Bitcoin ‘Illuminati’ Envision Far-Reaching Possibilities at Branson’s Necker Island Summit

Blockchain technology could bring $20 trillion worth of capital into the world economy and help lift people out of poverty, according to a plan by economist Hernando de Soto and Peruvian presidential candidate Keilo Fujimori. Their videoconferenced presentation was one of many highlights of Sir Richard Branson’s second annual Blockchain Summit on Necker Island, which […]

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Ethereum Announces “Unlimited” Scalability Roadmap

Vitalik Buterin, founder of Ethereum, has laid out an incredibly ambitious roadmap with “unlimited” scalability within two years in a 43-page analysis of blockchain technology and its strength and weaknesses in a public or private setting. “The long term goal for Ethereum 2.0 and 3.0 is for the protocol to quite literally be able to […]

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Bitcoin Price Intermediate Correction

Bitcoin price has begun to slowly lose altitude below $580 (Bitstamp). As usual, exuberant buying continues at the wave top, so upward spikes may still form. Analysis looks for the initial confirmation of a downward price correction. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? […]

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Mastercard International Chief: Blockchain Is Good for the Future

MasterCard international President Ann Cairns has called blockchain, the technology powering bitcoin, a very promising technology which MasterCard sees as a “good thing for the future.” Private banking corporations, investment banks, stock exchanges, and even central banks have taken deliberate, extensive measures to understand the innovation of blockchain technology in an effort to apply it […]

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BlockCypher Offers Ethereum and Bitcoin APIs on One Platform

BlockCypher, a provider of web services that supports bitcoin blockchain applications, announced that its web services will now allow companies to build applications using the Ethereum protocol without needing blockchain infrastructure. The company made the announcement at the Exponential Finance conference in New York, N.Y. BlockCypher claims to be the first software provider to offer […]

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Chinese Bitcoin Mining Firm Canaan Acquired for $422 Million

Chinese bitcoin mining firm Canaan Creative (more commonly known by its brand Avalon), is being acquired for a reportedly princely sum of ¥3.06bn, approximately $466 million. It makes for a notable business deal in the bitcoin mining industry, perhaps the most notable yet. Beijing-based Canaan Creative, known for its bitcoin mining chip brand Avalon is […]

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Venture Capitalist: Banks Are Oblivious to Bitcoin’s Best Feature

Investor Fred Wilson, co-founder of Union Square Ventures, thinks banks are missing the most important opportunity bitcoin offers by building private blockchains. Speaking on a panel with Nathaniel Popper of The New York Times at the CB Insight “Future of Fintech,” he said the transformative value of virtual currency will be on a public blockchain, […]

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New Orleans Sees a New Bitcoin ATM from Coinsource

Coinsource, a leading Bitcoin ATM network, has expanded its distribution of ATMs by setting up its first bitcoin ATM in New Orleans, Louisiana, in addition to new machines in Newark and Jersey City, New Jersey, with the total number of Coinsource bitcoin ATMs on the East Coast rising to 15. The Texas-based company’s latest additions […]

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Should the DAO Hire Professional Consultants?

Decentralized organizations have a tendency to require much input from very few people, with the vast majority relying on their free and voluntary work. However, as they provide their input due to simple interest, they may be unwilling to take a fully comprehensive and professional approach. The volunteers eventually take a semi-leadership position, but lacking […]

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Bitcoin Price Testing Traders’ Patience

Bitcoin price keeps simmering below $600. Perhaps ominously so. Direction is uncertain and the advice to traders remains the same: rather than anticipate the move, let the market show the way. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 […]

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