Though the scaling debate remains in progress, bitcoin enjoyed both price stability and high trading volume in the seven days through 12:00 UTC on 11th March. Market participants traded more than 35m BTC during the seven days through 1:30 p.m. (EST), Bitcoinity figures reveal. These trends were similar to the prior week, when bitcoin prices fell […]
When Bitcoin was introduced in 2009, it was hailed as the thing for conducting anonymous transactions. Bitcoin was considered as an anonymous digital currency as using bitcoin didn’t and still doesn’t require any identity or address proof. In order to make a bitcoin transaction, all one has to do is enter the bitcoin wallet address […]
Bitcoin lending platform BTCJam is no longer taking new US customers, citing uncertainty around regulation in the country.
Bitcoin price continues edging higher in strained advance. A pullback is due. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h30 UTC Bitstamp 4-Hour Chart From the analysis […]
The Charity Commission in the United Kingdom has issued an alert toward all charities about an extortionist group demanding between £300 – £500 in bitcoin (approx. 1.03 to 1.72 BTC) or face cyberattacks, if the ransom isn’t paid up. In an alert issued toward UK-based charities today, the Charity Commission has revealed that a cyber-extortion group […]
Italian bank UniCredit has published a white paper that explores how banks could offer blockchain-based services.
In this morning’s analysis, it looked as though we would be able to implement a pretty tight range and draw profit from any volatility on the breaking out of this range. Having widened this back out again to a more apt timeframe (when compared to yesterday evening’s session) we set up our parameters and risk […]
Bitcoin and other digital currencies may be well recognized across the world for its potential to change not only the monetary system but also the whole tech industry, but they do not command the same respect when it comes to regulatory aspects. The blockchain technology, on which most cryptocurrencies are created is being embraced by […]
Last week Bitcoin Magazine reported that 11 member banks of the R3 consortium, a collaborative group of the world’s largest and most influential banks and financial institutions, participated in a pilot test of the Ethereum-based blockchain network. The banks connected on an R3-managed private peer-to-peer distributed ledger, powered by Ethereum technology and hosted on a […]
It’s a good time to be involved in digital assets in Hong Kong. In the territory’s 2016-17 budget, Financial Secretary John Tsang laid out a plan for the government to support blockchain technology development by encouraging its application in financial services, including reducing suspicious transactions and bringing down transaction costs. The 2016-17 budget aims to […]