Coin News

The secret of making money is generally accepted to be Buy Cheap and Sell Dear. Since March 31st, Bitcoin has been slowly stabilising and increasing in value. Warren Buffett summed it up the best when he advised: “Wide diversification is only required when investors do not understand what they are doing.” The world of investing […]

The post Bitcoin value: Fortune favors the Brave! appeared first on CryptoCoinsNews.

A US Congressional committee discussed the potential impact of digital currencies on small businesses on 2nd April.

As much as Bitcoin (and other relevant cryptocurrencies) is an advanced technology, people are still waiting for the first decent mobile app to surface. Right now, Android users can download some apps that show coin values in real-time or work as a wallet. Apple users rejoice when a cryptocurrency-related app can last longer than five […]

The post Bibao: a slick Bitcoin trading and wallet app from China appeared first on CryptoCoinsNews.

Bank of Montreal's CEO has indicated that his bank is open to working with bitcoin, provided regulation is favorable.

London's first two-way bitcoin ATM has launched in Holborn, boosting easy access to bitcoin for the UK public.

As we approach tax day, many bitcoin fans may be wondering how to handle all of their newfound wealth. Given the recent ruling that BTC are property, not currency, things can get kind of hairy when mining, buying, or trading your BTC. What to do? Thankfully, folks like Tyson P. Cross are around to help. The owner of BitcoinTaxSolutions, Cross handles tax returns and offers tax planning with a… Read More

OKCoin and FXBTC are reporting that they have halted some deposit services following talks with financial partners.

The CEX.io bitcoin commodity exchange is to introduce a trade fee in two stages within weeks.

Fitch Ratings believes bitcoin is still too small to affect traditional payment systems and national currencies.

The last few weeks of March were rife with misinformation out of China regarding a mysterious notice from the PBOC supposedly sent to regional banks and 3rd party payment processors.  Original news of the notice was misinterpreted and leaked on 3/21/14 leading many to dismiss all news out of China in subsequent days.  On 3/27/14, Chinese […]

The post OKCoin, FXBTC, and BTC38 Announce The End Of Chinese Yuan Deposits Starting April 3, 2014 appeared first on CryptoCoinsNews.

PayStand launched today to provide online and mobile merchants in the US a new way to accept BTC.

Bitcoin payment provider Bitpay will be opening its European headquarters in Dutch capital Amsterdam. The office will handle sales, implementation and merchant support for all European customers. At this moment, Bitpay offers its services to 7,000 merchants all over Europe. By the end of 2014, the company has set a goal of acquiring and serving […]

The post Bitpay opens first European office in Amsterdam appeared first on CryptoCoinsNews.

Citing a shift in policy from the PBOC, Chinese exchange BTC38 announced it will suspend trading effective 2nd April.

The exchange currently trades 157 cryptocurrencies and 70,000 active users, but it hasn't added fiat currency – yet.

Austin, Texas is weird and at the Texas Bitcoin Conference, Bitcoin got a little weird. People from all over the world converged in Austin this past week to join in on the latest in the cryptosphere. The Conference was held at Circuit of the Americas, a race track appropriate for the Bitcoin world’s fast-paced nature. Mike Snow, the event organizer, made sure the conference was big just like Texas and he did a job well done. Speakers included Ravi Iyengar, Jeffrey Tucker, Andreas Antonopoulos, Anthony Gallippi, Dan Larimer and so many more too awesome to name. The Conference was set with many firsts, the first bitcoin concert (bitcoincert), the first Lamborghini bought with bitcoins was at the conference and I […]

The post Texas Bitcoin Conference appeared first on Bitcoin Magazine.

Everyone is concerned about the security of their bitcoins, and we are constantly reading stories of one or another persons getting their bitcoins stolen. Of course, following bitcoin best practices should reduce your chances of being victimized. Advice such as is described at: http://bitcoinsecurity101.com/getting-started/ is a good start. One big step forward in the improvement of bitcoin security is a little known, rarely used feature called “multi-signature”. The bitcoin core reference libraries support multi-signature capabilities and I expect to see a significant uptake in the usage of this important feature. Let’s explain what multi-signature is all about. Just like the name implies, a multi-signature transaction requires more than one signature. Let’s say that Bella has some bitcoins and needs to […]

The post I Sign, You Sign, We All Sign: Explanation of Multi-signature Transactions appeared first on Bitcoin Magazine.

The General Catalyst partner explains what bitcoin needs to make the mainstream, and why it's so popular with investors.

Congressman Jared Polis [D-CO2] has invited the bitcoin ATM company Robocoin to the United States capital for a demonstration of their hardware. While companies visiting with congress is nothing new, the wild, wooly world of bitcoin it's definitely an interesting development. Read More

On 3/25/14, a Lamassu Bitcoin ATM was revealed in Taipei, Taiwan at the Gelateria Cosi o Cosi ice cream shop.  The Gelateria is the first official place to spend Bitcoins in Taiwan and it is fitting that Taiwan’s first Bitcoin ATM should end up there.  The presence of this Bitcoin ATM flies in the face […]

The post In Opposition To The Taiwanese Government, A Lamassu Bitcoin ATM Stands Fully Functional In Taipei appeared first on CryptoCoinsNews.

PayStand, an online payment as a service vendor, has launched from its private beta selling its payment processing services for bitcoin, e-checks, and credit cards to websites in the U.S. The Santa Cruz, Calif.-based company said that its payment service can work with any website or mobile application and can be set up in under five minutes. Read More

This should cause more stomachaches about Bitcoin bulls who think China is going to be big: The FT is now reporting that the People's Bank of China might be preparing harsh Bitcoin regulations.

Several months ago, Bitcoin bulls were pointing to China as the future of the currency. But it never made much sense for the Chinese government to tolerate it. One of the primary advantages of Bitcoin is that it's good for getting around capital controls and other monetary regulations. Capital controls are one of the main tools with which China manages its economy, so naturally the government would take a hostile stance.

The regulations reportedly being considered — and this has been reported elsewhere in other media already — is that banks would be banned from letting Bitcoin companies holding accounts, basically totally shutting them off from the financial system.

The FT report says that Chinese Bitcoiners believe they can still operate in this environment, and that the real threat would be an outright ban on Bitcoin, essentially a ruling that it is simply illegal.

Bitcoin has been hit hard in recent weeks, partly due to the China stuff, as well as the recent IRS ruling on taxes, which might place an onerous burden on Bitcoin users.

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A few days ago, trading of LMB Holdings Bitcoin shares on Havelock Investments exchange had been suspended. Reason for this was “an increase of abnormal activity”. LMB Holdings is the parent company of Neo & Bee, a Bitcoin company that tries to offer Bitcoin users a bank-like experience. Just a little while ago, it opened […]

The post Breaking: Bitcoin enterprise Neo & Bee insolvent appeared first on CryptoCoinsNews.

The recent IRS Tax Guidelines on Bitcoin has everyone in a stir. If you haven’t read about it, go ahead a read it now. The full release is here. Essentially, the Inland Revenue Service will be treating Bitcoin as property for tax purposes. What this means is that you will have to pay retroactive taxes on […]

The post How the IRS Guidelines on Bitcoin may affect the Crypto-Community appeared first on CryptoCoinsNews.

Even though I was unable to find time to travel all the way to the U.S., I had the pleasure of watching Coinsummit’s live stream. Though the conference was focused on panels, there were a few company presentations. Only a couple really caught my attention in any meaningful way. One of these was Atlas ATS. Their new platform, Atlas 2.0, is a Financial Information Exchange (FIX) protocol digital asset exchange claiming to be the first to announce options on Bitcoin. The exchange platform is ‘Wall Street grade’, and, besides options, it brings a high level of sophistication: trading major alt-coins, an array of advanced native order types for FIX API clients, derivative products, multi-sig transaction wallet, and a larger selection […]

The post Atlas 2.0 Trading Platform Announces Options on Bitcoin appeared first on Bitcoin Magazine.

Paying for cool indie gadgets and gear and artisanal food with the world's first digital cash just got easier. Well, sort of

Την ίδια στιγμή που το bitcoin περνάει… κρίση κατρακυλώντας κάτω από τα 500 δολάρια και όλες οι ειδήσεις που ακούγονται είναι αρνητικές, κάποιες χώρες όχι μόνο δεν πτοούνται αλλά με κινήσεις ουσίας κάνουν το ψηφιακό νόμισμα ακόμη πιο γνωστό στο ευρύ κοινό, δείχνοντας εμπράκτως την στήριξή τους. Η τελευταία εβδομάδα σίγουρα δεν ήταν από τις […]

The post Νέα Ζηλανδία και Αυστραλία στηρίζουν το Bitcoin appeared first on CryptoCoinsNews.

Sometimes it seems the whole world is trying to bring Bitcoin down. Bad news has caused a downward trend. To change this, the Bitcoin world should start putting focus on positive things. In all the negativity Bitcoin witnessed in the past months, one country stood out with lots of good news coming from it. Today, […]

The post Biggest Aussie real estate agency accepts Bitcoin appeared first on CryptoCoinsNews.

The Federal Reserve Bank of St. Louis recently held a “Dialog with the Fed” on bitcoin basics. The events are “designed to address the key economic and financial issues of the day and to provide the opportunity to ask questions of Fed experts.” The discussions, which began in the fall of 2011, are held at the St. Louis Fed and its branches, and are free and open to the public. All discussions and presentations are archived. While the event was broadcast, video is not up yet. However, the slide deck is, and it’s surprisingly funny and insightful. It goes through some basic elements of bitcoin, a sort of “Explain it to me like I’m 5” for central bankers. Slide 6 […]

The post Federal Reserve Bank of St. Louis Really Gets Bitcoin appeared first on Bitcoin Magazine.

Over the weekend, Ross Ulbricht's lawyer, Joshua Dratel, filed a motion asking the court to dismiss all charges against the Silk Road kingpin. It's largely what you'd expect from a bullish defense attorney. But here's the twist: Dratel throws bitcoin under the bus.

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