NewsRoom Articles - Page 55 of 58

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,…

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.…

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