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How Discus Fish Became China’s Largest Bitcoin Mining Pool Bitcoin Foundation Hires Regulatory Expert for EU Policy Push Study: Illicit Goods Use, Age and Politics Predict Bitcoin Holdings OKCoin Introduces Multiple Balances for Trading Flexibility Downward Pressures Persist as Bitcoin’s Price Declines to Near $400 Bitmarket.lt Takes Bitcoin’s Fight Against Big Banks to Court Optimism Grows as Isle of Man Bitcoin Conference Draws to Close Bitcoin Think Tank Coin Center Launches with Star-Studded Support BitPay API Update Lets Apps Enable Easy Bitcoin Refunds How Bitmarket.lt is Taking Bitcoin’s Fight Against Big Banks to Court Optimism Grows as Isle of Man Bitcoin Conference Comes to Close CoinTerra Opens Pre-Orders for First 16nm Bitcoin ASIC CoinTerra Opens Pre-Orders for First 16nm Bitcoin ASIC Isle of Man Residents Could Soon Settle Tax Bills in Bitcoin Huobi Launches USD Exchange With 24/7 Customer Support
 
Discus Fish

How Discus Fish Became China’s Largest Bitcoin Mining Pool

Mining pools serve a crucial yet relatively mundane role in the mining process by providing a focal point for hashing power and enabling small-scale miners to collaborate with others. If bitcoin mining is a competitive sport that pits miners against each other to discover new blocks and generate more bitcoins, then mining [...]

Bitcoin Foundation Bangladesh Suspends Operations

The Bitcoin Foundation has issued a new statement suggesting that bitcoin and digital currency transactions are not illegal in Bangladesh, despite previous reports. However, citing general uncertainty surrounding this week’s statements from the Bangladesh Bank, the Bitcoin Foundation Bangladesh, the organisation’s first Asia-based affiliate, will suspend operations. In a post entitled “The Case for Bitcoin in Bangladesh“, executive director Jon Matonis attacked the [...]

Bitcoin Ponzi Scheme Perpetrator Fined $40 Million

A Texas man charged with defrauding consumers through an illicit investment vehicle has been ordered to pay more than $40m in fines by a federal judge. The Thursday ruling brought to close a case launched last July that drew headlines at a time when many in the mainstream US media were only first learning about bitcoin and its related technology. Trendon Shavers, [...]

EU Commission, Brussels

Bitcoin Foundation Hires Regulatory Expert for EU Policy Push

The Bitcoin Foundation has been ramping up its lobbying efforts in the US since July, most notably with the hiring of Washington, DC-based firm Thorsen French Advocacy. Now, the organisation is making a similar push to promote the digital currency in Europe. The foundation announced today that it has retained regulatory expert Monica Monaco to directly promote the [...]

man question

Study: Illicit Goods Use, Age and Politics Predict Bitcoin Holdings

If you’re in your 30s, love to shop on Silk Road 2.0 and live outside the US, then chances are, you’re a pretty big bitcoin user. That’s what a new study delving into the profile of bitcoiners has found. The study, titled ‘Who Uses Bitcoin? An Exploration of the Bitcoin Community‘ is by [...]

OKCoin homepage

OKCoin Introduces Multiple Balances for Trading Flexibility

OKCoin yesterday added a new ‘margin management’ system to its recently launched Futures trading platform, allowing multiple margin balances for a trader’s different positions. Margin management replaces a previous system which allowed only a single margin balance for all positions held. This meant that gains and losses of individual positions had the [...]

Bitcoin Price

Downward Pressures Persist as Bitcoin’s Price Declines to Near $400

The price of bitcoin on the CoinDesk USD Bitcoin Price Index (BPI) declined today from a near-open high of $455.24 to a low of $405.72 at 19:35 UTC, before eventually recovering to a press-time value of $421.42. Prices were similarly affected on the CoinDesk CNY Bitcoin Price Index, which hit a high [...]

Bitmarket.lt

Bitmarket.lt Takes Bitcoin’s Fight Against Big Banks to Court

A close look at recent headlines reveals the current reality for the bitcoin industry – that despite the potential world-changing promise of its underlying technology, its businesses are still facing hurdles when attempting to bring their products and services to market. However, not all startups are taking the indecision of banks lightly. Lithuania-based bitcoin startup Bitmarket.lt is fighting [...]

Sept 18 - TGBEX

Optimism Grows as Isle of Man Bitcoin Conference Draws to Close

The big news from Crypto Valley Summit’s closing day was that the Isle of Man is currently considering whether to allow residents the ability to pay their government bills, including income and other taxes, with bitcoin. The announcement was made during the event’s closing speech by Chris Corlett, chief executive of the government’s Department of [...]

Coin Center

Bitcoin Think Tank Coin Center Launches with Star-Studded Support

Coin Center, a new public policy organisation dedicated to digital currency research and advocacy, has launched with widespread backing from the bitcoin industry. The Washington, DC-based group is supported by prominent figures such as VC investor Marc Andreessen, SecondMarket chairman Barry Silbert, bitcoin developer Jeff Garzik and a host of the industry’s most prominent [...]

BitPay

BitPay API Update Lets Apps Enable Easy Bitcoin Refunds

BitPay has introduced the newest version of its BitPay API, a representational state transfer (RESTful) service that will allow the customers of all API-using developers to initiate refunds directly from those applications. The updated API follows a string of recent releases for developers from a number of key bitcoin companies, including Coinbase’s free [...]

Bitmarket.lt

How Bitmarket.lt is Taking Bitcoin’s Fight Against Big Banks to Court

A close look at recent headlines reveals the current reality for the bitcoin industry – that despite the potential world-changing promise of its underlying technology, its businesses are still facing hurdles when attempting to bring their products and services to market. However, not all startups are taking the indecision of banks lightly. Lithuania-based bitcoin startup Bitmarket.lt is fighting [...]

Sept 18 - TGBEX

Optimism Grows as Isle of Man Bitcoin Conference Comes to Close

The big news from Crypto Valley Summit’s closing day was that the Isle of Man is currently considering whether to allow residents the ability to pay their government bills, including income and other taxes, with bitcoin. The announcement was made during the event’s closing speech by the Chris Corlett, chief executive of the government’s [...]

Cointerra AIRE miner

CoinTerra Opens Pre-Orders for First 16nm Bitcoin ASIC

CoinTerra has announced the AIRE Miner, the company’s first bitcoin miner based on 16nm silicon. The Texas-based mining hardware maker said the AIRE will deliver a substantial increase in efficiency and performance when it ships in the first quarter of 2015, as the chip will be one of the first commercial products [...]

Cointerra AIRE miner

CoinTerra Opens Pre-Orders for First 16nm Bitcoin ASIC

CoinTerra has announced the AIRE Miner, the company’s first bitcoin miner based on 16nm silicon. The Texas-based mining hardware maker said the AIRE will deliver a substantial increase in efficiency and performance when it ships in the first quarter of 2015, as the chip will be one of the first commercial products [...]

Man selecting bitcoin payment

Isle of Man Residents Could Soon Settle Tax Bills in Bitcoin

Isle of Man residents and businesses could soon have the option to pay their taxes in bitcoin, according to a government representative who indicated the option is under serious consideration. “Everything from paying your car tax to your income tax bill, we’re seeking to operate a wider range of choices for citizens and businesses [...]

US 100 dollar bills

Huobi Launches USD Exchange With 24/7 Customer Support

Bitcoin exchange Huobi has added another branded service to its collection with the launch of BitYes.com, a USD-based platform for trading bitcoin and litecoin. The company launched BitYes at its first anniversary celebration at Beijing’s Shangri-La Hotel on Saturday. BitYes will feature 24/7 English customer support available through multiple channels including Twitter, Facebook and Reddit, [...]

Luxembourg Startup CoinPlus Closes Seed Funding Round

If you have a news tip, please email us at [email protected]. Interested in guest writing? Please email your idea for a guest article to [email protected]. Please read our guidelines before submitting your request. Close Read more ... CoinDesk

CoinJar Launches Bitcoin Debit Card Trial

If you have a news tip, please email us at [email protected]. Interested in guest writing? Please email your idea for a guest article to [email protected]. Please read our guidelines before submitting your request. Close Read more ... CoinDesk


swap

Bitcoin Derivatives Trading Platform Gets US Approval

20 September 2014

TeraExchange, a New Jersey-based swap execution facility has launched its first regulated platform for Bitcoin derivatives and a spot BTC price index. The company that is registered with the Commodity Futures Trading Commission CFTC, announced the launch of the platform on Friday September 12th, 2014. Growing Demand for Bitcoin Derivatives In a press [...]

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in The Bitcoin News

You Know You Want to Go: You’re Invited to New Zealand’s First Bitcoin Conference, Bitcoin South, Nov 2014

20 September 2014

It’s time to add the most exciting Bitcoin networking event and conference destination to your calendar – Bitcoin South in Queenstown, New Zealand.  For the weekend of 29-30 November 2014, go on an unforgettable adventure, and enjoy the latest the global Bitcoin community has to share. Organised by Fran Strajnar, founder of bravenewcoin.com, the conference is taking shape as  a ‘Journey [...]

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in The Bitcoin News

CoinTerra™ announces the world’s first 16nm ASIC based Bitcoin Miner – the AIRE Miner™

20 September 2014

AUSTIN, Texas – 09/18/2014  CoinTerra, the market leader in Bitcoin mining solutions today announced their next generation Bitcoin Miner – the AIREMiner™. At an expected performance per watt of 5x the current generation miners, the 16nm ASIC based AIRE Miner is now available for limited time pre-order with expected delivery in Q1 2015. After a successful launch of TerraMiner IV™ Bitcoin [...]

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in The Bitcoin News

800px-Golden_gavel_3

‘Pirateat40′ sentenced to pay $40.7 million over Bitcoin Ponzi scheme

20 September 2014

Share ! tweet One of the most famous cases in the short history of Bitcoin has finally been decided in court. An American judge sentenced Trendon Shavers – best known as ‘pirateat40′ -, to pay a combined $40.7 million for running a Ponzi scheme. Shavers was the owner of Bitcoin Savings and Trust, a company that [...]

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in The Bitcoin News

Bitcoin Volatility

20 September 2014

As the biggest IPO of all time gears up, the price of gold and Bitcoin is on the slide with some once more predicting the imminent demise of our experimental alternative currency. What is really happening, is that we are learning what people really mean when the say that Bitcoin is volatile. They do not mean that the price rises, but [...]

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in The Bitcoin News

btc price drop

Price Drop Investigation

20 September 2014

The sky is falling, the sky is falling! One look at this weeks Coinmarketcap is all it takes to get a sense for what the market is feeling at the moment, as total market cap drops to around 5.8 billion. The new threshold marking the lowest total marketcap has been since April of this year, as 12 of the top 20 [...]

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in The Bitcoin News

nxtwallet

Start with NXT

20 September 2014

Share ! tweet 1. Download the Nxt client: http://nxtra.org/nxt-wallet/ OR Use an online wallet: https://nxtblocks.info/#wallet or https://wallet.mynxt.infoOR … If you like to get your hands dirty, download and use the NRS (Nxt Reference Software). Read the guide. 2. Choose your passphrase wisely! 35+ random chars. 3. Get a few free NXT and register your account in the blockchain Read the instructions – and [...]

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in CryptoNews

BitPay Announces New Cryptographically-Secure API with Easy Bitcoin Refunds

20 September 2014

US bitcoin processing company BitPay announced on Thursday that it has launched a new version of representational state transfer (RESTful) service that is using its decentralized authentication tool BitAuth. The cryptographically-secure API will enable users to implement bitcoin refunds from their applications to any address as it utilizes Bitcoin Payment Protocol. This means it is compatible with all bitcoin wallets. Eric Martindale from BitPay [...]

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in The Bitcoin News

Bitcoin’s Price Dropped to $390, its Lowest Level Since April

20 September 2014

Bitcoin price achieved its lowest level since April 2014 following a turbulent day on September 19th. According to the CoinDesk USD Bitcoin Price Index (BPI), the price of cryptocurrency fell to $390 (€303). After floating at a mark of $400, the price then recovered to a value of $421.42. The price of digital bitcoin has been on a downward trend since [...]

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in The Bitcoin News

Bitcoin Startups: Bitok.com

Bitcoin Startups: Bitok.com

20 September 2014

In a constant search for solutions allowing to make transactions with Bitcoin easy and quick, Bitcoin startups are emerging unbelievably fast. One of them, Bitok.com, a new cryptocurrency market exchange, is on our Bitcoin startups category today. What is Bitok.com? Bitok.com is a market for trading fiat money, digital currencies, and [...]

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in The Bitcoin News

Price-of-bitcoin

Price of Bitcoin has been Heading South, Time to Hit the Panic Button?

20 September 2014

In the world of bitcoin, it is not uncommon to witness sudden price fluctuations. Fluxes averaging less than $30 can be linked to large shareholders of the cyrptocurrency having a hand in it (read manipulation). However, when the price goes beyond $30 in a short timespan, normally there are outside forces such [...]

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in The Bitcoin News

Bitcoin-debit-card

Swiping Bitcoin? Australian Firm Looking to Introduce First Bitcoin Debit Card

20 September 2014

Where do I spend bitcoin? This perturbing question is one a huge chunk of people are asking themselves and is one of the reasons many have their reservations about the digital currency. However, if attempts by one Australian-based company are successful, the bitcoin market is likely to witness a huge surge, and you [...]

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in The Bitcoin News


Apple’s Use of Tokenization for Encryption

20 September 2014

One small step for Apple… There are moments when technologies break into popular discussion. Often it takes a big company incorporating something new into a product launch. Using their brand and their voice, they introduce the world to a concept that technologists have known about for years. Apple did that last week. They may, in fact, have done it a few times [...]

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in The Bitcoin News

callebitcoin

#CALLEBITCOIN. BITCOIN IS OUT ON THE STREET!

20 September 2014

Serrano Street – Calle Serrano – a shopping boulevard crossing Madrid that features prestigious international brands like Chanel, Prada and national ones like El Corte Ingles, has been making headlines thanks to the #callebitcoin project. The project aims to turn this street into a resource for Bitcoin users, and hopes to then see the experience replicated in other Spanish cities, setting [...]

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in The Bitcoin News

The Spirit of CoinFest

20 September 2014

When I first started organizing CoinFest, I never imagined what it would become. It used to be just a simple gathering of less than 100 Bitcoiners at Vancouver’s famous Wave Coffee House, come together to celebrate the love of cryptocurrency. Not long after, the team behind CoinTrader brought the world’s first Bitcoin ATM to the scene, and CoinFest gradually expanded [...]

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in The Bitcoin News

shavers2

Judge Hits Bitcoin Operator with $40 Million Fine

20 September 2014

A Texas federal judge has ordered Bitcoin operator Trendon Shavers to pay a $40 million dollar fine after the Securities and Exchange Commission established that his company, Bitcoin Savings Trust, was nothing more than a Ponzi scheme. In yesterday’s decision, US magistrate Judge Amos Mazzant said Shavers “knowingly and intentionally” operated his [...]

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in The Bitcoin News

Bitcoin Analysis: Mid-Week Update (Don’t Panic!)

20 September 2014

Quick Review The usual weekly series will still be out this weekend, but movements over the last few days warranted some attention. In last week’s post we were clearly bearish with an expectation that prices would drop to US$440-450 area and then if US$440 was not able to support the price it was clear sailing to US$360-380. As hindsight is always [...]

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in The Bitcoin News

Gavin Andresen Signing Five ‘Hunt For Satoshi’ Comics In Memory of Hal Finney

20 September 2014

Last week, we told you about the Bitcoin themed comic book currently funding on Swarm. Its working title is The Hunt For Satoshi and it is the first project launched on the Swarm discounting the platform’s own crowdsale. So, why are we bringing it up again? Because the creator has announced that Bitcoin’s number two guy (after Satoshi himself)  will be signing five copies and giving [...]

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in The Bitcoin News

detroitbitcoincenter

Bitcoin Valley – Detroit Edition

20 September 2014

Detroit has had its share of hardships in the last century, but now it has found itself home to the Detroit Bitcoin Center (DBC). Detroit Bitcoin Center Daniel Bloch, a co-founder of the College Crypto-currency Network (CCN), and a DBC initiative leader or, as he likes to say, the “Chief Inspiration Officer” remarks that the DBC is destined to become the [...]

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in The Bitcoin News

Hunt_Satoshi_Cover_Bitcoinist_Interview_ph1

Interview with Alex Preukschat Bitcoin Comic director and creator of “Bitcoin: The hunt for Satoshi” Comic Book

20 September 2014

These days, a growing number of Startups and projects related to crypto currencies are popping up at large scale. Some of these projects are heavily directed to the bitcoin community while others are innovative projects simply trying to use and develop the potential of the bitcoin protocol technology and decentralized applications, turning them into real businesses enterprises. Alex Preukschat is a [...]

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in The Bitcoin News

MAT Excalibur delivery starts 26.09.2014

20 September 2014

Dear customers, After a delay of a few weeks we can announce that shipping for our first customers will start on 26.09.2014! We will ship in weekly or two weekly shipments for Batch 1 customers. All customers will get updates when their miners are being shipped. Tracking numbers will be send to your E-mail address. Goodwill will be offered and is being [...]

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in Bitcoin PR

CoinAgenda conference in Las Vegas first investor-focused event

20 September 2014

Las Vegas Skyline Next month, CoinAgenda will debut the first conference dedicated solely to Bitcoin and virtual currency investors. Taking place October 7 to 9 at the Palms Casino and Resort in Las Vegas, CoinAgenda is broken into two events. The main CoinAgenda conference features two days of keynotes and specialized sessions on [...]

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in The Bitcoin News


Discus Fish

How Discus Fish Became China’s Largest Bitcoin Mining Pool

19 September 2014

Mining pools serve a crucial yet relatively mundane role in the mining process by providing a focal point for hashing power and enabling small-scale miners to collaborate with others. If bitcoin mining is a competitive sport that pits miners against each other to discover new blocks and generate more bitcoins, then mining [...]

Read more

in BREAKING NEWS

Huobi Launches BitYes, an USD-based Platform for Trading Bitcoin and Litecoin

19 September 2014

Chinese bitcoin exchange platform Huobi has released new USD-based service, called BitYes, enabling users to trade litecoin and bitcoin. The company made an announcement while celebrating its first anniversary in Beijing on Saturday. The service, with a 24/7 English customer support, will be available for users through such social networks, as Reddit, Twitter and Facebook. Besides, BitYes will feature a premium [...]

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in The Bitcoin News

[Live Video Stream] SF Bitcoin meetup at Geekdom

19 September 2014

Get Top Stories Weekly Read more ... Bitcoin Magazine

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in The Bitcoin News

The Case for Bitcoin in Bangladesh

19 September 2014

Via International remittances are a major contributor to the Bangladeshi economy. As of June 2013, the World Bank reported Bangladesh to be one of the largest recipients of reported remittances at almost $14.5 billion. In a country like Bangladesh, where “one half of remittance receiving households are female headed with a very low level of education” but 96.4% of them own [...]

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in The Bitcoin News

Bitcoin Foundation Bangladesh Suspends Operations

19 September 2014

The Bitcoin Foundation has issued a new statement suggesting that bitcoin and digital currency transactions are not illegal in Bangladesh, despite previous reports. However, citing general uncertainty surrounding this week’s statements from the Bangladesh Bank, the Bitcoin Foundation Bangladesh, the organisation’s first Asia-based affiliate, will suspend operations. In a post entitled “The Case for Bitcoin in Bangladesh“, executive director Jon Matonis attacked the [...]

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in BREAKING NEWS

An Interview With Bitcoin Solutions’ Adam O’Brien

19 September 2014

Are you involved in any other cryptocurrency related ventures? Bitcoin Solutions as a whole aims to make Bitcoin accessible and understood. We own and operate a few Bitcoin ATMs across Western Canada as well as doing in person brokering. We also offer in house consultations either face to face or through online methods such as Skype and Google Hangouts. Just today, I [...]

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in The Bitcoin News

gtx-980-ccminer

Crypto Mining Performance of the New Nvidia GeForce GTX 980

19 September 2014

Crypto Mining Performance of the New Nvidia GeForce GTX 980 Posted on 19 September 2014. Tags: Crypto Mining Nvidia has just introduced their new high-end Maxwell-based GPUs the GTX 980 and GTX 970 and the expectations from them in terms of performance for crypto mining are pretty high. After earlier this year we saw [...]

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in The Bitcoin News

BitPay Cofounder Tony Gallippi Talking Bitcoin & Bitcoin Bowl on Bay News 9

19 September 2014

BitPay, Published on Sep 18, 2014 Read more ... The Bitcoin Channel

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in The Bitcoin News

Bitcoin Ponzi Scheme Perpetrator Fined $40 Million

19 September 2014

A Texas man charged with defrauding consumers through an illicit investment vehicle has been ordered to pay more than $40m in fines by a federal judge. The Thursday ruling brought to close a case launched last July that drew headlines at a time when many in the mainstream US media were only first learning about bitcoin and its related technology. Trendon Shavers, [...]

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in BREAKING NEWS

Foundation "Reinforcement" Coin Center Launches with US$1million budget

19 September 2014

A new advocacy group seeking to be the great mediator in the world of Bitcoin regulation officially launched yesterday – but what could this really mean for the currency? The unveiling of long-time Bitcoin advocator Jerry Brito’s Coin Center has already received a fair few accolades. Dubbed by Brito as “an organization that can be a trusted and credible source of [...]

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in The Bitcoin News


Top 10 Nations in Bitcoin Merchant Adoption

19 September 2014

Undoubtedly, Bitcoin can be called the world’s first truly global currency that has the potential to reduce friction and complement global e-commerce and the Internet age. But while Bitcoin can be used by almost everyone to buy almost anything online, we were interested in discovering which countries are the most accommodating when it comes to locations where people can spend [...]

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in The Bitcoin News

What’s Driving The Bitcoin Price Decrease?

19 September 2014

The Bitcoin price continues to drop this week, hitting a low of 403.59 as of this writing. While previous price drops were easier to attach to negative events, such as the collapse of Mt. Gox, this latest collapse comes amid a season of relatively good news in the Bitcoin world. While Russia’s threat to ban Bitcoin may trouble some, and the threat [...]

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in The Bitcoin News

Dogecoin Community Saddened To Learn Of The Death Of Dogecoinball Creator Carlishio2

19 September 2014

The Dogecoin community faces a sad day as one of their own, carlishio2, took his own life after a long battle with depression. Carlishio2, whose real name was Carlos, was best known in the Dogecoin community for creating the Dogecoinball comics which were popular on the Dogecoin subreddit, /r/dogecoin. Remember Carlos The Dogecoin community has rallied to honour Carlos. The banner on /r/dogecoin [...]

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in The Bitcoin News

Top 5 Reasons why Bitcoins beat Dollars

19 September 2014

Here I will reveal the top 5 reasons why bitcoins beat dollars, both now, and in the future. For the sake of brevity, I limited this list to the top 5, but may not be limited to these five alone. The dollar certainly has it’s own inherent advantages, but it will prove fleeting in nature in the coming years, whereas [...]

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in The Bitcoin News

CoinTerra Unveils AIRE Miner, the World’s First 16nm Bitcoin ASIC

19 September 2014

AUSTIN, Texas – 09/18/2014. At an expected performance per watt of 5x the current generation miners, the 16nm ASIC based AIRE Miner is now available for limited time pre-order with expected delivery in Q1 2015. After a successful launch of TerraMiner IV Bitcoin Miner in January 2014, CoinTerra is now accepting pre-orders for their next generation of Bitcoin Miner, the revolutionary [...]

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in The Bitcoin News

bitcoin 9/19

Bitcoin Falls Below 400 and Litecoin Stalls at 4.00

19 September 2014

Bitcoin in Bearish Continuation after the FOMC Event Bitcoin is continuing a downtrend that accelerated this week. The 4H chart shows a market that has been sliding, holding below the 200-, 100-, and 50-period SMAs for the most part. The 4H RSI also held below 60 showing persistent bearish momentum. Bitcoin started the week coming of a sideways market in the previous [...]

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in The Bitcoin News

EU Commission, Brussels

Bitcoin Foundation Hires Regulatory Expert for EU Policy Push

19 September 2014

The Bitcoin Foundation has been ramping up its lobbying efforts in the US since July, most notably with the hiring of Washington, DC-based firm Thorsen French Advocacy. Now, the organisation is making a similar push to promote the digital currency in Europe. The foundation announced today that it has retained regulatory expert Monica Monaco to directly promote the [...]

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in BREAKING NEWS

XCurrency Enhances Privacy: Trustless Ad Hoc Mesh Networking

19 September 2014

Following an announcement earlier this week regarding Xmixer which would enable trustless mixing for XCurrency, some good news has been shared by the development team over at XCurrency. Much time has passed, and finally, XCurrency has released the final component of its privacy-centric payments solution: trustless ad hoc mesh networking. It is a single protocol such as the bitcoin blockchain, and [...]

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in The Bitcoin News

Op-Ed: Roger Ver’s Bitcoin Bounty Hunter is Misguided and Dangerous

19 September 2014

On Wednesday, Roger Ver announced the launch of a new project, BitcoinBountyHunter.com, a site that rewards people with anonymous bitcoin bounties if they can prove they have submitted evidence that leads to the conviction of wanted criminals. The wanted criminals the site lists so far are: Whoever hacked into Ver’s email account Whoever hacked into Satoshi Nakamoto’s email account (possibly the same person [...]

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in The Bitcoin News

US Regulators Approve Bitcoin Derivatives

19 September 2014

The current trend towards crypto derivatives continues as the United States Commodities Futures Trading Commission (CFTC) approves a Bitcoin derivative by TerraExchange. Investors will now be able to buy and list Bitcoin swap contracts on the exchange. No actual Bitcoins will be traded however; instead the contracts will simply derive a dollar value from the Bitcoin list-price. What is a swap? A swap [...]

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in The Bitcoin News


Bitcoin Price Goes Down? Good!

19 September 2014

Everyone and his dog are worried about the ongoing decline in the value of Bitcoin, but I am here to tell you that 1) This is good, and 2) The trend will eventually reverse. There are punctual events that tend to drive the value of Bitcoin down, and perhaps today’s Alibaba IPO is one. But I think there may be a [...]

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in The Bitcoin News

A Little Altcoin Sanity: XCurrency

19 September 2014

XCurrency, ticker XC, is a coin that showed up around five months ago with some pretty startling claims about itself. Since then, the creators have gone on to make it into one of the top coins priding itself on anonymity, while also making a name for themselves by running code [...]

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in The Bitcoin News

Bitcoin Has Crashed For The Last Few Months

Bitcoin Is On Sale As It Dips Below $400

19 September 2014

Bitcoin has been trending down in price for the last few months. In the last 24 hours the price of BTC has dipped below $400. Is it time to panic or is it time to double down? That decision depends on your feelings about the long-term potential of Bitcoin.

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in CryptoNews

man question

Study: Illicit Goods Use, Age and Politics Predict Bitcoin Holdings

19 September 2014

If you’re in your 30s, love to shop on Silk Road 2.0 and live outside the US, then chances are, you’re a pretty big bitcoin user. That’s what a new study delving into the profile of bitcoiners has found. The study, titled ‘Who Uses Bitcoin? An Exploration of the Bitcoin Community‘ is by [...]

Read more

in BREAKING NEWS

Googleplus share

Bitcoin Falls Sharply Below 400; Litecoin Dips to 4.00

19 September 2014

Cryptocurrencies bitcoin and litecoin have been sliding sharply this week, especially after the FOMC statement and press conference on Wednesday (9/17). Their respective 2014-lows are in sight. Let’s take a look at this week’s major sell-off. Bitcoin price [...]

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in Litecoin

Luxembourg Startup CoinPlus Will Soon Face Regulators

19 September 2014

Luxembourg-based Bitcoin startup CoinPlus raises €172,500 in a first round of funding, and waits to meet with Luxembourg’s financial regulator at the end of September. In a press release, CoinPlus CEO Christian Bodt, said there was still a long way to go, but remains optimistic. He added that an additional funding round was planned to occur before the end of the [...]

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in The Bitcoin News

Bitcoin Price Declines Further and No Independent Scotland

19 September 2014

The Bitcoin price struck the primary target at $412 during Thursday’s US trading session. Technical analysis considers the potential paths for the Bitcoin price from current levels. Bitcoin Technical Analysis Yesterday’s low printed as follows: Bitstamp: $407.94 BitFinex: $408.80 BTC-e: $400.23 BTC-China: 2,516 CNY Weekly Bitcoin Price Chart Looking at the long-term weekly Bitstamp chart, it seems like the decline could simply continue dropping toward zero. However, look [...]

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in The Bitcoin News

OKCoin homepage

OKCoin Introduces Multiple Balances for Trading Flexibility

19 September 2014

OKCoin yesterday added a new ‘margin management’ system to its recently launched Futures trading platform, allowing multiple margin balances for a trader’s different positions. Margin management replaces a previous system which allowed only a single margin balance for all positions held. This meant that gains and losses of individual positions had the [...]

Read more

in BREAKING NEWS

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