Tim Draper Maintains Bitcoin Prediction of $250,000 by 2020, Star Trek's William Shatner Tweets in Support of Buterin & Other News

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Don't Miss The Top Five Stories From The Last Week Tim Draper Stands by His Bitcoin Price Prediction of $250K in 2022 What is this all about? Venture capital investor Tim Draper reaffirmed his prediction that the BTC price will experience a 40 times return in a span of four years and reach $250,000 How is that possible? Draper said that the industry merely needs to make it so that "Bitcoin could be used to buy Starbucks coffee" and the world will "open up." Read more here Bitcoin Cash Spikes 20 Percent in the Wake of the Upcoming Hard Fork Backed by Binance What happened? Bitcoin Cash, the fourth largest cryptocurrency by market capitalization, has grown sharply, from $473 to as high as $573 in the last week, which is the highest trading point of the cryptocurrency over the past month Why did it happen? The fourth largest coin is up around 30 percent over the past 7 days in the wake of the now, second largest global crypto trading platform, Binance, recent announcement of support for Bitcoin Cash's upcoming hard fork. Details here Elon Musk Impersonators Flood Twitter With Fake Crypto Giveaways What happened? Several verified Twitter accounts have been hacked to impersonate Elon Musk with one reportedly collecting almost $170,000 How is that possible? After compromising verified accounts with the blue check mark, scammers would change the name and picture to appear to be Musk, asking in comment threads for people to send them small amounts of crypto in exchange for more crypto sent back in a fake "giveaway." Read more here Star Trek's William Shatner Tweets Thumbs up in Support of Vitalik Buterin What is this all about? William Shatner, the former fictional Captain Kirk in the sci-fi series Star Trek, has "schooled" a crypto troll in defense of Ethereum co-founder Vitalik Buterin, which has led to backlash from crypto Twitter about the alleged centralization of Ethereum's network What was the feedback? The 87-year-old Shatner quoted ERC standards in response to the backlash, receiving kudos from other crypto Twitter participants for his seemingly in-depth knowledge of the network. Read more Joseph Lubin Thinks Blockchain Will Take "A Little Longer" to Develop Than the Internet What is this all about? In an interview this week, Ethereum co-founder Joseph Lubin said that blockchain will "probably take a little longer" to develop than the Internet, because it is "much more complicated What is this comparison based on? Lubin, who is also the creator of ConsenSys, noted that blockchain is developing similar to the web, due to its exponential growth and the "hundreds of projects" to date. Lubin also said that DLT will be able to "permeate society more than the Internet" and will make way for Web 3.0. Read more here. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. COINTELEGRAPH LIMITED · Shelton Street, Covent Garden · London