August 2017 - CryptoCurrencyWire

ThursdayAug 31, 2017 11:41 am

How Much Did that Pizza Cost? Weird and Fun Bitcoin Trivia Facts

The world’s most popular form of cryptocurrency – bitcoin – has an enigmatic beginning. Its mysterious founder, Satoshi Nakamoto, bears a fictitious name that has kept the curious guessing as to his/her (or their) identity since bitcoin was created in 2009. In the 2016 movie, “Banking on Bitcoin,” no less than four men are identified as the mystic namesake. Three deny the nomenclature, although the last man, Australian computer scientist Craig Steven Wright, claims to be the elusive founder of bitcoin (http://nnw.fm/YAq5J). Nakamoto’s idea – to develop a digital encrypted currency that can be exchanged for any other traditional currency…

WednesdayAug 30, 2017 3:17 pm

ChineseInvestors.com, Inc. (CIIX) is a Fast Mover in Colossal Markets

Founded in 1999 to offer financial information to Chinese-speaking investors Identifies and executes opportunistic strategies in colossal markets Positioning to lead in Chinese CBD and cryptocurrency markets There’s a lot to like about a company that can swiftly identify opportunity and execute on its strategy. ChineseInvestors.com, Inc. (OTCQB: CIIX) is one company that doesn’t waste time. The company was founded in 1999 to offer real-time market commentary, analysis and educational services to Chinese-speaking investors via its dynamic financial website, www.Chinesefn.com. Success followed, and CIIX steadily increased subscribers to currently exceed one hundred thousand. Armed with insights garnered from years of…

WednesdayAug 30, 2017 9:00 am

Standout Fintech Companies Disrupt the Financial Services Landscape

CryptoCurrencyWire Coverage: The growth potential for FINTECH is significant, and the opportunities for disruptive innovation within this burgeoning market are virtually endless. Goldman Sachs has projected that new entries in FINTECH stand to disrupt more than $4.7 trillion of revenue from traditional financial services companies.1 The emerging FINTECH market is still in its infancy, but investor attention has been substantial, and entities have been raising large amounts of venture capital within this space. In 2015, the value of global FINTECH investment increased by 75 percent, reaching $22.3 billion.2 Standout publicly traded innovators making strides within the FINTECH market include Global…

MondayAug 28, 2017 3:04 pm

ChineseInvestors.com, Inc. (CIIX) Seeks To Become Bitcoin Information Leader for the Global Chinese-Speaking Community

Formally announces subscription service Chinesefn.com, offering real-time reporting on digital currency news Published report analyzes jump in bitcoin valuation and its larger role in legalized marijuana markets CIIX targets China, which has an estimated 85% share of the bitcoin market ChineseInvestors.com, Inc. (OTCQB: CIIX), along with other companies in the cannabidiol (CBD) and legalized cannabis industries, are increasingly relying on bitcoin cryptocurrency for transactions. Not only has the value of bitcoin skyrocketed to greater than $4,000 in the past year, it solves the problem of transactions in this largely unbankable market. In a July press release, the company formally announced…

MondayAug 28, 2017 1:09 pm

SEC Issues Temporary Suspension in Trading Shares of First Bitcoin Capital (BITCF)

The Securities and Exchange Commission has issued a temporary trading suspension of First Bitcoin Capital Corp. (OTC: BITCF) shares because of concerns about the accuracy and adequacy of public information on the Canadian company. The order took effect at 9:30 a.m. EDT last Thursday and terminates at 11:59 a.m. on September 7, 2017. The SEC cited concerns about the company, including the value of BITCF’s assets and its capital structure, in a news release accompanying the suspension order. Shares of First Bitcoin Capital are traded over-the-counter and were last trading at $1.79 per share, according to Bloomberg. Shares had risen…

ThursdayAug 24, 2017 9:00 am

Industry Movers Riding the Wave of Bitcoin’s Increasing Value

CryptoCurrencyWire Coverage: Bitcoin’s recent climb above the $4,500 mark is just one example of how its market capitalization continues to gain unprecedented reach. (http://nnw.fm/lGp8V) From cannabis to technology, bitcoin has impacted industries far and wide, but analysts believe that the cryptocurrency isn’t done climbing. A Goldman Sachs analyst recently predicted bitcoin could soon go for as high as $4,800. ChineseInvestors.com Inc. (CIIX) (CIIX Profile) is one business taking advantage of bitcoin’s success by setting up bitcoin payment acceptance through its wholly owned subsidiary, Chinesehempoil.com Inc. (http://nnw.fm/2ZjlL). SinglePoint, Inc. (SING) also continues to develop its bitcoin cannabis payment solutions, while technology…

TuesdayAug 22, 2017 9:00 am

Cannabis and Cryptocurrency: The Time Is Now

CryptoCurrencyWire Coverage: Two booming markets are intersecting in the United States right now: legal cannabis and bitcoin. America’s cannabis market is predicted to reach a valuation of up to $50 billion by 20261, and the value of bitcoin reached record highs in August, surpassing $4,000 per coin and remaining above that mark as of August 192. Both unquestionably hot market segments right now, cannabis and bitcoin are now being linked thanks to the enterprising efforts of companies like SinglePoint, Inc. (SING) (SING Profile), which aims to utilize bitcoin in addressing a problem currently faced by legal cannabis businesses in the…

MondayAug 21, 2017 2:52 pm

SinglePoint (SING) at Intersection of Two Explosive Markets: Bitcoin and Legal Cannabis

Industry leader projects cryptocurrency bitcoin, which has achieved $4,000 price, can reach $100,000 within five years Company provides processing solution for “unbankable” risk markets, such as legalized cannabis SinglePoint releases new investor relations kit that details its acquisition strategy, profiles key executives (http://nnw.fm/ofm0Y) SinglePoint, Inc. (OTC: SING) finds itself at the intersection of two fast-growth markets: the cryptocurrency bitcoin and legalized cannabis. Bitcoin prices recently surged past $4,000 and are projected by industry leader Wu Jihan, founder of bitcoin miner Bitmain, to possibly reach $100,000 within five years, according to a video by Bloomberg L.P. (http://nnw.fm/INe2R). At the same time,…

ThursdayAug 17, 2017 4:11 pm

SinglePoint, Inc. (SING) Set to Benefit from Growth in Bitcoin and Cannabis Markets

Payment solutions for cannabis industry Operator of cryptocurrency exchange Bitcoin payment solutions for retailers In its latest initiatives, SinglePoint, Inc. (OTC: SING) is showing that innovation, like politics, makes strange bedfellows. This diversified holding company specializing in acquisitions of small to mid-sized companies, with an emphasis on new technologies, is planning a marriage of cannabis and cryptocurrencies, both of which are rapidly growing opportunities. The company is developing a payment processing solution utilizing cryptocurrencies that is likely to find early application in the cannabis industry. Using its recently acquired $Weed and other cryptocurrencies, SinglePoint wants to help the cannabis industry…

TuesdayAug 15, 2017 12:07 pm

ChineseInvestors.com (CIIX) Offers Cryptocurrency Education and Trading Subscription Service

Cryptocurrencies like bitcoin have become a global phenomenon China is a dominant player in bitcoin volume CIIX announces cryptocurrency education and trading subscription service Bitcoin, the world’s first and most recognized cryptocurrency, recently vaulted to new record highs above $4,000. Valued around seven dollars five years ago, the digital currency has quadrupled in 2017, climbing by 40 percent in August alone (http://nnw.fm/vvh2W). A $1,000 flyer five years ago would now be worth over a half a million dollars. Cryptocurrencies have attracted a lot of attention in recent years. Seen as a novel trade by some, a safe haven by others,…