Bitcoin News 31 May 2017 – Bitcoin vs Ethereum?

Bitcoin Today – the Bitcoin price dropped a few hundred dollars from last week’s high of over $2700 – the price seems to be consolidating around the $2200 level. Ethereum now trading over $220 – bullish outlook for both. Referred to as the Lion and the Shark by Andreas Antonopoulos – two very different cryptocurrencies.       News headlines:-   Markets Update: Cryptocurrency Prices Rebound After Last Week’s Dip Bolivia’s Government Arrests 60 People Over a Pyramid Scheme – Not Bitcoin Skyrocketing bitcoin is more than just an investment…

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Does Ethereum Compete with Bitcoin?

Bitcoin and Ethereum are both receiving a lot of attention from the market and both have seen enormous gains of late. Yet there are many who are confused as to the similarities or differences between the two cryptocurrencies. Both are open, borderless and permissionless which is allowing for the explosion of innovation we are currently witnessing however, Bitcoin and Ethereum have different paths and thus different applications. Both are to be celebrated.     Watch this video by Andreas Antonopoulos – The Lion and the Shark: Divergent Evolution in Cryptocurrency…

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More Attacks on Android phones – Cloak and Dagger!

Attacks via android mobile phones are commonplace these days leaving us vulnerable with our information compromised. Cybercrime is ever increasing and it is the single biggest threat in our new digital economy.           Nowadays, we are public by default and private by design and it is not just Big Brother watching us… it’s his entire family! Download apps with care and think twice before you click on random links – things are not always as they seem to be.   Read more:-  Cloak and Dagger Attack…

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Bitcoin Fever Explodes across Japan

Since 1 April 2017 and the introduction of the new bitcoin law, Japan is moving full steam ahead with bitcoin adoption.  Shortly after the law was set in motion, Major Japanese retailers embraced bitcoin payments, namely Bic Camera and Recruit Lifestyle.   Recently, Peach Aviation, a popular Japanese Airline, announced they were to accept bitcoin as payment for flights.  In a statement by Shinichi Inoue, the founder and CEO of Peach “We want to encourage visitors from overseas, and the revitalization of Japan’s regions. This is a real first step in partnerships for…

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Global Exchanges Straining Under Increased Demand for Bitcoin

Trading platforms globally are taking strain under the increased demand for bitcoin and some alternative coins. This is on the back of rising prices which is causing mainstream media to take notice.  Reports on the bitcoin price to the wider public is becoming common place as interest in the new digital economy grows.  More and more individuals are adopting bitcoin and the first thing that a newbie does… is open up a wallet on an exhange and attempt to buy.   As a result of this influx, a few exchanges…

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Bitcoin News 25 May 2017 – Bitcoin Price Booming!

Bitcoin Today – The Bitcoin price continues to surge ahead and beyond $2600. Are we headed for $3000 in the next few days?   Bitcoin Headlines:   Bitt Reveals Big Plans for Cross-Caribbean Blockchain Settlement Network Bitcoin Price Blazes Past $2400 and Higher in Japan, India and South Korea Whoa! Bitcoin Prices are Booming Fintech revolution will ‘create’ more jobs than it cuts Naspers pours $5M into Coins, a fintech startup for Southeast Asia’s unbanked population Is Bitcoin divisible… if so, how? Cryptocurrency Mania Goes Beyond Bitcoin It’s not just…

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Whoa! Why are Bitcoin Prices Booming?

Bitcoin prices are booming!  As we always say, look at the fundamentals and you will realize that Bitcoin is unstoppable. So, what are the reasons?  Here are a few to consider:-     Who is behind the Spike in Bitcoin prices?  “Bitcoin is up 30% since Friday’s opening prices. It’s doubled in a month. Where’s the demand coming from? It looks like China. Chinese stocks are down around 8% in the past month. Meanwhile, global stocks have been bid (German stocks +6%, U.S. stocks +7%). And gold is flat. But…

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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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Has Bitcoin’s Scaling Debate Finally reached Agreement?

The big elephant in the room has been the big scaling debate between developers and miners for the past two years.  This year saw a faceoff between Bitcoin Core / Segregated Witness and Bitcoin Unlimited which turned pretty nasty at times.  We now hear that there could be acceptance by all parties on implementing an agreed scaling solution… imminently!   Reported by CoinTelegraph:- “According to sources, a number of Bitcoin businesses owners, including Barry Silbert (Digital Currency Group), Roger Ver (Bitcoin.com) and major mining players Jihan Wu (Bitmain) and Valery…

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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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