Incredible growth in value – Bitcoin up 195% and Ethereum 775% in just one year!

Just one year ago, Bitcoin prices were in the $400’s and now reaching levels of over $1300.  A remarkable growth achievement for the Internet of Money, Bitcoin introduced just over 8 years ago. Flash back to a year ago…   Bitcoin Price Ends Turbulent Week as Bull Run Fades – While bitcoin’s rally produced some quick gains, it lasted only a short while before the digital currency changed direction and started declining.  One factor was that trading volume during the run-up was “lackluster”, Arthur Hayes, co-founder and CEO of BitMEX, told CoinDesk.…

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Antigua and Barbuda drafting Bitcoin Laws to Drive Adoption

The Bitcoin Domino effect has reached the Caribbean!   News just out – Antigua and Barbuda drafting new laws implementing Bitcoin in the twin-island country.   Following on from latest news out of Japan making Bitcoin a Legal Payment System from 1 April 2017; Malta’s PM approving draft strategy Bitcoin and Blockchain adoption as well as recently reported, India making plans to legalize Bitcoin and Russia setting investigation in motion.       “The Cabinet of Antigua and Barbuda has instructed their Attorney General, Steadroy Benjamin, “to draft laws for the…

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India making plans to Legalize and Regulate Bitcoin

When Japan recognized Bitcoin as a legal payment system on 1 April 2017, it wasn’t long before other countries started to allude to the fact that they were seriously researching cryptocurrency and blockchain technology in order to consider following suit. One of those countries was India.  The Indian Government have made no secret of the fact that they are moving towards a digital economy – we witnessed the demonetization process that was started on the 8 November 2016.     Recent reports from local news reports and India’s CNBC broadcast,…

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Bitcoin News 28 April 2017

Bitcoin Today – The Bitcoin price is recording new highs and $1500 could be the next threshold to reach. There are many events driving this price like the good news stories of Bitcoin and blockchain adoption by Countries, Central banks, Global Funds, ETF’s, FinTech as well as the Geo Political events such as the French Elections and Brexit.     Other News headlines – There’s a Big Difference Between Electronic Fiat and Cryptocurrency; Japanese Banks Trial Virtual Currency For Funds Transfers; Ethereum’s Ether Token Tops $60 to Set New All-Time…

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Bitcoin Price Watch 28 April 2017

Bitcoin prices this week have moved past the $1250 level and on to $1300 plus. What is driving these prices? French Elections are coming up and Brexit continues. Governments and Central Banks from various countries are stepping up to the Bitcoin and Blockchain plate – a domino effect since the legalization of Bitcoin as a payment system in Japan on 1 April 2017.  Global Bitcoin Fund of $300million launched and the Winklevoss Bitcoin ETF is being reviewed by the SEC.     Get your copy of What is Bitcoin This…

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Bitcoin Prices on the Move!

The Bitcoin value continues to grow exponentially recording a new high over $1300!  An incredible achievement for a computer program, payment system and store of value that was introduced just over 8 years ago.     2017 has been a year of action, from the People’s Bank of China suspending and regulating Chinese exchanges;  Japan making Bitcoin a legal payment system;  the First Bitcoin EFT denied and subsequently being reviewed by the SEC;  the Bitcoin scaling debate that will see SegWit most likely to be activated; Malta Government embracing Bitcoin…

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Bitcoin and Fiat Currency Can Coexist says South Korea Central Bank

South Korea has added their name to the growing list of Central Banks investigating digital currencies and the regulating thereof. Bitcoin is a digital currency that uses peer-to-peer technology to operate without central authority or banks. Regulation of Bitcoin companies in some countries has started and this is a very bullish sign for Bitcoin adoption and investment.   Some of the forerunners are:-   Japan – Japan’s Bitcoin Law Goes Into Effect   China – PBoC Official: China’s Bitcoin Exchanges Need Strict Supervision   India – Regulating Bitcoin in India   Malta…

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The ETF is back – SEC to review Winklevoss Bitcoin ETF rejection

Just when we thought the Winklevoss “Bitcoin ETF” twins were back to the drawing board, in an interesting turn of events, the SEC has granted a review of the disapproval after the Bats petition.   “Pursuant to Rule 431 of the Rules of Practice,11 BZX’s petition for review of the Disapproval Order is granted. Further, the Commission hereby establishes that any party to the action or other person may file a written statement in support of or in opposition to the Disapproval Order on or before May 15, 2017.”  …

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Bitcoin News 25 April 2017

Bitcoin Today – The Bitcoin price still looking good. Hovering around $1250, is this the new level? Is the price consolidating and getting ready for a push past $1300? With all the good news surfacing, no doubt the price is so bullish.     Bitcoin News Headlines – AT&T Explores Cryptocurrency Car Payments in New Patent Filing; Beware, CIA and criminals can steal your Bitcoin; 88% of companies support SegWit; Research: India’s Push toward Digital Currency to Spur Smartphone Sales; The domino effect of Bitcoin and Blockchain, roll on Malta;…

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BEWARE: CIA and Criminals can steal your Bitcoin!

Wikileaks has exposed the CIA hacking tools and techniques in the largest publication of confidential documents on the agency – we are not only vulnerable to the criminal element but it appears the CIA too.     Some of us are probably compromised without being aware of it – Assess your vulnerability and seriously consider what to do about it. What is “Vault 7” – it is the Wikileaks’ codename for a series of massive document releases on the e-surveillance and cyber-warfare techniques of the CIA. It is not known how…

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