The Bitcoin market hit record highs over the weekend before dropping further than it has in years. Several exchanges for the cryptocurrency suffered outages during the fluctuation, leaving customers unable to buy or sell for hours. Coinbase, one of the most popular ways to buy and sell popular cryptocurrencies such …

Australian businessman Craig Wright has revealed he is the man behind the cryptocurrency Bitcoin, ending years of speculation. Bitcoin’s code was released in 2009 under the pseudonym Satoshi Nakamoto, and the true identity of Nakamoto was increasingly hard-sought as the virtual currency gained traction. Bitcoin was the top performing currency last year, …

The price of bitcoin plunged on Thursday after Chinese authorities crack down on cryptocurrencies, with the country’s biggest exchange announcing the suspension of operations. The virtual currency fell more than 11 percent, trading at $3,544.14 as of 14:00pm GMT. This is far below the all-time high of $5,013.91 set earlier …

Recently, I wrote about a small $100,000 trade of cheese and butter. Why? This one trade changed 400 years of history in just four hours. How so? Normally, it would take 10 days to handle the paperwork. But this trade concluded in less than four hours. The solution: a blockchain platform that …

New legislation authorizing digital currency as a legal payment method has come into force in Japan. The text of the law was released by Japan’s Financial Services Agency on March, 24. Earlier this week, the Accounting Standards Board of Japan said that it would begin work on the creation of a …

China’s central bank is going digital. After assembling a research team in 2014, the People’s Bank of China has done trial runs of its prototype cryptocurrency. That’s taking it a step closer to becoming one of the first major central banks to issue digital money that can be used for …

The world’s first dedicated bitcoin bank has opened in the center of the Austrian capital Vienna. It is designed to make buying and selling bitcoin easier and safer than other in-person options. The digital currency outlet is owned and managed by a local Blockchain startup Bit Trust and is named …

The value of the world’s largest cryptocurrency bitcoin has broken the $5,800 mark, hitting another all-time high before retreating to the $5,600-$5,700 level, still close to the maximum. Its market capitalization is approaching $97 billion. If bitcoin were a company, its market cap puts it in the same league as …

After much anticipation (and a spike to record highs earlier today), The SEC has decided to reject the Winklevoss application for a Bitcoin ETF. The SEC premise appears to be the unregulated natuire of the underlying: Based on the record before it, the Commission believes that the significant markets for bitcoin …

With the age of computers and the Internet revolution has come many tremendous changes to how daily transactions and activities are processed across the world. Messages are now sent almost instantaneously through email, text messaging, Web-based messaging, and chat applications. Individuals and families can stay in touch with each other …

Bitcoin’s rocketing rise in value shows no sign of abating after breaking the $2,900 mark Tuesday. The digital payment reached a value of $2,967.48 at around 1.20pm UTC Tuesday, according to the Coindesk Bitcoin Price Index. The pricing is a record high for the cryptocurrency which has been hit with …

The price of bitcoin rallied to all-time highs on Friday, climbing above the price of one ounce of gold for the first time. The cryptocurrency was trading at $1,294, while a troy ounce of gold stood at $1,234. Bitcoin’s rally was attributed to high demand in China despite the country’s central …

Cryptocurrency use is growing tremendously around the world. Although Bitcoin gets most of the press, there are a wide range of virtual currencies that are now being bought and sold on a regular basis. Cryptocurrencies offer their users something that traditional transactions do not: privacy. For example, when a user …

The process of buying or selling Bitcoin and other digital currencies is not difficult. However, buyers have to find sellers and vice versa to complete the transaction. In some cases, it becomes necessary to complete the transaction in-person as opposed to online. The good news is that digital currency ATM …

The digital landscape has wrought big changes on almost every area of our lives. From instant communications to online shopping, the Internet has transformed life in the new millennium, and the increasing popularity of cryptocurrency is symptomatic of those changes. If you haven’t been paying attention to the growing number …

Using cryptocurrencies at online gaming is something that a lot of people want. There seems to be a strong overlap between the people who like to use cryptocurrencies and the people who enjoy gaming of all kinds. It makes sense that this would be the case, even though people are …

The rise of Bitcoin and the current mania surrounding cryptocurrencies was not something that many people predicted. Those that got ahead of the game and invested early are now sitting on significant assets. But with prices still fluctuating wildly, it is a tricky market to assess with any degree of …

Many of the readers here will already be aware of what Bitcoin is. This new currency has certainly had a lot of media attention recently due to the rapid price increases it’s witnessed. For those who are not yet familiar with the concept of it, it is a digital currency …

Bitcoin, blockchain, ICOs – these are all terms that a lot of us have come across at this point but very few truly know the actual reach and potential of. While these coins can feel like nothing more than a trend that will ‘go away’ in the near future, the …

After months of heated debate, the Japanese government finally recognised Bitcoin as a legitimate payment method earlier this year on April 1. For a long time following the fall of the Bitcoin exchange service Mt Gox, digital cryptocurrency was a hot topic. It all began in February 2016, when Japan’s …