GOLDMAN SACHS: Bitcoin is going to test $3,000 and could get as high as $3,700

  • Bitcoin has held strong support and has its sights set on a test of the $3,000 level, according to Goldman Sachs.
  • The $1,856 to $1,790 area “has the potential to act as strong support,” Jafari wrote.
  • Jafari’s latest note comes two weeks after she predicted the cryptocurrency was setting up for a big drop.
  • Bitcoin has gained more than 20% from its July 17 low, and currently trades near $2,285.
  • As to how far bitcoin can go from here, Jafari expects another run at record highs.

Bitcoin has held strong support and has its sights set on a test of the $3,000 level, according…
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BBC Radio 4

  • Does the accelerating pace of technology change the way we think about the future?
  • It’s said that science fiction writers now spend more time telling stories about today than about tomorrow, because the potential of existing technology to change our world is so rich that there is no need to imagine the future – it’s already here.
  • Does this mean the future is dead?
  • Or that we are experiencing a profound shift in our understanding of what the future means to us, how it arrives, and what forces will shape it?
  • Presenters Timandra Harkness and Leo Johnson explore how our evolving understanding of time and the potential of technological change are transforming the way we think about the future.

How does the accelerating pace of technology change the way we think about the future?
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Video: Bring on Bitcoin: why Richard Branson and Bill Gates support the currency

  • Bring on Bitcoin: why Richard Branson and Bill Gates support the currency
  • Blockchain also recently introduced an iOS mobile application for its wallets, after Apple Inc. relaxed its policies on apps that handle the virtual currency.
  • Blockchain Ltd., which runs the world’s most popular wallet for storing bitcoins, raised more than $30m in its first outside round of funding.
  • Blockchain, which has more than 2.3m consumer wallets, will use the funds to expand internationally and add features.
  • Lightspeed Venture Partners, Wicklow Capital and Richard Branson were among the investors, the London-based company said in a statement today.

Blockchain President Peter Smith discusses the company’s business model and
the security concerns surrounding Bitcoin
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ASX to decide on blockchain by end of 2017

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‘ASX to decide on blockchain by end of 2017’ on Yahoo7 Finance Australia. The Australian share market will able to reveal whether a new blockchain-style system will replace its current method for clearing and settling stocks by the end of next year. Market operator ASX’s chief …
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Stocks extend Fed-fueled rally [Video]

LIVE: Blockchain comes to Wall Street. @CaitlinLong_ explains Blockchain

  • Stocks extend Fed-fueled rally
  • Catch The Final Round at 4 p.m. ET with Jen Rogers and markets correspondent Nicole Sinclair.
  • Yahoo says 500 million accounts hacked in 2014 Sponsored Reuters
  • It has the potential to transform the way we do business, from recording transactions to verifying business contracts.
  • Stocks are back in rally mode after the Fed hit pause on a rate hike.

Stocks are back in rally mode after the Fed hit pause on a rate hike. Catch The Final Round at 4 p.m. ET with Jen Rogers and markets correspondent Nicole Sinclair. Stocks in the red today include Herman Miller as the high-end furniture maker’s earnings and revenue missed estimates, Axovant Sciences
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Blockchain could be ‘revolutionary’ to this $2 trillion problem: HSBC

  • According to Ramachandran, blockchain technology could serve as a trustworthy intermediary to share information between buyers and sellers.
  • Companies are making a big bet on blockchain technology.
  • Blockchain has potential to streamline international trade: Expert Tuesday, 16 Aug 2016 | 4:01 AM ET | 04:20
  • But several organizations have looked into alternative applications for the blockchain, away from the digital currency.
  • Blockchain could be “revolutionary” to international trade and commerce, HSBC has told CNBC, after the bank unveiled a partnership with Bank of America Merrill Lynch to trial the technology.

Blockchain could be “revolutionary” for trade, HSBC has told CNBC, after the bank unveiled a partnership with BOAML to trial the technology.
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Blockchain could be ‘revolutionary’ to this $2 trillion problem: HSBC

  • According to Ramachandran, blockchain technology could serve as a trustworthy intermediary to share information between buyers and sellers.
  • Companies are making a big bet on blockchain technology.
  • Blockchain has potential to streamline international trade: Expert Tuesday, 16 Aug 2016 | 4:01 AM ET|04:20
  • But several organizations have looked into alternative applications for the blockchain, away from the digital currency.
  • Blockchain could be “revolutionary” to international trade and commerce, HSBC has told CNBC, after the bank unveiled a partnership with Bank of America Merrill Lynch to trial the technology.

Read the full article, click here.


@InsurtechLondon: “RT @FGraillot: How #blockchain could revolutionize international trade & commerce. #FinTech #InsurTech via @HSBC”


Blockchain could be “revolutionary” for trade, HSBC has told CNBC, after the bank unveiled a partnership with BOAML to trial the technology.


Blockchain could be ‘revolutionary’ to this $2 trillion problem: HSBC