Bitcoin Exceeds 1000% growth in 12 months

Bitcoin is smashing all-time records, recording a high of $8082 during the early hours of Monday, 20 November 2017.  This rally after a 29% drop in price earlier this month.  What is driving this price?       There has been much activity around Bitcoin during this year that could be tabled as drivers. Firstly, Japan made Bitcoin a legal payment system on 1 April 2017.  As shown in the graph below, the Japanese Yen dominates Bitcoin traded volume in the currency split followed by the USD and the South…

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BitVault® introduced to FinTech community at London event

Embedded Downloads officially introduced BitVault®, the world’s first blockchain phone and crypto communicator at an event on 31 October 2017. The event was held at an exclusive London venue with Kash Amini, global brand representative and ambassador for BitVault®, welcoming selected guests from the banking, fintech and corporate community to an evening of food, drinks, and entertainment. The event was also attended by representatives of VVDN Technologies from India, the design and manufacturing partner for the BitVault®. According to Embedded Downloads the product was well received and the company and…

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EOT Protecting the Connected, the Internet of Things (IoT)

EOT is a cryptocurrency with a strong use case as it is used to encrypt devices connected to the internet known as IOT, the Internet of Things.  IOT needs EOT.   Here is a roadmap of the first devices and applications that will use cryptography for encryption, a growing trend.         September 2017 – Swiss Bank in Your Pocket integrates EOT Wallet October 2017 – BitVault®, the world’s first blockchain phone launches in London with integration of EOT for secure calling, secure messaging and secure browsing November 2017 –…

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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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Bitcoin News 11 October 2017 – Dubai Delivers Blockchain Strategy to Implementation

Bitcoin News Today and Dubai is leading globally in taking a blockchain strategy set out in 2016 to implementation by 2021 – with over a million records have been populated on the platform. The Dubai Land Department (DLD) system records all real estate contracts which include lease registrations. The system links them with the Dubai Electricity and Water Authority, the telecommunications system as well as holds personal tenant information, Emirates Identity Cards and the validity of residency visas for ease of remote payments.   Another milestone achievement for Smart Dubai…

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Pay University Fees with Bitcoin at Swiss University

The University of Lucerne, Switzerland, has joined a growing list of universities embracing Bitcoin and the Digital Economy.  Some universities offering courses in blockchain technology, while others are accepting Bitcoin as payment.   Full article here  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, the BitVault®   Download the FREE BIT-MEDIA APP below!

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