Bitcoin Price Continues Edging Higher

Bitcoin price continues pushing higher in cautious but optimistic trade. Leading into major economic events, it is often prudent to stay out of the market. 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 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h30 UTC BTCC 4-Hour Chart From the analysis pages of xbt.social, earlier today: The 4hr chart, although slow and applicable over days and weeks, is looking bullish. The …

Deutsche Bank Explores Outlook For Instant Payments & Blockchain Brings Options

Digital payments can deliver better immediacy and ubiquity than traditional retail payment systems and, therefore, could revolutionize payments, according to a recent Deutsche Bank research paper. The paper, titled “Instant revolution or payments? The quest for real-time payments,” recognizes bitcoin and the blockchain as playing an important role in payment technology as the need for real-time payments expands. In tackling the complex topic of instant payments, the paper reviews the different definitions of instant payments and establishes what it considers a good working definition. The European Central Bank (ECB), for …

Minnesota Official Urges Caution On Bitcoin Despite No Reported Problems In The State

Minnesota’s commerce commissioner has warned consumers in his state to be wary of bitcoin despite no reported bitcoin-related problems, according to Minneapolis The Star Tribune. The warning marks the third U.S. state regulator in a month to issue such a warning. Mike Rothman, the Minnesota commissioner, acknowledged that legitimate businesses are using bitcoin and developing legitimate uses for it to buy and sell goods. He also says there are no reports in Minnesota of consumers being scammed with bitcoin. He nonetheless warns there is a dark side to bitcoin and …

Bitcoin Trading On Tenterhooks

Bitcoin trading is approaching the coming week with caution and fortunately the chart provides us with some technical indications of what to expect before committing money to the market. 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 discount using the code CCN29. Bitcoin Trading and Price Analysis Time of analysis: 11h30 UTC BTCC 1-Hour Chart From the analysis pages of xbt.social, earlier today: It’s easy to see things in the chart after …

Bitcoin Price: Top O’ The Morning

Bitcoin price was showing signs of topping since yesterday and after a strong push to 3100 CNY and $480 (Bitstamp) price plummeted $100 in some exchanges before recovering during the day. 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 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 11h30 UTC Bitstamp 1-Day Chart From the analysis pages of xbt.social, earlier today: The analysis below was already written by the time …

Imogen Heap talks Blockchain in Disrupt Conference

Empowering artists through the blockchain is something that has reached an international audience. Informing a global audience about the advantages of the blockchain far outweigh the negative publicity that it has received. In a TechCrunch interview at a Disrupt conference in London, Imogen Heap gives a detailed description of her MiMu gloves used in performances, but also a very real idea of future practices for artists- music that is- using the blockchain revolution that, she says “will fully blossom next year-2016.” Public awareness has been characterized with pros and …

SWIFT Launches Initiative To Improve Cross-Border Payments Using BlockChain

The Society for Worldwide Interbank Financial Telecommunications (SWIFT), a Belgium-based facilitator of global bank transfers, has launched a cross-border payments initiative to improve bank customer service by increasing transparency, speed and predictability of payments using the block chain. The project, called the Global Payments Innovation Initiative, will focus on business-to-business payments in early 2016, according to Silicon Angle. The service will help companies strengthen global supplier relationships and improve treasury efficiencies, according to the SWIFT website. Companies will be able to gain payments directly from banks along with features such …

Bitcoin Price Approaching November Closing Highs

Bitcoin price is pushing closer to its November closing highs and technical analysis suggests a price correction to the downside is due. 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 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h30 UTC BTCC 1-Hour Chart From the analysis pages of xbt.social, earlier today: So far, so good for our trade from $315 and 2730 CNY that now seems to be reaching …

Eugene Kaspersky: Cryptocurrencies Will Be Banned When They Unsettle National Currencies

Kaspersky Lab CEO and co-founder Eugene Kaspersky says that cryptocurrencies are a brilliant invention while noting their viability in a single world government. He adds that if and when they start supplanting national currencies, governments will move in to ban them. Eugene Kaspersky revealed his thoughts about cryptocurrencies such as Bitcoin at a recent event in Russia. Speaking to assembled journalists during Kaspersky Digital Radio an open talk conference along with other prominent governmental and banking figures from Russia, Kaspersky sees the innovation and the creation of cryptocurrencies as a …

Russia’s Biggest Bank Wants to Join R3, Embrace Blockchain and Avoid Bitcoin

Sberbank, Russia’s largest bank in net assets intends to join the R3-led international blockchain consortium, according to reports. As reported by Russian news publication Kommersant, Sberbank, Russia’s biggest bank with over three times the net assets over its closest competitor is keen on joining the global consortium of 30 banks and financial institutions led by New York-based R3. Speaking to be publication, Sberbank’s First Deputy Chairman of the Management Board, Leve Khasis, confirmed the bank is keeping a close eye on the evolution of blockchain technology. He added the bank …