Services Online Accepting Bitcoin

Services Online Accepting Bitcoin It’s the new currency for our new, digital times, but how many online – and offline – services actually accept Bitcoin? Read on to find out! Bitcoin, the cryptocurrency that was invented by an unknown programmer using the name Satoshi Nakamoto, is a digital payment system which was created and is controlled…

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SegWit or Not, Bitfury is Ready for Lightning With Successful Bitcoin Main Net Test

SegWit or Not, Bitfury is Ready for Lightning With Successful Bitcoin Main Net Test While Segregated Witness (SegWit) activation is looking more likely by the hour, Bitfury is getting ready to deploy a version of the Lightning network with or without the protocol upgrade. The blockchain technology company, perhaps best known for its Bitcoin mining pool of the same name, successfully sent…

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U.S Congressman Says ‘Digital Currencies Are Not Compliant’

U.S Congressman Says ‘Digital Currencies Are Not Compliant’ On July 8 the Financial Services Committee for the U.S. House of Representatives held a hearing concerning digital currencies. The meeting discussed the implications of virtual currencies in regards to financial innovation and national security. During the event, the Republican Texas Congressman Roger Williams asked for increased…

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People Trust Cryptocurrencies over Gold, Says Wall Street ‘Dean of Valuation’

People Trust Cryptocurrencies over Gold, Says Wall Street ‘Dean of Valuation’ Cryptocurrencies are quickly becoming a preferred alternative to gold for people who don’t trust traditional fiat currencies, according to Aswath Damodaran, a professor of finance at the NYU’s Stern School of Business. A specialist in corporate finance and equity valuation, Damodaran is often cited by media as the “Dean…

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Ripple’s XRP Token Sales Increased Fourfold With Soaring Interest from Investors

Ripple’s XRP Token Sales Increased Fourfold With Soaring Interest from Investors   A new report from distributed ledger startup Ripple suggests institutional investors are increasingly interested in its native cryptocurrency, XRP. According to the San Francisco startup, its licensed subsidiary sold $31 million worth of XRP during Q2 2017. The figure was up fivefold from Q1,…

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South African Reserve Bank Prepares to Test Cryptocurrency Regulations

South African Reserve Bank Prepares to Test Cryptocurrency Regulations   A Blockchain-based solutions provider in South Africa, Bankymoon has been selected by the central bank of the country to be the sandbox business in testing out digital currency regulations. The South African Reserve Bank, essentially, the central bank of the country, will begin experimenting with different regulations…

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Bitcoin Price Suddenly Rockets Near $2600

Bitcoin Price Suddenly Rockets Near $2600 Bitcoin has shot up almost $300 in hours as a sudden bull run sees the virtual currency retake $2500 and moved above $2600 briefly. Data from cross-exchange readings at Coinmarketcap shows Bitcoin’s price suddenly react during Thursday to go from $2300 to $2510. At press time, the upward trajectory is continuing, while…

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