QIWI to Set Up a Russian Banking Consortium for Blockchain Technology

Russia may soon have its own consortium of banks led by the country’s leading payment services provider QIWI. It is no secret that Russia has mixed feelings about Bitcoin and other digital currencies. Call it paranoia or being extra cautious, the country has gone far enough to make exchanging bitcoin to ruble a crime. According […]

Microsoft Partners Blockchain Firms to Develop Legal-ID System

Microsoft is partnering with ConsenSys, an Ethereum-coder collective, and Blockstack Labs, an application stack for decentralized, server-less apps secured by the blockchain, in trying to improve the state of the millions of people – mostly children – who face severe challenges from having no legal identity. The partners are engaged in a long-term project to […]

Andreas Antonopoulos Explains Why Blockchain is Nothing without Bitcoin

Andreas Antonopoulos recently held a presentation about the relationship between Bitcoin and blockchain. To some people, it is possible to separate the two entirely, but in reality, things are different. In fact, industry experts seem to think Bitcoin will fail, whereas the blockchain will succeed. It is not fundamentally correct to think either Bitcoin and […]

Bitcoin Price Analysis: Short-Term Bearish

Bitcoin price holds a sideways course since the $550 high, and a brief advancing wave has paused at the time of writing. Some bearish technical indications are evident in the chart, but be cautious of selling just yet. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a […]

Bitcoin Price Watch; Chopped Out But Moving Forward

In this morning’s article, the primary focus was the widening out of our bitcoin price range, and how we would use this wide range to trade an intrarange strategy. Ironically, it’s the first time we’ve done this in a couple of weeks, and it has gone against us. Normally, we implement a breakout strategy in […]