Coin News

Legal experts waded into the bitcoin Vs Apple Pay debate at a New York law conference this week.

Blockstream, the new for-profit Bitcoin technology company that will be developing sidechains, already has some significant funding. As revealed by a Form D fundraising disclosure form filed at the beginning of the month, Blockstream has already secured over 15.1 million USD in series A funding, with potentially more to come. A Form D is filed […]

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Mercator Advisory Group has published a research note on global bitcoin regulation, its first on the subject.

Dr. Victor Dostov has served as the President of the Russian Electronic Money Association since 2009 and is considered one of the leading experts and managers in the Russian retail payment sector. He was one of the founders of the Paycash Group as well as a managing partner. Dr. Dostov has an extensive record and […]

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As alerted in an update following publication of yesterday’s analysis, bearish pressure has pulled the Bitcoin price into a deeper correction. The advance is on hold pending ongoing price correction. Most markets including Gold and equities are engaged in sudden counter-trend price movement – a condition that seems temporary. Note: a new BitFinex Bitcoin price […]

The post Bitcoin Price Correction – Advance on Hold appeared first on CryptoCoinsNews.

While bitcoin is a "fad", the block chain has potential, said panellists at Saxo Bank’s Trading Debates event today.

The transparent Bitcoin reserve bank, Bitreserve, will leave beta and become available to the public later this month. Halsey Minor is the tech entrepreneur that founded CNET in 1993. In 2008, he sold that company to CBS for $1.8 billion and became an investor. Minor was the largest financial backer of Salesforce.com and Grand Central. […]

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British bitcoin exchange CoinCorner has introduced a new service that allows clients to purchase bitcoin with debit/credit cards.

Lamassu has announced new compliance options for its bitcoin ATMs, citing increasing regulatory scrutiny.

Alternet Systems, Inc. announced an agreement with Wildcard Consulting Inc. to launch the first U.S. based Bitcoin debit card. The system will be designed to operate in full compliance with Banking and Federal guidelines. The first debit card product will allow consumers the option to access their bitcoins and other digital currencies. It will be […]

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The venture capitalist investor who won the US Marshall Bitcoin Auction, Tim Draper, has launched his own Bitcoin education program. The Draper University Bitcoin Course is a comprehensive online bitcoin program. Enrollment is free and students receive lifetime access to fourty two lectures, three quizzes, and seven hours of video content. Draper University is the […]

The post Draper University Bitcoin Course is Live – and Free appeared first on CryptoCoinsNews.

All year we have chronicled the various ways nation-states have chosen to mis-categorize and malign Bitcoin. The influence of fear, corporate interests, confusion, or the illusion of financial terrorism has caused many a short circuit when it comes to Bitcoin, and official government responses have run the gamut. Russia and Bangladesh have agreed to ban it […]

The post Japan Wants to be the Most Bitcoin Friendly Country appeared first on CryptoCoinsNews.

Adding to the long list of suits against downed Bitcoin exchange Mt. Gox, all of which have to wait for Japanese court action to finish in 2015, three Japanese creditors of Mt. Gox have filed a lawsuit against their former Bitcoin exchange. According to the Japan Times, The three creditors filed lawsuit in Tokyo District […]

The post Japanese Creditors Are Also Suing Former Bitcoin Exchange Mt. Gox and Mark Karpeles appeared first on CryptoCoinsNews.

ASICMiner recently debuted the Tube Bitcoin ASIC miner which we reviewed at CCN. FriedCat and his team have followed up the Tube with the Prisma. The Prisma is a 1.4 th/s miner based on the ASICMiner Gen 3 BE200 chip that the Tube miner, as well as others like the Rockminer T1 and BTCGarden V1X2, […]

The post Review: ASICMiner Returns With Prisma 1.4 th/s Bitcoin Miner appeared first on CryptoCoinsNews.

Different governments have taken different stances on Bitcoin. For example, Bangladesh has outlawed it and Germany considers it “private money.” Within the US, different states have different standpoints, as each state possesses respective laws. Japan has decided to take an interesting stance on it. Mt Gox, which was based in Japan, went bankrupt in February 2014, reportedly losing some 850,000 bitcoins (332,100,000 USD as of today).  This was the first time most Japanese people heard about Bitcoin. Now it’s a familiar term in the country. Since then, many companies have launched bitcoin related services. In March of 2014, the Japanese government made a cabinet decision on the legal treatment of Bitcoin. The decision did not rule bitcoin as currency nor […]

A collection of recognizable names from the Bitcoin space have teamed up under lead author Adam Back to release an official Sidechains whitepaper at Blockstream. Blockstream is the name of a new company dedicated to “working on trustless cryptographic infrastructure.” The paper is available for download on the new Blockstream website. The sidechains concept first hit […]

The post Sidechains Whitepaper Authors Will Conduct Reddit AMA to Answer Questions about Blockstream appeared first on CryptoCoinsNews.

Recently, the Dogecoin price has been in decline, in part due to the recent Moolah scandal (Moolah had a strong presence within the Dogecoin community). But the Dogecoin price reversed course on Monday, rising nearly 20% after Twitch announced that they now accept Dogecoin as payment for their video game streaming subscription service. Also Read: […]

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The price of a barrel of light sweet crude oil has tumbled from over $100 per barrel this summer to just around $80 per barrel this week.

Analysts have attributed this to slowing demand due to the decelerating global economy and higher supply in large part due to the US shale energy boom.

However, the US shale basins are relatively expensive to tap. And when the price of oil falls below a certain breakeven level, fracking for oil in these unconventional plays becomes uneconomical.

"[O]n a reserve weighted basis, the average breakeven for unconventional plays in the US is $76- 77/bbl, at an asset level," Morgan Stanley's Martijn Rats, Haythem Rashed and Sasikanth Chilukuru write. "At the corporate level, this breakeven is likely to be higher. This too suggests that if oil prices persist at current levels, this would likely lead to a slow down in spending. "

The analysts characterized the downside scenario of persistently low oil prices as the "capex cliff," a scenario in which energy companies cut back sharply on spending. And that in turn could ripple through the economy.

Their report included this chart of the breakeven oil prices for the various US shale basins.

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It is rare that the mainstream media shows any nod of approval toward Bitcoin and its virtually unlimited technological potential. Media superpower USA Today executed a very positive piece that shows that they did some research to find out why Bitcoin is more than just another price on the Bloomberg ticker. What they came up with is […]

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