Coin News

The Bitcoin Expo in Toronto opened today. The focus will be on decentralized applications beyond bitcoin, said organizers.

Tuur Demeester uses China's position against the US and EU to assess the behavior of bitcoin markets on the horizon.

The Bitcoin economy will be drastically different a year from now, as it is much different today than it was a year ago. Washington will have a huge effect on what direction the Bitcoin markets move, as Congress and regulators shape the rules Bitcoin stakeholders must adhere to. Additionally, the U.S. is the global financial leader and the regulations that come out of Washington likely will shape the treatment of Bitcoin in other nations. The discussions among members of Congress, the regulators of the regulators, cover a broad range of possibilities for Bitcoin. At the U.S. House Small Business Committee hearing on Wednesday, April 2, 2014, the possible future path of Bitcoin ranged from being a bubble with a close […]

The post The US Congress Examines Bitcoin appeared first on Bitcoin Magazine.

The Central European Bitcoin Expo (CEBE) is setting up to be one of the largest conferences to take place in Central Europe. Taking place in Vienna from May 31 to June 1, the expo will feature notable speakers from within the cryptocurrency space, which will provide insight into technology, international legislation and the future of virtual currency in Europe and abroad. Recently added to the list of speakers for the event were Charlie Shrem and Richard Stallman. These two virtual currency advocates will be joined by the already extensive list of speakers to be featured at the expo including, Dan Held, Adam Vaziri, David Johnson, Kingsley Edwards, Vitalik Buterin and many more. Charlie Shrem is Co-Founder and partner of BitInstant […]

The post Charlie Shrem and Richard Stallman to Speak at Central European Bitcoin Expo appeared first on Bitcoin Magazine.

A few months ago, I started reading about Bitcoin 2.0. Technology cannot stand still and, if you want it to become bigger, it is imperative that people keep developing. Because of Bitcoin’s open-source nature, this development is forever ongoing. Yesterday, Kyle Torpey reported on sidechains and what they could mean for Bitcoin and the vast […]

The post Storj: next-generation cloud storage through the blockchain appeared first on CryptoCoinsNews.

Huobi and OKCoin issued new statements today, suggesting PBOC policies could push them abroad.

Un grupo de inversores ha mostrado interés en hacerse con el control del que en su día fue el exchange de Bitcoin con mayor volumen de comercio, Mt. Gox. La cantidad ofrecida para comprar Mt. Gox es de 1 bitcoin, que en estos momentos sería el equivalente a unos 400 dólares. La oferta de 1 […]

The post Un grupo de inversores se ofrece a comprar Mt. Gox por 1 bitcoin. appeared first on CryptoCoinsNews.

Russia’s bitcoin “ban” threw digital currency enthusiasts to a point of canceling a conference, but confidence remains.

Fine art meets bitcoin cold storage in Troy Fearow’s “labour of love”, CryptoArt, a project that took the fine art dealer 8 months to construct and launch. Troy searches for and commissions high level artists, starting with Alexander Fedosov of the Ukraine, to produce fine art paper wallets in limited editions. These prints are meant for bitcoiners who wish to store their bitcoin safely and show them off in a beautiful way. And these prints are going fast. Troy refers to these 8.15 x 11 printed art pieces as “Cryptocertificates” and are the size of traditional stock certificates – a beautiful juxtaposition of old meeting new investing. They can be framed and hung on walls, or stood up on tables. […]

The post Fine Art Meets Bitcoin: The Rise of the Aesthetic Paper Wallet appeared first on Bitcoin Magazine.

In Part Two of our merchant survey series, we examine the benefits bitcoin is providing to merchant bottom lines.

Welcome back to The Weekly Doge! I must be honest Shibes; this week has been one of soul-searching for the Dogecoin community. Between the merged mining debate, and Wafflepool surpassing 51% of the network’s hashrate, we heard opinions from important voices like Jackson Palmer and Charlie Lee; unfortunately some very nasty Shibes showed their teeth […]

The post The Weekly Doge: A Turning Point appeared first on CryptoCoinsNews.

This week's bitcoin ATM roundup takes us from Helsinki all the way to the US House of Representatives.

Late last month BitScan launched their new mobile applications, including a revamp of the company’s popular iOS application. The app is completely redesigned and streamlined for speed. Furthermore, in response to customer demand, the BitScan team has also launched a mobile application for Android. This launch comes months after the company began its crowd-funding of the Android version, which reached a third of the way to its goal in just five days in early March. BitScan provides one of the largest Bitcoin directories and currently consists of over 6,000 merchants in more than 130 countries. The company believes that the continued promotion of Bitcoin commerce is key to the mainstream adoption of the virtual currency. In the months previous, BitScan […]

The post Where Do You Bitcoin? BitScan Launches Mobile Applications appeared first on Bitcoin Magazine.

Bitcoin's price has been plummeting lately, giving plenty of ammunition to Bitcoin's many naysayers. But all the talk about Bitcoin's price fluctuations misses what we at BI Intelligence think is the real value of Bitcoin — as a payments network that could provide merchants with an extremely low-cost, virtually frictionless payments system. 

In  a recent report from BI Intelligence, we explain how Bitcoin works for making transactions, from the moment when local currency is exchanged for bitcoins, to the moment when it reaches the electronic wallet of a receiving party. We look at the key advantages of Bitcoin compared to the legacy players in the payments industry and examine the challenges and vulnerabilities that Bitcoin faces as a payment network. 

Access the Full Report By Signing Up For A Free Trial Today >>

Here are some of the key elements from the report: 

• Unlike government-backed currencies, Bitcoin's elegant design places a strict limit on how many units can be created — 21 million. But each coin can be divided into 100 million pieces, which will allow it to scale as a payments technology.
• Bitcoin's daily average transaction volume stands at just $89 million compared to $16.5 billion for Visa and $9.8 billion for MasterCard. 
• In a nutshell, Bitcoin allows for the simple and secure transfer of value online, without intermediaries. There are many players in the Bitcoin ecosystem that help to make this happen, including Bitcoin exchanges, Bitcoin wallets, and miners.
• Third-party bitcoin payments processors already are stepping in to address flaws such as price volatility and the length of time that it takes the Bitcoin network to clear transactions, allowing merchants to instantly process bitcoin transactions and avoid exchange risk.
• Bitcoin faces other significant threats, though, including fraud and regulation. And right now, too much power is concentrated among a small group of miners, which opens Bitcoin up to further vulnerabilities.
• Despite the barriers, we believe the efficiency and low cost of Bitcoin in comparison to legacy payments tools — including credit cards, money transfer services, and letters of credit — will ultimately prove too tempting for merchants, individuals, and business-to-business applications to resist.

In full, the report:

• Examines the problems Bitcoin was created to solve and the elegant solutions it provides which have clear advantages over the current payments system. 
• Gives an insider's view of Bitcoin with exclusive interviews from Bitcoin Investment Trust Founder Barry Silbert and BitPay's Vice President of Marketing Stephanie Wargo.
• Explores the open questions surrounding Bitcoin pertaining to security, volatility, and regulation and provides potential answers to these questions. 
• Analyzes the players in the legacy payments system which Bitcoin has the potential to eliminate if it catches on as a transaction network. 

For full access to all BI Intelligence's charts and data on the Payments Industry, sign up for a free trial.

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The Chicago Sun-Times started accepting bitcoin this month, but digital currency orders already account for 11% of new subscriptions.

. In this week of closures, crashes and heartbleed, here are three of the biggest stories we covered on CoinDesk. Bitcoin price falls below $400: The price of bitcoin hit a low of $344 this week following deposit freezes at Chinese bitcoin exchanges. The initial drop happened after an announcement from Chinese exchange BTCTrade.com, which […]

Inicio de los rumores Desde hace unos días se está empezando a escuchar más sobre sidechains y cómo esta implementación podría cambiar el sentido de las cryptomonedas alternativas en relación a la moneda principal Bitcoin. Todo ha empezado con Adam Back, creador del concepto de “prueba de trabajo” sobre el que se sustenta la minería […]

The post ¿Qué son las sidechains y en qué afectaría a otras cryptomonedas? appeared first on CryptoCoinsNews.

The Bitcoin Investment Trust (BIT) now holds more than 100,000 bitcoins, according to founder Barry Silbert.

Już dzisiaj czyli 11 kwietnia społeczność skupiona wokół waluty QuarkCoin zaczyna zakrojoną na szeroką skalę kampanię reklamową w mediach społecznościowych we współpracy z Thunderclap. Między innymi dzięki tej platformie informacja o tej szybko rozwijającej się walucie dotrze do ponad 8 Milionów ludzi. QuarkCoin jest walutą wyróżniającą się na tle pozostałych szybkością transakcji oraz bezpieczeństwem. Algorytm […]

The post QuarkCoin pozyskał dwóch dużych partnerów appeared first on CryptoCoinsNews.

Lange Zeit war es ruhig um den QuarkCoin, doch dies könnte sich nun ändern. Das Entwicklerteam um Victor McPherson  hat einige Neuerungen um die virtuelle Währung angekündigt. Um die Öffentlichkeit auf den Coin aufmerksam zu machen wurde eine Thunderclap- Kampagne ins Leben gerufen, die eine Reichweite von über sechs Millionen Menschen nach sich zog. Auch […]

The post Analyse: Die QuarkCoin-Entwickler kündigen Neuerungen an! appeared first on CryptoCoinsNews.

U prethodnom tekstu je objašnjeno kako Bitcoin radi. Danas ćemo se pozabaviti i drugim kriptovalutama i objasniti kako ceo sistem funkcioniše u praksi. Postoji još dosta valuta pored Bitcoin-a koji je najpopularniji. Razlika među njima je protokol koji koriste da bi beležili transakcije. Bitcoin koristi SHA-256 protokol, a Litecoin Scrypt protokol. Protokolima ću se detaljnije […]

The post Uvod u Bitcoin i kriptovalute II appeared first on CryptoCoinsNews.

U prethodnom tekstu je objašnjeno kako Bitcoin radi. Danas ćemo se pozabaviti i drugim kriptovalutama i objasniti kako ceo sistem funkcioniše u praksi. Postoji još dosta valuta pored Bitcoin-a koji je najpopularniji. Razlika među njima je protokol koji koriste da bi beležili transakcije. Bitcoin koristi SHA-256 protokol, a Litecoin Scrypt protokol. Protokolima ću se detaljnije […]

The post Uvod u Bitcoin i kriptovalute II appeared first on CryptoCoinsNews.

The price of bitcoin rose on statements from the PBOC that suggest it will not seek to ban bitcoin.

Over 40 local UK shops are now accepting bitcoin via We Deliver Local, an e-commerce site for buying groceries.

Ripple wants to build the best global payment protocol, and it needs talented people in order to do that.

Gyft is pretty well-known in the bitcoin world. The service allows users to purchase digital gift cards with bitcoin or credit card for hundreds of retailers. Users can also upload their plastic gift cards to their Gyft wallet so that cards can be stored securely and retrieved anywhere with an Internet connection. And now, Gyft […]

The post Gyft Wants to Change the Way You Shop With Gyft Cloud appeared first on CryptoCoinsNews.

Un groupe d’investisseurs étroitement liés à Hollywood souhaiterait racheter et réanimer Mt. Gox, d’après le témoignage de sources proches de l’affaire.  D’après un article du Wall Street Journal, un groupe d’investisseurs incluant l’acteur Brock Pierce souhaiterait racheter Mt. Gox pour 1 BTC symbolique (397 USD/BTC à ce jour chez BitStamp). L’acquisition doit d’abord être approuvée […]

The post Un groupe d’investisseurs proposent de racheter Mt. Gox pour 1 Bitcoin appeared first on CryptoCoinsNews.

Today at 10:35 local time, OKCoin posted an announcement to their website.  The announcement was titled, OKCoin将暂停招商银行卡充值业务及应对预案公告: OKCoin Announces Suspension Of China Merchant Bank Card Recharge And Response Plan.  OKCoin revealed that they received oral notification from their bank, the China Merchants Bank, that their deposit services were to be terminated.  The Xi’erqi branch of the […]

The post Bitcoin Markets Rise On News Of Chinese Bitcoin Exchanges’ Response Plan To Bank Accounts Closing appeared first on CryptoCoinsNews.

What is Bitcoin Insanity? Bitcoin Insanity is a brand new service offering fast sales of Bitcoin for PayPal, major credit cards (Visa, Mastercard and Amex), bank wire or cashier’s check. PayPal or credit cards are indisputably the easiest method for non-Bitcoiners to make purchases over the net, yet seldom offered as options. Why is Bitcoin […]

The post Bitcoin Insanity: New Convenience Service Offers Bitcoin For Credit Card and PayPal appeared first on CryptoCoinsNews.

Leading Brazilian digital currency exchange BitInvest has launched the Coincard, a bitcoin friendly pre-paid MasterCard.

So ugly Bitcoin is.

Earlier today it in the mid $400s.

Now it's at $363.

From Bitcoinwisdom:

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Bitcoin prices fell in USD and CNY markets following reports of banking restrictions from several Chinese exchanges.

With over 2000 participants, the Inside Bitcoins New York City consisted of a refreshing mix of enthusiasts, curious business owners, venture capitalists, and regulators. The conference worked as a platform for diverse ideas. I found myself rooting for nearly all of them. Here are a few couple pictures and videos I encountered. This is by no […]

The post A Few Visuals from Inside Bitcoins NYC appeared first on CryptoCoinsNews.

 Bitcoin reached another milestone today, with the cryptocurrency falling below the $400 per-coin mark. Bitcoin sold for over $1,100 inside of the last 52 weeks. The price correction was driven by news from China, as it often has been. Fresh rumors of a government crackdown on the currency in the country, which could blunt demand and adoption, and therefore impair its value, sent the price of… Read More