• 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
  • Bitcoinist spoke to Roman Pushkin, founder of LibreTaxi, an open-source ridesharing mobile app that will soon support Bitcoin payments, to find out more about his vision for this “free alternative” for Uber and Lyft.  Ride sharing applications are becoming part of our daily lives. However, there are just some areas apps like Uber and Lyft don’t cover and a certain currency – Bitcoin, of course – that these simply do not accept as a payment system. However, new

    Interview with LibreTaxi: The ‘Free Alternative’ to Lyft & Uber

    | 2017/02/01 5:00 am
  • Poland’s oldest exchange Bitcurex has mysteriously “disappeared” with users losing access to capital and locking 2,300 bitcoins out of users’ hands. 2,300 BTC Gone Forever Local news sources report that following problems reaching back to October, the platform has now ceased operation altogether, with staff failing to release clear information. Only social media pages survive, while it appears that a Polish public prosecutor investigation instigated by the exchange is no nearer returning lost funds. Bitcurex’s

    Bitcurex: Owner ‘Disappears’ After Failing to Return 2,300 BTC

    | 2017/01/31 8:00 am
  • Brazilian hotel chain Vert Hotéis now accepts Bitcoin in an effort to connect with the tech-oriented crowd and after multiple customers requested to pay with the cryptocurrency.  Stay in Brazil for Bitcoin In an effort to expand their customer base and to keep up with the growing demand, Vert Hotéis has added Bitcoin to the list of accepted payment methods for three of the hotels managed by the Brazil-based company. Bitcoin is now accepted in hotels Ramada Encore Minascasa,

    Brazilian Hotel Chain Now Accepts Bitcoin After ‘Multiple Requests’

    | 2017/01/25 11:00 am
  • The release of Kim Dotcom’s BitCache and Megaupload 2 (MU2) has been said to be a transformational project that alone could double Bitcoin’s global value. It looks like we’ll have to wait awhile for this new app and new Bitcoin value to reach fruiting, as we update you on the new release schedule. Dotcom’s Megaupload 2, BitCache Delayed Last summer, online business mogul Kim Dotcom announced two future Bitcoin applications called Megaupload 2.0, or MU2,

    Kim Dotcom Reveals New Launch Schedule for BitCache, Megaupload 2

    | 2017/01/24 11:00 am
  • Was getting ready to use the very popular website for online services, Fiverr, yesterday, and discovered they are taking a step back with their business for 2017. The Bitcoin payment option I have been using since 2014 is no more. What’s Fiverr? For the few who do not know, Fiverr is the world’s leading online freelance services website that offers “gigs” provided by vendors for just $5 USD. These gigs range from writing press releases

    Fiverr No Longer Accepts Bitcoin After ‘Purely a Business Decision’

    | 2017/01/23 9:00 am
  • 2017 is full of positive energy, renewed spirit, and the winds of change. As with any new year, new aspirations come with it, and the world is waiting for Bitcoin to gain its “killer app” that will take the digital currency mainstream. Kim Dotcom is working on it, but it will have to wait a couple more days. ‘I Want to Take Bitcoin Mainstream’ Last summer, online business mogul Kim Dotcom announced two future Bitcoin

    Kim Dotcom’s Megaupload 2.0 & BitCache Experience Aborted Launch

    | 2017/01/21 12:00 pm
  • Mercedes owner Daimler AG has announced its takeover of PayCash Europe, a provider of Bitcoin payment services alongside others, in a move that will see the corporation venture into mobile payments. Mercedes Buys Bitcoin Services Provider PayCash, which also offers solutions for Bitcoin and cryptocurrencies, is a Luxembourg-regulated licensed e-money transmitter. It will be used by Daimler to launch mobile payments for Daimler products and services under the Mercedes Pay brand. “‘Mercedes pay’ is a fundamental component of

    Mercedes Buys Bitcoin Service Provider in ‘Digitization Strategy’

    | 2017/01/17 7:00 am
  • Counterparty Foundation Community Director Koji Higashi has agreed that Japan’s future in Bitcoin is an “upward trend” and could challenge China in trading volume. Japan: World’s #2 Bitcoin Trader His comments follow mainstream media alleging the number of Japanese outlets accepting Bitcoin had quadrupled to over 4,000 in 2016 alone. In a blog post Monday, Higashi said that in contrast to China’s falling trading volumes due to exchange inspections and uncertainty over legislation, Japan’s legal

    Japan Rises to Become 2nd Biggest Bitcoin Trader in the World

    | 2017/01/17 5:00 am
  • Coinbase CEO Brian Armstrong has suggested US cryptocurrency businesses adopt broker-style bureaucracy to achieve a better relationship with the taxman. 1099-B ‘Potential Solution’ to Crypto Tax Woes In a blog post published Saturday, Armstrong argued that the costliness of Coinbase’s current legal battle with the Internal Revenue Service could in future be avoided. “…Coinbase and the IRS have (I believe) a shared goal to ensure all U.S. customers pay their taxes,” he wrote. “I believe

    Coinbase vs IRS: CEO Says Broker Tax Forms ‘Potential Solution’

    | 2017/01/15 7:00 am
  • Pantera Capital’s new $25 million USD fund will invest in Brave Browser and Abra, two innovative Bitcoin-based apps. Pantera Capital’s New $25 Fund Dan Morehead, founder and CEO of Pantera Capital, recently revealed details regarding their new investment fund in an interview with TechCrunch. While Bitcoin was the main focus of the interview, Morehead disclosed information regarding two of the companies that will receive new funding from Pantera Capital. Following the closure of the first fund,

    Pantera Capital’s New $25M Fund Will Invest in Brave Browser, Abra

    | 2017/01/13 8:00 am