Blockchain News
Altcoin Uptick Ends as Bitcoin Prices Pass $1050
The market for alternative cryptocurrencies, a collection of digital tokens with different blockchain networks and value propositions than the bitcoin protocol, received significant tailwinds earlier this week as bitcoin traders sat on the sidelines ... (Feb 17, 2017, CoinDesk)
European Commission 'actively monitoring' Blockchain developments
The Vice-President of the European Commission, Andrus Ansip, recently provided details on initiatives, projects and partnerships to foster decentralised innovation ecosystems in Europe. “The Commission is actively monitoring Blockchain and DLT ... (Feb 17, 2017, Brave New Coin)
Introducing Trustlines – the original Ripple idea on Ethereum
Trustlines is an Ethereum-based payments platform based on "people-powered money". It brings to a public, permissionless blockchain the original idea put forward by Ripple of pooling liquidity within a network which can then begin to act as fluid and ... (Feb 17, 2017, International Business Times UK)
Open Source Ethereum Unveils New Partners Santander and JP Morgan
Open-source blockchain platform Ethereum has unveiled its latest blockchain development group, with partners Santander and JP Morgan pledging support for the project. The new consortium group will bring together developers, startups and financial ... (Feb 17, 2017, Yahoo Sports)
Blockchain Ecosystem: Blockchain 2.0 and Smart Contracts
Originally, Blockchain was advertised as a simple ledger that could record transactions in sequence. Later, it was realized that the Blockchain Ecosystem could have more applications in domains other than other than transacting payments. Thus, evolved ... (Feb 17, 2017, TWCN Tech News (blog))
What Is Bitcoin's Correlation With Other Financial Assets?
Bitcoin is a unique, uncorrelated asset class that is not strongly affected by the macroeconomic factors that drive most asset classes. There are extremely few assets that are this uncorrelated with other assets and that makes bitcoin extremely ... (Feb 17, 2017, Seeking Alpha)
China's Bitcoin Drama Isn't A Financial Meltdown
China, currently the world's largest Bitcoin trader, has caused some complications for the cryptocurrency since the beginning of the year. The amount of Bitcoin traded in the country has plummeted from 10 million a day to 30,000-90,000 due to 'abnormal ... (Feb 17, 2017, Forbes)
World Government Not Ready For Blockchain: Deloitte Report
“The State of Delaware is exploring Blockchain to ease the registration of new companies. The state may soon move that process, as well as the tracking of share movements and the management of shareholder communications, into a shared public digital ... (Feb 17, 2017, CoinTelegraph)
NH Lawmakers Advance Proposed Bitcoin MSB Exemption
Legislators in New Hampshire have advanced a bill aimed at carving out regulatory exceptions for certain bitcoin businesses, public records show. As reported by CoinDesk last month, New Hampshire's HB 436 seeks to create a regulatory exception for ... (Feb 17, 2017, CoinDesk)
Monero Price Analysis – US$13 Mark Will Become Critical Support
Things are still looking quite interesting for Monero right now. Although it appeared a big loss was looming on the horizon, XMR sustains a value of US$13.3 for the time being. While this value may dip a bit over the next few hours, the ongoing bitcoin ... (Feb 17, 2017, Live Bitcoin News)
Blockchain Tracker: Blockchain Technology's Impact On Global Transactions
PB: Blockchains are a reinvention of the most foundational information technology out there: transaction processing. Blockchains are simple mechanisms for managing transactions but with a very special twist: They're designed to reconcile information ... (Feb 17, 2017, PYMNTS.com)
Bitcoin Tracker: Denouement?
Prices rose even as bitcoin's largest Chinese exchange joined the ranks of its counterparts, announcing that it will halt bitcoin and other cryptocurrency withdrawal capabilities for one month as part of an effort to combat money laundering at the ... (Feb 17, 2017, PYMNTS.com)
Size Matters: Japan Becomes Largest Bitcoin Exchange Market, Beats China and US
Over the past few months, Cointelegraph provided extensive coverage on the development of the Japanese Bitcoin market. In May of last year, the Japan Times reported that the cabinet in Japan approved a set of bills that granted Bitcoin and other ... (Feb 17, 2017, CoinTelegraph)
Bitcoin Is Rising, And So Will BITCOIN SERVICES I COM USD0.001 (OTCMKTS:BTSC)
BITCOIN SERVICES I COM USD0.001 (OTCMKTS:BTSC) is attracting a lot of speculative volume right now. The company is up 66% this week, with just shy of 40% during the Thursday session. Year to date, the number rises to 245%. It's still very much a ... (Feb 17, 2017, Insider Financial)
Bitcoin traders look to other digital currencies for returns
Bitcoin trading volumes have shrunk since China's regulators clamped down on the market. Now digital currency traders are looking to more volatile alternatives to make returns. Last week, Chinese authorities took steps to regulate the bitcoin market ... (Feb 17, 2017, CNBC)
3 Big Blockchain Ideas MIT is Working on Right Now
She and other MIT researchers have been looking into the potential impact of peer-to-peer hypermedia protocol IPFS and Blockstack – an attempt to create an internet built on the bitcoin blockchain. Both have a goal of putting control of information in ... (Feb 17, 2017, CoinDesk)
Anatomy of ICO For Blockchain Investors and Entrepreneurs
An Initial Coin Offering is now part of the Blockchain ecosystem used successfully by entrepreneurs and investors who want to be part of the Blockchain Revolution as in Don Tapscott's words we are moving to the Internet of Value or what others refer to ... (Feb 17, 2017, CoinTelegraph)
Bitcoin Price Shows Resiliency, Hits $1050
Bitcoin price is persevering and strengthening again as the effects of the PBoC-led crackdown on Chinese bitcoin exchanges continues to diminish. Bitcoin reached a high of $1,052 on Friday at 13:45 UTC in a continuing week of gains following last week ... (Feb 17, 2017, CryptoCoinsNews)
Sberbank CEO: Commercial Blockchains Just Two Years Away ...
Sberbank CEO: Commercial Blockchains Just Two Years Away ... (Feb 17, 2017, CoinDesk)
Russia to Deploy Blockchain By End of 2019: Sberbank Chief
Sberbank Chief Herman Gref has said industrial-scale Blockchain deployment in Russia will be possible before the end of 2019. Speaking at the Real Estate Market Innovation Conference, Gref said that although the timeframe was “perhaps a little ... (Feb 17, 2017, CoinTelegraph)
Bitcoin Investor Roger Ver to Push for OKCoin Liquidation in Court
Roger Ver's fight against Chinese bitcoin exchange OKCoin is intensifying as the noted bitcoin investor attempts to have the business liquidated in a Hong Kong court. The move comes after months of legal wranglings that have already seen the exchange ... (Feb 17, 2017, CoinDesk)
Austria's Biggest Utility Company to Test Blockchain Energy Trading
Wien Energie, Austria's largest regional energy company, is joining a group of others from the industry to participate in a blockchain pilot with the aim to cut down costs related to energy trading. The energy giant will use Canadian blockchain firm ... (Feb 17, 2017, CryptoCoinsNews)
“Police Friendly” Coinbase Used to Sell Bitcoin Seized in Investigations
Officials from Vernon Hills, a village in Illinois, are preparing to sell $10,000 worth of Bitcoin seized in joint police investigations with federal authorities in the past. Coinbase, a popular Bitcoin wallet platform and exchange, will be used by ... (Feb 17, 2017, CoinTelegraph)
Cryptocurrency Startup BlockchainOS Seeks Crowdfunding to Challenge Ethereum
BOScoin is a fixed supply cryptocurrency that unlike Bitcoin or Ethereum, BOScoin sends a portion of the coins issued to a public account called the Commons Budget. Coins held in the Commons Budget can be used through the voting system to decide on ... (Feb 17, 2017, Finance Magnates)
An Interview with Vitalik Buterin: Founder of Ethereum
He cofounded Bitcoin Magazine in September 2011, and after two and a half years looking at what the existing blockchain technology and applications had to offer, wrote the Ethereum white paper in November 2013. He now leads Ethereum's research team, ... (Feb 17, 2017, Huffington Post)
Bitcoin Transaction Volumes Up 55% in 2017
Bitcoin's transaction volume in 2017 exploded to $260 mln per day - or $180,000 per minute, according to the latest statistics. The figures, which are currently circulating through the community on social media, show sustained solid growth in use year ... (Feb 17, 2017, CoinTelegraph)
Bitcoin Community Alert: How Scammers Monetize Traders' Fears and Greed
With every innovative technology come those who seek to take advantage of its users. Unfortunately, the Bitcoin ecosystem is not exempted from this. Many Ponzi schemes have been built around Bitcoin and unsuspecting investors have lost their wealth in ... (Feb 17, 2017, CoinTelegraph)
The Big Mistakes Enterprises Are Making on Blockchain
Arno Laeven is a strategy and innovation consultant at Laeven Consult, and the former blockchain lead for global healthcare giant Philips. In this CoinDesk opinion piece, Laeven takes aim at the way incumbents and large corporates have so far sought to ... (Feb 17, 2017, CoinDesk)
Financial Giant Fidelity Seeks Patent for Blockchain Voting System
Fidelity Investments, the world's fourth largest mutual fund and financial services group, is looking to patent a method by which a blockchain could be used for authenticating voters and processing fair elections. On 16th February, the US Patent and ... (Feb 17, 2017, CoinDesk)
Using The Blockchain To Change Prisons
Charlie Shrem went to prison for his involvement in Bitcoin trading. Now he's out and part of the next evolution of Bitcoin's future, investments that trade using Bitcoin's underlying technology. Facebook; Twitter. Google+. Email ... (Feb 17, 2017, NPR)
Core Developer: Bitcoin is About Financial Sovereignty, Not Speed
Eric Lombrozo, a Bitcoin Core developer, believes that bitcoin is about financial independence and freedom, rather than providing a centralized settlement network which already serves as the backbone of today's global financial ecosystem. Over the past ... (Feb 17, 2017, The Merkle)
European Commission is actively monitoring blockchain developments, says VP Andrus Ansip
He added that the Commission's support towards activities to advance blockchain technology, are going to increase in the coming months. Also, the Commission aims to launch a study to investigate and learn the potentials of DLT in reshaping public ... (Feb 17, 2017, EconoTimes)
Bitcoin ETFs For Dummies
Spencer Bogart is vice president of equity research for Needham & Co. He joined the firm in 2014 and currently leads the research efforts on blockchain technology and bitcoin while supporting research on cloud software (SaaS) companies. ETF.com ... (Feb 17, 2017, ETF.com)
Ethereum Price Technical Analysis – Can ETH/USD Break This?
... TradingTags Ethereum Price analysis, Ethereum Price chart, ethereum technical analysis, ethereum trade, ethereum trade analysis, ethereum trading, ethereum usd, price. Ethereum price is struggling to clear the $12.70-80 resistance against the US ... (Feb 17, 2017, newsBTC)
Bitcoin Price Analysis - PBoC effect diminishing
Fortunately for Bitcoin bulls, the consecutive PBoC announcements and meetings have had decreasingly bearishness, with resulting price drops of 23%, 18%, and 12% in bitcoin markets. Any further PBoC announcements in the near term would need to be ... (Feb 17, 2017, Brave New Coin)
ASX CEO Expresses New Confidence in Blockchain Post-Trade Tests
The money is intended to build on DLT being developed by blockchain startup Digital Asset Holdings, of which it is a financial backer, along with other infrastructure investments. Speaking today during a presentation of the exchange's financial ... (Feb 17, 2017, CoinDesk)
Bitcoin Price on the Rise Again After Regulatory Crackdown in China
It seems that the drama with the PBOC and regulations in China is becoming less and less significant, as these news don't seem to have as much impact on the price. In fact, the price is on the way to recovered to pre-crackdown prices as Bitcoin is ... (Feb 17, 2017, The Merkle)
The Fourth Industrial Revolution: Blockchain Tech and the Integration of Trust
In the very beginning, blockchain technology was thought to be the next generation of fintech infrastructure. The characteristics, including its inherent distributed nature, trustless consensus mechanisms and reliability, as well as the fact that it ... (Feb 17, 2017, Nasdaq)
5 Common Misconceptions About Bitcoin
Satoshi Nakamoto's creation is often seen as something it is not, as there are a lot of misconceptions that simply don't want to go away. Sometimes, because some want to smear bitcoin, and often because others fail to do their homework properly. Here ... (Feb 17, 2017, The Merkle)
Is Bitcoin Forming a New Price Floor at $1000?
The value of tokens on the public blockchain protocol reached a high of $1,039 today, continuing their recent run of stability. At press time, bitcoin has been trading above $1,000 since mid-day on 14th February, according to the CoinDesk Bitcoin Price ... (Feb 16, 2017, CoinDesk)