Advertisements

Do You Think They’ll Use the US Dollar on Mars?

The space age is shifting into a higher gear with extraordinary momentum. The US Congress recently directed NASA to prepare a plan for deep space exploration, which should include sending ...

Chinese Congresswoman: ‘PBOC Should be Responsible for Bitcoin AML’

More information on the developments in China have been coming out recently, concerning the new regulations of Chinese bitcoin exchanges. On March 9th, Wu Xiaolin, the former deputy governor of the ...

Popular Bitcoin Exchanges Reveal Controversial Hard Fork Contingency Plan

Over the past few days, the Bitcoin network scaling debate has been a viral topic as the community has begun deliberating the viability of a hard fork and a possible ...

Spotlight

Bitcoin Resilient After Chinese Exchanges Start Charging Transaction Fees

As the biggest Chinese exchanges announce the implementation of transaction fees, Bitcoin, ...

Norwegian Prosecutors Seek 120 Bitcoins in Court Restitutions

On March 10 Norwegian prosecutors have charged three men with online narcotics ...

One Bitcoin Worth More Than One Ounce of Gold for First Time

One bitcoin has now, at least briefly, been worth more than one ounce ...

Latest News

South Korea’s Central Bank Report Says ‘Bitcoin and Fiat Currency Can Coexist’

  South Korea’s Central Bank Researches the Relationship Between Bitcoin and Fiat Researchers from Seoul’s Hongik University and members of the Bank of Korea (BOK) have released a paper called “Crowding out in a Dual Currency Regime.” The paper written by Kihoon Hong, Kyounghoon Park, and Jongmin Yu details how cryptocurrencies and fiat monetary systems […]

Continue Reading

  A recent editorial published by Bloomberg on April 4 had quotes from the Philadelphia Federal Reserve’s Patrick Harker concerning digital currencies. In the article, he demonstrates his ignorance about bitcoin’s volatility, the future of banks, and the concept of trust.  The article’s author quotes Harker, saying that digital currencies will not replace banks. Harker said, “Digital […]

Continue Reading

Digital Currency Regulation Heats Up In The EU As Parliament Proposes Additional Rules

Europe is seeking to further tighten its grip on digital currencies including bitcoin. Previously, the European Commission has only proposed strict rules for digital currency exchange platforms and custodian wallet providers. Last week, the European Parliament proposed additional amendments meant to regulate digital currency businesses, adding a multitude of business categories, specifically disallowing anonymity. EU Legislative Process The […]

Continue Reading

Major Chinese Exchanges to Postpone the Return of Withdrawals

Today, all of the three major Chinese exchanges – OKCoin, Huobi and BTCC – announced that they will postpone the resuming of bitcoin withdrawals. All three of them have recently been inspected by the Central bank of China (PBoC). In almost identical announcements the exchanges stated they’ve actively been developing and upgrading their systems over the […]

Continue Reading

Cheapair.com Bitcoin Sales Soar 74% Over the Last 6 Months

Online travel website Cheapair.com announced on Thursday that its bitcoin sales have jumped 74 percent year-on-year over the last six months. 74% More Sales Paid with Bitcoin Headquartered in Calabasas, CA, Cheapair.com offers affordable airline tickets by scouring the web for the lowest prices using its proprietary algorithm. The travel website also offers hotel and […]

Continue Reading

Bitcoin Price on a Wild Ride as Market Anticipates ETF Decision

The Bitcoin market has been going crazy today in anticipation for the upcoming exchange traded fund (ETF) decision expected to be announced at any moment. During the early morning hours of February 10, the price per bitcoin hit an all-time high of US$1350. Following the brief spike the price has been volatile and dipped to […]

Continue Reading