Month: April 2015

Headlines Bitcoin Price Breaks Above Long-Term TrendlineBitcoin price is slowly advancing after hitting $235 and 1440 CNY in an xbt.social forecasted breakout. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis […]

Headlines Sweden’s Nasdaq Exchange Approves Bitcoin-based ETNSweden’s Nasdaq exchange has approved a bitcoin-based exchange traded note, enabling people to invest in bitcoin without having to hold it themselves. KnCMiner Launches XBT Provider, Bitcoin Tracker OneAfter our story about KnCMiner facing class action lawsuits, several readers wrote in to thank us and share their stories as […]

Headlines Bitcoin Marketplace Purse Unveils ‘Instant’ Amazon ShoppingPurse has announced ‘Instant’, a new product that aims to broaden the appeal of its existing Amazon-based e-commerce marketplace. Coinbase Launches Bitcoin Exchange in the UKBitcoin wallet, exchange and merchant services provider Coinbase has launched in the UK. Cryptsy Needs to Get Away From Paycoin – Now“The poor […]

Headlines Bitcoin Startup Circle Seeking $40 Million in New Funding, Report SaysCircle Internet Financial is looking to raise as much as $40m as part of its latest funding round, according to a new report. Swarm Targets Blockchain Governance in Platform PivotSwarm is pivoting toward decentralized governance, a decision that finds the project shifting away from […]

Headlines (Audio) OneBit App to Revolutionize the Bitcoin Market: Interview with OneBit CEO Toby HoenischOneBit is an app for smartphones which promises to revolutionize the Bitcoin market in the near future. As previously reported here, the app will allow its users to use their Bitcoin anywhere that Mastercard PayPass is accepted. PayPass is the NFC […]

Headlines Bitcoin Paves a Way for Evolution of the SpeciesNozomi Hayase looks at bitcoin in the context of Darwin’s evolutionary theories. First Western Australian Bitcoin Exchange DWVx Partners with Westpac BankWestern Australia is an under-served area as far as Bitcoin exchanges go. West Australia alone is as large as Western Europe, a region that encompasses […]

Headlines CoinHako and BitGo Offering First Insured Asian Bitcoin ExchangeCoinHako, which bills itself as “the easiest way to buy and sell Bitcoins in Singapore,” is now also the safest way to store them, as they have contracted with BitGo to secure their wallet. BitGo, as CCN readers may be aware, is the world’s leading secure […]

Headlines Barclays Data Officer Praises Blockchain Tech at SWIFT ForumBlockchain technology is potentially “transformative”, according to Usama Fayyad, chief data officer at Barclays. Spanish Bitcoin Community Celebrates Bitcoin’s VAT ExemptionSpain’s bitcoin community is celebrating following confirmation that the cryptocurrency is exempt from Value Added Tax (VAT) in the country. Bitcoin Price Going Lower To Go […]

Headlines EU Securities Watchdog Calls for Information on Blockchain TechThe EU’s securities watchdog has issued a call for evidence to ascertain if and when blockchain technology can “enter the financial mainstream”. The Vaultoro Glass Book Approach To Bitcoin Exchange TransparencySince the close of Mt. Gox in February 2014, many exchanges have risen to fill the […]

Headlines US Police Officer Charged with Receiving Stolen Bitcoin MinersA New Jersey police officer has been arrested and charged with receiving stolen property after allegedly selling stolen bitcoin mining equipment. Has a Stanford Professor Developed a Faster, Securer Bitcoin?Stanford “Professor” David Mazières believes he has developed a faster, more flexible, and more secure alternative (altcoin) to […]

Headlines Finland Bitcoin Exchange FinCCX Now Accepts Euros and Stopped USDFinCCX, a Finland-based cryptocurrency exchange that allows users to exchange regular money for bitcoins, has begun accepting euros. The exchange is no longer accepting U.S. dollars but hopes to resume doing so in the near future. Euro acceptance makes FinCCX one of the few exchanges […]

Headlines Bitcoin Price Making Bullish MovesBitcoin price has spent several weeks near a chart support floor without making progress to the downside. Over the weekend, a change in price action has price approaching the 200MA in the 1-hour chart. A bullish sign and potentially a change in direction in the chart. This analysis is provided […]

Headlines Singapore’s Interpol Creating Digital Currencies to Fight CrimeIn a world where we are all going digital more and more every day, for shopping, entertainment, and now finance with Bitcoin, the law is looking to combat new digital criminals every day. Just like with the Internet over twenty years ago, criminals usually get the jump […]

Headlines Bitcoin in the Headlines: Child Porn and Price DisregardedThis week, bitcoin was once again associated with nefarious transactions, though this may have interestingly deflected more usual criticisms. Controversial Dark Web Bitcoin Bot Released from CustodyAn automated shopping bot designed to make purchases on dark web marketplaces using bitcoin has been released after being confiscated. […]

Headlines NYDFS Expects Final BitLicense ‘Very Soon’Two weeks after closing a final round of comment, the NYDFS suggests it’s moving forward to release the final BitLicense “very soon”. Bitcoin Price Rising From The Floor (Mind The Ceiling)The Bitcoin price moved to marginal new high today, as increasing indicator divergence and overhead resistance warn the market […]

Headlines Major US Charities Start to Accept Bitcoin DonationsMajor U.S. charities are increasingly allowing donors to contribute in bitcoin. The Wall Street Journal on Monday explored why charities such as the American Red Cross, Greenpeace and Save the Children are accepting bitcoin in an article titled, “Brother Can you Spare A Bitcoin?” The report ran […]

Headlines Can Ripple Labs Track You?The short answer is, if you use the Ripple protocol for any purpose, not only can Ripple track you, but they see it as a feature, not a bug. In comments made to the California Assembly last month, Karen Gifford and Chris Larson of Ripple Labs, in essence, threw the […]

Headlines Major Conference in Asia To Hear Different Views On Bitcoin’s FutureBilled as “The Future of Payments, Innovation, Disruption, Collaboration,” Cards and Payments, Asia 2015 will give payment professionals a chance to hear different perspectives on bitcoin and digital currency. The show, April 22 and 23 at the Suntec Convention Centre, Singapore, aims to help payment […]

Headlines Bitcoin Price Range Tapering Above SupportUneventful Bitcoin price action was livened up, today, by a spiking low to just above support. Price quickly returned to the vicinity of its 15-min 200MA and has been zigzagging in a slight upward trajectory ever since. This analysis is provided by xbt.social with a 3 hour delay. Read […]

Headlines Coinbase was the Target in SendGrid CompromiseFor the second time in two years, SendGrid was compromised for the specific purpose of targeting a Bitcoin company. This time, the target was the exchange Coinbase, whose customers received an e-mail this week that said: BTCGAW Threatened to Send Child Porn & Stolen Credit CardsBitcoin-purchasing BTCGAW Inc., […]

Headlines GAW Miners Facing $346,000+ LawsuitGAW Miners, the often embroiled cloud mining and hardware production company, is presently facing a lawsuit in the Southern District of Mississippi, Eastern Division, in the amount of $346,647.29 “plus all pre- and post-judgment interest, costs, and attorneys’ fees.” The lawsuit centers around GAW’s unpaid electric bills to Mississippi Power […]

Headlines GAW Miners Sued for Breach of ContractA Mississippi electric utility company has filed suit against GAW Miners for non-payment and breach of contract. New Jersey to Begin with Double Taxation of BitcoinNew Jersey is known for many things. As a burial ground for New York mobsters. Home to an impressive array of environmentally toxic factories. […]

Headlines Bitcoin Foundation to be Split in HalfFollowing the issues raised over the weekend by one of the new Directors of the Bitcoin Foundation, Olivier Janssens. The Bitcoin Foundation, through Patrick Murck (Executive Director), has released their strategic proposal that was presented to the board earlier this year ( an assumption is that it was […]

Headlines Australian Central Bank: Bitcoin Regulation Not Worth the CostThe Reserve Bank of Australia does not believe that bitcoin should be regulated currently, arguing such action may require international cooperation. Bitcoin Mining Company Bitmine Facing Multiple Lawsuits for Defrauding CustomersOver a year ago, CCN writer Rick Mac Gillis interviewed Kerim Chikhi, a representative of Bitmine […]

Headlines Bitcoin Price Holding But May SlipBitcoin price has held above a significant support level all day, but keeps retesting it as if not sure about moving higher just yet. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 […]

Headlines Bitcoin Value In The DoldrumsMarket trade has pulled the Bitcoin value (price) to a marginal, but not a new, low. Divergence may force another wave higher on the next low – or sooner. The situation is grim: price waves have little range and, therefore, do not allow profitable trade. Additionally, there is market indecision […]

Headlines Paybase to Shut Down Operations; Dept. of Justice InvolvedThe issues at Paybase, Paycoin and GAW Miners that have festered over the past month have now finally come to a head. Paybase will be ceasing operations on April 30th, 2015, in accordance with a SEC and DOJ investigation into the actions and business practices of […]

Headlines YouTube Bug Let Security Researcher Delete Anyone’s VideosGoogle just fixed a critical security vulnerability in YouTube that would have allowed a malicious user to delete anyone’s videos. The bug, discovered by Russian security researcher Kamil Hismatullin, made it possible to delete any and all videos on YouTube with just three simple lines of code. Hismatullin’s […]

Headlines Brawker CEO Cyril Houri Departs in Management ShakeupCEO Cyril Houri has left bitcoin buying service Brawker following a management shakeup. Coinbase Seeks ‘Invasive’ Details on US Bitcoin Mining OperationsCoinbase’s compliance office is seeking to acquire operational information from bitcoin mining companies based in the US. Bitcoin API Startup Gem Raises Funding Total to $3.3 […]

Headlines Online Billing Service Invoiced.com Now Accepts BitcoinInvoiced.com, a billing service that allows businesses to create invoices and accept online payments, has started to allow its customers to accept bitcoin in addition to other forms of online payment. The system’s customers can offer their own customers the option of paying in bitcoin in addition to […]