Barron’s report highlights a trio among the “winning” portfolio of 2016 : gold, treasuries and bitcoin. Ed Yardeni, a highly respected economics and investments researcher, recently observed that the technology behind bitcoin has shown the potential to have a wide-ranging impact on financial markets, Dieterich wrote. Recent developments in the financial markets have not bolstered confidence […]
The bitcoin price fell sharply today but holds above $700 support. Sell-offs will happen and we look for support levels that will provide support for building the next wave of advance. 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 […]
In a revelation on Wednesday, the Bank of Canada – Canada’s central bank – said that it is developing a digital currency called CAD-Coin, in collaboration with Canadian banks and New York-based blockchain startup R3. In a private presentation during the payments industry conference Payments Panorama in Calgary, the Bank of Canada revealed it is […]
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Virtual currency advocates provided input to a North Carolina legislative committee Tuesday on a proposed rule to improve regulation of digital currency and blockchain related businesses. The Chamber of Digital Commerce, a trade association that promotes digital assets and blockchain technology, joined representatives of IBM and the Perkins Coie law firm in meeting with the […]
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In what some may consider an incredible show of leadership and quick response while others may criticize as a dangerous precedent, Ethereum developers are proposing a soft-fork to be followed by a hard-fork. In a Critical Update regarding the DAO hack posted on Ethereum’s foundation website, Vitalik Buterin, founder of Ethereum, stated: “The development community […]
Ethereum co-founder Vitalik Buterin has asked digital currency exchanges to “pause” ether and DAO activity following a hack of the DAO smart contract address. The DAO is currently being drained of ethers in a still-ongoing breach (at the time of publishing) to the unknown attacker’s ETH address. The ongoing hack and possible theft, deemed as […]
Editor’s Note: Article updated to include social media posts covering the news story. Ethereum took a drastic dive this morning as news came in that the DAO smart contract address is being drained of ether in an ongoing and developing news story. Millions of ether are moving to an unkown address with some suggesting that […]
The International Monetary Fund (IMF) has published an article in the Finance and Development magazine that looks at how Bitcoin and blockchain technology has the ability to rewrite the financial sector. Written by Andreas Adriano, a senior communications officer in the IMF’s communications department, and Hunter Monroe, a senior economist in the IMF’s monetary and […]
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The bitcoin price chart is showing us what we want to see: steady advance with reasonable corrective pauses. $700 has been strung up and left behind. Bitcoin price wears its new boots like a determined Sandor Clegane. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? […]
Bitcoin startup Caricoin has announced the launch of a bitcoin wallet application that it deems as the first “social mobile money platform” in the Caribbean. UK-based Caricoin Ltd has released a bitcoin wallet as a mobile money solution for Caribbean users. The application and technology has been developed following a partnership with Californian Bitcoin security […]
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