FreeBitcoins Receives $150k from a Single Investor
FreeBitcoins received $150,000 USD from a single investor during the first day of its crowdfunding campaign, which is 30% of the total $500k it is seeking. It claims that it is the fastest growing company in the history of Bitcoin, receiving 0 to 150,000 users in less than 30 days. Additionally, FreeBitcoins has already secured advertising partnerships with the largest Bitcoin companies. The company claims to have rewarded free bitcoin to all its 150k users that have signed up on the website in the first 30 days. As of press time, FreeBitcoins has 172,861 subscribers. Launched in February....
Related News
Global investment bank JPMorgan has predicted that the long-term price of bitcoin will reach $150K while the fair value of the cryptocurrency sits at $38K. “The biggest challenge for bitcoin going forward is its volatility and the boom and bust cycles that hinder further institutional adoption,” JPMorgan’s analysts explained.
JPMorgan’s Bitcoin Price Prediction
Global investment bank JPMorgan has revealed its prediction for the long-term price of bitcoin as well as the cryptocurrency’s fair value.
JPMorgan Chase & Co.’s....
Data shows the total supply held by the Bitcoin long-term holders has decreased by 150k BTC since the LUNA crash. Bitcoin Long-Term Holders Have Dumped A Noticeable Amount In The Last Few Months According to the latest weekly report from Glassnode, the BTC LTHs have observed a sustained decrease of 150k BTC since the crash in May. The “long-term holder” (or LTH in brief) group is the Bitcoin cohort that includes all those investors who have been holding onto their coins since at least 155 days ago, without selling or moving them. The holders who sell earlier than this threshold....
BTC China, which is now the world's largest Bitcoin exchange, has received a whopping $5 million in Series A investor funds from venture capitalists from Lightspeed China Partners and Lightspeed Venture partners. It's a lot of money, and it's absolutely needed. The exchange has been growing so rapidly and has passed Mt. Gox as the number one exchange, with an average of 90,000 BTC trades daily (about $5.4 million at the current exchange rate). Bobby Lee, who heads BTC China says the money will be used for "general operating expenses", but to also "aggressively grow and expand the....
Joseph Chase Oaks allegedly used SIM-swap hacks to access victim's online accounts between August 2018 and October 2019.
Coinplug, a Korea-based bitcoin exchange, wallet, card and payment processor targeting the Asian market, recently received $5 million in Series B funding, according to CrunchBase. The exchange has received $8.3 million in funding from four rounds from nine investors. In addition to providing a bitcoin exchange, a bitcoin wallet and payment processing, Coinplug also provides a two-way ATM and payment processor and offers a bitcoin gift card called "okBitcard" which is available at supermarkets. Coinplug's Nine Investors. Mirae Asset Venture Investment is Coinplug's lead series A investor.....