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Davinci Jeremie Shares His Prediction After Stellar Track Record of Bitcoin Calls

December 13th, 2018

Davinci Jeremie, Chilean software developer and little known Bitcoin guru, who has a stellar track record of Bitcoin calls is back. Only As Good As Your Last Call If you’re sick of so-called experts, confidently calling the bottom of the bear market, only for the following week to wipe another [insert obscene amount of money…

UK MP Wants to To Introduce Bitcoin Tax Payments

December 12th, 2018

UK Member of Parliament, Eddie Hughes, has called for local authorities to take a lead, and accept Bitcoin payments. The Conservative politician also believes that a lack of reliable information is holding back wider adoption. The UK Should Take the Lead MP Hughes’ comments, reported in the Express newspaper, follow the recent announcement that Ohio now…

Opinion: Stock Up On Canned Food (And Bitcoin)…World Wide Winter is Coming!

December 11th, 2018

Whilst we are battening down hatches, and wrapping ourselves up for protection against the present crypto-winter, remember one thing. All is far from perfect in fiat-land around the globe… and Bitcoin is currently quite the bargain as the stock market is looking shaky once again. First Stop – France Macron’s recent tax-hikes have seen Paris…

Six EU Nations Sign Agreement to Regulate Distributed Ledger Technology (DLT)

December 7th, 2018

The Government of Malta this week announced the signing of a joint declaration of cooperation on Distributed Ledger Technologies (DLT). They joined a group of six other Southern European countries; France, Italy, Portugal, Spain, Greece, and Cyprus. Transformative Technology The countries released a joint-statement noting a shared view that the digital sphere is an ideal…

Buffett Bet 2.0 – Investment Fund Puts $1M on Bitcoin to Outperform S&P 500

December 7th, 2018

Asset manager, Morgan Creek Digital, is offering an interesting wager if anyone is willing to take it. It’s willing to bet $1 million, that its Bitcoin-focused Digital Asset Index Fund outperforms the S&P500 over the next ten years. Buffett Bet 2.0 The fund tracks ten major cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, although the…

Bitcoin Lightning Network Capacity Quadruples Since November

December 6th, 2018

Lightning Network continues to grow at a phenomenal rate, with capacity now topping 460 BTC, and a reported 16,000+ channels. Lightning Network Sees Accelerating Growth It feels like Lightning Network (LN), bitcoin’s energetic, frugal young apprentice, is in the news every other week. Certainly, LN is regularly breaking fresh milestones, although to be fair, there are…

Tether Dominance Of Stablecoin Market Falls To 74%

December 5th, 2018

As 2018 began, with only two competitors, Tether commanded 94 percent of the stablecoin market. With the year seeing the emergence of 8 new players in the space, that dominance has fallen to 74 percent. Flood Waters It seems that the cryptocurrency du jour is the US Dollar, or at least the stablecoins pegged to it….

OKEx Launches a ‘Timeless’ Bitcoin Derivatives Product

December 5th, 2018

On Monday, Malta-based Crypto Exchange, OKEx, launched a product which it says, ‘perfects’ its derivatives product suite. The ‘Perpetual Swap’ is a peer-to-peer virtual derivative with no expiry date, and daily settlement. Letter Swap In a fancy South Korean hotel ballroom, rife with media and guests shipped in from around the world, OKEx excitedly launched…

Is Blockchain Just Hot Air? New Study Finds Zero Percent Success Rate

December 1st, 2018

A new study into 43 blockchain solutions implemented in the international development sector revealed a zero percent success rate. It also found that blockchain vendors didn’t respond to requests for evidence of their solutions’ results. Blockchain Still Has Much to Prove A team from the US Agency for International Development (USAID) examined 43 implementations of…

Shell & BP Are Now Selling Crude Oil on the Blockchain

December 1st, 2018

Shell and BP are now using a blockchain-based trading platform for crude oil, which they hope will solve trade and settlement inefficiencies. Shell & BP Hope Blockchain Will Solve Inefficiencies Vakt is first to market of several pilot schemes which have been in development, which Bitcoinist reported on back in January 2018. It comes courtesy of…