MIT Bitcoin Expo Explores Emerging Market Challenges And Opportunities

The second day of the MIT (Massachusetts Institute of Technology) Bitcoin Expo in Cambridge, Mass. featured speakers on a variety of topics ranging from technical issues like the size of the blockchain to social concerns like social inequities that technology perpetuates, according to Nasdaq. Hosted by the MIT Bitcoin Club, the third annual MIT Bitcoin […]

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How Blockchain Technology Can Benefit Many Industries Beyond Finance

Blockchain technology is largely associated with the financial sector, but distributed ledger applications have much to offer other industries as well. Deloitte University Press recently released a report titled, “Beyond bitcoin, blockchain is coming to disrupt your industry,” examining blockchain’s application in different industries. Industries besides the financial sector include: media, consumer products, industrial products, automobiles, […]

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Bitcoin Price Under Pressure

Bitcoin price decline reversed at $380 (Bitstamp), yesterday, and is currently running into upside resistance. It is still too soon after the last strong wave down to confidently call the next move, and analysis suggests staying out of the market until the present chart indications resolve. This analysis is provided by xbt.social with a 3-hour […]

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Genesis Mining Launches First Bitcoin Mining Fund

Genesis Mining, which provides computer equipment to create bitcoins in the cloud, has launched the world’s first fund that invests in hardware used to create the digital currency, according to Reuters. The company said it registered the fund, called the Logos Fund, with the Securities and Exchange Commission and will invest $ 1 million in […]

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Zebpay App Makes Bitcoin Transactions Faster, Automatically Finds Best Price

Zebpay, a bitcoin wallet with offices in India and Singapore, has added some innovative features to its app. Users can set their own bid/ask price when trading bitcoin, they can keep a rupee balance to instantly buy bitcoin, and they can check transaction status, according to the company website. Instead of having to do a […]

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Bitcoin Price Exceeds Downside Target

Bitcoin price is extending below target as the idiocy of Gav&MikeCoin becomes apparent. Not only is Gav a limited capacity coder, but Mike has run away – leaving bright-spark Brian “Buzz” Armstrong to fend for his Silicon Valley Bank licence alone. It’s all going to end in tears. This analysis is provided by xbt.social with […]

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A Legal Perspective of the European Court Ruling Exempting Bitcoin from VAT Tax

Business Law Magazine, a German publication, reviewed a European Court of Justice ruling exempting bitcoin from value added tax (VAT) which was hailed as a victory by bitcoin advocates. The article by attorney Heinz Zimmermann noted that bitcoin has seldom been the focus of analyses addressing taxes. In presenting the court’s decision, the article reviewed […]

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Former Credit Union Official Charged With Taking Bribe From Illegal Bitcoin Exchange

A U.S. court has charged Trevon Gross, the former chairman of a Jackson, N.J. federal credit union, with accepting $150,000 in bribes to turn the credit union’s functions over to the operators of Coin.mx, an illegal bitcoin exchange, according to NJ.com, a New Jersey news site. The office of Preet Bharara, the U.S. Attorney for […]

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Japan’s Cabinet Passes Bills to Offiically Recognize Digital Currencies As Real Money

What makes a currency “real?” Is it any given government or just the imagination of the people who chose which currency they want to use? In Japan, the Cabinet has recognized that virtual currencies, including but not limited to Bitcoin are in fact similar to real money and the implications for Japan and the countries […]

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Bitcoin Price Decline Building Momentum

Bitcoin price corrected over-night. At the time of writing decline has resumed and Gavin Andresen better call a truce in his personal stand-off with the Core developers or risk splitting off a Classic(TM) altcoin. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and […]

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