31 March 2017

Headlines UK Government ‘Carefully Considering’ Expansion of Blockchain Benefits TrialThe U.K. government is currently considering whether to extend a benefits payment trial that’s utilizing the blockchain by the Department for Work and Pensions (DWP) that it started last summer. The trial, which was undertaken by London-based blockchain and fintech startup GovCoin Systems Ltd., now known […]

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30 March 2017

Headlines Bitcoin Price Analysis for 03/30/2017 – End of Quarter Breakout?Bitcoin price is consolidating in a short-term triangle pattern as traders are holding out for a fresh batch of market catalysts in the upcoming quarter. Market Enabler? Exchanges See Blockchain as New Revenue PlayAt a conference in Budapest this week, financial industry execs revealed shifting […]

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29 March 2017

Headlines Blockchain Tech Can Resolve Security Concerns with Internet of ThingsThe vice president and digital head of Indian technology solutions firm Tech Mahindra has said that embracing the Internet of Things (IoT) doesn’t mean people will have to give up their privacy. In an interview with CNBC, Amit Sharma, said that the IoT is lacking adoption […]

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28 March 2017

Headlines Fake News: Bitcoin is Illegal, Reports the Indian Press ErroneouslyA number of major Indian news media sources have reported that bitcoin has been deemed illegal by the Indian government. They’re wrong. In today’s session of the Rajya Sabha, the upper house of the Parliament of India, an Indian politician weighed in on bitcoin, a […]

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27 March 2017

Headlines Investor Interest in Bitcoin Grows Despite Hardfork Debate and Falling PriceDespite a recent drop in the price of bitcoin and the debate circulating the potential hardfork, interest in the currency is continuing to grow. On March 10, the Securities and Exchange Commission’s (SEC) decision to reject the first bitcoin exchange-traded fund (ETF) saw the […]

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26 March 2017

Headlines Bats Exchange to Formally Object SEC Rejection of Winklevoss Bitcoin ETFThe Bats Exchange has objected to the Securities and Exchange Commission’s (SEC) rejection of the first bitcoin exchange-traded fund (ETF), which would have seen the exchange list it to track the price of bitcoin. On March 10, the SEC rejected the Winklevoss bitcoin ETF […]

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25 March 2017

Headlines (+) Time To Short The Market?The six-year bull market is coming to an end, some say. To profit from falling stocks, short investors borrow shares and sell them, believing the shares will be cheaper to buy back and return to lenders in the future. But when a short call is incorrect and the stock […]

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24 March 2017

Headlines Australia Post Joins Alibaba to Use Blockchain in Counterfeit Food Crackdown in ChinaAustralia Post has announced partnerships with Alibaba, the world’s largest e-commerce company and Blackmores, a prominent Australian natural health company to explore blockchain technology to curb the rise of counterfeit food sold in China. The joint endeavor will look to develop a […]

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23 March 2017

Headlines Software Giant SAP Joins Open-Source Hyperledger Blockchain Consortium as Premium MemberThe Hyperledger Project, a cross-industry collaborative led by the Linux Foundation has announced the addition of enterprise software giant SAP as a premier member of the consortium. Notably, Hyperledger’s announcement reveals SAP’s plans to implement blockchain solutions in “existing and new business scenarios for enterprises”. […]

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22 March 2017

Headlines Circle Seemingly Turns Its Back on Bitcoin, Advises Users SellCircle pivoted their business model away from bitcoin quite some time ago. At that time, people speculated the company would turn its back on bitcoin sooner or later. It appears that is slowly happening, based on an email sent out to all platform users. The […]

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21 March 2017

Headlines Antpool Founder Shares Post Claiming Hardfork Issue Comes Down to MoneyWu Jihan, founder of Antpool, bitcoin’s biggest pool with around 14 percent of the network’s hardware share, recently shared a post from an unknown author on his Weibo account, which stated that solving the network’s problem can only be achieved by talking about the […]

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20 March 2017

Headlines BTCC Launches Mobile Bitcoin Wallet for Android and iOSChina-based bitcoin startup BTCC is formally launching its feature-packed Mobi payments app today. Bitcoin Unlimited: Mining Power Should Determine Hard ForkThe developers behind an alternative bitcoin software took steps today to allay fears that an upgrade to its code would be disruptive to the market. Bitcoin […]

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19 March 2017

Headlines Scaling Consensus? This Turing Winner Thinks He’s Found a WayTuring Award winner Silvio Micali is working on a new consensus algorithm, one he argues could help massively scale blockchains. Interview with IBM’s VP of Blockchain: Jerry CuomoJerry Cuomo is probably one of the most important persons within the blockchain space, yet he has received […]

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18 March 2017

Headlines Physical Gold is No Longer, Opens Up Opportunities BitcoinGold is often considered to be the go-to asset during times of financial turmoil. That may no longer be the case, as demand for physical gold is lower than it has ever been. Investors are turning away from physical gold, as well as silver, for some […]

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17 March 2017

Headlines Bitcoin is Virtual Movable Property, Says Drafter of China’s General Provisions of Civil LawYang Lixin, director of the Civil and Commercial Law Science Research Center of the People’s University of China, spoke in a recent interview about the ten biggest breakthroughs in civil law, including that of Bitcoin. Speaking to China News, Lixin, who […]

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16 March 2017

Headlines Tighter Monetary Policy For China As Federal Reserve Hikes RatesA lot of people were taken by surprise then the Fed announced new rate hikes yesterday evening. Considering how the US economy is not improving in a stellar manner, an increased seemed unlikely. Then again, the fed feels now is the time for such a […]

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15 March 2017

Headlines Space & Time: How BitTorrent’s Creator is Attacking Bitcoin WasteBitcoin’s ‘proof of work’ validation mechanism burns a huge amount of energy, but this novel solution from developer Bram Cohen aims to change that. ‘Gemcoin’ Ponzi Scheme Operator Hit With $74 Million JudgmentOne of the leaders of a Ponzi scheme that involved a fictitious cryptocurrency […]

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14 March 2017

Headlines Code Bug Exploit Sends Bitcoin Unlimited Nodes OfflineBitcoin Unlimited’s network of nodes took a hit today. Bitcoin Core Supporter Threatens Zero Day Exploit if Bitcoin Unlimited HardforksEditor’s note: The article has been updated to remove references to Bitcoin Core contributor Eric Lombrozo, who has confirmed to CCN that he is not related to ‘ciphera‘, as reported […]

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13 March 2017

Headlines All Digital Currencies Are UpThe total market cap for all digital currencies reached a new all-time high today, standing just under $25 billion, with 24 hour volumes at near $1 billion, as spring seems to have ushered in renewed optimism. Just days after SEC rejected the bitcoin ETF, the millennial generation appears to be […]

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12 March 2017

Headlines China’s Foreign Reserves Are Of No Concern as Yuan Remains StableThe financial situation in China is subject to a lot of controversy. Chinese officials claim everything is fine and people shouldn’t fuss over the country’s foreign reserves. International experts claim CHina’s economy is growing less quickly and capital outflows remain a problem. It is […]

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11 March 2017

Headlines ETF Rejection No Long-term Impact Bitcoin Price By Look ThingsDespite the SEC rejecting the BATS rule change proposal, bitcoin’s price is not budging all that much. There was a major sell-off right after the ETF news broke, yet the market is recovering nicely. Looking at the bigger picture, bitcoin lost very little value in […]

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10 March 2017

Headlines Blockstack Launches Decentralized Internet Platform on Amazon’s AWSBlockstack Core, a bitcoin development platform, is now available on the Amazon Web Services (AWS) marketplace. Does the UK Budget Threaten London’s FinTech Scene?The U.K.’s Chancellor of the Exchequer Philip Hammond delivered his first Spring Budget to Parliament, announcing, among other things, that self-employed people would have […]

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9 March 2017

Headlines Bitcoin and Ethereum Fell HardBitcoin got hit by a wave of selling today.  A combination of panic selling and stops being hit took the market right to the long term 1×1 Gann angle.  If you will recall, on 3/3/2017, in this article, we suggested that it might be a good idea to take some […]

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8 March 2017

Headlines Rootstock is Fusing Lightning With On-Chain Scaling – On a SidechainA unique proposal aimed at scaling bitcoin’s transaction capacity via sidechains has been revealed in a new white paper. Asset Brokerage Firm eToro Adds EthereumeToro, the social trading and assets brokerage firm which offers complicated and highly risky CFDs that do not hold the […]

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7 March 2017

Headlines Blockchain Panel Provides Personal Security Solutions In the Midst of FCC Privacy Protection RepealsThe FCC voted to temporarily suspend government regulations protecting personal online data in 2-1 ruling on last week, the first major move of the Ajit Pai led commission. The rules, that were set to take effect last Thursday, would have required […]

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6 March 2017

Headlines Foxconn Subsidiary Debuts Blockchain-Powered Supply Chain PlatformA subsidiary of one of largest electronics manufacturers has partnered on the launch of a new blockchain-based supply chain finance platform. Consumer Watchdog in Italy Moves Against OneCoin Investment SchemeRegulators in Italy have moved to suspend several affiliates of OneCoin, the digital currency investment scheme widely believed to […]

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5 March 2017

Headlines The Trouble With Fintech (Or Why ‘Now’ is the Time for DLT)A critical look at the reasons behind the change in dialogue surrounding blockchain and distributed ledger tech. The World’s Largest Shipping Firm Now Tracks Cargo on BlockchainGlobal shipping giant Maersk has conducted its first blockchain-based shipment in partnership with IBM. Bitfinex Adds Dash […]

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4 March 2017

Headlines Shift Card Allows Uber and Lyft Users To Earn Bitcoin IndirectlyIt is doubtful either Lyft or Uber will integrate bitcoin payments anytime soon. Until that happens, users can use a bitcoin debit card to spend cryptocurrency for these services. However, one user figured out how to cash out Lyft and Uber earnings and receive […]

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3 March 2017

Headlines Bitcoin and Ethereum Are Each at Resistance NowBitcoin resumed its upward climb as we posted a couple days ago on these pages.  It touched the 1×1 angle on the daily chart a few hours ago at $1280.  See the chart below: The red arrows show what has happened when pricetime hit the 1×1 in […]

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2 March 2017

Headlines Ethereum Spam Attacks Are Back – This Time on the Test NetworkFollowing DoS attacks on the ethereum network last year, an attacker has picked an easier target to spam: Ropsten, the ethereum testing network. Reuters: Self-Proclaimed ‘Satoshi’ Craig Wright Still Seeking Bitcoin PatentsThe man who controversially claimed to be bitcoin’s inventor has featured in […]

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1 March 2017

Headlines Bitcoin Price Watch; A Fresh Month’s TradingIt is the start of a fresh month in our bitcoin price trading efforts, and we normally like to start things off with a touch of reflection. Specifically, what happened last month, and what did it tell us about the month to come. Well, we’d like to do […]

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