Peter Thiel’s Founders Fund places a big bet on Bitcoin

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

Founders and Mr. Thiel, 50 years old, are well-known for early investments in companies like Facebook Inc. that sometimes take years to come to fruition. The bitcoin bet is quickly showing promise. Founders bought around $15 million to $20 million in bitcoin, and it has told investors the firm’s haul is now worth hundreds of millions of dollars after the digital currency’s ripping rise in the past year. It isn’t clear if Founders has sold any of its holdings yet. The bet hasn’t been previously reported. Bitcoin vaulted last year from a fringe area of Wall Street interest to the most talked-about asset in the financial world. The currency, essentially a digital form of money with no government or central bank behind it, started 2017 trading around $1,000, then shot to near $20,000 as individual and institutional investors alike ramped up speculating on its rise. From its all-time high reached in mid-December, the price chopped almost in half over the rest of the month. Prices as of late Tuesday afternoon were up 10% to $14,783, after ending 2017 at about $14,000, according to research site CoinDesk. Bitcoin spiked after The Wall Street Journal reported Founders’ investment. Relatively few mainstream investors have bought large sums …

What Blockchain Has In Store For Media And Home entertainment In 2018– RightsTech Project

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

To imagine possible markets that are ripe for disturbance in media and entertainment, you need to think about ones where participants would benefit from both security and openness, like payments, … Read More

Talking About 3 Blockchain Innovation Stocks (Video) – HIVE Blockchain Technologies Ltd. (OTCMKTS: PRELF).

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

Summary One ought to separate in between predators and authentic blockchain innovation operators.Knowing what is behind a trendy blockchain service will separate the pigs from the hogs.I go over 3 stocks that have different levels of direct exposure to blockchain.Many see blockchain as the technology of the future which has actually developed a fantastic buzz around the sector. Much like what happened in the 1990s, it is sufficient for a company to add blockchain to its name to see its stock spike up and interest increase. Nevertheless, before investing, you ought to really look exactly what is actually behind a stock and its abundant name or behind the use of a stylish word like “blockchain.” I talk about 3 stocks that are all related to blockchain but have different ways of approaching it. Hive Blockchain Technologies ( OTCPK: PRELF) is a coin miner with facilities in Island and Sweden where it uses inexpensive energy to mine coins, mainly Ethereum. Fascinating business with an even more fascinating ownership structure and associated celebration transactions.Gain Capital Holdings(NYSE:-RRB- is a forex platform that just recently revealed the possibility of Bitcoin trading. The statement pushed the stock cost up more than 30%. The 3rd stock …

ICOs Raised $4 Bln in 2017, What 2018 Has in Store

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

2017 has definitely been a record-breaking year for ICOs: a fiat equivalent of some $4 bln have actually been raised, and the variety of effective token positionings have actually increased to a number of hundreds internationally. In the very same year, standard IPOs are approximated to have raised $188.8 bln in total of 1,624 offers, according to E&Y IPO Global patterns report. Only in third quarter, 2,645 venture capital deals amounted to $42 bln.ICOs have actually raised less about two percent of international IPO proceeds, however ICOs not IPOs, and not equity capital offers, are the talk of the street these days. Why?In one year only ICOs earnings have actually surged practically 40-fold, from$96.3 mln in 2016. In 2014-2015 the amount was microscopic. More than 180 new ICOs are scheduled to launch in 2018, inning accordance with ICObench listing. It would be superficial and conceited to discuss the ICO surge only by desire of newly-rich crypto-miners to invest their all of a sudden reevaluated digital possessions in something productive and to protect themselves versus volatility. It might be the case, but it does not explain the entire case. In reality, there are three origin of ICO success.The great reason ICOs …

The Dramatic Growth of Bitcoin in 2017– FROM $930 TO $19,000 TO $13,000.

admin Bitcoin, Bitcoin News, Bitcoin Regulations, Bitcoin Startups, Bitcoin Tools, Blockchain, Digital Currencies, Ethereum, Ethereum News, Hacking, Infographics, Initial Coin Offerings, Opinion, Smart Contracts 0 Comments

Every year in human history has something it is noted for, either separately or nationally or internationally. Blacks all over the world acknowledge 2009 as one of the best years in black history as Barack Obama took the office of the president of one of the world’s most effective nations. That is however simply among the remarkable years in world history. Well, we remain in another year, 2017, and it has definitely specified itself to be the year of the cryptocurrency … worldwide.The mother of all cryptocurrencies had one its best run ever because its development. The year undisputedly was a mind blowing one with regard to simply what does it cost? bitcoin grew and exceeded predictions from the previous year as well expectations people had for it. Inning accordance with CoinDesk’s data bitcoin rose from a brand-new year high of about$1,000 to a record high of$20,000 and an end of year downslide worth of $13,200 sometimes of writing. Bitcoin’s growth seemingly drew a lot attention in the monetary sector from a few of the sector’s big weapons within these last twelve months. As the year has actually come to an end, lets a have a look at some of …