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Bitcoin Veteran Bobby Lee Suddenly Makes $200,000 BTC Price Prediction

  • Alex Dovbnya
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    While pitching his new cryptocurrency wallet startup Ballet, Bobby Lee, the founder of the very first Chinese crypto exchange, has made a bold Bitcoin price prediction 

Bitcoin Veteran Bobby Lee Suddenly Makes $200,000 BTC Price Prediction

Bobby Lee, the former CEO of BTCC, with Ballet, is done going on vacations after selling the first Chinese exchange for an eight-figure sum. The cryptocurrency veteran has announced a new cryptocurrency startup that will make it easier for the average Joe to spend crypto.

There are a lot of people who come to me and say: Bobby, will you help me store my bitcoin for me?” Lee told Yahoo Finance.

Ballet will roll out “card-sized” Bitcoin wallets that regular people will comfortable with. REAL, the first product released by the company, allows its users to store their private key offline, thus eliminating the possibility of a hack. REAL will be available to beta testers in the coming weeks at a promotional price of $29.

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Analyst Predicts When Bitcoin Price Will Hit $100,000 Based on Power-Law Growth Model

Analyst Predicts When Bitcoin Price Will Hit $100,000 Based on Power-Law Growth Model

As reported by U.Today, Lee claimed that Bitcoin was still a good investment in 2018. This time around, he suggests that BTC could even go to even $200,000.

We are in one of many, many cycles to come. Any cycle will take us to higher and higher heights. I’m quite confident sitting on my bitcoin investment that in a very short amount of time we’ll exceed $20,000 and go to $50,000, $100,000, even $200,000.”

Cover image via twitter.com
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Ripple-Backed Coil Startup and Mozilla Launch $100 Mln Fund to Let Content Makers Earn

  • Yuri Molchan
    📰 News

    Coil startup founded by a former Ripple CTO joins forces with Mozilla, Creative Commons to set up a $100-mln fund that would allow content makers to monetize their content and users to directly encourage web authors they like

Ripple-Backed Coil Startup and Mozilla Launch $100 Mln Fund to Let Content Makers Earn
Contents

As reported by Prenewswire and Coil itself on its official Twitter page, the Ripple-supported startup founded by a former Ripple CTO Stefan Thomas has partnered with such major companies as Mozilla and Creative Commons.

Together they are launching a fund that would provide a $100-mln grant to let content makers earn money on what they produce for various platforms on the Web. Users will also be able to support content valuable for them with cash - something which has not been technically possible to be done directly on platforms since the appearance of the Internet.

Heading for the decentralized Internet

The new fund will be dubbed Grant for the Web. It is going to tackle some crucial issues regarding user privacy and their personal data, fake news spreading, etc. The fund will be working as part of the broader Web Monetization initiative.

The grant of $100 mln will enable developers and content makers to introduce new standards and alternative business models that would let benefit both makers and consumers of online content. The fund will encourage independent creators and help increase inclusion.

The money for the grant will be totally provided by Coil with contributors from Creative Commons and Mozilla helping to implement the initiative. The startup also welcomes those who want to join in and assist in this project.

As per reps of the fund, Coil has developed an add-on for Mozilla Firefox and a desktop extension for Google Chrome (since Firefox uses the Google search engine by default). They also mentioned that in the future collaborations will be struck with other web browsers to get them to participate in the Web Monetization.

As reported by U.Today earlier, recently Ripple took part in an investment round of Coil and also supported the startup with a 1-mln XRP grant.

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The community’s reaction to the news

Some in the community are curious how long it will take to see the first results, like will it be five years or faster, longer.

Grant for the Web replied that the fund is going to run for more than five years. Numerous grants, rewards and initiatives are planned over that period with results to be shared with the community.

Cover image via www.123rf.com
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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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