Headlines highlight investment in Bitcoin companies seemingly monthly these days. So, where is it going? Into defense fund accounts. That is a large reason why, despite a lot of investment into the space, the community seemingly ebbs. Evangelists will state that the reason Bitcoin is not growing is because people are not doing a good enough job promoting it, but when you have a consortium like R3 looking into blockchain technology, that’s not the problem. Instead, the real problem is that much investment into Bitcoin is going into a certain black hole: defense funds. This money sits there until one day the firm faces some sort of legal kerfuffle. https://www.cryptocoinsnews.com/where-is-all-that-bitcoin-vc-money-going/ |
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The Voxelus virtual reality (VR) content creation platform is making its VOX currency available on the Uphold cloud money platform in a beta pre-sale. Uphold users can order VOX on Uphold before its general release on March 30, 2016, according to Anthony Watson, president and CEO of Uphold Inc. Voxelus allows users to create VR games and experiences without having to rewrite code. It offers a VR player app that plays content using the desktop content tool on Samsung VR or Oculus Rift and is developing even more features. https://www.cryptocoinsnews.com/voxelus-virtual-reality-currency-presale-begins-uphold-platform/ |
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2015 was a banner year for bitcoin. It brought some key developments for the digital currency’s acceptance, particularly by the financial sector. But like every year since its 2008 debut, bitcoin’s progress came with challenges. Bitcoin has not been embraced by enough consumers, businesses and government to be called a mainstream currency or commodity. 2015 brought more signs that it is on the right path, and its naysayers have never been more discredited. https://www.cryptocoinsnews.com/2015-year-review-banner-year-bitcoin-blockchain/ |
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The developers of 21 Bitcoin Computer, a small Linux computer that has the bitcoin protocol as part of its operating system, have posted documentation designed to make its library easier to use. Launched in September, 21 Bitcoin Computer is both a bitcoin miner and a device that enables users to buy, sell and rent products using bitcoin. 21 Bitcoin Computer’s main goal is to make bitcoin an Internet protocol. The company, backed by Andreessen Horowitz, believes that it is participating in building bitcoin’s infrastructure. 21 Bitcoin Computer has been welcomed by those who think it will support Internet machine-to-machine commerce. https://www.cryptocoinsnews.com/21-bitcoin-computer-developers-post-documentation-library/ |
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CEX.IO application brings together main functionality of the full desktop version and user-friendly interface, which makes it easy to buy and sell Bitcoins on a mobile phone. In the first release, users can instantly deposit BTC and LTC into their accounts via provided QR-codes, as well as place limit and market orders. An overview of available balance and the amount of funds placed in orders can be viewed in the wallet. Orders are easily manageable and can be cancelled at any time. Apart from trading, users are able to analyse cryptocurrency markets by using instant data obtained from other top exchanges. Real-time 24h volume, last price and exchange rate movements are available right in the app. http://blog.cex.io/news/cex-io-bitcoin-exchange-presents-mobile-application-for-ios-and-android-14789 |
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Bitcoin: The End of Money As We Know It is a 2015 film written by Torsten Hoffmann, starring Andreas M. Antonopolous, Roger Ver, Bernard v. NotHaus, Jeffrey A. Tucker, Michael J. Casey and more. In 2015, cryptocurrencies have gained wide public attention. If you want to know what Bitcoin is, this is the film to watch this holiday season. The title says it well. This 60-minute documentary film is a masterpiece, depicting both the history and future of money. It reveals the hidden threads in the development of money and where it is going. One could not ask for a better introduction to the invention of the blockchain. The directors, Hoffmann and Watchulonis were able to successfully depict what this disruptive technology embodies, revealing the past lineage of money and the serious problems inherent in its current centralization, while at the same time presenting a viable alternative. I found this to be a fine work, historically documenting the birth of crypto-currencies. http://dissidentvoice.org/2015/12/bitcoin-a-documentary-masterpiece/ |
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GateHub, a multi-asset wallet and trading platform that integrates with the Ripple network, says it has launched a new wallet offering. GateHub, an unfamiliar name in the crypto industry until now, recently surfaced when Ripple announced the shutdown of its Ripple Trade service. Users are directed to transfer balances to other wallets, and a streamlined transfer to GateHub’s wallet is offered. The deadline to move balances, which was originally January 13 for US-based users, has since been revised to March 31. http://www.financemagnates.com/cryptocurrency/news/gatehub-announces-new-wallet-plans-visa-mastercard-expansion/ |
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The timing is almost perfect for the Australian Securities Exchange (ASX) to consider a blockchain-powered settlement system, says its CEO, Elmer Funke Kupper. In October, Australia’s main exchanges operator was reported to be considering the replacement of its current settlement and clearing system with one based on blockchain technology. Bitcoin’s blockchain and other distributed ledger systems inspired by it are now being explored by a majority of the world’s major financial institutions and several exchange operators. The technology is envisioned to streamline the trading process by enabling real-time settlement, thereby reducing costs, cutting out counterparty risk and freeing capital. http://www.financemagnates.com/cryptocurrency/news/report-asx-to-make-blockchain-decision-in-6-7-months/ |
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Since Charley Cooper joined blockchain consortium R3CEV in August he’s seen it grow from almost total obscurity to the leader of more than 40 of the largest banks as they experiment with new ways to implement the decentralized ledger technology to better connect the financial world. The former chief operating officer the trading & clearing division of the $4.7 billion State Street Global Exchange, Cooper has a unique perspective of how this no-name upstart managed to gather so many powerful, competing, interests under one roof. http://www.bizjournals.com/newyork/news/2015/12/24/what-it-takes-to-join-r3-global-bitcoin-consortium.html |
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Westlanddata.com, a business in Dateland, Arizona, has announced that they now accept Bitcoin for the purchase of sweepstakes leads. They are proud to embrace this new technology which will help save their international clients both time and money. Clients have already responded very positively about this change. Details are available at http://westlanddata.com. "Bitcoin is no longer the currency of the future, it is the currency of today," says Steve Dixon from Westlanddata.com. "As an online business, we must remain up to date with trends in order to remain current, which is why we have decided to add Bitcoin payment capabilities to our site. We're glad to see that this is being well received, not just by our international clients, but actually by all." http://www.digitaljournal.com/pr/2786567 |
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LONDON-DAILY TIMES : 2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason - slower growth in the money supply. Bitcoin is a web-based “cryptocurrency” used to move money around quickly and anonymously with no need for a central authority. But despite being championed by some as the digital money of the future, it is often dismissed as a currency that is too volatile to invest in...... http://www.dailytimes.com.pk/business/25-Dec-2015/record-highs-predicted-for-bitcoin-in-2016-as-new-supply-halves |
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London-based blockchain technology investor Coinsilium, a company known for supporting blockchain-startups at an early stage started trading on the ISDX Growth Market in London yesterday. Coinsilium issued 10,000,000 new ordinary shares at 10p per share to raise £1 million in gross proceeds. Upon admission, the company also has 69,793,500 Ordinary Shares on issue, representing a market capitalization of £6.98 million, as revealed by the London Stock Exchange. https://www.cryptocoinsnews.com/78838-2/ |
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As we expected, on Christmas Eve the Bitcoin price got in a narrow corridor of $449 - $455. Today is a holiday and there will be limited trading. Also no news that could affect the price of the Dollar is expected. Therefore, today December 25, we expect that the price of Bitcoin will remain in the corridor of $445 - $465. The resistance level is $465 and the support level is $440. As we can see, the latest positive macroeconomic statistics from the US gave the Dollar a support only for a limited time. Then again, the Dollar came under pressure and decreased against other currencies, including the Bitcoin. Now a good question is: how long can the Dollar be a full-weight competitor for Bitcoin? If Bitcoin is growing against the Dollar, does this mean that the Dollar is losing its position as the world currency? Or does it mean that Bitcoin is gaining popularity in parallel with the strong Dollar? http://cointelegraph.com/news/115954/daily-bitcoin-price-analysis-bitcoin-in-a-trend |
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Bitcoin, the world’s most famous cryptocurrency, is poised to reach a major milestone before the end of the year: 100 million transactions. As of the morning of December 23, it sits at 99.7 million, with the landmark due in the next two days, and for a virtual currency that has the support of no central bank or government, it’s a remarkable feat.+ “Without a doubt, bitcoin was the strongest and fastest-growing currency in 2015,” says Sebastián Serrano, CEO and co-founder of payments processor BitPagos, which has thousands of partners in Argentina, Latin America, and Europe http://panampost.com/adam-dubove/2015/12/23/bitcoin-cracks-100-million-transactions-comes-of-age/ |
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Ever since its creation in 2008, anonymous hacking groups have targeted major bitcoin exchanges and wallet platforms such as Bitstamp, successfully retrieving over five million euros worth of bitcoins from user funds and accounts. Such incidents have followed heavy criticism against bitcoin and its viability as a currency and has played a vital role in the valuation of the currency. Earlier last year for example, the Mt. Gox heist plummeted the price of bitcoin, falling from around US$1,000 to US$200 per coin. http://www.newsbtc.com/2015/12/24/could-bitcoin-blockchain-save-banks-from-hacking-attacks-and-theft/ |
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The year 2015 has been quite eventful for bitcoin with BTC/USD temporarily breaking above the 500-mark for the first time in over a year on November 04. It currently trades at 457.11 levels. A recent report from Reuters now suggests that in the forthcoming year bitcoin price will surge again due to slower growth in money supply. Bitcoin is a web-based currency, invented by the mysterious Satoshi Nakamoto in 2008. Bitcoin creation depends on mining computers that validate blocks of transactions by competing to solve mathematical puzzles every 10 minutes, Reuters explained. First successful miner currently is rewarded with 25 new bitcoins, worth around $11,000. Read more at http://www.econotimes.com/Bitcoin-Price-Could-Break-Above-$1100-In-2016-As-Mining-Reward-Halves-135665#biipy4fSY5lv5fR2.99 |
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Starting on 1 January 2016, credit and debit cards denominated in the Nigerian naira will no longer be enabled for international use. The decision by the Central Bank of Nigeria to ban credit and debit card purchases abroad comes amid declining foreign exchange liquidity and aims to slow the flow of foreign exchange out of the country. News of the ban broke via BBC. So far one Nigerian bank, Standard Charter, has informed customers of the impending change. https://www.cryptocoinsnews.com/nigerian-banks-ban-credit-debit-card-use-abroad/ |
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10x Management, Bruce Springsteen’s promoter, seeks to “find the best contract tech talent and match them with the world’s most amazing companies.” Since 2011, this is what the firm has strived to do. Although the firm has been in the Bitcoin space for some time now, it made headlines with its recent additions of Jeff Garzik, a well-known Bitcoin entrepreneur. “We have been placing very high-level freelance developers with expertise in bitcoin for well over a year at this point and will continue to expand on that,”10x Founder Michael Solomon told CCN. The firm plans on working with Bitcoin talent in the future, helping large companies build out their cryptocurrency strategy. https://www.cryptocoinsnews.com/bruce-springsteen-promoter-10x-management-plans-to-add-more-bitcoin-experts-to-its-roster/ |
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The last quarter of the year has included the most exciting bitcoin trading of the entire year, but the rest of the year will likely see a lull in trading and a consolidation around current levels. Any fall down below $400 will represent further price softness into the New Year, it seems. However, since we are now on the cusp of two holidays – both Christmas and the New Year – trading volume will decrease on all markets, including Bitcoin, likely leading to further price uncertainty. https://www.cryptocoinsnews.com/holidays-signal-quiet-bitcoin-price-through-years-end/ |
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