Bitcoin Price Swings Closer to $4,500 Record Levels

Bitcoin Price Swings Closer to $4,500 Record Levels   Following two days of near sideways trading, bitcoin prices have once again reached record levels. Since setting its most recent all-time high of $4,484 on August 15, prices have fluctuated in the $4,000–$4,200 range until starting to rise once again Wednesday afternoon. This morning, however, following a…

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Australia Extends AML Policies to Cover Cryptocurrency Exchanges

Australia Extends AML Policies to Cover Cryptocurrency Exchanges   Australia is moving to introduce a new bill that would extend the country’s anti-money laundering rules to cover domestic cryptocurrency exchanges. In a statement this morning, the Ministry of Justice announced that the legislation would bring those exchanges within the jurisdiction of the Transaction Reports and Analysis Centre (AUSTRAC), the country’s chief financial intelligence…

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New Consortium Forms in Japan to Investigate Blockchain Use Cases

New Consortium Forms in Japan to Investigate Blockchain Use Cases   Japan’s largest IT services firm, NTT Data, has announced a new consortium aimed to investigate use cases for blockchain technology. According to the company, the initiative so far includes 13 different companies drawn from the financial, logistical and trade industries. Notable participants include Mizuho Financial Group,…

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Bitcoin Price and Google Search Connection

Bitcoin Price and Google Search Connection   If you’ve heard about the massive gains being enjoyed by bitcoin recently, then googled the digital currency to see what all the fuss is about, some of the cryptocurrency’s investors may want to thank you. Bitcoin prices show a notably high correlation with Google search trends for the…

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IBM Signs Deal with Singaporean Port Operator and Regional Shipping Firm to Pilot Blockchain-based Supply Chain Network

IBM Signs Deal with Singaporean Port Operator and Regional Shipping Firm to Pilot Blockchain-based Supply Chain Network IBM has signed a memorandum of understanding with PSA International, a major port operator in Singapore, and regional shipping company Pacific International Lines. The partnership will be testing a new Blockchain-based supply chain network. In a press release issued on Aug. 16,…

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