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BITCOIN PRICE $7000! CRYPTOCURRENCY BULL RUN IS BACK! Bitcoin! In less than a week has gone from $6K to well over $7K. Now that almost everyone sees the return of the bull run, many predictions from industry insiders are coming forward – billionaire venture capitalist Tim Draper said in a recent interview with Fox Business that in four years, something like that, bitcoin will be about a 5% market share of the earth. He pointed to bitcoin’s best features such as decentralization, transparency, and simply being a better currency than fiat.
The Ethereum Foundation is planning to spend $30 million on different projects across the ecosystem over the next 12 months. In the course of the next year, the Foundation is going to allocate funds for improvement of Ethereum’s performance and security, which includes working on the current proof-of-work (PoW) algorithm of Ethereum and general core support and development, raising awareness about the altcoin by organizing hackathons, developing relations, and attracting new talent, among other issues.
William Shatner the actor who has over 242 acting credits to his name – is moving into the world of cryptocurrency. announced he’s partnering with Mattereum to launch an Ethereum-based system that authenticates and digitally transfers ownership of physical items including collectibles. It looks like Captain Kirk is staying on the edge of technology! Crypto securities company Curv has partnered with insurance company Munich Re to obtain $50 million in coverage. This new insurance is designed to cover any cases in which a bad actor was able to gain access to either Curv or the customer’s shares, both of which would be needed in order to sign off on an illicit transaction. Enjoy the show!
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