The Q1 State of Bitcoin 2016 is Positive
There’s never a dull day in Bitcoin-land and this year’s been no different so far. Bitcoin.com reviews the ups and down of an overall positive Q1 2016. Bitcoin Q1 2016. Bitcoin’s value has remained relatively stable over the past couple of months at roughly the $425-450 USD range per BTC. The past two weeks has seen a huge jump in hashrate with a high of....
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The final week of 2015 brought exciting indicators for bitcoin and the blockchain heading into 2016. Price stabilization, venture capital investment, financial institutions’ investment and bitcoin’s ability to enhance cross-border payments all paint a positive future for the new year, despite the challenges of cryptocurrency’s association with illegal activity and the uncertain impact of regulatory initiatives. Another positive sign was the increasing attention from major financial media such as Forbes, Fortune and The Wall Street Journal. Fortune carried a feature summarizing both the....
CoinDesk’s Q1 2016 State of Blockchain report summarizes key trends, data and events from the first quarter of 2016. This article highlights a few of the 100 new slides from the report, which is freely available to view in full here. For more of our quarterly and annual reports, visit CoinDesk Research. State of Blockchain Q1 2016 from CoinDesk. As blockchain hype begins to subside and entrepreneurs and organizations get down to the business of implementation and execution, a new debate has emerged over timing. Splitting industry observers is a key question – Are we just short distance....
Bitstamp has sent a mail to its customers announcing discontinuation of service in the Washington State area. The impact of regulations targeting cryptocurrencies is being felt again in the United States. This time it is the State of Washington which seems to be at the receiving end after Bitstamp announced that it won’t be providing services in the “Evergreen State”. The platform’s mail to its customers reads, “After long and careful deliberation, we are sorry to inform you that due to recent regulatory constraints imposed by the State of Washington, Bitstamp will cease to serve customers....
2016 has been an excellent year for Bitcoin in many respects. Scalability innovations like Segregated Witness have been introduced to the Bitcoin community, many successful Blockchain and Lightning Network tests have taken place and many new markets have turned to Bitcoin as a viable currency option. The price of Bitcoin has been a major positive in 2016 as well, with its value up by well over 75 percent. Now, Dec. 1, 2016, marks the highest Bitcoin price measured in over two and a half years. New Bitcoin high for 2016. According to BitcoinAverage, the price of Bitcoin passed the $760 mark....
CoinDesk today announced that Delaware Governor Jack Markell will deliver the opening keynote for Consensus 2016, its 2nd annual blockchain technology summit, which will be held May 2–4, 2016, at the New York Marriott Marquis. Governor Markell will give a special presentation unveiling for the first time details surrounding "The Delaware Blockchain Initiative", which includes projects designed to draw new blockchain technology businesses to the state. In addition to the Governor's keynote, members from the Delaware Department of State and the State Bar Association will....