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Cryptocurrency Gets Its Own Comedy In “Bitcoin” – the Movie

Bitcoin is serious business, but not so serious that it can’t afford to laugh at itself. It was inevitable that someone would commission a bitcoin movie sooner or later, and in the event that honor has gone to Christian Cashmir. The little known filmmaker is producing “Bitcoin”, a comedy romp that looks set to tick off every cliche in the book. Also read: Danish Billionaire Renames the Rungsted Capital Ice Rink to ‘Bitcoin Arena’ Brace Yourselves: Bitcoin Banter is Coming Bitcoin has had plenty of screen time this year, but has yet to grace the silver screen. News segments and the odd documentary, while attesting to bitcoin’s meteoric rise, lack the …

Bitcoin’s Price Captures a New High Touching $18,000

The price of bitcoin has reached the landmark milestone of $18,000 per BTC across global exchanges after having an incredible run during November and December of 2017. The decentralized currency’s price seems like it will close out with a bang as this year has been one of the most phenomenal growth cycles for bitcoin in years. Also Read: Parity Calls for Ethereum Hard Fork to Reverse $230 Million Bug Bitcoin Reaches an All-Time High of $18,000 Per BTC At approximately 7:15 am EDT on December 16 the price of bitcoin barreled above the $18K zone on the exchange Bitstamp. The price has climbed well over 1000 percent during the course …

Venezuela’s National Cryptocurrency Advances But Experts Warn of Corruption

Venezuela’s president Nicolas Maduro has advanced the creation of the country’s national cryptocurrency, the Petro. He believes it will take off and solve the country’s economic problems next year, but experts are concerned with corruption. Moody’s credit rating agency, for example, says market participants would have no confidence in Maduro’s government to manage it. Also read: South Korea Releases Emergency Measures for Cryptocurrency Regulation Maduro Takes Next Steps with the Petro News.Bitcoin.com reported last week on Maduro announcing the creation of the country’s national cryptocurrency called the Petro, backed by the country’s oil, gold, gas, and diamond reserves. This week, Maduro revealed, as quoted by Ok Dinero: In the next few days, …

Korean Regulation Fails to Shake Bitcoin Market But Could Wipe Out Some Exchanges

After South Korea’s regulators announced their emergency measures for cryptocurrencies, the bitcoin market breathes a sigh of relief. While a blanket ban was not adopted, other smaller bans remain and a clampdown on virtual bank accounts is presenting a serious challenge to exchanges. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Bitcoin Market Relieved South Korean prime minister. The South Korean government held an emergency meeting on Thursday to adopt some measures to regulate the cryptocurrency market. The measures were announced to the public on the same day. The regulators said from the start that they aim to curb the overheated cryptocurrency market. However, …

An Anonymous Early Adopter Is Donating 5,057 BTC ($86M) to Charity

This week an early bitcoin adopter announced on the forum Reddit that he had so much bitcoin he plans to donate 5,057 BTC (US$86Mn) to charitable causes. So far the anonymous donor created a website called the ‘Pineapple Fund,’ and has already donated $5M in bitcoins to some well known nonprofit organizations. Also read: ‘Decentralized Uber’ App Delivers 1,000 Meals in Austin, Texas $86 Million to Charity: This Early Adopter Says ‘Money Doesn’t Matter’ Cryptocurrencies are worth a lot of money these days, and this holiday season one bitcoin whale is donating quite a bit of BTC to charitable organizations. The anonymous donor says he saw the promise of bitcoin long …

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