Blockchain News

Interest Over Bitcoin Increases Over Time, Blockchain Declines
Over the past two years, a significantly large number of users continuously searched the keyword “Bitcoin” on Google, especially amid strong price rallies. In the chart provided by Ray, it is evident that the interest directly correlates with the ...
R3 Will Close Blockchain's Biggest-Ever Investment in Q1, CEO Says
The founder and CEO of blockchain banking consortium R3CEV says the firm is on the verge of closing the industry's largest-ever funding round. Originally reported to be as high as a $200m, the downsized $150m round would still give the consortium of ...
Monero Successfully Hardforks to Increase Privacy and Anonymity
Monero develops on Maxwell's implementation by adapting Confidential Transactions to work with the currency's already implemented ring signatures, an inbuilt mechanism which bundles sending and receiving public keys with a number of older actual ...
Bitcoin Falls Below $800 As Volatile Week Continues
Markets saw an average low of $779.54, according to the CoinDesk Bitcoin Price Index (BPI), the first time the price has been reported below $800 since 21st December. The drop came after the price traded just above $900 during overnight activity, and ...
ZEC Price Increase Makes ZCash Second-Most Valuable Cryptocurrency
Ever since ZCash as launched, people have been paying close attention to its price. Although its value against Bitcoin has declined, one ZEC is still quite costly. In fact, one can say the price of ZCash is going up slowly but steadily. Despite a small ...
IBM Watson, FDA to explore blockchain for secure patient data exchange
IBM's Watson Health artificial intelligence unit has signed a two-year joint-development agreement with the U.S. Food and Drug Administration (FDA) to explore using blockchain technology to securely share patient data for medical research and other ...
Blockchain Angels Invest $1 Million in Bitcoin-Ethereum Hybrid Qtum
A new public blockchain that would seek to merge popular design aspects of both the bitcoin and ethereum blockchains has raised $1m in funding. By marrying bitcoin's transaction model with a similar consensus system to the one in development at ...
Bitcoin is getting demolished
Bitcoin is getting demolished, trading down 12% at $797 per coin, a $108 per coin drop, as of 7:19 a.m. ET. The fall comes after China announced it has begun an investigation into bitcoin exchanges in China and Shanghai for market manipulation, money ...
Bitcoin: Where Wall Street and Silicon Valley Meet
When brought up, bitcoin was referenced in the context of macroeconomic dislocations like the depreciation of the Chinese yuan, India's banknote ban, or Trump's surprise election win. While these events often provided great examples of its use as a ...
Bitcoin falls 5% as China plans to investigate firms
The price of bitcoin fell by around 5 percent after Chinese authorities announced plans to inspect bitcoin enterprises. The People's Bank of China published an announcement this morning that it will carry out site inspections on January 17 to check ...
BitX Rebrands as Luno, Reveals Bitcoin Sandbox Project
Bitcoin startup BitX has officially rebranded as Luno, a transition that finds the firm shifting focus to the European market. For the startup, which was founded in 2013, CEO Marc Swanepoel said the new name isn't about shifting away from bitcoin ...
China's central bank launches spot checks on bitcoin exchanges
The probe of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into a range of possible rule violations, including market manipulation, money laundering and unauthorized financing, the People's Bank of China (PBOC) said. It did not say ...
Bitcoin Price Watch; Yet Another Dip
Once again, overnight, we have seen some pretty volatile action in the bitcoin price. For the last couple of weeks, this volatility has become something of the norm, and on a number of occasions, we've had to narrow our time frames into the one-minute ...
Bitcoin slides after China central bank launches investigation
The investigation of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into possible market manipulation, money laundering, unauthorized financing and other issues, according to the statements posted on the People's Bank of China's ...
A controversial Russian Ponzi scheme is betting on Bitcoin to relaunch in Nigeria
A month after it suspended operations in Nigeria, Mavrodi Mondial Moneybox (MMM), a Russian Ponzi scheme with over 2 million participants in Africa's most populous country, is already plotting its comeback. MMM claimed it had to temporarily close ...
Let The China-Bitcoin Dustup Begin
Every week, China's government thinks of another way yuan may be slipping out of China. And every week, the Chinese public thinks for five other ways to get the money out. This week, the issue is escape via Bitcoin. This paranoia will not help China's ...
Bitcoin was the best performing currency of 2016
Aside from these activities, according to analysts, bitcoin has begun serving the same purpose as gold. At a time of increasing political uncertainty, it is being used as a “risk-off trade when [people] are concerned about what's going on in the ...
RPT-Anti-establishment wave to help push blockchain into real world in 201...
RPT-Anti-establishment wave to help push blockchain into real world in 201...
Blockchain startup Chronicled launches Discover mobile app
The traditional certificate of authenticity is replaced with an immutable, digital, public record of authenticity as each piece is registered on the Ethereum blockchain. Chronicled said that This technology system can be useful for authentication and ...
McKinsey sees blockchain technology reaching full potential in 5 years
McKinsey & Company, a global management consulting firm for governments and NGOs, recently submitted a blockchain Technology report to the US Federal Advisory Committee on Insurance. The firm analyzed how the technology may disrupt a range of ...
Third Satoshi Roundtable event to see leading blockchain experts
The third Satoshi Roundtable gathering will take place at a private resort in North America and is limited to the size of 100 industry members, where top developers, executives, and influencers will explore various issues facing the blockchain industry ...
PSBC IBM collaborate to build blockchain-based asset custody system
According to the official release, the bank has successfully executed over 100 real business transactions on the blockchain since the system went live in October 2016. Following a Design Thinking workshop and joint development work with IBM, the bank ...
Ethereum Price Technical Analysis – ETH/USD Steady Uptrend
Ethereum Price Technical Analysis – ETH/USD Steady Uptrend. Posted on 6:00 am January 11, 2017 Author Aayush JindalCategories Altcoins, Analysis, Opinion, TradingTags Ethereum Price analysis, Ethereum Price chart, ethereum technical analysis, ...
Is the 'Zcrash' Over? Zcash's Price is Finding a Floor at $50
The price of the blockchain-backed asset zcash (ZEC) has shown signs of settling down over the last several trading sessions, experiencing only modest changes in its long volatile value. Since the start of trading on 7th January, the value of the ...
Blockchain for banks, Monopoly-token vote, Buffy rings stock bell
The world's biggest banks have taken the first steps toward moving a significant piece of financial infrastructure onto a blockchain — the technology introduced to the world by virtual currency bitcoin. The Depository Trust and Clearing Corp. will ...
Homeland Security Looks To Blockchain To Track People, Goods Across Borders
The Department of Homeland Security is testing blockchain technology to secure cameras and other devices at U.S. ports of entry, including borders and airports. The goal is to better detect and stop intruders who try to impede the devices or manipulate ...
Ethereum Foundation Has Sold 90 Percent of ETC in the Last 6 Months
Miners and developers who felt that Ethereum demonstrated centralized governance continued to mine blocks of the original Ethereum chain, effectively creating another token called Etheum Classic hereinafter ETC. Major exchanges including Poloniex ...
A bitcoin ETF would have 'very significant upside' — but it probably won't happen: Analyst
Bitcoin followers are assigning far too high a likelihood that regulators will OK a fund that tracks the cryptocurrency, which is too bad because approval would provide a major boost to its price, according to one analyst. Regulators at the Securities ...
Report: Bitcoin ETF Could Amass $300 Million in Assets (If Approved)
A new investor note published today by analyst Needham & Company projects that a bitcoin exchange-traded fund (ETF) could attract as much as $300m in new assets in its first week alone. Writing about the potential impact of an ETF on the nascent market ...
Retail Bank Partners IBM for First Case of Blockchain Deployment in China
The Postal Savings Bank of China (PSBC) has announced the launch of its blockchain-based asset custody system, in partnership with IBM, today. IBM claims this to be the first case of blockchain technology to asset custody in China. With over 40,000 ...
Blockchain will free you from the tyranny of the global liberal elite
“A global and open blockchain … lends itself very well to current anti-establishment sentiment,” said Jon Matonis, an economist and founding director of the Bitcoin Foundation. “The general theme is removing the role of a third-party auditor or ...
Tradebird Members Are Impressed by the Bitcoin and Tesla Rallies
The cryptocurrency started the first week of 2017 with a promising rally that pushed the value of one bitcoin to more than $1,000. Investors saw a perfect opportunity to sell short bitcoins, and at the end of last week there was a serious pullback to ...
Monero Price Analysis - Battle For US$14 Price Point Wages On
Monero is currently in an uptrend, pushing both the USD and BTC value towards new highs over the past 24 hours. With a 5.5% increase in price, one XMR is currently valued at US$13.98. It seems likely Monero will break through the US$14 mark once again ...
Bitcoin Volatility Returns With a Vengeance to Start Off 2017
Near term panic then set in as rumors of Chinese government communications with local Bitcoin exchanges began to spread, in addition to poorly written FUD articles on MSM outlets, both of which were able to shake weak hands out of long positions as the ...
China isn't cracking down on bitcoin
Amid bitcoin's continued price volatility, which has been attributed to fluctuations in investor activity in China, more detail has emerged on the meeting the People's Bank of China (PBOC) held with several bitcoin exchanges last week, according to ...
Bitcoin Boom in Japan: Merchant Adoption Grows Four-Fold in One Year
From less than a thousand, the number of merchants accepting Bitcoin in Japan has grown by more than four times in the last twelve months, according to a new survey by ResuPress Inc, the company that runs Coincheck, one of the major Bitcoin exchanges ...
Paxful Giving Away 10 Bitcoin to Promote Blockchain Economy Entrepreneurship
10, 2017 /PRNewswire/ -- Paxful, a global leader in peer-to-peer bitcoin technology, is launching a bitcoin-based affiliate contest. Paxful will be giving away 10 bitcoin to affiliate referrers. The goal of the program is to promote bitcoin as a ...
Wall Street Can be Very Different After DTCC Blockchain Experiment
The test was run in partnership with Axoni, a dedicated startup providing Blockchain solutions for the financial industry. R3 Consortium expertise was also on hand, with Managing Director Charley Cooper describing the DTCC's attitude as “indicative of ...
What Is Bitcoin?
Bitcoin is an unregulated virtual currency designed to eliminate the "middleman" from financial transactions and enable direct, anonymous transactions between users. Bitcoin has several advantages over most other currencies, such as small transaction ...
Ethereum (ETH and ETC) Price Trends (Week of January 10th)
In the majority of cases, volatility grows at levels such as this one, independently of the scale of the movement. That is why this situation is profitable for large traders. Consequently, the price of Ethereum has to fortify above $9.3 in order to ...