News

Gyft Sees Bitcoin Usage Drop By 80%

According to Vinny Lingham, CEO of digital card platform Gyft, when the company first integrated bitcoin payments they accounted for 90% of the company’s sales. Although Paypal and credit card purchases made up the remaining 10%, Mr. Lingham has stated to CoinDesk that the field has shifted dramatically. Since the initial bitcoin integreation in 2013, […]

Bitcoin Price Holding Steady

Bitcoin price has been locked in a sideways course for the past week. We wait for a decisive move in one direction or the other to give more insight into the current price pattern. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now […]

Bitcoin Price Flat; Range Trade On

In this morning’s bitcoin price watch piece we suggested that we would be looking for a continuation of the volatility we saw last week. If we got this volatility, we would take ad advantage and get in and out of the market according to our intraday breakout strategy. Action has now matured throughout the European […]

Blockchain: Answer to most questions?

Billboard recently reported that two companies, PeerTracks and Ujo, are building a system which would attempt to solve the issues that music world is finding it hard to deal with, i.e., licensing and global royalty distribution. And here is the part that will be ‘music’ to our ears as well; it plans to use blockchain […]

Commonwealth Virtual Currencies Working Group Issues Statement about Bitcoin’s Potential

This week, the Commonwealth Virtual Currencies Working Group made up of Australia, Barbados, Kenya, Nigeria, Singapore and Tonga, together with the International Monetary Fund and World Bank, concluded a three-day conference in London with a consensus: “Member states should consider the applicability of their existing legal frameworks to virtual currencies and where appropriate they should […]

Barclays to Begin Offering Bitcoin Payments for Customers, Beginning with Charities

Barclays is about to become the first mainstream bank to openly and directly support bitcoin transactions, The Sunday Times reports. The Daily Mail echoed the news for its huge readership. Barclays has been experimenting with Bitcoin and working with digital currency start-ups for some time.  Speaking at the Morgan Stanley European Financials Conference in London, Barclays’ […]

Barclays Set to Start Experimenting with Bitcoin

Barclays is set to become the first UK bank to officially accept payments in Bitcoin, as reported in The Sunday Times. The multinational banking and financial services company announced recently that it is set to become the first bank in the United Kingdom to start accepting Bitcoin as a payment method. Barclays announced that they […]