Search Results for: bitcoin transactions
New virtual currency tied to oil takes aim at bitcoin
May 3rd, 2017
A new virtual currency launched Tuesday aims to rival industry leader bitcoin by pegging its value to hard oil assets, a first in the rapidly growing digital money sector. The currency called “bilur” and created by London-based financial services ...
Bitcoin to gain legal status in India, reports local media
April 21st, 2017
A televised news report from CNBC India on 20th April reveals that the Indian government is leaning toward granting legality to bitcoin and virtual currencies in the country amid regulations with taxes to be levied on adopters. Last week, ...
Bitcoin touches 3-week high as Russia mulls recognizing it as a currency
April 12th, 2017
The price of a single bitcoin on Tuesday climbed to its highest level in three weeks following reports that Russian authorities might recognize the world’s most popular digital currency as a legitimate financial instrument some time next year. If ...
Bitcoin Price Can Reach $500,000 by 2030, Says Snapchat’s First Investor
April 11th, 2017
Bitcoin has been leading the list of cryptocurrencies in six of the past seven years, climbing from zero to a value of about $1,180. However, the potential of Bitcoin is much higher. Jeremy Liew, the first investor in Snapchat, ...
Deloitte enables Bitcoin payments
April 10th, 2017
Deloitte is one of the many major corporations around the world keeping a close eye on bitcoin. It is good to see such a world-renowned brand promote the use of bitcoin, as it is a global payment solution everyone ...
Bitcoin Price Spikes Spurred by Chinese Capital Curbs: Australian Financial Analyst
March 29th, 2017
A prominent equities analyst at an Australian private brokerage sees China’s capital controls as a major factor behind the recent surges of the value of bitcoin. Julia Lee, an equities analyst at Australian brokerage firm BellDirect was speaking in ...
Venezuelan citizens are adopting alternatives like the bitcoin to survive
March 28th, 2017
With its economy in shambles and its national currency in steep decline, Venezuelan citizens are adopting alternatives to survive—chief among them the crypto-currency Bitcoin. But that’s not the only option that’s popping up. In the wake of the financial collapse, ...
A Bitcoin civil war is threatening to tear the digital currency in 2 — here’s what you need to know
March 27th, 2017
There’s a civil war in the bitcoin community over the digital currency’s future. Developers, miners, and other stakeholders are locked in a heated debate over how best to scale the network, with chances steadily rising of irreconcilable differences causing ...
Alert: High Bitcoin prices inspire a wave of scams
March 24th, 2017
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...
Bitcoin is back above $1,000 after plunging below $950 over the weekend
March 20th, 2017
Bitcoin rose back over $1,000 last night after it lost nearly a fifth of its value over the weekend. The cryptocurrency fell to a low of $943.06 over the weekend as a split in its developer community threatened its ...
