Bitcoin Daily: Bitcoin Crests $34K For First Time; US House Bill Calls For Office To Coordinate Blockchain Use In Federal Gov’t

Bitcoin rose above $34,000 on Sunday (Jan. 3), after crossing the $30,000 milestone for the first time ever the day before. It hit $34,544.94 Sunday morning, CoinDesk reported, before declining slightly, sitting at $32,854.16 as of 7:09 pm ET. The “digital gold” saw gains of over 300 percent throughout the year of 2020, according to […]

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The Basic Facts of Blockchain

The technology isn’t only shifting the way we use the web, but it is likewise revolutionizing the worldwide economy. Due to its inherent advantages, blockchain technology can be put into place in many industrial applications. It would also eliminate expensive intermediary fees that have become a burden on individuals and businesses, especially in the remittances […]

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IBM & Australian Banks Pilot Lygon Bank Guarantee Blockchain Solution

IBM and Scentre Group, a company that manages shopping centers, have teamed up with an association of Australia-based financial services companies in launching a pilot program that encodes retail lease bank guarantees onto a private blockchain, according to an IBM press release. With participation from organizations including ANZ, Commonwealth, and Westpac banks, Lygon was launched […]

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MILE Now Listed on BitForex: Fast, Free and Decentralized Blockchain for the Real Economy

BitForex has listed MILE on their exchange. It’s a deflationary cryptocurrency tied to a new stablecoin, XDR. MILE carries a 0.01 MILE transaction fee, while XDR transactions are free. While the market for stablecoins is already crowded, George Goognin, a board member and global ambassador for the Mile Unity Foundation believes that this coin pairing […]

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Bitcoin’s One-Stop Pawn Shops

On November 14th 2017, the price of bitcoin was a little over $6,500 — a bit more than it is today at $6,300. It might be easy to look at that 5 percent year-on-year price decline and conclude that perhaps the world’s best-known cryptocurrency is getting more stable. Those two data points belie the fact that the […]

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