Bitcoin to $1 million? Why it could happen

  • Wences Casares, CEO of bitcoin start-up Xapo, told The Wall Street Journal he thinks one bitcoin will be worth between $500,000 and $1 million in one decade.
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  • At a time when bitcoin prices are falling sharply, at least one cryptocurrency advocate thinks the long-term direction is up-way up.
  • Since early March, bitcoin has lost a third of its value, most recently on the heels of a reported crackdown by the People’s Bank of China .

At a time when bitcoin prices are falling sharply, at least one cryptocurrency advocate thinks the long-term direction is up—way up.

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Bitcoin Group delays public listing on Australian Stock Exchange

  • The Bitcoin Group wants to become the second listed bitcoin entity in Australia.
  • The company has been seeking to become the second listed bitcoin entity in Australia.
  • The Bitcoin Group has delayed its public listing on the Australian Stock Exchange in order to provide further information about the currency to the exchange.
  • In 2014 digitalBTC became the first bitcoin company to be listed on the ASX.
  • Bitcoin is a form of digital currency that involves complex computer processing in order to generate more currency, in a processing known as “mining”.

Digital currency ‘miner’ has another setback, telling investors ASX has requested additional information
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