Largest Bank in the Phlippines Showcases Bitcoin Mining Equipment

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Financial institutions all over the world are interested in Bitcoin. UnionBank recently demonstrated its cryptocurrency miners at a business conference. That is an interesting development, considering how the world’s leading cryptocurrency is a legal tender in the country.  When the biggest bank in The Philippines gets into Bitcoin, an interesting tone is set. Unionbank and Cryptocurrency The Philippines have always been a key region for Bitcoin. It is home to a few remittance services which rely on cryptocurrency. Moreover, the government made it clear Bitcoin can be used for remittance purposes. It is a validation of the world’s leading cryptocurrency being used for real-world use cases. So far, the is one of the only countries to take this specific step in recent years. Unionbank, the biggest bank in the country, recently showcased cryptocurrency miners during a business conference.While that may not seem important, it is another nod of approval toward cryptocurrency. While not a Bitcoin mining unit, it does show the institution is interested in cryptocurrencies. When the CEO of a top bank in the Philippines runs #Bitcoin miners at a business conference, you know we’re headed in the right direction pic.twitter.com/b7dzGMDXVa — Miguel Cuneta (@MiguelCuneta) May 18, 2018 How …

Ethereum Price Analysis: ETH/USD’s Support Turned Resistance

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Secret Emphasizes ETH price failed to recover additional and decreased below the $690 assistance against the US Dollar. There was a break listed below an ascending channel with assistance at $690 on the hourly chart of ETH/USD (data feed through Kraken). The set traded as low as $656 and it is currently correcting losses to $680 … … Read More

Technical Analysis of Bitcoin (BTC/ USD), May 18, 2018, FXEmpire.com

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Avoid to content Technical Analysis of Bitcoin (BTC/ USD), May 18, 2018, FXEmpire.com × The Bitcoin market sideways throughout Thursday’s trading session, hovering at its current low … For a full article, check out https://www.fxempire.com/forecast/article/ Bitcoin Markets Sideways– Thursday– 502757– BTC/ USD Forecast May 18, 2018 Technical Analysis. Discover more about Forex and Commodity News (https://www.fxempire.com/news), Technical Analysis (https://www.fxempire.com/forecasts/technical), Basic Analysis (https:// Www.fxempire.com/prediction/fundamentals … Read More

Bitcoin in Quick Friday: UN Backs Crypto-Solar Project in Moldova, Malta Utilizes Blockchain in Mass Transit

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Today’s Bitcoin in Short features several examples of harnessing crypto and blockchain innovations to improve quality of life around the globe. The United Nations is associated with a crypto-funded project to power Moldova’s Technical University with solar power. Efforts in Malta and India will employ blockchain technologies to develop more reputable public transport and land windows registry systems.UN Launches Crypto-Funded Solar Power Task in Moldova The United Nations Advancement Program ( UNDP) is introducing this year a crypto-funded initiative to power a university in Moldova with solar energy. The task, to be understood in partnership with the South African solar power market Sun Exchange, will enable people to purchase solar cells and after that lease them to the Technical University in Chisinau, which is one of the biggest in the country.According to a VOA report , the purchases will be madeutilizing Solarcoin, a crypto launched by the blockchain startup Electricchain. The idea is to discover new sources of finance”to help buildings go green over night, in this case with rooftop solar panels, “stated Dumitru Vasilescu, program supervisor with UNDP in Moldova.”Among the greatest obstacles to nations buying renewable resource is the lack of funding, as you often have to wait …

Jack Ma: Bitcoin is a Bubble … Blockchain is Not

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2017: For Bitcoin, I don’t have much interest, exactly what I would like to know is, exactly what can bitcoin bring to society ?”But anyway, I believe blockchain technology is really powerful … However bitcoin, we take a look at it in a really careful way. I am not very knowledgeable about Bitcoin; I am always curious. But I think for bitcoin enthusiasts like you, Bitcoin is inseparable.For Jack Ma, Bitcoin might be a bubble, however Blockchain is unquestionably not.It is simpler for a businessman to know how to distinguish scenarios and do isolated studies when he separate these two ideas. Jack Ma is very open-minded in mentioning that he does not completely understand the features of Bitcoin merely because it is not exactly what he is most thinking about: Honestly, i know hardly any about it, and I am absolutely confused: as well as if it works, the entire international rules and laws on trade on finance is going to entirely alter. I do not believe we are all set for that. So I think I’m concentrating on the Alipay and focused on RMB, U.S. Dollars and Euros, and that’s reasonable … We have a team particularly to study …