Search Results for: blockchain technology
The first cryoptocurrency miner in the world to offer shares through an initial public offering
January 14th, 2016
After months of delays, Australian bitcoin company Bitcoin Group will finally make its share market debut in February. The Melbourne-based company is the first cryoptocurrency miner in the world to offer shares through an initial public offering, which opened ...
Banks Still Closing Accounts Over Bitcoin Activity
January 11th, 2016
Finding a bank that makes it easy to buy and sell bitcoin continues to be a challenge. The problem doesn’t come as a surprise to CCN readers, given that some major banks have questioned the need for bitcoin. (Some ...
The ‘Bitcoin Island’accept the digital currency for everyday transactions
January 4th, 2016
Bitcoin: How the Isle of Man is leading a cryptocurrency revolution A scattering of businesses on ‘Bitcoin Island’ accept the digital currency for everyday transactions alongside sterling Like most coffee shops, Java Express in Douglas offers its clientele ...
Visa: Why 2015 was the year for payments
December 28th, 2015
2015 was definitely the year for payments. The sector saw transaction volumes grow an average of nine percent. New players like Apple joined the game. Others like Samsung and Google limbered up on the touchline. The fintech trend really swept the ...
Analysis – Record highs predicted for bitcoin in 2016 as new supply halves
December 23rd, 2015
2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason – slower growth in the money supply. Bitcoin ...
How banks are trying squelch Bitcoin’s momentum
December 21st, 2015
There is no question that Bitcoin is causing a lot of worry and hand-wringing in the banking sector — and in national governments uncertain of how to regulate it. It is, after all, a highly disruptive technology — one ...
Germany’s Finance CEOs Don’t Think Bitcoin Will Go Mainstream
December 8th, 2015
A German telecommunications trade organization has published a new survey that shows little enthusiasm for bitcoin among financial executives. The survey, carried out by the research arm of the German Association for Information Technology, Telecommunications and New Media (Bitkom), was put ...
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 ...
Bitcoin to be 6th largest reserve currency by 2030: Research
November 5th, 2015
Bitcoin industry insiders have issued an optimistic prediction for the cryptocurrency over the next few decades, suggesting it could be as widely used as the Swiss franc or the Australian dollar. U.K.-based Magister Advisors, which advises the technology industry ...
The Bitcoin Startup Boom Comes Back Down to Earth
October 27th, 2015
Growth in venture capital flowing to bitcoin startups slowed substantially last quarter, and startups are feeling the pinch. Jeff Garzik has spent the past several months pitching investors on a pretty out-there startup idea. He proposed building computer servers ...
