BITCOIN PRICE: 1,179.99     HIGH: 1,220.00     LOW: 1,091.10

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Anarchapulco • February 25-28, 2017

The world’s premier conference for voluntaryist thinkers and activists, bringing together hundreds of principled anarchists to share ideas on how…

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Category: Commentary

Bitcoin Surpasses All-time High, Peaks at $1193.92

Category: Bitcoin, Commentary, News, Price Analysis

Bitcoin Surpasses All-time High, Peaks at $1193.92

BTC-USD surpassed the all-time high on February 23, with the price on the Bitstamp exchange reaching the highest level in Bitcoin's eight year history, at $1193.92. Bitcoin's ongoing long-term uptrend against fiat currencies intensifies as the SEC's decision on the Winklevoss ETF approaches. Depending on the capital of the ETF, the bitcoin price could surge as high as $1,700 if...

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BTC-USD Breaks $1100, Fresh All-time High Incoming?

Category: Bitcoin, Commentary, News, Price Analysis

BTC-USD Breaks $1100, Fresh All-time High Incoming?

Following attainment of our target at $1074.69, BTC-USD has surged even higher, posting a fresh high on February 21 at $1119.00 on the Bitstamp exchange. The market will now tend toward fractal resistance at $1136.72 and attempt a test of the 2017 high at $1139.89. As the approval for the Winklevoss ETF approaches, it seems that traders are pricing in...

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Ethereum’s Vitalik Buterin Emphasizes Importance of ‘Punishment’ in Cryptocurrency

Category: Commentary, Ethereum, News

Ethereum’s Vitalik Buterin Emphasizes Importance of ‘Punishment’ in Cryptocurrency

EDCON, an annual developer event for the Ethereum network, was started off by none other than Vitalik Buterin, the blockchain platform’s leading scientist on February 17. Buterin presented an “Introduction to Cryptoeconomics” where various topics were discussed, and issues with regards to incentives and rewards for the cryptocurrency. Using Bitcoin as an example, Buterin states that to change from a...

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Are British Banks Restricting Bitcoin Adoption?

Category: Bitcoin, Commentary, Finance, News

Are British Banks Restricting Bitcoin Adoption?

Cryptopay, a successful Bitcoin brokerage with more than 200,000 active users worldwide, has exited the UK market due to pressures of a banking policy update on February 1, 2017, that prevents British Sterling (GBP) deposits and withdrawals. Cryptopay, the Latest Casualty in the UK’s Bitcoin Ecosystem Ever since bitcoin has come into existence users have been faced with the difficulties...

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Abra goes Global, But Nobody Knows How it Works

Category: Bitcoin, Business, Commentary, News

Abra goes Global, But Nobody Knows How it Works

With Abra, Bill Barhydt (CEO) aims to democratize digital money by introducing an easy-to-use peer-to-peer (P2P) global money transfer platform in 50 countries throughout the world without ever having access to, or being a custodian of, users’ funds. According to Barhydt, Abra combines a complicated backend with a simple frontend. In the background, the app stores a smart contract holding...

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BTC-USD Lifts Off Despite BTCC Halting Withdrawals for One Month

Category: Bitcoin, Commentary, News, Price Analysis

BTC-USD Lifts Off Despite BTCC Halting Withdrawals for One Month

On February 16, the bitcoin price reached a fresh high at $1043.21 following BTCC’s announcement, the largest Chinese bitcoin exchange, that it will be temporarily halting bitcoin withdrawals for one month. In fact, last week, OKCoin and Huobi, who are also some of China's major bitcoin exchanges, made similar announcements. In the statement, BTCC addresses the current situation and states...

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ETH-USD Surges on JP Morgan and Others Backing 'Enterprise Ethereum'

Category: Commentary, Ethereum, Finance, News

ETH-USD Surges on JP Morgan and Others Backing 'Enterprise Ethereum'

This week we saw the price of ether, the cryptocurrency driving the Ethereum blockchain, spiking after JP Morgan announced that it was signing a partnership with Bank Santander and BNY Mellon to develop new solutions using the Ethereum blockchain technology. Enterprise Ethereum Receives Boost from Banks On February 14, the Ether-Bitcoin exchange rate hit an 82-day high of 0.01350 on...

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A New Kind of Hunger Games, Contenders Motivated by Bitcoin

Category: Bitcoin, Commentary, Entertainment, News

A New Kind of Hunger Games, Contenders Motivated by Bitcoin

There is a new, rising trend in the outskirts of Bitcoin communities, and it has a more charitable spirit than what you might usually read about bitcoin. At Bitvest.io, a bitcoin gaming and investment site, there is a group of people who participated in a remarkable contest during the first week of February. The group is a mix of personalities...

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IBM Study: 90 percent of Government Agencies to Invest in Blockchain Tech by 2018

Category: Commentary, News, Regulation, Tech

IBM Study: 90 percent of Government Agencies to Invest in Blockchain Tech by 2018

A study by the IBM’s Institute for Business Value, entitled “Building trust in government,” revealed that the majority of public officials who participated are likely to pursue blockchain development in 2017. The survey spanned 200 government leaders from 16 countries, suggesting that 90 percent of government organizations plan to invest in blockchain technology by 2018. Specifically, government agencies will actively...

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PBoC's Bitcoin Withdrawal Suspension Serves as Reminder For Wallet Security

Category: Altcoins, Bitcoin, Commentary, News

PBoC's Bitcoin Withdrawal Suspension Serves as Reminder For Wallet Security

On February 9, Huobi and OKCoin, two of the largest bitcoin exchanges in China, officially suspended withdrawals for both bitcoin and Litecoin users in compliance with the demand of the People’s Bank of China (PBoC). In late January, PBoC asked Huobi and OKCoin to overhaul their Anti-Money Laundering (AML) and Know Your Customer (KYC) systems to remain on par with...

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