Greek crisis spurs bitcoin demand
Aug 14, 2015 06:29 am UTC| Digital Currency
Greek mayhem has boosted bitcoin demand as dealers of cryptocurrencies position them as a potential haven alternative to conventional ones like gold. The latter is a much bigger market than bitcoin, with the investable...
Bitcoin trading rising in China
Aug 14, 2015 05:50 am UTC| Digital Currency
Bitcoin trading has caught on fast in China, the worlds second largest economy. According to a recent report by Goldman Sachs, approximately 80% of bitcoin trading volumes are in Chinese yuan.Bobby Lee, CEO of the worlds...
Companies burdened by BitLicense’s real cost
Aug 14, 2015 04:52 am UTC| Digital Currency
The August 8 deadline for New Yorks bitcoin companies to apply for BitLicense saw many companies of the cryptocurrency ecosystem halting their operations in New York. While different companies cited different reasons...
FxWirePro: BTC/USD trades sideways, good to buy at dips
Aug 14, 2015 04:14 am UTC| Digital Currency
BTC/USD has broken short term support $270 and declined till $251.96. It is currently trading at $260. Short term trend is bullish as long as support $248 holds. The major support is around $248(200 day MA) and break...
FxWirePro: BTC/USD retreats after making a high of $269, good to buy at dips
Aug 13, 2015 12:20 pm UTC| Digital Currency
BTC/USD has broken short term support $270 and declined till $251.96. It is currently trading at $260. Short term trend is bullish as long as support $247 holds. The major support is around $247 (200 day MA) and break...
White Ops researcher exposes major error in Bitcoin Brainwallets
Aug 13, 2015 10:59 am UTC| Digital Currency
An ethical hacker has developed a new tool illustrate the ease with which unlawful entities can steal bitcoins from brainwallets, where passwords are not stored digitally but in the memory of the user.Originally aimed at...
US man indicted for illegal arms exports with bitcoin
Aug 13, 2015 09:58 am UTC| Digital Currency
Benjamin James Cance, a Michigan-based man, is facing jail time for crimes related to illegal arms, some of which he allegedly facilitated using bitcoin.According to the US Department of Justice press release, Cance is...