31 May 2015

Headlines Your Ideas Don’t Matter to BitcoinPeter Todd went on the Let’s Talk Bitcoin show yesterday and said something that hit home: Satoshi was wrong about some things. Now, Satoshi was a technologist, that is, a sort of scientist. He’d love to have been wrong, it would give him an opportunity to find something new. […]

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30 May 2015

Headlines Former Exec Hits Back at OKCoin Amid Contract DisputeMore details emerged in the ongoing dispute between OKCoin and Roger Ver after former OKCoin CTO Changpeng Zhao released a statement. Bitcoin-Xt Pushing Ahead With Bigger BlocksEach transaction that occurs on the block chain takes up a little bit of space, and these transactions all get […]

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29 May 2015

Headlines Bitcoin in the Headlines: A Clash of EconomicsDespite featuring its fair share of salacious material this week’s news cycle was more mature in its assessment of bitcoin as a financial technology. Bitcoin Mining Hardware Producer Bitmine Declares BankruptcyBitmine AG, the Swiss Bitcoin mining hardware producer which CCN recently reported was facing multiple lawsuits in […]

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28 May 2015

Headlines Pinn Wins Top Prize for Hands-Free Bitcoin Payments AppPinn placed first at a recent demo day for a solution that enables bitcoin and fiat payments without the user every touching their cell phone. Bitcoin’s ‘New Frontier’ of Cybercrime Explored at Barcelona EventBitcoin attackers present “a new frontier” for cybercrime, a gathering of top security […]

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27 May 2015

Headlines Think Tank Reignites Debate Over Bitcoin Mining’s Environmental EffectsAn Australia-based sustainability think-tank has claimed that bitcoin could eventually consume 60% of annual global electricity production. Bitcoin Price Range DecreasingA longer-term view of the Bitcoin price chart shows that the moving averages are more closely compressed – and aligned – than they have been in […]

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26 May 2015

Headlines Getting to know the Silk Road Judge who will decide the fate of Ross UlbrichtRoss Ulbricht asked last week U.S. District Judge Katherine Forrest to spare him life in prison, admitting the Silk Road website was a “naive and costly idea” that destroyed his future. The 31-year-old Ulbricht expressed his regrets in a letter to […]

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25 May 2015

Headlines Bitcoin Price Dips Lower in Trading RangeYesterday’s Bitcoin price move exceeded expectations of how far it would push north in the chart. It was anticipated only to be a corrective move, but there were moments when it looked to be building up to a surge. In the end, it was corrective across exchange charts, […]

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24 May 2015

Headlines Bitcoin Price Drifting SidewaysIn the ongoing correction below significant chart resistance near $243 (Bitfinex) and 1507 CNY (BTC-China), the Bitcoin price chart is unfolding a complex corrective price pattern. Today’s summary article outlines the market condition, with more extensive analysis to follow on Monday. This analysis is provided by xbt.social with a 3 hour […]

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23 May 2015

Headlines Lawsky Defends New York BitLicense, Supports Both Consumer Protection and Bitcoin InnovationBenjamin M. Lawsky, soon to be departing as top regulator at the New York Department of Financial Services (NYDFS) to start a consulting business, defended his bitcoin licensing rules that have drawn criticism from bitcoin advocates, according to a report in Wall Street […]

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22 May 2015

Headlines Payment Processor Unveils Bitcoin Startup at Plug and Play ExpoEuropean payment processor Netopia mobilPay revealed its new bitcoin startup as part of Plug and Play’s Retail & FinTech Expo yesterday. Bitcoin in the Headlines: Nathaniel Popper Strikes Media GoldThis week, The New York Times, Wall Street Journal and Bloomberg all gave bitcoin the spotlight […]

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21 May 2015

Headlines Bitcoin Price Slowdown Decelerates To The UpsideToday’s move up appears to have reacted to compound divergence caused during the last few waves of decline. Bitcoin price is currently advancing above both the 20MA and 200MA in the 4-hour chart and this is a bullish sign, but it seems to have a ceiling below $250. […]

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20 May 2015

Headlines Citi: UK Government Should Create Own Digital CurrencyCiti has told the UK government it should consider creating its own digital currency, a newly obtained document has revealed. Internet Security Pioneer Unveils Project at Blockchain UniversityA project led by a pioneering developer of an e-commerce security protocol was among the standouts at Blockchain University’s second […]

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19 May 2015

Headlines Darkwallet and Armory Come Top in Bitcoin Wallet Privacy StudyBitcoin wallet providers Darkwallet and Armory are among the strongest on matters of financial privacy, according to a new study. Anti-State Propagandist Julia Tourianski: “How to be a Bitcoin Hater”Julia Tourianski, who grew up on a small farm in a family of small business owners […]

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18 May 2015

Headlines Three Crypto Startups Accepted onto Singapore’s FinTech AcceleratorThree crypto startups have been selected to join Startupbootcamp (SBC), Singapore’s FinTech accelerator program. Decentralised peer-to-peer marketplace DeBuNe; blockchain equity issuer Otonomos; and bitcoin wallet provider Cryptosigma will join seven other startups in the three-month programme. SBC will give each of the participating startups approximately $18,000 in funding, free office space, […]

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17 May 2015

Headlines What itBit’s Banking Law Charter Really MeansProfessor Houman B Shadab examines itBit’s recent banking law charter. Should other digital currency exchanges follow suit? Wechat Secretary Wants To Make Your Life Easier In ChinaWechat Secretary, a virtual concierge and purchasing agent, now accepts Bitcoin for its concierge services. The service allows expats in China to […]

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16 May 2015

Headlines Big News: Honduras Creating Land Title Block Chain via BitcoinOne problem that has plagued governments for centuries is the rightful ownership of property. Revolution or displacement by war have been one cause of this problem, while bold-faced theft by government officials or gangsters has been another. One day you owned it, the next day […]

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15 May 2015

Headlines Hong Kong Banks Hit By Bitcoin Ransom DemandsTwo Hong Kong banks were targeted with distributed denial of service (DDoS) attacks earlier this week by unknown parties demanding bitcoin ransoms. Xapo Moves to Switzerland Citing Customer Privacy ConcernsBitcoin security specialist Xapo has relocated its headquarters to Switzerland in a bid to boost customer privacy protections. […]

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14 May 2015

Headlines Bitcoin Price Dives LowerThe Bitcoin charts have price above a monthly pivot near $237 and 1460 CNY. Trade maintained a sideways price path since a late session drop of $10, yesterday, but as today’s session progressed traders are trying an advance. This analysis is provided by xbt.social with a 3 hour delay. Read the […]

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13 May 2015

Headlines Nirvana Producer Steve Albini Questions Smart Contracts, Appreciates Bitcoin As Technological InnovationSteve Albini, American singer-songwriter, record producer and audio engineer, perhaps best known for his work on Nirvana’s In Utero and in his band Shellac, has destroyed the concept of “smart contracts,” a potential application of the Bitcoin block chain much championed by the […]

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12 May 2015

Headlines PayIvy Acquired by Newnote for $260,000 CADNewnote Financial, the Canadian crypto conglomerate that acquired CoinTrader.net back in March, has now picked up recently embattled digital marketplace PayIvy. “Recently embattled” is a bit of an understatement, as world-renowned security analyst Brian Krebs singled them out in a recent blog post for activities of its users. […]

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11 May 2015

Headlines UK Banks Hold Blockade Firmly – Bitcoin History in the UKThe United Kingdom has been the centre of Bitcoin discussion on and off for a while now. Ranging from its lack of regulatory oversight, inclusionary attempts, taxation clarification for cryptocurrency, consultations, and meetings. All leading to the current state of waiting on what will […]

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10 May 2015

Headlines When the Government Knocks at Your DoorAttorney Jared Marx discusses what cryptocurrency businesses should do when face-to-face with a US government subpoena, interview or search warrant. Bitcoin Price Hesitates on DirectionNot sure what this Bitcoin price wave is doing… It had reverse diverged strongly to the downside and may be complete. But what exactly […]

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9 May 2015

Headlines Bitnation Prepares Launch Of Spacechain: The First Decentralized International Space ProgramBitnation now has a space program. The Bitnation Space Agency will be headed by Iman Mirbioki and experiment with drones that fly in formations in order to develop a navigational system based on a new type of Fiber Optic Gyroscopes (FOG). The program is […]

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8 May 2015

Headlines Bitcoin Price Surges Higher (& Higher)The multi-day downside reverse divergence highlighted in yesterday’s analysis won out, and a Bitcoin price corrective wave low was struck. Price has now advanced impulsively above both the 1-hour and 4-hour 200MAs and the outlook is very bullish, but a consolidation below $240 and 1480 CNY has the market […]

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7 May 2015

Headlines ItBit Nets $25 Million, Launches NYDFS-Approved Bitcoin ExchangeNew York bitcoin exchange itBit has raised $25m in a new Series A round from investors including RRE Ventures and Liberty City Ventures. Isle of Man to Create Cryptocurrency Businesses RegisterThe Isle of Man Government’s Department of Economic Development is looking to create a stand-alone register of […]

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6 May 2015

Headlines Dubai’s BitOasis Opens Bitcoin Buying Service at TechCrunch DisruptDubai-based startup BitOasis has announced the launch of a bitcoin buying platform aimed at underbanked consumers in the Middle East. Ripple Labs Fined $700,000 by FinCEN for Non-ComplianceFinCEN announced on Monday that it is fining Ripple Labs, Inc., the creator of XRP, for selling XRP without […]

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5 May 2015

Headlines Bitcoin Price Correction Bounces UpYesterday’s Bitcoin price correction continued in early trade and eventually found chart support at the 200-period moving average (MA). At the time of writing a bounce off the 1-hour 200MA seems to have legs, provided price can hold above the 200MA in the 4-hour chart. This analysis is provided by […]

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4 May 2015

Headlines London Photographer Embarks on Bitcoin-Only ChallengeLondon-based photographer Abby Scarlet has embarked on a six month challenge during which she will only accept payment in bitcoin. Melotic Shuts Down Digital Asset ExchangeHong Kong-based cryptocurrency startup Melotic is shutting down its digital asset exchange, citing a lack of growth. Bitcoin Price Drop Stays Above Chart SupportBitcoin […]

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3 May 2015

Headlines High Finance Takes On Peer-To-Peer With Roolo P2P Bitcoin Trading PlatformPeer to peer bitcoin trading site Roolo was launched in February 2015, aiming to be the world’s fastest, safest and most inexpensive p2p bitcoin trading site. Based in London, Roolo is owned and operated by experienced professionals who have spent considerable time in traditional […]

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2 May 2015

Headlines BitNational Acquires Bitcoin Brokerage Bitcoin Brains for $2.1 MillionBitNational has acquired Calgary-based Bitcoin Brains, a deal that will make BitNational the largest over-the-counter bitcoin brokerage and ATM network in Canada. The companies signed a 10-year, $2.1 million dollar agreement. The acquisition of Bitcoin Brains will allow BitNational to bring a variety of new ways […]

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1 May 2015

Headlines Crypto Moms: A Year Of Crypto Gender EqualityThe American bitcoin forum for women, Crypto Moms, has celebrated its first anniversary, celebrating success over a year of promoting cryptocurrency. Launched in April 2014, Crypto Moms’ mission is to increase women’s participation in cryptocurrency. The Crypto Moms’ website features a bustling forum, blog posts, and the […]

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