Bitcoin Price Analysis – Bitcoin erases losses

Bitcoin experienced a 20% down day this week after a bitmain blog post outlining a UASF/BIP148 contingency plan for a hard fork. The spot price has now recovered to previous levels, ending flat on the week. Currently, 85% of mining pools support “SegWit2x” which is taken from the New York Agreement, which states that SegWit…

AirAsia fintech platform ready in three months’ time

AirAsia Group Bhd is waiting for approval from Bank Negara Malaysia for its new financial technology (fintech) programme, which is expected to be launched in three months’ time, said AirAsia Group CEO Tan Sri Tony Fernandes. Fernandes said the programme, dubbed as “The Big”, would enable banking and financial services as well as serve as…

5 Ways to Get Free Bitcoins

In Bitcoin, it’s like every organic food store has someone out front, offering free samples. Also, there’s a library everywhere you look, but only a few of those libraries have any good information. The largest traders would benefit a great deal if everyone just jumped blindly into Bitcoin, investing large chunks of their life savings…

Will Amazon become a force in fintech?

Amazon is the tech giant most likely to become a dominant player in fintech, predicted James Lloyd, Ernst & Young’s fintech lead, when speaking on stage at TechCrunch and TechNode’s event in Shenzhen, China on Monday. Lloyd told TechCrunch that he expects Amazon to expand further into payments, lending and credit scoring. “They’ll get into…

International Banker Analyses Bitcoin’s Recent Fall

Bitcoin’s Recent Correction On Thursday, all the top 25 cryptocurrencies, including bitcoin, Ethereum, and Ripple, experienced a huge price fall. The average value drop exceeded ten percent in almost all cases. Both Ethereum’s and bitcoin’s market cap fell by billions of dollars, with BTC dropping to $37.4 billion and ETH to $28.9 billion. However, one day…