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  • bitcoinnews1
    #Amazon Granted Patent For Streaming Data Marketplace With Bitcoin Use Cas

    Amazon Technologies, Inc., a subsidiary of e-commerce giant Amazon, received a patentfor a streaming data marketplace that would enable users to receive real-time cryptocurrency transactions data, according to a document released April 17.

    In order to meet the needs of organizations in managing of large amounts of data, the company, according to the patent, developed a technology for processing streaming data on a...  more
  • bitcoinnews1

    ’s Bolivar Sees 454% Inflation in Q1 as #Maduro Hawks the #Petro

    Runaway inflation continues to devalue the Venezuelan Bolivar (VEB), even as the country’s authoritarian government seeks to divert attention from the floundering economy by hawking its “Petro” cryptocurrency.

    According to Reuters, prices in Venezuela rose by 454 percent during the first quarter of 2018 and have swelled by 8,900 percent over the past 12 months.

    Those numbers are from the...  more
  • bitcoinnews1
    #Bitcoin #wallet under your skin? This guy has it
    April 14, 2018

    According to research results from Chainalysis, a blockchain “investigator” firm, around 17 to 23 percent of bitcoins are lost forever.

    To prevent this happening to them, people are ready to do radical things. Just like Martijn Wismeijer did.

    Martin is a Dutch citizen and a marketing manager at the bitcoin ATM manufacturer General Bytes that stores access to his bitcoin in chips that are placed under his skin.

    He...  more
  • bitcoinnews1
    #Ripple Exec Says #XRP is ‘Absolutely Not a Security’ / Adam James /
    Following reports that popular US-based cryptocurrency exchanges Coinbase and Gemini turned down payments from Ripple to list the company’s XRP token, a top executive from the real-time gross settlement system, currency exchange, and remittance network has tried to set the record straight.

    The third largest cryptocurrency by market capitalization, Ripple (XRP), is not a security — at least, not in...  more
  • bitcoinnews1
    22 #European Nations Form New #Blockchain Partnership

    A group of 22 European nations has formed a new blockchain partnership aimed to exchange information on the technology.

    The countries, including the U.K., France, Germany, Norway, Spain and the Netherlands, signed a declaration on Tuesday establishing the new group, dubbed the European Blockchain Partnership, according to a release from the European Commission.

    The collaboration is aimed to avoid "fragmented approaches" to the...  more
  • bitcoinnews1
    UK Bank says #Bitcoin Rise was “Viral” but Bulls Predict new Highs in 2018

    A recent story in the Independent compared Bitcoin’s price surge in late 2017 to an “infection”, going on to say that it’s low, seemingly stagnate, value is a result of that infection being treated and will serve as the new norm.

    Barclays say Bitcoin has Acted Like a Disease
    The price of Bitcoin has been fluctuating around the $7000 mark, falling from a 2018 high of $11,500 in March and it’s all-time...  more
  • bitcoinnews1
    #Bank of #America: #Bitcoin #Bubble Is Already #Popping

    A team of Bank of America Merrill Lynch (BAML) researchers is arguing that bitcoin is one of the "greatest asset price bubbles in history."

    In a note released Sunday, the team led by chief investment strategist Michael Hartnett went so far as to categorize the current market, which has seen a 60 percent correction so far in 2017, as a bubble that is already popping, Bloomberg reported.

    The bank published a chart comparing bitcoin with...  more