• 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
  • While Bitcoin Unlimited is gaining traction among miners, only a handful of Bitcoin companies are in favor of its bigger block and Emergent Consensus proposal. Breakdown by Company The scaling debate in which two predominant Bitcoin improvement proposals, SegWit and Bitcoin Unlimited, are competing for miners’ support is becoming more and more intense. As the debate escalates, supporters from both sides are now threatening to push for user activated forks (both soft and hard). While

    These 27 Companies Support Bitcoin Unlimited, 44 Oppose

    | 2017/04/05 12:00 pm
  • 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
  • Ukraine’s Bitcoin investment figures have shot up 500% in a single year, according to Bitcoin Ukraine founder Andrey Dubetskiy. Dubetskiy: Growth Reasons ‘Same Throughout The World’ The figures, which Dubetskiy revealed in comments to local news resource Payspace, represent growth from 500,000 hryvnia ($18,400) to 2.5 million ($92,000) hryvnia per week through 2016. “The reasons behind the growth are the same as those throughout the world,” he told the publication. Specifically, distrust of national currencies,

    Ukraine Sees Bitcoin Investments Up 500% in 12 Months

    | 2017/04/04 2:00 pm
  • According to IndieSquare Co-founder Koji Higashi, new regulations in Japan, which will make Bitcoin an official form of payment (starting today April 1), may do more harm than good for the fledgling industry in the country. Japan to Introduce Own ‘Bitlicense’ Following the disastrous demise of the infamous Japanese exchange, Mt. Gox and the arrest of its CEO Mark Karpelès, regulators in the country decided to introduce regulations for Bitcoin. The regulatory framework has been in the works for over

    Japan’s New Bitcoin Law Could Do More Damage Than NY BitLicense

    | 2017/04/01 9:00 am
  • German Blockchain loans provider BitBond has partnered with BitPesa to facilitate payments directly to Kenya mobile accounts. BitBond: Sub-Saharan Africa is 10% of Our User Base The international partnership comes as Sub-Saharan Africa grows to 10% of BitBond’s user base and BitPesa’s popularity in its native Kenya continues. BitBond CEO Radoslav Albrecht said in a blog post Tuesday: This means that a small business owner from Kenya can receive loan funding from investors from all over

    BitPesa & BitBond Jumpstart Bitcoin Blockchain Loans to Kenya

    | 2017/03/30 8:00 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
  • Increasing regulatory pressures have eviscerated trading volumes across Bitcoin exchanges in China. Bitcoin’s shifting volumes and price are signaling that further disintermediation is inevitable, which could also spell trouble for Western exchanges like Coinbase and Kraken. China Regulates Bitcoin Exchanges Increasing regulation of the Bitcoin market in China by the People’s Bank (PBoC) has characterized the first Quarter of 2017. First they banned margin-trading. Then they halted withdrawals of Bitcoin from Chinese exchanges in February. The latest news is that

    The China Syndrome: Are California’s Bitcoin Exchanges Doomed?

    | 2017/03/23 4:30 am
  • As Bitcoin apps such as Abra increasingly bridge the fiat gap by providing more options to buy and sell Bitcoin, could physical BTMs become obsolete? Abra Adds Bitcoin as Official Currency Yesterday, Abra, a Bitcoin-based remittance app that allows users to cash out national currencies via pre-selected Tellers, announced the addition of Bitcoin as a usable currency. Although Abra has always been powered by Bitcoin, the new addition will allow users to buy, store, transfer and spend Bitcoin directly as

    Does Abra Pose a Threat to the Bitcoin ATM Industry?

    | 2017/03/10 8:30 am
  • Bitcoin entrepreneur and Chinese government advisor Wo Weidong is urging China to develop “an appropriate” Bitcoin and Blockchain regulatory strategy to promote innovation. China Needs ‘An Appropriate Regulatory Strategy’ Wo Weidong, member of the Chinese People’s Political Consultative Conference and Chairman of the board of the Huiyin Group, has called out for “an appropriate” Bitcoin and blockchain regulatory strategy, according to online news service cnLedger.  “For innovations like Bitcoin and blockchain, other major countries in the world are

    ‘China Had the Power’: Gov’t Advisor Urges Not to Abandon Bitcoin

    | 2017/03/09 12:00 pm
  • BitPay has announced it is raising its minimum invoice amount from 4 cents to $1 as an “exponential” increase in miner fees takes its toll. BitPay: Micropayments Becoming ‘Uneconomical’ In a release Wednesday, the payment provider said that amid record transaction volumes, the change “will protect consumers from creating un-economical transactions and remove our own risk for processing unprofitable transactions.” “Now that fees are reaching an average of $1 per transaction across the Bitcoin network,

    Bitpay Raises Invoice Minimum 2400%, CEO Says Bitcoin ‘Working Perfectly’

    | 2017/03/09 5:30 am
  • Here’s a novel way you can use your Twitter account to earn Bitcoin from your new followers as well as other social interactions. A New Twitter Hustle for Bitcoin Here is a hustle to earn Bitcoin from your Twitter account. Credit where credit is due, the idea of charging a fee to Follow Back on Twitter came from here: I played around with this concept during my morning swim. Charge people a fee to Follow Back on Twitter. But even better,

    How You Can Earn Bitcoin From Your Twitter Followers

    | 2017/03/02 8:00 am
  • Kraken has acquired charting platform Cryptowatch in an effort to improve its interface and cryptocurrency trading experience. Kraken Snatches Cryptowatch San Fransisco based cryptocurrency exchange Kraken has announced the acquisition of Cryptowatch, a popular charting and trading platform to improve its own trading platform. The latest move by Kraken will allow clients to have direct access to an upgraded Cryptowatch trading interface through the Kraken platform itself, introducing users to a tool that is already used

    Kraken Continues M&A Spree: Acquires Cryptowatch Charting Platform

    | 2017/03/01 1:00 pm
  • Swiss-based serviced apartment company VisionApartments has announced Bitcoin payment support for all its apartment locations around the globe. Paying Apartment Rent with Bitcoin Living on Bitcoin is becoming easier and easier every day! Yesterday, Swiss serviced apartment company, VisionApartments announced a partnership with a national Bitcoin-based startup, Bitcoin Suisse. The move will bring about the integration of Bitcoin payments for all its services, meaning that users can now pay rent in BTC. In the official announcement, Anja

    Move Over AirBnB: Swiss Apartment Rental Service Now Accepts Bitcoin

    | 2017/03/01 7:30 am
  • BTC price rose higher after positive news regarding the SEC and its new regulations that are expected to boost small Bitcoin businesses. Building on ‘Productive Relationship’ A memorandum of understanding (MOU) between the US Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA), signed Friday, will see the two bodies share information related to ensure new crowdfunding regulations are effective for small businesses. The new rules will make it easier for

    New SEC Agreement Pushes Bitcoin Price Higher to $1,100

    | 2017/02/21 5:00 am
  • After buying up digital currency transfer company PayCash, Daimler has signaled it may use digital currency to build up its presence in Africa. Daimler: ‘Clear Signal Of Further African Growth’ The continent is providing huge demand for transport networks, yet businesses are continually faced with financing problems, the vehicle giant told industry magazine Autconomy this week. “We are already present in over 30 marketplaces in Africa and are still expanding both our product range and

    Daimler May Use Bitcoin to Finance Africa’s Transport Demands

    | 2017/02/18 10:00 am
  • The number of Bitcoin ATM’s has surpassed 1,000th, a milestone in the history of Bitcoin that marks the continued growth of its infrastructure across the globe. Bitcoin Hits 1,000 BTM’s Today, CoinATMRadar celebrates the submission of the 1,000th Bitcoin ATM on their website. A significant moment for the website that tracks the presence of these machines worldwide, but even more so for the Bitcoin community in general. The current number of Bitcoin ATM’s currently stands at 1,002, according

    Achievement Unlocked: Bitcoin Surpasses 1,000 ATMs Worldwide

    | 2017/02/17 9:00 am
  • Looking for a free ticket into the Crypto world? Bitcoinist has got you covered with four ways to get Bitcoin without having to spend a cent. You Don’t Need Money to Get Bitcoin As Bitcoin price continues to rise, it’s getting ever more expensive to buy for the average person. But earning bitcoin might just be the best way to accumulate this digital gold. Even Bitcoin expert, Andreas Antonopoulos, admitted in one of his many talks,

    4 Ways to Get Bitcoin Without Spending Any Money

    | 2017/02/16 12:00 pm
  • Travel much? Bitcoinist discovered that using Bitcoin instead of local currency gives you more Big Macs for your bits, particularly in places like Venezuela and Nigeria. Attn: Travelers & Digital Nomads It’s common knowledge that buying Bitcoin might make a great investment. It can also save you money when you use it to buy products at Amazon via Purse.io. Less well known is that using Bitcoin can slash your travel costs as well particularly in places like Venezuela and Nigeria. Both these countries

    Big Macs in Caracas, Prawns in Lagos are Cheaper for Bitcoiners

    | 2017/02/14 12:00 pm
  • Valentine’s Day is upon us! Forgot? No worries, Bitcoinist has got you covered. We are going to show you the best gifts Bitcoin can buy for all your Valentine’s Day needs! Valentine’s Day for the Bitcoinist Valentine’s Day is here and if you’re as bad with this kind of things as I am, then you’re probably looking for a last-minute gift that can fill someone’s heart without emptying your pockets. There’s only one problem, though:

    8 Valentine’s Day Gift Ideas for Everyone Who Loves Bitcoin

    | 2017/02/14 8:00 am
  • A digital publishing solutions startup has created a new use for Bitcoin bounties, which turns cyber criminals on themselves and can flag media piracy in 45 seconds. Bitcoin Bounties Turn Criminal On Criminal Operating with digital content from ebooks to video and audio, UK-based Custos Media Technologies aims to prevent copyright infringement and piracy of ebooks by embedding bitcoins in digital media content. In so doing, Custos is hoping to stamp out fraud while providing a

    Bitcoin Bounties Can Flag Digital Media Piracy in 45 Seconds

    | 2017/02/11 1:00 am
  • Here are the top seven most glaring charts showing that Bitcoin adoption is not only alive and well, but is also accelerating. Bitcoin Refuses To Die If you’re one of many who believes the current financial system will go up in a mushroom cloud, then Bitcoin is the cockroach that can survive the bank apocalypse. Though it’s been pronounced dead over one hundred times by critics, the media and even by former developers, it refuses to go

    Top 7 Charts to Hit the ‘Bitcoin is Dead’ Crowd With

    | 2017/02/01 12:00 pm