While opinions on Bitcoin’s future differ, most agree that the current scalability debate has become a mess. Trolling, misinformation, populism, vote manipulation, vocal minorities, censorship and other distractions have made it hard to find a signal above the noise. And importantly, if protocol development is going to be driven by what seems like popular opinion […]
Recently Bitcoin Magazine reported that Microsoft has partnered with Consensys, a blockchain startup focused on Ethereum technology. Through the partnership, customers of Azure, Microsoft’s cloud-based enterprise computing service, will be able to easily build cloud-based blockchain applications, from securities trading to cross-border payments to corporate accounting, and offer them to their own customers. As anticipated, […]
Avalon, the first company to manufacture ASIC mining chips and sell them to consumers, has returned to the marketplace with a new chip after an absence of several years. Avalon has announced a new A3218 mining chip that will be released in the Avalon6 miner. According to Avalon, each server can process 3.65 TH/s at […]
Bitcoin price scored a high of around $347 earlier today, before dropping again to $328 at the time of writing of this article. $348.14 is a strong resistance level that is preventing further increase in price as we will explain throughout our analysis. Strong Resistance on the 1 Hour Charts: By examining the 1 hour […]
Royal Bank of Canada president and CEO Dave McKay issued new comments on the blockchain at a roundtable discussion today.
The US Marshals Service has revealed that its fourth and final auction of confiscated Silk Road bitcoins resulted in four winners.
In an interesting interview with CNBC’s Nancy Hulgrave, Peter Smith, the CEO of blockchain.info, claimed that around 100 banks approached his company to integrate bitcoin and the blockchain technology in their banking systems. Peter thinks that these banks believe that they can benefit and make more profits via integration of the blockchain technology. Banks […]
Washington state has issued a new warning to potential buyers of digital currencies, citing its volatility as a potential consumer danger.
Visa Europe Collab, the global hub for Visa Europe International, and Epiphyte, provider of a block-chain-based software as a solution (SaaS) for immediate financial transactions, are combining their expertise to develop a more efficient global remittance service they told CCN in an email. The companies are working on a proof-of-concept to use bitcoin and block chain […]
This morning, we published our twice daily bitcoin price watch piece. In the article we noted that we would bring our intraday breakout strategy to the fore, and look to enter in the direction of a break (and close) above or below our predefined range parameters. We also noted the possibility for an intrarange trade […]