Bitcoin News Feed [28 Dec 2016]
Halving History Suggests Bitcoin’s Price Is Heading for $11,210
Bitcoin’s relative nascence makes its future price perhaps difficult to predict. There objectively is not as much data in the Bitcoin market as there is, say, in the gold market. Yet, there are numerous indicators which lend key insights into bitcoin’s price trends, and one often overlooked is the recurring halving. .....
2016 in Headlines: The Year's Biggest Blockchain Stories
2016 will go down as one of the most formative years for blockchain tech. We saw tremendous hype as major enterprises invested big in distributed ledger and blockchain tech, and frustration as more established cryptocurrencies (most notably bitcoin) continued to struggle with mass adoption in the face of complex technical challenges. ....
Trusted Hardware Can Help Bitcoin Scale, But At What Cost?
As 2016 comes to a close, bitcoin development remains at a crossroads. Take the long-anticipated scaling solution, the Lightning Network. An open-source project that aims to boost bitcoin's capacity to millions of transactions per second (and by extension the technology's value), it's code is nearly ready to go live. Yet, bitcoin isn't exactly ready for the change. ....
'Blessing and a Curse': The DAO's Developers on Blockchain in 2016
Christoph Jentzsch is the founder of Slock.it, the ethereum smart contracts company that this year developed The DAO, the largest-ever (and most contentious) application on the second-largest blockchain network. ....
I Want the Truth: Could Blockchain Stop Online News Distortion?
That's a quote a friend says he saw in the news once, though I can't find it. He swears he didn't make it up. But it's not out there on the Internet it seems, and if it is, it's lost in the millions of tweets, texts and tumblrs. ....
To the Mao-oon! China’s New 5-Year Plan Adds Blockchain Technology
China has included Blockchain technology in its 13th National Five-Year Plan, via an Informatization Strategy published December 15 by the State Council. ...
Venezuela, South America See Record Bitcoin Trading Volume…Again
Trading volume on peer-to-peer exchanges broke another all-time high in most of South America, Russia, and even in the U.S. ....
Why Bitcoin’s Triumphant $15B Market is Just Getting Started
Bitcoin has had a triumphant year this 2016 reaching a milestone market capitalization of over $15 billion during the end of December. It’s nice to mention that the digital asset has been one of the top performing currencies worldwide, beating many commodities as well. But what’s really worth pointing out is this phenomenon has happened without governments, corporations, or any central authority. ....
Geopolitical Turmoil Spurs Bitcoin Investments Worldwide
As many economists predicted, the Italian constitutional referendum of 2016 shook the country’s banking system to the core. Italian bank stocks have plummeted drastically since the referendum and it comes at a time where the digital asset bitcoin is seen by investors as a safe haven. Furthermore, Chinese bitcoin interest has grown exponentially as the yuan devalues and the country faces economic uncertainty. .....
Here Are Bitcoin’s 8 Fastest Growing Markets
Most countries saw bitcoin volumes surge in 2016, but some markets grew faster than others. Bitcoin.com looked at trade volumes across dozens of bitcoin exchanges to find the countries and currencies with the largest growth during the year. ....
Plantoid – A Bitcoin-Eating Robot, Merges The Natural World With Blockchain Tech
Will blockchain technology some day closely mimic the complexities of the natural world? The Plantoid, a “blockchain-based life form,” marks an attempt to demonstrate the potential for technology to emulate the natural world. Plantoid uses art to illustrate the creation of autonomous, blockchain-based entities that manage their own activities and even reproduce. ....
Microsoft Announces Availability of R3’s Corda Blockchain Platform on Azure
R3’s blockchain software Corda, developed by the Fintech startup alongside 70 of the world’s biggest banks forming the R3 consortium, is now available on Microsoft’s cloud computing platform, Azure. ....
Bitcoin Startup LedgerX Seeks Approval as a Federally Regulated Clearing Platform
LedgerX, an institutional trading platform that hopes to be the first federally regulated derivatives clearing organization for digital-based options, recently received an investment from Miami International Holdings Inc. ....
2017: Beginning of Bitcoin Era
Let me begin by making a confession that I was originally a Bitcoin skeptic. I was also a Bitcoin virgin. I am still not fully convinced. I do not think that a non-government currency can solve all of the world’s pressing problems like poverty, hunger or illiteracy. ...
Vinny Lingham: Bitcoin Price Will Reach $3,000 in 2017
Vinny Lingham, co-founder and CEO of Civic.com released a highly anticipated blog post entitled “Bitcoin 2017: A Currency Devaluation Hedge for Emerging Markets” on December 28 to share his thoughts on Bitcoin and its price trend in 2017. In his analysis, Lingham predicted that the Bitcoin price will double or triple within the next 12 months. ....
Moon Update: LocalBitcoins Markets Hit Record Trading in Russia, Chile, Venezuela, Romania
Mad money policy and Bitcoin’s Christmas rush have produced new record trading volumes on LocalBitcoins in four countries this week. Russia, Chile and Romania set new highs in an international push coming on the back of Bitcoin’s spiraling price, which reached over $935 Tuesday. ....
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