McKinsey Digs Deeper Into Blockchain Technology Adoption Challenges
Dec 18, 2015 05:51 am UTC| Digital Currency
The global financial sector is gradually opening up to blockchain the decentralized public ledger that powers the bitcoin. The technology has potential applications much beyond the digital currency it can track the...

McKinsey: Four Stages Of Blockchain Adoption In Capital Markets
Dec 18, 2015 04:58 am UTC| Digital Currency Research & Analysis
All that is being said about blockchain technology and its potential to revolutionize banking system seems to be already happening. The number of participating member banks in R3 blockchain consortium rose to 42, while...

Bitcoin might not change the world, but the blockchain that makes it work, might
Dec 18, 2015 01:15 am UTC| Digital Currency Technology
Digital cryptocurrencies like Bitcoin may have failed to unseat their more traditional rivals, but the technology that underpins Bitcoin may yet bring about a revolution in finance and other industries. This technology is...

Japan’s Financial Authority Progresses On Bitcoin Regulation
Dec 17, 2015 10:36 am UTC| Digital Currency Law
According to a latest report from Japan Times, a working group under Japans Financial System Council has compiled a draft proposal that focuses on regulating virtual currency businesses. Starting today, the working...
Dec 17, 2015 10:01 am UTC| Digital Currency
Financial innovation company R3 announced today that it has concluded its distributed ledger bank membership round with the addition of 12 new banks, bringing the total number to 42. BMO Financial Group, Danske Bank,...

FxWirePro: BTC/EUR faces strong support around 400, good to buy at dips
Dec 17, 2015 09:37 am UTC| Technicals Digital Currency
BTC/EUR has declined till 403 and slightly recovered from that level. It is currently trading around 418. On the higher side minor resistance is around 425 and break above targets 400/422/441. The pairs major...
BTC/USD Remains Muted On Fed’s Rate Hike Decision
Dec 17, 2015 09:36 am UTC| Digital Currency
The U.S. Federal Reserve finally raised its interest rates on Wednesday by 25 basis points to 0.25%- 0.50%, putting an end to its long-running near-zero short-term interest rates. The Feds decision today reflects our...