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 that bitcoin is ‘unkillable,’ or at least remarkably resilient,” said Ari Paul, chief investment officer at cryptocurrency investment firm BlockTower Capital.”
Other news headlines:
While Bitcoiners were enjoying swiping and drawing cash with their Bitcoin Debit cards, the news that Visa are suspending all crypto debit cards outside of the European Economic Area (EEA) from 15 October – now MasterCard is doing the same over the next 90 days. There is now an opportunity to fill this gap!
Security intelligence group RedLock has exposed hackers who were using Amazon Web Services (AWS) computing resources to mine bitcoin. Hackers everywhere – it is time to be aware of this phenomenon and consider ways to secure our digital footprint and assets. Devices connected to the internet can be encrypted using cryptography such as EOT (Encryption of Things)
Regulation is becoming a focus area in many countries and now new legislation introduced in Ukraine will bring the local cryptocurrency ecosystem under the oversight of the country’s central bank.
Malaysia’s central bank has said that the country is the ideal ‘test bed’ for developing financial technology (FinTech) solutions. FinTech, another growing industry in the digital economy.
Smartphones are coming to a blockchain near you, Futuretech on BitVault
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