Now Australians Are Buying Cryptocurrency along with Newspapers

Now Australians can buy a newspaper while going to work and get a couple of bitcoins for the change. All of this is possible due to Bitcoin.com.au cryptocurrency exchange, which introduced the possibility of buying BTC and Ethereum for fiat money. The service became available on the 1st of March in more than 1200 newsstands.

“The fact that you can now buy Bitcoin and Ethereum from the same place you purchase soft drinks and stationery really speaks to how institutionalised cryptocurrency has become […] For anyone who has hesitated about buying Bitcoin because it all seemed too complicated, this is the perfect setup that takes the fear factor out of investing in digital currencies” —  the CEO of Bitcoin.com.au Rupert Hackett pointed out.

It should be noted that the Bitcoin.com.au exchange has been operating in the cryptocurrency market for more than a year and a half, and the site has acquired support for operations with Ethereum since the 1st of March.

According to Hackett, in order to get cryptocurrency in a kiosk, you only need to get an electronic wallet. The shop assistant will scan the corresponding QR code on the user’s device and the purchased coins will be transferred to the buyer’s account within 20 minutes.

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Analyst: Bitcoin Price Will Exceed $100,000, Or Even $400,000

Bitcoin price is something that many analysts had tried to predict but failed. Nevertheless, some of them still please a crypto community with predictions of 5- or even 6-digit numbers. Naeem Aslam, the Chief market analyst in Think Markets, feel assured that BTC price will fly up to as much as $400,000.

In the blog post, Aslam expressed his opinion considering the current rate of the first cryptocurrency. From his point of view, investors, especially long-term ones, should not worry about the $4000 mark. During the next bull run, the price will definitely rise up five times. First, it will reach the previous all high-time, which is $20,000 and then head for its low-end target of $100,000. A high-end target of $400,000 will also be possible as the price will surge in 20 times, as it was in 2017 when the price ran from $1000 to $20,000.

Naeem Aslam also stated that such high prices are not a joke:

“This number is not a fool’s paradise. $400,000 is a simple math calculation: approximate percentage projection of the price which we experienced during the last bull run.”

At the beginning of December 2018, he told that Bitcoin had been very close to finding its bottom. Moreover, he thought that panic around the price of the first cryptocurrency only proves it.

Tom Lee made his prediction about the Bitcoin price about a week ago. He said that Bitcoin would enter the bullish market and repair itself in 2019. More information about his prediction is here:

Tom Lee: Bitcoin Bull Market Is Coming in 2019

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North Korean Cheollima Civil Defense Sells Visas in Crypto To Take On Kim Jong-un

A revolutionary North Korean organization that calls oneself Cheollima Civil Defense is currently working on ousting nation leader Kim Jong-un and the government of the country. Free Joseon, another name of the group, announced that they are going to sell visas to the new country starting from Sunday.

The supporters of Free Joseon can purchase visas in Ethereum, one ETH is the price for the first 1000 visas, which will be issued on the blockchain technology using ERC-721. The official site of the organization stated that visas can be traded and sold. If a customer wants to have business activity in the new free country, they have to contact the group to get an advanced visa.

Source: CCN

The visa allows a person to enter “Free Joseon” just for 45 days at a time. Such visas are called “G-Visas,” you can see the example in the left. And the letter “G” means “Genesis”.

The contract address is 0x9044c1f34f29d19558c11662cb2de79f858347d9. About seven visas were already bought.

Cheollima Civil Defense took all responsibility for action against North Korea, including graffiti slogans on the fence of the North Korean embassy in Malasia. They are also responsible for saving the son of the assassinated Kim Jong-Nam – a half-brother of Kim Jong-un.

Source: Chosun

The organization is doing everything secretly as they are afraid of having their identity revealed. There is a note on the official site, which states:

“The identification of even a single member could lead to the identities of others. Several of us have already escaped their attempts on our lives and that of our families. Many of our compatriots and their relatives have not been as fortunate. And any left surviving in concentration camps would surely face execution if the identities of their family members were dissidents were made known.”

We remind you:

North Korean Hackers Got Hold of More $500 Million in Crypto

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Binance To Launch Property Auction, Buyers Can Use BTC and BNB

One of the most famous crypto exchanges in the world – Binance – is launching a live property auction partnering with real estate auctioneer James Pratt Auctions (JPA). From now on, potential buyers can purchase real estate using Bitcoin or Binance Coin. The auction takes place on April 8.

The auction will sell a luxury, beach-front mansion in Casuarina, New South Wales.  Its area accounts for 412 square meters, including 5 bedrooms, 3 bathrooms, a heated 25-meter pool. The house provides a full Google Home automation, solar system, and a key-less entry system.

The auction was confirmed by the CEO of Binance, Changpeng Zhao, using hashtag #useBNB. He thinks that such auction will help to integrate digital assets in society much faster.

The CEO of JPA is very excited about this collaboration saying:

“This process gives the consumer another option to consider when purchasing real estate. For the vendor, it can help attract a whole new kind of buyer … There is a large audience internationally excited by this.”

Such purchase will not be the first in history; however, possible to buy real estate property in Binance Coin is something new. Using this method of payment will definitely cause BNB Coin to rise and adopt it massively in other spheres of life.

According to the CoinMarketCap, Binance Coin places the seventh place in Top 100 cryptocurrency with the market capitalization of more than $2 billion. The price at the time of writing is $15.28. Since the beginning of 2019, the rate of the coin is constantly growing, it has already increased by 2.5 times since January 1.

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A Large IT-Company Begins Accepting Cryptocurrency

An American company Avnet which is on the list of the largest technological organizations version of Fortune 500 announced that they are ready to accept digital coins including Bitcoin as payments. This was made possible because of a BitPlay service.

It should be noted that Avnet has also begun collaborating with Bitcoin.com. The main purpose of which is the development of a brand new cold wallet. It will provide the highest level of transactions safety and the storage of different digital coins.

Nevertheless, we shouldn’t forget the “dark” past of BitPay service. At the beginning of last year, representatives of large cryptocurrency communities called not to use its services.

The fact is that the workers of this service unilaterally without any negotiations with Bitcoin developers refused to support BIP21 and introduced a little known BIP70. Since 2013 it is of ill report because with its help BTC “blacklists” were created.

We want to remind you:

BitPay Transactions Surpasses $1B in 2018, B2B Payments Records 225% Increase

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Will Ethereum Be Able To Increase By 250% By December 2019? Price Analysis

The price of second famous cryptocurrency – Ethereum – has always been a hot topic in the crypto world, therefore let us look at future prospects of its price and the potential to fly up by 250% by the end of the year.

Constantinople & St. Petersburg

The Ethereum network had two major “maintenance and optimization upgrade” upgrades in February 2019, the blockchain was divided into Constantinople and St. Petersburg. The former is a so-called preparation of changing the structure of the blockchain, it allows a high number of TPS with low energy consumption. Moreover, it encourages savings with the help of increasing the value of token in circulation.

While St. Petersburg was meant to delete the Ethereum Improvement Proposal (EIP) 1283 – a former Ethereum upgrade. During 2017-2018 the main weakness of Ethereum was handling only 20-25 transactions per second. Due to these upgrades, it is slowly vanishing giving hope for the coin to get higher in price and productivity.

A 250% Increase is Real or Not

If we talk about a 250% increase, we should understand that the coin has to reach the $500 level, which was in July 2018.

Source: Invest In Blockchain

To reach such a high price the bull market will have to overcome several resistances, which makes such an increase unlikely to happen.

Source: Invest In Blockchain

As we can see from above, the market will come across bearish .618 and .886 Fibonacci Retracement levels at $170 and $208. These two short-term bearish retracements are enumerated from the highest price in November and the lowest price in December.

Furthermore, the crypto market will meet resistance at bearish .382 and .5 Fibonacci Retracement levels (red color) priced at $247 and $298. These digits were measured from the July 2018 high to the December 2018 low.

The market will definitely have to overcome resistance around $350 level, and then go higher at $357, $349, $400, $420, and $465. From today’s bearish market, it is clear that Ethereum is not able to have a 250% increase.

Ethereum Price Now

According to the CoinMarketCap, Ethereum takes the second place in the list of Top 100 cryptocurrencies with the market capitalization of more than $14 billion. In a 1-month period, the coin did not show any significant fall or increase in price. The price at the time of writing accounts for $139.

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When Will Finally Growth Happen? Or Fresh Forecasts of Cryptocurrency Analysts

As we all remember, the 2018th year was far from the best in the history of Bitcoin as well as other cryptocurrencies. For the previous year, the first cryptocurrency slipped from $20,000 to $3,200. As of this writing, one BTC coin costs $3,940.

Perceptible revival in the cryptocurrency market has provoked another dose of optimistic statements from analysts. Let’s take a look at what professional traders and cryptocurrency market experts are saying about the immediate prospects for the Bitcoin rate.

Leah Wald

A professional trader, and in the past, World Bank economist Leah Wald, claims that the rate of the main cryptocurrency will fall to a critical level of $1,500, and only after that, new growth can begin, up to $6,500. But the user with the nickname Filb Filb doubts her prediction and claims that BTC has already “found its bottom” and now only the growth up to $6,000 and higher is waiting for us.

Leah Wald is confident in her forecast, so she decided to make a bet with her opponent – in case her prediction turns out to be wrong, she will have to transfer 1 Bitcoin to the user Filb Filb.

Cane IslandCrypto

An analyst from Texas, who is known on Twitter under the nickname Cane IslandCrypto recently published his own vision of the BTC price behavior in the coming years. So, he believes that a long and confident uptrend is waiting for us:

  • until the end of 2019, the BTC course will be $7,800;
  • in 2021 – $28,627;
  • in 2023 – $93,382;
  • in 2026 – $471,532.

He is confident that the bear market is over and only growth is waiting for us in the coming years.

Canaccord Genuity CapitalMarkets

A group of leading analysts of Canadian financial institutions Canaccord Genuity CapitalMarkets has a similar opinion about the rate of the first cryptocurrency. They believe that in two years Bitcoin will return to its peak values and go higher.

To create the own Bitcoin price chart, analysts were guided by historical data for 6 years (from 2011 to 2017). After analyzing the behavior of BTC, they came to the conclusion that at the moment the price of the asset has already “found the bottom”. And in the near future, the BTC course should start its growth.

Conclusion

If we analyze this information, we can conclude that the mood of market participants is beginning to change for the better. So far, the Bitcoin rate shows growing, even though slow: in recent months it has grown from $3,200 to $3,940 and continues to ascend. The nearest psychological mark is at the level of $4,000 – $4,100.

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