Drafting Laws and ‘Hodling’: U.S. Congress Discusses Cryptocurrency Disclosure

U.S. lawmakers have been ramping up their efforts to regulate bitcoin and other digital currencies. Recently, advocacy groups who focus on government transparency have been growing concerned about politicians drafting laws while not disclosing their interests in cryptocurrencies. Also read: Is the Centralized Ripple Database With the Biggest Pre-Mine Really a Bitcoin Competitor? Ethics and Government … Read more

Gavin Andresen Drops A New Concept On Github for Bitcoin Cash

On January 2 one of the most well-known developers for the original bitcoin protocol, Gavin Andresen, contributed an idea to Github called “Storing the UTXO as a bit-vector.” Andresen has been active on Github for the past month as his contributions have been focused on general (Unspent Transaction Output) UTXO sets, but this particular idea … Read more

From Mansions to Prisons: Bitcoin and Real-Estate Doesn’t Mix So Well

There’s been a lot of hype surrounding purchasing real-estate with cryptocurrencies like bitcoin. However, even though bitcoin has spiked considerably in value using the asset for purchasing properties and homes is not so easy. Also read: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Bitcoin Real Estate Purchases Come With Difficulties Lately, … Read more

Bitcoin Adoption in Africa Hinders EAC Plans for a Unified Currency

Due to a declining economy and eroding national currencies, the East African Community (EAC), an intergovernmental central bank organization composed of six countries in eastern Africa have plans to adopt a unified currency. However, the growing popularity of bitcoin and other digital currencies are hindering the East African central bank’s abilities to establish a harmonized … Read more

Markets Update: Cryptocurrencies See Big Gains After New Year’s Day

The second day of the new year sees cryptocurrency markets come back after another holiday slump over the past few days. Bitcoin core markets are up 4 percent, averaging between $14,600-14,800 across global exchanges. However many other digital assets are seeing more significant gains as ethereum and bitcoin cash markets have risen 13-18 percent during … Read more

PR: The Money Token AI Assistant, Amanda, Will Provide Blockchain Backed Loans to the Crypto Community

Hello Crypto-community! We`re here to present Amanda — the AI assistant behind the MoneyToken platform. It`s a groundbreaking concept — AI providing loan services to the crypto community. — Alex Rass, co-founder MoneyToken.com The post PR: The Money Token AI Assistant, Amanda, Will Provide Blockchain Backed Loans to the Crypto Community appeared first on Bitcoin News. Go to Source Powered by … Read more

Convenience Stores and Pawn Shops See Foot Traffic from Bitcoin ATMs

Bitcoin is continuing its popular trend throughout society, and these days the decentralized currency can now be purchased at your local bodega, gas station, deli, and convenience store. According to recent reports, bitcoin teller machines (BTMs) worldwide are popping up in great numbers; most notably in the U.S. as the country now commands roughly 1,279 … Read more

The Bitcoin Exchange That Once Dominated China Is Heading to Japan

At one time the Beijing-based digital currency exchange Huobi was once the largest bitcoin trading platform in China before the central bank stopped domestic exchanges from trading cryptocurrencies. This month Huobi has revealed its carved a deal with the Japanese financial institution SBI Group and will be launching two new cryptocurrency exchanges in Q1 of … Read more

After Ripple’s Rise BTC Dominance Falls Below 40%

Despite being one of the most amazing periods of sustained gains for bitcoin, 2017 ends with the first cryptocurrency losing market share to altcoins. After falling as low as 37.9% in the last two days of 2017, the market dominance of bitcoin now stands at just 38.2% as of this writing on the first day … Read more

2017: The Year of Altcoins, Forks, and Five Digit Bitcoin Prices

On December 30th, 2016 the price of bitcoin (BTC) was $960 USD, and since then the price had risen 1,941 percent 350 days later to an all-time high of $19,600 across global exchanges. Now the price rests at roughly $13-14K but a lot more has changed this year besides the significant price rises of bitcoin … Read more