Is Bitcoin Forming a New Price Floor at $1,000?

Bitcoin appears to be stabilizing at a new price point. The value of tokens on the public blockchain protocol reached a high of $1,039 today, continuing their recent run of stability. At press time, bitcoin has been trading above $1,000 since mid-day on 14th February, according...
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Why Bigger Might Not Be Better For Bitcoin Scaling

The block size debate, long one of the defining challenges hanging over bitcoin’s tech community, took an interesting twist late last month. A years-long discussion about how best to scale the functioning $15bn economic network mid-flight, the debate has largely been characterized by a face-off between those...
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Austrian Utility Giant Trials Blockchain Energy Trading

Wien Energie, Austria’s largest utility conglomerate, is taking part in a new blockchain trial focused on energy trading. The conglomerate is working with Toronto-based BTL Group, as well as EY’s Austrian outfit, on the project. The firm, according to its website, provides power to more than...
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Coin.mx Bitcoin Exchange Trial Begins in New York

Despite a slight delay, the trial of two individuals tied to the now-defunct bitcoin exchange Coin.mx has commenced. Reuters reports that representatives for Yuri Lebedev, one of the operators of the failed exchange, and Trevon Gross, a pastor who once ran a credit union allegedly...
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The Next Wave of Ethereum Applications is Almost Here

While critics have long taken aim at ethereum for a lack of production projects, a new wave of decentralized applications (or ‘dapps’) is making notable progress. Over the last few months, a number of long-anticipated ethereum projects have entered alpha and beta, including uPort, which aims to hand...
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State Bank of India Launches New Blockchain Finance Consortium

India’s largest bank is spearheading a newly unveiled consortium focused on blockchain applications. According to local news outlets, the State Bank of India – which Fortune says held nearly $450bn in assets as of last year – is partnering with several technology firms and a group of domestic commercial...
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