April 2016

PwC launches New Global Technology Team to Tap into Blockchain

Share with:PwC has recruited 15 leading technology specialists to exploit and commercialise Blockchain, the technology that powers the crypto-currency, Bitcoin.The new Blockchain team will be based in PwC’s Belfast office and is expected to grow to over 40 digital and technology specialists during 2016.The announcement…

cineramaApril 4, 2016

Bitcoin Business

Bitwala Secures Over US$900k In Seed Funding

Coming up with new and creative use cases for Bitcoin and digital currency is not an easy task, as most consumers see digital currency as something that has little to no use case sin the real world. Ever since services such as Bitwala came along,…

cineramaApril 4, 2016

Bitcoin Business

Prague CEVRO University Endorses Bitcoin Payments for Master’s Programs

Students can now use Bitcoin to pay for tuition in Prague. The CEVRO Institut University in Prague has become the next university to accept Bitcoin, following the Greek University of Nicosia, Draper University in California , and the University of Cumbria and King’s College in…

cineramaApril 4, 2016

Bitcoin Business

Bitcoin Price Watch; Bullish Start to the Week?

At the close of the week on Friday, we noted that we often see a big move during the weekend, and that this move more often than not comes on a Sunday. As things turned out, we did get a decent move, but it came…

cineramaApril 4, 2016

Bitcoin Business

Venture Capitalists Inject Nearly Half a Billion in Bitcoin throughout 2015

The year 2015 has been a particularly good one for Bitcoin startups all over the world, as a lot of money was raised over the course of 12 months. A recent report by Consultancy in the Netherlands shows how FinTech, in general, has been booming…

cineramaApril 4, 2016

Bitcoin Business

Bitcoin For A Tesla Model 3…Yes That Happened

Well, it certainly has been a banner week for the folks over at Tesla. So far, the company is reporting that the pre-sales activity on the Model 3 just might account for over $8b in sales. One customer even used Bitcoin to lock their new…

cineramaApril 4, 2016

Bitcoin Business

Brave Reverses Web Monetization by Paying Users Bitcoin to Watch Ads

A major problem facing online publishers in recent years is monetizing the content they create. Newspapers (are these still around?) used to charge money for yearly subscriptions or per copy at a stand, plus advertisements, but online the prevailing model relies just on ads. But…

cineramaApril 4, 2016

Bitcoin Business

Sean’s Outpost Faces Special Hearing Tomorrow Over Satoshi Forest

Bitcoin is a powerful tool for charitable organizations all over the world, due to its simplicity, reduced fees, and global appeal. Sean’s Outpost is one of the longest standing charitable organizations accepting Bitcoin payments, and their homeless shelter is facing a lot of backlash from…

cineramaApril 4, 2016

Bitcoin Business

Bitcoin Price Technical Analysis for 04/04/2016 – Slow Crawl!

Bitcoin Price Key Highlights Bitcoin price has been slowly trending higher, moving inside a rising channel visible on its 4-hour chart. Price just made a test of support around $410 and bounced, but it appears to be having trouble sustaining its bullish momentum. Price is…

cineramaApril 4, 2016

Bitcoin Business

Technology is disrupting the financial services industry — here’s how

Technology is upending workflow and processes in the financial services industry. Tasks once handled with paper money, bulky computers, and human interaction are now being completed entirely on digital interfaces. Given how pervasive financial services are across the globe, the disruption opportunity for fintech startups…

cineramaApril 3, 2016

Bitcoin Business

Ethereum: Towards A New BitSociety

We have been thinking of Bitcoin as a new currency and/or a new class of asset, and its underpinning technology – the blockchain – as a shiny new type of payments system that will eventually eliminate the need for intermediaries such as central banks. But…

cineramaApril 3, 2016

Bitcoin Business

Blockchain CEO’s Business Advice on Bitcoin Startups

Threading the waters as a Bitcoin startup is far from an easy task, as there are many different pitfalls to take into account. Moreover, given the negative stance most banks have toward Bitcoin startups, it might become a struggle to find the right financial partner…

cineramaApril 3, 2016

Bitcoin Business

Mason Borda Orders a Tesla with Bitcoin

It is now possible to buy anything with bitcoin. Starting with something as simple as a pizza worth $10 to a brand new high tech electric automobile. Bitcoin has come a long way since it was first introduced in 2008. When it was first introduced,…

cineramaApril 3, 2016

Bitcoin Business

Next Looming Financial Crisis Is A Potential Boost for Bitcoin

Given the recent financial crisis, the question becomes whether or not there are any signs of recovery, or if things are worse for the wear. Depending on which country one resides in, there might be a slight improvement although a large part of the world…

cineramaApril 3, 2016

Bitcoin Business

Bitcoin Price Analysis: Two Paths

Bitcoin price printed another nondescript feeble advance, after failing to engage in decline. Analysis considers this year’s price action to-date and shows some wave counts of the market’s options. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here .…

cineramaApril 3, 2016

Bitcoin Business

Can Unrestricted Use of Blockchain Lead To Its Demise?

Access to economic resources is limited in the real world, by legislation and regulations governing their use. Overuse of economic resources can drain and even destroy them. Is it possible that the unrestricted access to the blockchain will lead to its demise? Blockchain Overuse Average…

cineramaApril 3, 2016

Bitcoin Business

The Bitcoin Standard Would Bring An End To Central Bank Lending

Throughout the years, there have been several comparisons between Bitcoin and gold, as both types of monetary value share some similar traits on the surface. Neither Bitcoin nor gold has intrinsic value, they are both scarce, and mining is part of the process for both…

cineramaApril 3, 2016

Bitcoin Business

BTCC’s Humorous Documentary on Bitcoin Mining in China

China is one of the major economies and a regional superpower in Asia. The vast country with the highest population in the world is also the country that tops the charts with the highest hashing power. The Chinese Bitcoin community is actively involved in Bitcoin…

cineramaApril 3, 2016

Bitcoin Business

Are Bitcoiners Rational Economic Agents?

Bitcoin and blockchain technologies have big visions of changing the macroeconomics of the financial system. Less investigated, the microeconomics of Bitcoin could supply us with unique insights into how the Bitcoin digital financial complex might evolve. Microeconomics examines decision-making by economic actors, like firms and…

cineramaApril 3, 2016

Bitcoin Business

Virtual Reality Cryptocurrency Voxel Added to Bittrex

Voxelus, a virtual reality content creation platform startup, has announced that its “app store for VR content” marketplace is now live and that its Voxel (VOX) in-game cryptocurrency will begin trading on the Bittrex with other cryptocurrency exchanges set to follow. In addition, Voxels will…

cineramaApril 3, 2016

Bitcoin Business

Coinkite Is Closing Down Its Web Wallet Citing Legal and DDoS Issues

Coinkite , the popular wallet and hardware payment network service provider, has announced it is closing down its web wallet to focus on other projects after legal issues and DDoS attacks have impeded the use of the wallet. Hardware products focus After a noticeable lack…

cineramaApril 3, 2016

Bitcoin Business

Why Financial Incumbents Need to Be Brave on Blockhain

Jeffrey Billingham is vice president in Markit’s processing division and a leader of the Chain Gang, Markit's group implementing distributed ledger technology. In this opinion piece, Billingham examines the challenge of developing a long-term framework for blockchain in financial services, while advocating the industry needs…

cineramaApril 3, 2016

Bitcoin Business

Bitcoin Price Weekly Analysis – BTC/USD Short-term Bullish?

Key Points Bitcoin price started traded positively against the US Dollar, and remained above a major support area of $405-08. There are a couple of bullish trend lines formed on the 4-hours chart of BTC/USD (data feed from Bitstamp), which may continue to act as…

cineramaApril 3, 2016

Bitcoin Business

The Retail Sector Foresees the Rise of Bitcoin by End of Decade

The retail industry is one of the largest sectors in the world. The process of buying and selling goods has been around since the concept of money was introduced to mankind. Until now, the retail sector has not seen much change in the way trade…

cineramaApril 3, 2016

Bitcoin Business

Igot Bitcoin Exchange Is On The Brink of Collapse

There have been a fair amount of different scams plaguing the Bitcoin ecosystem over the past few years, and Igot is no exception to this rule, unfortunately. Even though there have been questions regarding the credibility about this service for quite some time, it looks…

cineramaApril 3, 2016

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