Novogratz Predicts $20K Bitcoin in 2019 as Galaxy Digital Gets IPO Nod

News Galaxy Digital CEO Mike Novogratz argued that institutional interest would push Bitcoin (BTC) price back to its all-time highs of $20,000 before the end of 2019. Novogratz delivered his comments in an interview with Bloomberg on July 25. Speaking about where Bitcoin price will be going by th..

Bitcoin No Longer Desirable Option for Criminals, Says CoinCorner CEO

News Gary Davis was sentenced to 6.5 years in prison for helping manage the now-defunct darknet marketplace Silk Road. The 31-year-old Irish man, who was extradited to the United States, had served as Silk Road forum moderator between May and June 2013 before working as a site administrator betwee..

Should Hedge Fund Managers Try Bitcoin? Bill Miller Thinks So

In December 2017, veteran investor Bill Miller took a risky decision to allocate half of his hedge fund to bitcoin. One and a half year later, the risk is paying off well. Miller Value Partners registered 46 percent profits in the first half of 2019, reported Bloomberg. The top performers in the he..

SLP Developers Publish Specs for a Unique Type of Non-Fungible Tokens

The Simple Ledger Protocol (SLP) has become a popular project within the Bitcoin Cash ecosystem because it gives anyone the ability to issue and transfer tokens in a permissionless fashion. Since the project was announced last year, there’s been a myriad of tokens created on the BCH chain. A few SLP..

Black Mirror: 1984-Like Authoritarian Blockchains are a Real Thing

Welcome to the future. The year is [insert date distant enough to be plausible, yet near enough to be worrisome]. The barista hands you your coffee and you walk out the door. No need to pay manually—the facial recognition system has already subtracted the correct amount of cryptocurrency from your P..