China’s Shanghai Composite Index crashed through support on Monday and resumed decline as investors could not sell Chinese company stocks fast enough. Deja Vu CNBC eloquently reports that, following three weeks of relative stability in mainland markets, Monday saw the Shanghai Composite Index resume decline in its worst one-day drop in eight years. Readers will […]
Yesterday’s Bitcoin price move had pulled down to a local support floor near $286 (Bitstamp) and immediately began building a base for another wave of advance. With the prospect of an FOMC statement confirming US rates increases, tomorrow, the price chart should show a strong upside reaction between now and Wednesday evening. This analysis is […]
Readers may recall our interview with Toby Hoenisch, the CEO of OneBit, which uses near-field communication technology to utilize the MasterCard payment network with a cell phone application. A user with OneBit can pay anywhere the MasterCard swipe system is in use, using Bitcoin. For many, an application like this will change the conversation regarding […]
Popular Bitcoin news and analysis service NewsBTC has announced to expand into the Russian territory. The website is currently working on plans to address its widely growing Russian-speaking reader base around the globe, and believes to lead the pack towards an informative and updated platform about the digital currency sector. NewsBTC sincerely understands the current […]
When launched, Bitcoin was considered to be some kind of a virtual in-game currency, similar to those used in Second Life and other video games. As time progressed the world realized the true potential of bitcoin and it also gave rise to other wannabees which are now better known as altcoins. Bitcoin has been gaining […]
FMR LLC, which is the parent company of Fidelity Investments, has filed with the US Patent Office and Trademark Office to trademark “FIDELITYCOIN.” Application number 86699431 concerns “financial services, namely, financial exchange services for virtual currency; electronic wallets; charitable services in the nature of virtual currency.” The trademark application was not made known to CCN […]
The blockchain provides an alternative governance model to the current system of oligarchic control, argues Nozomi Hayase.
The former undisputed world heavyweight champion Michael Gerard Tyson, better known as Mike Tyson has decided to enter into the Bitcoin ring. Yesterday, Mike Tyson tweeted about his upcoming Bitcoin venture on Twitter. Mike Tyson intends to outdo his fastest knock out in the boxing ring by 10 seconds with his new bitcoin ATM venture. […]
Bitcoin price was sold off after a local wave high was made to a 4.618 Fib level just above $291. A price correction is now being traded below $290 and it could see retracement to $285. Technical analysis looks at significant levels in the chart, as well as potential paths of price during the coming […]
FuturePerfect Ventures founding partner Jalak Jobanputra talks opportunities in the bitcoin and blockchain space and VC funding trends.