Bitcoin today – The Bitcoin touched $900 and now flitting around the high $800’s. Geo Politically we are in uncertain times. The inauguration of President Donald J Trump; possible trade wars between China and the USA which should concern emerging markets; China investigating and regulating Bitcoin organisztions and capital flight woes; upcoming French elections, expected Hard BREXIT and not forgetting Chinese New Year on 28 January. A lot going on.
Other Bitcoin news headlines – Chinese capital flight and investing in bitcoin; Malaysia Focuses on FinTech, Gives Alibaba Founder Jack Ma Important Role; Coinbase co-founder Fred Ehrsam is leaving the San Francisco bitcoin startup; Fed Chair Yellan says blockchain is an important technology; China’s Biggest Blockchain Startup Will Release New Tech in 2017 and the Mysterious Case of Japan’s Bitcoin Trading Volumes.
Accenture reported “Blockchain technology could help the world’s largest investment banks cut their infrastructure costs by between $8 to $12 billion a year by 2025”.
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