• The Bitcoin Market was sent on a rollercoaster this weekend, keeping traders on the edge of their seats. Price was close to breaking the psychological barrier of $300, but fell short at a high of around $298. Also Read: Last Weeks Market Wrap Up Volume exceeded $80 million at one point during the week, and with the market in a bullish mood, optimism stayed high throughout the week. Wall Street influenced this heavily, with the

    Bitcoin Market Wrap Up: 3/8 – 3/15 : BTC,LTC,DRK Maintain Momentum

    | 2015/03/16 8:00 am
  • Coinapult and Factom have struck a strategic partnership! As part of the collaboration, Coinapult will leverage Factom’s technology to enhance their transparency efforts, and Factom will use Coinapult as an important part of hedging value collected during its factoid software sale. Also read: Tradle and Factom: Delivering Blockchain Economies Of Scale Peter Kirby, President of Factom, commented on the partnership, stating: Factom’s immutable ledger technology can help Coinapult create more transparent and accountable records to serve their customers

    [VIDEO] Factom Partners With Coinapult As It Preps Software Sale

    | 2015/03/15 3:00 pm
  • When it comes to Bitcoin discussions, one of the arguments you are bound to encounter is the fact that you can’t pay your real-life bills with digital currency. Technically speaking, that is always incorrect, as you can convert Bitcoin to fiat currency and pay bills. If you live in Europe, however, you can also use a service called BitBill.eu. Use Bitcoin To Pay Any Type of Bill BitBill is hybrid between traditional banking and digital currencies

    BitBill: Paying Bills with Bitcoin

    | 2015/03/14 3:00 pm
  • In a recent report by Goldman Sachs, the Chinese Yuan is now used in about 80% of Bitcoin exchange transactions. In addition to this, they stated that Bitcoin is a megatrend that could redefine the financial industry within the next decade: “Bitcoin, along with improved payment security, ‘big data’ analytics and faster payment networks are the components of a technology trend that will disrupt the payments ecosystem.” Is The Chinese Yuan Taking over Bitcoin? According

    How China Will Shape Bitcoin’s Future

    | 2015/03/14 8:00 am
  • Opening Keynote by Chris Odom   Chris Odom, the co-founder and CTO of Monetas, kicked off the Inside Bitcoins conference with his keynote, “A Practical Distribution of Risk.” He talked about the current state of Bitcoin, the problems it faces, and his company, Monetas, hopes to solve these problems. According to Odom, one of the main problems Bitcoin has is how people have assumed that Bitcoin is trustless without examining the claim with with a critical and professional

    Inside Bitcoins Berlin 2015 – Video Broadcast

    | 2015/03/14 4:45 am
  • Satoshi Bet is an established Bitcoin casino that has been online for almost 2 years. I was able to talk to the Satoshi Bet team to get more insight on their operations and shed some light on things over at Satoshi Bet.   What is Satoshi Bet, and what does it offer?   We started our activity in May 2013, so, it’s been almost 2 years since we are online. We’re still one of the

    Exclusive Interview: Satoshi Bet

    | 2015/03/13 9:00 pm
  • The 2015 Texas Bitcoin Conference will showcase a keynote delivered by George Gilder, who will discuss themes from his upcoming book, Bitcoin & Gold: Information Theory of Money. The conference will take place March 27 through 29 at the Moody Theater in downtown Austin. In his 17th book: Bitcoin & Gold: Information Theory of Money, Gilder advances his view of the existence of a disconnection between the needs of players in the global financial markets

    Texas Bitcoin Conference: The Information Theory of Money

    | 2015/03/13 3:00 pm
  • Tradle and Factom have partnered to deliver connected, blockchain-based economies of scale. This collaboration will leverage Tradle’s supply chain model with Factom’s data layer on the blockchain to provide organizations in the finance, manufacturing, distribution, and wholesale industries with the efficient means of verifying processes and coordinating activities. Also read: Factom And Tether Announce Partnership David Johnston, Chairman of the Factom Foundation Board of Directors, commented on the partnership, stating: “We are excited that Tradle has chosen Factom

    Tradle and Factom: Delivering Blockchain Economies Of Scale

    | 2015/03/13 8:00 am
  • Want to start a new Bitcoin business in California? A new legislative proposal may make you think twice. On February 27, 2015 AB 1326, was introduced by Matt Dababneh as part of the Money Transmission Act. As an Assembly member, Matt Dababneh represents the Banking and Finance Committee as Chairman. He and the state of California want you to pay $5,000 just to start your business and be considered a legal operation. Also Read:  OP-ED:

    California Bitcoin Bill May Pose Problems For Startups

    | 2015/03/12 9:00 pm
  • MicroFinance Institutions (MFI), businesses and charities providing small loans to some of the world’s poorest people, have slowly but steadily been going digital. Antonio Separovic has been at the forefront of this with his company, Oradian, which provides database and accounting software for MFIs. Last year, Separovic went to Stellar’s San Francisco offices with a problem: all the MFIs he was working with had no way to send money quickly and easily between each other. “It takes

    Stellar Plans To Improve MicroFinance Industry

    | 2015/03/12 8:00 am
  • Recently, I discovered a cool new service that allows anyone to verify an idea, document, or file on Bitcoin’s blockchain. Bitproof is one of the first companies to expand on the idea of document storage within the blockchain, one of the many uses of Bitcoin 2.0, the next generation of blockchain functionality.  Disclaimer: The author has no relation with Bitproof.io Bitproof is one of many companies participating in the Boost VC incubator in Silicon Valley. Boost VC

    Bitproof.io: Protecting IP Rights Through the Blockchain

    | 2015/03/11 3:00 pm
  • Since its founding in 2013, ShapeShift has gained popularity because of its speed and privacy. Despite its success, little was known about the company or the people behind it. Now, though, the exchange has announced the true identity of its founder and CEO: Erik Voorhees, prominent Bitcoin entrepreneur. Also Read:  Shapeshift.io launches Lens Tool Extension for Firefox In addition to this news, ShapeShift annoucned that it raised £525k (563,745 USD) from Barry Silbert and Roger Ver. “Why the

    ShapeShift Raises £525k, Reveals its Mysterious Creator

    | 2015/03/11 8:00 am
  • Silicon Valley startup 21 Inc., a company that’s managed to stay in the shadows, for the most part, announced it has raised $116 million in venture funding. Formally known as 21e6, 21 Inc. raised the most funding by any startup in the digital-currency sector, based on data from Coindesk. Two years ago under the name 21e6, the company was able to raise $5 million in venture capital. 21 Inc Emerges From The Shadows Silicon Valley

    21 Inc. Breaks Venture Bitcoin Funding Record

    | 2015/03/10 11:11 pm
  • More and more Bitcoin exchanges have been popping up in the past few months. Given the recent attacks against popular exchanges, such as Bitstamp and BTER, a lot of Bitcoin enthusiasts are looking to use alternative platforms. UMEX, a Bitcoin exchange currently in open beta, is catering towards professional Bitcoin traders with their variety of order options. UMEX – Two Rounds of Beta Testing One of the main things to consider when running an exchange platform

    UMEX Exchange Offers Several Trading Options

    | 2015/03/10 3:00 pm
  •  Bitcoin 2.0 has emerged from the altcoin craze and is offering interesting new applications for Bitcoin. These are projects and companies  are looking to capitalize on Bitcoin’s distributed network and build non-financial applications. Moving on from use cases derived from the technology’s currency and payment network, these groups are looking to use the “written in Stone” qualities of Bitcoin’s global ledger, the blockchain. Out of the numerous projects and companies that have popped up, Tether

    Factom And Tether Announce Partnership

    | 2015/03/10 8:00 am
  • Money 20/20 is the largest global event enabling payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. Bitcoinist and Money 20/20 are happy to bring you a $250 discount for tickets to the event in Las Vegas.  Bitcoinist will be at the event conducting interviews and broadcasting all the key presentations. Bitcoinist.net will also have it’s senior staff present interacting with attendees and getting their

    Money 20/20 and Bitcoinist Partnership Brings You a 250$ Discount!

    | 2015/03/09 11:03 pm
  • At the end of 2014, I published a two-part summary on the state of Bitcoin. In the first part of that report, I argued that the 2013 bitcoin price peak was actually an artificial bubble created by fraudulent trading bots on the now-defunct Mt. Gox bitcoin exchange. Furthermore, I argued that the year-long downtrend of 2014 was a symptom of the correction of the artificial Gox bubble; once Gox shut down in early 2014, the

    Review of Bitcoin in The First Two Months of 2015

    | 2015/03/09 9:00 pm
  • This author’s views do not necessarily reflect those of Bitcoinist.net. In early February, the New York Department of Financial Services (NYDFS) released their revised BitLicense proposal to the public. This revision took place following a 90 day public commenting period for the first BitLicense draft held by the department during the latter part of 2014. Recently, the Department has opened up an additional 30-day commenting period for the revised draft, in which anyone can submit

    Bitcoinist Assistant Editor’s Formal BitLicense Comment

    | 2015/03/09 3:00 pm
  • There’s never a dull moment in the Bitcoin market. This week alone, there are two Bitcoin events going on. ICE Conference 2015 and the MIT Bitcoin Expo. Both focus on Bitcoin, but in different aspects. ICE is focusing more on Bitcoin and its applicability in gambling and gaming, with the MIT Bitcoin Expo looking at a more broad view of Bitcoin with speakers like Charlie Lee and Gavin Andresen to name a couple. Also Read:

    Bitcoin Market Wrap Up 3/1 – 3/8, Bitcoin and Darkcoin Maintain Momentum

    | 2015/03/09 8:00 am
  • While I was attending the Inside Bitcoins Berlin conference over the past few days, all of the event’s guests were treated to a surprise announcement made by the people over at Block Verify. This unexpected intermezzo had everything to do with using the blockchain technology in such a way that can benefit each and every one of us : combating counterfeit products and goods. Block Verify believes the blockchain holds the technology needed to combat

    Block Verify Turns Bitcoin Into a Life-saving Technology

    | 2015/03/08 3:49 pm