitcoinization: The End Of Fiat Currency, $100M Bitcoin?

Hyperbitcoinization is defined Bitcoin commentator ObiWan Kenobit as “a theoretical state wherein Bitcoin displaces legacy currencies and becomes the dominant if not only method to exchange value”. Hyperbitcoinization was first discussed by Nakamoto Institute founder Daniel Kraswisz in 2014, and ObiWan Kenobit thinks it could lead to Bitcoin prices as high as USD 100 million per coin.

Read the full article at https://bitcoinnews.com/hyperbitcoinization-the-end-of-fiat-currency-100m-bitcoin/

Video: https://www.youtube.com/embed/6SlPtBB-eAw

[BitcoinMoschiach]

Bitcoin Trading with Yuan Declines to Below 1% of Global Volume

The People?s Bank of China (PBoC) has announced that Bitcoin trading with the Chinese Yuan (CNY) has fallen to less than 1% of Bitcoin?s total global fiat volume. This is a drastic change from when CNY to Bitcoin trading comprised over 90% of global fiat trading volume at peak levels. This data suggests that the cryptocurrency trading ban has been effective.

Read the full article at https://bitcoinnews.com/bitcoin-trading-with-yuan-declines-to-below-1-of-global-volume/

Video: https://www.youtube.com/watch?v=tbIUPA-XTXU

[BitcoinMoschiach]

Blockchain Technology Strengthens the Scientific Method

Blockchain technology has the potential to strengthen the scientific method by providing an immutable and transparent ledger system that scientists can use to store experimental data and share it with each other. This will make the scientific method more robust and efficient, accelerating the advancement of science and our collective knowledge of the universe.

Read the full article at: https://bitcoinnews.com/blockchain-technology-strengthens-the-scientific-method/

Video: https://www.youtube.com/watch?v=ws115cX7DfY

[BitcoinMoschiach]

Czech Investor Puts $100M Into Israeli Blockchain Startups

Czech investment banking firm Benson Oak has launched Benson Oak Ventures and will be investing in Israeli blockchain startups. So far, it has raised USD 25 million but is expected to raise and invest USD 100 million.

Read the full article at https://bitcoinnews.com/czech-investor-puts-100m-into-israeli-blockchain-startups/

Video: https://www.youtube.com/watch?v=WAP0ItqMjhI

[mmo_online_1981]

Czech Investor Puts $100M Into Israeli Blockchain Startups

Czech investment banking firm Benson Oak has launched Benson Oak Ventures and will be investing in Israeli blockchain startups. So far, it has raised USD 25 million but is expected to raise and invest USD 100 million.

Read the full article at https://bitcoinnews.com/czech-investor-puts-100m-into-israeli-blockchain-startups/

Video: https://www.youtube.com/watch?v=WAP0ItqMjhI

A lot of good news, but the prices of BTC and altcoin are still down, need to attract more investors to the digital money market.

[BitcoinMoschiach]

Happy you all find our articles interesting! I'll keep them coming in here as much as possible 

PoWx Developing Optical Proof of Work to Decentralize Bitcoin Mining

PoWx is developing Optical Proof of Work (OPoW) technology, in order to decentralize cryptocurrency mining by making energy costs negligible and changing how Bitcoin mining equipment is manufactured. OPoW will use Application Specific Photonic Integrated Circuits (ASPICs), which will open the door for competition between mining equipment manufacturers since ASPICs are less developed than ASICs. (unlike the current situation where Bitmain is dominating the Bitcoin mining industry).

Read the full article at: https://bitcoinnews.com/powx-developing-optical-proof-of-work-to-decentralize-bitcoin-mining/

Video: https://www.youtube.com/watch?v=hwImmEqilE0

[BitcoinMoschiach]

ADVFN CEO Says Bitcoin’s Price Will Decline to $2K Before Rising to $100K

The CEO of ADVFN, Clem Chambers, foresees Bitcoin declining to USD 2,000 before eventually rising to USD 100,000.
Chambers says, “The blockchain will be the way of the future which will be like the internet was to the generation before. Bitcoin will probably be part of that future in the long term. Will Bitcoin go back over from its previous high? It will probably hit USD 2,000 before it hits USD 20,000. But will it hit USD 20,000? I think so. Will it hit USD 100,000? I think that’s quite likely.”

Read the full article at https://bitcoinnews.com/advfn-ceo-says-bitcoins-price-will-decline-to-2k-before-rising-to-100k/

Video: https://www.youtube.com/watch?v=WbOQq4F7gJU

[BitcoinMoschiach]

Huobi Launching HBUS Crypto Exchange In United States

Huobi has announced that they are launching a cryptocurrency exchange in the United States named HBUS via a strategic partnership. Registration is already open and deposits of Bitcoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash, Tether, DASH, Civic, and TrueUSD are already being accepted. Trading will go live on 10 July 2018.

Read the full article at: https://bitcoinnews.com/huobi-launching-hbus-crypto-exchange-in-united-states/

Video: https://www.youtube.com/watch?v=kse8e3XT1Zc&t=15s

[BitcoinMoschiach]

SolarisBank Offers Banking for German Crypto Companies

SolarisBank, which has a German banking license and is regulated by BaFin, is offering banking solutions to cryptocurrency and [Suspicious link removed]panies via its newly created Blockchain Factory. It is usually very difficult for crypto companies to obtain a steady bank account anywhere in the world, so SolarisBank’s Blockchain Factory has the potential to provide relief and stability for German crypto firms.

Read the full article: https://bitcoinnews.com/solarisbank-offers-banking-for-german-crypto-companies/

Video: https://www.youtube.com/watch?v=GpewUdnsZto

[BitcoinMoschiach]

Chinese Hodlers Now Estimated to Have Reached 3 Million Despite Ban

Speaking at “New Financial Trends and 2018 Financial Technology Summit” in Beijing, researcher Li Honghan estimated that are now over 3 million investors in China holding on to cryptocurrency assets, reports Bitcoin.com.

Read the full article at https://bitcoinnews.com/chinese-hodlers-now-estimated-to-have-reached-3-million-despite-ban/

Video https://www.youtube.com/watch?v=-eR2uIl5G_Y&t=6s

[BitcoinMoschiach]

FedEx, Good Shepherd Pharmacy to Use Blockchain for Cancer Meds Distribution

The FedEx Institute of Technology, which was created by the University of Memphis in February 2018, has partnered with Good Shepherd Pharmacy to create a blockchain-based platform called REMEDI which will help distribute cancer medicine to patients.The FedEx Institute of Technology, which was created by the University of Memphis in February 2018, has partnered with Good Shepherd Pharmacy to create a blockchain-based platform called REMEDI which will help distribute cancer medicine to patients.

Read the full article at https://www.youtube.com/watch?v=-eR2uIl5G_Y

Video https://www.youtube.com/watch?v=VxQPUUyx4yw&t=6s

[BitcoinMoschiach]

Bitcoin Pioneer Nick Spanos Says Bitcoin Will Recover, Governments Will Fail

The CEO and co-founder of Zap.org, Nick Spanos, has claimed that Bitcoin will recover despite its current bearish movements, but governments won’t have an easy ride.

Read the full article at https://bitcoinnews.com/bitcoin-pioneer-nick-spanos-says-bitcoin-will-recover-governments-will-fail/

Video https://m.youtube.com/watch?v=39e-svEBEbc

[BitcoinMoschiach]

Tens of Millions View Blockchain Advertising During World Cup

Anybody watching the World Cup on UK’s commercial TV over the past weeks could not have missed the Hyundai Digital Asset Company’s (HDAC) [Suspicious link removed]mercial, between and during matches.

Read the full article at https://bitcoinnews.com/tens-of-millions-view-blockchain-advertising-during-world-cup/

Video https://m.youtube.com/watch?v=MqHqtj-p_v4

[BitcoinMoschiach]

Bulgaria’s Bitcoin Stash Size Second Only to Satoshi Nakamoto’s

In May 2017, Bulgarian law enforcement seized BTC 213,519 during a crackdown on an organized crime ring that was circumventing taxes. These Bitcoins are worth USD 1.4 billion as of this writing on 10 July 2018. If the Bulgarian government is still holding onto these Bitcoins then it has the second largest stash of Bitcoins in the world, only surpassed by Bitcoin’s founder Satoshi Nakamoto.

Read the full article at https://bitcoinnews.com/bulgarias-bitcoin-stash-size-second-only-to-satoshi-nakamotos/

Video https://m.youtube.com/watch?v=4x7q21Kn2cM

[BitcoinMoschiach]

Stephen James BMW in UK Now Accepting Bitcoin

Stephen James BMW, which operates five BMW dealerships in London and Kent in the United Kingdom, is now selling cars for Bitcoin via BitPay. This is another example of how Bitcoin can be used as a medium of exchange, even for large purchases like luxury cars.

Read the full article at https://bitcoinnews.com/stephen-james-bmw-in-uk-now-accepting-bitcoin/

Video https://m.youtube.com/watch?v=bKE0iqT8qFc

[BitcoinMoschiach]

Crypto More Than Ready to Become Mainstream: Imperial College London

Cryptocurrencies like Bitcoin offer a viable alternative to money and could become mainstream within the next decade, according to recent Imperial College and eToro reports.

Read the full article at https://bitcoinnews.com/crypto-more-than-ready-to-become-mainstream-imperial-college-london/

Video https://m.youtube.com/watch?v=EpLz8EM5bas

[BitcoinMoschiach]

Binance Expects Profits Up To USD 1 Billion In 2018

Binance CEO Changpeng Zhao told Bloomberg that Binance has earned USD 300 million so far in 2018, and expects total profits of anywhere between USD 500 million and USD 1 billion by the end of this year. Additionally, he stated that Binance now has 10 million registered users, a statement which also implies that cryptocurrency trading continues to be extremely active and lucrative despite Bitcoin’s steep price decline during 2018.

Read the full article at https://bitcoinnews.com/binance-expects-profits-up-to-usd-1-billion-in-2018/

Video https://m.youtube.com/watch?v=vmFJsVQDB-k

[BitcoinMoschiach]

Cryptocurrencies Are Helping Venezuela’s Poor as Conditions Worsen

A Venezuelan, using the alias “Hector” to protect his identity, has spoken out against the Madura regime illustrating how the country’s poor is increasingly relying on cryptocurrency for survival, writes Bitcoin magazine.

Read the full article at https://bitcoinnews.com/cryptocurrencies-are-helping-venezuelas-poor-as-conditions-worsen/

Video https://m.youtube.com/watch?v=x3hbApNeehM

[BitcoinMoschiach]

Indian Political Parties Bicker over $13.5B Bitcoin Laundering

The Indian National Congress (INC) party is accusing the ruling Bharatiya Janta party (BJP) of laundering between INR 50 billion (USD 727 million) and INR 880 billion (USD 12.79 billion) in the state of Gujarat via Bitcoin. INC spokesperson Shaktisinh Gohil is demanding a Supreme Court investigation into this money laundering conspiracy.

Read the full article at https://bitcoinnews.com/indian-political-parties-bicker-over-13-5b-bitcoin-laundering/

Video https://m.youtube.com/watch?v=pSOpU-L69Vc

[BitcoinMoschiach]

Millions of Bitcoins May Be Lost Forever

Jameson Lopp, a former Engineer for BitGo and the current Engineer for CasaHODL, claims that over BTC 4 million have been lost and over BTC 2 million have been stolen. This suggests that there are much fewer Bitcoins in circulation than the total supply of BTC 17.13 million that have been mined since the genesis block.

Read the full article at https://bitcoinnews.com/millions-of-bitcoins-may-be-lost-forever/

Video https://m.youtube.com/watch?v=Cp3dCWYR9Bc