• With cryptocurrency adoption rapidly rising, more and more companies and institutions are offering Bitcoin and blockchain services.  Austrian Post Office and Bitpanda partnership In a new report, the Austrian post office, and the Bitcoin exchange Bitpanda partnered up together to offer Bitcoin, litecoin, ethereum and dash at 1,800 post branches all over Austria. Thanks to this partnership, customers will be able to safely and easily buy various cryptocurrencies with euros at all post branches in Austria.

    You Can Now Buy Bitcoin at 1,800 Post Offices Locations All Over Austria

    | 2017/07/12 6:00 am
  • Latvian automotive company Dartz announced that they plan to debut their new Black Alligator SUV at the 2017 Gumball 3000 rally in Riga, Latvia and that they will only be accepting Bitcoin or Ethereum as payment. The company’s move to sell the luxury SUV for Bitcoin and Ethereum seems to be a first for cryptocurrency, which has previously been accepted in the luxury market more in regards to property than the automotive industry. Hopefully, the

    Dartz Debuts New Black Alligator SUV, Only Accepts Bitcoin and Ethereum

    | 2017/07/05 3:00 pm
  • A pre-school in New York has confirmed that 10 families are paying for their child’s $31,000 tuition fees using Bitcoin. The High Cost of Education – A Great Opportunity For Bitcoin “The Montessori,”  a chain of pre-schools in New York  have confirmed that at least 10 families are either paying for tuition with Bitcoin or looking to pay for their child’s tuition with the cryptocurrency. Montessori is a educational method developed by Italian physician and educator Maria Montessori. It has

    New York’s Elite Are Paying Their Kids Tuition in Bitcoin

    | 2017/07/04 11:00 am
  • With Bitcoin gaining traction worldwide, charities have been seeing donations of the alternate currency skyrocket in recent years. Its use aims to streamline and cut costs for people trying to fund causes they care about. Charity Begins…With Bitcoin? As with all new technologies, Bitcoin’s rise in both price and adoption rate is causing industries to find niche uses for cryptocurrencies in ways previously unthought of. One of these niches is charitable giving. Charities around the

    More Donors Give Bitcoin and Noncash Assets to Charities Than Actual Cash

    | 2017/07/03 2:30 pm
  • Telecommunications giant AT&T was recently awarded a patent for a Bitcoin-based “Decentralized and distributed secure home subscriber server device.” AT&T’s Bitcoin-Based Subscriber Server In the midst of the current Bitcoin frenzy, where regular users and traditional investors are looking at it as a safe haven investment or a cheaper payment method, some companies are realizing the value in its underlying technology and the applications that can be built on it. This is the case with telecommunications

    AT&T Patents Bitcoin-Based Subscriber Server

    | 2017/06/08 8:00 am
  • Bitcoin price has gained in value for 8 consecutive weeks, reaching all-time highs around the world as it nears the $3,000 mark. Moreover, BTC price has already broken the  20,000 CNY milestone.  Vertigo Inducing Rise It has been an amazing ascent for Bitcoin as it continues to defy critics, reaching its 8th consecutive rise in so many weeks. This latest bull run shows little sign of stopping and many fear it is a bubble waiting to

    Bitcoin Price Hits New All-Time High, Nearing $3,000

    | 2017/06/06 8:00 am
  • UK’s most popular investment platform, Hargreaves Lansdown, will soon allow its clients to invest in Bitcoin. Hargreaves Lansdown Hargreaves Lansdown, the administer £70bn of investor money with 876,000 clients, has announced it will allow customers access to invest in Bitcoin. “By adding self-service, online dealing, the team at Hargreaves Lansdown is providing UK investors with professional and quick access to bitcoin in the UK and greater Europe,”  Ryan Radloff, XBT’s head of investor relations told the Telegraph. This follows the recent

    UK’s Most Popular Investment Platform to Offer Bitcoin

    | 2017/06/01 8:30 am
  • As Bitcoin continues to break new price records, people in cities around the globe are turning to the internet to find out more. Bitcoin Trending Worldwide As Bitcoin continues to rally, this time nearing the $2,300 mark, its worldwide popularity has become undeniable. With over $36 Billion in market capitalization Bitcoin is slowly walking towards mainstream adoption, a long and arduous journey that began more than eight years ago. Not only are millions of dollars pouring into

    These 10 Global Cities are Catching Bitcoin Fever

    | 2017/05/24 6:30 am
  • Peach Aviation Ltd has become the first Japanese airline to accept Bitcoin with the company citing recent changes to Bitcoin’s legal status in the country.  Japanese Airline Goes Bitcoin The discount airline has announced that it will accept the world’s most popular cyrptocurrency Bitcoin for tickets. One of the reasons for the move is to attract more customers from other part of Asia where Bitcoin is also taking off like China and South Korea. Customers can use

    Peach Becomes Japan’s First Airline to Accept Bitcoin

    | 2017/05/22 7:30 am
  • The rise in cryptocurrency is foretelling the future for online gambling. More and more internet-based casinos are accepting Bitcoin as a banking method. [Note: This is a guest article written by Anna Taylor]  The Growth of Bitcoin Online Casinos Bitcoin rose to prominence most spectacularly over the course of 2016, and this digital currency is continuing to augment its profile. It has recently started gaining more widespread acceptance as far as payment is concerned, and, although

    Why Online Casinos Are Increasingly Banking on Bitcoin

    | 2017/05/17 6:34 am
  • As Bitcoin grows in popularity, more use cases for the cryptocurrency pop up every day. This time, an Australia-based startup has created a service that allows citizens in the country to pay their household bills with Bitcoin. Paying Bills with Bitcoin Dubbed the Living Room of Satoshi, the Australian startup allows users to pay their bills with Bitcoin by entering the details of the payment, choosing a payment system (bank account or BPay) and sending

    24 Million Australians can now pay their bills with Bitcoin

    | 2017/05/08 4:00 pm
  • The Legends Room, a new strip club in Las Vegas, is reinventing the strip club experience by issuing its own cryptocurrency token, The Legends cryptocurrency (LGD). “Dance dollars have now gone digital” Dollar bills have since long been an iconic part of strip clubs. From “making it rain” to the simple dollar bill kindly tucked within an undergarment, paper money has long ruled the striptease scene. However, one strip club is willing to replace tradition

    Las Vegas Strip Club Issues Own Cryptocurrency Token

    | 2017/05/02 1:00 pm
  • Bitcoinist spoke with Landry Ntahe, head of operations at BCB ATM, a London-based Bitcoin ATM startup that currently holds the number two position by market share in the UK.  UK Bitcoin ATM Scene Today, BCB ATM has 16% of the Bitcoin ATM market share in the UK with seven locations in London where their Lamassu machines can be found. With an aggressive strategy of expansion to other UK cities and beyond, it’s planning to take over

    How One London Startup Plans to Conquer the Bitcoin ATM Industry

    | 2017/04/22 10:30 am
  • Bitcoin price now appears to be shrugging off politics that have split the community as it looks to test the critical $1,300 mark yet again. Key Resistance Level at $1,300 BTC price is again coming within striking distance of the critical $1,300 mark, currently sitting at $1,250 at press time.  Back on March 6, Bitcoin set the all-time closing high of $1,277 with a record-high spike of around $1,330 a few days later fueled by ETF hype before crashing

    7 Reasons Why BTC Price is Now Climbing to $1300

    | 2017/04/21 9:00 am
  • Bitcoin is gaining a lot traction in India. Bitcoinist spoke with Sunny Ray, co-founder of India’s Bitcoin exchange UnoCoin, to better understand what is fueling this growing trend in the country. Bitcoin Goes Mainstream in India Bitcoin is going places. After conquering China and catapulting it to the front line of Bitcoin’s trading and mining sector, it is now starting to get traction in other countries like Japan and South Korea. Now, Bitcoin is also showing signs of a

    Bitcoin is Booming in India as ‘Digital Gold’ Among Other Underlying Benefits

    | 2017/04/17 8:30 am
  • National cryptocurrencies will never be able to compete with Bitcoin because no one will trust a system that requires advance permission from and which is controlled by a government to use it.  [Note: This is an op-ed, edited by Allen Scott]  National Cryptocurrencies Will Never Be Global News is just in that the mint of a very important, historic sovereign nation has just hired a company in a separate nation to help it launch its own “Blockchain not

    Why National Cryptocurrencies Will Never Beat Bitcoin

    | 2017/04/14 2:00 pm
  • The latest data from Bitcoin remittance app Bitwala reveals a growing trend in Bitcoin adoption among citizens of developing countries. ‘Steep Adoption Rate’ Bitwala, a Bitcoin-based remittance app, shared some user statistics in its blog post yesterday in which we can see that Bitcoin is becoming increasingly popular in certain developing countries. The blog post reveals a “steep adoption rate” in developing countries both from Africa and Asia, the two continents with the highest number of unbanked citizens. Bitwala reveals that,

    Bitwala Sees ‘Steep’ Bitcoin Adoption in Developing Countries

    | 2017/04/13 8:30 am
  • Bitcoin payments may be accepted at over 260,000 stores in Japan by this summer following partnerships between the country’s Bitcoin exchanges and major retailers. Bic Camera to Trial Bitcoin Payments Japanese electronics chain Bic Camera has partnered with Tokyo-based bitFlyer, which runs the country’s largest bitcoin exchange that currently comprises about 10% of the Bitcoin market. This Friday, Bic Camera’s flagship shop in Tokyo’s Yurakucho district along with Bicqlo Bic Camera, a hybrid outlet with Uniqlo, will

    Japan: Bitcoin Payments Could See 260,000 Stores by Summer

    | 2017/04/05 5:00 am
  • Bitcoinist has compiled a list of ten VPN providers that will gladly offer you their services for your bitcoin.  Why VPN? One of the primary reasons for purchasing a VPN service is to keep your online activity private. It is ironic, then, that some still choose to buy their VPN service via a payment method tantamount to a suitcase filled with marked bills and a transponder — which, if you’ve ever seen No Country for Old

    10 VPN Services Providers That Accept Bitcoin

    | 2017/03/28 5:00 pm
  • A few Bitcoin ATMs have recently been spotted in a place not many expected: Russia. Bitcoinist spoke with the machines’ payment provider company to get the latest scoop on how the BTM business is taking root in the city of St. Petersburg. Fertile Ground? The first Bitcoin ATM is a one-way BTM from UK-based company Bitlish. It was quietly launched in late February and subtly placed next to a few Bank ATMs at a local business center on

    So What’s With The Bitcoin ATMs Popping Up in Russia?

    | 2017/03/27 2:00 pm
  • The list of non-mining companies that are standing against Bitcoin Unlimited’s hard fork intentions continues to grow. The established Bitcoin wallet provider Armory has provided its views and plans in such a circumstance. At a time where all of the top Bitcoin-related companies are picking sides and making contingency plans, Armory has sided with Bitcoin Core and has made it clear that they do not support Bitcoin Unlimited. In a release on GitHub, Bitcoin Armory

    Bitcoin Armory Latest To Oppose Bitcoin Unlimited Hard Fork

    | 2017/03/27 11:00 am
  • The Bitcoin community is not enjoying their weekend, thus far, as the Bitcoin price continues to fall as the week comes to a close. Bitcoin value approaches $900 USD as a major player speaks on the forking turmoil. Bitcoin Price Falls on Fork Fears According to CoinMarketCap, Bitcoin price has fallen almost $350 over the last ten days, after reaching a low on Saturday of $904. This volatility follows a February showing nothing but gains,

    Bitcoin Price Hits 60-Day Low as Hard Fork Fears Loom

    | 2017/03/25 11:00 am
  • Fintech startup POSaBIT is giving dispensaries a way to avoid handling large amounts of cash, enabling customers to buy cannabis via Bitcoin. Bitcoin Solves Cannabis Industry’s Biggest Problem Although cannabis has been legalized in Washington by state voters, banks are still being cautious about dealing with the Schedule I prohibited substance. That’s why pot stores in Washington State are typically cash-only with a few exceptions that allow the cashier to run the customer’s debit card through a cash register with a built-in ATM. However,

    Bitcoin Now an Option to Buy Legal Cannabis in Washington State

    | 2017/03/23 9:37 am