• The price of Bitcoin is surging towards the $300 USD price range. Over the past two weeks, BTC has seen a steady climb from the $260 range to yesterday’s $280 break. Despite breaking this boundary, the digital currency stepped up again to a high of $293 as of press time with no sign of a slowdown just yet. Also read: The Potential Impact of Bitcoin on the Luxury E-Commerce Industry Many have been wondering why

    Bitcoin Price Rallying Towards $300

    | 2015/10/25 3:19 pm
  • BSAVE, consisting of a group of online entrepreneurs with a vision to combine alternative investments (like Bitcoin) with the power of new technology, is a unique savings account that offers daily interest for deposited Bitcoin. Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with BSAVE and is not responsible for its products and/or services. BSAVE has successfully secured over $400,000 in seed capital, which will help kickstart operations of BSAVE’s early

    BSAVE Raises $400,000 in Seed Capital

    | 2015/10/25 12:00 pm
  • When BnkToTheFuture’s chief executive Simon Dixon says that stock exchanges around the world have a long history in listing gold and oil mining stocks, but Australia will become the first ever to list this new form of mining stock, it makes a lot of sense. The country has a hot and cold reaction towards the digital currency technology; however, the latest move where the world’s first Bitcoin mining IPO is drawing near, it is moving

    BnKToTheFuture Hosts Fund for Australia’s First Bitcoin Mining IPO

    | 2015/10/21 8:00 am
  • Bitcoiners got to enjoy some exciting market activity this week, with the Bitcoin price rising to levels that have not been seen in several months. Towards the end of the week, the price broke into the $270s, but quickly settled down into the low $260s, which some people hope will be a new bottom. Also read: Apple Pay Stumbles After Initial Support — Bitcoin A major Competitor Daily Bitcoin Price Action October 12: $247.83 October

    Bitcoinist Weekly News Re-Hash: Carl Force Sentencing, Uber’s Data Blunder

    | 2015/10/19 8:00 am
  • China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks and balance controls for capital outflow. Currency wars in the region have led to a massive monetary dump as China’s Black Monday looms and looks to a very rough financial week. This

    Is China Turning To Bitcoin As Yuan Devalues?

    | 2015/10/17 4:53 pm
  • London, October 12, 2015 — Binary options by Bitplutos are a new and anonymous alternative for Bitcoin investors. You can earn up to 85% profits on a correct prediction even when the exchange rate drops! As humans, we make binary decisions all the time as a matter of survival. Should you touch that hot stove or not? NO! Will Bitcoin continue to rise against the USD in the next day? YES or NO? If you

    You Can Earn Up to 85% Even if The Bitcoin Rate Drops at Bitplutos

    | 2015/10/12 9:29 am
  • This week, we saw a significant amount of growth in the Bitcoin price, following several weeks of relatively calm market activity. Starting in the high $230s — carrying on the trend from last week — the price quickly rose to $240 and beyond.   Also read: Purse.io Under Attack — User Funds Are Safe And Accounted for Daily Bitcoin Price Action October 5: $238.70 October 6: $240.46 October 7: $246.27 October 8: $244.26 October 9:

    Bitcoinist Weekly News Re-Hash: Poloniex Supports Factom, BlockChainGroup.io Revolutionizes Analytics

    | 2015/10/12 8:00 am
  • Many people interested in Bitcoin have a less than optimistic view about the health of the global economy. This skepticism — in some cases pessimism — is fueled by a controversial business cycle theory that is fairly popular in Bitcoin circles. This theory holds that the easy money created by central and fractional reserve banks induce entrepreneurs to embark upon projects that are are not actually profitable. This action sparks a series of events, in

    What will Happen to Bitcoin when the Economy goes Bust?

    | 2015/10/10 8:00 am
  • Blythe Masters, the Wall Street executive who became the youngest managing director of J.P. Morgan,  likes the blockchain. However, the Chief Executive Officer of the startup Digital Asset Holdings doesn’t pay much attention to Bitcoin. The former credit derivative product manager told Bloomberg Markets Most Influential Summit, “I never became particularly enamored with cryptocurrency.” Also read: Bitcoin in Business: Why don’t most Businesses Accept Digital Currency? Masters gained a lot of her experience with over two

    The Blythe Masters Philosophy: Pay no Attention to Bitcoin

    | 2015/10/08 12:00 pm
  • This past week, the Bitcoin markets seemed to be relatively quiet, while subtly hinting at a desire to see the digital currency increase in value. Throughout the course of the week, the Bitcoin price rose from the mid $230s to the high $230s, brushing against $240 several times. This modest growth occurred with a backdrop of fairly mild news. Also read: How Bitcoin is like the Housing Market Daily Bitcoin Price Action September 28: $236.47

    Bitcoinist Weekly News Re-Hash: Australia Boots Bitcoin, ERNIT’s New Piggy Bank

    | 2015/10/05 8:00 am
  • The housing market in the United States has been on the decline since late August. While unfortunate, it’s something Americans are used to. Since 2008, the country has struggled with the regular ups and downs of its housing market, and many of us, despite the media’s attempts to convince us that things “have gotten better,” remain skeptical. Also read: The Bitcoin Halving: Deflating the Hype With the recent drop, that skepticism appears to be somewhat

    How Bitcoin is like the Housing Market

    | 2015/10/04 8:00 am
  • A society without physical money is already becoming very apparent in our world. Most people do not use cash or checks like they used to 20 years ago. Currently, there is only 8% of hard physical cash represented in the world, and the rest of our money is pure digits. It’s not hard to see that this is a reality as people use mobile banking, debit cards, and online payments. People can go for quite

    Bitcoin Is Superior To Cashless Systems Used Today

    | 2015/10/03 8:34 pm
  • This week saw some modest gains in the Bitcoin price. While this growth was far from extreme, it was indeed fairly unexpected. Last week, the price entered a sideways pattern that threatened to point downward, coming off of some bearish activity. Most of this week remained in that same pattern, but the markets pulled upward late Sunday night. Also read: The Bitcoin Halving: Deflating the Hype Daily Bitcoin Price Action September 21: $229.28 September 22:

    Bitcoinist Weekly News Re-Hash: Bitcoin Computer Launched, Ecuador Censorship

    | 2015/09/28 8:00 am
  • Bitcoin and the underlying technology of the blockchain has become a pretty important invention of our time. The cryptocurrency application itself has given us a sketch of new meanings that apply to money and mediums of exchange. The blockchain can house and transact with unlimited amounts of valued assets through its publicly distributed ledger, and among these valuable building blocks is unforgeable data. This data can lead to incredible concepts produced by the blockchains transparency

    Blockchain Identity: Solving the Global Identification Crisis

    | 2015/09/27 8:00 am
  • What, exactly, would happen if everyone just dropped the money they were using (USD, the euro, the yen, etc.) and resorted to dealing in bitcoin from here on out? Also read: “Blockchain Technology” is Bringing Bitcoin to the Mainstream This is a question that we’ve likely entertained on an individual or otherwise small scale at some point or another. As a civilization, however, it’s not likely we’ve actually sat down and thought through the full

    What Would Happen if Bitcoin Was Accepted Globally?

    | 2015/09/26 8:00 am
  • When the word “Bitcoin” is spoken, it invokes a strong sense of novelty. It is a new idea, a concept so foreign, so different from anything that has ever existed, that people have trouble compartmentalizing the idea in their minds. The initial reaction towards finding out about Bitcoin or even hearing it is different for each individual. It just might have something to do with intelligence. It’s not a stretch to believe that the average

    The Bitcoin Question: Buy Now or Cry Later?

    | 2015/09/25 3:00 pm
  • The approaching halving of Bitcoin’s block reward is the subject of much optimism among Bitcoin enthusiasts and price speculators. Hardcore believers, uncaring about its exchange rate, look forward to the “halvening” as a milestone in Bitcoin’s history. Each block reward halving represents a triumph for Bitcoin, for they signify that Bitcoin has remained relevant enough for mining to continue. Speculators, on the other hand, look to the halving as a source of hope. Since the

    The Bitcoin Halving: Deflating the Hype

    | 2015/09/25 8:00 am
  • The world of finance and banking has not seen much innovation over the past 50-60 years. Money has stayed the same over the decades albeit there might be a different King or Queen on banknotes and coins. The biggest financial innovation in the banking sector today — in the UK at last —  is the fact that 20 GBP notes will no longer be printed on paper, but will make the switch to polymer. Also

    20 GBP Note Goes Polymer, Competitors Embrace Blockchain Technology

    | 2015/09/24 12:00 pm
  • Money makes the world go round. Whether you’re watching Gary Coleman speaking on Cash Call commercials or listening to the Broadway musical “Cabaret,” this is an old saying that you’ve likely heard time and time again, and it’s true. The globe unites in its views on money. We all need it, we all want it, and we sure love to spend it. Regardless of universal thought, however, there’s no denying that money is always changing,

    How Bitcoin Boosts the Jobs Market

    | 2015/09/22 12:00 pm
  • After two weeks of sharp, last minute changes in the Bitcoin price, the markets caught a break this week, with the price remaining fairly stable throughout. Thus, it seems as if the speculators have finally settled down. This, combined with this week’s relatively slow news week, explains the sideways action that persisted throughout the week. Also read: QuickActions Wins Disrupt SF 2015 Hackathon Daily Bitcoin Price Action September 14: $228.18 September 15: $229.61 September 16:

    Bitcoinist Weekly News Re-Hash: BitPay Hack, California Bitcoin Bill Dies

    | 2015/09/21 8:00 am
  • Making Bitcoin more accessible to everyday consumers remains one of the most optimal ways to raise virtual currency awareness on a global scale. Bitcoin ATM’s are a great way to achieve that goal, as they are easy to use and allow for conversion between fiat and virtual currency. TowerBTM is a brand new Bitcoin ATM company looking to make a splash in the market.   Also read: Robocoin’s Romit Software: Become a Bitcoin ATM DISCLAIMER:

    TowerBTM: A Futuristic Bitcoin ATM Running Lamassu Software

    | 2015/09/18 12:00 pm
  • Meet “the bitcoin kid.” He’s not a Wall Street broker turned rogue or a manager at Coinbase, but a 15-year-old sophomore student who currently attends Brentwood School in Los Angeles. His name is Whit Jackson, and the bottom line is, he’s passionate about bitcoin. Also read: Ethereum Powered Prediction Market Platform, Augur, Launches Crowdsale Jackson explains: “All my teachers know me as ‘the bitcoin kid.’ I told a few of my friends and it spread

    Meet Whit Jackson: the Bitcoin Kid

    | 2015/09/17 12:00 pm