Category Archives: Market Overview

Europe’s First Regulated Bitcoin Product Launches in Gibraltar

Great article recently on Reuters that was brought to my attention by my friend Graham Laurie. Rather than repeat what the article covers in detail, just added the link to the article below:

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Is Bitcoin Becoming More Stable Than Gold?

Digital gold is starting to look slightly more stable than its physical counterpart. Since its inception several years ago, bitcoin has seen wild prices swings as advocates have tried to establish the nascent technology as a widely-used digital currency. But for the past three weeks, the price volatility of bitcoin has remained below or equal…

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Bitcoin’s Rallying Again—But Isn’t Getting Much Attention Anymore

Even as investors move back into bitcoin, the virtual currency has lost its place in the global spotlight. Bitcoin is a hot investment following an eight-month rally during which the virtual currency has gained about 130%, but it’s no longer the hot topic it once was. The volume of media articles and blogs mentioning bitcoin…

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Turkish Residents Flock to Bitcoin During Military Coup

The Turkish government is currently rounding up members of the groups that launched a military coup in recent days. During the coup, citizens ran to their banks and local ATMs to get their wealth out of the system as Turkey’s currency dropped significantly in value. Also read: 34 Bytes Bitcoin POS Terminal Starts Beta Testing Bitcoin Supporters…

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Why We Can’t Let Luddites Ruin Global Trade

Luddites. It’s a term most of you know as being somebody who is backward or uninterested in learning new technology. Actually, the Luddites were worse than this. They were a movement in England during the Industrial Revolution who had the objective of ruining machinery that was used to build products at scale. They thought factories…

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Bank of England: Digital Currency Can Raise GDP ‘By Almost 3%’

The Bank Of England (BoE) has stated a “central bank digital currency” (CBDC) could raise the UK’s GDP “by almost 3%.” Also read: Bitcoin ‘More Stable Than Euro and Pound’ After Record Brexit Trading Digital Currency Has ‘Number of Benefits’ Michael Kumhof In a lengthy new report published this week, the Bank studies the feasibility…

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$100M ‘Blockchain Fund’ Launched to Fast-Track Smaller EU Banks

Private equity firm BnL Growth Partners has joined a multi-million dollar fund to facilitate blockchain advances for smaller finance institutions in Europe. Also read: Blockchain Investment Off To A Slow Start In 2016 BB Fund is a ‘Huge Opportunity’ BnL, formed by ex-specialists from tech giant IND Group, will administer the Banking On the Blockchain (BB)…

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