• Using Bitcoin to buy everyday things, such as a burger, could trigger a tax bill from the IRS due to cryptocurrency being considered property. However, there is potential relief on the way in the form of new legislation. The last few years have seen a meteoric rise in cryptocurrency, which has been quite exciting for a lot of people. National governments have been less excited about Bitcoin and its brethren as they grope to find

    Using Bitcoin to Buy Things Could Trigger IRS Tax Bill

    | 2017/10/22 7:00 am
  • Market experts believe that a Bitcoin ETF will soon be approved by the Securities and Exchange Commission. Creating a Bitcoin ETF Bitcoin has experienced a rapid price growth this year. Recently, the decentralized cryptocurrency hit a new all-time high price of $6174 and reached a market cap of $100 billion. Of course, the huge price spike caught the attention of Wall Street, various financial institutions, and investors. In the last couple of years, different parties

    Could a Bitcoin ETF Be Just Around the Corner?

    | 2017/10/22 3:45 am
  • Stunning investors and Bitcoin enthusiasts, both Bitcoin and US stock market values hit all-time highs for two consecutive weeks. On October 20, 2017, Bitcoin’s price punctured the $6,000 USD mark. Simultaneously, the Dow Jones Industrial Average set a new record high of more than 23,328 points. Impressive Record-Setting Two Weeks for Bitcoin and Global Stock Markets For two weeks in a row, both the US stock market and Bitcoin’s price, almost in sync, displayed spectacularly

    Bitcoin and Stock Markets Hit All-Time Record Highs for 2nd Week in a Row

    | 2017/10/21 4:00 pm
  • Charlie Lee tweets how Craig Wright, self-proclaimed creator of Bitcoin, inadvertently reveals he is NOT Satoshi Nakamoto. Charlie Lee, the creator of the Litecoin cryptocurrency, tweeted earlier how Craig Wright inadvertently outed himself as not actually being Satoshi Nakamoto, a role he had claimed in the past. The admission was made when Wright was confronted about not being included in a list of blockchain’s influential people, despite Satoshi Nakamoto’s name actually being on it. Craig Wright

    Craig Wright Inadvertently Admits He’s Not Satoshi Nakamoto

    | 2017/10/20 3:00 pm
  • A survey undertaken by CNBC suggests the majority of those surveyed believe Bitcoin is heading to and above $10,000.   Optimistic Bitcoin speculation is rife especially in recent weeks as the popular digital currency again spectacularly rose from what many believed to be an epic crash from nearly $5,000 to lows of $3000 before bouncing up towards $6,000. Michael Novogratz of Galaxy Investment Partners, speculated last week that it would reach new highs in the next six

    Bitcoin Heading to $10,000? Survey Says…

    | 2017/10/20 12:00 pm
  • Recognizing the importance of digital technologies in the financial world, President Vladimir Putin has ordered the issuance of a national cryptocurrency. Concurrently, Russian industry is intent on attaining supremacy in the cryptocurrency mining industry by introducing new computing technology. In effect, the Russian Miner Coin (RMC) company is promising a revolutionary technology for Bitcoin and altcoin mining that would significantly improve energy efficiency. Breaking Computing Technology Paradigms for Cryptocurrency Mining By using technological innovations, Russians

    Russia Intends to Dominate Finance and the Cryptocurrency World by Introducing New Technologies

    | 2017/10/20 6:00 am
  • Following over a decade of economic turmoil, Zimbabweans are turning to bitcoin for some financial stability. Yes, you read that correctly!  I mean, seriously, just how messed up is that? As a result, bitcoin is reportedly selling in the capital, Harare, for almost double the global average, according to TheNational.ae. I Thought Harare was That Gorilla Meme… From our ivory tower perched high on Crypto Mountain, we often look down at the mere mortals below. We

    Zimbabwe News – Bitcoin Selling at Twice Global Dollar Average

    | 2017/10/19 8:30 pm
  • An ICO, otherwise known as an Initial Coin Offering, are creating millionaires across boards from Africa to Asia, Europe to Australia and the Americas. What is an ICO? An ICO is an unregulated way of raising funds for a new cryptocurrency venture. It is used by startups to avoid the scrupulous and highly regulated process of raising capital via banks or venture capitalists. 7 Steps for ICO Analysis Now that you know what an ICO

    7 Rules of Savvy ICO Investors: How To Pick The Right Project To Participate In

    | 2017/10/19 1:00 pm
  • Japan’s Financial Services Agency allows Bitcoin to be used to pay for goods and services in the country as part of an effort to foster a growing Fintech industry despite a glaring lack of any significant investment. The Japanese Financial Services Agency announced earlier in the year that they would begin allowing payment for goods and services in bitcoin and require cryptocurrency exchanges to be licensed and audited, giving Bitcoin an actual approval when other

    Japan’s Embrace of Bitcoin Masks Lack of Fintech Investment

    | 2017/10/19 1:30 am
  • Jameson Lopp, an engineer with BitGo, was the victim of swatting after someone called in a fake hostage situation to the police. It’s nothing new to see an argument break out on the internet. In fact, it’s insanely routine, but a lot of people do take it too far and engage in massive flame wars and even more. A disturbing trend called “swatting” has emerged over the last few years, which occurs when someone phones

    BitGo Engineer Jameson Lopp Swatted for Bitcoin Views

    | 2017/10/18 12:00 pm
  • Dutch Bank ING released a report complaining about the energy amount that the average Bitcoin transaction consumes. When it comes to Bitcoin, some people just aren’t happy unless they’re finding something to complain about. The fact that it’s essentially a revolution in finance and individual liberty isn’t important. What is important is what they consider the drawbacks of Bitcoin to be. The most recent example comes from the Dutch bank ING, who just released a report

    Dutch Bank Complains About How Much Electricity Bitcoin Uses

    | 2017/10/16 2:30 pm
  • In a recent tweet the founder of Wikileaks, Julian Assange, stated that the Bitcoin donations that Wikileaks has received are now worth more than $22 million. Assange: ‘My Deepest Thanks’ Wikileaks and its founder Julian Assange have been all over the news in the last couple of years. The most recent leaks published by  Wikileaks were the 2016 DNC email leaks, which according to political experts, heavily influenced the 2016 U.S. elections. In a recent tweet, the founder

    Wikileaks Donations Now Worth Over $22 Million Thanks to Recent Bitcoin Price Surge

    | 2017/10/16 11:00 am
  • Apple is internally expanding tests of its new Apple Pay Cash feature, thus further intensifying the battle for the supremacy of the mobile payment ecosystem. Moreover, Bitcoin’s advances and Apple’s latest efforts further underscore the obsolescence of the banking industry. Bitcoin, Apple, and Peer-to-Peer Payment Solutions Apple is enhancing its Apple Pay application by adding the Apple Pay Cash feature to facilitate person-to-person money exchanges. According to Apple’s website: You can make secure purchases in

    In Apple’s Battle for Supremacy in the Payment Ecosystem, Bitcoin Will Win

    | 2017/10/16 1:15 am
  • Police in Jamaica say that human traffickers are increasingly turning to Bitcoin and other cryptocurrencies in order to hide the money trail and avoid law enforcement. We live in a world of progress and are surrounded by the miracles of modern technology. Food is grown in areas that were once barren, and we can communicate with people on the other side of the world in an instant. Yet for all our continuing march towards a

    Police Say Human Traffickers are Turning to Bitcoin

    | 2017/10/15 1:00 pm
  • Even though Bitcoin has been rapidly rising in the last days, Jamie Dimon thinks that the decentralized cryptocurrency has no future. Does Bitcoin Have a Future? Many experts and analysts were very skeptical with the sudden price surge of Bitcoin. The popular cryptocurrency had a very impressive price surge this week. Bitcoin hit a new all-time high of $5,835 and a market capitalization of $97 billion. Financial analysts like Novogratz believe that this is just the

    Jamie Dimon: ‘Governments Will Crash Bitcoin’

    | 2017/10/15 10:45 am
  • One of the biggest issues emerging in the Bitcoin space over the last few months is the monstrous transaction fees that users have to pay in order to transfer funds from one address to another. This week we’ll show you how to send a Bitcoin transaction for less than ten cents. As Bitcoin rises up above $5000 for the second time, Bitcoin fees for a single transaction have gone up as high as $10. Therefore,

    How to Send a Bitcoin Transaction for Under Ten Cents

    | 2017/10/14 12:00 pm
  • Reflecting investors’ optimism, Bitcoin and world financial markets are setting record highs almost in sync. On October 13, 2017, Bitcoin hit an all-time high value, breaking through the $5,800 USD mark. On the same date, global stock market indexes showed a significant surge, stretching to record highs. Bitcoin and Stock Markets’ Spectacular Bullish Momentum Bitcoin’s market value, the total dollar value of all bitcoins in circulation, is becoming substantial as it hits $96.7 billion USD.

    Optimism Drives Bitcoin and Stock Markets to New Record Highs

    | 2017/10/13 10:30 pm
  • Bitcoin’s orbital trajectory hit a high of $5800 this week, giving the coin a market cap valuation close to $97 billion, listing the digital currency ahead of companies such as Goldman Sachs, Nike, and Bayer. Bitcoin’s rise continued apace yesterday, breaking through the $5,000 mark before going on to hit an all-time high of $5,800. The resulting weekly chart is pictured below showing the tallest weekly green candle growth in the coin’s history. The unprecedented

    Bitcoin’s Meteoric Rise Results in Market Cap Bigger Than Nike, Bayer, Goldman Sachs

    | 2017/10/13 12:30 pm
  • A man from the Netherlands is betting that the value of Bitcoin will multiply in the upcoming years, and he has sold everything his family owns to make that bet. A lot of people are betting on Bitcoin becoming even more accepted and entrenched in the marketplace, even global financial institutions like Goldman Sachs. However, one man in the Netherlands is really going out on a limb on the perceived rosy future for Bitcoin. Didi

    Dutch Man Gambles on Bitcoin by Selling Everything His Family Owns

    | 2017/10/12 9:31 pm
  • Nordic Law, a Finland-based law firm today announced that they will begin accepting Bitcoin payments, citing client interest and adapting to new business environments as the reason for the move. Nordic Law, a Helsinki, Finland based law firm specializing in business and tax law, made the announcement today on both Twitter and their company website that they are now accepting Bitcoin as a method of payment for their legal services. #NordicLaw accepts now #bitcoin payments!

    Nordic Law Firm Begin Accepting Bitcoin Payments For Legal Services

    | 2017/10/12 1:45 pm
  • Bitcoin entrepreneur and investor Trace Mayer believes Bitcoin will hit $27,395 by next February according to his own analysis using a 200 Day Moving Average. Let’s be clear – there is absolutely no shortage of Bitcoin price predictions floating around the internet. A quick Google search these days yields no shortage of financial experts utilizing fundamental analysis, technical analysis, and Bayesian regression techniques to produce forecasts as far-ranging as the methods they employ. And let’s not

    Bitcoin Price to Hit $27K by February? Investor Trace Mayer Thinks So

    | 2017/10/12 1:00 pm
  • Bitcoin price soared past the $5,000 mark today, reaching a current all time high of $5,188 on the GDAX exchange.  Bitcoin’s price rocketed through the psychological $5,000 barrier, reaching an all time high, at the time of writing of $5,188. Relative strength technical indicators do show that the currency has been overbought now for three days, however, the price shows no sign of stopping. With recent speculation by investors of $10,000 bitcoin in six to

    Bitcoin Price Rockets Past $5000 to New All-Time High

    | 2017/10/12 6:40 am
  • Vanuatu, an island nation in the South Pacific Ocean, has enacted a citizenship policy where anyone who pays  $20,000, or the equivalent in Bitcoin, can become a citizen of the country. The announcement marks the first time that a country’s citizenship can be bought with Bitcoin, setting an exciting precedent for the still relatively nascent currency. The move comes as people increasingly adopt a more globalized outlook with a rise in people seeking as many as

    Vanuatu Citizenship Offered For Under 50 BTC

    | 2017/10/11 1:15 pm