• Crypto isn’t currency — at least, according to American multinational banking and financial services holding company JPMorgan Chase & Co. Missing the Point JPMorgan, a New York-based institution with a history that is far from pro-crypto, claimed in a wide-ranging note to clients that cryptocurrencies only make sense as a hedge in one’s investment portfolio — and are neither viable stores of value nor effective currencies. Wrote the company: The huge volatility of the price

    JPMorgan Misses the Point, Says Crypto Isn’t Currency

    | 2018/02/18 3:45 am
  • Since getting crypto rich has become a bit of a thing in recent times, some select properties have gone up for sale while accepting Bitcoin — the dominant cryptocurrency — as a form of payment. Now, two properties have hit the market in San Diego, with price tags that redefine what it means to be ballin’ on Bitcoin. Bitcoin mansions in San Diego, USA Canter Companies, San Diego’s leading financial and advisory investment firm, has

    Multi-Million Dollar Properties Are Selling for Bitcoin in San Diego

    | 2018/02/16 4:00 pm
  • Some financial institutions are claiming that a lack of demand from clients, coupled with a drought of important use cases, is holding Bitcoin and other cryptocurrencies back. Where’s the Demand? If you want to start actually using Bitcoin and other cryptocurrencies, says JPMorgan Chase & Co., you need to start asking. According to Bill Clerico, CEO of JPMorgan-owned WePay, his company simply isn’t receiving enough requests to justify supporting cryptocurrency transactions. Clerico also adds that

    JPMorgan’s WePay: Crypto Lacks Demand, Needs ‘Killer Use Case’

    | 2018/02/16 6:30 am
  • While governments worldwide drag their feet and argue over cryptocurrency legislation, various states in the US are vying to become the blockchain capitol of the country. Arizona aims to allow state taxpayers the ability to pay their fair share with Bitcoin, while Tennessee looks to officially legitimize cryptocurrency purchases by making them legal on paper. Now, Wyoming is throwing its hat into the ring, with four blockchain boosting pieces of legislation up for consideration. Blockchain

    Wyoming Welcomes Bitcoin Industry with Blockchain-Friendly Bills

    | 2018/02/15 6:30 pm
  • As cryptocurrency becomes more accepted, more and more political campaigns are happy to accept Bitcoin donations to fuel their run for office. They say that politics make strange bedfellows. However, one thing in politics is easily understood by every politician and political party: money. While it’s nice to dream that good intentions and the desire to do public service are the driving forces behind politics, the reality is that it’s money, and lots of it.

    Political Bitcoin Donations are Gaining Traction

    | 2018/02/12 5:00 am
  • The most popular courses on campuses in the U.S. and across the globe are on Bitcoin and its blockchain technology. In parallel, educational institutions are creating innovative ways to attract the brightest students. For example, Varna University of Management offers Bitcoin scholarships. Bitcoin’s Technology Captivates Academia Student demand for courses on Bitcoin and its underlying technology, the blockchain, is putting elite U.S. universities under pressure. Students from all disciplines are rushing to sign up for

    University Students Rush to Take Cryptocurrency and Blockchain Courses

    | 2018/02/11 4:30 pm
  • Investor Robert Herjavec of Shark Tank fame is a big proponent of cryptocurrency, predicting that it will eventually replace cash. One thing you can say about the principals on Shark Tank, it’s that they are pretty bold in going after what they want. Investor and cybersecurity expert Robert Herjavec is also not shy on where he thinks cryptocurrency will go in the future. He recently told MONEY that we’ll see cryptocurrency eventually chase away the

    Shark Tank’s Robert Herjavec: ‘Cryptocurrency is the Future’

    | 2018/02/09 9:30 am
  • Sometimes it can feel as though everyone in the banking establishment hates us. But before we go and eat worms, let’s cast our eye over this very even-handed assessment of Bitcoin from an analyst at Deutsche Bank. (in German). Opinions, Myths, and Misunderstandings In a paper published last week, DB analyst Jochen Möbert cut straight through some of the key myths surrounding Bitcoin. But before we try to take the moral high-ground, we have to accept that rhetoric

    Deutsche Bank Sends in the Bitcoin FUD-busters

    | 2018/02/08 9:00 pm
  • As Bitcoin becomes more and more viable, states like Tennessee and Arizona are racing to pass cryptocurrency-friendly legislation in an effort to become the blockchain capital of the country. On the Books Bitcoin’s quest for legitimacy is set to be aided significantly by the state of Tennessee, which looks to officially accept electronic cryptocurrency payments for financial transactions. Though it is currently not illegal to conduct business transactions with Bitcoin in The Volunteer State, Democrat

    These US States Are Racing to Become the Country’s Crypto Capitol

    | 2018/02/08 3:00 pm
  • As Bitcoin continues to garner more and more mainstream attention, so too does its purchasing power continue to grow. Now, real estate brokers and developers are looking to get in on the action. Buying Your New Home with Bitcoin Sellers and developers around the world are starting to accept Bitcoin as a viable method of purchasing property, and now four new listings are available via the cryptocurrency in northwest Washington DC. As reported by The

    Four Washington DC Condos Up for Sale and You Can Pay with Bitcoin

    | 2018/02/08 1:00 pm
  • Continuing evidence of Bitcoin acceptance is fueling confusion about the true nature of the China cryptocurrency ban. Supercars On Sale For Bitcoin As major corporations make daring inroads to broadening acceptance this month despite a government pledge to end trading, smaller-scale endeavors are filtering through to western media. Thursday specifically saw Twitter-based news resource cnLedger reproduce photographs of a Chinese luxury car dealer in the city of Shenzhen which appear to show models on sale

    Silence Of The Lambos? China Offers Luxury Cars For Crypto Despite Trade Ban

    | 2018/02/08 7:00 am
  • Famous venture capitalist Tim Draper believes that Bitcoin and cryptocurrencies will eventually dominate the world.  Betting on Bitcoin Tim Draper was one the few venture capitalists that strongly believed in Bitcoin and cryptocurrencies before they became mainstream. According to a recent Forbes article, Tim Draper first thought about virtual currency 15 years ago while he was in South Korea. In 2014, the California-based investor was featured on several news sites as he purchased around 32,000

    Tim Draper: Bitcoin and Cryptocurrencies Will Take over the World

    | 2018/02/08 5:00 am
  • Singapore doesn’t view Bitcoin as a threat and claims there is no reason to ban cryptocurrency trading within the city-state. Why so Serious? As China steps up its efforts to eradicate Bitcoin buying and cryptocurrency trading from within its borders, Singapore sees no reason to ban “experimental” cryptocurrency trading in the city-state. The news comes after an extensive review from Singapore’s central bank, who has been conducting studies on cryptocurrencies and their potential risks. Deputy Prime

    Singapore Sees No Reason to Ban Cryptocurrency Trading

    | 2018/02/06 5:00 pm
  • A Canadian regulator wants Google to follow Facebook by banning cryptocurrency ads, as well as ads for ICOs and binary options. If there’s one reflex you can automatically assume from a government entity when confronted with something new, it’s the instant urge to ban. It’s blatantly obvious that most governments are not fans of cryptocurrencies. While some are looking to enact some form of regulation, others are looking to more stringent means. A senior investigator

    Canadian Regulator Wants Google to Ban ICO and Cryptocurrency Ads

    | 2018/02/06 1:00 pm
  • Some of Australia’s biggest banks confirmed they won’t prevent customers from buying and selling Bitcoin with credit cards, unlike some of their counterparts in the UK and US.  ‘No Restrictions’ Following a different approach than Lloyds Banking Group, JP Morgan, Bank of America, and Citigroup, Australia’s biggest banks currently have no plans to bar their customers from buying and selling Bitcoin with credit and debit cards. ANZ told ABC news that it “does not prohibit

    Australia’s Major Banks Confirm They Won’t Ban Buying Bitcoin

    | 2018/02/06 1:00 am
  • Virgin Money just jumped on the Bitcoin buying ban but it’s not as big a deal as many are making out. This week, The New York Times has reported that Virgin Money has banned the purchases of cryptocurrencies on its credit cards. The news comes as just the latest of this sort of move to hit the press, with a number of big-name banks also banning the purchase of bitcoin with their credit cards –

    Virgin Money Joins Banks’ Ban on Credit Card Bitcoin Purchases But What Does it Really Mean?

    | 2018/02/05 6:00 pm
  • JPMorgan, Bank of America, and Citigroup are all putting a stop to Bitcoin purchases made using their cards, citing high risk due to extreme price volatility. Credit Card Declined With Bitcoin suffering one of its worst weeks since 2013, major US banks are putting a stop to Bitcoin and other cryptocurrency purchases made using their credit cards. According to reports, JP Morgan Chase, Bank of America, and Citigroup are all banning cryptocurrency purchases using their credit

    Big Banks Ban Bitcoin Buys – JPMorgan, Bank of America, Citigroup Say No to Crypto Credit Purchases

    | 2018/02/03 4:00 pm
  • A fan of the New England Patriots was the first to use cryptocurrency to buy Super Bowl tickets as he spent 2.2 bitcoins for 50-yard line seats at Super Bowl LII. The football season has finally reached its climax as the Super Bowl is set to take place tomorrow between the New England Patriots and the Philadelphia Eagles. Super Bowl LII is being held in Minneapolis, Minnesota, and it’s estimated that over a 100 million

    Man Buys Super Bowl Tickets with Bitcoin

    | 2018/02/03 7:30 am
  • The widespread acceptance of Bitcoin as a viable currency may be on its way if the United Parcel Service (UPS) is any indicator. Making In-Person Transactions Safer According to a United States patent application filed on Feb. 1, the United Parcel Service (UPS) has plans to utilize Bitcoin as a method of payment for a new decentralized locker system. According to the patent’s abstract, UPS – a multinational package delivery company and provider of supply chain

    United Parcel Service (UPS) Patents Decentralized Locker Bank That Accepts Bitcoin

    | 2018/02/02 9:30 pm
  • Cryptocurrency holders traveling to one of Australia’s busiest airports will be able to experience and enjoy the first ever digital currency airport terminal. Virtual currencies have an eventual aim to be the global medium of exchange. Awareness, interest, and adoption are growing in many countries, showing that that aim may soon be realized. The industry is also paving the way for a number of startups who mainly have a goal of incorporating crypto into our

    Cryptocurrency Payments Take off at Brisbane Airport

    | 2018/02/02 9:30 pm
  • Twitter and Square CEO Jack Dorsey announces that he supports Bitcoin. He believes the cryptocurrency is a long-term path towards greater financial access for all. Big market players are now entering the cryptocurrency arena. As a result, users are looking towards more straightforward access to crypto services through such adoption. However, there are setbacks. Tech giant Microsoft temporarily suspended bitcoin payments and transactions. Microsoft had been the most prominent company to have announced support for

    Twitter CEO Jack Dorsey: Bitcoin Provides Broader Financial Access for All

    | 2018/02/01 3:00 pm
  • The Indian government talks a big talk when putting down Bitcoin and other cryptocurrencies, but such actions has done little to curb their popularity. Crypto-Not-Currency In his annual budget speech today, Union Finance Minister Arun Jaitley once again made clear the government’s intention to halt the use of Bitcoin and other cryptocurrencies in India, claiming the South Asian country does not recognize digital currency as legal tender. He states: The government does not consider cryptocurrencies

    No, India Won’t Ban Bitcoin and Will Embrace Blockchain Technology Too

    | 2018/02/01 8:30 am
  • Buying and selling Bitcoin just got a bit easier as the Square Cash app has fully embraced the cryptocurrency. Cash Me Outside After months of testing, users of the Square Cash app can now buy and sell Bitcoin. Widely considered the gold-standard of cryptocurrencies, Bitcoin trading still faces barriers which prevent it from gaining widespread adoption. Square looks to help remedy that situation. Originally a money-by-email service, Square’s Cash app is a popular way for

    Square’s Cash App Helps Make Bitcoin More Accessible

    | 2018/02/01 4:00 am