15.8 Million UK Residents Own or Are Considering Bitcoin
A recent survey by Bitcoin wallet Luno has shown the desire by UK residents for the launching of a “Bitcoin Barometer” which monitors the numbers of those currently involved in crypto.
The barometer, which was launched today, shows that an estimated 15.8 million UK residents either currently own or would consider owning cryptocurrencies in the future.
Read the full article at https://bitcoinnews.com/15-8-million-uk-residents-own-or-are-considering-bitcoin/
Topic: BitcoinNews: #1 In Blockchain News - page 7. (Read 4529 times)
New Survey Shows Mixed Sentiments in Bitcoin, Crypto Mood in the US
A recent survey from YouGov reveals widespread knowledge of cryptocurrencies in the United States, the report also shows mixed sentiments toward the technology
Read the full article at https://bitcoinnews.com/new-survey-shows-mixed-sentiments-in-bitcoin-crypto-mood-in-the-us/
A recent survey from YouGov reveals widespread knowledge of cryptocurrencies in the United States, the report also shows mixed sentiments toward the technology
Read the full article at https://bitcoinnews.com/new-survey-shows-mixed-sentiments-in-bitcoin-crypto-mood-in-the-us/
Luxury Car Dealer First in US to Accept Bitcoin
Post Oak Motor Cars, a luxury car dealership in Houston, Texas has become the first Bentley, Bugatti and Rolls-Royce dealer in the United States to accept Bitcoin, and also Bitcoin Cash. This is yet another milestone in Bitcoin’s worldwide adoption and another indication that it can be used as a currency to buy or sell anything no matter how expensive.
Read the full article at https://bitcoinnews.com/luxury-car-dealer-first-in-us-to-accept-bitcoin/
Post Oak Motor Cars, a luxury car dealership in Houston, Texas has become the first Bentley, Bugatti and Rolls-Royce dealer in the United States to accept Bitcoin, and also Bitcoin Cash. This is yet another milestone in Bitcoin’s worldwide adoption and another indication that it can be used as a currency to buy or sell anything no matter how expensive.
Read the full article at https://bitcoinnews.com/luxury-car-dealer-first-in-us-to-accept-bitcoin/
More Americans Choosing Bitcoin ATMs Despite Regulations
Despite the higher fees associated with buying or selling Bitcoin via specialized Bitcoin ATMs, quicker and more reliable delivery have seen rising popularity for the machines in the United States, even as ATM networks struggle to expand within strict regulations in the country.
Read the full article at https://bitcoinnews.com/more-americans-choosing-bitcoin-atms-despite-slow-network-growth/
Despite the higher fees associated with buying or selling Bitcoin via specialized Bitcoin ATMs, quicker and more reliable delivery have seen rising popularity for the machines in the United States, even as ATM networks struggle to expand within strict regulations in the country.
Read the full article at https://bitcoinnews.com/more-americans-choosing-bitcoin-atms-despite-slow-network-growth/
Colombia’s New President Has Big Plans for Blockchain
Newly-elected president of Colombia Ivan Duque has outlined his desire to turn the country into a leader in technology on the global stage, with an emphasis on harnessing blockchain to fight corruption.
Read the full article at https://bitcoinnews.com/colombias-new-president-has-big-plans-for-blockchain/
Newly-elected president of Colombia Ivan Duque has outlined his desire to turn the country into a leader in technology on the global stage, with an emphasis on harnessing blockchain to fight corruption.
Read the full article at https://bitcoinnews.com/colombias-new-president-has-big-plans-for-blockchain/
Hello cryptocurrency enthusiasts, traders, investors, innovators, miners, and advocates! I will be posting BitcoinNews articles and videos in this thread, from https://bitcoinnews.com/ . We cover the full spectrum of Bitcoin, blockchain, and cryptocurrency news with about 10 new stories being published per day. I hope you find the videos educational, and I will always be checking in to answer any questions, comments, or critiques.
To start, here is a video about hyperbitcoinization, an optimistic way to start this thread
Hyperbitcoinization: The End Of Fiat Currency, $100M Bitcoin?
Hyperbitcoinization is defined Bitcoin commentator ObiWan Kenobit as “a theoretical state wherein Bitcoin displaces legacy currencies and becomes the dominant if not only method to exchange value”. Hyperbitcoinization was first discussed by Nakamoto Institute founder Daniel Kraswisz in 2014, and ObiWan Kenobit thinks it could lead to Bitcoin prices as high as USD 100 million per coin.
Read the full article at https://bitcoinnews.com/hyperbitcoinization-the-end-of-fiat-currency-100m-bitcoin/
Video: https://www.youtube.com/embed/6SlPtBB-eAw
To start, here is a video about hyperbitcoinization, an optimistic way to start this thread
Hyperbitcoinization: The End Of Fiat Currency, $100M Bitcoin?
Hyperbitcoinization is defined Bitcoin commentator ObiWan Kenobit as “a theoretical state wherein Bitcoin displaces legacy currencies and becomes the dominant if not only method to exchange value”. Hyperbitcoinization was first discussed by Nakamoto Institute founder Daniel Kraswisz in 2014, and ObiWan Kenobit thinks it could lead to Bitcoin prices as high as USD 100 million per coin.
Read the full article at https://bitcoinnews.com/hyperbitcoinization-the-end-of-fiat-currency-100m-bitcoin/
Video: https://www.youtube.com/embed/6SlPtBB-eAw
I like such insane extreme scenarios, it doesn't matter how unlikely they are. Of course one should carefully avoid to confuse them with reality.
AsicBoost Gaining Usage, Bitcoin Mining More Profitable
AsicBoost is a relatively new technology that optimizes Bitcoin mining, increasing profitability by up to 20%, which can be the difference between an unprofitable mining operation and a profitable one. According to the AsicBoost block explorer, blocks mined with it began to sporadically appear in March 2018 but now consistently account for 4-6% of all Bitcoin blocks that are mined, and this percentage is steadily growing long term.
Read the full article at https://cointelegraph.com/news/robinhood-plans-to-launch-ipo-seeks-cfo-amid-audits-from-regulators
AsicBoost is a relatively new technology that optimizes Bitcoin mining, increasing profitability by up to 20%, which can be the difference between an unprofitable mining operation and a profitable one. According to the AsicBoost block explorer, blocks mined with it began to sporadically appear in March 2018 but now consistently account for 4-6% of all Bitcoin blocks that are mined, and this percentage is steadily growing long term.
Read the full article at https://cointelegraph.com/news/robinhood-plans-to-launch-ipo-seeks-cfo-amid-audits-from-regulators
CNBC Reverse Indicator Proves Accurate for Recent Bitcoin Crash
There’s a joke going around on Reddit’s r/bitcoin that CNBC’s Bitcoin price predictions are actually the exact opposite of what will happen. This is called the CNBC Reverse Indicator, which actually proved extremely accurate this past week.
Read the full article at https://bitcoinnews.com/cnbc-reverse-indicator-proves-accurate-for-recent-bitcoin-crash/
There’s a joke going around on Reddit’s r/bitcoin that CNBC’s Bitcoin price predictions are actually the exact opposite of what will happen. This is called the CNBC Reverse Indicator, which actually proved extremely accurate this past week.
Read the full article at https://bitcoinnews.com/cnbc-reverse-indicator-proves-accurate-for-recent-bitcoin-crash/
Lindy Effect Indicates Bitcoin Will Survive Long Term
The Lindy Effect states that the life expectancy of a non-living thing is proportional to its current age. Therefore, according to the Lindy Effect, Bitcoin will survive long term.
Read the full article at https://bitcoinnews.com/lindy-effect-indicates-bitcoin-will-survive-long-term/
The Lindy Effect states that the life expectancy of a non-living thing is proportional to its current age. Therefore, according to the Lindy Effect, Bitcoin will survive long term.
Read the full article at https://bitcoinnews.com/lindy-effect-indicates-bitcoin-will-survive-long-term/
Chinese Justice Department Uses Blockchain to Track Parolees
Officials in the southern Chinese city of Zhongshan have instituted a blockchain system to track the movements of those on parole in the district.
The new blockchain network is said to improve the quality of community correction that the justice department can serve, upgrading its ability to track parolees activities around the clock. Monitoring the community prisoners previously had restrictions imposed, including regional and time constraints. The blockchain system, however, lets officials view data at any time from any location.
Read the full article at https://bitcoinnews.com/chinese-justice-department-uses-blockchain-to-track-parolees/
Officials in the southern Chinese city of Zhongshan have instituted a blockchain system to track the movements of those on parole in the district.
The new blockchain network is said to improve the quality of community correction that the justice department can serve, upgrading its ability to track parolees activities around the clock. Monitoring the community prisoners previously had restrictions imposed, including regional and time constraints. The blockchain system, however, lets officials view data at any time from any location.
Read the full article at https://bitcoinnews.com/chinese-justice-department-uses-blockchain-to-track-parolees/
Tech Giants Take on Opioid Addiction with DLT
IBM has announced that it is now planning to use a blockchain-enabled health surveillance system in order to collect data on antibiotics and opioids prescriptions by doctors.
Read the full article at https://bitcoinnews.com/tech-giants-take-on-opioid-addiction-with-dlt/
IBM has announced that it is now planning to use a blockchain-enabled health surveillance system in order to collect data on antibiotics and opioids prescriptions by doctors.
Read the full article at https://bitcoinnews.com/tech-giants-take-on-opioid-addiction-with-dlt/
Great Barrier Reef Resort Looks to Crypto for Funding $216 Million Rebuild
Great Keppel Island on the Great Barrier Reef may once again begin to attract Australian tourists and others from all over the world, through cryptocurrency.
Read the full article at https://bitcoinnews.com/great-barrier-reef-resort-looks-to-crypto-for-funding-216-million-rebuild/
Great Keppel Island on the Great Barrier Reef may once again begin to attract Australian tourists and others from all over the world, through cryptocurrency.
Read the full article at https://bitcoinnews.com/great-barrier-reef-resort-looks-to-crypto-for-funding-216-million-rebuild/
High Times IPO Will Accept Bitcoin, Ether
Popular marijuana-themed publication High Times is accepting Bitcoin and Ethereum for shares of its stock, which are now being offered in an initial public offering (IPO) at USD 11 per share. In August 2018, it initially announced that it would be accepting crypto during the IPO. But on 13 August, it sent a statement to the Securities and Exchange Commission (SEC) of the United States clarifying that it would not actually be accepting Bitcoin.
Read the full article at https://bitcoinnews.com/high-times-ipo-will-accept-bitcoin-ether/
Popular marijuana-themed publication High Times is accepting Bitcoin and Ethereum for shares of its stock, which are now being offered in an initial public offering (IPO) at USD 11 per share. In August 2018, it initially announced that it would be accepting crypto during the IPO. But on 13 August, it sent a statement to the Securities and Exchange Commission (SEC) of the United States clarifying that it would not actually be accepting Bitcoin.
Read the full article at https://bitcoinnews.com/high-times-ipo-will-accept-bitcoin-ether/
Report: Crypto ATM Market to Hit $144.5 Million by 2023
Research And Markets has published a report on the Bitcoin ATM industry, and projects that it will grow from USD 16.3 million in 2018 to USD 144.5 million by 2023, with an average yearly growth rate of 54.7%.
Read the full article at https://bitcoinnews.com/report-crypto-atm-market-to-hit-144-5-million-by-2023/
Research And Markets has published a report on the Bitcoin ATM industry, and projects that it will grow from USD 16.3 million in 2018 to USD 144.5 million by 2023, with an average yearly growth rate of 54.7%.
Read the full article at https://bitcoinnews.com/report-crypto-atm-market-to-hit-144-5-million-by-2023/
ShapeShift Will No Longer Be Anonymous
The Founder and CEO of ShapeShift, Erik Voorhees, has announced that the exchange is launching a membership program and soon, anonymous trading will not be available.
Read the full article at https://bitcoinnews.com/shapeshift-will-no-longer-be-anonymous/
The Founder and CEO of ShapeShift, Erik Voorhees, has announced that the exchange is launching a membership program and soon, anonymous trading will not be available.
Read the full article at https://bitcoinnews.com/shapeshift-will-no-longer-be-anonymous/
Lightning Network Capacity Exceeds 100 Bitcoins
The capacity of the Bitcoin Lightning Network has grown to more than BTC 100 for the first time, with more than 12,000 active channels and 3,300 nodes.
To put this in perspective, in January 2018, there were fewer than 100 Lightning Network channels, and in May there were over 6,600. Clearly, the network is rapidly growing, a positive sign that it will eventually fulfill its goal of being a scalability solution for Bitcoin.
Read the full article at https://bitcoinnews.com/lightning-network-capacity-exceeds-100-bitcoins/
The capacity of the Bitcoin Lightning Network has grown to more than BTC 100 for the first time, with more than 12,000 active channels and 3,300 nodes.
To put this in perspective, in January 2018, there were fewer than 100 Lightning Network channels, and in May there were over 6,600. Clearly, the network is rapidly growing, a positive sign that it will eventually fulfill its goal of being a scalability solution for Bitcoin.
Read the full article at https://bitcoinnews.com/lightning-network-capacity-exceeds-100-bitcoins/
Alibaba Responsible for 10% of World’s Blockchain Patent Applications
Research published by Thomas Reuters shows that Chinese multinational holding conglomerate Alibaba has filed over 10% of the total number of blockchain patent applications last year.
Of the 406 total applications in 2017, Alibaba claims 43 of them, leading China’s growing blockchain intellectual property claims. The data collected also indicates that China is responsible for 56% of applications in 2017, followed by the US with 22%, and shows that the number of blockchain patent filings has increased from just 134 in 2016, to 406 in 2017.
Read the full article at https://bitcoinnews.com/alibaba-responsible-for-10-of-worlds-blockchain-patent-applications/
Research published by Thomas Reuters shows that Chinese multinational holding conglomerate Alibaba has filed over 10% of the total number of blockchain patent applications last year.
Of the 406 total applications in 2017, Alibaba claims 43 of them, leading China’s growing blockchain intellectual property claims. The data collected also indicates that China is responsible for 56% of applications in 2017, followed by the US with 22%, and shows that the number of blockchain patent filings has increased from just 134 in 2016, to 406 in 2017.
Read the full article at https://bitcoinnews.com/alibaba-responsible-for-10-of-worlds-blockchain-patent-applications/
First Sharia-Compliant Islamic Crypto Exchange Launches in UAE
UAE-based startup Adab Solutions has launched the world’s first cryptocurrency exchange that operates with full Sharia law compliance.
The exchange will be overseen by an in-house Sharia Advisory Board (SAB) comprised of independent experts that will ensure the operations unfailingly remain within the jurisdiction of Islamic law. The project cites its purpose as bringing a quality assets exchange to the Islamic community for the first time.
Read the full article at https://bitcoinnews.com/first-sharia-compliant-islamic-crypto-exchange-launches-in-uae/
UAE-based startup Adab Solutions has launched the world’s first cryptocurrency exchange that operates with full Sharia law compliance.
The exchange will be overseen by an in-house Sharia Advisory Board (SAB) comprised of independent experts that will ensure the operations unfailingly remain within the jurisdiction of Islamic law. The project cites its purpose as bringing a quality assets exchange to the Islamic community for the first time.
Read the full article at https://bitcoinnews.com/first-sharia-compliant-islamic-crypto-exchange-launches-in-uae/
New EU ICO Rules May Fall Under Crowdfunding Umbrella
The European Parliament in Brussels has taken a further step towards clarifying rules for ICOs within the nations of the European Community.
The all-party group met yesterday to examine proposals for the launching of ICOs although as yet no formal statements of intent have been made regarding the outcome of the meeting. Nicolas Brien of France Digitale did urge for haste, however, arguing that “the market wants legitimization… from every jurisdiction. In the UK it’s particularly bad, none of the banks will bank you if you have crypto”.
Read the full article at https://bitcoinnews.com/new-eu-ico-rules-may-fall-under-crowdfunding-umbrella/
The European Parliament in Brussels has taken a further step towards clarifying rules for ICOs within the nations of the European Community.
The all-party group met yesterday to examine proposals for the launching of ICOs although as yet no formal statements of intent have been made regarding the outcome of the meeting. Nicolas Brien of France Digitale did urge for haste, however, arguing that “the market wants legitimization… from every jurisdiction. In the UK it’s particularly bad, none of the banks will bank you if you have crypto”.
Read the full article at https://bitcoinnews.com/new-eu-ico-rules-may-fall-under-crowdfunding-umbrella/
Philippines Finalizing Crypto Exchange and ICO Regulations
New trading rules and regulations for cryptocurrency exchanges in the Philippines will soon be released by the nation’s Security and Exchange Commission (SEC).
Read the full article at https://bitcoinnews.com/philippines-finalizing-crypto-exchange-and-ico-regulations/
New trading rules and regulations for cryptocurrency exchanges in the Philippines will soon be released by the nation’s Security and Exchange Commission (SEC).
Read the full article at https://bitcoinnews.com/philippines-finalizing-crypto-exchange-and-ico-regulations/
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