Bank of Canada research consultant Warren E. Weber proposes a financial system that uses the cryptocurrency Bitcoin as the standard currency instead of the fiat currencies. In his 37-page long research report, Weber referred the digital currency as the “Bitcoin standard.” Major points of the report In his report, Weber examined the similarities between the...
As part of their 2016–2017 budget, the Republic of Mauritius, which is an island nation off the southeastern coast of Africa, included regulatory sandbox legislation that can be used by blockchain technology companies to develop and commercialize their applications in the country with access to the African and Indian...
Where Wall Street was once a united front in running the financials of America, and to an extent, the rest of the world, it is suffering a polarization as Bitcoin disrupts opinions. As the digital currency keeps booming, investors, financial managers and major banking CEOs are finding themselves in different...
The ethereum and bitcoin prices declined for the second straight day amid wavy crypto markets. Consequently, the total crypto market cap was unable to climb back to $90 billion, despite rising as high as $89.5 billion early Wednesday morning. Chart from CoinMarketCap At present, the total crypto market cap is $86...
Major Japanese retail store chain Marui has signed a partnership agreement with Bitcoin exchange Bitflyer that will enable it to accept Bitcoin payments in stores starting August 7. With this move, Marui becomes the first large department store chain in Japan to accept the digital currency for payment. Plans to roll out to all 31 stores Marui...
The bitcoin price surged past $4,875 on Monday as traders began to flee from the altcoin markets and pour their wealth back into bitcoin ahead of the SegWit2x hard fork that is scheduled for November. Bitcoin Price Surges Past $4,875 Bitcoin’s dominant hold on the cryptocurrency economy had tapered throughout 2017,...
By now, many Bitcoin enthusiasts are trying to work out a realistic projection for Bitcoin over the next few years. From analyst Ronnie Moas who sees a $15,000-$20,000 value by late 2020 to independent views that point at $1 mln per Bitcoin, some of these predictions seem outrageous and outright impossible. Following the activation of...
‘New Bitcache Video Gives Preview to the Pull Requesting, Ad-Free Web’. Or maybe that’s a bad description. Bitcache really gives rise to a new paradigm of web usage. Similar to the Basic Attention Token, which has a browser to go with it, the idea of Bitcache is not that people...
According to TheNational.ae, bitcoin adoption in Zimbabwe is seemingly skyrocketing as the country’s economic situation looks bleak. So much so, that one bitcoin is trading at nearly $10,000 on the Golix.io exchange, while the global average is, at press time, of $5,642.00. According to a local trader, bitcoin isn’t just being bought by...
The banker who helped give the world credit-default swaps wants to upend finance again—this time with the code that powers bitcoin. Blythe Masters, here with her dogs in her Manhattan townhouse, left JPMorgan last year and has become CEO of a software startup. Photographer: Guzman/Bloomberg Markets by Edward Robinson and Matthew Leising August 31, 2015, 8:00...