Economics of bitcoin

Predictions Point to Bitcoin Could Quadruple In 2021 Similar to the 2017 Parabolic Rally

Retrieved on: 
Wednesday, February 17, 2021
Payment systems, Cryptocurrencies, Digital currencies, Currency, Exonumia, Bitcoin, Parabolic, Economics of bitcoin

According to an article in Markets Insider, Lee has recently also said t bitcoin could quadruple in 2021 as the crypto asset experiences a similar parabolic setup that occurred in 2017.

Key Points: 
  • According to an article in Markets Insider, Lee has recently also said t bitcoin could quadruple in 2021 as the crypto asset experiences a similar parabolic setup that occurred in 2017.
  • "2021 is going to be a lot like 2017 which means bitcoin should do even better in 2021 than it did in 2020, so something above 300%," Lee told CNBC.
  • At its current price of about $29,000, a quadruple in bitcoin would put the crypto asset well above the $100,000 mark at $116,000.
  • 2021 will be most like 2017 in that bitcoin will likely experience a "parabolic rise," Lee tweeted.

Osprey Bitcoin Trust Begins Trading as “OBTC” With Industry-Low Management Fee

Retrieved on: 
Tuesday, February 16, 2021
Professional services, Finance, Payment systems, Cryptocurrencies, Digital currencies, Currency, Bitcoin, Exonumia, Economics of bitcoin, Legality of bitcoin by country or territory

Osprey Funds, LLC announced today that its inaugural offering The Osprey Bitcoin Trust (OBTC) has commenced trading publicly via the OTC market.

Key Points: 
  • Osprey Funds, LLC announced today that its inaugural offering The Osprey Bitcoin Trust (OBTC) has commenced trading publicly via the OTC market.
  • Seeking to track the CMBI Bitcoin Index, OBTC provides better access to digital assets with secure, transparent, and low-cost exposure.
  • It has an annual management fee of just 0.49%, making it the lowest-priced publicly traded bitcoin fund in the world.
  • The Osprey Bitcoin Trust, OBTC, is the lowest-cost publicly traded bitcoin-focused investment product in the world.

Bitcoin is Now Accepted for Real Estate Transactions on BTCHome.ca

Retrieved on: 
Tuesday, February 16, 2021
Construction & Property, Finance, Banking, Professional services, Technology, REIT, Other Technology, Residential Building & Real Estate, Payment systems, Cryptocurrencies, Digital currencies, Currency, Bitcoin, Real estate broker, Economics of bitcoin, Legality of bitcoin by country or territory

2011), a licensed Real Estate Brokerage that is now accepting Bitcoin as a payment for any Real Estate, including properties priced in dollars.

Key Points: 
  • 2011), a licensed Real Estate Brokerage that is now accepting Bitcoin as a payment for any Real Estate, including properties priced in dollars.
  • Real Estate Bay recognizes that Bitcoin is a de facto permanent feature of modern society, just like the Internet.
  • Real Estate, however, is priced in dollars with most sellers unfamiliar with Bitcoin.
  • Buying Real Estate with Bitcoin is the Safest Way to Protect Your Wealth, improve your lifestyle and hedge against Bitcoin volatility during the bear markets.

ICRYPEX: Sponsorship Agreement Paid out in Bitcoin

Retrieved on: 
Tuesday, February 16, 2021
Professional services, Basketball, Sports, Technology, Other Technology, Finance, Banking, Payment systems, Cryptocurrencies, Digital currencies, Currency, Cryptography, Bitcoin, Legality of bitcoin by country or territory, Economics of bitcoin

ICRYPEX took an important step towards the future of the digital currency ecosystem by making the payment for the sponsorship agreement in Bitcoin.

Key Points: 
  • ICRYPEX took an important step towards the future of the digital currency ecosystem by making the payment for the sponsorship agreement in Bitcoin.
  • View the full release here: https://www.businesswire.com/news/home/20210216005165/en/
    ICRYPEX Cryptocurrency Market blazed a trail around the world and signed a sponsorship agreement, making the payment in Bitcoin.
  • The sponsorship agreement signed with Beikta JK should also be considered within this scope.
  • And this agreement is paid out in Bitcoin, which is a first in the world as you may know.

Purpose Investments Cleared to Launch First Bitcoin ETF in the World

Retrieved on: 
Friday, February 12, 2021
Payment systems, Bitcoin, Cryptocurrencies, Digital currencies, Money, Finance, BTCC, Economics of bitcoin

TORONTO, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (Purpose Investments) is pleased to announce that it has been cleared by Canadian securities regulators to launch Purpose Bitcoin ETF (the ETF or BTCC), the first direct custody Bitcoin ETF in the world.

Key Points: 
  • TORONTO, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (Purpose Investments) is pleased to announce that it has been cleared by Canadian securities regulators to launch Purpose Bitcoin ETF (the ETF or BTCC), the first direct custody Bitcoin ETF in the world.
  • The ETF is designed to provide investors with exposure to the leading cryptocurrency, Bitcoin, by investing directly in physically settled Bitcoin.
  • Purpose Bitcoin ETF will change the landscape for investors by giving them a simple, efficient and affordable way to directly access the cryptocurrency.
  • The OSC was a crucial working partner in the launch of Purpose Bitcoin ETF and we are grateful for their willingness to work with us through this process.

Global Cryptocurrency Markets Report 2021: Offering (Hardware & Software), Process (Mining & Transaction), & Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin)

Retrieved on: 
Thursday, February 11, 2021
Cryptocurrencies, Payment systems, Digital currencies, Currency, Decentralization, Cryptography, Financial technology, Uberisation, Bitcoin, Litecoin, Economics of bitcoin, Coinbase

DUBLIN, Feb. 11, 2021 /PRNewswire/ -- The "Global Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 11, 2021 /PRNewswire/ -- The "Global Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
  • Moreover, transparency and immutability of the distributed ledger technology is positively impacting the growth of the market during the forecast period.
  • The Global Cryptocurrency Market is segmented based on offering, process, type, end-user, company, and region.
  • Based on type, the market can be categorized into bitcoin, etgereum, bitcoin cash, ripple, dashcoin, litecoin, and others.

Mining Bitcoin in the New Technology Frontier

Retrieved on: 
Wednesday, February 10, 2021
Payment systems, Businesspeople, Cryptocurrencies, Digital currencies, Bitcoin, Currency, Elon Musk, Economics of bitcoin

Yesterday, CEO of Tesla, Elon Musk, announced that it had bought $1.5 billion worth of Bitcoin, and would start accepting Bitcoin as a payment method for its products.

Key Points: 
  • Yesterday, CEO of Tesla, Elon Musk, announced that it had bought $1.5 billion worth of Bitcoin, and would start accepting Bitcoin as a payment method for its products.
  • As of today, Bitcoin has broken another all-time high at $48,200 per Coinable price index,so as the market is growing, Bitcoin mining is too.
  • In addition, VBit is exploring new liquid immersion cooling technology that will allow for a more reliable mining environment with less failure.
  • VBit Technologieshas a brand called VBit Mining that provides Bitcoin mining services to thousands of people worldwide, and is on its way to becoming one of the largest Bitcoin mining operations in the world.

BlockFi Launches the BlockFi Bitcoin Trust

Retrieved on: 
Tuesday, February 9, 2021
Payment systems, Money, Finance, Bitcoin, Cryptocurrencies, Digital currencies, Institutional Investor, Economics of bitcoin

JERSEY CITY, N.J., Feb. 9, 2021 /PRNewswire/ -- BlockFi Inc. ("BlockFi"), a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, today announced the launch of the BlockFi Bitcoin Trust ("the Trust"), an investment vehicle for investors seeking access to Bitcoin ("BTC"), the leading digital asset.

Key Points: 
  • JERSEY CITY, N.J., Feb. 9, 2021 /PRNewswire/ -- BlockFi Inc. ("BlockFi"), a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, today announced the launch of the BlockFi Bitcoin Trust ("the Trust"), an investment vehicle for investors seeking access to Bitcoin ("BTC"), the leading digital asset.
  • Initial subscribers to the Trust are expected to include BlockFi and select institutional investors, using BTC to subscribe.
  • As sponsor of the Trust, BlockFi Management LLC, a wholly owned subsidiary of BlockFi, will charge a sponsor fee of 1.75%.
  • "Given the level of institutional activity in recent months and demand for new, professional-grade investment vehicles, the timing of BlockFi Bitcoin Trust is ideal," said Zac Prince, Founder & CEO of BlockFi.

InvestorBrandNetwork (IBN) Announces CryptoCurrencyWire Audio Production Featuring Peter McCormack, Host of the Popular ‘What Bitcoin Did’ Podcast

Retrieved on: 
Tuesday, February 9, 2021
Payment systems, Cryptocurrencies, Digital currencies, Articles, Currency, Bitcoin, Podcast, Economics of bitcoin, Legality of bitcoin by country or territory

CryptoCurrencyWires latest audio production features Peter McCormack , host of What Bitcoin Did , the #1 bitcoin podcast.

Key Points: 
  • CryptoCurrencyWires latest audio production features Peter McCormack , host of What Bitcoin Did , the #1 bitcoin podcast.
  • The What Bitcoin Did podcast is a twice-weekly podcast focused on cryptocurrency.
  • McCormack began the CryptoCurrencyWire interview by discussing the current state of bitcoin as compared with existing fiat currencies.
  • The latest audio production from CryptoCurrencyWire continues toreinforce InvestorBrandNetworks commitment to the expansion of its robust network of brands, client partners, followers and the growing IBN Podcast Series .

Global Cryptocurrency Markets, Forecast & Opportunities, 2026 - Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 9, 2021
Professional services, Finance, Cryptocurrencies, Payment systems, Digital currencies, Currency, Decentralization, Cryptography, Financial technology, Uberisation, Bitcoin, Litecoin, Economics of bitcoin, Coinbase

The "Global Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Cryptocurrency Market By Offering (Hardware & Software), By Process (Mining & Transaction), By Type (Bitcoin, Etgereum, Bitcoin Cash, Ripple, Dashcoin, Litecoin, Others), By End User, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
  • Moreover, transparency and immutability of the distributed ledger technology is positively impacting the growth of the market during the forecast period.
  • The Global Cryptocurrency Market is segmented based on offering, process, type, end-user, company, and region.
  • Based on type, the market can be categorized into bitcoin, etgereum, bitcoin cash, ripple, dashcoin, litecoin, and others.