Bitcoin lives on.

February 16th, 2016|

Since the birth of Bitcoin, there have been numerous reports of its death. Each time it has been proven wrong as Bitcoin goes from strength to strength and its use has grown considerably over recent years.

If we look at some high profile news coverage over the past few years regarding the cryptocurrency – Forbes magazine […]

Digital currency market cap hits £3.1bn

October 2nd, 2015|

The total market capitalisation of digital currency has reached close to £3.1bn, according to data from Coinmarketcap. Of this figure, a total of 85.7 per cent belongs to market leader Bitcoin, followed by ripple and litecoin.

According to a feature on cryptocurrencies in Money Management’s September issue, bitcoins and other digital currencies have been a subject […]

Greetings from Bitcoin Island.

September 12th, 2015|

No place on the planet has welcomed digital currencies as warmly as the Isle of Man.

The Isle of Man is a strange place. Home to four-horned sheep, cats without tails, and perfectly preserved Victorian-era steam locomotives, this rock in the middle of the Irish Sea is perhaps best known for hosting the world’s most dangerous motorcycle race, the […]

Why are banks suddenly taking Bitcoin seriously?

September 6th, 2015|

All hail the Financial Revolution!

Dominic Frisby explains why financial institutions are waking up to blockchain, the technology behind Bitcoin

YOU PROBABLY studied the Agricultural and Industrial Revolutions at school. You are now living through the Financial Revolution.

This is all happening thanks to a breakthrough bit of tech called ‘blockchain’.

“There is so much pull and interest on this right now,” […]

Barclays goes for Bitcoin!

August 31st, 2015|

Barclays set to become first UK high street bank to accept bitcoin as it starts taking charity donations in the virtual currency

Company set to partner with a ‘bitcoin exchange’ or spending platform
Has two bitcoin ‘labs’ in London and has been collaborating with start-ups
Bought with real money and traded online, a bitcoin is worth around $230
It […]

Bitcoin comes to Cuba

August 28th, 2015|

The first reported bitcoin transactions between the US and Cuba mark the latest innovation brought to the island’s complicated economy, as the two countries normalize relations.
Fernando Villar, the Cuban-American founder of a group called BitcoinCuba, told Crypto-Currency News that he made the transaction this week using public wi-fi networks that Cuba’s socialist government has started […]

Bank of England: Bitcoin is “Harder Money” than Gold Due to Deflation

August 22nd, 2015|

During a presentation on digital currencies entitled “Old Money, New Money,” Andy Haldane, Chief Economist and the Executive Director of Monetary Analysis and Statistics of the Bank of England and his team stated that “Digital currencies are ‘harder money’ than a gold standard” because “sustained adoption would see ongoing deflation.”

Haldane began by explaining […]

Greece is planning to install 1000 Bitcoin ATMs

August 20th, 2015|

Greece is to receive 1,000 Bitcoin ATMs following a partnership between digital currency exchange BTCGreece and cryptocurrency service provider Cubits, according to reports. The installation of the ATMs, which allow users to exchange cash for bitcoins, reflects the growing interest in bitcoin in Greece at a time of economic uncertainty.

Bitcoin is seen by some in […]

China Views Bitcoin as a Safe Haven

August 19th, 2015|

This week, the Chinese yuan has devalued to a four-year low against the U.S. dollar while BTC/CNY echange rate has risen from 1,633 yuan to 1,690.36 yuan. Is the devaluation of the Chinese yuan triggering a surge of bitcoin growth in China?

Not necessarily.

“Generally, if bitcoin behaved like other commodities, it would decline in price with […]

Bitcoin to transform online gambling industry

August 19th, 2015|

Gambling is big industry and online gambling is one of the fastest growing segment in the world today.

Research company H2 Gambling Capital, in its report titled, “There’s nothing virtual about the opportunity in real-money gambling”, valued the online global gambling market at €21.73bn in 2012. The value is expected to grow at a compound annual growth […]