Bitcoin Transaction Volumes Up 55% in 2017

Bitcoin Transaction Volumes Up 55% in 2017 Bitcoin’s transaction volume in 2017 exploded to $260 mln per day – or $180,000 per minute, according to the latest statistics. The figures, which are currently circulating through the community on social media, show sustained solid growth in use year on year. In 2016, widely considered to be…

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Nocks, Gulden Drop Bitcoin Support, Cite Bad Reputation and Slow Transactions

Nocks, Gulden Drop Bitcoin Support, Cite Bad Reputation and Slow Transactions Nocks, an exchange and payment processor working closely with Gulden, has dropped Bitcoin support, citing the cryptocurrency’s bad reputation and slow confirmation times. According to a Medium post by Nocks, the processor and its associated cryptocurrency, no longer wish to deal with Bitcoin’s increasingly…

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Coin Center Educates Capitol Hill about Bitcoin and Blockchain

Coin Center Educates Capitol Hill about Bitcoin and Blockchain A large-scale implementation of any new technology is only effective when there is active collaboration between the private and public sectors. The same holds good for cryptocurrency technology. The cryptocurrency community is still a niche segment. A majority of the world’s population, including politicians and bureaucrats,…

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Indian Bank Wants Joint Effort To Share Data On Blockchain

Indian Bank Wants Joint Effort To Share Data On Blockchain The State Bank of India, hereinafter SBI, is actively seeking to promote information sharing among banks in the country using Blockchain technology. Dubbed ‘Bankchain,’ the initiative aims to target bad loans and fraud which “make up one-fifth of banks’ loan book,” Economic Times India reports.…

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Bitcoin Price Above $1,000 For One Whole Week, Passes $1,060

Bitcoin Price Above $1,000 For One Whole Week, Passes $1,060 Within a week since the initial plunge in value resulting from the halting of withdrawals by leading Bitcoin exchanges OKCoin and Huobi, Bitcoin price already recovered beyond its previous all-time high value of $1,060, nearing $1,080 in major markets. Cointelegraph’s recent coverage on the trend…

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