30 June 2016

Headlines Recession Woes Are Far From Over Despite Brexit RecoveryThe Brexit is raising a lot more questions than we have answers at this time. Despite turmoil on the stock and fiat currency markets, there is no significant altercation to speak of. The so-called Brexit “fear’ has not materialized yet, albeit this could be a period […]

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29 June 2016

Headlines This A16z Startup is Building a ‘Virtual Galaxy’ for Bitcoin NodesThe developers of an effort to create a distributed network of servers called Urbit is hoping to help make it easier for users to run bitcoin nodes. Bitcoin Price Watch; Here’s What’s On This EveningThings are drawing to close in the European session, and it’s […]

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28 June 2016

Headlines The Inventor of the Merkle Tree Wants DAOs to Rule the WorldCryptography pioneer Ralph Merkle recently returned to the crypto community to advocate for the spread of what he calls “DAO democracy”. Kraken Acquires Dutch Bitcoin Exchange CleverCoinBitcoin exchange Kraken has announced the acquisition of Dutch bitcoin exchange CleverCoin. to its expansion after previously […]

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27 June 2016

Headlines Investment Advisors Suggest Bitcoin as a Long Term AssetThom Lachenmann and Parke Shall, advisors at Orange Peel Investments, have invested in bitcoin and suggest investors take a small position in the asset for the long term. Writing in Seeking Alpha, they noted that the Brexit referendum is a sign that bitcoin will become a […]

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26 June 2016

Headlines Fixing Bitcoin’s Big UX ProblemFreemit co-founder and COO Richard Svinkin argues that the bitcoin industry’s attempts to revamp the user experience have so far been misguided. Bitcoin Price Weekly Analysis –BTC/USD Facing Major ResistanceKey Points Bitcoin price after declining close to the $540 level against the US dollar managed to recover well. BTC/USD traded […]

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25 June 2016

Headlines Understanding The DAO AttackBlockchain strategist David Siegel gives a step-by-step overview of the attack on The DAO for journalists and media members. Drug Sales and Bitcoin Usage On Dark Net IncreaseThe dark net has always been one of those places where Bitcoin is most commonly used for transactions. Although the dark net is filled […]

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24 June 2016

Headlines Bitcoin Rollercoaster Rides Brexit As Ether Price Holds Amid DAO DebacleBitcoin and ether prices rode a rollercoaster during the week ending 24th June, a period defined by the UK’s vote to leave the European Union. Brexit Wins, BTC Goes Up, and DAO Hacker Makes First ContactThis week was packed with geopolitical and geoeconomic shocks […]

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23 June 2016

Headlines Bitcoin Startup Circle Raises $60 Million for China ExpansionCircle, the bitcoin blockchain-centric peer-to-peer payments firm, has raised $60 million in a new funding run from investors in China and has revealed the formation of ‘Circle China,’ based out of Beijing. Blockchain-based payments company Circle has announced a new series round of funding which sees […]

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22 June 2016

Headlines Ether Prices Fluctuate Wildly Amid Ethereum Fork ConcernsThe price of ether, the native digital asset powering the ethereum network, has fluctuated wildly over the last few days as its developers struggled to determine how to resolve the loss of investor funds at one of the platform’s signature projects. At issue is the loss of […]

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21 June 2016

Headlines Eternity Wall Records 1,150 Documents on Blockchain In First YearRecording messages on the blockchain allows information to be stored forever. Eternity Wall is one of the projects focusing on this type of service, and they are celebrating their first birthday. There are many benefits to recording brief messages on the blockchain; as it is […]

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20 June 2016

Headlines Investor Tim Draper is Still Buying Bitcoin and Now Owns EtherTwo years after buying roughly 30,000 BTC, investor Tim Draper is still passionate about the technology as well as competing blockchain offerings. Bitcoin Foundation Names South African Investor as New DirectorBitcoin’s oldest trade organization has voted in a new, relatively unknown executive director. Why […]

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19 June 2016

Headlines Blockchain and Payments Infrastructure: A Regulator’s Dilemma?Epiphyte’s Gabrielle Patrick discusses the balancing act faced by regulators in a fast-changing world and how bitcoin’s blockchain could help. Bitcoin Price Weekly Analysis –BTC/USD Above $700 Is Real?Key Points Bitcoin price continued to move higher and settled above the $700 mark against the US dollar. Many traders […]

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18 June 2016

Headlines DAO Ether Hacker Warns Against Hard ForkA Twitter post from someone claiming to be the DAO attacker who has taken 3,641,694 ether has thanked the DAO for this reward, has justified the action as being consistent with the DAO smart contract terms, and is warning that any attempts to deploy a fork in Ethereum would […]

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17 June 2016

Headlines Canada’s Central Bank Is Working on a Blockchain-Based Digital DollarIn a revelation on Wednesday, the Bank of Canada – Canada’s central bank – said that it is developing a digital currency called CAD-Coin, in collaboration with Canadian banks and New York-based blockchain startup R3. In a private presentation during the payments industry conference Payments […]

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16 June 2016

Headlines Bank of Canada Demos Blockchain-Based Digital DollarThe Central Bank of Canada revealed yesterday it is developing a digital version of the Canadian dollar based on blockchain technology. Bitcoin Price Watch; Volatility Ahead…It’s that time of the day again, as the European session draws to a close and the US afternoon kicks off. Volume generally […]

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15 June 2016

Headlines IMF Economist Examines Bitcoin Blockchain’s Role in BankingThe IMF has published an article that looks at the pros and cons of bitcoin’s blockchain technology in the banking and trading sectors. Allianz Tests Blockchain to Boost Catastrophe Bond TradesGermany-based insurance giant Allianz has tested how blockchain-based smart contracts could be used to handle catastrophe swaps […]

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14 June 2016

Headlines Observation: As Rigid Rules To Prop National Currencies Fail, Bitcoin Gains FavorDaniel Jennings, a contributor to Seeking Alpha, claims that rigid currency rules in some countries, such as China, Egypt and Zimbabwe, are pushing demand for bitcoin, boosting its price. He says national currencies may no longer be viable in some countries. Many financial […]

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13 June 2016

Headlines New York Regulators Grant Second BitLicense to RippleSan Francisco startup Ripple has become the second blockchain firm to receive a BitLicense in New York. Gaming Payment Platform ‘Breakout Coin’ Launches Coin SaleBreakout Coin, an in-game staking mechanism, cryptocurrency payment and loyalty platform on the Breakout Chain blockchain, will launch a public coin sale at […]

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12 June 2016

Headlines Newsflash: Bitcoin Price Bulldozes toward $650, Already at 2-Year HighBitcoin price has gained plenty of ground in an explosion of demand due to Chinese buyers, easily spiking over 10% of its trading value in USD in a 13-hour period that began late Saturday night leading into Sunday noon (UCT). Bitcoin price rang the $600 […]

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11 June 2016

Headlines Is Bitcoin’s Price Performance Drawing Mainstream Traders?Is bitcoin’s recent price increase drawing the interest of mainstream traders? Bitcoin Price In The BalanceBitcoin price continues slowly losing altitude below $580 (Bitstamp). The likelihood of decline remains, although we must acknowledge the possibility of a low-liquidity weekend spike to the upside. This analysis is provided by […]

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10 June 2016

Headlines Bitcoin Price Watch; Here’s What we are Looking at This MorningWell, we have come to the end of the week in the bitcoin price, and it’s time for our penultimate price watch analysis. It’s Friday morning, and a look back at action across the week so far shows a pretty flat few days, with […]

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9 June 2016

Headlines Should the DAO Hire Professional Consultants?Decentralized organizations have a tendency to require much input from very few people, with the vast majority relying on their free and voluntary work. However, as they provide their input due to simple interest, they may be unwilling to take a fully comprehensive and professional approach. The volunteers eventually […]

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8 June 2016

Headlines Bitcoin Featuring FinTech Platform Stripe Lands in FranceFrance is a country of conflicts and odd decisions at times. Albeit the Front National wants to ban Bitcoin altogether, yet Fintech startup Stripe is now available in the country. Among the many supported payment options for Stripe, customers are Apple Pay, Alipay, and Bitcoin. The expansion […]

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7 June 2016

Headlines Bitcoin Compact Block Relay is an Upgrade to Reduce Propagation TimesBitcoin Core has published an FAQ section regarding the most recent Bitcoin Improvement Proposal (BIP), we are talking about the BIP 152 named Compact Block Relay, the upgrade is poised to reduce the bandwidth and the time it takes for a block to propagate through […]

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6 June 2016

Headlines Chain CEO Urges Central Bankers To “Run” Towards BlockchainAdam Ludwin, chief executive officer at Chain, a San Francisco, Calif.-based startup that partners with businesses like Visa and Nasdaq to provide blockchain networks, explained how blockchains work and urged bankers to embrace the technology during a keynote address at the International Conference on Policy Challenges for […]

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5 June 2016

Headlines Gaming Giant Steam Disables Bitcoin in RussiaSteam, a platform that offers instant access to games globally, is no longer accepting bitcoin in Russia, according to customers in the country. There was nothing about the change in policy for Russia on the company’s website at the time of this report. Steam’s acceptance of bitcoin in April […]

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4 June 2016

Headlines Will Bitcoin’s Block Rewards Halving Bring Crisis or Consistency?With the bitcoin block reward halving approaching, differing opinions on what will happen have emerged among the world’s mining community. DDoS Attacks Target BitGo and Other Bitcoin Wallet ServicesBitGo, the world’s most secure Bitcoin wallet solution in existence today, is facing a strong DDoS attack. The […]

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3 June 2016

Headlines This Might Be Satoshi Nakamoto on Mainstream MediaDave Kleiman made a name for himself as a computer forensics expert before being claimed as co-inventor of Bitcoin by Craig Wright, the Australian recently verified by Gavin Andresen and Jon Matonis as Satoshi Nakamoto.   The veteran Kleiman, if he were co-inventor of bitcoin, never used […]

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2 June 2016

Headlines BTC Price Technical Analysis for 6/02/16 – Short-Term Area of InterestBitcoin Price Key Highlights Bitcoin price is pulling up from its recent slide but could be in for more gains if sellers hop in the short-term area of interest. Support at $555 was previously broken and might hold as resistance moving forward. Technical indicators, […]

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1 June 2016

Headlines Bitcoin Price Analysis: Short-Term BearishBitcoin price holds a sideways course since the $550 high, and a brief advancing wave has paused at the time of writing. Some bearish technical indications are evident in the chart, but be cautious of selling just yet. This analysis is provided by xbt.social with a 3-hour delay. Read the […]

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