Coin News

Russian authorities have confiscated four bitcoin mining machines from an unidentified citizen at its China border.

Overstock.com is building software, based on the bitcoin digital currency, that could allow the big-name etailer to issue corporate stock over the internet, sidestepping traditional stock exchanges such as the NASDAQ and the New York Stock Exchange. The Salt Lake City-based company recently hired two of the developers behind CounterParty—an online project that helps individuals […]

The post Overstock.com Assembles Coders to Create a Bitcoin-Like Stock Market appeared first on WIRED.

Sunday’s bitcoin price panic caused altcoin market caps to evaporate and made most altcoin prices drop as well. The litecoin price bore the brunt of the market’s wrath, falling 7% and dropping the Litecoin market cap by almost $8 million in a single day. However, the bitcoin price recovered, which in turn inflated many altcoin […]

The post Litecoin Price Fails to Rebound From Bitcoin Price Panic appeared first on CryptoCoinsNews.

Sunday’s bitcoin price panic caused altcoin market caps to evaporate and made most altcoin prices drop as well. The litecoin price bore the brunt of the market’s wrath, falling 7% and dropping the Litecoin market cap by almost $8 million in a single day. However, the bitcoin price recovered, which in turn inflated many altcoin […]

The post Litecoin Price Fails to Rebound From Bitcoin Price Panic appeared first on CryptoCoinsNews.

The novel new form of payment has advantages for businesses over credit cards for ordinary transactions

 We’re back, baby! Almost! After a precipitous drop to below $300 over the weekend, the price of Bitcoin is slowly inching up this afternoon after an interesting 31,000 BTC sell-off that blew up the market early this morning. The “wall,” which appears to have been instigated by a single Bitcoin owner or a group which they’re calling the “Bitcoin Whale,”… Read More

 Recently, an individual or group put an estimated 30,000 bitcoin onto the market at a price of $300 per coin. It isn’t clear who was behind the sale, or what their motives were, but the sale meant millions of dollars in revenue for whomever pulled the trigger. Given the number of coins that were made available at the $300 mark, then below the market price, it took quite some time for… Read More

As someone who has worked in the publishing side of free to play video games for over seven years, virtual currencies have been part and parcel of my job since about 2007. In this article, I hope to share some of the background of how virtual currencies came to be one of the key ways the games industry monetises itself, and if there’s some applicable lessons to be learned for companies and individuals looking at making a career in the bitcoin economy. The grandaddy of the modern games virtual currency is a Korean company called Nexon, and their game Maple Story. While it was not the first games company to offer currencies as Microsoft, Nintendo and Sony among others have […]

The post Video Game Virtual Currencies – The forerunner to bitcoin appeared first on Bitcoin Magazine.

The Bitcoin price drop below $300 during weekend trade on Sunday has been the cause of much consternation in the Bitcoin community. Disgruntled exchange traders are calling foul; accusations of price manipulation and collusion between exchanges abound; and, some feel that the market has finally gone to pot with no price-low being off-limits. Let’s get […]

The post Bitcoin Price Advance: Launch or Wipe-Out? appeared first on CryptoCoinsNews.

Portuguese manufacturer Bitcoin Já launched its first bitcoin ATM at an event in Lisbon this weekend.

SNAPCARD announced that they just raised a $1.5M Seed Round led by Tim Draper and Fortress Investment Group-backed Insikt Capital. Other investors are Crypto-Currency Partners, Great Oaks Ventures, BoostVC, and a long list of prominent Silicon Valley angel investors who helped shape the paths of companies like Square, Twitter, Facebook, Tesla Motors, Groupon, Yelp, and […]

The post SNAPCARD Raises $1.5 Million, Launches Bitcoin Payment Processor appeared first on CryptoCoinsNews.

Binary Financial a digital asset investment company, has chosen BitGo to provide the transfer and security of its clients’ holdings without ever possessing the private keys that bestow final ownership. BitGo is leveraging its state of the art security for both small and enterprise users to gain more clients in the Bitcoin and Cryptocurrency world. […]

The post Binary Financial Partners With BitGo For BTC-01, Bitcoin Liquidity Concierge Service appeared first on CryptoCoinsNews.

Binary Financial has debuted BTC-01, a bitcoin liquidity service that aims to target high net-worth investors and wealth managers.

CoinDesk takes a look at movements in the price of bitcoin over the past seven days.

Bitex.la is merging with marketplace Conectabitcoin as an easy onramp to bitcoin for Latin Americans.

Today First Global Credit will be announcing their professional investment service at the Inside Bitcoin Exhibition, Las Vegas. First Global Credit’s trading and investment platform promises to “bridge the gap between cryptocurrencies and global stock markets”. CCN explores the opportunities and requirements of the offering. First Global Credit’s service allows traders and investors to fund […]

The post First Global Credit Launches Bitcoin Investment Service appeared first on CryptoCoinsNews.

While searching for Bitcoin’s “killer app”, there are a few different options to consider. Something like OpenBazaar could be perfect for bringing Bitcoin’s decentralized nature to various marketplaces while a Bitcoin rewards card could offer an incentive for more people to choose Bitcoin as their preferred method of online payment. On the other hand, Bitcoin […]

The post Why Bitcoin Crowdfunding is Better and Perhaps Revolutionary appeared first on CryptoCoinsNews.

Bitcoin trading platform Coinarch has a 'reverse convertible' investment product, claiming it is the first in the bitcoin world.

In the digital age, social networking plays a central role in most people’s personal and professional lives. While social networks offer users convenience, they also allow corporations to mine user data and reap immense profits. More troubling is that government can use these networks to spy on their citizens. Gems is a new cryptocurrency-based project […]

The post Gems Seeks to Become the Bitcoin of Social Networks appeared first on CryptoCoinsNews.

14 hours ago, users began reporting about the “biggest sell wall I’ve ever seen“: a 31 000 bitcoin sell wall appeared mysteriously at 300 USD per bitcoin on Bitstamp. I must agree, this is the biggest sell wall I’ve ever seen. One thing that amazes me is how little the market has moved on those […]

The post Bitcoin Sell Wall of Death Being Chomped appeared first on CryptoCoinsNews.

ZeusMiner and Rockminer recently formed a partnership to bring both Bitcoin ASIC miners and ASIC Scrypt miners to the market. They also have used this partnership to bring both Bitcoin and Litecoin mining to ZeusHash cloud mining platform. ZeusMiner recently debuted the ZeusHash Beta test to 400 invite only beta testers. This partnership is one that […]

The post Bitcoin and Litecoin Mining Giants ZeusMiner and Rockminer on Partnership appeared first on CryptoCoinsNews.

ZeusMiner and Rockminer recently formed a partnership to bring both Bitcoin ASIC miners and ASIC Scrypt miners to the market. They also have used this partnership to bring both Bitcoin and Litecoin mining to ZeusHash cloud mining platform. ZeusMiner recently debuted the ZeusHash Beta test to 400 invite only beta testers. This partnership is one that […]

The post Bitcoin and Litecoin Mining Giants ZeusMiner and Rockminer on Partnership appeared first on CryptoCoinsNews.

The bitcoin price crashed below $300 on October 5. Although it has since climbed back above the $300 mark, the bitcoin price has fallen 6% in the past 24 hours. Because altcoin prices are coupled to the bitcoin price, most altcoin market caps have fallen dramatically. Also Read: Analysis: Bitcoin Price Crash Below $300 – […]

The post Bitcoin Price Decline Makes Altcoin Market Caps Bleed appeared first on CryptoCoinsNews.

The bitcoin price crashed below $300 on October 5. Although it has since climbed back above the $300 mark, the bitcoin price has fallen 6% in the past 24 hours. Because altcoin prices are coupled to the bitcoin price, most altcoin market caps have fallen dramatically. Also Read: Analysis: Bitcoin Price Crash Below $300 – […]

The post Bitcoin Price Decline Makes Altcoin Market Caps Bleed appeared first on CryptoCoinsNews.

Representative Kimi Cojuangco, a member of the Filipino House of Representatives, is pushing for an “e-Peso,” the Phil Star reports. House Bill 4914 would create the “e-Peso” as an online medium of exchange for Filipinos. The proposed bill would have the Filipino Central Bank research Bitcoin and other cryptocurrencies and decide what the best course […]

The post Philippines’ “E-Peso” Digital Currency Will Try to Use Bitcoin Technology appeared first on CryptoCoinsNews.

Remember Bitcoin?

There's not much to say about it, except that it's doing TERRIBLY.

Here's a chart going back to earlier this summer. Charts don't get uglier than this.

Interestingly, the Bitcoin industry continues to be quite excited about the prospects for the digital currency, and there continue to be announcements about expanding its potential usage. But for now: toilet.

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