Bitcoin exchange up or down
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Thanks for joining us for this round of headlines in the world of bitcoin and fintech. Dive right in for these headlines and more! As for possible factors driving the price, a TechCrunch article speculates it could be a sign of its growing popularity as a more mainstream asset.
Also mentioned in the same article is the ruling on the Winklevoss ETF, which has generated plenty of opinions on where the price may land post-verdict. If approved, it would make bitcoin more visible and accessible to average investors. The front runner solutions for scaling are split between Bitcoin Unlimited BU , which seeks to scale by increasing the block size as necessary, and Lightning Network LN , which proposes the use of off-chain payment channels to allow for a micropayment-friendly network and instant transactions.
One such project includes our proposed solution, Thunder. Situated in a vibrant shopping area in downtown Vienna, the bank is run by Bit Trust Services , who intend for it to be a safe and easier way for customers to learn about bitcoin and buy it in person. Since then it has become a small but welcoming hub for bitcoin users, with more than 20 vendors accepting it. In contrast to the positive news out of Japan and Austria, the Central Bank of India has declared bitcoin is not legal tender and will not be recognized as a valid digital payment.
In response, local startups including Zebpay and Unocoin have formed the Blockchain and Virtual Currency Association of India as a way to lobby the government and legitimize bitcoin in the country. Chicago-based administrator of funds, Northern Trust, has done just that with their newly-deployed block chain-based solution. Hitachi is another company migrating away from concepts to solutions.
Their project began testing on February 9th , and uses a block chain platform to handle their rewards points program. We hope brings innovative solutions on all fronts for block chain technology and digital assets. Leave a comment below and let us know. For more news like this, be sure to check out our archives!
Home About Blockchain Support Wallet. A new all-time high [! Love it or leave it: Embracing block chain technology [! Previous years have been spent focusing on proofs-of-concept, but in an industry-wide effort is needed to shift these ideas into robust working solutions.
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