Bitcoin and Ethereum, Record Breaking First 6 Months of 2017

Bitcoin and Ethereum – Two Crypto Giants have emerged!  We review the performance of Bitcoin and Ethereum for the first six months of 2017 as well as events that contributed to the exponential growth of these two cryptocurrencies.     Firstly, what is the difference between Bitcoin and Ethereum? Bitcoin is a store of value and payment system and the most valuable cryptocurrency Ethereum is a programming language and decentralized platform that runs smart contracts – A World Super Computer that would decentralize and democratize the existing client-server model What…

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Bitcoin News – Exponential Growth of Cryptocurrency Market

Bitcoin is the Trailblazer and King of Cryptocurrency also known as the “Internet of Money”.  The success of Bitcoin has led to the exponential growth of the altcoins market such as Ethereum, Ethereum Classic, Ripple, NEM, Litecoin, and Dash.  The first six months of 2017 has seen a spurt of growth from Bitcoin, Ethereum and various Altcoins that pushed the market cap over $100 billion collectively.   The various cryptocurrencies are not all the same as they have different applications.  For example:- BITCOIN – a store of value and payment…

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Bitcoin News 30 June 2017 – Ethereum Network Congestion Eased

Bitcoin Today – The Bitcoin price continues to consolidate around $2500 – enormous growth from the $1000 level of January 2017. Ethereum over the past few days has hovered around the $300 mark and looking strong. The network congestion of the past week or so could be improved as the Ethereum network’s transaction capacity has just been increased.  Stepping up the GAS!       News Headlines: Fidelity Charitable Has Raised $9 Million in Bitcoin So Far in 2017 Demand for Bitcoin Industry Surges, Blockchain & Coinbase Lead Investors Japan…

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Bitcoin News 28 June 2017 – Large Cyber Attack Cripples Global Networks

Bitcoin News today – the Bitcoin price has recovered somewhat and so have the other cryptocurrencies such as Ethereum. Be mindful of the fact that the cryptocurrency market has seen massive growth in the first 6 months of 2017 however, some volatility is expected in the short term.   What is your mindset – Speculator or long term investor? Learn about the fundamentals driving the Bitcoin price – Top Ten Drivers of the Bitcoin Price          News headlines:-   ‘Powerful’ cyber attack on Ukraine goes global – Chernobyl’s…

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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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