Bitcoin rival Ripple to make a splash in business

August 12th, 2015|

Early adopters to cash in as businesses look to more efficient payment options
High demand among businesses for more modern payment methods will help Bitcoin rival Ripple to take off, according to IDC, which claims those that get on board with the new tech early can cash in.

Ripple is a financial technology manufacturer based in San […]

18 Months after Adopting Bitcoin, TigerDirect Reports Fantastic Experience and Continued Growth

August 7th, 2015|

TigerDirect, an online retailer of computers and consumer electronics has been accepting bitcoin for 18 months through BitPay, beginning in January of 2014.

Bitcoin Magazine sat down with Steven Leeds, head of marketing at TigerDirect to learn more about the company’s experience as one of the earliest major merchants to embrace Bitcoin. While recent reports from […]

Bitcoin startups lure quant whizzes from Wall Street

August 7th, 2015|

NEW YORK (Reuters) – Armed with a doctorate in financial engineering, 34-year-old Timo Schlaefer was on his way to a promising career at Goldman Sachs in London. Previously with the bank’s mergers and acquisitions team, he became an executive director of credit quantitative modeling at Goldman, where quants like Schlaefer are highly valued.

In February he gave […]

Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin in the UK

August 5th, 2015|

Recent technology has given us lots of new ways to pay for stuff, with contactless cards and the likes of Apple Pay making parting with our hard earned cash easier than ever. But ultimately, these systems all still rely on the age-old system of the pound sterling, as backed by the Bank of England. There […]

Australia takes first step toward Bitcoin as currency

August 4th, 2015|

In a positive sign for financial technology startups, a government inquiry has set the stage for the digital currency Bitcoin to be treated like regular money in Australia.

A Senate Economics References Committee review considering digital currencies in Australia has recommended they should be treated like any other currency for the purposes of the Goods and […]

UK is leading the way to become a global bitcoin hub

August 3rd, 2015|

In many countries, when it comes to regulating bitcoin companies, it’s still mostly a work in progress. Some governments want to restrict bitcoin quite a lot, while others are adopting a more favorable stance. The U.K. has been the financial hub of Europe for decades now, and it looks like it plans to do the […]

Is Bitcoin the New Gold in the Financial Markets?

July 26th, 2015|

Gold prices have been steadily tumbling in the past few weeks, more so recently after the Chinese reserves data revealed a smaller than expected portion of gold reserves. Gold has been treated as a hedge against inflation, typically gaining in value also when investors are seeking lower-yielding returns from safe-havens.
This time around, even with all […]