The technical setups use simple trend detection, support and resistance, channels, pattern and candle analysis. We aim for high-probability trade setups on BTCUSD and use very few indicators. All charts use BNC’s Bitcoin Liquid Index for maximum accuracy. The timeframe for trades is 1 to 7 days, so we’ll use 4h candlesticks. Bitcoin is best traded as a purely speculative commodity on 4h+ timeframes. http://bravenewcoin.com/news/bitcoin-price-analysis-a-quiet-week-comes-to-an-end/ |
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ValueWeb makes the contention that you cannot have an internet of things without a real-time and cheap internet of value. A core part of this is focused upon building a cheap shared ledger structure for digital identity and digital currencies and guess what? That cheap shared ledger is most likely going to be built in Africa. In fact, Devie Mohan of Thomson Reuters, one of the many fine speakers at Dot Finance, predicted that Africa would invent the global standard for digital identity and she may well be right. After all, Africa cannot function as a continent if transactions are expensive and exclusive of citizens living on a dollar a day and the Bill & Melinda Gates Foundation have made it their priority to solve this problem. The Foundation is investing millions in Sub-Saharan Africa to solve this problem. Interestingly, some of those problems are now being solved by African Fintech start-up companies. http://bravenewcoin.com/news/africas-blockchain-transformation/ |
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Capgemini today announced an alliance with ascribe GmbH to develop a blockchain database solution built on BigchainDB. The Paris based consulting, technology, and outsourcing services provider is present in over 40 countries, employing over 180,000 people worldwide. Capegemini Revenue 2015The Group reported global revenues of €11.9 billion in 2015, an increase of 12.7% over the previous year. While the company hass headquarters in France, North American operations bring in the most revenue, 20% and 28% of total the Group revenue respectively. http://bravenewcoin.com/news/capgemini-partners-with-ascribe-to-produce-loyalty-and-rewards-programs |
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Since the Bitcoin white paper was published in 2009, the identity of the now infamous pseudonym Satoshi Nakamoto has been the subject of wide conjecture, with the most recent developments of Australian computer scientist Craig Steven Wright launching a renewed fervor of speculation, scepticism and perhaps even, hope. Bitcoin is the basis on which hundreds of digital currencies have since spawned. It has served as the central catalyst for the fast-encroaching technical revolution toward decentralized systems to better suit our computer-driven, interconnected — networked — world of today. http://bravenewcoin.com/news/in-brief-satoshi-revealed-does-it-even-matter/?stage=Stage |
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The Ethereum conference, “The Blockchain - Disrupting Global Commerce: Understanding the Blockchain, Smart Contracts and Ethereum,” is taking place on May 17 in Auckland and continuing on May 19 in Wellington, New Zealand. It’s got an exciting lineup of speakers to talk about Ethereum, and It’s hosted by an offshoot of New Zealand-based web, mobile, and Internet of Things development company, 3months. The company offers a range of smart contract services including consulting, training, prototyping, and deployment. http://bravenewcoin.com/news/ethereum-new-zealand-conference-to-expand-blockchain-understanding-in-the-business-world |
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Almost a year after first releasing MultiChain, we’ve learnt a huge amount about how blockchains, in a private and non-cryptocurrency sense, can and cannot be applied to real-world problems. Allow me to share what we know so far. To begin with, the first idea that we (and many others) started with, appears to be wrong. This idea, inspired by bitcoin directly, was that private blockchains (or “shared ledgers”) could be used to directly settle the majority of payment and exchange transactions in the finance sector, using on-chain tokens to represent cash, stocks, bonds and more. http://bravenewcoin.com/news/four-genuine-blockchain-use-cases |
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Last week I chaired the inaugural Dot Finance Live conference in Nairobi, Kenya. It is Africa’s premier FinTech event, drawing people from all over the countries of sub-Sahara Africa. What struck me as I listened to lots of keynotes about mobile innovation and mobile financial inclusion, is that Africa is actually leading the world in financial innovation. This is because Africa is a continent where the majority of people were previously excluded from financial service. For example, according to data from the World Bank in 2015, only 17.9% of people in Sub-Saharan Africa had debit cards dropping to just 6.6% of the lower income population. http://bravenewcoin.com/news/the-african-mobile-revolution-part-one |
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The technical setups posted below use simple trend detection, support and resistance, channels, pattern and candle analysis. We aim for high-probability trade setups on BTCUSD and use very few indicators. All charts use BNC’s Bitcoin Liquid Index for maximum accuracy. The timeframe for trades is 1 to 7 days, so we’ll use 4h candlesticks. Bitcoin is best traded as a purely speculative commodity on 4h+ timeframes. http://bravenewcoin.com/news/bitcoin-price-analysis-calm-before-the-storm/ |
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Before Satoshi Nakamoto was able to figure out the right recipe for decentralizing currency, there were several attempts at centralized online currencies, or ‘internet money,’ unaffiliated with any state. The last of the bunch to thrive outside of the U.S. financial framework was the Costa Rican startup Liberty Reserve, which was taken down in 2013. Friday’s sentencing of the corporations founder, Arthur Budovsky, landed him in a U.S. prison for 20 years, and requires him to pay a US$500,000 fine for the crime of money laundering. http://bravenewcoin.com/news/liberty-reserve-court-case-marks-the-dawn-of-a-new-era |
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With great power comes great responsibility. Once uploaded, the code on Ethereum runs exactly as programmed… forever. That is one of the platform’s core benefits: code that always interoperates as promised, can’t be tampered with, and has no down time. You don’t have to trust the creator or hosting, only the code. Except, that comes with a price. As we all know, bugs always creep up. In fact, in Ethereum, there’s already been circumstances where this code, which you can’t replace, has caused trouble. http://bravenewcoin.com/news/assert-guards-towards-automated-code-bounties-and-safe-smart-contract-coding-on-ethereum |
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Founded in 2011, while Bitcoin was still in its infancy, BitPay was created with the intention of making it easy for businesses to accept bitcoin payments. NewEgg, Valve, and Microsoft, to name a few, use the service to extend the payment options displayed on their sites. BitPay accepts bitcoin on a retailer's behalf, and pays them the equivalent in fiat currency, typically U.S dollars. The company is currently the largest bitcoin payment processor in the world, serving more than 60,000 merchants on six continents. http://bravenewcoin.com/news/bitpay-extends-exchange-services-with-visa-debit-card |
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Like most tales of birth, this story too begins over dinner. It was the start of 2015. Sean Ryan, 35, a New York software developer sat down for dinner with Perry Woodin, 42, New York web developer, app creator, cryptocurrency enthusiast and investor. The dinner took place at Ryan’s place of residence, which also happened to be a point of attack for his invited guest. “It was an ambush,” joked Woodin. http://bravenewcoin.com/news/node40-streamlines-blockchain-network-incentivization |
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A key factor in reimagining finance for the internet age is the very nature of person-to-person connectivity and peer-to-peer networking. These two factors are very different and also different in the nature of how people are connecting. In the developed world, we have the viral connectivity of the smartphone; in the developing world, we have the basic connectivity of the mobile phone. Soon, both will transition into smart and mobile objects from cars and televisions to heating systems and refrigerators. In fact, with Nest and Samsung Home, it’s already pretty much there. The banking system meanwhile is still stuck in a world of debit and credit transactional structures of volume and value based upon people paying for things. As we move from paying for things to consuming parts of things and as our devices order those things on our behalf, the banking system needs to rethink. http://bravenewcoin.com/news/how-peer-to-peer-changes-the-financial-world/ |
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As the developers of a popular blockchain platform, we sometimes get asked whether Ethereum-like smart contracts are on the MultiChain roadmap. The answer I always give is: no, or at least not yet. But in the hype-filled world of blockchains, smart contracts are all the rage, so why ever not? Well, the problem is, while we now know of three strong use cases for permissioned Bitcoin-style blockchains (provenance, inter-company records and lightweight finance), we’re yet to find the equivalent for Ethereum-style smart contracts. http://bravenewcoin.com/news/beware-the-impossible-smart-contract |
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