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Video: Roger Ver: Bitcoin Cash Can Go Up a Thousand Times

Sying Tien

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Roger Ver, founder of bitcoin.com, who’s known as “Bitcoin Jesus,” joins CNBC’s “Power Lunch” team to talk about the cryptocurrency markets, the price of Bitcoin and more.

Professional Trader, Social media scholar and a Crypto expert. If you have any comments, suggestions or questions feel free to contact me at [email protected] and i will get back to you shortly.

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Morocco Warns of Cryptocurrency Risks

M. Ali

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Morocco Warns of Cryptocurrency Risks

During a blockchain conference that was held last week on Rabat, the Moroccan Central Bank’s president Abdel Latif El-Gawahry said he is doubtful that cryptocurrencies can ever become the future of money and trading Bitcoin and other cryptocurrencies is a high risk.

According to the Moroccan news media “Hespress”, during the event, El- Gawahry also expressed doubt that cryptocurrencies could ever become the future of money. He said that Bitcoin lacks the characteristics of a real currency:

El-Gawahry said that despite the fact that he is against Bitcoin, he believes that blockchain technology has changed the way that banks and financial institutions operate today. He also added that he thinks that the blockchain revolution has arrived, and we believe it has the potential to impact the world just as much as the internet has since the 1990’s.

El-Gawahr aslso mentioned that Morocco, in the near future will be improving the local finacial services by applying new technologies such as blockchain.

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New Zealand Police Seize $4.2 Million Worth of Cryptocurrency From a Movie Pirate.

June G. Bauer

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New Zealand Seize cryptocurrency

New Zealand Police have seized $6.7 million New Zealand dollars (around $4.3 M USD) in cryptocurrencies as well as another $1.1 million New Zealand dollars in bank funds from an alleged movie pirate who lives in Hamilton city in the North Island of New Zealand.

According to NZ Herald, a local media outlet, the arrest came following an investigation into alleged online movie piracy in the United States. The culprit name is Jaron David McIvor, a 31-year-old computer programmer and was charged of committing money laundering by receiving millions of dollars from an alleged illegal movie streaming website he helped create.

The money was allegedly deposited into his bank accounts from international wire transfers, PayPal, and another third party payment processor “Stripe”.

According to the report, this seizure is believed to be the first “high value” restraint of cryptocurrency in New Zealand and easily the largest amount.

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Now You Can Earn Free Bitcoin When Shopping With Alibaba Online

Sying Tien

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Lolli-Partners-Alibaba

Now you get up to 5% of your purchase back when you shop with Alibaba. This made possible through a recent partnership agreement between the online retailer giant, Alibaba and Lolli Bitcoin shopping rewards app.

“I’m excited to partner with Alibaba on Singles Day and offer the opportunity to earn bitcoin back to its shoppers. This is a milestone partnership for Lolli as Alibaba is the largest retailer and e-commerce company in the world, launching on Single’s Day, the world’s largest shopping day of the year. Our partnership allows our users to earn free bitcoin on millions of products online every day. Arguably the most important piece of this partnership is that it supports our mission of connecting the entire world through commerce.”

CEO and Co-founder of Lolli, Alex Adelman, said

Lolli is the first bitcoin rewards application that lets people earn & own bitcoin when they shop online. Lolli has partnered with 500+ top brands to help drive sales and conversions on their sites. Lolli’s users can earn Bitcoin by using Lolli after activating and making a qualified purchase on one of Lolli’s merchant partner sites.

The Chinese e-commerce giant Alibaba made yesterday 91.2 billion yuan ($13 billion) in sales during the Singles’ Day event. According to Statista, the annual revenue of Alibaba in 2018 was 250 billion yuan and its estimated be reach 376 billion yuan in 2019.

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