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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Major Magazine Publisher to Accept Bitcoin Payments

Posted on 18 December 2014 | 12:43 pm

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

PayPal and Virtual Currency

Posted on 23 September 2014 | 9:52 pm

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Bitcoin Trading Bots

There have been a wide variety of situations in which algorithmic trading programs have proven to be beneficial for investors. However, investors who only trade a cryptocurrency can also take advantage of bitcoin trading bots. Through bitcoin bot trading, traders can become more flexible and prompt, minimize errors and process information more rapidly. At this… Read More »

Posted on 8 November 2016 | 6:20 pm

5 Things Every Investor Should Know About Bitcoin - Wealth Daily


Wealth Daily

5 Things Every Investor Should Know About Bitcoin
Wealth Daily
Referred to by some as “digital gold,” Bitcoin is one of the most controversial investment opportunities that exists today. Over the past five years, the value of Bitcoin has skyrocketed nearly 25,000%, meaning if you had the foresight to buy and hold ...
Purse.io Reaps Benefits From Russia Legalizing Bitcoin As A CurrencyLive Bitcoin News
Russian Online Gambling With Bitcoin Still ProhibitedOnline-Casinos.com
Listen: How to launch your own moolaIndependent Online

all 6 news articles »

Posted on 4 December 2016 | 11:15 am

Bitcoin is the Beginning of the End of the Nation State Says Susanne Tarkowski Tempelhof - CoinTelegraph


CoinTelegraph

Bitcoin is the Beginning of the End of the Nation State Says Susanne Tarkowski Tempelhof
CoinTelegraph
Some experts believe that the unique qualities of cryptocurrencies such as Bitcoin may be the answer to ending involuntary taxation as well as the nation state sooner rather than later. Stopping the monster in his tracks requires starving it of what it ...

Posted on 4 December 2016 | 7:24 am

China Restricts Gold Importation, Increasing Bitcoin Demand - CoinTelegraph


CoinTelegraph

China Restricts Gold Importation, Increasing Bitcoin Demand
CoinTelegraph
Last week, Cointelegraph reported that the Indian government had planned to ban the importation of gold and impose heavy taxes on gold investors. On Dec. 1, China also restricted the importation of gold in order to prevent capital leaving the country.

Posted on 4 December 2016 | 6:09 am

Bitcoin firm opens blockchain incubator in India - The Hindu


Bitcoin firm opens blockchain incubator in India
The Hindu
The team behind bitcoin company, GBMiners, said that it has started South Asia's first Blockchain incubator called Satoshi Studios. Named after Satoshi Nakamoto, the mysterious creator of bitcoin, the incubator is inviting applications from ...

Posted on 3 December 2016 | 10:27 am

A 26-year old Bitcoin entrepreneur was handed prison time, and the experience only confirmed his belief in the ... - Business Insider


Business Insider

A 26-year old Bitcoin entrepreneur was handed prison time, and the experience only confirmed his belief in the ...
Business Insider
The self-professed computer geek turned divisive digital currency entrepreneur won notoriety as the founder of BitInstant. The firm took off, attracting investors like the Winklevoss twins, and helping popularize bitcoin. Then, his whole world came ...

and more »

Posted on 3 December 2016 | 8:57 am

Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High - CoinDesk


CoinDesk

Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High
CoinDesk
Prices remained above $700 all week and only briefly fell below $725, CoinDesk USD Bitcoin Price Index (BPI) data reveals. Bitcoin prices have been enjoying sustained support, as they have managed to stay north of $700 for more than two weeks, having ...
Bitcoin Price Weekly Analysis – BTC/USD Remains Buy On DipsnewsBTC
Bitcoin Prices Challenge Multi-Year Highs as Bullish Trend ContinuesEconomic Calendar

all 4 news articles »

Posted on 3 December 2016 | 7:35 am

What Your CEO Is Reading: Bitcoin or Bust in Venezuela; Lessons ... - Wall Street Journal (blog)


Wall Street Journal (blog)

What Your CEO Is Reading: Bitcoin or Bust in Venezuela; Lessons ...
Wall Street Journal (blog)
Every week, CIO Journal offers a glimpse into the mind of the CEO, whose view of technology is shaped by stories in management journals, General interest ...

and more »

Posted on 2 December 2016 | 12:25 pm

Bitcoin price climbs to highest level in nearly 3 years - MarketWatch - MarketWatch


MarketWatch

Bitcoin price climbs to highest level in nearly 3 years - MarketWatch
MarketWatch
Bitcoin traders are finally moving past the collapse of Tokyo-based digital currency exchange Mt. Gox.

and more »

Posted on 2 December 2016 | 11:10 am

Bitcoin Users Brace For IRS Audits From Coinbase Summons - Forbes


Forbes

Bitcoin Users Brace For IRS Audits From Coinbase Summons
Forbes
Many Bitcoin and other digital currency users are worried that the IRS will get their account information from Coinbase. What's more, the IRS can use it to audit them, or worse, to mount a criminal investigation. Is it time to panic? Not quite ...
Court Rules IRS Can Seek Information on Bitcoin CustomersWall Street Journal
Feds look for tax evaders who used bitcoinCNNMoney
Bitcoin service ordered to hand over three years of user records to IRSThe Verge
Reason (blog) -Digital Trends -Gizmodo
all 86 news articles »

Posted on 2 December 2016 | 7:14 am

Evolution of Kadena, the First Real Private Blockchain

George Samman outlines how the consensus algorithm achieved by Raft was finally fixed by its distant relative, Kadena.

Source

Posted on 4 December 2016 | 9:48 am

Illinois Seeks 'Light Touch' Blockchain Regulation With New Roadmap

CoinDesk looks into Illinois' ambitious plan to guide the integration of blockchain technology within government operations.

Source

Posted on 4 December 2016 | 8:14 am

What the IRS Summons Will Mean for Coinbase Users

Tax expert Daniel Winters explores the bigger picture behind the IRS summons for Coinbase data.

Source

Posted on 3 December 2016 | 9:54 am

Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High

Bitcoin prices neared $780 this week, coming within 1% of their annual high after lingering above $700 for more than two weeks.

Source

Posted on 3 December 2016 | 7:31 am

Ether Prices Plunge To 7-Month Low

Ether prices dove to a seven-month low earlier today.

Source

Posted on 2 December 2016 | 3:50 pm

Smart Contracts Startup Hires Cryptographer Lisa Yin

Smart contracts startup Symbiont has hired cryptographer Lisa Yin as its new chief security officer.

Source

Posted on 2 December 2016 | 9:47 am

Bitcoin Loan Platform BitLendingClub to Shut Down

Peer-to-peer bitcoin lending platform BitLendingClub has announced that it is shutting down next year.

Source

Posted on 2 December 2016 | 6:06 am

The Bitcoin Price Keeps Breaching $750

Bitcoin surpassed $750 on 1st December, rising past this key psychological level but failing to reach $755.

Source

Posted on 1 December 2016 | 3:21 pm

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How Developers Are Responding to Ethereum's Unexpected Fork

An unintentional split of the network was the latest event to shake ethereum.

Source

Posted on 1 December 2016 | 10:59 am

Australian Digital Currency Advocates Launch Self-Regulation Effort

Digital currency advocates in Australia have launched a new code of conduct initiative aimed at promoting self-regulation.

Source

Posted on 1 December 2016 | 8:43 am

Major Japanese Banks Seek Lower Costs With Blockchain Payments

A group of major Japanese banks has published the first results of a blockchain interbank payments trial.

Source

Posted on 1 December 2016 | 6:59 am

China's Huiyin Group Launches $20 Million Bitcoin Fund

Multibillion-dollar investment company Huiyin Group has launched a $20m bitcoin-focused investment fund.

Source

Posted on 1 December 2016 | 6:10 am

Zcash Prices Are Finally Beginning to Show Some Stability

Zcash (ZEC) price movements enjoyed relative stability on 30th November, contrasting with its volatile early history.

Source

Posted on 1 December 2016 | 5:30 am

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A Judge Just Cleared the Way for the IRS to Seek Coinbase Customer Data

The IRS can serve bitcoin and ether exchange startup Coinbase with a summons for information about its users, a federal judge has ordered.

Source

Posted on 30 November 2016 | 3:41 pm

Japan Exchange Group Expands Blockchain Trials

The Japan Exchange Group (JPX) has formed a consortium between several companies within its umbrella to test a blockchain proof-of-concept.

Source

Posted on 30 November 2016 | 12:36 pm

Illinois Unveils Blockchain Policy in Bid to Attract Industry Innovators

The State of Illinois today announced an ambitious plan to encourage government and private sector blockchain innovation.

Source

Posted on 30 November 2016 | 10:50 am

Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement

Today, in a breaking development, Ross Ulbricht’s defense team has revealed that on November 18, 2013, someone logged into accounts on the...

The post Ross Ulbricht Reflects on Life in Prison; New Proof of Evidence-Tampering by Law Enforcement appeared first on Bitcoin Magazine.

Posted on

Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain

Symbiont, a blockchain company developing a smart contract platform for institutional applications of distributed ledger technology, has...

The post Symbiont's Lisa Yin Brings "Deep Understanding" of Cryptography Techniques to Blockchain appeared first on Bitcoin Magazine.

Posted on

Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue

The price of bitcoin in China surpassed two-year highs on leading Chinese exchanges today, as Chinese investors continue to seek safe...

The post Bitcoin Price Reaches 2-Year High in China; Experts Predict Bull Market Likely to Continue appeared first on Bitcoin Magazine.

Posted on

WikiLeaks’ Public Donation Address Receives 4000th Bitcoin

WikiLeaks’ public donation address recently received its 4000th bitcoin. The nonprofit whistle blower site, which to a large extent relies...

The post WikiLeaks’ Public Donation Address Receives 4000th Bitcoin appeared first on Bitcoin Magazine.

Posted on

Move Over Uber: Blockchain Technology Can Enable Real, Sustainable Sharing Economy

Uber and Airbnb, the hugely popular marketplaces for taxi-like car rides and hotel-like short-term rentals, are usually considered to be...

The post Move Over Uber: Blockchain Technology Can Enable Real, Sustainable Sharing Economy appeared first on Bitcoin Magazine.

Posted on

BitSE Launches Blockchain-Based VeChain Platform, Teams Up With PwC

Shanghai-based Blockchain-as-a-Service (BaaS) company, BitSE, is opening possibilities for every industry with the official launch of...

The post BitSE Launches Blockchain-Based VeChain Platform, Teams Up With PwC appeared first on Bitcoin Magazine.

Posted on

Bitcoin Black Friday Deals for the Digital Currency Enthusiast

On the day after American Thanksgiving, bitcoiners (along with everyone else) will begin their holiday shopping in earnest, with Bitcoin...

The post Bitcoin Black Friday Deals for the Digital Currency Enthusiast appeared first on Bitcoin Magazine.

Posted on

December 4, 2016 -
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