R3 CEV Plans to Raise $200m for Blockchain TrialsNearly everyone in the world of Bitcoin and blockchain technology will have heard of R3 CEV by now, as the consortium is backed by a lot of major banks around the world. This outfit is now looking to raise $US200 million for a new round of blockchain trials, assuming the participating banks are willing to part with their money... read more
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Indonesian Entrepreneurs Seek Bitcoin LegalizationNow that several countries are looking into making Bitcoin a legal currency in their region, things are getting exciting in the world of cryptocurrency. Japan seems for legalising Bitcoin in the next few weeks, and Luxembourg has granted an official business licence to the popular Bitstamp exchange not too long ago. Additionally, the United Kingdom has created a think tank to explore the boundaries of Bitcoin technology... read more
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Bitcoin Price Technical Analysis for 05/16/2016 – On Track Towards Channel ResistanceThe 100 SMA is still above the 200 SMA so the path of least resistance is to the upside and the uptrend could carry on. However, the gap between the moving averages is narrowing so a downward crossover could be possible. If so, sellers could make another test of support and possibly push for a break lower... read more
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Bitcoin Price Watch; An Exciting Week Ahead!So we are just about to kick off a fresh week in our bitcoin trading, and action over the weekend gave us plenty to ponder going into today’s session. We saw quite a lot of volatility, some sustained, some not, and managed to get in and out of the markets according to our predefined parameters (those which we highlighted on Friday) and draw a profit. With this in mind, and as we head into a fresh week’s trading, what are the levels we are watching in the bitcoin price... read more
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The Bitcoin Myths Mainstream Media Gets Wrong Every TimeFor several years now, there seem to be a lot of myths surrounding Bitcoin which need to be clarified and rectified. Several of these topics keep returning on a regular basis, showing an apparent lack of education as far as mainstream media is concerned. It is not all that hard to get some basic facts about Bitcoin right in the first place... read more
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Second SWIFT Network Breach Shows Need For Distributed LedgersWhile some financial experts feel it is still too early something as significant as distributed ledgers, the question becomes how much longer they can afford to hold off on this inevitable change... read more
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Gatecoin Issues a Statement on Recent Security BreachGatecoin, the Hong Kong-based digital currency exchange has issued an official statement regarding the recent security breach. The breach resulted in the digital currency exchange losing about 15 percent of its crypto-asset holdings, states Aurelien Menant, the CEO of Gatecoin. The exchange’s security was compromised on May 13, followed by a server malfunction the previous day. As a result of the breach, the platform has reportedly lost about $ 2 million in crypto assets constituting 185,000 ether and 250 bitcoins respectively... read more
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21 Inc., Building the Future of BitcoinBitcoin and blockchain technology, which were niche segments a couple of years ago has now become the hottest sectors in the technology industry. the number of startups and companies working in this sector has grown exponentially as well. While it is hard to keep track of all the companies involved in the digital currency/digital currency technology, there is a handful who have earned recognition by doing things a bit differently and 21 Inc. is one such company... read more
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Bitcoin Price Weekly Analysis – Can BTC/USD Gain Momentum?Bitcoin price gained bids this past week vs the US Dollar and traded as high as $464, but it could not sustain the bullish bias. The price moved down once again, but thankfully, there is a monster bullish trend line formed on the 4-hours chart (data feed from Bitstamp) of BTC/USD that prevented the downside move. The price also found bids near the 100 simple moving average on the 4-hours chart... read more
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Bitcoin Makes Sense To Everyone According To Bobby LeeIt is rather positive to see Bitcoin industry experts take their time and educate the ‘masses” on why Bitcoin makes sense to so many of us. Granted, there is a portion of people who only see Bitcoin as an investment vehicle, whereas others see it as a complete alternative form of finance. Both answers are correct, but they are not the main reasons why Bitcoin makes sense... read more
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Scam alert! That is an obvious scam! Send some bitcoins to those guys and you will never see them again. I don't know how can these guys make money on this...
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Bitcoin Core To Remove Patented AsicBoost Advantage SoonAn interesting statement was posted on Twitter by Olivier Janssens, as he explained an upcoming change in the Bitcoin Core client software. A patented optimization for ASIC mining – called AsicBoost – will be made obsolete in the next client update. That news did not go over well with a lot of members for sure... read more
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FinCEN Confers Law Enforcement Award to New York State PD and othersThe Financial Crimes Enforcement Network (FinCEN) has conferred law enforcement awards to multiple law enforcement agencies including Internal Revenue Service – Criminal Investigation (IRS-CI), US Customs and Border Protection, Immigration and Customs Enforcement – Homeland Security Investigations (ICE-HSI) and the New York State Police Department. The recent press release by FinCEN offers more information about the cases for which these organizations received their awards... read more
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Global Sales Tax Consultant Avalara Announces Blockchain ExplorationHow can we use the Blockchain technology to calculate and manage taxes for our customers? Avalara, the well-known taxation management, and automation software company is thinking along these lines. Like many other sectors, the taxation and compliance sections of businesses can take advantage of the blockchain technology to not only maintain proper records but also for real-time execution and automation of the whole process flow. These features will be invaluable to a company like Avalara which handles over 20000 companies across the world... read more
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Hey what's up with the site? I'm trying to access it and it goes to cloudflare but it keeps giving me the error 522... Will we see it back today still?
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Bitcoin Price Watch; Here’s Our Weekend StrategySo that’s it – the end of the week. We’ve had some considerable up and down swings in the bitcoin price since Monday, and as we mentioned in the first of our twice daily bitcoin price watch pieces this morning, we’ve been able to get in and out for a profit on a couple of occasions. This morning we highlighted a relatively tight range and set up against price breakouts on this range. This evening, and with the day’s action taken into consideration, we are going to do pretty much exactly the same. Price action today has been pretty flat, and a false breakout here and there on the intraday charts aside, we’ve not really had that much to go at... read more
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Netopia: Bitcoin Volume in Romania has Exceeded 1 Million EuroAccording to Antonio Eram, the CEO of Romania’s leading mobile payment solutions provider Netopia, the Bitcoin volume is the country has recently surpassed the €1 million mark. The tech evangelist backed his claims by observing the digital currency backgrounds of Netopia’s customers... read more
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Digital Bitcoin Company’s Chairman Arrested on Fraud ChargesBitcoin has attracted the attention of law enforcement agencies all over the world in recent years, yet some people still use cryptocurrency as a way to commit fraud. The chairman of Digital Bitcoin Company was arrested on fraud charges and handed over to the Criminal Investigation Bureau of Taiwan... read more
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Bitcoin Price Watch; The Week Draws to a Close
Well, we’re here again – the final day’s trading in a what has been a pretty volatile week in the bitcoin price.Action across the last few days has given us plenty to discuss, and some decent momentum has given us plenty to pick up profits from. Whether this will continue for today’s session remains to be seen – we know that overnight action certainly implies some volatility (and with it, an upside bias), but of course, this means little in this space. Things could quickly reverse on an alteration of sentiment, and so we’ve got to be wary about going in with a bias. Best we can hope for is it falls in line with a little more aggression on the trade – we’ll see...
[urlhttp://www.newsbtc.com/2016/05/13/bitcoin-price-watch-week-draws-close/]read more[/url]
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Bitcoin Company Bitwala Nominated among Europe’s Best Tech Startups
Bitcoin startups always attract a lot of attention, and they are often invited to be part of pitching programs at various events. Bitwala, a service letting users get paid in Bitcoin through bank transfers, has been nominated as a top 70 startups at Pioneers Festival of 2016... read more
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