Search Results for: digital currency
A beginner’s guide to Bitcoin; What it is, How it works, Where you can buy it?
March 6th, 2017
The Bitcoin is getting more and more publicity the last years as the controversial computer currency is used by many people and business in nowadays. As the bitcoin is getting “famous”, governments are increasingly looking about the its taxation ...
Bitcoin’s Top Rival Is Up 90% and Ready to Ditch Mining
March 4th, 2017
Ethereum’s developers set course for mining-free model Blockchain seen as potential backbone for business, finance Marco Streng’s computer servers are what make Ethereum tick. Thousands strong, they whir day and night, solving the complex math riddles that are essential ...
$1,210: Bitcoin Price Hits New All-Time High
March 1st, 2017
Bitcoin is showing no sign of dropping below its all-time highs. After trading above $1,000 for more than two weeks, the bitcoin price has now provided what analysts believe is ample evidence the digital currency’s price has established a floor ...
Danish police first to use bitcoin to jail drug traffickers
February 23rd, 2017
Danish police have become the first in the world to hunt down internet drug traffickers by analysing their bitcoin transactions. Kim Aarenstrup, the head of the Danish police’s cyber crime unit NC3, told Berlingske that police had built a ...
Bitcoin prices touch fresh 3-year high
February 22nd, 2017
The price of a single bitcoin leapt to its highest level in more than three years on Tuesday, as traders bought up coins in anticipation of the Securities and Exchange Commission’s ruling on a proposed bitcoin exchange-traded fund. One ...
The world’s first Bitcoin bank opened in Austria
February 16th, 2017
The Austrian capital Vienna has its first ‘Bitcoin bank’, located on the popular Mariahilfer Strasse shopping street. Customers can exchange cash for Bitcoin, and find out information about the digital currency. In January Bitcoin saw its value top $1,000 ...
Bitcoin price falls on news of coming from China
February 9th, 2017
Bitcoin price falls as Chinese authorities meet with exchanges Bitcoin traders are once again fearful of a crackdown in one of the digital currency’s largest markets Bitcoin prices retreated Wednesday following reports that China’s central bank is holding a ...
Bitcoin hits one-month high after drop in China FX reserves
February 8th, 2017
Bitcoin jumped more than 2 percent Tuesday to its highest since Jan. 4 amid a surge in speculative activity in Chinese exchanges after a drop in China’s foreign exchange reserves. “The volume in the Chinese exchanges is starting to ...
As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy
February 7th, 2017
If the Securities and Exchange Commission approves a bitcoin exchange-traded fund next month, it might set off a speculative rush into bitcoin. An easily accessed ETF that tracks the value of bitcoin could cause money to flood into the ...
Former Fed Employee Fined $5,000 for Using Computer for Bitcoin
January 31st, 2017
A former Federal Reserve employee was sentenced Friday to 12 months probation and a $5,000 fine after pleading guilty in October to installing unauthorized software on a computer server at the U.S. central bank. Nicholas Berthaume, who as a ...