Bitcoin News 27 June 2017 – Bitcoin and Ethereum Price Drop, Short Term Volatility

Bitcoin today – the Bitcoin price has dipped below $2500 with most cryptocurrencies following suit – Ethereum dropped below $250. Both of these cryptocurrencies had reached new highs just a couple of weeks earlier… $3000 and $400 respectively.  Short term volatility, yet strong fundamentals giving rise to bullish long term outlook.     News headlines:-   European Banks Select IBM Blockchain for Small Business Trade Finance Premier event – London FinTech week – Will you be there? Find out more about the event here   Bitcoin Adoption Grows in World’s…

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Bitcoin Believers Gobble up Satoshi’s White Paper

Many have been watching Bitcoin grow in value over the past few years, and in particular, over the past year or so. More investors are being drawn to Bitcoin due to Geo-Political risk, failing economies and traditional investments which create fear and uncertainty.  The high Return on Investment (ROI), strong fundamentals and a bullish outlook for the future of Bitcoin and blockchain technology is very appealing.   During the Global financial crisis of 2007–2008,  which is considered by many economists to have been the worst financial crisis since the Great Depression…

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Bitcoin News: How $1000 Gift turns Teenager into Bitcoin Millionaire

Just six years ago in 2011, a teenager from Idaho in the USA, decided to invest in Bitcoin when the value was just $12 per coin.  He received a monetary gift from his grandmother and a hot tip from his brother to buy Bitcoin which prompted him to invest in cryptocurrency.   Erik Finman sold his first Bitcoin investments at the end of 2013, at $1,200 per coin, and launched an online education company called Botangle in 2014 with the proceeds.  Botangle connected frustrated students like him to find teachers on video chat.…

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Mainstream Media, Influencing Bitcoin Price and Adoption

Mainstream Media is getting behind Bitcoin in a big way – daily reporting by Media giants such at Bloomberg, Reuters, CNBC and BBC.  Mainstream Media adoption plays a significant role to introduce Bitcoin and cryptocurrency to the greater community, whether the news is sensationalist, good or bad.  The more consumers see information forthcoming from these media giants, the more Bitcoin adoption will grow.   The good news is that the core proposition of Bitcoin is… Democratization of the financial system Financial Independence Freedom from banks and government   But, it…

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Bitcoin News 19 June 2017 – Bitcoin drives down Remittance costs

Bitcoin News Today – The Bitcoin price seems to be consolidating over $2500 during the past few days and Ethereum seems to be consolidating over the $350 mark. Both have had enormous growth over the past month with the market cap for all cryptocurrencies being over $110 billion.     Other news headlines:-   Blockchain in France: A Primer on an Emerging Market How to start a Fake Cloud Mining business, Easy and Risk-free – Uncle Scam Chinese Explore Future of OTC Trading at Bitcoin Meetup Venezuelans Are Seeking a…

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London FinTech Week News

Returning for the fourth year from the 7th to 14th of July 2017, London FinTech week is set to be a premier event not to be missed.  London remains the FinTech capital of the world and the agenda for the event does not disappoint.   For a sneak preview of the event, watch this video below:-         Listen to a podcast regarding the lineup and agenda here   Collect Your Free PDF – The Bitcoin Believers Business Manifesto Please leave your comments below – let us know…

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Bitcoin News 14 June 2017 – Ethereum Value Proposition Booming

Bitcoin Today – the Bitcoin price, as well as the Ethereum price, are doing a sideways shuffle while 24-hour trading volume between the two is reported close.  Ethereum value proposition is booming as governments, central banks, businesses and influx of ICO’s is apparent.     Other news headlines:-   PwC Principal: Cryptocurrencies Could Power New Economy Morgan Stanley Says Bitcoin Needs Regulation to Keep Rising “Due To Popular Demand” Goldman Starts Covering Bitcoin Bitcoin Exchange Coinbase Suffers ‘Major Outage’ Amid Trading Frenzy Battle of the Giants – Bitcoin vs Ethereum…

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Consumers Driving Bitcoin Price

New Consumers are joining the Digital Cryptocurrency market daily – what are the reasons why Consumers are adopting Bitcoin so readily? Here are some of the reasons:-   As a Payment System – Bitcoin is sent across the Internet quickly and cheaply without the need for costly 3rd parties As a Speculator – short term trading as a revenue stream As a long term Investment – Bitcoin, a store of value, is on an upward trend with long-term fundamentals strong Using bitcoin as a natural hedge for local Fiat Currency  …

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The Bitcoin Wallet is Dead!

Every day, people are being introduced to Bitcoin and the first thing everyone does is open up an online wallet so that they can begin transacting with Bitcoin. The understanding of the different wallets available is key to ensure the safety of your digital assets.   Watch the video here:-   In this short video, discussion points as follows:–   Faith in Third Party Providers such as Exchanges; Online Wallet Providers and Mobile Apps often this trust ends in Tears! For Example, MtGox, Bitfinex plus other recent exchange hacks and…

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The ETF is back – SEC to review Winklevoss Bitcoin ETF rejection

Just when we thought the Winklevoss “Bitcoin ETF” twins were back to the drawing board, in an interesting turn of events, the SEC has granted a review of the disapproval after the Bats petition.   “Pursuant to Rule 431 of the Rules of Practice,11 BZX’s petition for review of the Disapproval Order is granted. Further, the Commission hereby establishes that any party to the action or other person may file a written statement in support of or in opposition to the Disapproval Order on or before May 15, 2017.”  …

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