Gavin Andresen: Bitcoin networks close to capacity get congested and unreliable
Sep 01, 2015 11:15 am UTC| Digital Currency
With the bitcoin network inching closer to its limit, it is expected to malfunction early next year. With more and more delaying of transactions, the system of money now worth $3.3 billion will struggle to survive as its...
Bitcoin added as the latest trading instrument on FxNet
Sep 01, 2015 09:46 am UTC| Digital Currency
FxNet, headquartered in Limassol, is a global, fully licenced STP broker regulated by the Cyprus Securities and Exchange Commision (CySEC). It offers unparalleled trading conditions designed to meet all realistic...
DigitalBTC records a whopping net loss after tax of $6.77m
Sep 01, 2015 09:18 am UTC| Digital Currency
DigitalBTC, an Australia-listed bitcoin-mining company, has reported a net loss after tax of $6.77 million, and negative earnings before interest, tax, depreciation, and amortisation (EBITDA) of $3.16 million for the...
USAA’s Victor Pascucci: Bitcoin and Blockchain are potential game-changers
Sep 01, 2015 07:35 am UTC| Digital Currency
Victor Pascucci, the current head of corporate development at USAA, recently said that the association is still working to develop a thesis on blockchain technology. He termed bitcoin and blockchain technology as potential...
FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips
Sep 01, 2015 07:30 am UTC| Technicals Digital Currency
BTC/USD has recovered till $235 after making a low of $198 and is currently trading at $228. Short term trend is bullish as long as support $198 holds. The minor resistance is around $240 and break above will take...
Chinese Bitcoin Exchange OKCoin restricts Bitcoin deposits for American users
Sep 01, 2015 06:41 am UTC| Digital Currency
OKCoin, a China-based digital currency trading platform, has stopped accepting bitcoin deposits fromcustomers in the US. It cited regulatory pressure as the reason behind its decision, as reported by CoinDesk. When...
Sep 01, 2015 06:09 am UTC| Digital Currency
Coinbase, a San Francisco-based bitcoin wallet and platform that facilitates bitcoin transactions, has recently announced the expansion of its services in Canada, in a blog post. Its buy/sell functionality is now available...