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Bitcoin Price and the Yuan

Bitcoin price diverged between exchanges today as a surprise yuan devaluation shifted buying pressure to the BTC/CNY exchange charts. The yuan is responsible for the greater bulk of bitcoin trade and showed its influence in the chart today. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not […]

94 Billion Dollar Greek Bailout In Last Stages

Early this morning European time, Greek financial ministers and Eurozone representatives reached an agreement after an all-night negotiation session. The deal will last three years and amount to $94 billion. “The institutions and the Greek authorities achieved an agreement in principle on a technical basis. Now as a next step, a political assessment will be […]

Institutions that Understand Bitcoin and Digital Currencies will Lead the New Monetary System, says BBVA

In April, Bitcoin Magazine reported that BBVA, one of Spain’s major banks, was among the sponsors of the Digital Currency Summit in Madrid. Banco Bilbao Vizcaya Argentaria (BBVA), the second largest bank in Spain after Santander, is recognized within the industry for being more pro-technology than many of its competitors. “Some bankers and analysts think that […]

Why We Need DAOs: the Shitiness of Man

This year I had the honor of presenting at the BIL conference in Vancouver, BC, a decentralized and open source alternative to TED. My topic, of course, was the blockchain revolution. Everything went very well, but there was one question from the audience that made me think: “Don’t you think replacing humans is a bad […]

Bitcoin Price Decline Incomplete

Bitcoin price was pulled lower today and began a corrective advance that has now paused. Analysis shows that at least one more small wave of decline can be expected. 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 […]