• As investors eagerly wait in anticipation to see where exactly Bitcoin will go, its prospects as a viable currency are coming under scrutiny. Cryptocurrency, Minus the ‘Currency’? Bitcoin is looking less and less like a viable currency every day, as companies continue to drop the popular cryptocurrency as a method of payment. One such company dropping support for Bitcoin is Stripe. According to the self-proclaimed “first major payments company to support Bitcoin payments,” lengthy transaction

    Bitcoin Questionable as a Currency, but as an Asset it’s as Good as Gold

    | 2018/01/31 4:30 pm
  • Harunustaspor, a Turkish amateur football team, just bought a player using bitcoin. The Bitcoin space might be struggling from a price and a sentiment perspective right now but that hasn’t stopped the flow of quirky news that’s become prevalent over the last six months or so, as the cryptocurrency and blockchain spaces have moved out from under the radar and into the mainstream. The latest report of this type has come out of Turkey, which

    Turkish Football Team Buys Player With Bitcoin

    | 2018/01/31 2:00 pm
  • Howard Schultz, Starbucks Corporation’s current Executive Chairman and former CEO, said that the company sees potential in blockchain technologies and some cryptocurrencies. Starbucks Wants To Go Cashless Without Bitcoin Starbucks has been a leader in the adoption of promising technologies, such as mobile payment features, and is set to continue the trend with a venture into cryptocurrencies and blockchain. As excitement builds around cryptocurrencies and their underlying technology, known as blockchain, Starbucks aims to take

    Starbucks Chairman Howard Schultz Believes In Cryptocurrency – Just Not Bitcoin

    | 2018/01/29 10:30 pm
  • Many law firms are rapidly adapting to the business environment that Bitcoin technology offers. As a result, these law firms, as well as independent lawyers, are increasingly accepting payments in Bitcoin for legal services. Law Firms Are Adapting to the Crypto Environment Many law firms are accepting Bitcoin as payment because customers request it. Others are accepting Bitcoin because they fear missing out on the opportunities that the new business environment promises. As Law.com reports,

    Lawyers Moving Into the Bitcoin Space

    | 2018/01/29 4:00 pm
  • The cryptocurrency community is celebrating what may have been the first ever transaction on the Bitcoin Lightning Network’s (LN) mainnet. Additionally, the good news is that the Bitcoin payment operation was, “instantaneous and fee-free.” LN Transactions Prove to be Cheap and Faster The cryptocurrency community is becoming increasingly enthusiastic about the LN implementation because it promises to significantly lower Bitcoin’s transaction fees while making possible near-instant transactions. Social media is humming with news references to

    Lightning Network Is Happening! First Physical Item Purchased on LN

    | 2018/01/21 12:00 am
  • Retailers in Bali are being forced to stop accepting bitcoin at their shops and restaurants. The actions of governments and regulatory authorities in Asia have been a hot topic in the cryptocurrency space over the last few weeks. The recent crash is widely seen as being driven by reports that the South Korean government indicating it is set to crackdown on cryptocurrency usage. A similar concern is hanging over the already heavily regulated Chinese market

    The Indonesian Government Is Cracking Down Further On Bitcoin Use In Bali

    | 2018/01/20 1:00 am
  • Acquiescing to its clients’ demands, Goldman Sachs reasserted its interest in joining the cryptocurrency bandwagon, during its last earnings call. Goldman Sachs Clients Want Bitcoin-based Services Clients have been requesting the multi-national finance giant Goldman Sachs to participate in the cryptocurrency trading industry. Marketwatch reports that on the earnings call of December 17, 2018, Chief Financial Officer R. Martin Chavez underscored that the most exciting facet of the current craze is blockchain technology: And so

    Goldman Sachs Reaffirms Interest in Bitcoin and Other Cryptocurrencies

    | 2018/01/19 5:00 pm
  • While there’s no doubt that Bitcoin is the currency of the moment, with its value rising from $0.0008 on inception, to a peak of $17,900 in December 2017, one of the biggest concerns that potential investors have is that, in reality, they are difficult to spend. With skeptics referring to horror stories such as the man who spent 10,000 Bitcoins on two pizzas in 2010 (an equivalent cost in today’s market of $20 million), it’s

    Five Ways To Spend Bitcoins in 2018

    | 2018/01/19 4:30 pm
  • ICF Church, an evangelical church in Zurich, Switzerland, is set to begin accepting Bitcoin donations from its parishioners. The common assumption with most churches is that they’re conservative and are beholden to time-honored traditions. While this is often true in many regards, a number of churches are actually quite keen on adopting the latest innovations that technology has brought to bear. Case in point is a church in Switzerland that is set to begin accepting

    Hallelujah! Swiss Church to Accept Bitcoin Donations

    | 2018/01/19 8:30 am
  • The crypto space is hot property at the moment even in the wake of recent market slumps. More institutionalized finance exchanges and organizations are looking to provide a wider range of products for their clients and these must now include Bitcoin futures. The latest to join the blockchain train is Morgan Stanley. As the first Bitcoin futures contracts expired and were settled this week, the CBoE hailed them a success and a victory for those

    Morgan Stanley Opens to Bitcoin Futures Contracts

    | 2018/01/19 2:30 am
  • A real estate company based in Barcelona, Spain has sold an apartment for Bitcoin as cryptocurrency enters the mainstream.  A New Way To Pay Mister Piso, a real estate company based in Spain, has sold the first piece of real estate using Bitcoin as legal tender. The company is hoping that a shift into cryptocurrency could accelerate sales and revitalize the housing sector. Bitcoin and similar cryptocurrencies have steadily gained popularity since its inception around

    Spain: First Real Estate Sale Using Only Bitcoin in Country

    | 2018/01/19 12:30 am
  • At the end of 2017, signs that Bitcoin was making the jump from a currency used and held only by technology and decentralization enthusiasts to a mainstream asset started to hit the press. The launch of Bitcoin futures on two of the major futures exchanges served up an opportunity for traders and investors that wanted to take a position in the cryptocurrency without having to buy and store bitcoins to do just that and, perhaps unsurprisingly,

    New York Stock Exchange (NYSE) Owner to Launch Bitcoin Data Service

    | 2018/01/18 10:00 pm
  • The explosive growth of cryptocurrencies and blockchain based solutions fueled a switch of future online payments from traditional banking to crypto. The global online retail market will reach 3 trillion dollars in the end of 2018. With such potential of the industry new players started to emerge offering completely different ways to get paid for e-commerce businesses. Why Is Crypto so Much Better? The retail world is experiencing growth such as has never been seen

    Bitcoinus – the Pioneer of Online Crypto Processing

    | 2018/01/17 3:00 pm
  • In an interview with CNBC earlier Tuesday, former Wells Fargo CEO Richard ‘Dick’ Kovacevich denounced Bitcoin as a pyramid scheme. First, it was economist Robert Schiller calling Bitcoin a “bubble”. Then JP Morgan CEO Jamie Dimon added his pontificating opinion to the mix, labeling it a “fraud.” Now it looks like Wall Street talking heads are doubling down on the stupid. Yesterday, in an interview on CNBC’s Squawk on the Street, former Wells Fargo CEO

    See Dick. See Dick Call Bitcoin a Pyramid Scheme. Wrong, Dick. Wrong.

    | 2018/01/17 11:15 am
  • This time last year, Bitcoin and its brethren were only in the realm of tech geeks and crypto fanatics. What a difference a year can make. Today it is a household name which has attracted the attention of governments across the planet. A number of bankers and politicians have spoken out about Bitcoin, either extolling its virtues or demonizing it. The latest is former Republican Ron Paul. According to reports, the politician says he is

    Ron Paul on Bitcoin: ‘People Should Have the Right to Choose’

    | 2018/01/17 3:45 am
  • Capital One is firing a broadside at crypto as they confirm that they will not allow customers to purchase cryptocurrency with their credit cards. Banks and cryptocurrency are natural enemies as they occupy opposing positions on the financial spectrum. Banks represent centralized economic control, where the average person is bound by a bevy of rules and regulations. Virtual currency offers a decentralized, individualistic approach to a person’s economic decision-making. Which is why it is not

    What’s in Your Wallet? If You’re Using Capital One, Then Nothing at All

    | 2018/01/16 4:45 pm
  • Billionaire Bitcoin skeptic-turned-bull Mark Cuban has said his Dallas Mavericks basketball team will accept Bitcoin “next season.” Cuban Turns On To Bitcoin Acceptance In comments on Twitter following publication of team line-ups, Cuban, who as recently as June last year called Bitcoin a “bubble,” confirmed fans would be able to purchase tickets with Bitcoin later in 2018. Next season. — Mark Cuban (@mcuban) January 16, 2018 The move is milestone for both US basketball and

    Mark Cuban: Buy Dallas Mavericks Tickets ‘Next Season’ With Bitcoin

    | 2018/01/16 7:30 am
  • Bitcoin investors in the UK have reportedly been facing issues with acquiring mortgages with their profits, as Banks refuse or are unsure how to deal with funds derived from cryptocurrency. As Bitcoin prices rise, so do investor profits, and if a report from the UK’s The Sun newspaper is to be believed, it appears as though investors could potentially have trouble when it comes to securing a mortgage with their Bitcoin money. Some banks in

    UK Bitcoin Investors Denied Mortgages To Buy Homes

    | 2018/01/14 12:15 pm
  • Crypto comes to the fast food world as KFC Canada introduces the Bitcoin Bucket, a meal for $20 worth of the digital currency. There are some brands that have become incredibly iconic over the years. One such brand is Kentucky Fried Chicken, or KFC for short. KFC has spread from a regional chain to franchises spanning the globe. Their “finger lickin’ good” food has been devoured by millions of loyal customers. Now their famous fried

    Hodl the Chicken as KFC Introduces the Bitcoin Bucket

    | 2018/01/13 5:00 am
  • Artists are turning to cryptocurrency in order to take control and maximize their music royalties in a move that is turning the music industry on its head. Record labels have a long and sordid history of screwing over musicians and songwriters. It used to be common for an artist to have a gold or platinum hit and yet somehow still owe the record label money. Just before he died, rock god Jimi Hendrix was so

    Crypto Hopes to Go Multi-Platinum in the Music Industry

    | 2018/01/12 10:00 am
  • Tech giant Microsoft has resumed accepting Bitcoin as payment for media on their Windows and Xbox stores. Microsoft Resumes Accepting Bitcoin as Quickly as It Stops Microsoft will allow consumers to redeem Bitcoin to deposit funds in exchange for content once again. The restoration comes shortly after the company discreetly suspended the form of payment amid rising transaction fees and concerns over the currency’s volatility. Microsoft first began accepting Bitcoin as a form of payment

    Microsoft Restores Bitcoin Payments

    | 2018/01/10 4:00 am
  • In an interview with Fox Business Network, JP Morgan Chase Chairman and CEO Jamie Dimon admitted that he regrets calling Bitcoin a fraud. The news follows Dimon’s numerous negative comments about Bitcoin in 2017. Speaking to Maria Bartiromo, Jamie Dimon, CEO of JP Morgan Chase, made a partial retraction of his comments regarding Bitcoin, something he had called a fraud. The target of much ire from the crypto community, Dimon’s previous inflammatory comments include such

    Jamie Dimon Admits He Regrets Calling Bitcoin A Fraud

    | 2018/01/09 1:00 pm
  • Bitcoin seems to be the knight in shining armor for countries suffering distress due to corrupt governments and volatile economic climates. Bitcoin’s race to the top of the crypto charts has been filled with record-breaking prices, mainstream integration into the financial industry, and overall sitting-on-the-edge-of-your-seat excitement. In waiting for the currency to reach the next price milestone, it may be easy to forget what it’s actually there for. Even though it may have a somewhat

    Bitcoin to the Rescue in Economically Unstable Countries

    | 2018/01/07 5:00 am