- Bitcoin(BTC)$11,580.38 -2.31%24H
- Ethereum(ETH)$379.23 -4.25%24H
- Bitcoin Cash(BCH)$300.46 -6.11%24H
- XRP(XRP)$0.293 -3.71%24H
- Litecoin(LTC)$56.93 -4.81%24H
- EOS(EOS)$2.98 -4.99%24H
China: A Dramatic Shift In Attitude See Bitcoin Hailed As A Success By China
26 December 2019
One of the leading state running newspapers, Xinhua has published a story in its front page hailing the Bitcoin cryptocurrency as the successful application of the leading blockchain technology. This praise coming from this newspaper has been described as the significant shift in the country’s stance on these digital currencies and it is coming at the right time when the country is planning to launch its own currency. This edition of the leading state-run newspaper Xinhua, went further to reveal certain minute details about the Bitcoin cryptocurrency as well as how the blockchain which is its (Bitcoin) underlying technology works. This edition of the newspaper describes the blockchain technology and Bitcoin itself as two of the most talked-about topics in the last couple of years. In recent times, China has been one of the countries slow to acknowledge and spread the potential of blockchain technology and cryptocurrencies in general. When compared to some of the other countries, China has taken a hardline attitude towards these cryptocurrencies. Back in 2017, when Bitcoin and most of the other cryptocurrencies were experiencing a record increase in value, Beijing banned the operation of cryptocurrency exchanges all with the intent of preventing individuals from buying […]
United Kingdom: Cryptocurrencies Classified As Property By The UK Government Under The English Law
16 December 2019
The United Kingdom is now the latest nation to classify these digital currencies as property. According to The Times, a legal panel was set up to discuss the classification of cryptocurrencies. This panel was chaired by Chancellor of the High Court, Sir Gregory Vos and reached the decision that cryptocurrencies should be classified as property. The Panel Ruling Senior judges in the UK going by Law 360 under the auspices of a legal set up have ruled that Bitcoin and other cryptocurrencies, in general, should be seen as property. The report went further to state that these cryptocurrencies possessed all of the features or characteristics of a property. The decision of this panel chaired by the Chancellor of the High Court further state that although these cryptocurrencies have unique features like decentralization, consensus networks, immutability, it still does not distant them from being referred to as a property in the United Kingdom. With this panel decision classifying these cryptocurrencies as a property in the UK, they will now be treated and used like every other property. This panel decision is coming right after Isreal and China have identified and classified these cryptos as property too. Aside from the fact that […]
Travala have signed a partnership deal with Booking.com – 90,000 Destinations where crypto is accepted is also added
3 December 2019
Travala, an online agency for travel which accepts cryptocurrency has announced on Monday that they are now partners with Booking.com. During the announcement, Travala made it clear that their partnership deal with Booking.com includes the addition of the whole listings of the site’s accommodation to the portal of Travala, and this means that the 90,000 destinations of Booking.com will be added to close to 250 countries around the world. Travala Becomes Partners with Booking.com, the Accommodation Aggregator For some years now, many companies have adopted the use of cryptocurrencies, and people with this kind of currency can now use it to buy various kinds of goods and services. In the year 2017, Travala.com was launched, and it is a platform for accommodation listings where you can see many different places to lodge such as hostels, apartments, villas, hotels, and luxury resorts. There are other popular online platforms for booking, but Travala has claimed that its own (Travala) platform has very cheap prices compared to others. Travala says that theirs is 40% cheaper than other platforms. Another thing is that with Travala, you can be free to make use of cryptocurrencies like BTC, BCH, ETH, XMR, ADA, XRP, DASH, TRX, BNB, […]
Venezuela: How To Use Bitcoin During A Blackout? Venezuelans Utilise A Storm Hardened Software!
3 November 2019
On March 7, 2019, every one of the lights went out in Venezuela. Complete power outage. While the power emergency was at that point some portion of regular day to day existence, the power outage still injured interchanges the nation over. It likewise propelled Venezuelan Randy Brito to concentrate completely on the Locha Mesh activity, an open-source task attempting to empower private messages and installments without a web association. During the power outage recently, it turned out to be clear to Brito that poor web framework was a main boundary to crypto appropriation. Individuals were utilizing dollars during the power outage not on the grounds that they favored money, but since they needed other options. “In Venezuela, cryptocurrency reception can be extremely confused,” Brito told CoinDesk, including: “Individuals can experience difficulty in any event, downloading a wallet on account of the absence of foundation.” Locha Mesh has made two equipment models up until this point, Turpial and Harpy, the two of which act like little switches that don’t depend on neighborhood WiFi. Rather, they pass messages around the “work” until one outlet at last has a web association. (It’s not unlike crafted by New York-based startup goTenna.) “These devices permit […]
Avalon Bitcoin Miner Maker Files for $400 Million US IPO
31 October 2019
Canaan Creative, the Avalon bitcoin miner producer and one of the world’s biggest mining gear makers, has recently officially recorded another endeavor to open up to the world – this time in the U.S. Canaan’s first sale of stock outline documented with the U.S. Securities and Exchange Commission (SEC) on Oct. 28 demonstrates it expects to list on NASDAQ under the ticker name CAN and sets a placeholder measure of $400 million for the raise. The last measure of planned raise, valuation and value per offer offering have not been chosen at this stage. The recording shows the Hangzhou, China-based bitcoin miner creator lost $45.8 million for the a half year finishing June 30, 2019, on net income of $42.1 million, contrasted with $25 million benefit on net income of $275 million for the primary portion of 2018. Canaan said net gain in entire year 2018 was $8.3 million on net income of $394 million, as the bitcoin cost dove in the second 50% of 2018 from above $6,000 to around $3,000, causing numerous bitcoin miners to be unrewarding to work. Quite, it had an overal deficit of $16.7 million in the second 50% of a year ago. The recording […]
Bitcoin takes top spot while other Crypto’s trail behind
28 October 2019
Bitcoin (BTC) and Bitcoin SV (BSV) are the main digital forms of money inside the best 10 by advertise capitalization to have bounced back over their long haul moving midpoints. The 200-day moving average (MA) is regularly viewed as a marker for bullish long haul wellbeing when costs are above and bearish long haul market wellbeing when costs live underneath. Bitcoin’s (BTC) 30 percent hop to 5-week highs from $7,393 to $10,350 over a 2-day duration pulled costs back over the long haul moving normal, denoting a change in both energy and conclusion for the world’s debut crypto. Bitcoin SV (BSV) as of now drove the charge a day sooner, shutting over the 200-day MA on Oct. 25. In any case, those moves are yet to be reflected in the staying top 10 cryptos as the bulls battle for matchless quality from the steady 4-month descending slide that started towards the finish of June, 2019. As observed above, BTC and BSV both figured out how to transcend the 200-day MA with conviction, prompting desires for further thankfulness in cost as it makes a beeline for the month to month close for October. All things considered, noteworthy leg work for the […]
Bitcoin above $10,000! A Five-Week High
27 October 2019
Bitcoin’s price was cited in five digits across cryptographic money trades prior today, yet the breakout into $10,000 was brief. The main cryptographic money by market worth bounced to $10,350 at 01:45 UTC – the most significant level since Sept. 24 – as indicated by Bitstamp information. In the mean time, the worldwide normal price, as determined by CoinDesk’s Bitcoin Price Index, timed a high of $10,332. Only 24 hours prior, the digital currency was reeling under bearish weights underneath $7,500 and conspicuous diagram examiners were calling a more profound drop, kindness of the supposed “passing cross” – a bearish cross of long haul moving midpoints. BTC, be that as it may, got an offer around $7,500 in the early U.S. exchanging hours on Friday and rose to $8,800 at 17:20 UTC. Prices at that point solidified in the thin scope of $8,500 to $8,700 for a couple of hours, before printing highs above $10,000 prior today. Basically, the passing cross caught dealers on an inappropriate side for the fourth time since 2014. Greatest single-day gain since April Bitcoin shut (UTC) at $8,662 on Friday, speaking to a 16.51 percent gain on the day, according to Bitstamp information. That is […]
China: China’s change in attitude, increase crypto sentiment and boosts Bitcoin 12%
27 October 2019
Bitcoin costs shot up 12 percent Friday, moving off a five-month low, not long ago, after Chinese President Xi Jinping said his compatriots should “hold onto the chance” managed by blockchain innovation. Despite the fact that China’s national bank requested terrain based coin trades to shut in 2017, Xi’s remarks on the side of big business blockchain, which offer the appropriated record innovation supporting bitcoin, is useful for conclusion around the crypto business, said Mati Greenspan, senior market investigator at trade eToro. What’s more, that thusly could be boosting assessment toward bitcoin, the first blockchain-based advanced resource created 10 years back, Greenspan said. “It’s bullish for the whole crypto industry, all in all, when you have the pioneer of one of the world’s biggest economies coming to grasp blockchain innovation like this,” Greenspan said in a telephone meet from Tel Aviv. “Bitcoin, as we probably am aware, is a focal player in the blockchain business.” Bitcoin hopped 12 percent in the previous 24 hours, coming to $8,392 as of 16:02 UTC (12:02 p.m. New York time). Not long ago, the digital currency contacted $7,363, the most reduced since May 18. Friday’s value kicked off right around 10:15 UTC, directly after […]
Developer 03 Labs acquired by Bitcoin.com
22 October 2019
Bitcoin.com has obtained Japanese blockchain developers O3 Labs and will assimilate the group, the organization declared Monday. The arrangement, which started in talks a couple of months prior and shut as of late for an undisclosed entirety, will see O3 Labs’ eight-man developer group incorporate into Bitcoin.com’s 30-man building group, CEO Stefan Rust told CoinDesk. They will start taking a shot at applications to help the bitcoin money arrange. Bitcoin.com’s Executive Chairman Roger Ver, whose early wager on bitcoin and consequent crypto evangelism earned him the epithet “bitcoin jesus,” is a significant advertiser of Bitcoin money. Rust revealed to CoinDesk that the association will play into Bitcoin.com’s objective of opening up worldwide money and wallet usefulness. In an announcement, he additionally said the organization “will enable clients to oversee, develop, and go through while working with whomever they need, at whatever point they need, without the requirement for customary banks or budgetary middle people.” When requested the particular undertakings O3’s individuals would now chip away at, Rust declined, saying just that ventures including a wallet “protection mode” and reconciliation of basic record convention tokens that pay holders profits, were in progress. “I figure you can see some fascinating advancements with […]
New blockchain phone can run full bitcoin node
22 October 2019
Taiwanese electronics manufacturer HTC has launched its latest blockchain phone, the Exodus 1s, which enables users to support the bitcoin network. Unveiling the device Saturday at the Lightning Conference in Berlin, the company claimed the new product is the first smartphone to be able to run a full bitcoin node, allowing it to propagate transactions and blocks anywhere. “Full nodes are the most important ingredient in the resilience of the Bitcoin network and we have lowered the barrier to entry for any person to run a node,” Phil Chen, chief decentralized officer at HTC, said in a statement. The new smartphone comes to the market at a price of €219 ($244), which is about a third of the cost of its predecessor, the Exodus 1. HTC will sell the new version at the Berlin conference using the Lightening payment network. The device allows users to install a 400+GB SD card to expand its memory, allowing it to cope with the increasing data capacity required to store the full bitcoin ledger. The current size of the full ledger is closing on 250 GB, according to Blockchain. The company recommended users to connect to WiFi and plug into a power source while […]
Hackers using browsers to spy and steal Bitcoin
21 October 2019
Hackers have been spreading and utilising an altered version of the official Tor Browser that is stuffed with malware to both monitor clients and take their bitcoin. Found by scientists at IT security firm ESET, the trojanized Tor has obviously brought about a moderately limited quantity of bitcoin being lost to date, with assets taken by address swapping when clients attempt to finalise payments on dark net markets. In a declaration messaged to CoinDesk on Friday, ESET’s senior malware analyst, Anton Cherepanov, said the study had recognized three bitcoin wallets utilized by the hackers since 2017. “Each wallet contains large quantities of little transactions; this confirms that these wallets were utilized by the trojanized Tor Browser,” Cherepanov clarified. At the conclusion of the study, the 3 wallets had diverted 4.8 bitcoin (worth $38,700 at press time), however ESET said the real sum taken would be higher as wallets for the Russian transaction service QIWI were also compromised. The hacking effort has been focusing on Russian clients of Tor – a system intended to keep users obscured from government agencies. The cybercriminals responsible for the altered Tor browser had utilized discussion boards and pastebin.com to circulate their offering as the official […]
The 21 Million Bitcoin Limit is approaching – how firm is it and will it move?
19 October 2019
. Antonopoulos included In merely hours, the 18 millionth bitcoin will have been mined and the world’s first digital money will inch closer to its hard-coded top of 21 million coins. “The pie is contracting. This [milestone] gives individuals some basic math to bring issues to light about where we’re at in the [bitcoin mining] process,” said Alex Adelman, CEO of bitcoin rewards stage Lolli, including: “It’s useful for individuals to see the improvement of bitcoin, to think back on everything that has been done and will be accomplished for the following 3 million. … You should focus on the following 3 million.” Be that as it may, don’t stress, you’ll have 120 years to do as such. The following 3 million bitcoins will be continuously more slow to mine because of block compensate halvings which happen each 210,000 blocks (or about four years) and lessen new bitcoin supply by 50 percent. The last bitcoin is relied upon to be mined in 2140. Or on the other hand is it? It appears to be disrespectful even to go there, given bitcoin’s incentive as computerized gold. Yet, untouchables predict a day when the 21 million top may, wheeze, come far from being […]
What does the SEC rejection of Bitcoin ETC mean?
18 October 2019
The Takeaway: The SEC dismissed the most recent bitcoin ETF proposition a week ago, however it wasn’t totally startling. The choice explained the SEC’s worries, which fundamentally spin around market control. Legitimate specialists state a bitcoin ETF could be years away – on the grounds that, according to controllers, the bitcoin market is too little and juvenile to help a reserve at the present time. The SEC recommended that an observation sharing understanding between a controlled trade and a bitcoin market of “noteworthy” size may help relieve its unease. Bitwise and others consider this to be an opening. A few specialists stay unconvinced. The bitcoin market isn’t yet experienced enough to help a trade exchanged reserve (ETF). So said the U.S. Protections and Exchange Commission (SEC) a week ago when it dismissed Bitwise’s bitcoin ETF proposition in a mammoth 112-page request that included in excess of 500 references. Legitimate specialists said the choice recommends that a bitcoin ETF may even now be years away. Yet, Matt Hougan, Bitwise’s worldwide head of research, sees encouraging points in the choice. The SEC has at any rate demonstrated it will raise addressable concerns, as opposed to dismissing an item without a second thought […]
Venezuela: Remittances by Bitcoin – Venezuelan migrants discover there is a catch!
17 October 2019
In 2018, Deimer González packed his college diploma, clothes and a mobile wallet with 1.5 BTC in savings and left Venezuela. What unfolded throughout 2019 offers a microcosm for Venezuelan bitcoin users around the world. As a mechanical engineer from Caracas, formerly employed by Venezuela’s state-owned oil and natural gas company (PDVSA), González told CoinDesk that those very same savings allowed him to support his parents as he started to build a new life in Buenos Aires, Argentina. “I was always able to send money back thanks to my savings, sparing my wages in pesos,” he said. With an estimated $3.7 billion in remittances sent in 2019, money from abroad is an increasingly large source of income for Venezuelan families. As such, bitcoin and cryptocurrencies have assumed a larger role in facilitating cross-border transactions. Additionally, migrants are using crypto during the relocation process itself, since it’s often hard for jobless immigrants to access financial services in their new countries. Such is the case with Wolfang Barrios, a trader from Caracas who told CoinDesk about his experience arriving in Chile without savings in the local currency. Said Barrios: “I didn’t have a stable job, enough money or a bank account. I […]
USA: US Billionaire lends his support to Renewable Bitcoin Mining $200 Million Valuation!
16 October 2019
One organization is driving its marketable strategy straight into the “bitcoin squanders an excess of energy” contention and has raised $30 million to do as such. That is as per Layer1 prime supporter and CEO Alexander Liegl, which intends to bring wind-controlled bitcoin mining apparatuses to West Texas ahead of schedule one year from now. The organization is raising an aggregate of $50 million at a $200 million valuation, he said. The possibility of bitcoin swarming out different uses for clean energy mirrors a misconception of the market, Liegl clarified in a telephone call: “Sustainable power source is still basically under-used so you don’t really have a lose-lose situation.” The organization has so far raised assets for its arrangement A from Peter Thiel, Shasta Ventures and other digital currency financial specialists that it has declined to uncover. This round pursues a past $2.1 million seed round that additionally included Thiel, just as the Digital Currency Group. Further, Liegl scrutinized the entire reason that the utilization of power to control the bitcoin system is a waste. “Bitcoin is the main thing we have faith in and that is the thing that we think can prompt disturbing the money related framework,” he […]
USA: Large investors have increased interest in Bitcoin Futures says CME
15 October 2019
CME Group, the Chicago-based trade administrator, said its bitcoin fates agreements developed in notoriety last quarter, with the quantity of open agreements up 61 percent from a year sooner in light of developing interest from institutional financial specialists. Open intrigue, or the quantity of extraordinary positions, rose to 4,629 agreements, up from 2,873 in the second from last quarter of 2018, CME said Monday in an announcement. What’s more, regardless of the quarter’s 25 percent drop in bitcoin value, as per CoinDesk, the open enthusiasm for the CME’s agreements was down only 1 percent from second-quarter levels. The normal day by day volume of agreements exchanged during the quarter was 5,534, up 10 percent from the year-sooner period. It was what could be compared to 27,670 bitcoin, or $289 million, as indicated by the trade. “Institutional stream stayed solid, with 454 new records included, contrasted and 231 included the second from last quarter of 2018,” CME said. Substances holding more than 25 bitcoin, utilized as an intermediary for enormous financial specialists, rose to 47, from 45 in the subsequent quarter and 34 in the second from last quarter of 2018. CME appeared its bitcoin prospects in 2017 and outlived an […]
France: Bitcoin to be Accepted in More than 25,000 New Locations in France
7 October 2019
Many people in France have continued to adopt cryptocurrency. Plans have been made by many companies (partners) to work together to get up to 25,000 stores prepared to start accepting Bitcoin. Very soon, Bitcoin will begin to be accepted in France by a lot of big retailers. All thanks will be given to the companies of payment processing as they announced that they fully support Cryptocurrency. Plans have been made for this great expansion to occur after Q1 2020 has ended. BTC is accepted in France in more than 25,000 areas Both EasyWallet and East2PlayPayment have made it clear that they want to become partners with Global POS. Their purpose of going into partnership with them is to make sure that more than 25,000 locations adopt the use of Bitcoin. Therefore, in France, there will be at least 30 franchises including bigger ones like Sephora, Foot Locker, Intersport, Decathlon, and Conforama, where Bitcoin is available. Let Figaro, which is a French outlet, has stated that the above-mentioned chains will still have normal financial operations. When a Bitcoin is converted into euro, bookkeeping becomes very easy for companies. If the plans turn out to be successful, then it means that a […]
Germany: Burger King set to accept payments of Bitcoin shortly
4 September 2019
Another big franchise is set to jump on the bitcoin bandwagon as one of the biggest shops in Germany Burger King is set to start accepting payment through the bitcoin currency. What this means is that anyone who is living or shopping in the country would now have the option of purchasing items from Burger King using the bitcoin. The use of the fiat currency is no longer considered to be compulsory. To all the fans of cryptocurrencies, this is a welcome development. Although details of the transaction are yet unclear, this surely spells a massive improvement in the use of the cryptocurrencies around the world. The news started when the logo of the bitcoin currency was seen among the list of the payments that were deemed to be acceptable by Burger King through their popular mobile app in Germany. However, if you are in any other country, you probably might not see the bitcoin sign as this payment option appears to be exclusive to the European country. The first sign of this news was said to have been pronounced through Twitter as very popular influencer Crypto Sara is said to have exclaimed the option of bitcoin is now available […]
Portugal: Bitcoin scores another point as Portugal declare all bitcoin transactions and mining tax-free
31 August 2019
It just keeps better and better for bitcoin around the world. The latest positive news comes from Europe, Portugal to be precise. It is believed that all transactions or payments conducted through cryptocurrencies or bitcoin would now be tax-free. This also includes the act of mining for these coins. This news comes from the reputable magazine Negocios where it states that the authorities had come out to say that the amount which was made from cryptocurrency would not be taxable. In other words, this would mean that all payments and earnings which come from cryptocurrencies are now considered to be tax exempted. The report which was given by the magazine relates to the report which was given by the authorities who set the rules relating to tax. The request for an answer was first submitted by a mining bitcoin organization in Portugal. The final message from the communication between both parties was that the entire mining and payments that are made in bitcoin would now be exempt from tax (VAT). While this may be news to you, for some, it is not. In 2015, the European Court of Justice passed a judgment regarding the use and exchange of cryptocurrencies in […]
Austria: A1 Shops Set To Accept Digital Currencies As A Legal Means Of Payment Starting From The 19th Of August
21 August 2019
With the worldwide push towards the social acceptance of digital currencies underway, it is not surprising that a few selected A1 shops are set to accept digital currencies like bitcoin in exchange for goods and services. This innovation was inspired by Austrian number one cryptocurrency expert, Salamantex and it will, no doubt, open doors of opportunities for consumers and business persons. Surely the social acceptance of bitcoins and other prominent digital currencies as a means of payment in A1 stores is great news. But many people are still keeping their fingers crossed to see if using digital currencies for payment A1 shops instead of the local currencies will expose them to certain risks. Digital currencies – a safe and effective way to make payments If you think you’ll be exposing yourself to certain risks when you make payments with digital currencies instead of the traditional credit and debit card methods of payment. Then, you should know that you are completely protected. Salamantex in conjunction with A1 services has gone all-out to make the cryptocurrency payment process straightforward and safe for everyone. In this way, you can use the cryptocurrencies to make purchases every day, the same way you use credit […]
New Zealand: Cryptocurrencies take another step as payment of salaries through cryptocurrency is legalized
16 August 2019
Over the past year, the use of cryptocurrencies around the world has been taking great leaps and more is yet to come. The latest move, though can be considered to be a vital step to the future of cryptocurrencies as New Zealand makes history by becoming the first country to pay their workers’ salaries through cryptocurrencies. This was made known to members of the public through their tax agency. However, the condition for this to take place was that the cryptocurrency which was to be used had to be uniform or have a particular standard when compared to fiat currencies. Another requirement was that it should be possible to convert the cryptocurrency which is chosen by the worker to another form of payment, preferably the fiat currencies. One of the cryptocurrencies which would meet this demand would be the bitcoin. Starting from the first week of September, the bitcoin is now expected to play a very prominent role in the payment of salaries in the country. It is worth remembering that plan to make this possible were first addressed on August 7th. These plans also explained how the country was optimistic to pay employees their bonuses through the use of […]
It finally happens! Bitcoin has arrived at Samsung
15 August 2019
Samsung has finally made its move. For some time now, many have wondered when support for the bitcoin would be made available on Samsung and it works as that prayer has finally been answered. This is as Samsung announces that there is now support for the bitcoin through its BlockChain facilities or key store. The move is sure to increase the number of persons who are already pushing for the full integration of these cryptocurrencies into the Samsung world. However, it seems that Samsung has decided to take things slow. For now. It is worth reminding ourselves that the BlockChain store which is currently run by the producers of Samsung is the mode through which a lot of applications which are decentralized in nature are being operated on Samsung. This store is also used to keep keys meant for cryptocurrencies safe at all times. While this is good news, it is not all Samsung devices which would have the opportunity to support this feature. Samsung has clarified that it would only be available to its flagship phones. This would include the S10 series as well as the Note 10 which was released in their last event night. The countries where […]
United States: Provident sets new strides as it accepts deposits of bitcoin and sells them with ATM
10 August 2019
It is not news that most parts of the global world are scared of what the cryptocurrencies can do to the financial markets as they know it. For these reasons, most financial institutions have steered clear of these coins. However, Provident bank is hoping to be one of the first banks which would change their trend. They are hoping to achieve this by making a host of services available that deal with cryptocurrencies. This would include making deposits with the currency and selling them through the use of the ATM. For Provident bank located in Massachusetts, they hope that this new development would catapult them into the forefront of technological advances in the country. Provident bank is a subsidiary company under the much larger organization Provident Bancorp, Inc. this subsidiary with the approval of the larger organization has become of the financial institutions who have offered members of the public a way they can buy assets which are in the form of cryptocurrencies. One of the reasons believed to have pushed them to make this move would be the fact that they are much unbanked at the moment. This is according to their Chief Executive Officer Mansfield. He asserted that […]
Brazil: Bitcoin now accepted in Fortaleza for Public transport
4 August 2019
The continuous integration of the bitcoin into the society has reached another milestone in Brazil as bitcoin is now allowed in the town of Fortaleza for the use of public transport. This means that members of the public would not be able to may payments for public transports using their bitcoins. This is according to the announcement made in the newspaper Do Povo by the Autonomous Passengers Transporters. The impact of this development can be seen in the fact that the city is the 5th largest city in the country. With the large size comes a huge number of people. It is home to close to 3 million citizens alone. This does not include other persons who could also be present in the cities. The transport system which is also known as Cootraps is mostly known to have buses which are over the city. It is believed that bitcoin payment would now be aligned with the tickets and the applications which would be made. It is believed that payment though the bitcoin would be done through a QR code which would be scanned to verify payments. The other modes of payments which would also be allowed on the buses would […]
Australia: Crypto payments now available in IGA supermarkets
3 August 2019
Get ready to see a wave of crypto payments around your local grocery stores in Australia as cryptocurrencies look set to hit the local market thanks to a deal by TravelbyBit. The deal which has been concluded between IGA and TravelbyBit would see that the use of bitcoin and other alternative coins such as the Litecoin, Ether and Binance coin could be seen in the streets of Australia in the coming weeks. What this means, in other words, is that the assertion that the use of cryptocurrencies alone dependent on fiat currency is looking more like reality at least in Australia. However, this new development won’t kick off immediately. However, there are provisions for those who wish to use their cryptocurrencies to buy consumer products. If you wish to exchange your cryptocurrencies for these products, you would need to visit the IGA X-press which is located at Bowen Hills. This store is remarkable and would serve as a cornerstone as it was the first store where cryptocurrencies were first used in IGA stores. If you can’t make it to Bowen Hills, then you would have to wait for some weeks before you can get the new features in IGA stores […]
Bitcoin now accepted as payment with Norwegian Air
2 August 2019
If you travel on a budget most times across the world, then you have probably heard about Norwegian Air. They are one of the most popular airlines in Europe due to their low-cost policy. They are in the news once again for all the right reasons. The airline has announced that they would now accept bitcoin as a means of payment on the air transport. This is not where the news ends. The airline has also said that they would now be setting up a quasi-bank like structure which would help them with a cryptocurrency exchange system. This move is seen by most people to be a move in the right direction. It is also set to win them some favors as the Norwegian air plans to expand their sphere of operations into other nations around the world. This is set to be a welcome boost as there have been reports that they are currently cut up in a financial struggle. The first step in the right direction Due to the establishment of the block exchange by the Norwegian authorities, the airline would first make it possible for all passengers who are traveling from Norway would be able to buy […]
The Growing Economic Stability; Will It Slow Bitcoin’s Growth?
8 July 2019
The Bitcoin cryptocurrency and gold in recent times have been caught in the rope of volatility, which has offered them the opportunity to form fresh support levels and will continue to do so in the years to come. The support level has been said to be essential for the increasing value of the Bitcoin cryptocurrency.
An Overview Of Crypto Mining Regulation In Different Countries
8 July 2019
Since the launch of cryptocurrencies over a decade ago, most governments have either embraced them or have resented them. While some have accepted them, one issue that has become a problem for them is that of cryptocurrency mining, which involves the use of electricity and other computational resources to achieve. For the purpose of this piece, we’ll take a look at a number of countries and how they have reacted to cryptocurrency mining.
Top 10 Best Rated Bitcoin Wallets 2019
28 June 2019
Do you make use of Bitcoin? If you do, then, you know that one very crucial step that any bitcoin user must take is to get a bitcoin wallet. Receiving, sending, storing, and making use of your bitcoins is only possible with a bitcoin wallet. But what exactly do we mean by bitcoin wallets?
Bitcoin Halving 2020 – Bitcoin set to rise in price
28 June 2019
Come 2020: bitcoin halving will take place for the third time throughout its history. If you have recently purchased bitcoin, you need to take this as very important. Bitcoin halving simply refers to a reduction in bitcoin amounts gotten us rewards by bitcoin miners whenever a bitcoin block is discovered. The value of the bitcoin mined is reduced by half.
CEO OF US Cryptocurrency Exchange “Kraken” Looks Towards The Future Of Bitcoin Price
27 June 2019
Since the turn of January 2018, the price of bitcoin has never come so close to reaching the $13,000 mark as it has now. With this growing strides, we could witness bitcoin going as high as $20,000. This skyrocketed increase is the reason for Bears correction demand.
Russia may allow crypto trading in upcoming legislation
26 June 2019
A report from local media source Interfax.ru shared an exclusive about Russian impending bill that may allow crypto trading in the country. In May 2018, the Russian Federation parliament passed a bill banning the use of cryptocurrency for payment and trading. Money laundering and financing terrorism were the reasons cited for passing the bill roughly a year ago. In a new twist of fate, the story may be about to change for crypto traders. The bill had been lingering for some time now as it was earlier billed for March 19th at the plenary session of the state of Duma before it was postponed.
What next for bitcoin as price passes $10,000?
25 June 2019
Volatility is one character you can’t take away from bitcoin and other cryptocurrencies. Just when you thought you had seen it all, another surprise greets you. Bitcoin analysts have continued to do and undo themselves as regard its prediction. In early 2017, bitcoin started trading around $1,000 and ended the year trading at $20,000. That kind of rise is too crazy to be predicted. Roughly a year after, it ended up losing about 80% of its value. Many analysts claimed they saw it coming and even went as far as to comparing the scenario with Tulipmania.
Bitcoin Is Backed By Institutions, Not Individuals – Crypto Analysts State
20 June 2019
If you’ve been following the recent developments in the crypto world since the beginning of the year, you will definitely agree when analysts say this year has been the toughest for the crypto since it gained so much popularity about four years ago. The beginning of this year was characterized by a continuous fall in the price of the Bitcoin cryptocurrency. At some point in time, the value of the crypto fell to $1,300. This raised concern amongst crypto enthusiasts and traders some already stating that the crypto may not live up to the year 2020. Their opinions were put to rest when the price of the crypto began to surge right from the month of April to date. Currently, the crypto is valued at exactly $9,140 as at the time of writing this. The rise in price has moved most analysts to state that Bitcoin is backed by institutions and not individuals as it has been claimed over the last couple of years. To defend their claim, these crypto analysts revealed that the first time the crypto crossed the $9,000 mark was in November of 2017. That increase in price was facilitated by international retail demand. Michael Moro who […]
Bitcoin And Litecoin Gains, Others Struggle
19 June 2019
According to information gotten from Coin360, the cryptocurrency market is trading sideways with most of the top coins by market value experiencing a slight reduction and increase in price. Bitcoin being the most valuable crypto with a total market capitalization of about $160 billion experienced an increase of about 1.24% seeing its value rise to $9,139 during the press time. This slight increase in price is coming right after the value of the crypto fell to $9,000 earlier today. The last seven (7) days has been a good one for the biggest crypto by market value as it has managed to experience a 13% increase in price in that period of time. While there have been reports that the crypto is struggling to reach and maintain the $9,300 mark since the beginning of the week, Tom Lee co-founder of Fundstrat Global Advisors has a firm conviction that the price of Bitcoin will continue to rise in the weeks and months to come. In addition to that, Tom Lee revealed that Bitcoin is on the path of becoming the reserve currency of the crypto industry. Ethereum (ETH) which is currently the second largest cryptocurrency by market value is currently trading at […]
Over a decade ago, the Bitcoin cryptocurrency (BTC) was launched and since then it has gone on to become the most valuable crypto based on market capitalization. Bitcoin is simply a decentralized crypto platform that has been developed and launched primarily for peer-to-peer (P2P) transactions. Developed by pseudonym developer Satoshi Nakamoto, the Bitcoin network seeks to offer users the opportunity to carry out fast and cheap transfers in a secure network. The Bitcoin network has been built on the blockchain technology which is basically a distributed ledger capable of storing information in a safe and permanent manner. The launch of the Bitcoin network back in 2009 has led to the development of over a thousand crypto platforms some seeking to modify how the Bitcoin network runs while others seek to revolutionize certain industries.
The first couple of years after the launch of Bitcoin (BTC) was quite tough as the value of the crypto fluctuated below the $10 mark. While most people did not actually know about Bitcoin and its many benefits, the ones who had an idea of how it works were skeptical about investing their funds in it.
Things have changed now as more people are investing in this cryptocurrency. Surprisingly, governments of some nations have shown their support for this crypto as they have come up with policies that will enable their citizens to invest and trade in this crypto. One area of Bitcoin acceptance that could be said to have experienced a remarkable growth is in the area of accepting Bitcoin as a means of payment for products and services bought. According to reports, there are over 100 online merchants currently accepting Bitcoin as a means of payment for products and services bought.
While there are a number of merchants currently accepting Bitcoin (BTC) as a means of payment for products and services, identifying these merchants have proven to be a big deal. Not actually knowing if a particular online merchant or vendor accepts Bitcoin has made it difficult for Bitcoin investors and traders to spend their coins without converting it to fiat currencies.
If you’ve been searching for an ideal platform for informations and services with your Bitcoins, then Bitcoin Accepted.com is the ideal website for you.
Bitcoin Accepted.com has been designed for the sole purpose of offering you helpful and vital information about the various companies that accept Bitcoin as a means of payment for products bought. In addition to providing you with a list of all online merchants or vendors that accept Bitcoin as a means of payment, Bitcoin Accepted.com also offers you recent news about the Bitcoin network. Crypto investors and traders seeking to keep an eye on their investments and trade will find this website to be quite helpful in their quest.
To use this website, all you would have to do is to search for a product or service, on the search tab of the website. Once that is done, a list of merchants that accept Bitcoin (BTC) in exchange for the product or service you seek will appear.
Top Cities – who accepts bitcoins
Who Accepts Bitcoins? Register Your Company – Bitcoin-Accepted.com
Visitors can register to your portal as users and submit their own items. You can create different packages and present your company or bussiness.