Search Results for: digital currency
Bitcoin At Tax Time: What You Need To Know About Trading, Tipping, Mining And More
December 17th, 2015
If you have come into possession of Bitcoin or any other digital currency such as Ripple or Litecoin that is “convertible” to a real currency or can be used to pay for goods and services, it may seem virtual. But ...
Central Bank of Kenya says Bitcoin and similar products are not legal tender in Kenya
December 16th, 2015
Central Bank of Kenya says that public should desist from transacting in Bitcoin and similar products. According to the CBK’s release: The attention of the Central Bank of Kenya (CBK) has been drawn to media reports on the use, holding and ...
Bitcoin’s Creator Satoshi Nakamoto Is Probably This Unknown Australian Genius
December 9th, 2015
Even as his face towered 10 feet above the crowd at the Bitcoin Investor’s Conference in Las Vegas, Craig Steven Wright was, to most of the audience of crypto and finance geeks, a nobody. The 44-year-old Australian, Skyping into ...
GOLDMAN SACHS: ‘The Blockchain can change… well everything’
December 4th, 2015
Goldman Sachs is a big bull on blockchain, the distributed ledger software that underpins digital currency bitcoin. In an “Emerging Theme Radar” note sent to clients on Wednesday, the bank says: “While the Bitcoin hype cycle has gone quiet, ...
Barbados Central Bank Should Consider Holding Bitcoin
December 1st, 2015
Two Barbadian economists have concluded that the country’s central bank may want to consider holding a small amount of bitcoin as part of its portfolio of foreign reserves. In a new working paper, the authors examine the potential role cryptocurrencies could ...
Bitcoin Price Surges by 12%, Setting Weekly High
November 27th, 2015
The price of bitcoin jumped 12% today, setting a weekly high of $368.51 at 12:30 (UTC). According to the CoinDesk USD Bitcoin Price Index (BPI), the digital currency opened the day at $328.98 before increasing $40. The price has shed about $20 from its intra-day peak, trading around ...
Nasdaq to develop blockchain services in Estonia
November 16th, 2015
Exchange and clearing house operator Nasdaq Inc plans to develop several applications for blockchain, the technology underpinning the digital currency bitcoin, using its Estonian settling and clearing business, a senior Nasdaq executive said on Friday. The blockchain is a ...
Bitcoin Price Goes Beyond $400: How High Will it Go?
November 6th, 2015
The price of bitcoin has shot up again! The steady increase of everyone’s favorite digital currency doesn’t appear to be a fluke. Bitcoin has been on the move practically every week over the last month. Now, in just a matter ...
Bitcoin’s price jumps more than 70% in one month
November 4th, 2015
Bitcoin, the world’s most popular digital currency, has been on a roll — but no one is really sure why. After dipping well below $200 in January, bitcoin traded at more than $410 Tuesday afternoon before cutting some of ...
Bitcoin Is Suddenly Surging Again
November 3rd, 2015
And there are various theories behind the rise. Bitcoin is back in the news, but this time it seems to be for all the right reasons. After a blockbuster 2013, the digital currency tumbled throughout 2014 on negative headlines, such as the February ...
