Blockchain Says Big News Coming: Any Ideas?

Blockchain’s CEO has tweeted: “This is going to be an exciting week. Some big news dropping tomorrow”, leaving the rest

Blockchain’s CEO has tweeted: “This is going to be an exciting week. Some big news dropping tomorrow”, leaving the rest for everyone’s speculation.

Some believe the news is no big deal, and that it’s just the launch of blockchain.com (over and above the current blockchain.org). The domain currently brings up a site appearing as follows:

Discover a trusted gateway to Asian markets!

blockchain.com

One suggestion was that Bloomberg will integrate blockchain data into its site. Bloomberg has been following Bitcoin more closely of late, reporting extensively on the MtGox debacle, and previously on other miscellaneous events.

Suggested articles

How to Generate Leads Outside of the Box?Go to article >>

Others are skeptical that it will be anything big, noting a similar announcement previously in the acquisition of the ZeroBlock app, which underwhelmed the community.

Of scant mention in the survey of speculation: opening an exchange. While unlikely that this is the case, Blockchain would be well prepared to handle such a task in light of the recent MtGox calamities. They are at the forefront of every transaction and would be best equipped to pre-empt Gox-like or other issues.

There is some speculation that the announcement has fuelled huge gains in Bitcoin (BTC) today. BTC has gained around 15% and traded as high as $710 on Bitstamp, now trading at $680. It is more likely that with MtGox out of the way, traders are starting to inch back toward the “fundamental underlying value of Bitcoin”. As spurious of a concept as it seems, its relatively flat trading prior to the MtGox development is a possible indicator of such value.

UPDATE: Speaking of Bloomberg, @ErikSchatzker has just tweeted that they’ll be talking to Blockchain at 11 am ET.

Got a news tip? Let Us Know