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Tag Archives: bitcoin

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Bitcoin Price analysis 30th November 2016

Bitcoin Price Hits a New $1000 high on Indian Exchanges Bitcoin was back on the headlines this week, reasserting itself as the asset of choice for Indians seeking a safe haven asset class. While on most days it’s China, this week demand peaked in India, where an official ban on 500 and 1000 rupee paper notes by Prime Minister Modi ... Read More »

UK Regulator Partners With Epiphyte to Test Bitcoin Remittances

Epiphyte, an instant settlement service provider, has secured a partnership with the UK to become the first to conduct FCA-regulated blockchain-based payments. The Financial Conduct Authority (FCA), a financial regulatory body of the UK which oversees all of the country’s financial markets, has authorized Epiphyte to launch a service called SpecialFX, via the FCA’s sandbox. Essentially, SpecialFX is expected to ... Read More »

Bitcoin news roundup, 26th November 2016

This week’s summary of various cryptocurrency news and developments: New developments: Two major banks leave R3 Blockchain Consortium This week, Goldman Sachs and major Spanish banking giant Banco Santander left the R3 Blockchain Consortium, without offering any clear motives to do so. According to CoinDesk, this may mean these banks want to pursue blockchain project development on their own, bypassing ... Read More »

Investors See Bitcoin as Gold 2.0 Amid Global Market Instability

Over the past few years, bitcoin solidated its title as “the global currency” by outperforming reserve currencies and assets worldwide. The rising value of bitcoin and its decentralized nature have led high profile investors and traders to consider bitcoin as a safe asset. Upon the election of Donald Trump, the price of bitcoin immediately surged amid global market instability. Australian ... Read More »

Bitcoin news roundup, 20th November 2016

This week’s summary of various cryptocurrency news and developments: New developments: The IRS is seeking records on Coinbase’s customers, who transacted between 2013 and 2015 In a surprise tax probe, the Internal Revenue Service (IRS) is attempting to obtain records help by Coinbase, a prominent company in the cryptocurrency world. The targets of the investigation are not directly named, but ... Read More »

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Bitcoin Price Analysis 15 November

Bitcoin Trades Higher on Trump Win This week the US Elections took centre stage globally. The shocking news of an imminent Trump election victory, rattled mainstream markets across the globe, sending investors into safe refuge assets beyond stocks and bonds. While the stock markets temporarily nosedived, Bitcoin and gold went up 3% to $740 and 4% to $1136 respectively, hours ... Read More »

Bitcoin news roundup 13th November 2016

This week’s summary of various cryptocurrency news and developments: New developments: DOJ looking to hire virtual currency legal experts Earlier this week CoinDesk reported the DOJ had a job posting going that was looking to hire virtual currency legal experts, The posting doesn’t specify digital currency knowledge is necessary, but it does involve ““knowledge of anti-money laundering and asset forfeiture ... Read More »

The Growing Use of Blockchain Technology Outside Bitcoin

Over the past few years it has become relatively apparent that bitcoin is not going away. Though rumors of its death are always greatly exaggerated, for a few years it seemed there was a real chance the whole idea may never catch on. The unshakeable association with illicit activities, wallet thefts, exchange heists and other bad press made bitcoin extremely ... Read More »

Two Belarussians Scammed In Personal Bitcoin Exchange

Two Belarussians who conducted a bitcoin exchange personally with a third person were scammed with 397,000 Euros. The two Belarussian citizens agreed to exchange their 500 BTC for 400,000 Euros in a pub named Lario located in Como, Italy. The bar was just in the city center where the two sellers and a third person met on Monday. When they ... Read More »

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Chinese Financial Regulations & SegWit Release Continue to Push Bitcoin Price

The adoption rate of Segregated Witness (Bitcoin Core 0.13.1 release) is rapidly growing and the demand for bitcoin from Chinese buyers and investors is gradually increasing. Experts predict this trend will allow bitcoin to reach $800 by the end of November. Although some developers and cryptocurrency enthusiasts suggest that Bitcoin Core releases and the team’s scaling solutions have a minimal ... Read More »

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How to use a Bitcoin Mixer: Coinmixer

Click here to see part 3: BitBlender Bitcoin mixers are quite popular and they will probably continue to be so even as new privacy solutions like Monero or Zcash come along. Coin tumblers provide a great service, but they should be used carefully. We want to show you how to use, not only Bitcoin mixer, but four. We want to ... Read More »

How Bitcoin Blockchain Can Revolutionize Academic Credential Verification

For companies, it is particularly difficult and time consuming to verify academic credentials and certificates of applicants. Chris Jagers, the CEO of Learning Machine believes the blockchain technology can permanently change the traditional method of verification utilized by most companies and educational institutions globally. One of the most controversial cases in the world of technology is the release of former ... Read More »

Bitcoin news roundup 6th of November 2016

This week’s summary of various cryptocurrency news and developments: New Developments New York faces licensing backlog while trying to become a bitcoin hub Since June 2015 virtual currency firms need a “BitLicense” to do business in New York City, in order for them to be able to legally hold and exchange virtual coins for fiat currencies. The license was a ... Read More »

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Bitcoin Price Analysis 3 November, 2016

This week, the price of bitcoin traded 19% higher month on month, after consolidating at $650, before an exponential rise to $740. Traders are acutely aware the infamous digital currency is closing in on its 2016 pre-halving high. Media coverage of bitcoin’s phenomenal rise continues to fueled excitement. Meanwhile, core developers will officially activate SegWit 0.13.1 soft fork option on ... Read More »