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Bitcoin Steams Ahead

April J, 2017

Bitcoin Steams Ahead Cryptocurrency enthusiasts will have noticed that bitcoin’s price has been going up steadily over the past few days. It is always difficult to pinpoint the exact reason for this behavior. Japan’s new cryptocurrency regulation went into effect, and there is a big bitcoin marketing campaign on the /r/place subreddit. Both factors may contribute to future bitcoin price gains moving forward. BITCOIN PRICE PREPARES FOR ANOTHER MAJOR RALLY It is impossible to deny the recent bitcoin price gains.…

Bitcoin wobbles as traders turn to other cryptocurrencies

March J, 2017

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Bitcoin wobbles as traders turn to other cryptocurrencies It's been a volatile period for Bitcoin investors, as holders of the cryptocurrency prepare for a potential 'fork' in the blockchain. From Friday morning until Monday afternoon, Bitcoin was trading under the $1,000 level, and even fell beneath $900 on Saturday. This is significant as, barring the weekend of March 18 and 19, Bitcoin has traded above $1,000 since early February and hit a fresh all-time high of around $1,325 on March…

Will $1,000 become new baseline for Bitcoin

February J, 2017

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Recently, the price of bitcoin surpassed US$1,000 for the first time since the first few days of January. It stabilized at the $1,020 margin in most global markets and exchanges. Some regions like South Korea, Japan and China demonstrated arbitrage opportunities, with bitcoin being traded at around 7~8% premium. bitcoin being traded at around $1,100 in South Korean #bitcoin exchanges including Korbit & Coinplug. Nearly 7% premium. pic.twitter.com/NeuWFzhn9f — Joseph Young (@iamjosephyoung) February 3, 2017 Although many factors can be analyzed to explain the…

Why a New Small Business Blockchain is Actually a Big Deal

January J, 2017

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Efforts to apply blockchain in the supply chain took an interesting turn last week. I'm speaking, of course, about a piece of news that at first seemed pretty ordinary: a group of European banks announced they would band together to develop a blockchain-based trade finance solution. This one, though, is unusual. Rather than tackle large-scale global transactions that cross oceans, the project focuses on intra-European trade, and, more importantly, between small- and medium-sized enterprises (SMEs). Why is this interesting? It's…

Bitcoin Prices Spike Above $900 But Turbulence Remains

January J, 2017

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Bitcoin Prices Spike Above $900 But Turbulence Remains Bitcoin prices passed $900 today, though this feat was diminished by several rallies that ultimately failed to push its value above this benchmark. Overall, the digital currency rose to as much as $904.76, after falling below $880 earlier in the session, climbing above this level amid modest volatility. Later in the session, the price mounted another comeback, hitting a high just above $905, according to the CoinDesk USD Bitcoin Price Index…

Everything You Need to Know About Bitcoin

January J, 2017

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Everything You Need to Know About Bitcoin Many netizens have heard of bitcoin, the digital currency. This means it exists electronically. To be more precise, bitcoin is a type of cryptocurrency – the implication of security and encryption is important. Cryptocurrency, or digital currency, is an invention of the Internet. Basically, someone out there thought, "hey, what if…Read more. In this post, we attempt to identify 10 questions about Bitcoins that can give you a clearer understanding of what it…