IDACB will promote blockchain data via Bloomberg and Reuters

  The year 2018 in cryptocurrencies is marked as the year of catching up with the popularity and capitalisation of cryptocurrencies in 2017. The ICO market has a great potential for expansion and growth. However, the existing solutions have only been established within the niche of ICO market without crossing its boundaries. Thus, the sector needs responsible and trustworthy informers.     International Decentralised Association of Cryptocurrency and Blockchain (IDACB) will negotiate with Bloomberg and Thomson Reuters on the incorporation of analytical and financial blockchain data in software solutions. The…

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Circle buy Poloniex Crypto Exchange

As the value of cryptocurrencies continues to grow, so does the opportunity for business acquisitions. Circle, a peer-to-peer payments technology company using the blockchain, founded by Jeremy Allaire and Sean Neville in October 2013 have just announced the acquisition of Poloniex, a crypto exchange.       According to Reuters, Circle is “one of the leading players in the over-the-counter market for bitcoin trading, and is soon launching a retail-focused app for buying cryptocurrencies, Circle Invest.  One of the best-funded blockchain startups, its investors include Goldman Sachs Group Inc and…

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Cryptocurrency Market Cap over $347 Billion

2017 has been the year of cryptocurrency.  The market has grown in value by 1850% since 1 January 2017 as Bitcoin and some cryptocurrencies have rocketed in price.  The Bitcoin meteoric rise is being reported by mainstream media daily sparking interest across the globe.  One of the drivers of the Bitcoin price is certainly the news that the CME Group, the world’s largest options exchange, integrates its Bitcoin futures exchange by 17 December and open to trading the following day.  The CBOE (Chicago Board Options Exchange) announced plans for Bitcoin contracts…

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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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