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The sentiment of Bitcoin heading to the moon isn’t going anywhere soon and each and every passing day more crypto experts are coming out to reinforce the belief. The latest statement has been made by experts who are known for their bullish bitcoin predictions. They say Bitcoin will hit $36,000 by end of 2019.
These claims have been made by Fundstrat Global Advisors who are well known for their positive predictions when it comes to Bitcoin and other cryptocurrencies. It’s the second forecast in a week after they predicted the price of Bitcoin was set to peak during the upcoming consensus meeting.
Sam Doctor of Fund start wrote in a report addressing investors on Thursday noting that the value of Bitcoin could be anywhere between the range of $20,000 to $64,000. If this is to be believed, then the top crypto coin has a long way to go given that it’s currently trading at $9,153.
Sam’s prediction is based on the fact that improving cryptocurrency mining economics are in support of price appreciation.
Fundstart says:
“Bitcoin miners verify and process transactions, supporting the network in exchange for mining rewards and transaction fees, We argue that the Price/Miner’s Breakeven Cost multiple has proven a reliable long-term support level, and further, that the likely trajectory of future mining infrastructure growth should underpin Bitcoin price appreciation into year-end 2019.”
The latest call from Fund start comes just three days after Bitcoin bull Tom Lee predicted the price of BTC was set to rally following the upcoming consensus conference that will be held in Manhattan and it’s expected to bring together more than 7,000 industry experts together.
Even though their predictions have varied over time, they have maintained the top crypto coin is set to hit $125,000 by the year 2022.
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Image Source - cointelegraph
Reddit has reportedly removed the option for users to pay for their premium membership program, Reddit Gold, in Bitcoin (BTC) citing an “upcoming Coinbase change”, according to a Reddit post in subreddit /r/btc published March 23.

Reddit user BitcoinXio posted a video of the steps to give another user Reddit Gold, showing that the only payment options are PayPal and credit card.

Reddit user emoney40, a moderator of several subreddits but not /r/btc, commented that the change is due to the Coinbase Commerce change:

“The upcoming Coinbase change, combined with some bugs around the Bitcoin payment option that were affecting purchases for certain users, led us to remove Bitcoin as a payment option.”

Coinbase posted on its Medium page in early March 2018 about retiring Coinbase Merchant Tools in place of Coinbase Commerce, which they acknowledged “may be disruptive to Coinbase Merchant Tool customers.” As of April 30, merchants that used Coinbase Merchant Tools will no longer have access to that product, with May 31 as the final date for the required switch to Coinbase Commerce.

User emoney40 also said that adding BTC back as a payment option is not a guarantee:

“We're going to take a look at demand and watch the progression of Coinbase Commerce before making a decision on whether to re-enable.”

Some Reddit users on the thread commented that they were not using BTC to pay for Reddit Gold anyway, due to the high transaction fees. However, in February BTC transaction fees dipped below the price of Bitcoin Cash (BCH) fees, which had been one of the main talking points of BTC’s competitors.
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Fundstrat’s Tom Lee has forecasted that Bitcoin’s price will reach $91,000 by March 2020, basing his prediction on a chart that shows Bitcoin’s (BTC) performances after past market dips, Forbes reported March 17.

Lee and Fundstrat used an average of the percentage gained in price after each dip to arrive at the 2020 figure.

The Forbes piece notes that because the chart is based on a logarithmic scale as opposed to the traditional linear-based graph, BTC’s highs and lows are not as distinct.

Lee has been predicting high prices for BTC since its price was below $3,000. In July 2017 Lee had already stated that Bitcoin would hit $55,000 by 2022. More recently, in January of this year, Lee said that BTC would hit $25,000 by the end of 2018.

Lee and Fundstrat also recently released the “Bitcoin Misery Index” in early March, which is described as a “contrarian index’ that lets investors know how “miserable” BTC holders are at the current price.
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have shut down key computer systems in the US city of Atlanta, Georgia and are demanding $51,000 in Bitcoin to reenable the affected systems, Fortune reports today, March 23.

Atlanta’s Mayor Keisha Lance Bottoms announced the attack in a press conference on Thursday, March 22. She told members of the press that officials “don’t know the extent [of the attack] or if anyone’s personal data or bank accounts will be compromised. All of us are subject to this attack.”
The attack was first discovered at 5 a.m. on March 22. The City of Atlanta noted that the “outages” were affecting systems some customers use to pay bills and access court-related information.
City officials are reportedly working with the FBI, the US Department of Homeland Security, and Microsoft to ascertain the extent of the breach and how to resolve it. On March 23, city officials encouraged citizens to monitor their personal information and accounts if they believe their personal information could be compromised in the hack.
As of press time, the situation is yet to be resolved. Bitcoin is currently trading at an average of $8,500, which means the demanded ransom would cost the city approximately 6 bitcoins.
This is not the first instance of hackers holding municipal computer systems hostage in exchange for cryptocurrency. In November 2017, a hacker attacked the Sacramento Regional Transit system for a ransom of 1 bitcoin, which at the time of the attack was worth about $8,000.
In a more malicious example of ransom for Bitcoin, a parcel bomber in Germany demanded a €10 mln ransom to be paid in Bitcoin in a message sent to a Potsdam Christmas market in December 2017. The package, which failed to detonate, contained a QR code for depositing bitcoins, in addition to explosive materials derived from fireworks and nails.
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Source - Google

According to Jack Dorsey, a leading entrepreneur in Silicon Valley, Bitcoin will replace the dollar with regards to importance as it becomes the single global currency of the internet in ten years. This follows a move by drooling executives who have invested heavily in bitcoin and other cryptocurrency businesses.

In spite of the recent concerns regarding the price of bitcoin, and its transaction challenges, Mr. Dorsey, the chief executive officer of Twitter and the payments company Square, is convinced that bitcoin will find a solution for these challenges and will be used in purchasing all items.
Bitcoin is the world’s most famous crypto and is best known for its blockchain technology. The coin only exists as strings of computer code in an absolute, distributed digital ledger. Started in 2009, the coin’s price skyrocketed to $20,000, turning some investors into instant billionaires. Consequently, other cryptocurrencies began emerging.
Most investors and evangelists have agreed that ingenious technology brought about by digital currencies may have far-reaching consequences on cybersecurity, which is currently one of the biggest challenges facing the global financial system. As such, achieving a cheaper, more secure payment system mechanism has supplanted Bitcoin’s ambition of replacing dollars.
Speaking of The Times, Mr. Dorsey added that, “the world will ultimately use a single currency, including the internet”. He believes that it will be Bitcoin. As the cryptocurrency become more widely used in payments, it is up to payment processing firms such as square, to ensure that it is accepted in equal measure.
However, it is inevitable for central banks to create their digital currencies and use regulations to tilt the odds to their advantage because if Bitcoin will replace the dollar, this means they would go out of business. The long known history of currency informs us that what private sectors innovate, the governments appropriate and regulates. As such, there is no reason to expect a different fate for virtual currencies. But based on the benefits of Bitcoin and its blockchain technology, such regulations may work to its advantage.
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Bitcoin set to hit $29,533 by the end of the year according to a new survey though the value has plummeted from last week’s gains by about $2000 to about $8,820 as of writing time. The new survey first covered by also shows that this recent dip is the best time to buy Bitcoin.

The largest cryptocurrency has dropped in value by over 19% in the last 7 days according to coin market cap. This drop leaves the coin trading at $8,820 as of press time with a 1.42% increase in the past 24 hours
The current downward trend in the price of cryptocurrency exemplifies a volatile market nature, something which most people experienced with Bitcoin are used to and many believe the price will bounce back as it has always done.
According to a survey reported by  analyzing the price trend of the top 12 digital currencies, the forecast shows that the prices of Bitcoin are set to hit $29,533 by December 2018. If the survey is correct, that means we can expect to see a price increase of about 194% by the end of the year. Ethereum was also another coin analyzed and with prices also expected to rise in this same period.
Currently, the global market capitalization has reached a monthly low of $352 billion, thus 47% decrease from its recent rise of $518 billion witnessed on February 18th according to data from Nonetheless, the survey indicated that cryptocurrencies are incredibly volatile, and the fluctuation in prices is not something new meaning investors should expect to see similar movements throughout the year.
Therefore, if the survey proves right, now could be the best time to purchase Bitcoin given its current low price while waiting for the dramatic increase in price during the remaining part of the year.
However, we also advise our readers to do their own research before investing in any cryptocurrency.
Do you think the price of Bitcoin will rise as the survey suggests? And if so, how will other cryptocurrencies benefit from this movement?
Let us know what your thoughts in the comment section below.
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Monero (XMR) is back as a top 10 coin ahead of the March 14 hard fork.

Monero (XMR) will be the star for no less than seven days more, as it is gotten by a pre-fork fever. On Monday, XMR proceeded with its solid execution in a generally stale market. XMR has added over 31% to its cost in seven days, achieving $367.22. The XMR cost has likewise recaptured its crest against Bitcoin and has been one of the uncommon coins to survive the move of BTC costs without getting exchanged into obscurity.

In the past month, XMR has been among the best-performing coins, growing more than 100% from the recent lows. But the recent uptick in prices, with a premium on Korean markets, may cause volatility. Forked coins in themselves may not be so interesting - but the hype and exceptional enthusiasm create just the right type of momentum and trading volumes for quick profits.

It is conceivable that XMR slides after the fork is finished. Now, the Monero people group is somewhat bound together, and there is no genuine requirement for an antagonistic fork to enhance the advanced resource. MoneroV might be only a system to accomplish quick pick up, in the way of Bitcoin forks. However, even without anyone else, the XMR showcase cost has held up all around ok, so while the post-fork offering may hurt the cost, for the time being, Monero remains a built up name in the crypto group.

What to Know About MoneroV

The MoneroV hard fork uses the same hashing algorithm as Monero. There have been warnings to avoid claiming the coins, due to the more lax privacy features of MoneroV. The exact dangers of exposing Monero addresses at this point are unknown.

The MoneroV hard fork has also seen copycat airdrops, which may be a scam. The MoneroV asset is not an Ethereum-based token, so users are advised to avoid those offers.

Curiously, the MoneroV Telegram channel is mostly silent, despite having upward of 2,000 members. As for the MoneroV hard fork support, Riccardo Spagni, former idea leader of Monero, has been skeptical and has warned against going for the split coins. In this, Spagni copies the move of Litecoin's creator, Charlie Lee, who also spoke against the recent Litecoin Cash hard fork.

The top exchanges that are used for trading Monero are BithumbBitfinex, and Binance. Market capacity is $5.8 billion which puts Monero at the ninth position among the top 10. Trading of amount $218 million has been completed in the last 24 hours.
More on Monero can be found here:
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The printing of new USDT for the Bitcoin network stopped a month ago, but the weight of the existing assets affects the market with their weight.

Tethers (USDT) Becoming Obligatory to Bitcoin Trading (source -Google)

The printing of new USDT in view of the Bitcoin organize has ceased about a month prior, with an unexpected consuming of 30 million tokens. Be that as it may, in March, Bitcoin exchanging continues getting influenced by USDT coins, which are spreading around trades and making up to 30% of every day exchanging volumes on the crypto showcase.

The exchanging volumes of Bitcoin have dwindled to about $6 billion out of 24 hours. And keeping in mind that amid top circumstances volumes came to $20 billion of every 24 hours because of US and Japanese exchanging, of late the blending with USDT is a standout amongst the most persuasive wellsprings of volume and value setting.

The most recent outlines on Bitcoin's exchanging uncover that the heaviness of dollar-based exchanges has been counterbalanced by the expanding impact of Bitfinex, and now USDT volumes look arranged to surpass the USD/BTC matching. USDT exchanging volumes have expanded consistently, and now not just have significant weight regarding Bitcoin exchanging yet might influence different coins.

The volumes on OKEx and Binance also rising, although Bitfinex still keeps its leading position. USDT trading is now more active than pairings with Ethereum, taking up more than 13% of total daily volumes.

Tethers and Litecoin 

Since Litecoin has numerous similitudes to the Bitcoin organize, the Tether organization has declared it is trying the abilities to utilize the Omni layer over the Litecoin blockchain. The task was declared in the late spring of 2017, however so far the real tokens have not shown up. However, issuing yet another type of Tethers is no less than a hypothetical plausibility.

At this moment, Litecoin is among the more well-known coins combined with the traditional USDT. Different coins influenced incorporate DASH, EOS, NEO, and OmiseGo (OMG).

Tokens Affecting Ethereum Directly

Ethereum is one of the assets that is traded against USDT on many exchanges. But now, the coin may get a further boost from specially created USDT tokens based on the Ethereum network. For a month now, Ethfines has opened to deposits in USDT and EURT from Ethereum wallets.

In the past month, about 60 million tokens were created. And in the last few days and hours, some of those tokens were moved to either Bitfinex or Ethfinex wallets. The movement of ERC-20 USDT is harder to trace, and there are numerous addresses affected. Moving those tokens between exchanges would be extremely easy.

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Some 600 bitcoin mining computers have been stolen in Iceland, in what is being described as one of the biggest thefts ever in the small island nation.

A total of 11 people have been arrested so far after four burglaries in the Reykjanes peninsula. The computers are yet to be found and are believed to be worth almost £1.5m.

Icelandic media have dubbed the crime the “big bitcoin heist” and the thieves could potentially make more money if they use the computers to mine the cryptocurrency and then sell it. "This is a grand theft on a scale unseen before," police commissioner Olafur Helgi Kjartansson said, NBC reported. "Everything points to this being a highly organized crime." Bitcoin hit the news last year after its value increased by more than 20 times from below $1,000 to a peak of more than $20,000.

It is a digital currency that was created in 2009 by a mysterious figure using the alias Satoshi Nakamoto and can be used to buy or sell items. It doesn’t exist in physical form, there is no central bank and a record of each transaction, using anonymized strings of numbers to identify it, is stored on a huge public ledger known as a blockchain. The supply of bitcoin can only be increased by a process known as mining. For each bitcoin transaction, a computer owned by a bitcoin miner must solve a mathematical problem. The miner then receives a fraction of a bitcoin as a reward

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Amid restrictions by many countries in the world yet another country, India has taken down cryptocurrency in the Indian market. It has declared cryptocurrency to be illegal tender i.e. neither we can trade in it nor can we able to use and has committed to crackdown all operations in crypto trading. Arun Jaitley, the finance minister in his budget speech today has pledged to eliminate the crypto market from India and declared all transaction in bitcoin or another cryptocurrency to be void. From many months Indian government has been planning for regulation in the crypto trading but this decision came as a sudden jerk to the Indian market and traders which hold almost quarter asset in the crypto market.

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⇉There reason to this clampdown is just as more and more youngster are putting their hard-earned money into highly volatile cryptocurrencies in hope of greater gains  and this will certainly lead to country budget deficit in the future as many hard investors are manipulating this market from outside India unethically via making groups on hike and other private channels and fixing the low and high of the market intentionally.
Also, there was suspicion among governments for many criminal activities and terrorism going on using the bitcoin network. There were several instances where hackers have duped the traders via new fake coins and exchange platforms, there has been the tremendous hike in cybercrime due to bitcoin transaction in the network all over the country.

This is yet another black day or huge blow for the crypto world and this gradual decline of Crypto reign is coming to an end slowly. Though I believe in crypto technology huge volatility in this market is generally leading to its abandoning by many countries one by one.  
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In what has all the earmarks of being another progression by Facebook towards checking the spread of phony or deceiving data, the social mammoth's Product Management Director, Rob Leathern, has declared that the stage will boycott all promotions identified with beginning coin offerings (ICOs) and digital forms of money.
In an official announcement, the company emphasizes one of its core principles, which is to provide a safe experience for users and protect them from misleading or deceptive ads. The statement then goes on to explain that Facebook will now be prohibiting ads related to a wide range of financial products, including but not limited to binary options, ICOs and cryptocurrencies:
We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.

Given how more than $4 billion was raised by means of ICOs amid 2017 alone, and the way that they remain to a great extent unregulated regardless of their developing inescapability, ICOs are the ideal open door for tricksters and fraudsters hoping to exploit their developing prominence. 
Besides, since Facebook is, by a long edge, the most famous online networking stage for publicizing (with 2+ billion month to month dynamic clients), it is normally the medium of decision for a wide range of advertisements, including ICOs and new digital currency new businesses. 
Pointing at awful performing artists in the money related space, Leather composed:
We want people to continue to discover and learn about new products and services through Facebook ads without fear of scams or deception. That said, there are many companies who are advertising binary options, ICOs and cryptocurrencies that are not currently operating in good faith. 
Interestingly, Facebook founder Mark Zuckerberg recently commented on cryptocurrencies, and spoke favorably about their potential to curb centralization and give the power back to the people.

“I’m interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services,” he wrote in a Facebook post early January.

With Facebook now cracking down on cryptocurrency ads, legitimate projects may also bear the brunt of the prohibition and will have to explore other avenues for reaching out to potential users and investors.