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Bitcoin Daily: Citibank Analyst Says Bitcoin Will Hit $318K; Pakistan SEC Exploring Digital Asset Regulation; Binance Discontinues BGBP Stablecoin

PYMNTS

A Citibank senior analyst predicted that bitcoin could reach $318,000 by December 2021 in a report written for Citibank’s institutional clients, according to CoinDesk. Thomas Fitzpatrick’s report was leaked on Twitter Friday (Nov. 13) by user “ClassicMacro,” who noted in a tweet , “there is no edge in guessing targets so far in time with TA.

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‘Bitcoin Queen’ Margaux Avedisian Joins Bank Innovation 2018

Bank Innovation

Margaux Avedisian, executive vice president of Transform PR, has been on top of the bitcoin world for years now — centuries in cryptocurrency terms. EXCLUSIVE- If 2016 was the year of blockchain in financial services, the boom in cryptocurrency values in 2017 brought the banks’ attention back to the world of tokens and coins.

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What is the State of Banking Innovation in 2017?

Bank Innovation

What is the state of banking innovation today? Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. This year, the pressure for banks to innovate is high, as banks no longer […].

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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

PYMNTS

Lloyd’s Head of Innovation Trevor Maynard said per the report that the British insurance company is the “natural home for insurance innovation because of the unique ability of syndicates to collaborate to insure new things.”. million from a group that included Mitsubishi UFJ Capital as well as Bank of Tokyo Mitsubishi UFJ.

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Bitcoin Daily: Aussies Can Purchase Crypto Via Cash; Bitcoin Struggles To Stay Above $4K

PYMNTS

Leading crypto exchange Binance announced the launch of Binance Lite Australia, which allows Aussies to buy bitcoin with cash. The offering is Binance’s first fiat gateway on the blockchain continent, providing a cash-to-bitcoin brokerage service via a network of more than 1,300 supported newsagents across Australia.

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Bitcoin Daily: Binance Denies Reports Of Police Raid; Blockchain Expands To Gaming Payments

PYMNTS

In other Binance news, the crypto exchange announced that it has acquired India-based bitcoin exchange WazirX , which will allow customers to buy and sell crypto with Indian rupees on the Binance Fiat Gateway. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

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Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

PYMNTS

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. This latest sextortion version is using a Litecoin wallet address instead of bitcoin to evade detection,” Johnson wrote.

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