A $2,000 Bitcoin (and 9 Other 2017 Blockchain Predictions)

 2016 might have been a good year for technology – but it was a difficult year for much else. The UK took a step back on free trade and immigration by voting to  leave the EU (causing a fragile EU to teeter toward dissolution); the US  elected a president whose transition saw daring squabbles with a  country that owns over a trillion in its debt; each of the BRICs shot  themselves in the foot (Brazil with corruption, India with  demonetization, Russia with Crimea and China with non-performing loans);  and the Middle East continued to burn like an oil well on fire. ....... [Read Full News]

 

Charlie Shrem's Post-Prison Blockchain Project Sees Gold in Garbage

 Charlie Shrem wants to use blockchain technology to move millions of  gallons of waste through the state of Michigan – six million gallons to  be precise. In a prospectus published today, the controversial and convicted founder of the shuttered bitcoin exchange service BitInstant revealed his intentions to use an ethereum-based platform to let investors around the world buy a slice of the undisclosed waste management firm. ........ [Read Full News]

 

New Bitcoin Software Update Boasts 55 Fixes

 Bitcoin's eighth birthday was marked by a new software update. Though all eyes may have been on the escalating price, Tuesday's software upgrade (to version 0.13.2) is the latest of many "minor version releases" published by the volunteer developer group known popularly as Bitcoin Core. ..... [Read Full News]

 

Mobile Telco Du Reveals New Blockchain Healthcare Partnership

 One of the UAE's largest telcos has announced a new partnership in  its ongoing drive to begin securing health records on a blockchain.  Announced today, Du  will partner with NMC Healthcare to implement electronic health records  using blockchain tech. The aim, according to the firms, is to bring  data integrity, security and trust to the relationship between health  providers and patients.  .... [Read Full News]

 

Bitcoin Price Eclipses $1100 Milestone, Gold Price Next to Fall

 Gold might be the next milestone for Bitcoin as there  appears to be little that can stop the current ‘bull run’ as price has  broken the $1,100 mark. 

 And the beat goes on! It is  clear that there is little that can stop the ‘bull run’ Bitcoin is on  right now, as Bitcoin price has passed $1,100 just 72 hours after reaching four figures on New Year’s Day. ...... [Read Full News]

 

Bitcoin Breaks All-Time High in China, $17 Billion Market Cap

 Bitcoin has hit its all-time high price on pioneering Chinese exchange BTCC (formerly BTC China), reaching almost 7,700 yuan. 

 As of 21.30 PST January 3, the price of a coin reached 7,658.19 yuan, beating a 2014 high of 7,588.88.  The spike comes in light of  widely-expected renewed efforts by Chinese authorities to stem capital  outflow from the country’s slowing economy.  ........ [Read Full News]

 

How Far Will Bitcoin Go in 2017? Experts Weigh In With Predictions

 Bitcoinist asked digital currency experts Kim Dotcom,  Reggie Middleton and Tone Vays to give us their thoughts on what we  should expect from Bitcoin this year. 

 It would be hard to find anyone who  predicted Bitcoin could more than double in value in 2016. Even the most  ardent proponents can only be so optimistic. My view of its price went  as high as $800 by year’s end, but I certainly didn’t see the  afterburners coming in a December Bitcoin buying spree. ...... [Read Full News]

 

Korean Bitcoin Exchanges Present Excellent Arbitrage Opportunities

Arbitrage opportunities are not difficult to find in the world of  Bitcoin and cryptocurrency right now. Korean Bitcoin exchanges are  showing a rather large price discrepancy compared to the rest of the  world. But taking advantage of this US$125 arbitrage gap is not as  straightforward as people may think. Plus, the lower volume across  Korean exchanges would make it rather difficult to take full advantage  of such an opportunity. ......... [Read Full News]