Bitcoin News Today – Hong Kong Blockchain Week – Will Swift use Ripple’s XRP

CNBC is at Hong Kong Blockchain Week and the event is buzzing with activity.     Watch this video for more insight and find out more about the new Facebook coin, why Altcoins have momentum and whether SWIFT will use Ripple’s XRP!                 Please leave your questions and comments below:

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BITCOIN PRICE PREDICTION – Massive Bitcoin BOOM predicted – Jack Dorsey spends $10k per week [ Video ]

Jack Dorsey is making a very BIG Bitcoin bet and predicts a Bitcoin BOOM soon.  Dorsey is an American computer programmer and Internet entrepreneur who is co-founder and CEO of Twitter, and founder and CEO of Square, a mobile payments company.   Watch this short video with CNBC’s Melissa Lee and the Fast Money traders.             Please leave your questions and comments below:

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TECHNOLOGY – How Amazon changed Twitch – Follow Bit-Media on Twitch

Websites such as Twitch, YouTube and Microsoft’s Mixer are capitalizing on livestreaming – Twitch is now leading the competition when it comes to livestreaming gaming and esports.  Watch the video below on how Amazon has changed Twitch. Also subscribe to Bit-Media on Twitch to keep informed on the new digital economy.           Please leave your questions and comments below:  

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Mining Bitcoin on IoT Devices

In a recent report by CNBC, it was highlighted that 15,000 internet-connected devices could be hacked to mine approximately $1000 within 4 days.       The demonstration was run by Avast, which is based in the Czech Republic, at the Mobile World Congress in Barcelona last week. They had a number of devices running on a network powering a cryptocurrency mining software in a demonstration of how IoT, Internet of Things devices, can be hijacked by hackers and turned into mining cryptocurrencies.     According to CNBC, “Both crypto-mining…

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Protect yourself – 90% of Bitcoin Value could be wiped out

Wall Street veteran Peter Boockvar predicts an epic crash will hit the cryptocurrency market, he does not know how and when but he is convinced it is upon us.   Boockvar is the chief investment officer at Bleakley Advisory Group and was interviewed by CNBC, “Futures Now.”  – “When something goes parabolic like this has, it typically ends up to where that parabola began”   “I wouldn’t be surprised if over the next year it’s down to $1,000 to $3,000” he added. That would be a 90% drop from current levels…

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Cryptocurrency Market Cap over $347 Billion

2017 has been the year of cryptocurrency.  The market has grown in value by 1850% since 1 January 2017 as Bitcoin and some cryptocurrencies have rocketed in price.  The Bitcoin meteoric rise is being reported by mainstream media daily sparking interest across the globe.  One of the drivers of the Bitcoin price is certainly the news that the CME Group, the world’s largest options exchange, integrates its Bitcoin futures exchange by 17 December and open to trading the following day.  The CBOE (Chicago Board Options Exchange) announced plans for Bitcoin contracts…

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