Bitcoin News 24 May 2017

Bitcoin Today – The Bitcoin price continues upward trend past $2300 – strong and bullish with no sign of letting up.  Altcoins such as Ethereun, Dash, Litecoin and Monero performing well.   Other News Headlines:   India’s Government Seeks Public Comments on How Bitcoin Should Be Regulated Has Bitcoin’s Scaling Debate Finally reached Agreement? Deloitte’s Blockchain Team Unveils Prototypes, Research and Alliances at Consensus 2017 Bitcoin ‘Will Be Worth $1 Mln In 10 Years’: Swiss-Based Bitcoin Wallet CEO SWISS EY TEAM & POLYBIUS ARE BUILDING A ‘CRYPTOBANK’, ICO TO FOLLOW…

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Bitcoin News 23 May 2017

We are saddened by the bomb blast that took place in Manchester last night – our heartfelt condolences and thoughts are with the families and friends of those affected by this atrocity.   The Bitcoin price continues to stay strong and bullish above $2100. Very High traded volumes are reported from Japan as the country embraces the legalisation of bitcoin as a payment system.   News Headlines:- Status.im and Bancor Protocol Cut Deal to Issue Tokens From Smartphones Toyota, tech firms explore blockchain for driverless cars Blockchain Technology Fuels Global…

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Breaking News – Coinbase Down, Users reporting Problems

Tried to log into Coinbase today and you got this? At the time of writing, Coinbase, a Bitcoin Exchange based in San Fransisco, came back online but with limited functionality. Coinbase were founded in June 2012, and they are a digital currency wallet and platform where merchants and consumers transact with digital currencies such as bitcoin, ethereum, and litecoin.     User problems are continuing – Tweets regarding Coinbase website being down and certainly this one highlights the problem with keeping your cryptocurrency in a hot wallet on an exchange. And…

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Bitcoin News 22 May 2017

Bitcoin today – The Bitcoin price broke the $2000 level this weekend and followed on by reaching close to $2200 on Monday morning. Some say this is a bubble but you just cannot deny the strong fundamentals evident. Keeping yourself abreast of the news is most important. News headlines:- Enterprise Ethereum Alliance Adds 86 Members to Blockchain Consortium Three Services That Aim to Create Bitcoin Professionals and Experts 3 Reasons Why Bitcoin Broke $2,000 Bitcoin taps fresh record highs amid rising demand from Japan, China Norway’s Largest Online Bank Integrates…

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Bitcoin News 20 May 2017

Bitcoin Today – The Bitcoin price is almost double since January 2017 with no sign of letting up. Hitting record highs over $1900 coupled with the Ethereum price moving up over 20% in the past day. CoinMarket cap now over $60 billion and growing as new investors come into the market.   Other news:-   Abu Dhabi Regulator Joins the R3 Blockchain Consortium SegWit Activation Complete, Litecoin Charts a Course for the Future Microsoft Unveils New Framework to Speed Up Blockchain PoCs Russia’s Largest Exchange is Using Blockchain to Lure…

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Bitcoin poised to Double Price in less than 5 months

It is most difficult to speculate on what the Bitcoin price is going to do in the short term, however, we do know that the price will grow in value over time due to strong and bullish fundamentals.  Price watchers will be interested to know that Bitcoin could double it’s price in the first 5 months of 2017.  This is remarkable growth in value!   Here is a graph showing the bitcoin growth over 6 months – if we take the price 6 months ago $728 and calculate what the…

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Bitcoin News 17 May 2017

Bitcoin Today – The bitcoin price moved from lower $1700’s to the $1800’s and should the price remain above $1800, it could perhaps test $2000.   Bitcoin News Headlines:-   How the Market Is Deciding the Block Size Debate … and the Marketing Lesson for Us All WannaCry ransomware cyber-attack ‘may have N Korea link’ Four Quick Questions and Answers About Ransomware and Bitcoin   BLOCKCHAIN-BASED IDENTITY MANAGEMENT WILL SOON BE A REALITY Bank of Japan Fintech Head: Don’t Expect Central Banks to Lead DLT Boost VC Will Now Invest…

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Bitcoin News 11 May 2017

Bitcoin Today – The Bitcoin price keeps on reaching to new levels! Climbing past $1800 today – with way over $1 billion traded over the past 24 hours. Will Bitcoin test $2000 soon?   Bitcoin News Headlines:- Bitcoin’s Price Rise Brings Mt Gox Closer to Solvency Top 4 South Korean Cryptocurrency Exchanges Webjet Ethereum Pilot Targets Hotel Industry’s ‘Dirty Secret’   KPMG acquires fintech matchmaking firm Matchi EU Parliament Report Explores Blockchain’s Social Impact Bitcoin Lender Bitbond Nets €5 Million to Fund New Loans   France’s Newly-Elected President Brandishes a…

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Bitcoin Price continues Bull Run while Altcoins dip

Mainstream media and other news outlets are buzzing with the news that bitcoin is reaching new highs.  In an article by Reuters, they state that Bitcoin hit a record $1,760.40 BTC=BTSP on the BitStamp platform and was last at $1,747.89, up 6 percent on the day. So far this year, bitcoin has surged nearly 80 percent. Bitcoin’s market capitalization on Tuesday soared to $52.5 billion, according to data from coinmarketcap.com.     Read more:  Bitcoin surges to all-time high above $1,700 Altcoins are taking a dip as reported by Bitcoin.com  –…

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Bitcoin News 8 May 2017

Bitcoin Today – The Bitcoin price moved past $1600 twice in the past few days. Did everyone underestimate the impact of the Japanese government’s law to make Bitcoin a legal payment system on 1 April 2017? Seems to be as high traded volume is emanating from the region.   French Election result – Emmanuel Macron is projected to be the new president of France – the EU and Euro seem safe for now – but certainly a good idea to move into the Digital Economy!   News Headlines – Are…

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