Bitcoin on the way to 100K

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Anthony Pompliano has once again lived up to his reputation as an unshakeable Bitcoin bull. After revising his 100K Bitcoin forecast in July, the co-founder of Morgan Creek Digital explained to CNN in August why he believes Bitcoin is an asset that is set to experience a tremendous increase in value in the foreseeable future.

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Bitcoin trade in Venezuela at all-time high

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In Venezuela, which is permanently plagued by crisis, Bitcoin trading on the P2P platform LocalBitcoins reaches a record volume at the weekend, thus calling the US government into action. The US government has now frozen all state accounts of socialist Venezuela in the USA and confiscated the assets. The dramatic escalation is a consequence of far-reaching diplomatic disagreements between the two countries. It also shows, however, how explosive Bitcoin & Co. have already become in world politics.

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