Can Bitcoin Beat Goldman Sachs’ Projections?
Goldman Sachs has been on-point predicting Bitcoin’s price. Yet again they got it right. Bitcoin went to $7,900 for a moment today Nov. 8, 2017 like Goldman projected. Nice!
News
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Coding Mishap Locks up Over $200 Million in Ether in Multi-Sig Wallets
Over $200 million in Ether has been locked inside some multi-signature wallets that use the Parity service. This occurred due to a few coding mishaps.
Coinone Added Litecoin; Spurring on a Price Bump
A major South Korean cryptocurrency exchange Coinone added Litecoin to its trading platform. The result has been an increase in Litecoin’s price.
GBTC Trust Announces Plans For Bitcoin Cash Fork
Despite being somewhat unclear on other forks, there was a press release from Greyscale that discussed Bitcoin Cash distributions for GBTC shareholders.
Bitcoin Futures Trading Announced
On Oct. 31st it was announced that the CME group plans to offer Bitcoin futures trading.
SEC Warns of Initial Coin Offering Scams
The SEC added to their ongoing list of warnings about crypto by warning about ICOs twice this week. We explain both SEC warnings.
Bitcoin Hits $7K
Bitcoin went to $7k after going up over $1k in less than a week. The quick rise was due in-part to an upcoming fork and a Bitcoin futures trading announcement.
When is the Segwit2x Fork?
The Bitcoin Segwit2x fork happened at block 494,784. This block occurred on Nov. 17. Anyone with Bitcoin before the block now has equal parts Segwit2x.
Bitcoin Appears Tethered to Major Altcoins Again
After a run-up earlier this month and a quick sell-off after the Bitcoin Gold fork, Altcoins seem to be following Bitcoins price again. Is history set to repeat?
AMD Stock Drops to $12; Crypto Investors Might Want to Keep an Eye on It
AMD’s stock dropped after its earnings reports. Earnings were good, but projected earnings for next quarter were a little lackluster.