Addressing Bitcoin’s volatility challenge – New Dollar Backed Digital Currency introduced

BEIJING, Nov. 14, 2017 /PRNewswire/ — Sources at the leading Blockchain company Coinfix Inc. disclosed that they have launched USC, an encrypted digital asset pegged to the U.S Dollar. With a fixed exchange rate of 1:1, it means that holders of USC will have the flexibility of a digital asset and the assurance of US dollar value.   Kevin Yu, the founder of Coinfix, argues that the appeal of USC lies in its stability, efficiency, and security. USC includes a mechanism for stability by requiring Coinfix users to store corresponding USD in their Coinfix account. One unit of USC will be issued on Blockchain only…

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Bithumb takes over 51% of global market share within five days of integrating QTUM

SEOUL, South Korea, Nov. 13, 2017 /PRNewswire/   Bithumb’s trading volume jumps sixfold overnight after integrating QTUM Bithumb ranks first in global exchange for Ethereum (ETH), Bitcoin Cash (BCH), and Ripple (XRP) Bithumb’s tenth coin, QTUM, reaches a new all-time high of 17,053 KRW since integration Ranking for Bithumb exchange   Within five days of integrating QTUM as its tenth coin, Bithumb has become the largest QTUM exchange. On October 20th, “Bithumb” (CEO Kim Dae-shik), the world’s largest cryptocurrency exchange, listed QTUM as its tenth coin and ranked first in the QTUM exchange with 51% of…

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Bitcoin Pushes Past $7000, is this sustainable?

Bitcoin one year ago was trading at $733, today Bitcoin is over $7000, an increase of more than 860% in 12 months.   source – Cryptocompare   Numerous questions arise as to the resilience of Bitcoin and why the price is driving towards new highs, some predicting from $10,000 by end of 2017 to the prediction of $27,000 in a few months time by Trace Meyer.   As reported by bitcoin.com, Economist Jeffrey Tucker believes that Bitcoin will not be controlled or limited by governments.  Tucker says “Bitcoin is the application…

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World’s Biggest Options Exchange (CBOE) Embraces Bitcoin

A 1.6 Billion Bitcoin Opportunity for Wall Street Exchanges detailed by a cryptocurrency report by the Bank of America Merril Lynch. Bitcoin can no longer be ignored as more investors want exposure to the cryptocurrency. Futures Options and ETF’s are the focus points for a collaboration between Gemini Bitcoin Exchange and the Chicago Board Options Exchange – when this comes to fruition, it could put a fire under the Bitcoin price and value.     In a recent Coindesk article on Bitcoin Futures Trading – “Among CME Group chairman and CEO…

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Reasons Why the Bitcoin Price is Booming

Bitcoin is booming as believers and skeptics alike watch on.  Some influential people have been giving their opinions regarding Bitcoin – calling the cryptocurrency anything from “fraud” to “bubble” as well as predictions that the price is “heading towards $25,000”. There are a number of reasons why Bitcoin has so rapidly escalated during 2017, a few of which are highlighted in the short video below.       Graph showing growth over the past 12 months – Cryptocompare     Japanese Yen buying the lion’s share of Bitcoin     Top…

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Bitcoin News 13 October 2017 – Bitcoin Price Flirts with $6000 as Bitcoin Gold Nears

The Bitcoin news today with the latest bitcoin rally heading the news. An incredible surge in the price overnight which pushed to a new all-time high of over $5800. The proposed hard fork on 25 October (Bitcoin Gold), as well as the growing regulatory environment in many countries, could be a driving factor attracting more investors and thus, the price.   As reported by CNBC – “The fact that bitcoin was able to hit an all-time high just weeks after a slew of negative news “signals to investors and traders…

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Decentralized Identity Foundation in Motion

Introducing the Decentralized Identity Foundation and learn more about their four pillars. The DIF is building “an open source decentralized identity ecosystem for people, organizations, apps, and devices.”         For more info on the Foundation, go to:  http://identity.foundation/   Protecting your digital footprint is vital.  Have you heard that Smartphones are coming to a blockchain near you, Futuretech on BitVault – It’s all about security and privacy, your right!       Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave your questions and comments below:…

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India News Express Explains the new BitVault® in Hindi

Gurugram-based VVDN in partnership with Irish company Embedded Downloads unveiled blockchain technology based smartphone BitVault® .  Recently, the company announced a dedicated sales team to service the Indian Market.   गुरुग्राम बेस्ड मोबाइल कंपनी वीवीडीएन ने आइरिश कंपनी एम्बेडेड के साथ मिलकर अपना स्मार्टफोन बिटवॉल्ट लॉन्च कर दिया है। 75 हजार रुपये कीमत वाला ये स्मार्टफोन ब्लॉकचेन टेक्नॉलजी पर आधारित है।   Watch this short news clip in Hindi:-         Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave your questions and comments below: What is…

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Bitcoin News 1 October 2017 – Japan, Setting the Trend for Bitcoin

Bitcoin News Today and it is clear that Japan is dominating the Bitcoin Market and it is not going unnoticed. It is incredible to see that when a country takes the bold step to legalize Bitcoin and regulate associated enterprises as Japan did, businesses such as banks are able to get involved in the new economy legally. Japan’s Financial Services Agency (FSA) has issued operating licenses to 11 bitcoin exchanges, will a number of them still awaiting approval. In Japan, even the man in the street has an opportunity to…

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Bitcoin Support in Japan Rapidly Escalating

Since the Japanese Government legalized Bitcoin as a payment system, the adoption of the cryptocurrency by the people, the value increase as well as the dominance of the Yen in the global traded volume has been rapidly escalating.       BTC Volume by Currency     Price Chart   Japan Driving Government Adoption   Collect your FREE PDF – The Bitcoin Believers Business Manifesto Please leave your questions and comments below: What is EOT?  Learn more by clicking on the image BELOW   Introducing the World’s First Blockchain phone,…

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