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 News 25 June 2017 – Blockchain Technology Rapidly Escalating

Bitcoin News Today – The Bitcoin price continues to consolidate above $2500 which is a very good sign – Ethereum prices have dropped slightly and close to $300 which could have been a reaction as a result of the Flash Crash that occurred towards the end of the week.     Other news headlines: Did you know that the Bitcoin Wallet was dead? Make sure you keep informed regarding best practice when it comes to storing your Bitcoin safe. Nimiq, the World’s First Browser-Based Blockchain, Wants to Unleash the Full…

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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 23 June 2017 – Ethereum Flash Crash and Recovery

Bitcoin News Today – The Bitcoin price continues to look strong as it consolidates over $2700 – is it getting ready for another bull run past $3000? Some experts say that $5000 is in sight. Ethereum suffered a flash crash on the GDAX exchange and some traders gained and others lost causing an outrage.   In a statement by Vice President of GDAX, Adam White, the crash has been blamed on a multimillion dollar sell order that apparently drove prices from $317.81 to $244.48, resulting in a $29.4% loss of…

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Bitcoin News 22 June 2017 – SegWit2x, Blockchain and ICO’s in the spotlight

Bitcoin News Today – Bitcoin price looks strong while consolidating above the $2500 mark – Ethereum dipped under $350 after a very bullish run. Prices cannot constantly go up so consolidation of the price is good.     News Headlines:   South Korean Firm Pays $1 Million in Bitcoin Ransom to Regain Data Status.im ICO Raises Over $270 Million in Under 3 Hours ‘CHICKEN GAME’: reality comes home to roost for UASF supporters Crypviser – protect your financial conversations As a Bitcoin Believer you will want a copy of the…

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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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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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