A Litecoin Price Ticker Appears on the Yahoo Financing Website

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Things are getting rather interesting for Litecoin, to say the least. The currency is striking its stride as we speak, by the look of things. Furthermore, multiple exchanges are producing high trading volumes for LTC right now. One of the greatest modifications comes in the kind of seeing LTC included to Yahoo Finance. This implies […] The post A Litecoin Price Ticker Appears on the Yahoo Financing Site appeared initially on The Bitcoin News – Leading Bitcoin and Crypto News since 2012. Read More

Bitcoin Price Watch; A Near Term Reversal?

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So that’s another day done in our bitcoin price trading efforts and one that we’ve had some pretty good luck with. Things were a bit slow this morning and – as anyone who caught our initial coverage will already know – we were uncertain as to the likely direction of the markets given the overarching […] The post Bitcoin Price Watch; A Near Term Reversal? appeared first on The Bitcoin News – Leading Bitcoin and Crypto News since 2012. Read More

Seattle-based RChain takes on Bitcoin and Ethereum with brand-new blockchain technology

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Greg Meredith A Seattle-based cooperative raised more than $5 million in a single day this week to build a new blockchain technology that it says will be faster, more scalable and far less resource intensive than the most popular blockchain systems today. RChain is the brainchild of Greg Meredith, a mathematician and software engineer who […] The post Seattle-based RChain takes on Bitcoin and Ethereum with new blockchain technology appeared first on The Bitcoin News – Leading Bitcoin and Crypto News since 2012. Read More

Regulation Is Strangling Fintech Startups: 4 Ways VCs Can Help

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Brexit wiped $3 trillion from global markets in the two days after the vote, but for British startups, the surprise referendum’s economic rampage has just begun. While the total impact won’t be visible until years after secession from the European Union, Brexit is sure to limit access to talent and markets for sapling startups. A record 608,110 new U.K. businesses launched last year, which means hundreds of thousands more companies are searching for talent. But if Britain tightens immigration laws as Brexiters promised, the talent pool is going to get a lot shallower. Startups also need access to customers in large, addressable markets, and Brexit will make it much tougher for British businesses to roll out Europewide product launches. So, while U.S.-based businesses have faced relatively little fallout from the strife across the Pond, Brexit provides some instructive lessons. This country’s 50 states offer a broad, diverse market, and that strong economy brings access to the global talent pool. But H1B immigration visa rules are tightening, and we’ve just elected a president who could stifle innovation even further. Nowhere — including either the United States or the U.K. — are onerous government regulations strangling startup innovation more than in the fintech industry. Fintech’s regulatory burden Both the U.S. technology and financial industries are heavily regulated, …

MOL Joins Consortium on Use of Blockchain Technology

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Mitsui O.S.K. Lines, Ltd. today announced its decision to participate in the “Consortium to develop trade data sharing platform utilizing blockchain technology,” in which NTT DATA Corporation works as the administrative workplace. Read More

State of Montana to Directly Invest in Bitcoin Mining Operation and Blockchain Based Data Center

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by Kenneth Schortgen, The Daily Economist: As we wrote in an article earlier this week, both regulation and how Bitcoin will be accepted within the U.S. appears to be varied between the states. And on June 10 the state of Montana has introduced a… Read More