News

Russia Lifts Bitcoin Ban

Since the middle of the last year, the Russian government has been discussing the possible ban and criminalization of digital currency. Some Bitcoin related sites have even been blocked in a move that forced many of the Bitcoin Russian startups to close or go overseas. Last week, Russian courts overturned the ruling about blocking sites. […]

Bitcoin Price Breaks, Range Then Holds; What’s Next?

This morning we published our twice-daily bitcoin price watch analysis piece. In the piece, we speculated that – while we had seen some volatility overnight in the bitcoin price – we may get the breaking of a range during today’s action, and if so, we suggested a couple of the levels we would be keeping […]

Bloomberg Special Report Highlights Current Trends and Issues in the Bitcoin Space

Bloomberg Brief has published a Special Report about Bitcoin. Written as an introduction for financial professionals and busy investors with little previous knowledge of Bitcoin, the report gives far too much space to marginal aspects such as price swings, scams and bankruptcies. However, while the depth of the analysis doesn’t match that of recent reports […]

Bitcoin Trading Platform Bitfinex Compromised, Issues Warning

Bitcoin trading platform Bitfinex is back in the news, but unfortunately, this time for the wrong reason. The trading platform has requested its customers to desist from depositing cryptocurrencies to old deposits addresses after a suspected compromise. Bitfinex issued an announcement, Urgent action required today: “Dear Customer although we keep over 99.5% of users’ BTC […]

Plug and Play Tech Center Hosts Retail and Fintech Expo for Startups

Bringing together more than 40 startup pitches on both the retail and fintech verticals at the consortium, the Plug and Play Tech Center Expo day included three keynotes from the founder of Plug and Play Tech Center Saeed Amidi, Managing Director of Citi Ventures Debra Brackeen and founder of the Lending Club Renaud Laplanche. Saeed […]

5 Freelancers Who May Use Bitcoin-Powered Streamium to Cut Out Middlemen

The launch of Streamium was announced via Reddit yesterday. The new application from Manuel Aráoz and company was created to build a direct connection between video streamers and their viewers. Video streaming is dealt with on a peer-to-peer (P2P) basis via WebRTC, and payments for viewing a stream are made possible through the use of […]

Bitcoin Analysis: Outlook Glum

Bitcoin price has been advancing all day, and it looks like the real thing but is it? As we know, the possibility of advance is restricted by a trendline near $245. If price can advance above this level, then several alerts will ring. This analysis is provided by xbt.social with a 3 hour delay. Read […]