Month: November 2016

Headlines Bitcoin’s Intrinsic Value DilemmaThis is a sponsored story. There is no shared opinion on whether bitcoins have intrinsic value or not. Some conservative-minded people believe that intrinsic value may only be possessed by seizable assets, although this obviously disregards such inseparable attributes of today’s realities as software or internet. Others assume that intrinsic value […]

Headlines Ethereum Price Falls by More Than 7%Ethereum appears to have entered a bear market with price falling by more than seven percent today. The catalyst seems to be last week’s accidental hardfork where ethereum’s blockchain was split into two due to a bug that caused eth’s two main clients, Parity and Geth, to lack […]

Headlines Senegal Will Introduce a Blockchain-Based National Digital CurrencySenegal will become one of the earliest countries in the world to introduce a national digital currency, based on blockchain technology. Titled eCFA, the digital currency will be legal tender alongside the CFA Franc, the country’s and the region’s national currency, adopted by fourteen countries in the […]

Headlines Will the Bitcoin Scalability Debate Ever End?For almost two years, there appears to be little discussion in bitcoin’s two main public forums other than scalability, an ancient topic, in bitcoin terms, that has consumed our community at the expense of all else. There have been many metaphorical casualties, including high principles, such as the […]

Headlines Bitcoin Advocate Charlie Shrem Joins Private Equity Platform For Digital TokenCharlie Shrem, the founder of BitInstant and vice chairman of the Bitcoin Foundation who served time in jail over alleged money laundering, has joined a new venture called Intellisys Capital which will allow investors to invest in profitable companies by buying a digital token […]

Headlines Bitcoin Price Watch; A Slow End To The WeekThe Friday session is over out of Europe, and things are now pretty much shut down for the weekend. The US markets are out on an early finish, and Asia is well into Friday night by now. This means we’re probably not going to have too […]

Headlines Former Cop Charged with Selling Fake IDs for Bitcoin on the Darknet SWIFT Reveals its Blockchain PoC, Denies It’s ‘a Legacy Incumbent Doomed by DLT’SWIFT, the operator of the platform that facilitates the global interbanking system has revealed a peek at its first blockchain offering, a proof-of-concept (PoC) discussed at its European Operations Forum […]

Headlines Digvijaya Singh: “Terrorists Use Digital Currencies Such Bitcoin”Everyone in the world seemingly has an opinion about Bitcoin these days. Indian Congress General Secretary Digvijaya Singh stated how terrorist flock to digital currencies such as Bitcoin. Moreover, he also affirmed the demonetization effort in India will not affect local terrorist activity. Very unusual statements from […]

Headlines Venezuela Limits Daily Withdrawals to $5; Market For Bitcoin?Setting upon the same path as India, Venezuela has announced a major capital control regime. Starting on December 1, Venezuelans are only allowed to withdraw US$5 a day from financial service providers, banks, and ATMs. For years, Venezuela has been in the midst of a serious […]

Headlines Bitcoin Price Watch; A Fresh Week For Profit!It’s Monday morning, and a brand new week awaits in the bitcoin price. The last week or so was pretty interesting – things ramped up mid-week, and price carved out a few fresh highs. We also saw some temporary corrections, but none large enough to negate the […]

Headlines Bitcoin Has a Political Problem as Soft Fork Becomes Popularity ContestLike the recent US election, tensions within the Bitcoin Community have run high for the better parts of 2015 and 2016 as a rather-minor code change (known as the ‘block size debate’) has become a political race for competing factions, some of which have […]

Headlines A U.S. Trade War With China Might Affect Bitcoin MinersPresident-elect Donald Trump often decried how China sucked jobs out of the U.S. and he offered up the solution of prosecuting trade cases against China for its “unfair subsidy behavior” and currency manipulation. He suggested tariffs as high as 45 percent on its exports. “We […]

Headlines Bitcoin-Friendly Gavin Newsom Leads 2018 California Gubernatorial Race Australian Treasurers Increase Investment in FinTechNot one to remain behind in the FinTech race, Australia is increasing its investments in FinTech in a bid to boost its financial management systems and to improve its status as a leading country in financial technology, according to research from […]

Headlines Bitcoin Pushing through ResistanceEthereum has not yet broken through arc resistance – it just can’t seem to get out of the arc pair, which keeps pulling it down.  So unsurprisingly, ethxbt has fallen through 5th square support of the setup I was using.  This means my setup was too small.  Taking the setup to […]

Headlines Korea Exchange Launches Blockchain-Powered Private MarketThe Korea Exchange, South Korea’s sole securities exchange operator, has launched a new service that utilizes blockchain technology. Bitcoin Price Watch; Is 800 Next?So that’s another day done, and once again it’s been a pretty busy one. We’ve tried to take advantage of some of the smaller price movements […]

Headlines With Vulcan Project, PwC Wants Banks to Rethink BitcoinPwC Australia sheds light on the origins and utility of its newly launched digital asset service Vulcan. Your Lifetime Might Become Money on the Ethereum Blockchain Thanks to this Startup“We are revolutionising both finance and recruitment industry,” says Chronobank CEO Sergei Sergienko, speaking to CCN. “We […]

Headlines Charlie Shrem to Kick Off New CoinDesk Event SeriesCoinDesk is launching a new monthly event series, to take place live at its Times Square headquarters. Bitcoin Thrives as China, India, Zimbabwe Plunge into Monetary ChaosAcross the world, unaccountable, unelected, bureaucrats, continue to mismanage their nations’ money in numerous ways at a high cost for […]

Headlines Bitcoin’s Security Model: A Deep DiveCoinDesk takes a look under the hood to understand what security features are and aren’t offered by bitcoin. The War Between Fintech & Traditional Finance Reaches CrossroadsThe fintech industry finds itself at a crossroads right now. Despite the number of financial institutions willing to work with startups increasing every […]

Headlines Warren Buffett: “US Economy Is Much Softer People Think It Is”Financial experts are on the fence about the current state of the US economy. Many people seem to believe everything is on the right track, but that is not necessarily the case. Warren Buffett issued a clear warning to the rest of the world, […]

Headlines Researchers Suggest New Method to Scale Bitcoin to Paypal Levels of TransactionsA research paper from the Decentralized and Distributed Systems lab at the Swiss Federal Institute of Technology in Lausanne proposes a new protocol, Byzcoin, that can be incrementally incorporated into Bitcoin in a backward-compatible way, allowing the network to handle more than one […]

Headlines Criminal Distribute Locky Ransomware 2014 OPM Data Breach VictimsLocky is one of the most potent forms of crypto-ransomware in existence today. Even though security researchers try to combat this malware, the developers remain one step ahead. In fact, a new phishing campaign distributing Locky ransomware has been discovered, which targets 22 potential victims. All […]

Headlines John McAfee: Bitcoin “Will Become the Standard for the World”John McAfee, a former programmer for NASA during the 70s and creator of the first anti-virus, entered the packed Blockchain Money Conference room to rousing applause. “Information only has value based on who wants to buy the info and its content”, McAfee said, but “Bitcoin […]

Headlines How Blockchain Technology Will Disrupt Elections And Empower IndividualsAs unprecedented charges of rigging have loomed over the U.S. presidential election, much attention has focused on the capability of blockchain technology to make voting more transparent. Joseph Lubin, the founder of ConsenSys and the co-founder of Ethereum, observed in an article in Futurism that decentralizing […]

Headlines Digital Asset Targets World’s Biggest Banks With New Blockchain TechDigital Asset Holdings revealed new blockchain smart contracts tech at a meeting of the Hyperledger project last week. Over 20,000 Tesco Bank Customers Affected By TheftBanking woes can hit anyone in every country at any given time. Customers of Esto Bank have come to realize […]

Headlines China’s Bitcoin Miners See Profit in a Bigger-Block BlockchainA bitcoin mining conference held by one of the network’s largest miners saw what some have labeled an unscientific discussion of scaling the network. Blockchain Advertising Platform Sees Micro-Payments Made Possible By BitcoinMass Network wants to transform internet advertising. The startup is now under the new […]

Headlines Bitcoin’s Price Flirts With $750 as Zcash Fervor FadesIt was a volatile week for the digital currency markets, with bitcoin proving erratic and Zcash seeing the excitement following its launch subside. Race to Attract Fintech Talent Accelerates with Worldwide Regulatory RevampThe halls of bureaucracy are finally on the move as technological advancements promise a […]

Headlines Bitcoin Price Breaks at a Telling MomentWell, it came to pass that there was a serious correction the moment bitcoin price got past the 2nd arc pair, as we discussed yesterday.  I hope traders pulled their stops in tight as was also discussed. Here is that chart again.  Note that the break occurred as […]

Headlines ABN Amro Joins R3 Blockchain ConsortiumABN Amro has become the latest financial institution to join the R3 blockchain consortium. Bitcoin Price Drops 5% as New China Rumors Stoke TradingReports that China may soon take actions to limit domestic bitcoin exchanges caused notable market activity today. Switzerland To Introduce New Banking License For Fintech StartupsRegulation […]

Headlines Zcash: A Cryptocurrency More Secure and Anonymous Than Bitcoin? Bitcoin Inching Toward a Decisive MomentFor those who have been following my work, in yesterday’s bitcoin analysis article we postulated that the 2nd arc of the arc pair might hold bitcoin price back for a bit – maybe cause a pullback – and that is […]

Headlines Hyperledger Eyes Mobile Blockchain Apps With ‘Iroha’ ProjectA distributed ledger project dubbed Iroha has been accepted for incubation status by the Linux Foundation-led Hyperledger blockchain initiative. Bitcoin Price Watch; More Upside Action!It is now Tuesday morning, and once again, we have had an excellent night’s worth of trading in the bitcoin price. Things initially […]