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Archive | March, 2017

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 […]

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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 People’s Bank of China (PBOC) and congresswoman for the National People’s Congress, told a local reporter the central bank should be responsible for these types […]

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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 […]

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Bitcoin Mining: A Closer Look Under the Hood

Bitcoin mining is an integral part of the cryptocurrency’s infrastructure. The operation helps process transactions, creates new bitcoins and submits the validated transactions to the publicized and immutable distributed ledger. Currently, the network’s hashrate is running at a phenomenal 3,418,031,852 GH/s, strengthening the bitcoin architecture more so each and every day. But many newcomers hearing […]

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Deloitte Accepts Bitcoin at its Restaurant Due to ‘A Lot of Requests’

Deloitte Canada announced this week that its Toronto office’s internal restaurant called Bistro 1858 now accepts bitcoin. Bitcoin.com talked to Iliana Oris Valiente, ‎Strategy and Execution Lead and co-founder at Rubix by Deloitte, to find out the reason behind this decision and how much interest in Bitcoin the firm is seeing. Most Visible Private Restaurant Bistro […]

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Online Wallet Coinbase Will Not Pay For On-Chain Fees, Forwards Cost to Customers

Over the course of the past six months, bitcoin miner fees have spiked significantly causing on-chain transactions over the network to be more expensive. Last week Bitcoin.com reported on Bitpay raising the cost of the company’s invoice rates to cover miner fees. Now Coinbase has announced their service will discontinue paying network fees and the […]

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