$25,000 in 2018: Bitcoin Bull Tom Lee Sticks to Strong Forecast Despite Failed Prediction

Widely followed cryptocurrency analyst Thomas Lee’s short-term market forecast may not have materialized, but he’s sticking with his bullish long-term prediction despite the setback. If anything, Fundstrat Global Advisors’ Lee is digging in his heels even further, reportedly reiterating his forecast for a $25,000 BTC price by year-end. What Happened Lee placed …

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Cryptocurrency Exchange Huobi Poaches CEO from Major Rival OKEx

Former OKEx CEO Chris Lee has joined rival cryptocurrency exchange Huobi as its vice president of global development, just days after stating that he was leaving his former employer so that he could spend more time with his family. Huobi made the announcement on Monday, explaining in a statement that …

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Startup Teams Samourai Wallet on App to Trade Bitcoin Without the Internet

GoTenna, a decentralized startup, has teamed with Samourai Wallet, a bitcoin wallet focused on privacy and security, on an app that allows users to trade bitcoin when not connected to the web. The TxTenna app marks an effort to further decentralize the bitcoin network, according to Richard Myers, a goTenna …

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‎₽750 Million: Russia’s Largest Bank Buys Commercial Bonds on a Blockchain

The investment and corporate banking arm of Sberbank and telecom giant MTS have laid claim to conducting Russia’s first commercial bond transaction using blockchain technology. In an announcement, MTS revealed it had placed commercial bonds worth RUB 750 million (approx. $12 million) on a proprietary blockchain platform provided by the …

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Reshaping Shopping with Blockchain and AI — OSA DC Launches Token Sale

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the …

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This Mosque Could Be Britain’s First to Accept Crypto for Alms-Giving During Ramadan

Masjid Ramadan or Shacklewell Lane Mosque in London is taking a forward-thinking approach to the Islamic practice of Zakat and Sadaqah, alms-giving. Based in Dalston (Hackney), East London, Shackwell Lane Mosque is the UK’s first Turkish-owned mosque, managed by the registered charity UK Turkish Islamic Trust. CCN spoke with the mosque …

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