Bitcoin Over $36000 and JP Morgan Has $146,000 Price Target

Bitcoin is trading over $35,000 and Ethereum is trading a bit over or bit under $1200. JPMorgan has said that Bitcoin could rally as high as $146,000 as it competes with gold as an alternative currency. JPMorgan says Bitcoin could climb to match the $2.7 trillion of private sector gold investment. Currently, Bitcoin has a …

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Bitcoin and Cryptocurrencies Are Back

Bitcoin is trading around $11,000 and other major cryptocurrencies ike ethereum are also up. There seem to be four major driving factors: 1. The bitcoin price spike was led by India. There has been a bitcoin trading of about $500 premium on the few remaining local exchanges as the government cracks down on internet services …

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Tech Report Says to Get an Alibaba or EBay Business Before Your Old Jobs Are Destroyed

An Alibaba backed open research think tank (the Luohan Academy) has published a 22-page report which says that AI, mobile internet, e-commerce are not destroying more jobs than they create. Nextbigfuture summarizes the report as there are lots of jobs and businesses being created by the Alibaba, Ebay, Googles and Ubers of the world. People …

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How Crypto Tech Bridges the Generation Gap

Just as the older generation has had to get its head around the hi-tech world of cryptocurrencies and how they work, so the tech itself is introducing younger folk, like millennials and the newly-emerging Gen Z to online activities they may never have considered otherwise.   One key area that cryptos bring to the younger …

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Bitcoin by itself can generate 2 degree warming by 2033

If Bitcoin is implemented at similar rates at which other technologies have been incorporated, then Bitcoin alone could produce enough emissions to raise global temperatures by 2°C as soon as 2033. Peer-reviewed journal Nature Climate Change – Bitcoin emissions alone could push global warming above 2°Celsius. A team of UH Mānoa researchers analyzed information such …

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Bitcoin Exchange traded note and investment trust are ways to trade Bitcoin without holding Bitcoin

Bitcoin Tracker One is an Exchange Traded Note quoted in US dollars. It is similar to buying an American depositary receipt. It is not an Exchange Traded Fund (ETF) but an Exchange Traded Note (ETN). Traders will see a foreign-listed asset in U.S. dollars. Bitcoin Track One trades are executed in dollars, but all settlement, …

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SEC delays VanEck-SolidX Bitcoin ETF Decision to September 30

The SEC has delayed a decision about listing the VanEck SolidX Bitcoin Trust ETF until September 30 or before. The Form S1 filing to the SEC by VanEck SolidX Bitcoin Trust is linked to here. This third attempt for an ETF by VanEck and they partnered with blockchain company SolidX and basing the fund on …

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