Bitcoin News 30 June 2017 – Ethereum Network Congestion Eased

Bitcoin Today – The Bitcoin price continues to consolidate around $2500 – enormous growth from the $1000 level of January 2017. Ethereum over the past few days has hovered around the $300 mark and looking strong. The network congestion of the past week or so could be improved as the Ethereum network’s transaction capacity has just been increased.  Stepping up the GAS!       News Headlines: Fidelity Charitable Has Raised $9 Million in Bitcoin So Far in 2017 Demand for Bitcoin Industry Surges, Blockchain & Coinbase Lead Investors Japan…

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Bitcoin News 29 June 2017 – BitVault Embraces Crypto Giants Bitcoin and Ethereum

Bitcoin Today – The Bitcoin price seems to be consolidating again above $2500. Ethereum is on the move again, over $300 after dropping under $250 just a few days ago. With all the development and adoption of these cryptocurrencies and taking a long term view, these prices will go up.   BREAKING NEWS – The World’s First Blockchain Phone, the BitVault, is adding an Ethereum wallet with the same security and features as Bitcoin.     News Headlines today:   Bitpoint Adds Bitcoin and Ether Payments to Platform with Unionpay,…

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BREAKING NEWS: BitVault Embraces Ethereum

BREAKING NEWS – The World’s First Blockchain Phone, the BitVault, is adding an Ethereum wallet with the same security and features as for Bitcoin.     Overview of the BitVault® “Introducing the World’s first blockchain phone, the BitVault. The BitVault is a revolutionary new product that is built around security and privacy enabled through Blockchain technology. Biometric Security enabled through fingerprint and iris scan. Iris patterns are unique to you and are virtually impossible to replicate. This means that iris authentication is one of the safest ways to keep your BitVault…

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Bitcoin News 28 June 2017 – Large Cyber Attack Cripples Global Networks

Bitcoin News today – the Bitcoin price has recovered somewhat and so have the other cryptocurrencies such as Ethereum. Be mindful of the fact that the cryptocurrency market has seen massive growth in the first 6 months of 2017 however, some volatility is expected in the short term.   What is your mindset – Speculator or long term investor? Learn about the fundamentals driving the Bitcoin price – Top Ten Drivers of the Bitcoin Price          News headlines:-   ‘Powerful’ cyber attack on Ukraine goes global – Chernobyl’s…

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

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…

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Bitcoin Believers Gobble up Satoshi’s White Paper

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…

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

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.…

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Bitcoin News 25 June 2017 – Blockchain Technology Rapidly Escalating

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…

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Mainstream Media, Influencing Bitcoin Price and Adoption

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…

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Bitcoin News 23 June 2017 – Ethereum Flash Crash and Recovery

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…

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