NewsRoom Articles - Page 169 of 172

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,…

TuesdayAug 15, 2017 9:00 am

Record Bitcoin Gains Indicate High Times Ahead for Cannabis Cryptocurrency

CryptoCurrencyWire Coverage: Within America’s explosive legal cannabis market—projected to potentially reach a staggering $50 billion valuation by 20261—legal uncertainties and blockades continue to pose challenges. One of these challenges is a lack of banking options for marijuana merchants, who are largely forced to conduct cash transactions, as cannabis businesses currently do not have the backing of the FDIC and, consequently, do not have access to traditional banking options. Necessity is the mother of invention, and enterprising companies are endeavoring to skirt federal restrictions and provide cannabis companies with innovative financial transaction options to meet their growing needs. One company racing…

TuesdayAug 08, 2017 9:00 am

Absent Federal Banking Support, Cannabis Market Shows Growing Interest in Proprietary Bitcoin Payment Solutions

CryptoCurrencyWire Editorial Coverage: The legal marijuana industry continues its impressive growth, despite the inability to access a wide range of banking solutions, given that cannabis is still classified as a Schedule I substance by the Federal government. Similarly, bitcoin is a booming market, recently hitting an all-time high of $3,0001 per unit. These two fast-growing markets are already working together, providing investors with significant and diversified opportunities. Several companies, such as SinglePoint, Inc. (SING), First Bitcoin Capital Corp. (BITCF), Epazz, Inc. (EPAZ) and Bitcoin Services, Inc. (BTSC), are focused on innovative bitcoin-based payment solutions to benefit the legal marijuana industry…

TuesdayJul 25, 2017 1:22 pm

SinglePoint (SING) Sees Advantages in Bitcoin, Formation of SingleSeed.com, and Joint Venture with First Bitcoin Capital Corp.

Company sees four to five more acquisitions in pipeline after its investment in California firms DIGS and Convectium Hired a blockchain expert as part of project addressing payment processes for the cannabis industry Hired Turner, Stone & Company LLC to complete 2016 financial audit Wil Ralston, president of SinglePoint, Inc., (OTC: SING), and Greg Lambrecht, CEO, say their company is primed to make four to five more acquisitions as it sees further opportunity in the cannabis market and medical marijuana. It is supporting dispensaries with the cryptocurrency bitcoin and is helping legal sellers solidify an online presence with subsidiary SingleSeed.com.…

ThursdayJul 13, 2017 9:00 am

Savvy Publicly Traded Bitcoin Players Contributing to Cryptocurrency’s Widespread Adoption

CryptoCurrencyWire Editorial Coverage: Bitcoin is rapidly being adopted and accepted as a valid form of payment, with major retailers like Overstock.com, Microsoft and Subway (1) among several U.S. companies that now accept digital currency – or cryptocurrency – as a form of payment. Japan adopted bitcoin as an official currency in April 2017, which has been a major step forward for this cryptocurrency on a global scale. Savvy companies are rushing to profit from the growing acceptance of bitcoin, whether by aiding further accessibility or by applying digital currency as a payment solution for high-risk industries that are considered “unbankable.”…

ThursdayJul 06, 2017 3:46 pm

SinglePoint (SING) Expands into Legal Cannabis Market with Bitcoin Transaction Option; Invests in Equipment, Consulting Space

SING expands into multi-billion dollar retail cannabis sales industry Partnership with First BitCoin Capital will overcome the cannabis industry’s banking roadblock by providing a cryptocurrency alternative SING moves into cannabis equipment and consulting market through subsidiary Discount Indoor Garden Supply Specialized holding company SinglePoint, Inc. (OTC: SING) is offering choice investment opportunities as it expands into the legal cannabis market. By overcoming a lack of banking options in the industry and entering the burgeoning field of consulting and supplies for legal cannabis growers, SinglePoint joins several other major companies including Scotts Miracle-Gro (NYSE: SMG) in the cannabis space. A recent…