May 20, 2016

Ether Price Surges 50% as The DAO Draws Trading Interest

While bitcoin has long dominated the digital currency space, ether has been grabbing headlines – and trading volume – this week as global market participants rally around the digital currency. The price of ether – the digital currency used by the Ethereum platform – surged…

cineramaMay 20, 2016

Bitcoin Business

Barclays Pingit Blocks Bitcoin Sellers’ Accounts

The war between traditional finance and Bitcoin is far from over the by the look of things, as Barclays has shut down several Pingit accounts belonging to cryptocurrency exchanges. As one comes to expect, Barclays did not even bother to notify the sellers in advance.…

cineramaMay 20, 2016

Bitcoin Business

BTC Markets Announces The DAO Token Support on its Platform

BTC Markets, the Australian Bitcoin and Ethereum exchange, has announced that it will soon be supporting Ethereum DAO on its platform. The new option will allow holders to transfer the ownership of their DAO tokens by trading it for either Bitcoin or Ethereum, says an…

cineramaMay 20, 2016

Bitcoin Business

Bitcoin Price Watch; Trading for the Weekend

So that’s it. Another week’s worth of bitcoin price trading gone, and one during which we saw plenty of unpredictable, yet perfectly tradable, price action unfold. As ever, however, the end of the traditional financial week far from means the end of our trading week.…

cineramaMay 20, 2016

Bitcoin Business

Bitcoin’s Price Tanks as Coinbase Pivots and Users Complain

Bitcoin is being tested like never before as one of the biggest and oldest Bitcoin company, Coinbase, announced their exchange will be renamed to Global Digital Asset Exchange (GDAX) to support Ethereum trading. A first for the four years old bitcoin company which has never…

cineramaMay 20, 2016

Bitcoin Business

What’s up with the Philippines and Cashless Economy?

The Asian countries have exhibited tremendous economic growth in the past few years. While China and India make the icing on the cake, Philippines is right around the corner. As the country’s economy grows, adoption of latest technology in the economic sector should also grow…

cineramaMay 20, 2016

Bitcoin Business

Bitcoin Price Technical Analysis for 05/20/2016 – Ready for a Long-Term Slide?

Bitcoin Price Key Highlights Bitcoin price has formed higher lows and lower highs, creating a symmetrical triangle consolidation pattern on its daily and 4-hour time frames. Price seems to have finally made a break below the triangle support, indicating that bears have taken control. If…

cineramaMay 20, 2016

Bitcoin Business

Coinbase Becomes GDAX and Adds Ethereum and Litecoin Trading

Exciting times are ahead for Coinbase customers and Ethereum enthusiasts, as the exchange platform will support ETH trading soon. Additionally, the company will rebrand to GDAX, and the new website and logo will be coming soon. GDAX Rebrand and Ethereum Trading Similar to most other…

cineramaMay 20, 2016

Bitcoin Business

247exchange.com Now Allows Users to Buy Bitcoin through Card Payments in 5 Different Currencies

Bitcoin Press Release: 247Exchange.com, the international cryptocurrency exchange now allows its Canadian and Australian customers to pay in Canadian Dollar (CAD) and Australian Dollar (AUD) through their credit and debit cards, saving them from the currency conversion charges. May 19, 2016 Belize City, Belize –…

cineramaMay 20, 2016

Bitcoin Business

Bitcoin Price Watch; Widened Out For The Weekend

In yesterday evening’s analysis, our primary focus was a relatively tight scalp range, and more specifically, how we would approach our intraday strategy using this range in order to take advantage of any overnight volatility. We suggested that – as a result the large decline…

cineramaMay 20, 2016

Bitcoin Business

Are Altcoins Bitcoin’s Friends or Enemies?

Altcoins have a long tradition in the Bitcoin community, but they tend to cause a contentious divide among those who think they’re useful and those who think they’re all scams. One side of the argument, articulated by the Satoshi Nakamoto Institute ’s Daniel Krawisz ,…

cineramaMay 20, 2016

Bitcoin Business

THE BLOCKCHAIN REPORT: Why the technology behind Bitcoin is seeing widespread investment and early application across the finance industry

Blockchain technology, which is best known for powering Bitcoin and other cryptocurrencies, is gaining steam among finance firms because of its potential to streamline processes and increase efficiency. The technology could cut costs by up to $20 billion annually by 2022, according to Santander .That's…

cineramaMay 20, 2016

Bitcoin Business

Bitcoin Price Holds Long-Term Support

Bitcoin price fell through $440 (Bitstamp) and has subsequently pushed back above this initial decline target level. The market has found support but today’s retracement lacks bounce. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here . Not a…

cineramaMay 20, 2016

Bitcoin Business

Cards, Dice and DAO: The Isle of Man Could Become The World’s Gambling Heaven

The Isle of Man could become the Switzerland for Bitcoin as the small island’s government has been quick to react to the growth of digital currencies. Over the past twenty years the proliferation of the internet has brought about a golden age of gambling. Regulating…

cineramaMay 20, 2016

Bitcoin Business

Payments Giant Qiwi is Building a Blockchain Replacement for its Core Database

Russian payments firm Qiwi is currently designing its own proprietary blockchain in an effort to replace its central payments processing database. Called the "Qiwi blockchain system", the company’s development effort focuses on how its core database of customer transactions could be reimagined to reduce costs.…

cineramaMay 20, 2016

Bitcoin Business

Bitcoin Miners Follow Profit to Ethereum Blockchain

The rush to capitalize on ether, the native cryptocurrency of the Ethereum network, is in full swing. Among those interested are the world's miners, who operate vast networks of machines that process bitcoin transactions. Recent increases in the price of ether have sparked some bitcoin…

cineramaMay 20, 2016

Bitcoin Business

Researchers Plan ‘Unstoppable’ DAO to Help Whales Save Themselves

In an attempt to better understand the technical, legal and sociological impact of decentralized autonomous organizations (DAOs) a group of researchers is planning to launch a DAO that would seek to "save the whales".Far from an elaborate trolling, the early-stage effort is backed by big…

cineramaMay 20, 2016

Bitcoin Business

Are Altcoins Bitcoin’s Friends or Enemies?

Altcoins have a long tradition in the Bitcoin community, but they tend to cause a contentious divide among those who think they’re useful and those who think they’re all scams. One side of the argument, articulated by the Satoshi Nakamoto Institute ’s Daniel Krawisz ,…

cineramaMay 20, 2016

Bitcoin Business

Bitcoin Exchange Coinbase Adds Ethereum Trading; Set for Rebrand

Bitcoin exchange Coinbase has revealed that it is adding support for Ethereum’s native currency Ether. Prominent bitcoin exchange Coinbase will soon add digital currency on its trading platform, with trading to commence on Tuesday, May 24.The inclusion of ether on the trading platform comes at…

cineramaMay 20, 2016

Bitcoin Business

BTCPOP offer Collateral Instant Loans!

Bitcoin Press Releases: As of today (Friday 20th May 2016), BTCPOP is the first-ever P2P bitcoin lending company that offer Collateral Instant Loans. BTCPOP are renowned for being a unique and innovative bitcoin lending platform, however, over the past year, they have strived to become…

cineramaMay 20, 2016

Bitcoin Business

Landfills Are Filling Up With Bitcoin

The Bitcoiners “FU” (shorthand for fuck up on the subrredit r/tifu) started six years ago when he was in college. As he states on the forum known as ‘Today I Fucked Up:’ Back then, “I had a hugely over-inflated sense of how intelligent I was.…

cineramaMay 20, 2016

Bitcoin Business

European Central Bank Addresses Cybercrime Threat With A Database Solution

Cybersecurity is becoming a grave concern for anyone involved in the financial industry these days, as traditional solutions are no longer sufficient. The European Central Bank wants to set up a database registering all cybercrime incidents taking place at commercial banks. European Central Bank Still…

cineramaMay 20, 2016

Bitcoin Business

Sydney Stock Exchange is Building a Public Blockchain System

The recently founded Sydney Stock Exchange is turning to blockchain technology in developing a settlement system that will see it provide an open blockchain settlement platform, enabling any company or broker to use the blockchain. The Sydney Stock Exchange (SSX is building a blockchain solution…

cineramaMay 20, 2016

Bitcoin Business

Mike Hearn: Bitcoin’s “Young, Unripened Democracy” Suffers Under Authoritarian Developers

Long one of the most important developers in Bitcoin, Mike Hearn rewrote much of Satoshi Nakamoto’s code. Hearn also openly theorized about what the technology’s potential and future uses could be. In a much-publicized decision , Hearn divorced Bitcoin last fall, causing high drama in…

cineramaMay 20, 2016

Bitcoin Business

Bitcoin’s Biggest Miner Invests in Wings Development to Make DAO Mainstream

Bitcoin’s biggest mining farm, Bitmain/Antpool, announced a seed level investment in Wings development, a new platform which aims to bring DAO creation and management to the mainstream by presenting users with a simple UI interface. Demystifying DAO for the dummies Speaking to Coin Telegraph, Stas…

cineramaMay 20, 2016

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