By Greg Wilson, analyst, Palm Beach Confidential I was in our third-floor office kitchen talking to a colleague when my phone dinged. It was my bitcoin wallet, Airbitz. And I had just received some bitcoin. My first thought: “That was quick.” An hour earlier, I tried out a new way to buy bitcoin. I used a bitcoin ATM. Of […]

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Bitcoin has not just been a trendsetter, ushering in a wave of cryptocurrencies built on decentralized peer-to-peer network, it’s become the de facto standard for cryptocurrencies​. The currencies inspired by Bitcoin are collectively called altcoins and have tried to present themselves as modified or improved versions of Bitcoin. While some of these currencies are easier to mine than Bitcoin is, there are tradeoffs, […]

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Most central banks and governments are determined to regulate cryptocurrencies since they have been unable to stop them. The latest in the list is the U.S. Commodity Futures Trading Commission (CFTC), which said in a report on Tuesday that derivative contracts of Bitcoin will fall under its oversight.

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Bank of America is exploring how it might use a blockchain to better track the processing of file transfers in real time. The proposed system, outlined in a pair of patent applications recently released by the US Patent and Trademark Office, detail a system by which a blockchain could be combined with communications and memory devices to simplify the […]

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Goldman Sachs has said that digital currencies are not the ‘new gold’ despite claims that it is considering launching a bitcoin trading operation. In a note to clients, the multinational finance company said that despite the popularity of cryptocurrencies, gold is the ‘best long-term store of value,’ reports CNBC. The note said: The use of precious […]

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Serial strategist Tommy Lee has added to finance experts predicting sky-high Bitcoin prices of $25,000 or more. In an interview with Business Insider, Lee, who is already known for his bullish stance on Bitcoin versus Wall Street, repeated common speculation that capturing the power of gold is key. Five percent of gold’s market cap, his research suggests, would give […]

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Submitted by Michael Krieger of Liberty Blitzkrieg blog, Tom Woods Talks Bitcoin… Fantastic Interview Soon, whether via Bitcoin or whatever comes next, it will be possible to strip banking away from bankers, and money away from governments.   From a recent article in the Spectator titled “How Bitcoin Could Destroy the State” Support for Bitcoin amongst Austrian […]

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Bitcoin’s price is on the rise again having dropped 20pc in less than three days following China’s decision to clamp down on the volatile cryptocurrency. The value of ethereum and other leading cryptocurrencies like BitcoinCash, Ripple and Litecoin has also climbed, with their overvalue increasing by 17pc. Billions were wiped off their combined values after China’s central bank […]

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Having witnessed a solid recovery from the low of $5,100 in the last 24 hours, bitcoin is once again trading on the front foot and looking northwards. At press time, the bitcoin-US dollar (BTC/USD) exchange rate was roughly $5,700. As per CoinMarketCap, the cryptocurrency has gained 6.47 percent in the last 24 hours. Week-on-week, BTC […]

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It’s time for the world’s central banks and regulators to get serious about digital currencies, according to the head of the International Monetary Fund. Global financial institutions are taking risks by not watching and understanding emerging financial tech products that are already starting to shake up the financial services and global payments system, according to IMF […]

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