Happy Lunar New Year to all our Chinese friends – Year of the Rooster!
The Bitcoin price has been sideways moving since mid January and consolidating around the $920 level. Nice going..!
In the Bitcoin news today – Venezuelan authorities are cracking down on Bitcoin mining facilities and are focused on “weakening” these mining operations within the region; Ethereum at a crossroad as corporate interest grows; Last week at the World Economic Forum 2017 Annual Meeting in Davos, Switzerland, the technology firm Bitfury announced the formation of the Global Blockchain Business Council (GBBC); Cryptoseed Adds Security to Your Bitcoin Recovery Seed; Paxful has unleashed their new ‘Bitcoin Kiosk’ widget allowing anyone to buy bitcoin in 300 different ways; A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments – 60 page report.
More patents on the cards – Canada’s largest bank is seeking a patent for a secure means of processing payments that could connect with a public blockchain.
Financial advisory firm Rothschild & Co. issued an unusual warning on Monday: stay away from a “fraudulent” digital currency – we couldn’t agree more!
Add your predictions for the Bitcoin Price for next Friday below this video – Jackpot prize 0,5 bitcoin
Check out the programme for London Blockchain Week – great event!
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Watch the Bitcoin News from 25 January 2017
Watch the Bitcoin News from 29 January 2017
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