March 15, 2016

Bitcoin Price Technical Analysis for 03/16/2016 – Right Shoulder Forming?

Bitcoin Price Key Highlights Bitcoin price has been stuck in a tight range lately, waiting for more directional clues from this week’s catalysts. Price is slowly grinding higher but is having difficulty breaking past the $415 area. If resistance continues to hold, bitcoin price could…

cineramaMarch 15, 2016

Bitcoin Business

Court Rules Mizuho Bank to Face MtGox Class Action Lawsuit in U.S

Mizuho Bank has failed to convince an American court it would be too difficult for its lawyers to handle a bitcoin exchange related case outside Japan or that it has no jurisdiction because the infamous MtGox was based in Tokyo. On Monday a U.S federal…

cineramaMarch 15, 2016

Bitcoin Business

BTC38 Will Add A DASH/CNY Trading Pair

Interesting news was posted on the DASH forums earlier today, as the popular altcoin will be making its way to a Chinese exchange over the next few weeks. BTC38 representatives have confirmed they will be adding a DASH/CNY trading pair on the platform once there…

cineramaMarch 15, 2016

Bitcoin Business

BTCUSD Price Technical Analysis – Two Selling Opportunities

traders are edgy ahead of the FOMC statement BTCUSD has been unable to make much headway recently, as USD . Price has slowly climbed higher in the past few days but is still encountering strong resistance at the $415 area or the 61.8% Fibonacci retracement…

cineramaMarch 15, 2016

Bitcoin Business

21 Inc Launches First Proof-of-Concept for Bitcoin Computer Network

With its signature hardware product now shipping to users in the US, Canada and Europe, 21 Inc is seeking to roll out its next stage in development, a decentralized, bitcoin-incentivized network of the devices. 21 Inc announced the launch of Ping21 today, a new proof-of-concept…

cineramaMarch 15, 2016

Bitcoin Business

Madison start-up 23VIVI fights piracy on new digital art marketplace

A long-standing problem with digital art is that it can be easily copied, even stolen, leaving artists with little control over their work.But now, with help from the blockchain technology underlying the Bitcoin digital currency, graphic artists and illustrators are finding a new marketplace that…

cineramaMarch 15, 2016

Bitcoin Business

The Block Size Debate From A Miner’s Perspective

In a clearly stated analysis and opinion blog post about the costs and benefits of doing either a hard fork to a 2 MB block size limit versus going with the “Hong Kong Compromise” Segregated Witness ( Segwit ) upgrade, Sam Cole offers the perspective…

cineramaMarch 15, 2016

Bitcoin Business

Mt Gox Fallout: Lawsuit Against Mizuho Bank Approved by US Judge

A federal judge in Chicago has ruled that a U.S. lawsuit claiming that Japan’s Mizuho Bank inflated customers’ losses directly by limiting withdrawals from their Mt Gox accounts, as the now-defunct exchange’s banking partner, can move forward. Furthermore, the Judge also rejected the bank’s argument…

cineramaMarch 15, 2016

Bitcoin Business

Infected Ad Networks Are Spreading Bitcoin Ransomware

Various major online media outlets are currently spreading Bitcoin ransomware and other types of malware to website visitors. Among the culprits are AOL, BBC, and The New York Times, as their common ad network has come under attack by internet criminals by the look of…

cineramaMarch 15, 2016

Bitcoin Business

US Judge Rules Mt Gox Class Action Can Continue Against Mizuho Bank

A US district judge has rejected a claim by Mizuho Bank that a class action lawsuit related to its relationship with failed bitcoin exchange Mt Gox should be moved to Japan.Once the largest global bitcoin exchange, Tokyo-based Mt Gox collapsed in 2014, eventually filing for…

cineramaMarch 15, 2016

Bitcoin Business

FinTech Firm Call Levels Making Sure “Buy Low Sell High!” Gets The 24 Hour Treatment

Cynthia Siantar, a member of Forbes 30 under 30 Asia Finance list , and Daniel Chia are the co-founders of Call Levels , a FinTech startup based out of Singapore where the sector, just as in most other parts of the world, is growing fast.…

cineramaMarch 15, 2016

Bitcoin Politics

China may be about to tax currency trading

China's central bank, the People's Bank of China, could be about to implement rules designed to curb speculative trading in currency markets.According to a report from Bloomberg , which cited anonymous sources, the PBOC has drafted rules for a Tobin tax on currency trading."The initial…

cineramaMarch 15, 2016

Bitcoin Business

Ghana Sets up the First African Bitcoin Farm

Bitcoin mining has entered the African continent; the very first Bitcoin mining facility in the region is now in Ghana.Africa has always been a center of attraction for both Bitcoin and fintech-based businesses. The African continent has provided a lot of positive PR to the…

cineramaMarch 15, 2016

Bitcoin Business

Arcade City Uses Blockchain Tech to Take on Uber

Driver-owned ridesharing startup Arcade City, the developer of an open marketplace where riders connect directly with drivers by leveraging blockchain technology has now launched its mobile application for Apple iOS and Google Android devices. Ridesharing startup Arcade City has launched its mobile application that will…

cineramaMarch 15, 2016

Bitcoin Business

Ether Cloud Mining Profitably Headed to the Moon

Bitcoin Press Releases: Those who’ve purchased Ether Cloud mining contracts have experiencing rapid ROI, said Genesis Mining , the world’s leading Cloud Mining provider with over 130,000 active customers. The return came as the Ether price rose significantly over the last 6 months where the…

cineramaMarch 15, 2016

Bitcoin Business

Bitcoin 3.0 Tech BitShares Surges As OpenLedger Launches World’s First Decentralized Conglomerate

Bitcoin Press Releases : Based on BitShares Bitcoin 3.0 technology, OpenLedger is pleased to announce the world’s first Decentralized Conglomerate: a platform which allows organizations to invest in each other and share profits in a fully decentralized manner. Most recently launched BTSR and OBITS tokens…

cineramaMarch 15, 2016

Bitcoin Business

Why We May End Up No Longer Carrying Cash

England’s central bank has inspired the development a cryptocurrency. Dubbed RSCoin, it will operate on blockchain technology similar to the digital ecosystem that powers the much-maligned digital currency Bitcoin. Originally motivated by the Bank of England’s digital currency agenda, the University College of London announced…

cineramaMarch 15, 2016

Bitcoin Business

EU Regulator Says Focus Shifting Away from Bitcoin to Blockchain

In a recent speech given at the Bank of England Conference on Fintech innovation, Executive Director of ESMA (European Securities and Markets Authority) Verena Ross , addressed the impact and future of blockchains and distributed ledger technologies (DLT) in the financial arena.In her speech, Financial…

cineramaMarch 15, 2016

Bitcoin Business

Main Street Morning: Some top Chipotle executives are getting paycuts

(Photo by Scott Eisen/Getty Images) Welcome to Main Street Morning, The Washington Post’s daily collection of news affecting entrepreneurs, start-ups and small businesses with a special focus on policy and government. Here’s what’s affecting my small business, my clients and other entrepreneurs today. Washington The…

cineramaMarch 15, 2016

Bitcoin Business

Broker ICAP says first to use blockchain for trading data

ICAP, which matches buyers and sellers of bonds, swaps and currencies, said it has become the first to distribute data on trades to customers using the same blockchain technology that underpins the virtual currency bitcoin.Blockchain, or distributed ledger technology, creates a shared database in which…

cineramaMarch 15, 2016

Bitcoin Business

Business On the Go: Blockchain Applications

The nature of the modern world is that everything must be fast, everything must be accessible, and it must be on-the-go. Even complicated technologies such as Blockchain are forced into these mega-trends. Yet as recent times are showing, they are embracing these aspects in startling…

cineramaMarch 15, 2016

Bitcoin Business

Researchers Propose Blockchain for Central Banks But Bank of England Not Involved

Two London researchers have proposed a new kind of cryptocurrency for central banks, one that puts command of the network in control of a central authority while retaining a transparent, distributed ledger.First presented at the Network & Distributed System Security ( NDSS ) Symposium in…

cineramaMarch 15, 2016

Bitcoin Business

OB1 CEO Brian Hoffman Explains Levels of Anonymity in OpenBazaar

Many people in the Bitcoin community see OpenBazaar as the next iteration of darknet marketplaces , but the first version of this network will not be suitable for those attempting to sell goods or services in an anonymous manner. During a recent guest appearance at…

cineramaMarch 15, 2016

Bitcoin Business

BTCC’s Samson Mow on Block Size: The Bitcoin Community Must See Through Manipulation, Keep Calm and Write Code

Samson Mow is the Chief Operating Officer of Chinese Bitcoin exchange, wallet service and mining pool BTCC . A successful executive in the video game industry, Mow joined the Bitcoin company run by his friend and CEO Bobby Lee as an adviser last year, and…

cineramaMarch 15, 2016

Bitcoin Business

Bitcoin Price Watch; Here’s What’s on Tonight

In this morning’s bitcoin price watch piece, our focus was on two things. The first, an ongoing trade that we entered during the Asian session – one that had tested our stop but not hit it, and at the time of writing, was testing broken…

cineramaMarch 15, 2016

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