Coin News

Pioneering crypto 2.0 project Mastercoin has officially rebranded as Omni in a bid to solidify its messaging in the face of criticism and competition.

Bitcoin Trading is generating zig-zagging price waves in the $200-$220 range. The sideways correction is ongoing as leveraged traders take advantage of the lucrative range-bound action. Meanwhile, at the larger daily timeframe, a combination of technical indicators have emitted a welcome trade signal. This analysis is provided by xbt.social with a 3 hour delay. Read […]

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A new bitcoin market recently came on the radar that’s looking to shake up the way people think about buying and selling bitcoin. Over the past year, the bitcoin community has been beaten by hacks and thefts all over the map due to incompetent exchanges holding their funds. From stories like Mt.Gox to Bitstamp, it […]

The post MultiSignia: The Bitcoin Market Exclusively Using Multi-Signature Wallets appeared first on CryptoCoinsNews.

The Secretary-General of OPEC just said he doesn't see oil the price of oil declining further.

In an interview on Bloomberg TV at Davos, Abdalla El-Badri said that he thinks the oil price has bottomed out: "The price will not go to $20 or $25, I think the price will stay at where we are now. We have seen this before -- prices coming down very fast and go up very slow. But prices will rebound."

However, he also said that the cut in production to stem the collapse won't come from OPEC. "Producers outside the Organization of Petroleum Exporting Countries should be first to reduce their output amid a surplus that’s pushed crude below $50 a barrel," according to Bloomberg.

SEE ALSO: Bitcoin-Wallet Company Raises $75 Million As The Cryptocurrency Faceplants

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January 21, 2015 FOR IMMEDIATE RELEASE Contact: Tyler Evans 256-539-6100 BTC Media Acquires Bitcoin Magazine NASHVILLE, TN—BTC Media LLC, parent company of financial technology magazine yBitcoin and its website www.ybitcoin.com, has as of January 21, 2015 completed the purchase of Bitcoin Magazine from Coin Publishing LLC. Bitcoin Magazine is the first publication devoted exclusively to Bitcoin, the digital currency that burst onto the international economic scene as open source software in 2009. Magazine founders Mihai Alisie and Vitalik Buterin published their first issue in May, 2012 and later joined forces with Orlando, Florida-based Coin Publishing LLC to produce 22 issues. The magazine is mailed to subscribers worldwide, sold at Barnes & Noble bookstores and published online at www.bitcoinmagazine.com. BTC Media […]

The post BTC Media Acquires Bitcoin Magazine appeared first on Bitcoin Magazine.

PayPal's Techxploration event is a monthly meetup held by the payments company. This month, bitcoin was its focus.

Following Coinbase's record $75m round yesterday, CoinDesk looks back at the previous largest investments in the bitcoin space.

Robert Faiella, whose online alias was “BTCKing,” who worked for Silk Road as an underground Bitcoin currency exchange agent, was sentenced today to four years in prison. This was announced by Preet Bharara; the United States Attorney for the Southern District of New York. The sentence was for his part in aiding and abetting the […]

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UK Only Article:  standard article Fly Title:  The Economist Rubric:  A selection of articles published on economist.com over the last week The ECB’s new QE programmeThe European Central Bank launched a programme of quantitative easing in the euro zone, involving large-scale purchases of sovereign bonds.How bitcoin mining worksAs the bitcoin price continues to fall, sceptics have started to wonder what will happen to the industry underpinning this digital “crypto-currency”. Hundreds of thousands of computers have been built to “mine” bitcoins. How do they do it? To the manor shornWhen Britain’s Liberal Democrats originally proposed a “mansion tax” in 2009, it hit a nerve with the electorate. The party has since reiterated its pledge, and the Labour Party has followed suit. But what counts as a mansion outside London? Business travel: Women-friendly hotelsWhat makes a hotel “female-friendly”? Richard Branson, a mogul who has just launched a new hotel chain, claims to knowCulture: "Still Alice"Julianne Moore is almost unwatchably good in “Still Alice”, an average film elevated by its tremendous, gut-wrenching central performanceReligion: ...

Bitspark has rolled out its second bitcoin-powered remittance service in a month, catering this time to Indonesian workers in Hong Kong.

The article on Bitcoin in the world-renowned daily periodical, the New York Times, written by Edward Hadas, has all the earmarks of a throw-away entry. Low in content, yet high on opportunity. If anything, the article is a victim of disinterest by the author. Like many things in the United States, the content used to […]

The post “Bitcoin is a Victim of Disinflation” – What’s the US Dollar a Victim of? appeared first on CryptoCoinsNews.

One thing, which can be certain within the bitcoin world, is that some events are so extraordinary that they seem like fiction. An event, which you may or may not have been following these last couple of years, is the case of Silk Road and Ross Ulbricht. The Silk Road was a notorious underground (or […]

The post Silk Road And Ross Ulbricht, The Trial Continues appeared first on CryptoCoinsNews.

David Andolfatto, vice president of the Federal Reserve Bank of St. Louis, came out Monday with some words that should be encouraging to the Bitcoin world. He said that the open-source, transparent, decentralized management of the blockchain, the ledger that underpins all Bitcoin transactions, is a “stroke of genius.” He believes the Federal Reserve could […]

The post Official Says Federal Reserve Could Benefit from the Bitcoin Blockchain appeared first on CryptoCoinsNews.

It wasn’t long after the announcement that Coinbase raised $75 million in funding that Gyft announced they’ve modified their platform to work with the Coinbase wallet. Now that they allow for the purchase of bitcoins through different bitcoin methods, Gyft joins the ranks of the few companies that allow for this kind of diversification. “Gyft […]

The post Gift Card King Gyft Teams Up with Coinbase for Seamless Transactions appeared first on CryptoCoinsNews.

Robert Faiella, the bitcoin trader charged alongside BitInstant CEO Charlie Shrem, has been sentenced to four years imprisonment in a New York court.

In a new interview, BBVA Ventures' Jay Reinemann discusses his firms investment in Coinbase and what his means for its parent bank.

AS THE bitcoin price continues to fall, sceptics have started to wonder what will happen to the industry underpinning this digital “crypto-currency”. Around the world, hundreds of thousands of specialised computers have been built to create (or “mine”) bitcoins and, in the process, validate transactions and protect the system. How does bitcoin mining work?The aim of bitcoin—as envisaged by Satoshi Nakamoto, its elusive creator—is to provide a way to exchange tokens of value online without having to rely on centralised intermediaries, such as banks. Instead the necessary record-keeping is decentralised into a “blockchain”, an ever-expanding ledger that holds the transaction history of all bitcoins in circulation, and lives on the thousands of machines on the bitcoin network. But if there is no central authority, who decides which transactions are valid and should be added to the blockchain? And how is it possible to ensure that the system cannot be gamed, for example by spending the same bitcoin twice? The answer is mining.Every ten minutes or so mining computers collect a few hundred pending bitcoin transactions (a “block”) and turn them into a mathematical puzzle. The first miner to find the solution announces it to others on the network. The other miners then check whether the sender of the funds has the right to spend the money, and whether the solution to the ...