Banks Use Bitcoin As A “Provable Reserve”?
I heard somewhere long ago that banks had to have a provable reserve of gold to backup their cash supply. If this is the case, then why not use Bitcoin as a provable reserve? It is easier to prove than gold supply in some cases because it can be done using a Blockchain Wallet Check.…
Jetcoin (JET) Coin Swap
Is anyone wondering why the Jet Coin markets are on pause over at Cryptopia? Well, it is because JET Coin is doing a coin swap. https://www.cryptopia.co.nz/Exchange?market=JET_BTC This coin looks pretty exciting, and could have some upside value if some of these pro athletes start buying in.
Bitcoin Price Passes $3400 USD
Bitcoin recently reached a new high, passing the $3400 USD price point for the first time in history, making 5% in gains overnight on approximately 1.2 Million USD in trade volume. The rise in the Bitcoin price comes as a small surprise, since traders were expecting the price to either rise or fall in the…