Coin News

Despite a steady drop in the Bitcoin price following the beginning of #BitcoinBlackFriday around the world, the Bitcoin price seems to be on an uptrend as the day draws to a close. The low from earlier today was ~$358, and the Bitcoin price has quickly jumped to ~$381 on Bitstamp. The site bitcoinblackfriday.com has had an […]

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Purse.io, the Bitcoin startup that bridges the gap between Bitcoins and the famous retailer Amazon.com, has just announced a $300K fundraising round yesterday.  Several well-known figures in the Bitcoin community such as Roger Ver and Bobby Lee (BTC China) took part in this round alongside Venture capitalist firms such as FundersClub, StrongVC and Yang Ventures. Also […]

The post Bitcoin Startup Purse.io Looks to Expand after Raising $300,000 appeared first on CryptoCoinsNews.

 Recently, PayPal announced several partnerships aimed towards enabling certain PayPal merchants to be able to accept Bitcoin as a form of payment from their customers. This was a significant announcement on multiple fronts as many had wondered if and what PayPal’s foray into the crypto-currency space would be. Read More

The Arnhem Bitcoincity project in the Netherlands now includes a local Spar supermarket.

Bitcoin made a brief cameo in Horrible Bosses 2, a new comedy from Warner Bros. Although the film portrays a negative stereotype of Bitcoin, the pop culture reference indicates Bitcoin is making its way into the mainstream consciousness. Also Read: Bitcoin Film Review: The Rise and Rise of Bitcoin (2014) Bitcoin Featured in Horrible Bosses […]

The post Horrible Bosses 2 Features Bitcoin Cameo appeared first on CryptoCoinsNews.

This month I bought my first flight with Bitcoin, using ABitSky. Purchasing the flight was quick and easy, and the price was good. Founded in 2002 and based in Vilnius, Lithuania, ABitSky sells all its flights in Bitcoin since August 2014. “Looking for cheap flights? Well, we want to help you! Cheap flights search engine […]

The post Fly Cheap and Easy with Bitcoin appeared first on CryptoCoinsNews.

 News junkies of the world may be forgiven for becoming the latest tech skeptics: 2014 has been a year of global mayhem. Instead of creating a connected civic safety net, it seems like tech platforms simply amplified messages and images from ungovernable parts of the world. Boko Haram kidnapped girls in Nigeria, and we fought back with mostly futile hashtags. ISIS broadcast its brutality… Read More

Global charity Save the Children has started accepting bitcoin through payment processor BitPay.

HTMLCoin, the X15 altcoin that is accepted by merchants alongside DOGE and MEC via Coinpayments.net, CoinToPay, and Casheer, is presently facing serious market troubles in terms of the Bitcoin markets. Massive sell walls are presently in place that are doing nothing for the progress of the currency as a whole. The coin is also a […]

The post HTMLCoin Facing Massive Sell Walls appeared first on CryptoCoinsNews.

HTMLCoin, the X15 altcoin that is accepted by merchants alongside DOGE and MEC via Coinpayments.net, CoinToPay, and Casheer, is presently facing serious market troubles in terms of the Bitcoin markets. Massive sell walls are presently in place that are doing nothing for the progress of the currency as a whole. The coin is also a […]

The post HTMLCoin Facing Massive Sell Walls appeared first on CryptoCoinsNews.

HTMLCoin, the X15 altcoin that is accepted by merchants alongside DOGE and MEC via Coinpayments.net, CoinToPay, and Casheer, is presently facing serious market troubles in terms of the Bitcoin markets. Massive sell walls are presently in place that are doing nothing for the progress of the currency as a whole. The coin is also a […]

The post HTMLCoin Facing Massive Sell Walls appeared first on CryptoCoinsNews.

The process of mining Bitcoin is energetically costly. Besides the problem with cooling of hardware, there is also the issue of the amount of energy that the hardware needs to the process of mining. There are developments taking place on the cooling issue, with some innovative solutions like immersive cooling. Bitcoin mining set in place […]

The post Bitcoin Mining and Wind Turbines appeared first on CryptoCoinsNews.

A bitcoin-only auction and sales site has launched with a worldwide customer base and will soon implement advanced wallet features.

Bitcoin Black Friday 2014 is looking to be a bonanza for cryptocurrency spenders. Here is CoinDesk's pick of the deals.

SETI@home, started in 1999, is one of the first crowd-source citizen science project. This citizen science endeavor is dedicated to finding candidate signals from alien intelligences, which is a project with a really huge potential payoff if successful. You can now support the project with a Bitcoin donation. SETI@home searches for possible evidence of radio […]

The post Support SETI@home, the First and Perhaps the Most Important Crowd Computing Project appeared first on CryptoCoinsNews.

Robocoin Bitcoin ATM operators now have a new attractive alternative to abiding by Robocoin’s new compliance standards. In response to Robocoin’s move to enforce AML/KYC compliance for all of its ATM operators (even non-American ones), some Bitcoin enthusiasts have banded together to port Lamassu’s open source Bitcoin ATM software to run on Robocoin’s hardware. Currently, the Lamassu […]

The post Robocoin Bitcoin ATMs Can Now Run Lamassu Open Source Software appeared first on CryptoCoinsNews.

Arnhem, the capital of the province of Gelderland and one of the largest cities in the Netherlands, has the first supermarket where you can pay in Bitcoin. The Spar Arnhem Centraal started to accept Bitcoin this week. Spar Arnhem Centraal, opened in March 2014, is a relatively new supermarket near Arnhem central station and the […]

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Good morning! Here is what you need to know before your first meeting of the day.

1. The European Parliament voted to break up Google because it is too monopolistic. Don't worry, it will probably never happen. Google has, however, leveraged its dominance to distort non-search markets in the past, so you can see why this vote happened. 

2. Inflation numbers for Europe are due out today. We're expecting a new low of less than 1%. The eurozone is flirting with deflation, the nightmare scenario we told you about recently.

3. Japan's bond yields went negative as the BoJ fights deflation. The central bank is purchasing assets in order to ease Japan out of recession. Reuters says: "The two-year JGBs traded at the yield of minus 0.005 percent JP2YTN=JBTC. Negative yield is an unusual, but not uncommon occurrence - record-low interest rates in Europe, for instance, have flipped bond investing on its head with Germany and Switzerland seeing negative yields." Japan's recovery is at risk as inflation came in at a new low.

4. OPEC declined to cut oil production and the price of oil remains in freefall, we told you yesterday. The Saudis are beggaring everyone in their war for share of the US oil market. Non-oil producing countries are jumping for joy, of course, as everything is getting cheaper.

5. Today is Black Friday. You will go shopping. The US phenom is going global. Here are all the UK's best Black Friday deals. Here are Apple's. But the big shocker is Sainsbury's, which is slashing prices on a range of electronics to new eye-popping lows.

6. Outbrain is filing for an IPO. The Israeli adtech startup automates content recommendation on web sites. The company is looking to raise $70-$100 million, the Wall Street Journal reports.

7. Romanians became Britain's biggest new group of immigrants and Prime Minister David Cameron wants to restrict their benefits. Immigrants are streaming into the UK because its economy is still growing, unlike those of Southern Europe. Cameron would prevent new immigrants from receiving benefits for four years after their arrival, the BBC reports.

8. Egypt is expecting a wave of Muslim unrest. Bloomberg reports: "With security forces in the midst of an offensive against Islamist militants in the Sinai peninsula, an ultraconservative group known as the Salafi Front has called for a “Muslim youth uprising” after dawn prayers tomorrow. The government today began deploying units in riot gear and backed by armored vehicles, according to photos and video clips released by the military spokesman and Interior Ministry."

9. The Bank of England will raise interest rates next summer, economists predict. BofE governor Mark Carney has been threatening this for a while. (We'll believe it when we see it — some parts of Europe are still in recession/deflation, dragging on the UK economy.)

10. Uber is driving down the cost of taxi medallions in New York. The evidence is anecdotal but it would appear that the taxi app is having its intended effect of devaluing local taxi monopoly/licensing cartels. Read more in The New York Times.

And finally ...

A trailer for the new Star Wars film will be shown in some cinemas this weekend. People are going to be lining up to see it. It's Disney's first chapter in the franchise.

Join the conversation about this story »

Bitcoin Press Release: Privacy focused cryptocurrency Opal announces the development and future release of encrypted cloud storage platform Opal Drive. This comes on the heels of previous developments such as introducing the Opal Marketplace. In its continued effort to build the legitimacy and usability of cryptocurrencies in the world outside of Bitcoin, Opal has spent the last several weeks developing its unique encrypted file cloud storage platform. Pairing its development with another cryptocurrency Storj, Opal is proving that seemingly impossible goals can be achieved through cooperation. Cryptocurrency Opal will continue to seek new and innovative ways of using the latest technological innovations; whether it be through their own development or those of their future partners. As technology grows and the […]

BitCrane, a Bitcoin mining ASIC manufacturer, is proud to announce its Black Friday special. Even more exciting, BitCrane’s Black Friday special is listed on Newegg and is obviously available for purchase using Bitcoin. BitCrane has given the community the BitCrane T-110 as well as the BitCrane T-110S. Their Black Friday announcement reads: BitCrane is happy […]

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