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On Feb. 15, the Dallas-based mobile gifting company Swych announced it will be accepting cryptocurrencies for payments. Starting next week, instead of using traditional payment processors, Swych users will be able to pay using decentralized digital assets such as BCH, LTC, ETH, BTC, and ETC. Also Read: Bitcoin’s Social Contract Must Be Resilient to the Whims […]
The post Mobile Gifting Platform Swych Announces Cryptocurrency Support appeared first on Bitcoin News.
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On Jan. 17, the blockchain and cryptocurrency company OB1 released Openbazaar version 2.3 which provides users with the ability to use a multi-currency wallet within the marketplace. Since then, there’s been a large number of added listings and an increased amount of people trading cryptocurrencies in a peer-to-peer fashion. Also read: Inspired by Unwriter’s Apps, BCH […]
The post A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings appeared first on Bitcoin News.
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44 percent of those surveyed on crypto Twitter believe the price of bitcoin core (BTC) has a ways to go before finding bottom, while over half of Wall Street and institutional investors seem to believe BTC’s bottom has been reached. The poll was conducted by Fundstrat, comparing the views comprised of 25 Wall Street related […]
The post Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic According to Fundstrat appeared first on Bitcoin News.
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Back in April of 2016 news.Bitcoin.com reviewed the Openbazaar platform the first day the marketplace launched. Since then the application has come a long way with many updates, new features, and the platform most definitely has more users. This week we decided to give the Openbazaar 2.2.5 client a test run and see how much […]
The post Under the Tent: A Look at the Latest Openbazaar Marketplace Software appeared first on Bitcoin News.
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Alleged founder of Silk Road, Ross Ulbricht, marked his fifth year in prison. October 1st, 2013, Mr. Ulbricht began a double life sentence without the possibility of parole for his alleged founding and running of the Silk Road online marketplace. On the occasion of his fifth full year, FreeRoss.org launched a new project to raise awareness […]
The post Ross Ulbricht Marks Fifth Anniversary in Prison appeared first on Bitcoin News.
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Two research firms released compelling data on the state of Bitcoin Core (BTC). Chainalysis revealed 36% of BTC in circulation is lost, likely lost, or unmined. The percentage of BTC held by speculators is 22%, while investors accounted for a steady 30%. The United States government, and especially its Internal Revenue Service (IRS), reportedly account […]
The post BTC: 36% in Circulation Lost, 23% Held by Speculators, US Tax Authority Monitoring appeared first on Bitcoin News.
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In what could be construed as calling the casual enthusiast’s bluff, BTC maximalists at the Samourai project announced, “All fiat currency conversions have been removed from Samourai Wallet. We understand this may inconvenience some, it may even be enough to cause us to lose some users, but we believe it is fundamental that our existing […]
The post Popular Bitcoin Wallet Samourai Ditches All Government Currencies appeared first on Bitcoin News.
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BTC.com has . announced its wallet will enable Bitcoin Improvement Proposal 70 (BIP-70) for payment transactions, which is especially helpful between customers and merchants, becoming an industry standard of sorts. The wallet has more than one million users, and with BIP-70 they will be able to buy products from popular processing platform Bitpay, which has […]
The post Bitpay and BTC.com Team: 1 Million Users Gain Access to $1 Billion Merchant Market appeared first on Bitcoin News.
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Longhash, a crypto and blockchain media and analysis site, recently launched its own Bitcoin Tracker. In an effort to “offer more peace of mind to investors, regulators and the general public,” users can basically find the origin of BTC, tracking it through the many places it has traveled. Also read: Robinhood Accused of Taking […]
The post Longhash Launches Bitcoin Tracker to Find ‘Dirty Money’ appeared first on Bitcoin News.
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According to Fundstrat analyst Sam Doctor, it appears Bitcoin Core (BTC) hashpower has doubled since just before the start of summer. That figure is impressive considering the lingering and deep bear market. “Even with upgrades to existing equipment, implies almost 1GW of new power consumption vs 5.2GW in May ’18m” Mr. Doctor tweeted. “Breakeven now […]
The post BTC Hashpower Doubles During Bear Market as Miners Sacrifice Profit for Position appeared first on Bitcoin News.
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