The Digital Currency Group (DCG), a company founded and led by Barry Silbert, held an investor day in Palo Alto, California, where companies could demo their products to investors in the Bitcoin and blockchain space. DCG is the firm responsible for the Bitcoin Investment Trust, which started trading on the OTCQX back in May under […]
In what can only be regarded as good news for Bitcoin, the European Court of Justice (ECJ) Thursday ruled that exchanging bitcoin should not be subject to VAT (Value Added Tax). The verdict, which is the climax of an Swedish court dispute that started back in 2012, applies to all 28 E.U. member states. VAT-law […]
The College Cryptocurrency Network (CCN), a leading cryptocurrency organization supported by established financial institutions and bitcoin startups including Barclays, Augur, BitGo, Blockchain, Ethereum and Factom, has officially announced the launch of the “Borderless Block Party,” a month-long hackathon designed for high school and undergraduate university students to create innovative financial solutions and technologies through the […]
Bankers are losing customer trust and loyalty as the industry fails create a personalized banking experience and inspire trust in customers. A recent IBM study demonstrated serious gaps between how banking executives feel they are doing and how their customers feel they are doing. 62 percent of surveyed banking executives believe they offer “excellent customer service,” […]
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China’s central bank has cut its benchmark lending and deposit rates again in an attempt to stir a stuttering economy. The People’s Bank of China, the authority as the Chinese Central Bank has cut its rates and lowered the minimum ceiling of cash reserves that banks must hold, in order to try and shake up […]
American Express is using its investment in bitcoin remittance app maker Abra to investigate the technology.
Bitcoin price has made a double in the BTC/CNY exchange charts and we might see a trend reversal today. However, the USD exchange charts do not confirm the double top pattern and we examine the confirmation signals for trade. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not […]
In a report titled “Bitcoin at the crossroads,” released by Deloitte Center for Regulatory Strategies, the issue of regulation of Bitcoin has been discussed at length. The report gives a quick introduction of the virtual currency Bitcoin and its technology blockchain and then swiftly moves on to the question that the report addresses: “how will […]