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✅Overstock and Bitsy to Launch Their Bitcoin Wallet Next Week
The beta version of the Bitsy Bitcoin wallet will be available to download, for free, from the 12th of November. The platform is owned by the bullish U.S. retailer, Overstock. While initially making a name for themselves as an e-retailer, U.S.-based Overstock has shifted gears to focus more on blockchain technology and virtual currencies.
🔸Inclusion of Pro-Blockchain Gibraltar Minister in DC Panel Positive Sign for US Regulation
The Gibraltar Minister for Commerce, Albert Isola, has urged the DC Fintech Week panel to ”collectively strive towards fintech excellence” while sharing his views on regulatory competition in the blockchain industry. The inclusion of a well-known pro-blockchain speaker on the mainstream panel discussion is a promising indicator for the future of the technology in the US.
🔸Scalability: A Big Obstacle for the Cryptocurrency Ecosystem
31st of October, 2018, marked a landmark for cryptocurrencies – it was the tenth anniversary of the Bitcoin whitepaper, meaning cryptocurrencies have turned ten years old. A lot has been achieved over the past ten years – but there are many goals which have been left unfulfilled. This is particularly in reference to the issues of scalability and adoption, problems which continue to haunt the cryptocurrency ecosystem.
Scalability is a problem which wasn’t really envisioned in the early days of cryptocurrencies.
🔸Nakamoto’s Colleague, Donor of BTC 15,678 Says Bitcoin’s Survival ”No Question”
Jeff Garzik, a close colleague of Satoshi Nakamoto, said that although Bitcoin may not have reached its original goal of being used as a private currency, there is ”no question” of its survival.
Garzik, who until 2014 was the third largest contributor to Bitcoin’s code, was responsible for giving away a developer’s bounty to encourage more workers onto the software in the early days of the currency, around seven years ago. He donated 15,678 bitcoins of his own funds, valued at over USD 100 million in today’s prices.
🔸BitMEX to Settle Contracts using Bitcoin Cash ABC After BCH Hard Fork
With the Bitcoin Cash (BCH) hard fork date quickly approaching, plenty of cryptocurrency enthusiasts are anxious as to how many crypto exchanges will support the event. We have had the likes of Binance, Coinbase, Ledger and BitMEX announcing their plans to handle the hard fork. In the case of the latter exchange, the team has just announced additional information as to how the platform will support the hard-fork on the 15th of November.
🔸Bitcoin Could Reach $250k by 2023 Says Tim Draper
The cryptocurrency investor and billionaire Trim Draper said that his Bitcoin price prediction for the next years remains solid. Draper believes that Bitcoin is going to reach $250,000 dollars by 2022. Although the market has been in a bear trend in 2018, he confirms this Bitcoin (BTC) price prediction.
🔸Shapeshift’s CEO about Vitalik Buterin: “Ethereum Is Better Because He’s Involved.”
In a short conversation with Ran Neuner, host of CNBC’s Crypto Trader, Eric Vorhees, CEO of ShapeShift shared his views on the future of cryptocurrencies and blockchain technologies.
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