Bitcoin companies receive major blow from big Australian banks
Sep 22, 2015 08:12 am UTC| Digital Currency
In response to tighter rules on money laundering and terrorism finance, major Australian banks are closing accounts of bitcoin companies, driving at least 13 cryptocurrency providers out of business, an industry body...
BoE Chief Economist: Bitcoin has emerged as a monetary enigma
Sep 21, 2015 11:46 am UTC| Digital Currency
The UK government has a relatively open-minded approach to developments in the cryptocurrency industry.There have been reports that the UK government might be the next in line to start using blockchain technology for...
FxWirePro: BTC/USD faces strong support around $220, good to buy at dips
Sep 21, 2015 09:31 am UTC| Digital Currency
BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $235. Short term trend is bullish as long as support $220 holds. The major resistance is around $250...
Australian Organic Farm encouraging local businesses to accept bitcoin
Sep 21, 2015 08:27 am UTC| Digital Currency
In a bid to facilitate bitcoin payments, Budafoods, a small, certified organic farm and food supplier located in the Sunshine Coast Hinterland, Queensland, Australia, is making efforts to create a closed bitcoin economy...
Bitcoin Community disagrees with recent bitcoin rulings
Sep 21, 2015 05:22 am UTC| Digital Currency
With bitcoin gaining popularity and acceptance among masses, the debate about its actual definition and legal status has also become fierce. TheU.S. Internal Revenue Service considers bitcoin as a property; a federal...
IBM working on blockchain technology
Sep 18, 2015 07:56 am UTC| Digital Currency
International Business Machines Inc. has announced that it is working on the blockchain technology for creating smart contracts. Blockchain, as a technology, is extremely interesting and intriguing, Arvind Krishna,...
FxWirePro: BTC/USD faces strong support around $220, good to buy at dips
Sep 18, 2015 06:25 am UTC| Digital Currency
BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $235. Short term trend is bullish as long as support $220 holds. The major resistance is around...