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China Spearheads the Global Blockchain Business Council

22-01-2017newsbtc.com

China is the land that gave birth to the great military general and strategist, Sun Tzu. Sun Tzu is well-known for his â??The Art of War,â? and the Chinese seem to have adopted it quite well. Thankfully, it is not as serious as going to war with an enemy, or at least it doesn’t feel …

mBTC Trading May Come To BTCC Exchange Shortly

22-01-2017newsbtc.com

A lot of things are changing in the world of bitcoin exchanges right now. Bobby Lee, CEO of BTCC, is contemplating a switch in trading units. To be more precise, he is asking the public’s opinion on trading in mBTC units moving forward. A rather strange idea, although his reasoning for this idea is quite …

Bitcoin Core 0.13.2 Download Triggers False Virus Warnings

22-01-2017newsbtc.com

Cryptocurrency enthusiasts looking to download the Bitcoin Core client may receive a strange error. In a lot of cases, a Trojan alert will show up, indicating the file download is potentially malicious. However, that does not seem to be the case, and this alert is a false positive. Users are still advised to manually verify …

Centralized or Not, Let’s Just Ensure Bitcoin’s Survival

22-01-2017newsbtc.com

Bitcoin is an open source, decentralized, peer-to-peer cryptocurrency. That has been the standard definition of the popular digital currency. But many agree to disagree with it, leading to a never-ending debate on increasing centralization of Bitcoin network. There are those who believe that it is highly unlikely for the Bitcoin network to become centralized anytime …

Bitcoin Price Weekly Analysis â?? BTC/USD To Retest $1000?

22-01-2017newsbtc.com

Key Points Bitcoin price managed to start recovering from the $710-700 area, and currently trading higher against the US Dollar. There is nice solid bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which is acting as a catalyst for an upside move. The price is also above the 100 …

Ethereum Price Technical Analysis â?? ETH/USD Uptrend Intact

22-01-2017newsbtc.com

Key Highlights ETH price maintained its bullish bias against the US Dollar and closed above the $9.60 level. There was a break above a bearish trend line formed on the daily chart (data feed via SimpleFX) of ETH/USD, which earlier opened the gates for more gains. The price is also well above the 100-day simple …

PBOC Unveils Plans To Create Blockchain-based RMBCoin

21-01-2017newsbtc.com

Even though China is not a big fan of Bitcoin, they see the merit of digital currencies. In fact, the PBOC has been working on RMBCoin, a national digital currency project. By the look of things, RMBCoin will not allow users to control the private keys. For the time being, it remains a bit unclear …

Internet Giant GMO To Launch Japanese Bitcoin Wallet Service

21-01-2017newsbtc.com

Japan continues to make significant strides in the Bitcoin department. With the trading volume on the rise recently, it becomes more important for users to have access to a proper Bitcoin wallet. GMO, one of Japan’s largest internet companies, is launching their own cryptocurrency wallet service. This is a major validation of Bitcoin as a …

Fred Ehrsam, Cofounder of Coinbase Plans to Step Down

21-01-2017newsbtc.com

Fred Ehrsam, one of the founders of Coinbase, the leading Bitcoin company has decided to move on to brighter pastures. The cryptocurrency entrepreneur mentioned his intentions in a blog post three days ago. According to Fred, he will be stepping down from the current position in Coinbase by the end of January 2017. He has …

Thriving US Cannabis Industry Faces Bitcoin Ban

21-01-2017newsbtc.com

Marijuana, the wonder plant as some call it is going through a liberation phase in the United States. In 37 out of 50 states have relaxed the laws regarding the sale and use of marijuana and its derivatives in the past few years. Most of these states approve of the medical use of marijuana while …