The Australian Government Treasury has, in a detailed policy statement pledging support for Fintech to boost the industry, revealed that digital currencies such as Bitcoin will be exempt from double taxation. The policy statement also details how the government plans on regulatin … | Continue reading
Bitcoin price action has been slow during quiet Sunday trade. The bears continue preferring to place orders below price, rather than pro-actively trading the market. Upside is becoming strained but may continue grinding higher until more participation, on Monday, capitulates the … | Continue reading
The conflict over how to expand the bitcoin network has reached a critical point with no resolution in sight as the “halving” approaches in June, according to Paul Vigna, The Wall Street Journal’s “Moneybeat” blogger. Bobby Lee, CEO of BTCC, compared the rift to a split between r … | Continue reading
Bitcoin price has spent the past 24 hours in a corrective price pattern below $410 (Bitstamp). Large buy orders wait passively below $404, but bearish chart bias implies the sellers could simply consume them, as had been the case during the past week. This analysis is provided by … | Continue reading
From an investment perspective, bitcoin mainly exists in funds held by smaller investors as larger investors remain a bit wary, according to Reuters. Jeremy Millar, the founder and managing partner at Ledger Partners in London, estimated 50% to 90% of bitcoin’s total $6.4 billion … | Continue reading
According to a local report, two men in the city of Valencia, capital of the state of Carabobo, Venezuela were arrested by the Bolivarian Intelligence Service, the primary intelligence agency in Venezuela. The arrests were made few days ago, for mining bitcoin. Earlier this week … | Continue reading
In light of the recent Cryptsy debacle where millions of dollars worth of Bitcoin and other cryptocurrencies went missing after a malicious attack, another cryptocurrency exchange in BitQuick has become victim to hackers. In a blog post published on their website on March 17th, 2 … | Continue reading
Bitcoin price was washed over two waterfalls today and looks set to drop onto a support shelf at $400. With the price chart looking more bearish than it has for weeks, that may not be the end of decline. This analysis is provided by xbt.social with a 3-hour delay. Read the full a … | Continue reading
In a statement, the Department of Electronic Commerce and Information Technology in Vietnam has warned Vietnamese citizens against engaging in investments or the buying and selling of Bitcoin and digital currencies. The Vietnam e-Commerce and Information Technology Agency – which … | Continue reading
A healthy dose of skepticism is well, healthy. As for The Economist, their opinion is pretty much in lockstep with much of the world’s biggest industries that have been predicted to be ripe for adoption of blockchain technology. With specific mention of the financial and banking … | Continue reading
Leading bitcoin wallet and exchange services provider Coinbase has announced stop orders, a new feature that will allow customers to buy or sell the cryptocurrency at a previously specified set price in the Coinbase Exchange. Bitcoin services provider Coinbase has now added stop … | Continue reading
The Dubai Museum of the Future Foundation held the second meeting of its Global Blockchain Council to consider initiatives it will address this year, according to a release from the Dubai government. The council formed last month as part of the foundation’s efforts to adopt the l … | Continue reading
Japanese multinational and global conglomerate Hitachi has revealed its plans to establish a Financial Innovation Laboratory. The new installation will function as a Fintech research organization in Hitachi’s Global Center for Social Innovation at Silicon Valley, California. In a … | Continue reading
Bitcoin price reacted little to the Fed’s confirmation of additional rates increases during 2016. Half the market is passively accumulating via limit orders placed just below price, the other half is actively selling at market. This analysis is provided by xbt.social with a 3-hou … | Continue reading
DMM.com, an online entertainment platform that has 19 million users will enable its users to make purchases on the website with bitcoin. The feature is already active to millions of Japanese after being initiated on March 1, 2016. With 19 million users, DMM.com is among the top 2 … | Continue reading
Wirex Limited., the London, U.K. producer of the E-Coin bitcoin debit card, has introduced the first two-way bitcoin debit card. In addition to being able to spend bitcoin with the card wherever Visa and MasterCard are accepted in more than 130 countries, it will soon be possible … | Continue reading
Ubitquity LLC, a real estate blockchain based company in Dover, Del., has launched a prototype platform for secure document storage and integration with the title insurance industry and county clerks in the U.S., according to the International Business Times. The system uses Colu … | Continue reading
NeuCoin, known as the “2nd Generation Peercoin Fork,” says it has reached over 275,000 users three months after launching its consumer apps and is acquiring more than 8,000 users a day, on track to acquire 2 million users by year-end 2016. The company also announced it will elimi … | Continue reading
Retail giant Overstock has announced that it plans to issue company stock on its TØ.com blockchain platform. The announcement was made today at the 41st Annual International Futures Industry Conference. According to a release announcing the endeavor, Overstock revealed that it wo … | Continue reading
As the Internet of Things (IoT) creates new devices for a variety of remote monitoring capabilities, the question naturally arises: how will the costs for these capabilities be covered? A Medium entry offers an example of how a device, the 21 Bitcoin Computer, can pay on demand f … | Continue reading
Bitcoin price continues drawing sideways, along with global markets, in anticipation of today’s Fed rates announcement. Although markets do not expect the Fed to reintroduce the turmoil of earlier this year, there is a chance that the central bank cranks up rates and sends bitcoi … | Continue reading
Global bitcoin payment service provider BitPay has revealed a commercial partnership with blockchain technology provider Bloq, in an announcement. The partnership will see Bloq provide enterprise-grade implementation and support services for companies using BitPay’s open-source f … | Continue reading
The Sartori Coin will introduce people in Japan to bitcoin in a unique way. The Corbett Report, an independent, listener-supported alternative news source in Japan, featured Yoshi Kan of Raimu Inc., a Japanese import company, who said he is preparing the release the Sartori Coin, … | Continue reading
That’s what 21.co claims. “…We’ve built what we think of as the first micropayments marketplace: a marketplace that allows buyers and sellers to trade in digital goods using micropayments, initially specifically focused on APIs for developer use,” the company wrote on its Medium … | Continue reading
A federal judge in Chicago has ruled that a U.S. lawsuit claiming that Japan’s Mizuho Bank inflated customers’ losses directly by limiting withdrawals from their Mt Gox accounts, as the now-defunct exchange’s banking partner, can move forward. Furthermore, the Judge also rejected … | Continue reading
In a clearly stated analysis and opinion blog post about the costs and benefits of doing either a hard fork to a 2 MB block size limit versus going with the “Hong Kong Compromise” Segregated Witness (Segwit) upgrade, Sam Cole offers the perspective from that of a Bitcoin miner in … | Continue reading
Driver-owned ridesharing startup Arcade City, the developer of an open marketplace where riders connect directly with drivers by leveraging blockchain technology has now launched its mobile application for Apple iOS and Google Android devices. Ridesharing startup Arcade City has … | Continue reading
Bitcoin price is drawing sideways above $410. With plenty of volume – both on the buy and the sell side – we can expect that the market will soon choose a direction. Clear support and resistance close to the area of price will give an early indication of trend. This analysis is p … | Continue reading
Following an initial pilot run which saw select USAA employees and members view their Coinbase accounts via the website and the mobile application, the USAA is now expanding bitcoin integration via Coinbase for all member accounts. In a post yesterday, USAA announced that all acc … | Continue reading
In a day when the major bitcoin headline was that of Microsoft seemingly cutting ties with Bitcoin, the company has now been forced to apologize for what it deemed as “inaccurate information”. Bitcoin will continue to be supported. Technology giant Microsoft had suggested in a re … | Continue reading
Following a claim that 13,000 bitcoins & 300,000 litecoins were stolen by a hacker, a class action lawsuit and its subsequent insolvency, Cryptsy has now revealed a “reward contract” with ‘Cryptcracker’ to retrieve the stolen coins in exchange for a ‘base’ reward of 1750 BTC, app … | Continue reading
Instacoin, which operates Lamassu bitcoin ATMs in Quebec, Canada, has tweeted it is going to support Ethereum. With over 16 Lamassu ATMs in Canada (and more coming in 2016), we have plans to support #Ether / #Ethereum / #ETH https://t.co/ByvFbkwnxL — Instacoin (@Instacoin) March … | Continue reading
Software and hardware giant Microsoft is no longer accepting Bitcoin payments made on the Windows 10 store. The move comes a year after the corporation began accepting Bitcoin via BitPay. Notably, the move hasn’t affected users purchasing credit via Bitcoin on to their Microsoft … | Continue reading
Coinify APS, a Denmark-based blockchain currency payment provider, is facilitating the first real estate purchase in Denmark using bitcoin. Coinify processed a transaction worth 117 BTC (290,000DKK, $50,000 USD). The Just-Sold group real estate agency signed up for a Coinify merc … | Continue reading
Bitcoin price reversed to the downside after a failed attempt on the resistance ceiling. As it turns out there are negative elements among the Core developers – further biasing price to the downside.. This analysis is provided by xbt.social with a 3-hour delay. Read the full anal … | Continue reading
Two thousand fifteen was the year fintech – including blockchain technology – entered the “mainstream,” signified by a groundswell of venture capital (VC) investment. More than $13.8 billion in venture capital (VC) was invested in a variety of fintech companies globally, more t … | Continue reading
Bitcoin price has reversed from a bull-trap as the reality of a hardfork with the potential to destroy coins and time locked transactions persists. Nevermind the asset damage, the fundamental consensus breach of Classic(TM) is devaluing Bitcoin and incumbent businesses every day … | Continue reading
It began as a joke days before the Architect Ayal Segev hung the sign “Bitcoin-Embassy” at his Tel Aviv office. This story, is told in a recent story at the Juedische Allgemeine in German by Sabine Brandes. CCN has re-formulated that piece for an English speaking audience. Incre … | Continue reading
Bitwala customers will receive fee-free bitcoin transactions for the next two weeks in celebration of the payment service having logged 2 million transactions in one year. Starting Monday, Bitwala will waive its 0.5% fee. Users can redeem Bitwala’s fee-free offer until March 28 w … | Continue reading
BitStamp detected yet another scam targeting Bitcoin users. Much publicized, the Bitcoin community has faced threats from hackers and other plays for years. Oftentimes, phishing attacks have been used to trick users into giving up their coins to criminal elements. Other times, ra … | Continue reading
The Charity Commission in the United Kingdom has issued an alert toward all charities about an extortionist group demanding between £300 – £500 in bitcoin (approx. 1.03 to 1.72 BTC) or face cyberattacks, if the ransom isn’t paid up. In an alert issued toward UK-based charities to … | Continue reading
The co-founder and CEO of prominent bitcoin miner BitFury, Valery Vavilov, has penned an impassioned blog to highlight the merits of bitcoin and the bitcoin blockchain at a time when infighting within the bitcoin community is making all the headlines. The executive has also opine … | Continue reading
Bitcoin ATM manufacturer BitAccess has in a recent announcement revealed that the cryptocurrency can be purchased across 6,000 retail storefronts in Canada, via a Flexepin voucher that works similar to a gift card. Ottawa-based Canadian bitcoin ATM developer BitAccess has reveale … | Continue reading
Asking for blockchain without bitcoin struck Marc Andreessen as wanting “online” without the Internet. Siddharth Kalla, the chief technology officer of Acupay, a technology provider in New York specializing in cross-border finance, believes Andreessen was astute when he tweeted t … | Continue reading
Bitcoin distribution in Las Vegas has broad appeal. Vegas and bitcoin seem destined for each other as more businesses accept payments in the cryptocurrency. Las Vegas is one of the world’s most popular gaming and entertainment destinations. Over the past few years, more Vegas vis … | Continue reading
A new amendment to the Criminal Code by the Ministry of Finance in Russia sees the regulator – for the use of bitcoin – propose up to 7 years in prison for management and executives of banks and financial services firms. For the everyday citizen adopting bitcoin, the proposed ter … | Continue reading
Bitcoin price is edging higher as Gold is whip-sawing near its 2016 highs. With Classic(TM) looking to be heading the same way as XT, the market may feel renewed confidence in the integrity of Bitcoin. Today’s analysis proposes a few technical confirmations that should be observe … | Continue reading
The Bank of England (BoE), the central bank of the United Kingdom has sought a digital currency of its own. A centralized, completely central-bank controlled bitcoin clone in the form of a cryptocurrency called RSCoin. While financial institutions such as securities exchanges are … | Continue reading