CCTL owns Bitcoiner7.com (www.bitcoiner7.com) which is one of the oldest and most established Bitcoin businesses in operation today, having developed a reputation based on reliability and stability, allowing users to trade with confidence.
Bitcoiner7 is a functional Bitcoin exchange allowing buyers and sellers to meet in a secure cyber marketplace. The fully functional platform is currently signing up members and will launch in the USA after it obtains the required MTB (money transmitter) License.
CCTL will also ultimately operate Bitcoin ATM's connecting bitcoiner7.com members with ATM/cash conversion and withdraw convenience.
Additionally, CCTL intends to seek other opportunities to provide services and resources to the high growth, rapidly evolving cryptocurrency landscape.
CCTL started the year off strong with their January announcement regarding the installation of its first Bitcoin ATM.
The ATM located at the Woodland Hills, California corporate headquarters of CrowdGather, Inc, is the Satoshi1 cryptocurrency vending unit manufactured by San Diego based, Genesis Coin (www.bitcoinatm.com).
Said CCTL CEO Bill Schaefer: "This installation represents the official launch of our activities while we prepare for the filings we must complete in order to receive our MTB license. Once these applications are accepted, we intend to reopen our leading edge online exchange platform, Bitcoiner7.”
The future looks bright for CCTL and we expect more big announcements from this up-and-coming company in the very near future.
Market Outlook:
'Q4 2014' saw a record-setting $130m of new venture capital invested in bitcoin startups – nearly double the $64m raised in third quarter.
To date, a total of $433m has now been invested in bitcoin startups since 2012, with 77% of that total ($335m) coming in 2014 alone. The 2014 publicly disclosed venture capital investment in bitcoin startups also equals three times more than the total investment made in bitcoin startups in 2013.
The number of countries that received venture capitalist investment grew from 8 to 18 in 2014, with half of the new countries receiving investments in 2014 located in Europe.
The bitcoin world got a huge push yesterday when it was announced that Kentucky Senator and Republican presidential candidate Rand Paul is set to appear at a digital currency-focused event in New York City this weekend.
Paul made headlines earlier this month when he became the first presidential candidate in the 2016 race to begin accepting bitcoin donations.
The announcement sparked debate among commentators divided as to whether Paul stands to gain from embracing digital currency or if other candidates would follow his lead to accept bitcoin donations.
The future is now and it appears that Bitcoin is on the fast-track towards mainstream acceptance.
CCTL is the perfect opportunity to get in on the Bitcoin craze at a ground floor price!
Technical Setup:
CCTL meets all our criteria for a runaway winner!
CCTL found its bottom yesterday, hitting a 52-week low of $0.0132 per share.
Yesterday's -42.31% drop in price created the perfect 'buy the dip' opportunity for traders looking to cash in on what seems like an inevitable bounce in share price.
The float for CCTL may be the lowest we have ever seen at just 256K!
As we mentioned above, low supply + high demand = price explosion.
We anticipate a sky high demand for CCTL shares during today's trading session which could result in huge day gains for traders.
CCTL looks to be well on it way towards being one of the market's biggest day gainers, so make sure you have it up on your trading screen and are ready to trade.
We can't wait to see the type of performance CCTL gives us today!