Bitcoin Price Watch: Currency on the Verge of Hitting $9,400

Bitcoin is now trading for just under $9,400. This is a near $200 spike from yesterday’s $9,200, which in turn, was a solid increase over bitcoin’s previous position of $8,800. The total cryptocurrency market cap has now surged beyond $420 billion, and investors are breaking out the champagne. One of the reasons behind the jump … Read more

Warren Buffett: Bitcoin is Gambling, a Game, Not an Investment

The Oracle of Omaha, Warren Buffett, world renowned investor and head of Berkshire Hathaway, was asked about his views on cryptocurrency, especially that of bitcoin. While not as dour and hateful as his Vice Chairman of just two months ago, Mr. Buffett is not convinced bitcoin is anything more than gambling, a game. Also read: Bitcoin … Read more

A Trust Architecture for the Supply Chain of Tomorrow

Not every company can be like Amazon, fulfilling customer orders within a specified period of time (e.g., 2 business days). But what if they could? Think of the supply chain as the engine that powers our global economy, moving our goods and services across different ecosystems. But as our connections grow, our logistics systems remain outdated … Read more

Bitcoin Futures Markets See a Big Uptick in Trade Volume

Bitcoin prices and cryptocurrency spot markets, in general, have been recovering after the downturn that took place from mid-December 2017 up until three weeks ago. At the time, when BTC derivatives products were introduced to the public, futures contracts got off to a slow start. Now bitcoin-based futures markets from the Chicago Board Options Exchange … Read more

Australian Regulators to Update Crypto Guidelines While Praising Blockchain

The Australian Securities and Investments Commission (ASIC) will update their guidelines to better reflect the evolving cryptocurrency industry, John Price, one of their commissioners, revealed in his speech at a fintech conference in Sydney on April 26. Price further cautioned any company planning to conduct an ICO against thinking of it as a way to avoid government … Read more

MercuryFX Confirms xRapid and XRP Trials Have Been Successful

Over the past few months, there has been a lot of talk regarding financial service providers experimenting with Ripple technology. That list includes some big names including Western Union, MoneyGram, and MercuryFX. This latter company has confirmed that their recent trial with xRapid was successful. Going into production will be their next step. MercuryFX is Pleased With … Read more

Bitcoin’s Wikipedia Page Has “Misleading” Block Explorer Removed, Heated Debate Ensues

In the world of Bitcoin, there have always been dastardly deeds and mischievous pranks. This time around, those efforts involve Bitcoin’s Wikipedia page. Although it is a great source of information, there are some concerns over one of the block explorers listed on the page. More specifically, this block explorer is related to Bitcoin Cash, which, … Read more

Saudi Arabia’s Energy Sector Prepares to Embrace Blockchain Technology

There has always been a question as to how one could use blockchain technology for the benefit of millions of people. Outside of the financial sector, a fair few use cases are being explored right now. Surprisingly, it seems Saudi Arabia is leaning toward using this innovative technology to revolutionize the energy sector. With a peer-to-peer trading … Read more

Wendy McElroy: Are You Part of the Revolution or Part of the War?

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 7, Part 3. Are You Part of the Revolution or Part of the War? by Wendy McElroy What do We mean by the [American] Revolution? The War? That was no part of the Revolution. It was only an Effect and Consequence of it. … Read more

Australia Will Become Home to a 20 MW Bitcoin Mining Operation Powered by Solar Energy

Cryptocurrency mining is an industry which attracts a lot of attention all over the world. Combining such efforts with renewable energy will often result in a profitable business. If things go according to plan, Hadouken Pty Ltd will set up a 20 MW solar farm to mine cryptocurrencies in Australia. It is a positive development … Read more