Bitcoin: Widespread Adoption Could Drive Prices Much Higher

Bitcoin’s Path To Widespread Adoption The world is a big place, unfortunately there are not that many Bitcoin (BTC-USD) to go around. Last winter we saw a prelude to what can happen when people in mass want to acquire Bitcoin, the price skyrockets. However, since then Bitcoin’s price has corrected …

Bitcoin Bulls Are Sweating Latest Test of Key Resistance Level

Bitcoin’s recent stumble could turn into a full-blown tailspin, testing its strong support level of $6,000 again, according to a leading technical indicator. The biggest cryptocurrency has bounced off the $6,000 mark four times since February, and a break below that price could signal further capitulation. The GTI VERA Convergence …

IBM Launches a Payment Platform Using the Stellar (XLM) Blockchain

Multinational technology company IBM has launched a blockchain-based financial solution to upend the existing status quo regarding remittances and global payments. This proposed solution, called IBM Blockchain World Wire, is set to adopt the Stellar (XLM) blockchain alongside other digital assets to allow instant money transfers of a guaranteed amount. …

Andy Warhol’s Multi-Million Dollar Painting Tokenized and Sold on Blockchain

In a world first, an artwork worth millions of dollars has been tokenized and sold on blockchain. 14 Small Electric Chairs, a two-meter high painting by the late renowned American visual artist Andy Warhol, was sold on blockchain-based art investment platform Maecenas to 100 participants. Approximately US$1.7 million was raised …

Google Makes Ethereum Dataset Publicly Available in BigQuery

Internet giant Google has now made ethereum dataset publicly available to its big data analytics platform BigQuery, after adding Bitcoin dataset earlier this year. Google BigQuery is a cloud-based web service for processing very large read-only data sets. The company said that all historical data, including daily updates, will be …

Alibaba Has Filed for over 10% of the World’s Blockchain Patents: Research

China’s ongoing drive to dominate the emerging global blockchain technology sector has been underlined by news that Alibaba Group Holding alone filed more than 10 percent of all blockchain patents worldwide in 2017. Intellectual Property Rights Arms Race Research by Thomson Reuters shows that 56 percent of all 406 blockchain …

SEC Expresses Interest In Allowing Regular People To Invest In Private Companies

It seems like the rise of crowdfunding and ICOs may be having an affect on how US regulators perceive the investing landscape. Recently, the SEC announced that they were exploring how to make it easier for individuals to invest in private companies, including some of the world’s hottest startups. The …

Australia to Build Blockchain-based Smart Legal Contracts with IBM

An independent Australian federal government agency CSIRO’s (Commonwealth Scientific and Industrial Research Organisation) research arm Data61, has formed a consortium with law firm Herbert Smith Freehills and tech giant IBM to build Australia’s first cross-industry, large-scale, digital platform to enable Australian businesses to collaborate using blockchain-based smart legal contracts. The …

Poloniex

Poloniex is a US-based cryptocurrency exchange platform. The company was founded in January 2014 by Tristan D’Agosta and is based in Wilmington, Delaware. As of May 2018 Poloniex ranked as the 25th World largest crypto exchange by data tracker CoinMarketCap.com, with almost 100 tokens listed and a daily trading volume …

Coinbase

Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin with fiat currencies in around 32 countries, and bitcoin transactions and storage in 190 countries worldwide. Coinbase secures customer digital currency through a combination of secure, online …