Bitcoin price LIVE: $6k BTC going ‘sideways’ after ‘lag’ in arrival of big banking money

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GETTY Bitcoin price LIVE: BTC fell this weekend Good morning, and welcome to our rolling coverage of all things , including price, regulation, innovation and financial crime. Bitcoin is priced at $6,249 this morning after the weekend wobbles passed without further losses. This week we’re responding to comment from Brian Kelly, founder and CEO of BKCM LLC, who replied to questions on the latest BTC price plunge by telling CNBC on Sunday – “this is not the funeral for bitcoin whatsoever.” Daniel Wolfe, CEO of the blockchain-based marketplace of trading algorithms Tradingene told Express.co.uk that “extreme volatility” has been a longstanding characteristic of bitcoin.” He said: “During 2017’s dramatic increase in the value of BTC, for example, BTC’s price fell over thirty percent five times! To see the recent downturn as a meaningful deviation from BTC’s historical performance is therefore a mistake.” The lack of institutional-quality infrastructure and the natural caution of institutions means that there is a substantial lag between the appearance of institutional interest and actual demand from institutions. Mr Wolfe adds that with even at its highest point, the capitalisation of all cryptocurrencies was a small fraction – less than one percent – of the capitalisation of all fiat currencies. …

New Bitcoin of America Place: Stop and Go Liquor-5238 Lancaster Ave, Philadelphia

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Bitcoin is proving to be the most popular digital currency that brings along several advantages when compared to conventional currencies. It came into circulation in 2009 and since then growing in popularity with the passing year, thanks to its range of features, which makes it popular over traditional currencies. Bitcoin of America is an online trading platform with Bitcoin ATM machines installed all over the country. Stop and Go Liquor Bitcoin ATM is one of our recently added machines, which allow the user to buy Bitcoin fast and easy. Bitcoin of America gives you the chance to buy digital currencies through ATM machines and online exchanges safely and securely. If you are in Philadelphia, Stop and Go Liquor Bitcoin ATM is a good place to buy Bitcoin. Buy Bitcoin Philadelphia Bitcoin of America banks on prime locations where we can serve a maximum number of digital currency users. Stop and Go Liquor Bitcoin ATM is located at 5238 Lancaster Ave Philadelphia. Use this ATM kiosk to purchase up to $7500 a day. Stop and Go Liquor Bitcoin ATM is open 7 AM to 1 AM everyday. Visit this location anytime to buy digital currencies at a competitive exchange rate. Most …

Are black millennials a blind spot for fintech firms?

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Around the time the retired Los Angeles Lakers superstar Kobe Bryant launched a venture capital tech fund, Mensa Pounds heard about BREAUX Capital — a fintech company that was just getting started on its big goal to disrupt financial services for black millennials. Pounds knew he wanted in after a former high school classmate told him about the brand’s vision. He became a shareholding member in 2016, the same year BREAUX Capital formed. Pounds, now an elementary-school teacher in New Orleans, is one of 1,000 members who use BREAUX Capital to automate savings deposits and to network with one another on their entrepreneurial dreams and capital needs — online and in person. It’s still early days, but the startup, with founders in Chicago and Brooklyn, sees an opportunity to make a mark and a profit on a market few fintech startups have specifically pursued. “It seems counterintuitive,” said Ras Asan, co-founder and chief operations officer of BREAUX Capital. “The perception is they don’t have money [and] if they do have money, they aren’t trying to spend it on their financial wellness.” But Asan — along with fellow Morehouse College in Atlanta alums Derrius Quarles and Brian Williams — saw something …

Jack Ma: “Technology Itself Isn’t The Bubble, But Bitcoin Likely is”

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Chinese business owner and billionaire Jack Ma, popular for owning the Alibaba Group company emporium, as soon as again cautioned of the possibility that Bitcoin might be a bubble, according to Bloomberg. Jack Ma provides Justin Sun with Diploma Jack Ma is likewise known in the crypto sphere for mentoring Justin Sun, developer of Tron (TRX), a successful blockchain with an aggressive business design. Now, Justin Sun wishes to mentor other entrepreneurs.Mr Ma talked about Bitcoin during an event held by Ant Financial Services Group this Monday. Ant Financial Solutions is a China-based corporation concentrated on funding, finance, and other services. Its moms and dad organization is specifically Alibaba.Jack Ma had previously embraced this Pro-Blockchain/ Anti-Bitcoin stance, however in the past he had actually taken a more conservative method, confessing that although it was his personal opinion, it was that of someone inexperienced in the field.However, this Monday he was a bit more direct, keeping his way of thinking, however with less subtle declarations:”Blockchain technology could alter our world more than people picture … Bitcoin, nevertheless, could be a bubble.”Jack Ma The dispute over the effectiveness of Bitcoin has actually divided the community of financiers more than the conceptions relating …

Ethereum Classic (ETC) likely to strike $100 in 2018– Time to stockpile!

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There is no doubt that Ethereum classic (ETC) is the crypto to enjoy this year, especially after Coinbase revealed that they will be noting it. This announcement pushed the worth of Ethereum Classic (ETC) up by a huge margin, making it one of the very best performing crypto in the previous week.But that’s not the just great news about this crypto. Yesterday, some more great news came up about Ethereum ETC. Through their twitter account, the Ethereum Classic group revealed that they have actually developed a decentralized exchange that is exclusively concentrated on Ethereum Classic (ETC). The tweet read as below The decentralized exchange is developed by Saturn network and will have 0% fees, and won’t hold any deposits. The radix decentralized exchange will also have 2 sections. One will be a clever agreement that manages the finance part of things, while the other one is an interface that makes things much easier for the negotiating parties. This exchange is ensured to increase transaction volumes into Ethereum Classic (ETC) and increase its cost. Ethereum classic is already up by over 10% since the news came out, even though the exchange has actually not introduced yet. The minute it releases and …