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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 5:06 am

PayPal and Virtual Currency

Posted on 23 September 2014 | 9:52 pm

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin Trading Bots

There have been a wide variety of situations in which algorithmic trading programs have proven to be beneficial for investors. However, investors who only trade a cryptocurrency can also take advantage of bitcoin trading bots. Through bitcoin bot trading, traders can become more flexible and prompt, minimize errors and process information more rapidly. At this… Read More »

Posted on 8 November 2016 | 6:20 pm

Venezuelans Don't Believe in Bitcoin. They Need Bitcoin. - Reason (blog)


Venezuelans Don't Believe in Bitcoin. They Need Bitcoin.
Reason (blog)
A main gathering place for Venezuela's growing bitcoin community is a secret Facebook group started in 2013 by a young libertarian activist named Randy Brito. As I recounted in a feature story in the current issue of Reason magazine, "The Secret, ...

Posted on 8 December 2016 | 6:18 am

Bitcoin Price Watch; Upside Run! - newsBTC


newsBTC

Bitcoin Price Watch; Upside Run!
newsBTC
We're closing in on the end of the week, and it is time to start securing our bitcoin price takings with a view to ending the week on a net positive note. We've had a little bit of luck so far this week, getting in and out according to the rules of our ...

Posted on 8 December 2016 | 4:49 am

More Chinese Yuan Woes Paint A Positive Future For Bitcoin - newsBTC


newsBTC

More Chinese Yuan Woes Paint A Positive Future For Bitcoin
newsBTC
Such an uncertain future can push even more people to Bitcoin and cryptocurrency next year. China is not doing all that well in the financial department as of late. Further depreciation of the yuan is expected in the coming months, due to an imminent ...

Posted on 8 December 2016 | 3:02 am

Prosecutors Pay Bitcoin Ransom, Yet IRS Targets Coinbase Data - Forbes


Forbes

Prosecutors Pay Bitcoin Ransom, Yet IRS Targets Coinbase Data
Forbes
In the midst of the IRS's legal battle to uncover the identities of Bitcoin users, federal prosecutors have revealed that a state prosecutor's office had to battle for its own private information, also involving Bitcoin. Pennsylvania's Allegheny County ...

Posted on 8 December 2016 | 12:30 am

Demonetisation: Why Bitcoin is gaining currency in cashless times ... - Economic Times


Economic Times

Demonetisation: Why Bitcoin is gaining currency in cashless times ...
Economic Times
Bitcoin prices in India have remained firm in a tight upper range of Rs 59000-Rs 61000 apiece since the early days of demonetisation.
Our bitcoin turnover is over Rs 500 crore, says Sandeep Goenka of ...Zee Business

all 2 news articles »

Posted on 7 December 2016 | 8:16 pm

Cash Still Trumps Mobile Payments and Bitcoin in Africa - Bitcoin Magazine


Bitcoin Magazine

Cash Still Trumps Mobile Payments and Bitcoin in Africa
Bitcoin Magazine
Africa's affinity for mobile money is one of the main reasons why many members of the Bitcoin community believe that the region is fertile ground for bitcoin adoption, especially to meet the needs of the large underbanked population that often relies ...

and more »

Posted on 7 December 2016 | 3:08 pm

Why the Bitcoin Community and Governments Should Bury the Hatchet - CoinTelegraph


CoinTelegraph

Why the Bitcoin Community and Governments Should Bury the Hatchet
CoinTelegraph
Jonathan Chester, the president of Bitwage, believes that with regards to Bitcoin adoption, the power ultimately lies with the people and not the government. Chester believes that relying on the government to achieve adoption may be like waiting for a ...

Posted on 7 December 2016 | 10:58 am

Bitcoin Is Expected to Surge 165% Thanks to Donald Trump - Fortune


Fortune

Bitcoin Is Expected to Surge 165% Thanks to Donald Trump
Fortune
Now, the digital currency could ramp up another 165% over the course of 2017 thanks to Donald Trump's “spending binge,” Denmark-based Saxo Bank wrote in a report titled “Outrageous Predictions for 2017.” The bank says Bitcoin could hit over $2,100.
Bitcoin Values Could Triple Under Donald TrumpMoney Magazine
Bitcoin predicted to rise 165% to $2000 in 2017 driven by Trump's 'spending binge' and dollar rallyCNBC
Bitcoin Price Could Triple in 2017, Saxo Bank Says in 'Outrageous' PredictionCoinDesk
newsBTC -CryptoCoinsNews -CalvinAyre.com
all 21 news articles »

Posted on 7 December 2016 | 9:28 am

Why This Well-Funded Startup Just Gave Up on Bitcoin - Fortune


Fortune

Why This Well-Funded Startup Just Gave Up on Bitcoin
Fortune
Now, Circle is bailing on bitcoin altogether. The company announced on Wednesday it is focusing on other things, and that its bitcoin customers can cash out or else transfer their accounts to another company, Coinbase, if they wish to keep buying and ...
Payments start-up Circle moves away from bitcoin businessReuters
Bitcoin Powerhouse Will Pull the Plug on BitcoinWall Street Journal
Circle removes ability to buy and sell Bitcoin as it doubles down on mobile paymentsTechCrunch
CoinDesk -CoinTelegraph -American Banker -The Circle Blog
all 17 news articles »

Posted on 7 December 2016 | 7:46 am

Mizuho Bank Weighs Digital Currency Services Offering

Mizuho Bank is weighing possible client-facing services after testing a prototype digital currency in partnership with IBM Japan.

Source

Posted on 8 December 2016 | 6:07 am

Bitcoin's Price is Inching Back Up Toward its 2016 High

Bitcoin prices moved back toward annual highs on 7th December, coming within 2% of the $781.31 it reached in June 2016.

Source

Posted on 8 December 2016 | 5:00 am

What the Blockchain Industry is Saying About Circle's Bitcoin Shift

Industry observers, startup execs and researchers weigh in on Circle's shift away from its bitcoin exchange service.

Source

Posted on 7 December 2016 | 3:15 pm

Chain Reveals 'Ivy' Smart Contract Language in First Public Demo

Venture-backed startup Chain gives first ever public demo of its Ivy smart contract language.

Source

Posted on 7 December 2016 | 12:45 pm

Bitcoin Price Could Triple in 2017, Saxo Bank Says in 'Outrageous' Prediction

Danish investment bank Saxobank has an “outrageous” prediction for 2017: the price of bitcoin could triple.

Source

Posted on 7 December 2016 | 7:28 am

Circle Cuts Bitcoin Buying and Selling in Product Pivot

Circle Internet Financial has announced it will no longer allow customers to buy and sell bitcoin.

Source

Posted on 7 December 2016 | 5:28 am

Zcash Price Continues Downward Spiral Below $50

Zcash (ZEC) prices fell below $50 for the first time ever on 6th December, less than two months after the token's launch.

Source

Posted on 7 December 2016 | 4:54 am

'Big Four' Firm Deloitte Invests in First Blockchain Startup

Professional services firm Deloitte invested in its first blockchain startup today, revealing it is backing SETL.

Source

Posted on 6 December 2016 | 6:08 pm

ECB, Bank of Japan Launch Joint Distributed Ledger Research Effort

The European Central Bank is weighing the use of distributed ledger tech in partnership with Japan’s central bank.

Source

Posted on 6 December 2016 | 3:47 pm

Russia's Controversial Bitcoin Bill Could See Further Delays

Russia’s finance ministry is reportedly looking to introduce a bill regulating cryptocurrency sometime next year.

Source

Posted on 6 December 2016 | 11:52 am

Austria's Erste Bank Awards Ethereum Projects in Startup Contest

Two ethereum projects won plaudits at a recent startup contest sponsored by Austria-based Erste Bank.

Source

Posted on 6 December 2016 | 10:21 am

Donald Trump's Transition is a Trial Run for Smart Contracts

With the incoming president hinting that he will deregulate many industries, how can blockchain devs stop their code being trapped in the past?

Source

Posted on 6 December 2016 | 8:00 am

Overstock Faces Investor Hurdles Ahead of Blockchain Stock Sale

Overstock is lending a hand to broker-dealers as it inches closer to its blockchain-powered stock issuance.

Source

Posted on 6 December 2016 | 7:00 am

BNY Mellon Shakes Up Treasury Unit for Blockchain Focus

BNY Mellon’s treasury unit has organized a new innovation group aimed at investigating and testing new technologies like blockchain.

Source

Posted on 6 December 2016 | 6:06 am

Why I'm Taking Bitcoin Profits Amid Potential Price Resistance

Analyst Tuur Demeester discusses his recent bitcoin trading strategy in light of recent price resistance.

Source

Posted on 6 December 2016 | 4:58 am

Ethereum's Woes Continue as Price Sinks to 9-Month Low

Ether (ETH) prices fell to a nine-month low on 5th December, extending losses suffered in recent weeks.

Source

Posted on 5 December 2016 | 3:00 pm

New OCC Charter Could Give Bitcoin Exchanges Special Bank Status

New regulation proposed by the US OCC could give bitcoin exchanges and other fintech companies the ability to apply for a new charter.

Source

Posted on 5 December 2016 | 1:48 pm

Cash Still Trumps Mobile Payments and Bitcoin in Africa

According to the World Bank’s Global Financial Inclusion Index, Africa has the highest mobile money adoption rate in the world. Worldwide,...

The post Cash Still Trumps Mobile Payments and Bitcoin in Africa appeared first on Bitcoin Magazine.

Posted on

Global Banks and Financial Operators Using Stellar to Create a Global Payment Network

Stellar is announcing four new partnerships with financial institutions that will enable low cost global money transfers to the Philippines,...

The post Global Banks and Financial Operators Using Stellar to Create a Global Payment Network appeared first on Bitcoin Magazine.

Posted on

What to Do if Your Bitcoin Transaction Gets "Stuck"

The number of transactions on the Bitcoin network has steadily increased over the years. This means more blocks are filling up. And as not...

The post What to Do if Your Bitcoin Transaction Gets "Stuck" appeared first on Bitcoin Magazine.

Posted on

EU State-By-State Regulation of Bitcoin, Digital Currencies: What Are the Implications?

The European Commission’s recent decision to delay new anti-money laundering legislation by six-months is the latest in a string of new...

The post EU State-By-State Regulation of Bitcoin, Digital Currencies: What Are the Implications? appeared first on Bitcoin Magazine.

Posted on

Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement

Today, in a breaking development, Ross Ulbricht’s defense team has revealed that on November 18, 2013, someone logged into accounts on the...

The post Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement appeared first on Bitcoin Magazine.

Posted on

Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain

Symbiont, a blockchain company developing a smart contract platform for institutional applications of distributed ledger technology, has...

The post Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain appeared first on Bitcoin Magazine.

Posted on

Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue

The price of bitcoin in China surpassed two-year highs on leading Chinese exchanges today, as Chinese investors continue to seek safe...

The post Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue appeared first on Bitcoin Magazine.

Posted on

Hyperledger Project Hits 100 Members With Addition of China's SinoLending, Gingkoo, ZhongChao

Hyperledger Project, an open source blockchain initiative hosted by the Linux Foundation, has hit a major milestone of 100 active members....

The post Hyperledger Project Hits 100 Members With Addition of China's SinoLending, Gingkoo, ZhongChao appeared first on Bitcoin Magazine.

Posted on

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