Bitcoin News Feed [02 Jan 2017]
Microsoft to Add Extensive Support For Bitcoin, Describes it as Currency
Microsoft, a technology giant headquartered in Washington, officially announced its plans to add extensive support for Bitcoin in the upcoming release of Excel 2017, which would allow users to calculate, format and analyze Bitcoin on the platform.
Martin Butler, account executive at Microsoft, stated:
“In 2017, Excel will be able to recognize, format, calculate and analyze numbers expressed in Bitcoin currency. The new feature will be available for Excel running under Windows 10, Android, Mac OS and iOS, and will include Excel Mobile versions as well.”
............. [Read Full News]
Blockchain Breakout? 2017 Will Keep Investors on the Brink
Michael Terpin co-founded BitAngels, a distributed entrepreneur and investor group, and runs Transform Group, a PR and strategic marketing advisory firm focusing on the blockchain sector.
In this CoinDesk 2016 in Review special feature, Terpin breaks down the blockchain industry into three sectors, issuing his predictions for each in the coming year. Looking back, the blockchain sector had its fair share of victories, defeats and controversies in 2016. ...... [Read Full News]
Bitcoin Price Starts 2017 Right; Conquers $1,000 on Day One
A New Year means new goals and new possibilities. Everyone should have a goal to reach for the year to come, and we hope you reach your goals in 2017. Bitcoin has its own goals, but Bitcoin tends to be ahead of the curve when it comes to what it can do, especially when it comes to the Bitcoin price. 2017 has proven no different. ..........
Bitcoin is So Hot It Takes the Energy of Sri Lanka to Power It
Bitcoin’s unprecedented popularity is giving rise to unprecedented consumption of energy to power it – in fact, it’s like powering Sri Lanka. Statistics uploaded to Bitcoin file hosting site Supload show the power needed to keep the Bitcoin ecosystem ticking over and processing transactions is similar to the energy consumption of the whole of Sri Lanka – 20.5 million people. ........ [Read Full News]
Why Volume Is Exploding at Mexican Bitcoin Exchange Bitso
The peso has steadily declined in the past three years and today sits at twenty-to-one to the dollar amid a period of economic uncertainty. In a nation of 120 million, 80 million lack access to basic financial services; that is, no banking and no credit. ........ [Read Full News]
US Government Escalates Push for Post-Quantum Cryptography
Federal agencies of the US government are expanding their calls for quantum computing resistant encryption methods. In effect, the National Institute of Standards (NIST) recently announced a request for public-key post-quantum algorithms. This action follows warnings from the National Security Agency (NSA) about the risks of potential quantum-based cyberattacks and the NSA’s appeal for developing post-quantum algorithms. ......... [Read Full News]
Bitcoin Breaks $1,000 as Exchanges Break Volume Records Worldwide
Bitcoin is making waves globally as it broke through the psychologically important $1,000 barrier on several large exchanges today Sunday, 1 January. It had already broken all-time highs in several currencies as global bitcoin exchanges reported record-setting monthly volume. Bitcoin’s price has increased more than 120% since the start of 2016 alone. ..... [Read Full News]
Coming Up: Drop Zone – a Hyper-Local Bitcoin-Based Market Service
There have been many attempts to create a working decentralized marketplace using cryptocurrency for transactions. Projects like Bitbay, Syscoin, the NXT marketplace, and Openbazaar have gained attention over the past few years building this vision. However, another concept announced back in the spring of 2015 called Drop Zone remains in the background. The proof-of-concept may offer yet another method of operating a censorship resistant marketplaces in the future. ........ [Read Full News]
Can Cryptocoins Be Environmentally Friendly?
It turns out one Bitcoin transaction takes 30 kWh of energy to go through to the blockchain. To get everything straight, let us look at what one kWh is. With one kWh a 100 watt light bulb would be lit for 10 hours. With 30 kWh that same 100 watt light bulb would be lit 300 hours. To make the amount of 30 kWh even more clear, I calculated how far that same amount of energy would take a 2016 Tesla S. ........... [Read Full News]
Republic of Georgia to Introduce Blockchain Platform for Real Estate Documents
The country of Georgia is set to introduce and implement a blockchain platform that will enable citizens to receive information about real estate digitally from documents stored on the distributed ledger. Announced last month by Georgia’s Minister of Justice Tea Tsulukiani, the blockchain platform will be put to use this year, in 2017. .........
Bitcoin Starts 2017 at the $1000
The new year starts memorably for bitcoin, as the bullish trend seen throughout late 2016 continued into 2017, with bitcoin striking a high – at the time of publishing – of $998 on the Bitstamp Price Index (BPI). However, bitcoin price in China is already above $1000 in its equivalent in yuan, with trading price streak beyond 7,100 yuan (approx. $1022.35). A few exchanges, including the likes of Coinbase and Bitfinex have notably seen price cross $1000 per coin. ............ [Read Full News]
The New Year Could Bode Well for Bitcoin and Blockchains
2016 has been one of the more exciting years in the blockchain space with Bitcoin rising triumphantly, Ethereum grabbing everyone’s attention, Zcash finally launching and blockchain going mainstream. Not lacking its share of drama, including millions allegedly stolen from Bitfinex and an attempted theft of the Slockit DAO funds, few other years contain the excitement of the ever-rising ether price during this summer, Zcash trading frenzy, an ever-increasing bitcoin price to near its all-time high and even a rise for Monero. ......... [Read Full News]
CNBC: Forget About Dow, Bitcoin to Reach $1,000
Recently, analysts at CNBC stated that Bitcoin will most likely reach its $1,000 milestone before the Dow surpasses 20,000 - and CNBC looks likely to be accurate once more. The Dow Jones Industrial Average is set to reach 20,000 points, which is considered by investors and the Wall Street as a major milestone. In the beginning of 2016, the Dow opened at around 17,150 points. Throughout the year the Dow continued to increase but in the final months, it stumbled, failing to cross the 20,000 mark. ......[Read Full News]
Rassah of Mycelium: What ETF Will Bring to Bitcoin Table
Since 2013, the Winklevoss twins have been seeking the green light to begin a Bitcoin ETF without success. There have been opinions of Bitcoin instability rendering an ETF undesirable. However, according to Bloomberg, about sixty legal ETFs are more evaporative than Bitcoin citing the example of Direxion Daily Junior Gold Miners Index Bull 3x Shares (JNUG). To be precise, it's more than three times as explosive as Bitcoin. ....... [Read Full News]
continue this great job. We really love to get top BTC newslink in one post :)
Thanks, some excellent information here. I was down to buy 2 Bitcoins as a Gift for my newborn Grandchildren last January and I didn't . Still regretting it today. Will they get it this year?
Who knows, maybe I'll be writing the same sad note next year;D~
Nice compiltion
This post has been ranked within the top 80 most undervalued posts in the second half of Jan 02. We estimate that this post is undervalued by $5.54 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jan 02 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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