Bitcoin Price: Top O' The Morning

Bitcoin price was showing signs of topping since yesterday and after a strong push to 3100 CNY and $480 (Bitstamp) price plummeted $100 in some exchanges before recovering during the day. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 11h30 UTC Bitstamp 1-Day Chart From the analysis pages of xbt.social, earlier today: The analysis below was already written by the time I post this and the price correction has begun. Price has triggered […]

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SWIFT Launches Initiative To Improve Cross-Border Payments Using BlockChain

The Society for Worldwide Interbank Financial Telecommunications (SWIFT), a Belgium-based facilitator of global bank transfers, has launched a cross-border payments initiative to improve bank customer service by increasing transparency, speed and predictability of payments using the block chain. The project, called the Global Payments Innovation Initiative, will focus on business-to-business payments in early 2016, according to Silicon Angle. The service will help companies strengthen global supplier relationships and improve treasury efficiencies, according to the SWIFT website. Companies will be able to gain payments directly from banks along with features such as end-to-end payment tracking, same-day use of funds, fee transparency […]

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Bitcoin Price Approaching November Closing Highs

Bitcoin price is pushing closer to its November closing highs and technical analysis suggests a price correction to the downside is due. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h30 UTC BTCC 1-Hour Chart From the analysis pages of xbt.social, earlier today: So far, so good for our trade from $315 and 2730 CNY that now seems to be reaching a ceiling. The price wave may not reverse here, but draw sideways […]

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BitJoy Brings Bitcoin Based in-App Purchases and Rewards to iOS, Android and Unity

Bitcoin press release: Bitjoy, the world’s first Bitcoin-based user engagement and in-app purchase platform for mobile app developers, enters public beta this month. Over 2 million in-app engagements have already been paid out to users. Austin, Texas – With support for iOS, Android and Unity, Bitjoy empowers thousands of mobile app developers with the ability to accept Bitcoin for in-app purchases and reward Bitcoin to users completing engagements within their apps. Lynn Duke, founder of Bitjoy says, “…as 7-year veteran app developers ourselves, we saw a giant gap between Apple and Google tools compared to what’s available in the Bitcoin […]

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Eugene Kaspersky: Cryptocurrencies Will Be Banned When They Unsettle National Currencies

Kaspersky Lab CEO and co-founder Eugene Kaspersky says that cryptocurrencies are a brilliant invention while noting their viability in a single world government. He adds that if and when they start supplanting national currencies, governments will move in to ban them. Eugene Kaspersky revealed his thoughts about cryptocurrencies such as Bitcoin at a recent event in Russia. Speaking to assembled journalists during Kaspersky Digital Radio an open talk conference along with other prominent governmental and banking figures from Russia, Kaspersky sees the innovation and the creation of cryptocurrencies as a “brilliant invention.” The full video of the talk event, courtesy […]

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Russia's Biggest Bank Wants to Join R3, Embrace Blockchain and Avoid Bitcoin

Sberbank, Russia’s largest bank in net assets intends to join the R3-led international blockchain consortium, according to reports. As reported by Russian news publication Kommersant, Sberbank, Russia’s biggest bank with over three times the net assets over its closest competitor is keen on joining the global consortium of 30 banks and financial institutions led by New York-based R3. Speaking to be publication, Sberbank’s First Deputy Chairman of the Management Board, Leve Khasis, confirmed the bank is keeping a close eye on the evolution of blockchain technology. He added the bank is looking into the documentation pertaining to R3 and pending […]

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Supercomputer Firm Denies Links with Speculated Satoshi Craig Wright

Following a document trail that claimed high-performance computing firm SGI was partnering with Craig Wright and his supercomputer firm, Cloudcroft Supercomputers, SGI has now denied any relationship with alleged Bitcoin creator Craig Wright. A letter, complete with the SGI letterhead and the signature of SGI APAC service director Greg McKeon had the computing firm contend that it was assisting Cloudcroft Supercomputers Australia and its founder & CEO Craig Wright in developing “hyper-density machines and supercomputers.” The letter also claimed a previous endeavor between SGI and Cloudcroft to build the latter’s first supercomputer called Sukuriputo Okane, deemed to be ranked #327th […]

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