News

Bitcoin Price Breaks Above Resistance

Bitcoin price followed a gold price move that broke above resistance today. The move, in both charts, comes as a surprise and we have to adjust our outlook. 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 […]

Commonwealth Encourages Member Nations to Deem Bitcoin Legal

  In a new report, the Commonwealth of Nations has called for the acknowledgement and legislation of virtual currencies by its member nations. A new Commonwealth report – the result of research conducted by the Commonwealth Virtual Currencies Working Group – has broadly spoken toward the impact of virtual currencies like Bitcoin and called for […]

Greenbank Capital Looks to Keep the Bad Guys Away with GreenCoinX

Publicly traded Canadian Greenbank Capital Inc (CSE:GBC and OTCMKTS:GRNBF) has announced that the offering of a cryptocurrency that focuses on user identification in contrast to Bitcoin’s and other altcoin’s user anonymity policies. Citing recent concerns by some figures in the public sector and financial sector about Bitcoin and other cryptocurrencies being good opportunities for illegal […]

Bitcoin Developer Eric Lombrozo on Five Benefits of Segregated Witness

Segregated Witness has become the most talked-about breakthrough in Bitcoin development since the concept was presented in early December to the Scaling Bitcoin Workshop in Hong Kong by Bitcoin Core Developer Pieter Wuille. One of the men that Wuille thanked in the last slide of that presentation was Bitcoin Developer and Ciphrex CEO Eric Lombrozo. […]

Bitcoin Exchange Kraken Lands Multi-million Dollar Investment from Japanese Venture Capital Firm SBI

Bitcoin exchange Kraken announced a multi-million dollar agreement with SBI Investment, one of Japan’s leading and most respected venture capital firms, to invest in and lead the Series B round of financing in Kraken. SBI Investment is the venture capital arm of SBI Holdings, the world’s first Internet-based financial conglomerate. The terms of the deal […]

Chinese E-Commerce Giant Alibaba Explores Blockchain-based Cloud Service Platform

During the recent YunQi Computing Conference in Shanghai, Alipay, an online payment platform of Alibaba, the world’s seventh-largest Internet company and popular Chinese e-commerce corporation, announced it may supply a cloud service platform based on blockchain technology. The Hangzhou-based corporation has become increasingly interested in blockchain technology after observing the initiatives of leading financial organizations […]