Bitcoin News 27 June 2017 – Bitcoin and Ethereum Price Drop, Short Term Volatility

Admin

Bitcoin today – the Bitcoin price has dipped below $2500 with most cryptocurrencies following suit – Ethereum dropped below $250. Both of these cryptocurrencies had reached new highs just a couple of weeks earlier… $3000 and $400 respectively.  Short term volatility, yet strong fundamentals giving rise to bullish long term outlook.     News headlines:-   European Banks Select IBM Blockchain for Small Business Trade Finance Premier event – London FinTech week – Will you be there? Find out more about the event here   Bitcoin Adoption Grows in World’s…

Read More

Bitcoin Believers Gobble up Satoshi’s White Paper

Admin

Many have been watching Bitcoin grow in value over the past few years, and in particular, over the past year or so. More investors are being drawn to Bitcoin due to Geo-Political risk, failing economies and traditional investments which create fear and uncertainty.  The high Return on Investment (ROI), strong fundamentals and a bullish outlook for the future of Bitcoin and blockchain technology is very appealing.   During the Global financial crisis of 2007–2008,  which is considered by many economists to have been the worst financial crisis since the Great Depression…

Read More

Bitcoin News: How $1000 Gift turns Teenager into Bitcoin Millionaire

Admin

Just six years ago in 2011, a teenager from Idaho in the USA, decided to invest in Bitcoin when the value was just $12 per coin.  He received a monetary gift from his grandmother and a hot tip from his brother to buy Bitcoin which prompted him to invest in cryptocurrency.   Erik Finman sold his first Bitcoin investments at the end of 2013, at $1,200 per coin, and launched an online education company called Botangle in 2014 with the proceeds.  Botangle connected frustrated students like him to find teachers on video chat.…

Read More

Bitcoin News 25 June 2017 – Blockchain Technology Rapidly Escalating

Admin

Bitcoin News Today – The Bitcoin price continues to consolidate above $2500 which is a very good sign – Ethereum prices have dropped slightly and close to $300 which could have been a reaction as a result of the Flash Crash that occurred towards the end of the week.     Other news headlines: Did you know that the Bitcoin Wallet was dead? Make sure you keep informed regarding best practice when it comes to storing your Bitcoin safe. Nimiq, the World’s First Browser-Based Blockchain, Wants to Unleash the Full…

Read More

Mainstream Media, Influencing Bitcoin Price and Adoption

Admin

Mainstream Media is getting behind Bitcoin in a big way – daily reporting by Media giants such at Bloomberg, Reuters, CNBC and BBC.  Mainstream Media adoption plays a significant role to introduce Bitcoin and cryptocurrency to the greater community, whether the news is sensationalist, good or bad.  The more consumers see information forthcoming from these media giants, the more Bitcoin adoption will grow.   The good news is that the core proposition of Bitcoin is… Democratization of the financial system Financial Independence Freedom from banks and government   But, it…

Read More

Bitcoin News 23 June 2017 – Ethereum Flash Crash and Recovery

Admin

Bitcoin News Today – The Bitcoin price continues to look strong as it consolidates over $2700 – is it getting ready for another bull run past $3000? Some experts say that $5000 is in sight. Ethereum suffered a flash crash on the GDAX exchange and some traders gained and others lost causing an outrage.   In a statement by Vice President of GDAX, Adam White, the crash has been blamed on a multimillion dollar sell order that apparently drove prices from $317.81 to $244.48, resulting in a $29.4% loss of…

Read More

World Money in Perspective – How Big is Bitcoin now?

Admin

How big is Bitcoin in relation to the rest of the world’s money?  Have you missed the opportunity if you haven’t invested yet?  It’s time to put things into perspective.   Bitcoin is just over 8 years old and much of the world still has no idea what Bitcoin actually is.  Considering the fact that Bitcoin has just begun and started at zero value, the growth in the cryptocurrency has strengthened year on year as more acceptance and adoption takes place.  Interesting to note, the current market cap of Bitcoin…

Read More

Bitcoin News 22 June 2017 – SegWit2x, Blockchain and ICO’s in the spotlight

Admin

Bitcoin News Today – Bitcoin price looks strong while consolidating above the $2500 mark – Ethereum dipped under $350 after a very bullish run. Prices cannot constantly go up so consolidation of the price is good.     News Headlines:   South Korean Firm Pays $1 Million in Bitcoin Ransom to Regain Data Status.im ICO Raises Over $270 Million in Under 3 Hours ‘CHICKEN GAME’: reality comes home to roost for UASF supporters Crypviser – protect your financial conversations As a Bitcoin Believer you will want a copy of the…

Read More

Blockchain News: India Blockchain Mastermind 2017 Event – Sharing the Vision

Admin

India is at the forefront of Blockchain innovation and development in the digital economy.  This enlightening and thought-provoking India Blockchain Mastermind 2017 event being held on 24 June, 2017 in Gurugram, India, brings together leaders across multiple industries.   An exciting event not to be missed, limited seating – register now!   About the Event:- “India Blockchain Mastermind, organized by VVDN Technologies will take place on 24th June 2017 in Gurugram, India. India Blockchain Mastermind Conference 2017 will bring together a diverse range of experts who will discuss all the opportunities,…

Read More

Bitcoin News 19 June 2017 – Bitcoin drives down Remittance costs

Admin

Bitcoin News Today – The Bitcoin price seems to be consolidating over $2500 during the past few days and Ethereum seems to be consolidating over the $350 mark. Both have had enormous growth over the past month with the market cap for all cryptocurrencies being over $110 billion.     Other news headlines:-   Blockchain in France: A Primer on an Emerging Market How to start a Fake Cloud Mining business, Easy and Risk-free – Uncle Scam Chinese Explore Future of OTC Trading at Bitcoin Meetup Venezuelans Are Seeking a…

Read More