Top news and views about Bitcoin and Cryptocurrency for 22 Mar 2017
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After ETF Rejection, What's Next for Bitcoin On Wall Street?
In February 2017, the average global temperature was 1.76 degrees Fahrenheit above the 20th-century average of 53.9 degrees, NOAA's National Centers for Environmental Information said late last week.
But, how long exactly might this be? And will bitcoin ever see mainstream market acceptance? Those are just some of the lingering questions that the tech's avid supporters, and industry analysts, are now left with.
However, a consensus on sentiment is starting to emerge.
In the aftermath of the SEC's decision, many in the industry are asserting that the rejection was more than just an indictment of the particular proposal. Rather, they argue it was a clear message that further maturation of bitcoin markets is needed before such a product can be offered to retail investors.
Full story at http://bit.ly/2nELuCa
Ethereum Surges 20% As Altcoin Optimism Spills Over
Ethereum has surpassed all-time highs to currency sit at a record $26.71 per coin.
At press time Monday, the asset had undergone a 20 percent surge in 24 hours according to data from CoinMarketCap and CoinGecko. Longer term, Ethereum has more than doubled while sitting at around $12 until the end of February.
The rises come on the back of the launch of the Enterprise Ethereum Alliance, a well-received project focussing on Blockchain propagation and innovation for international business.
After the rejection of the Bitcoin ETF by the US Securities and Exchange Commission, the top ten altcoins experienced a slight drop followed by a sweeping comeback.
Full story at http://bit.ly/2nEXVOt
New Academic Paper Suggests Bitcoin is Resistant to State Control
A new academic paper, entitled “Bitcoin: Order without Law in the Digital Age”, explores the “fundamental structure” of Bitcoin. The paper seeks to show “how its decentralized order contrasts with currency regimes”. Highlighting how technology has changed our lives, the paper notes how – with the advent of Bitcoin – even modern currency is not exempt from the steady march of technological progress.
The paper highlights how bitcoin can “perform the functions of currencies without the traditional law of currency”. The paper also adds that Bitcoin’s global and distributed approach to order without law, as opposed to more spatially-close communities, is novel. “Order without some forms of law is nothing new”, the paper reads. “But previously most forms of order without law depended on relatively close-knit communities”.
Full story at http://bit.ly/2nELwtM
The Ultimate List of ICO Resources
William Mougayar is the author of "The Business Blockchain" and a board advisor to, and investor in, various blockchain projects and startups (see: disclosures). On 25th May, 2017, he is organizing the Token Summit in New York, a one-day event discussing in-depth the token economy.
In this opinion piece, Mougayar lists his ultimate 18 web resources for those wanting to research, track or launch initial coin offerings or ICOs.
Despite some regulatory uncertainties and cautiousness, the ICO space is developing at a rapid pace. ICOs are just one application of the token-based models that blockchains enable.
How do you keep track of the various ICOs that are being planned and launched?
Full story at http://bit.ly/2nF6OHR
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