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Messages - newsatbravenewcoin

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1
The price of bitcoin responded very positively to the prospect of a Trump presidency in November, ticking up 3.4 percent after it became clear that he would be the next president. Analysts believe that this could be due to bitcoin acting as a hedge in times of trouble.

http://bravenewcoin.com/news/bitcoin-may-have-friends-in-high-places-following-trump-inauguration/

2
“Smart contracts” is a phrase which is often difficult to define. Let me help: a “smart contract” is a contract which enforces itself! Nick Szabo gave the example of a vending machine. You insert the money, and the machine lets you take back either [1] your money, or [2] some merchandise.

http://bravenewcoin.com/news/upgrading-smart-contracts-to-wise-contracts/

3
Global investment bank and asset management firm Needham & Company recently released a short investment report focusing on the the Grayscale Bitcoin Investment Trust (GBTC). While analyst Spencer Bogart gave GBTC a “Hold” rating, which means the price of the Trust is expected to go sideways over the coming year, the report also included detailed research on the upcoming Winklevoss ETF.

http://bravenewcoin.com/news/bitcoin-etf-may-attract-300-million-in-the-first-week-says-needham-and-company/

4
The price of bitcoin has fallen by a third since peaking above US$1100 early in the year. The precipitous drop was accelerated on Wednesday as the People’s Bank of China (PBoC) announced a surprise inspection of the three major Chinese bitcoin exchanges, BTC China, OKCoin, and Huobi. The price plunged from $917 to $760 over nine frantic hours, and has dropped further since.

http://bravenewcoin.com/news/chinese-central-bank-turns-attention-to-bitcoin-exchanges-price-plummets/

5
Bitcoin’s latest full-feature documentary, Banking on Bitcoin, was recently released on Video-on-Demand services Amazon and iTunes, as well as in a limited number of theater screens. Directed and co-written by Christopher Cannuccia, the 90-minute film was produced by Gravitas Ventures.

http://bravenewcoin.com/news/banking-on-bitcoin-is-the-latest-bitcoin-documentary/

6
Commodities markets rarely feature in blockchain conversations, but if Memphis-based commodities brokerage The Seam and their technology partners at IBM and Hyperledger are successful, cotton will be the first commodity where an industry-wide consortium takes advantage of a blockchain to improve the trade process.

http://bravenewcoin.com/news/the-seam-and-ibm-launch-the-first-cotton-industry-blockchain-consortium/

7
German auto engineering firm ZF Friedrichshafen AG, along with Swiss banking giant UBS and the innogy Innovation Hub recently announced that they have built a blockchain-based automobile “eWallet,” and are planning to field-test a car with the eWallet in 2017.

http://bravenewcoin.com/news/automobile-ewallet-uses-a-blockchain-to-enable-new-technology/

8
As the eleventh most-populous country in the world, with a population of over 120 million, the World Bank classifies half of Mexicans as “poor” and says that they are generally “Barred from access to formal financial assets.”

http://bravenewcoin.com/news/bitcoin-adoption-accelerating-in-mexico/

9
The very first block of the blockchain, Bitcoin’s Genesis Block, was mined by Satoshi on January 3rd, 2009. In the eight years since, bitcoin has grown from a valueless libertarian fantasy to crossing the US$1,000 line on Jan 1st. Since that time, bitcoin’s price has tested its’ new floor several times and mostly stayed above it, using the round-numbered level as a solid platform to build on.

http://bravenewcoin.com/news/bitcoins-8th-birthday-present-a-stable-1000/

10
Microsoft’s latest upgrade roadmap for MS Office, includes four entries for bitcoin support into the four different platform version of their popular Excel spreadsheet software. The changes allow for Bitcoin data to be used in their spreadsheets and calculations, making the task of doing budgeting with bitcoins far easier.

http://bravenewcoin.com/news/microsoft-adds-advanced-support-for-bitcoin-to-excel-spreadsheets/

11
Two Russian companies, S7 Airlines, and Alfa-Bank, have successfully closed a deal using a smart contract to settle and record a Letter of Credit (LoC) on a blockchain. A Deloitte in Russia provided legal support to the project.

http://bravenewcoin.com/news/s7-airlines-and-alfa-bank-pilot-the-first-russian-blockchain-letter-of-credit-transaction/

12
The development team behind the decentralized marketplace OpenBazaar recently released a new version of the platform with ShapeShift integration. The ShapeShift exchange platform supports 36 altcoins, including their most recent addition, the fully-anonymous ZCash.

http://bravenewcoin.com/news/openbazaar-adds-altcoin-support-after-receiving-3-million-more-in-funding/

13
We have finally broken out of a multi month consolidation pattern which is very exciting to see. Trading these breakouts can be very profitable and very risky.

http://bravenewcoin.com/news/bitcoin-price-analysis-lift-off/

14
It’s hard to deny the promise of blockchain. It seems like everyday I wake up and read about a novel use case or decentralized application seeking to blaze a new path forward or innovate off a legacy system.

http://bravenewcoin.com/news/blockchain-technology-and-the-law-are-allies-not-enemies/

15
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Commission (NDIC) have set up a committee to investigate the growing trend of bitcoin use, according to the government-owned broadcasting station, the Voice of Nigeria. The news was revealed on Friday by NDIC Managing Director Alhaji Umaru Ibrahim at the 2016 Workshop for Financial Correspondents in Kaduna.

http://bravenewcoin.com/news/nigeria-sets-up-a-committee-to-study-bitcoin-penetration/

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