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Pantera Capital’s CEO Dan Morehead pointed to a potential Bitcoin price move to $356k within three years based on past trends of BTC price movements on a logarithmic scale. Morehead’s math also indicated that Bitcoin price targets $42k in 2019.
WeWork Cos. is looking to go public in September, people familiar with the company’s plans said, in what’s expected to be the second-biggest initial public offering of the year. The only bigger IPO would be the one of Uber.
Justin Sun postponing charity lunch with Warren Buffett caused rumors that he was held in China based on charges of gambling and spreading pornography. Sun broadcasted a live video from San Francisco to disprove reports.
TRON and BitTorrent CEO Justin Sun just postponed his lunch with Warren Buffett due to sudden health complications just three days ahead of the meeting, according to a post on Weibo.
Tinder is the latest app to join the growing revolt against the fees charged by app stores, with the launch of a new payment process that bypasses the Google Play Store. Google used to take 30 percent cut.
Roth Capital analyst thinks that Tesla (TSLA) stock could trade in a range. He points out that the company needs to finds a solution to fight the margin challenges arising out of higher battery costs and the growing competition.
Facebook thinks that Switzerland’s data protection commissioner should oversee Libra’s stated commitment not to monetize users’ data in the way that Facebook makes profit from selling personal information to advertisers.
After many delays and uncertainty, finally, Bakkt’s Bitcoin Futures launched the user acceptance tests. The mission is to support the development of trusted infrastructure for securely transacting in the new market for digital assets.
eToro’s research showed that 16% of people surveyed knew what Libra was, eclipsing awareness of Ethereum (12%) and other cryptos such as Litecoin and XRP which were found to be known by even fewer people.
Allegedly, Fidelity’s cryptocurrency investment arm filed an application with the New York Department of Financial Service (NYFDS) and if approved the institutional brokerage will be allowed to offer crypto-custodial services in the state.