Blockchain Blog | News and Updates on Blockchain and Bitcoin - https://blog.blockchain.com/
We take another look at the price of bitcoin this week which has been very stable since the halving when the block reward reduced by 50%.
Will the Brexit and China Continue to Influence Bitcoin Prices?
Macroeconomic uncertainty has spurred investment interest in bitcoin in recent weeks, but is this likely to continue?
In an article from Bitcoinist, they said "Japan and South America have become much more involved in digital currency," stating that regional interest across the globe may push the price higher over time.
The price of bitcoin is always an interesting hot topic, which may be a reason why 8,300 people are using the IFTTT developer platform to track the price using their alert-triggering system.
Here's Rootstock's Spin on the Bitcoin Sidechains Concept
During a recent interview with Epicenter Bitcoin, RSK Labs Chief Scientist Sergio Lerner explained how the two-way peg, which allows users to transfer bitcoins between blockchains, will work with bitcoin and Rootstock.
Blockstream, who is also working on developing sidechains for bitcoin, announced this week a defensive patent strategy.
We also learned on Thursday from CoinDesk that bitcoin's "nervous system" is getting an upgrade with the FIBRE Network.
Bank of England: Digital Currency Can Raise GDP 'By Almost 3%'
The Bank Of England (BoE) has stated a "central bank digital currency" (CBDC) could raise the UK's GDP "by almost 3%." In a lengthy new report published this week, the Bank studies the feasibility of introducing a CBDC, as well as the likely positive implications it would be have for the economy.
In India, one of the Reserve Bank of India's deputy governors has encouraged local banks to work with a research outfit previously established by the central bank on blockchain projects, saying banks should work to develop applications for digital currencies and distributed ledgers.
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