2016 Review: There’s New Momentum For Bitcoin and the Blockchain Industry
2016 set the bull charging again. A combination of events, beginning with bitcoin’s popularity as a hedge that protects assets from the forces afflicting traditional markets, set the stage for the price more than doubling in 2016. The good news on the price front tempered the volatility that has historically plagued the cryptocurrency, helping to solidify its role in society. The positive news on the price front facilitated the continuing venture capital investment in bitcoin that was evident throughout the year. Venture capital investment in bitcoin in the last three years topped $927....
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After publishing more than 1,500 news stories and features, how do you sum up an entire year? That was the tall task facing CoinDesk at the end of December, and our second annual Year in Review was our best effort to do just that. Boasting 50 full-length opinion articles from 60 industry contributors, the goal of the month-long conversation was to showcase the sheer depth and breadth of industry thinking. From security to regulation to marketing and history, we strived to offer something for everybody. Armed with so many contributors, we admit we may have gone a bit overboard with the....
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....
Two global banking leaders, a banking consortium and a newly minted limited-purpose trust company gathered onstage at the Consensus 2016 conference in New York City to discuss the future of blockchain technology among global financial institutions. Moderated by business editor of The Economist Matthew Bishop, he lead the panel by proposing three possible futures of blockchain technology and asking the panelists to weigh in on the distributed ledger’s fate. Bishop indicated he believes blockchain could either "get rid of a lot of intermediaries", lead to incumbents owning the....
Many participants at the Revolution Banking 2016 event in Spain were interested in the Blockchain technology, which resulted in a lively discussion during the event Where is the blockchain heading? Whether the distributed ledger technology really has the potential to solve the issues currently faced by the banking and financial sector? These were some of the topics discussed in the last month’s Revolution Banking 2016 summit, which happened in Madrid, Spain on the 10th of May 2016. Revolution Banking 2016 was an event focused on new technologies, innovations, and collaborations in the....
One of the biggest events on the annual tech calendar has passed without many major announcements from bitcoin or blockchain industry firms. The 2016 Consumer Electronics Show (CES), held in Las Vegas last week, saw a notable decrease in the number of industry startups attending, with 2015 attendees including Blockchain, BitPay, Circle and Kraken indicating they did not participate. Further, of the assembled participants, a lineup that included lesser-known names such as BitCircle, BitRouter, Bits Limited, HyprKey and Ledger, only the latter company had a booth showcasing its technology or....