When you encounter the term "Distributed Ledger" it's pretty easy to get a clear idea of what it stands for. Distributed meaning that multiple people have the information, and Ledger meaning that it is data used to record historical events. In the case of Bitcoin, the ledger stores all of the transactional data from the first…

BTC/USD markets seem to have been experiencing a change in the market’s sentiment over the last trading session. Whilst selling pressure doesn’t seem to be going down, substantially large buy orders made the price spike upwardly, pushing the price up. Major Signals Large buy orders are managing to push the price up amid a setting…

Big conglomerates worldwide have filed patent applications for the Bitcoin currency. Some of these multinationals include Amazon.com; AT&T Global Network Services; IBM; Goldman Sachs; Bank of America; MasterCard; JPMorgan Chase; R3 Consortium; Verizon; and, Western Union. Patent Not Possible for Bitcoin The bad news is Bitcoin cannot be patented. Satoshi Nakamoto is said to be the…

The mood of BTC/USD markets seems to have shifted over a more negative approach to the market’s outlook after a peak at $908 amid this trading session. The market gave in to large sell orders, leading the price down to $885 levels. The recent recovery still seems to be followed by volatility as the price…

Reports came out that certain industries will try to experiment with Smart Contracts through Bitcoin this year. Smart contracts have gained popularity in 2016. Many banks, financial companies and investors continue to explore possible benefits of protocols based on Smart Contracts like Ethereum in developing original and decentralized apps. Yet, the Ethereum Network ($930 million) has…

By this time, members of the bitcoin community from all around the world are well-aware of the fact that international financial events and possible regulation play a great influence on the value of bitcoin, and its overall volatility. Not long ago, the entire world was shocked after Donald Trump won the United States Presidential Elections, and…

Dubai has long been known as one of the world’s most technically advanced cities, and this is no surprise considering their openness towards adopting new technologies. According to recent reports, it seems like Dubai and the bitcoin wallet and block explorer known by the name of Blockchain are partnering up for an interesting project meant to…

The break through resistance at $900 levels in yesterday’s trading session received a follow up that was quite eventful. BTC/USD rates momentarily felt down to $850 levels but swiftly recovered -and kept trading- around $870. A recent price spike pushed the price back up, close to $900 it didn’t look like the market is ready…

The Russian Government believes the Bitcoin currency and other virtual currencies no longer pose a threat to the country’s financial system. This was the announcement made Deputy Chairwoman Olga Skorobogatov of the Bank of Russia (Central Bank) and the country’s Federal Monitoring Service. According to a report from TASS news agency, Deputy Minister Alexei Moiseev said…

As indicated by reports leaving the German press, a study directed by the Deutsche Energie-Agentur (German Energy Agency) and ESMT Berlin has uncovered that numerous German vitality organizations as of now have a Blockchain innovation guide set up for future usage. Seventy industry heads were met in the overview and around 39 for each penny of…