Bitcoin and Blockchain are Here to Stay $BTCUSD, $ETHUSD Thoughts on Bitcoin and Consensus 2018 The hottest ticket last week was in New York City. But unlike any Top-Tier event, you were invited … if you could afford it. At approximately $2,000, Consensus 2018 was the most expensive edition in the Bitcoin conference’s history. Despite […]
Blockchain Key to Making Big Data Really Accessible $UPS, $WMT, $ETH Data analytics is Key for many organizations to develop. Given the amount of data that’s being generated, advocates consider it a major oversight not to use the information. For businesses, the ability to make game-changing decisions is core to survival given today’s environment. Successful […]
Jack Dorsey on Bitcoin: “It is the Currency of the Future” $BTCUSD, $TWTR, $SQ Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, declared that he is in sync with their view that digital currencies are the way of the future. “The Internet deserves a native currency; it will have a native currency,” Mr. Dorsey, […]
Hard Forking at New York’s Inaugural Blockchain Week Achain, first discussed its Hard Fork theory in November 2017. Hard Forking enables you to fork the main chain (instead of creating tokens and services on the main chain), which creates its own blockchain increasing speed, scalability, security and flexibility. Achain uses forking to meet different business […]
Economists have been exploring people’s behavior for hundreds of years: how we make decisions, how we act individually and in groups, how we exchange value. They’ve studied the institutions that facilitate our trade, like legal systems, corporations, marketplaces. But there is a new, technological institution that will fundamentally change how we exchange value, and it’s […]
The Year of the Security Token $BTCUSD Blockchain is 1 of the fastest growing ideas in recent history, and its revolutionary decentralized model is being appropriated by industries far and wide. Its popularity began with Bitcoin, the cryptocurrency, which is now almost 10 years old. Bitcoin was the seminal cryptocurrency back when it was just […]
The Crypto Sector Maintained Momentum, Bulls in Charge $BTCUSD, $ETHUSD Thursday, the cryptocurrency sector maintained its Bullish momentum, with most major currencies trading up by more than 3% on the day. Below is a look at what moved the cryptocurrency market Thursday, as follows; Goldman Sachs Group, Inc (NYSE:GS) officially announced it’s opening a cryptocurrency trading desk. Despite […]
Gold, Diamond Companies Joined IBM to Develop Blockchain Technology $IBM, $BRK-A, $AU Gold and diamond companies including Berkshire Hathaway (NYSE:BRK-A)Richline Group Inc joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced, the companies said Thursday. The joint initiative, TrustChain goal to make it easier for […]
Crypto To Go: Lattesso Launches Blockchain-based Loyalty Programme Blockchain technology is finding its way into our everyday lives. The Swiss coffee beverage provider Lattesso is today presenting the first crypto token to be made available in the retail sector. From the end of May, Lattesso beverages will be delivered with a virtual coin. The coins […]
Bitcoin, Using it as Money to Buy Stuff $BTCUSD, $SQ, $MSFT, $EXPE, $DISH, $ETSY Bitcoin is an investment asset, and it is also ‘Money’. And businesses that accepts Bitcoin payments are becoming closer to the mainstream you than you may think. Most people that I talk to look at cryptocurrencies an investment, a tradable asset, a […]
Blockchain Getting the Attention, Bears Feasting on Cryptos $BTCUSD Savvy voices in the nascent industry are calling for a balanced approach regarding regulations which will let the technology to thrive and innovate. Blockchain continues to get a growing amount of attention from businesses and investors, and the fundamental tool of cryptocurrencies is an important element of […]
Blockchain Technology is Driving Innovation in Payments Industry $AXP, $MA, $V, $IBM, $MSFT Blockchain is the innovative technology that is changing payments industry. Industry leaders like American Express, Master Charge and Visa are setting up to use the blockchain technology given its obvious benefits with regard to speed, accuracy, cost effectiveness, security, and more. Companies like […]
Decoding ICOs, What They Mean Here are some details relevant to the growing popularity of ICOs (initial coin offerings) It seems that we are living in a global news cycle dominated by stories revolving around blockchain and cryptocurrency, and the GCC region is no different. Dubai has announced plans towards becoming the 1st blockchain-powered government in […]
What Is Blockchain A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data. By design, a blockchain is inherently resistant to modification of the data. A blockchain is […]
Blockchain, “No One Can Own of Control It, Everyone Can Use It” $BTCUSD, $ETHUSD, $IBM, $GOOG, $JPM, $USB, $WMT, $SPOT Blockchain is a technology that no one can own or control but anyone can use, it is the platform for Cryptocurrency. Blockchain as applications for just about any enterprise involved in record-keeping, documentation, registrations and […]
Understanding Crypto Currencies: The ECR20 Standard $BTCUSD, $ETHUSD Without technical knowledge of the blockchain and smart contracts realms, the world of crypto currency is daunting for many investors. But, the prospect of massive profits in the sector has attracted many types of investors, including those who otherwise might be cautious about investing in an asset, that they […]
Jack Dorsey, “Bitcoin Will Be the World’s Single Currency” $BTCUSD , $TWTR, $SQ Twitter (NYSE:TWTR) and Square (NYSE:SQ) CEO Jack Dorsey recently had very positive remarks about Bitcoin. He predicted the future of finance, suggesting that the “father of cryptocurrencies” is likely to become the world’s only currency within the next 10 years. Mr. Dorsey declared: […]
Ultra-Rich Investing in Horses, Cars, Cannabis, and Cryptocurrencies $BTCUSD $CME, $CBOE The world’s wealthiest investors are looking to expand their holdings in volatile digital coins, despite a mismatch in the group’s knowledge surrounding the asset class. The latest annual Wealth Report survey by Knight Frank indicated that 21% of wealth advisers and private bankers said their clients increased investments in cryptocurrencies in Y 2017, […]
Blockchain News: WORLD SATOSHI SUMMIT 2018 Dates: May 12- May 13, 2018 Venue: JW Marriott Hotel, New Delhi Aerocity Organizers: Harmeet Singh Monga and Rajesh Dhuddu What to Expect: Talks, inspirational keynotes, workshops, host of opportunities to network with the best in the Blockchain industry Don’t miss out on the ‘value exchange’ revolution that is […]
Bitcoin: Threat or Blessing? $BTCUSD The debate between liberty and censorship has been going since the dawn of the world wide web, but seeming the success of Russia in the Y 2016 US election has brought on a crack down. Currently, Bitcoin is trading at: 11,533.6904,+450.966, or +4.07%, as of 6:32a GMT, the market is open. China […]
Bitcoin: The Bulls Vs The Bears $BTCUSD Daily Bitcoin is in the headlines, positive sentiment is intact, and the price is in an uptrend after its recent correction. Currently Bitcoin is trading at: 11,324.9951, +29.9902, or +0.27%, at the close: 12:39p GMT Consider that 59% of last year’s ICO’s have failed or are failing, encouraging some triumphant “I […]
Technically Bitcoin Could Test to Recent Lows $BTCUSD Bitcoin faded from highs, but is still supported, as total cryptocurrency market remained steady. The total cryptocurrency market cap rose to $391-B, up a bit from Wednesday’s close, after snapping 3 straight days of decliners Tuesday. The total cryptomarket market cap is still well below its early […]
Blockchain Ventures to Achieve Mass Adoption Quickly Major industries adopting blockchain management Among the blockchain industry’s challenges, the Key issue has been achieving mainstream adoption of the disruptive technology. There is strong belief in the technology, as large enterprises and financial institutions are forging ahead with their respective projects. While most blockchain ventures are focused […]
The Big Q: Why are Crypto Exchanges Vulnerable to Hacks? $BTCUSD Blockchain technology can make transactions safe and secure, but crypto-currency exchanges that trade Bitcoins and other virtual currencies that are based on this technology have been hacked because they are not working on secure networks. Late last week, the Tokyo-based Coincheck exchange reported a […]
Blockchain, Bitcoin Ushering in a New Age in Retail Spending $BTCUSD, $SBUX, $AMZN Starbucks (NASDAQ:SBUX) Chairman Howard Schultz has said in the past that retail was going to witness “a seismic change” in consumer behavior because of technology, most notably the Amazon (NASDAQ:AMZN) effect and the explosion of e-Commerce. “I think if you look at […]
The Big Q: What Determines the Price of Bitcoin? $BTCUSD The Big A: Bitcoin is a cryptocurrency based on specifications outlined by Satoshi Nakamoto in Y 2009. Transactions are recorded in a blockchain, which shows the entire transaction history for each unit and is used to prove ownership. Processing transactions requires miners using computers to process blocks of […]
Bank of America (NYSE:BAC) is “all for Blockchain” $BAC, $CME, $CBOE, $BTC Wall Street and financial institutions have been extolling the benefits of “blockchain without Bitcoin” for a a few years. Blockchain is the distributed ledger technology that underpins Bitcoin, but voicing hesitation, or outright dismissal, of Bitcoin and other cryptocurrencies. Then, at the end […]
Blockchain Technology Will Deliver Full Transparency ‘Everywhere’ $BTCUSD We just attended the North American Bitcoin conference in beautiful Miami Florida. Over 4000 people attended. There were more millennial billionaires in one place then we’ll ever see again in my life. 30 plus companies/block chain purveyors presented at a cost of $20,000 per 15 minutes. Our […]
Gold and Silver are Going Digital $GLD, $SLV, $BTC Blockchain technology may help keep track of the roughly $200-B of the precious Yellow metal dug from remote mines, traded by middlemen and melted down by recycler’s that is sold each year to buyers scattered around the world. The London Bullion Market Association (LBMA), which oversees […]
SEC Taking a Hard Look at ‘Overnight’ Digital Currency Companies $BTCUSD Monday, the US Securities and Exchange Commission (SEC) made it known that it is taking a hard look at public companies that change their name and/or business model in a bid to capitalize upon the investor frenzy, and hyperbole surrounding blockchain technology, SEC Chairman […]
Bitcoin US Vs Bitcoin Asia $BTCUSD Bitcoin and the other major cryptocurrencies rebounded after a steep mid-week selloff on concerns about regulatory crackdowns in SKorea. After briefly dipping to near $9,000 during the week, Bitcoin traded near $12,000 on Friday as investors turned their attention away from Asian government crackdowns and focused on some new cryptocurrency-related options […]
Marijuana Sector Outlook for 2018 $GWPH, $BTC Medical Marijuana Approvals Should Increase It is expected the US Food and Drug Administration will approve the cannabis-based epilepsy drug Epidiolex from GW Pharmaceuticals Plc. (NASDAQ:GWPH) by the end of Summer 2018. GW Pharmaceuticals Plc is trading at: 132.00, +0.21, or +0.16% after hours: 7:37p EST on 10 January. Vs a […]
Bitcoin: Professional Traders Up Net Shorts At Year’s End $BTCUSD, $CME, $CBOE, $FB Trading in Bitcoin is volatile, while .DXY takes a beating In November, Bitcoin fell almost 30% in 4 days from $7,888 to $5,555. In September, it fell 40% from $4,979 to $2,972. And ETF specialist asset manager focused on technology, said in his newsletter […]
Bitcoin: Professional Traders Up Net Shorts At Year’s End $BTCUSD, $CME, $CBOE Trading in Bitcoin is volatile. In November, Bitcoin fell almost 30% in 4 days from $7,888 to $5,555. In September, it fell 40% from $4,979 to $2,972. And ETF specialist asset manager focused on technology, said in his newsletter that investors had displayed […]
Cryptocurrencies Shaping Future of Business $BTCUSD, $CBOE, $CME When it comes to cryptocurrencies, their role is not rising, it has risen. Bitcoin 1st launched in Y 2009, and it was followed 4 years later by its primary competition, Ethereum. These 2 competitors are joined by dozens of other cryptocurrencies to create a comprehensive ecosystem that […]
Bitcoin Leads to ‘Revolution’ in Commodity Trading $BTCUSD, $IBM, $UBS The rise of Bitcoin is amazing the world’s financial gurus, and now blockchain, the digital-ledger system is set to do the same in Y 2018 for trading in raw materials commodities, as it is being adapted to streamline physical transactions. Two months ago 4 banks joined […]
Bitcoin Speculation Running to $15,000 This Month, Limits Off… $BTCUSD, $CBOE, $CME Bitcoin Bulls Running on Full Psych Steam Bitcoin climbed as much as 8.9% Thursday as it surged $14,925.3730, extending this month’s advance to more than 45%. The price of the cryptocurrency touched $14,925.3730, a record, according to LTN data. ASX Ltd., the main exchange […]
Futures Market Looms, Bitcoin Climbs to $12,000 $BTCUSD, $CME, $CBOE Bitcoin surpassed $12,000 for the 1st time on investor’s speculation that the widespread use of futures will help lead to digital currencies being viewed as a legitimate asset class for mainstream investors. Bitcoin is currently trading at: 12,219.9951+493.40 (+4.21%), as of 5:27a GMT. Market open. The […]
Bitcoin Is Not a ‘Fraud,’ It is Not for Long-Term Investors $BTCUSD, $CME, $CBOE Many economic guru do not think Bitcoin is a “fraud” but do not recommend it for long-term investors. Bitcoin is currently trading at $11,381. 8154, +233.261, or 2.09% in the world market. Anyone looking to put money into Bitcoin needs to […]
Central Banks are Not Innovators, Bitcoin Threatens $BTCUSD The Big Q: Should central banks embrace cryptocurrencies, or even pioneer their own? The Big A: No. Cryptocurrencies aka crypto assets, are a new and unusual financial medium innovation, and to centralize them in a bureaucracy is wrong. However, the POBC, China’s central bank, says it is working to […]
Bitcoin, What’s Ahead for the Raging Cryptocurrency $BTCUSD, $MSFT, $JPM, $GS, $TM, $CME, $CBOE Bitcoin’s amazing rise YTD has attracted lots of attention, but most institutional investors are still on the sidelines, as regulators have yet to issue comprehensive rules, and corporations are still only testing blockchain technology. Whether Bitcoin matures or crashes will depend […]
Gold is Forever, Not All Crypto Currencies Will Survive $GLD, $BTCUSD. $AMZN, $GOOGL, $JPM Not all of the Crypto currencies will survive, it is still early in this game. As in the .Com era there were winners and losers then, will there be winners and losers now. Bitcoin and Ethereum are the front-runners now, recall that […]
Bitcoin is an Experiment About “The Payday” Not its Potential as Money $BTCUSD, $IBM Cryptocurrencies are not a store-of-value or a safe-haven for anyone’s money or assets. In the beginning, Bitcoin was something of a revolution to me. The digital currency represented everything from my rebellious youth. It was a decentralized, denationalized, and digital currency […]
SEC Set to Crackdown on Digital Currency Operators $ETHUSD, $BTCUSD Tuesday, Wall Street’s main regulator said that ICO’s (initial coin offerings), a means of crowdfunding for blockchain technology companies, should be subject to the same safeguards required in traditional securities sales. ICOs have become a bonanza for digital currency entrepreneurs, allowing them to raise millions […]
Dubai Blockchain Project Dubai leads the way. A seminar on the use of Blockchain has confirmed that Dubai is moving rapidly to achieve its goal of becoming the first government in the world to adopt the technology by 2020. During the seminar, organised by the Chief Information Officers Majlis, Dan Frankel, Blockchain Technology Consultant at […]
Crypto Coin Market is a ‘Time-Bomb’ that is Ticking Entrepreneurs issuing dispensable digital coins to cash in on the hype of Crypto currency are fanning a blockchain assets bubble. Firms have raised $1.3-B this year in digital coin sales, surpassing venture capital funding of blockchain companies and up more than 6X from the total raised […]
A Gold-backed Crypto Currency the Way to Introduce a New World Gold Standard. $GLD, $ABX, $SLW, $EXCFF You may recall that in December 2016 the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council (WGC) announced a new “Shari’ah Standard on Gold.” The new Gold standard was celebrated as a […]
World-renowned blockchain experts will come to Moscow On April 19, the most well-known global specialists in the sphere of blockchain technologies will come to Moscow. Together with Russian bankers and entrepreneurs they will discuss Russian and foreign blockchain projects in financial and non-financial spheres. The meeting will be driven by the annual Blockchain & […]
Crowdfunding the Future, this is Just the Beginning Blockchain-based crowdfunding is becoming a huge phenomenon, with tens of millions of dollars pouring into different ICOs (Initial Coin Offerings) over the course of Y’ 2016, and Y 2017 is set to be an even bigger year as the technology matures. Like all new technologies and movements, […]
Dubai to Use Blockchain Technology for All Government Documents The Dubai government is seeking to position the emirate as a leader in blockchain technology Dubai has announced plans to use blockchain, the database technology behind crypto currency Bitcoin, for all government documents by Y2020. Dubai Media Office said in a tweet the strategy was launched […]
Bitcoin ‘Mining” Outlook Uncertain Simpley put, all Bitcoin transactions are recorded on a blockchain, a public, decentralized, permissionless ledger. The transactions are recorded in bundles, called “blocks,” by “miners” who receive a small reward in kind for mining. The process creates new Bitcoins. Miners currently earn 25 Bitcoins per block that is 16.175. The beginning […]
Bitcoin at 2 Yr High on Shrinking Supply Bitcoin runs to a 2-year high on speculation that the supply of the digital currency will shrink. The crypto-currency rallied to $696.5 Monday in Hong Kong, the highest since February 2014. It was trading at $689.23 as of 3:50p in Hong Kong, + 19% from Friday. Profits […]