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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

PayPal and Virtual Currency

Posted on 23 September 2014 | 9:52 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoin-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Cash Inflow In Emerging Markets Can Be Positive For Bitcoin - newsBTC


newsBTC

Cash Inflow In Emerging Markets Can Be Positive For Bitcoin
newsBTC
The same could be said for Bitcoin, though, which is still trading at a much lower price than what its value could be right now. This creates an attractive scenario for investors who are looking to keep a finger in the pie across the world. Emerging ...

Posted on 23 July 2016 | 4:00 pm

Bitcoin Becomes The New Hot Commodity For Large Investors - newsBTC


newsBTC

Bitcoin Becomes The New Hot Commodity For Large Investors
newsBTC
Some reports are making claims of how large investors are starting to flock to Bitcoin. Rumors like these have been floating around the Internet for quite some time now, although there has been little evidence to back it up. Several investors have gone ...
Large Investors Become Major Bitcoin BuyersThe Market Oracle

all 2 news articles »

Posted on 23 July 2016 | 2:30 pm

Bitcoin Price Decline Pauses Before Drop - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Decline Pauses Before Drop
CryptoCoinsNews
Bitcoin price declined, as expected, on an xbt.social confirmation signal, yesterday. Overnight, a correction pushed back to the upside in the chart. A clear instance of RSI divergence accompanied the reversal as shown by magenta lines at the price ...

Posted on 23 July 2016 | 9:50 am

Bitcoin, The Bell Tolls For Thee - Huffington Post


Bitcoinist.net

Bitcoin, The Bell Tolls For Thee
Huffington Post
As wildly exciting as the Ethereum community and ecosystem are becoming, in the back of one's mind was the realization that it is still not in the same league as Bitcoin - can't move it onto Coinbase and have it in my bank account as fiat currency the ...
Is Ethereum Wounding the Bitcoin Price's Ascent?Bitcoinist.net
Why Ethereum Succeeded Where Bitcoin FailedMotherboard
Ethereum Shoots Up As Bitcoin Drops Below 80% Market DominanceCoinTelegraph
Times of India
all 73 news articles »

Posted on 22 July 2016 | 6:00 pm

Bitcoin Price Watch; Here's Our Weekend Strategy - newsBTC


newsBTC

Bitcoin Price Watch; Here's Our Weekend Strategy
newsBTC
We've had a good week from a trading perspective in the bitcoin price, with action giving us plenty to go at on both the long and the short side. Price overnight last night was a bit rocky, with some choppy action making anything sustained pretty ...

Posted on 22 July 2016 | 10:54 am

US man jailed over bitcoin fraud scheme - BBC News


BBC News

US man jailed over bitcoin fraud scheme
BBC News
A Texan man has been sentenced to 18 months in jail for running a fraudulent Ponzi-style scheme based around the Bitcoin virtual currency. The scheme - run by Trendon Shavers - promised high returns to those who backed bitcoin-related investments.
Bitcoin Ponzi Scheme Operator Sentenced to 18 Months in PrisonCoinDesk
Trendon Shavers Sentenced in First Bitcoin Securities-Fraud CaseWall Street Journal
Texan gets one-and-a-half years in prison for running bitcoin Ponzi schemeReuters
CryptoCoinsNews -newsBTC -Phys.Org
all 30 news articles »

Posted on 22 July 2016 | 5:57 am

Bitcoin Price Watch; A Strange Night's Action - newsBTC


newsBTC

Bitcoin Price Watch; A Strange Night's Action
newsBTC
It's been a bit of a strange night of action in the bitcoin price overnight during the Asian session, and we are heading into the European open on the back of what turned out to be some pretty unpredictable action. Price traded up sharply around the ...
Why is Bitcoin Going Up? (And will it Continue...)99 Bitcoins (blog)

all 3 news articles »

Posted on 22 July 2016 | 2:30 am

Bitcoin's 'Nervous System' Gets an Upgrade With FIBRE Network - CoinDesk


CoinDesk

Bitcoin's 'Nervous System' Gets an Upgrade With FIBRE Network
CoinDesk
A long-running effort to increase the time in which data for bitcoin's transaction blocks around the world has received an upgrade. Since bitcoin was released, an array of services or solutions have emerged to meet the needs of those using the digital ...

Posted on 21 July 2016 | 2:24 pm

Halving Aftermath Points To Rosy Future For Price Of Bitcoin - Nasdaq


Nasdaq

Halving Aftermath Points To Rosy Future For Price Of Bitcoin
Nasdaq
So, “The Halving” came and went and, as I anticipated a couple of weeks ago, it was not exactly earth-shattering for Bitcoin. The price did drop slightly as a result of a somewhat predictable “buy the rumor, sell the fact” kind of pattern, but the drop ...
Mining Bitcoins Is A Surprisingly Energy-Intensive EndeavorForbes
Why Holding Onto Bitcoin Post Halving is IdealnewsBTC

all 3 news articles »

Posted on 21 July 2016 | 11:50 am

New Digital Currency Steem Provokes Doubt of Market Observers

While steemit has become the third-largest digital currency by market cap, some market observers have expressed doubts about its sustainability.

Posted on 23 July 2016 | 7:32 am

Bitcoin: The Trust Anchor in a Sea of Blockchains

Bitcoin software engineer Jameson Lopp takes a deep and enlightening dive into the unique attributes that make up blockchains.

Posted on 23 July 2016 | 6:16 am

Moody's Clients Working on 120 Blockchain Projects, Report Shows

As many as 120 blockchain-related projects are being undertaken by governments and companies rated by Moody’s, new data shows.

Posted on 22 July 2016 | 3:44 pm

Ether Withdrawals Slow as Millions in DAO Funds Remain Unclaimed

Millions in ether remain unclaimed from an account established for the purpose of allowing original investors in The DAO to get it back.

Posted on 22 July 2016 | 3:03 pm

RBI Calls on Indian Banks to Explore Blockchain

A member of India's central bank has encouraged further collaboration between banks and startups to advance blockchain tech.

Posted on 22 July 2016 | 12:00 pm

Bitcoin Developers Warn Ethereum Fork Sets Unsettling Precedent

Bitcoin Core developers are concerned that the side effects of a hard fork on the ethereum blockchain could have negative impacts on all blockchains.

Posted on 22 July 2016 | 11:20 am

So, You Want to Use a Blockchain for That?

Is blockchain data 'true'? Blockchain consultant Antony Lewis breaks down these questions and more in a new opinion piece.

Posted on 22 July 2016 | 8:57 am

Bitcoin Ponzi Scheme Operator Sentenced to 18 Months in Prison

The first federal securities fraud case involving a bitcoin investment scheme has ended with an 18-month jail sentence.

Posted on 21 July 2016 | 5:38 pm

Bitcoin's 'Nervous System' Gets an Upgrade With FIBRE Network

A long-running effort to boost block propagation times in the bitcoin network is getting an upgrade.

Posted on 21 July 2016 | 2:19 pm

Coinbase Wallet Users Can Now Buy and Sell Ether

Digital currency exchange Coinbase has added support for ethereum, letting consumers buy, sell, send and store ether in their Coinbase accounts.

Posted on 21 July 2016 | 10:18 am

Bain & Co: Banks Risk Missing Out on Digital Currency

Consulting firm Bain & Company believes banks are at risk of missing out on the adoption of digital currencies – and the revenue that might come with it. The Boston-based firm has published research that argues financial firms are effectively holding themselves back amid an environment of regulatory and technological uncertainty. The consultancy's report specifically targets international payments, stating […]

Posted on 21 July 2016 | 6:19 am

Nearly Half of All DAO Funds Withdrawn After Ethereum Hard Fork

Forty-three percent, or nearly half of all funds, associated with The DAO have now been withdrawn by former project investors.

Posted on 20 July 2016 | 2:25 pm

Petition Pushes CFTC to Clarify Rules on Blockchain 'Delivery'

A US law firm has filed a petition that argues the CFTC needs to provide clarity on the definition of "delivery" as it pertains to blockchain.

Posted on 20 July 2016 | 12:53 pm

Washington State Utility Raises Power Rates on Bitcoin Miners

A local utility in Washington State is raising power rates months after a dispute began between it and bitcoin miners seeking cheap electricity.

Posted on 20 July 2016 | 11:15 am

Ethereum Executes Blockchain Hard Fork to Return DAO Funds

Ethereum has executed a hard fork of its blockchain, returning funds lost in The DAO collapse to investors.

Posted on 20 July 2016 | 8:23 am

Mizuho to Conduct Blockchain Payments Trial With Ripple

Mizuho Financial Group announced this week it will pilot Ripple's distributed ledger technology for use in cross-currency settlement.

Posted on 20 July 2016 | 7:15 am

Europol Hosts Digital Currency Conference for Law Enforcement

The European Union's (EU) top law enforcement agency recently held a two-day conference on the subject of digital currencies.

Posted on 20 July 2016 | 6:07 am

IBM Launches Blockchain Cloud Services on High Security Server, LinuxONE

IBM has announced a cloud service for organizations requiring a secure environment for blockchain networks. According to the company, the...

The post IBM Launches Blockchain Cloud Services on High Security Server, LinuxONE appeared first on Bitcoin Magazine.

Posted on

Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why

Ethereum hard forked today. As per what seemed to be the popular demand, the protocol rules have been updated incompatibly with the existing...

The post Rejecting Today’s Hard Fork, the Ethereum Classic Project Continues on the Original Chain: Here's Why appeared first on Bitcoin Magazine.

Posted on

SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology

SAP is venturing into blockchain technology applications. The German multinational company, a market leader in enterprise application...

The post SAP and Ripple Collaborate on Cross-Border Payments Trial Using Blockchain Technology appeared first on Bitcoin Magazine.

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Funderbeam Launches Blockchain-Based Trading and Investment Platform for Startups

A year ago, Skype co-founder Jaan Tallinn and Funderbeam co-founder, Urmas Peiker, had a vision of a blockchain-trading platform designed...

The post Funderbeam Launches Blockchain-Based Trading and Investment Platform for Startups appeared first on Bitcoin Magazine.

Posted on

Dutch Bitcoin Companies Start Initiative to Adjust Proposed European Union AML-Directive

The European Commission published a draft directive last week proposing to amend existing anti-money laundering rules to include virtual...

The post Dutch Bitcoin Companies Start Initiative to Adjust Proposed European Union AML-Directive appeared first on Bitcoin Magazine.

Posted on

New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers

The European Commission published a new directive draft last week proposing to extend strict anti-money laundering (AML) regulation to both...

The post New EU Directive May Impose Anti-Money Laundering Regulations on Bitcoin Wallet Providers appeared first on Bitcoin Magazine.

Posted on

A Lawyer’s Perspective: Can Smart Contracts Exist Outside the Legal Structure?

Editor's Note: This is a guest post by Richard Howlett, Solicitor at Selachii LLP London. There can be no debate that technological...

The post A Lawyer’s Perspective: Can Smart Contracts Exist Outside the Legal Structure? appeared first on Bitcoin Magazine.

Posted on

July 23, 2016 -
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