The sudden announcement of inspections of major Bitcoin operators by the Chinese Central Bank caused panic and a significant drop in Bitcoin price within just a day. So is the cryptocurrency really beyond government influence?
Thursday, January 12, 2017
Blockchain-Based ArtChain Looks to Clean up Murky Business of Buying and Selling Art
How Blockchain will reinvent an industry that has not really changed for decades: buying and selling art.
Wednesday, January 11, 2017
China Will Lead FinTech & Blockchain Industries in 2017 Analysts Expect
Analysts from major research and development firms including EY and DBS expect China to lead the global fintech and blockchain industries.
PwC Launches Blockchain & FinTech Program for Young Entrepreneurs
PricewaterhouseCoopers launched Startup Collider to support young entrepreneurs and startups working within the Blockchain and fintech industries.
Major Financial Company to Handle $11 Trillion Volume With Blockchain
The Depository Trust & Clearing Corporation (DTCC) announced its plans to utilize blockchain technology to facilitate credit default swaps in collaboration with IBM, Axoni and R3CEV.
Everyone Panic? Analyst Predicts Bitcoin ETF Rejection Due to ‘FUD’
An analyst has said there is very low probability that the Winklevoss brothers’ Bitcoin ETF will be approved in 2017 - due to “fear, uncertainty and doubt”.
Interest Over Bitcoin Increases Over Time, Blockchain Declines
Sunny Ray has recently shared an interesting chart which differentiates the level of interest the general population has for bitcoin and blockchain.
Why Invest In Indian Markets Sinkhole When You Can Double Your Money?
A crashing rupee, a horrible landscape for emerging markets and an arrogant Indian government in denial means that Indian markets are dead on arrival. But there’s a way out.
China’s Central Bank Is Raiding Bitcoin Operators, Bitcoin Price is Tumbling
In a surprise announcement, China’s central bank announces ‘on-site inspections’ on Bitcoin enterprises in the country, causing further Bitcoin price uncertainty.
Tuesday, January 10, 2017
Bitcoin Volatility Returns With a Vengeance to Start Off 2017
Following a regional high of $1140, the price proceeded to sell off swiftly and violently into the low $800’s and is now treading water around $900.
Bitcoin Boom in Japan: Merchant Adoption Grows Four-Fold in One Year
Merchants’ adoption of Bitcoin seems to be growing faster in Japan than elsewhere.
Wall Street Can be Very Different After DTCC Blockchain Experiment
The chief executive of the Wall Street clearing house set to transfer to Blockchain tech has spoken of how the future of Wall Street could be “very different.”
