Bitcoin Preferred Market Data shows There is a 9% BTC Opportunity To Reach $ 20K By 2020

Activities in the Bitcoin options market indicate BTC has a 9% possibility of hit to $ 20,000 at the end of 2020. The Bitcoin (BTC) preferred market, largely dominated by Deribit and CME, provides a 9% chance for BTC to rise to the highest level of all time. In view of Bitcoin’s tendency to see an upward trend of six to eight months after the break, traders in the preferred market have been cautious of the BTC short-term trend. The data shows that the BTC preferred market tends to rise…

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Winklevoss Biographer Writing New ‘Billions’ Episode, BTC-Heavy

Crypto fans are watching another episode of Billions highlight a plot concentrated on Bitcoin mining operations. The cryptocurrency world stands out in the latest episode of the Showtime Billions series, which airs Sunday. The story pivot around a crypto mining scheme in a prep school. In particular, this episode was written by Ben Mezrich, author of Bitcoin Billionaires. This book apprises the story of the Winklevoss twins. Mezrich on Twitter: “Billions this Sunday night … I’m not sayin’ there’s definitely gonna be some Bitcoin… I’m just saying I did happen…

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Application for Patent Visa Applies for Digital Currency

Visa has applied for a patent to create a digital currency – probably using Ethereum as a blockchain. Visa has applied to make a digital currency on blockchain with the U.S. Patent and Trademark Office. According to an application published on May 14, inventors Simon J. Hurry and Alexander Pierre with the International Association of Visa Services in San Francisco have applied for a patent for digital currency registered on the blockchain and operated by the entity’s computer center. It refers to Ethereum as a possible network. The app details…

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The Enterprise’s Blockchain Market Will Generate $ 21.07 Billion By 2025, Fortune Business Insights said

New research asserts that the enterprise blockchain market will grow to $ 21.07 billion by 2025. According to a GlobeNewswire report on May 12. A new research from Fortune Business Insights, a company providing market research and consulting services, approximates the blockchain technology market will reach $ 21 Billion by 2025: “The blockchain technology market size stood at USD 1.64 billion in 2017, and is projected to reach USD 21.07 billion by the end of 2025 […] exhibiting a CAGR of 38.4% during 2018-2025.” The reason behind the development The…

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The Bitcoin Network is at Top Condition Post-Halving

Despite worries about mining after halving, the health of the Bitcoin network remains good. According to Glassnode, the health of the Bitcoin network (BTC) is reaching its maximum level despite recently reducing miners’ rewards. BTC index in the chain The company recently established the BTC Chain Index (GNI) that records a number of key metrics in the chain and connetcs them into easy-to-digest charts and numbers. GNI has dropped from 76 points to 74 points since last week. However, one of the key metrics, ‘Network Health,’ which combines network growth…

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Bitcoin Wallets Have Risen Slightly Since The Second Half

The amount of Bitcoin addresses with less than 1 BTC has rising exceeding 100% since the last halving of July 2016. The number of Bitcoin addresses in the second halving has increased overall, but small wallets with less than 0.1 BTC have seen the biggest increase. According to data from Glassnode, total Bitcoin (BTC) addresses with a balance of less than 0.01 BTC – about $ 86 at the time of writing – came third by 235% compared to the second half in July 2016, up more than ten million.…

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CEO of SBI Holdings: Ripple Partners may assist in Pandemic Logistic Chain

SBI Holdings offer Ripple partners with multinationals to intensify transparency and efficiency over the supply chain. Yoshitaka Kitao, Chief Executive Officer (CEO) of Japan’s financial giant SBI Holdings, has suggested that Ripple partner with multinational companies as well as to financial institutions. His proposal was moderately affected by the controlling of the COVID-19 pandemic by Japan. According to SBI conference call on April 28, Kitao the member of the Ripple Council, spoke with reporters. The CEO said his lawyer would be at the next Ripple executive committee and query them…

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Paxful Begins Bitcoin Fundraising Campaign to Fight COVID-19 in Africa

Peer-to-peer crypto marketplace Paxul dilate its charity program to Africa in the middle of COVID-19 crisis. Peer-to-peer (P2P) cryptocurrency market Paxful mentioned that the dilations of the #BuiltWithBitcoin charitable capability in Africa with the beginning of “African Funds.” The fund will employ Bitcoin (BTC) donations to buy vital resources to combat the coronavirus outbreak. The COVID-19 case has soared up in Africa. And from the Fundraising is objectively to obtain Personal Protective Equipment (PPE), foods, groceries and washing stations. Paxful will start a fund of $ 15,000 and cover any…

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Vitalik said ETH 2.0 Distribution Will Be Almost 2 Million a Year

Ethereum token will be reduced with Ethereum 2.0. Co-founder of Ethereum Vitalik Buterin says that the publication of the Ethereum 2.0 upgrade will be mitigate in a podcast interview with POV Crypto “Internet Money”. Talk about the dissimilarity between Bitcoin (BTC) and Ethereum (ETH), Buterin interpret why the team chose Proof of Stake as an enhanced consensus mechanism: “One of the reasons why we’re doing Proof of Stake is because we want to greatly reduce the issuance. So in the specs for ETH 2.0 I think we have put out…

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