Ledger Nano S

Superiorcoin - BTCAlpha

Friday, October 6, 2017

Cryptocurrency News for 6 Oct 2017

 

Large Japanese Energy Supplier Adds Bitcoin Payments With a Discount

Large Japanese Energy Supplier Adds Bitcoin Payments With a Discount

 

Established in March 2004, Remixpoint is listed on the Tokyo Stock Exchange and has a market capitalization of approximately 57 billion yen at press time. The company engages in a number of energy-related businesses such as developing and selling energy management systems; energy conservation consulting; selling energy-saving equipment; and electricity retailing.

Large Japanese Energy Supplier Adds Bitcoin Payments With a DiscountIn February 2016, Remixpoint developed a retail electricity business centered on high-voltage clients in the Tokyo Electric Power Company (TEPCO) service area. This service was expanded across Japan in August this year. The company subsequently expanded its retail electricity business to service low-voltage consumers beginning on October 1. Low-voltage customers include households, corporations, and retailers.

Along with the new service, Remixpoint also announced the integration of bitcoin payments into its new offering. Bitcoin is not only accepted for electricity payments, but the company offers discounts for customers paying with the digital currency. The company wrote:

"Payment of utility bills in virtual currency has already been introduced."


Full story at http://bit.ly/2hQwwan


Source: Bitcoin News


Tweet This Story

 

Why is Bitcoin Price Slow to Pick Back up to $5,000?

Why is Bitcoin Price Slow to Pick Back up to $5,000?

 

Bitcoin price continues to increase in the stock market and remains on course to reach the $4,500 level after falling below $3,000 due to the regulatory campaign by China against cryptocurrencies. As of press time, Bitcoin is trading at $4,291, a 3.91 percent decrease on the day.

Based on a price action analysis, the possibility of the Bitcoin to regain its record highs has improved after the bullish price action over the weekend.

It has posted an 11.3 percent week-on-week increase, but still down by 4.9 percent on a monthly basis. Trend indicators, however, showed a lack of vigor in the market, which will surely test the patience of investors. Another slight cause of concern is the sustained weak volumes in the market.

The recent sharp decline in Bitcoin price was due to the move by the Chinese government to prohibit the conduct of initial coin offerings (ICO) in China. The government argued that nascent fundraising mechanisms like ICOs are illegal under the country’s domestic laws.


Full story at http://bit.ly/2hS1hvN


Source: CoinTelegraph


Tweet This Story

 

Goldman Sachs CEO Lloyd Blankfein Latest Exec to Flirt with Bitcoin

Goldman Sachs CEO Lloyd Blankfein Latest Exec to Flirt with Bitcoin

 

Lloyd Blankfein, CEO of Goldman Sachs, cozies up to bitcoin, albeit hesitantly. He’s following a global corporate trend. As its price rises, and bitcoin’s resiliency to regulation rumors and clampdown steady, it’s not hard to imagine more converts on the way.

Goldman Sachs CEO, Lloyd Blankfein, consigliere to presidents, prime ministers, central bankers, understands the power of his unique platform, voice.

As head of a century-and-a-half old financial institution, Mr. Blankfein has the ear of everyone who matters. Even the United States Treasury consults him prior to finalizing policy.

Mr. Blankfein joined Twitter only this year, and has kept Tweeting to about two dozen posts in less than six months. This one, however, received serious media attention, especially coming as it has after conjecture swirled Goldman Sachs would consider its own bitcoin play within the mainstream market structure.


Full story at http://bit.ly/2hRFkNi


Source: Bitcoin News


Tweet This Story

 

Bitcoin 'More Than a Fad': Morgan Stanley CEO

Bitcoin More Than a Fad: Morgan Stanley CEO

 

While many on Wall Street are rallying behind JPMorgan CEO Jamie Dimon and his vitriol against Bitcoin, there are others who are far less skeptical.

Another major financial institution on Wall Street, that of Morgan Stanley, have had their CEO James Gorman come out and say that Bitcoin is not a fraud, nor even a ‘fad.’

While Gorman has not come out as a staunch advocate of Bitcoin, he has highlighted the potential attractions and given his opinion that there is a future for the digital currency.

Gorman has said that Bitcoin is at least “more than a fad” and that the privacy and control it offers is appealing.

“I haven’t invested in it. I’ve talked to a lot of people who have. It’s obviously highly speculative but it’s not something that’s inherently bad. It’s a natural consequence of the whole Blockchain technology.”


Full story at http://bit.ly/2hQNyFe


Source: CoinTelegraph


Tweet This Story

 

Bitcoin’s Rise Happened in Shadows of Finance. Now Banks Want In

Bitcoin’s Rise Happened in Shadows of Finance. Now Banks Want In

 

At first, bitcoin was a way to make payments without banks. Now, with more than $100 billion stashed in digital currencies, banks are debating whether and how to get in on the action.

Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein tweeted Tuesday that his firm is examining the cryptocurrency. Other global investment banks are looking into facilitating trades of bitcoin and other cryptocurrencies, according to industry consultants. Bitcoin has surged more than 300 percent this year, drawing the attention of hedge funds and wealthy individuals.

“They’re clearly receiving interest from their clients, both from retail investors and on the institutional side,” said Axel Pierron, managing director of bank consultant Opimas. “It’s highly volatile, it’s highly illiquid when you need to trade large volumes, so they see the opportunity for a new asset class which would require the capability of a broker-dealer.”

But bitcoin presents Wall Street with a conundrum: How do banks that are required by law to prevent money-laundering handle a currency that’s not issued by a government and that keeps its users anonymous?


Full story at https://bloom.bg/2hS1q2j


Source: Bloomberg


Tweet This Story

 

How Law Enforcement Can Investigate Bitcoin Related Crimes And Why That’s Good

How Law Enforcement Can Investigate Bitcoin Related Crimes And Why That’s Good

 

Bitcoin is just the first app we are using when dealing with the Blockchain. Soon we will see more ways people can squeeze the most out of Blockchain.

Back in the 90s when the Internet was first becoming profit-oriented, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.

In order to realize that potential, it’s critical that law enforcement has the ability to chase down the individuals who use the Blockchain for unrighteous things. We need to craft a Blockchain that is secure for legal commerce and is advantageous to everybody except for criminals.

Law enforcement agencies have a lengthy history of changing their procedures to pursue criminals who make use of the latest technology to commit crimes. The law has always found a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on Blockchain.

With Blockchain still being in the embryonic stage, we have the opportunity to make it much easier for law enforcement to understand. At the same time, we need to implement improvements to make the Blockchain safer for commerce while making it harder for criminals to use.


Full story at http://bit.ly/2hS1u23


Source: CoinTelegraph


Tweet This Story

 

 

 

Donation:
If you appreciate the things I share, consider making a contribution
no matter how small via PayPal or with TransferWise (EUR).
If you use Waves my wallet address is: 3PPeCnXEDAiRVzvsuGRycrNDHhWgDq68uVt
If you use Bitcoin my wallet address is: 12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ

Bitcoin QR-Code

 

 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Copy and paste this code into your pages.