Bitcoin price resilience finally crumbled this week after two weeks of strength following the so-called ‘BearWhale’ slaying. The price opened the week at $386, holding steady until mid-week, when it began a steep decline. It closed at $346, shedding $40 over the last seven days. The bitcoin price deterioration follows a strong rally from $295 on 6th October to a high of $405 about a … Continue reading Bitcoin Market News: Bitcoin Price Shows Cracks After Two Impressive Weeks

Poland-based bitcoin payment solutions provider InPay S.A. has launched an equity crowdfunding campaign that makes it possible to buy company stock with bitcoin. The company claims to have secured the approval of Poland’s Financial Supervision Authority (KNF), the country’s equivalent of the US Securities and Exchange Commission (SEC), which makes it a unique project in the Polish digital currency industry, according to company representatives. The … Continue reading Bitcoin News: In Poland, You Can Now Buy Equity With Bitcoins

A Florida law firm is pressing charges against digital currency exchange Cryptsy, accusing the company of fraudulent business practices and negligent security measures. In court documents filed in the 15th Judicial Court of Florida yesterday, Silver Law Firm stated that Cryptsy violated the state’s Deceptive and Unfair Trade Practices Act by failing to provide critical information regarding security risks and customer fund management protocols. Plaintiff … Continue reading Bitcoin News: Bitcoin Exchange Cryptsy Faces Lawsuit

British bitcoin exchange CoinCorner now allows clients to purchase bitcoin and some altcoins with debit and credit cards. The feature went live yesterday, making CoinCorner one of very few places in the British Isles to accept direct card payments for cryptocurrency. Bittylicious, a similar exchange, launched card payments back in May. Traditional bank transfer methods are still on offer for users who do not wish … Continue reading Bitcoin News: Debit and Credit Cards Now Used For Bitcoin Purchases

A new bitcoin exchange launched yesterday in Sydney, Australia, with an aim to improving general consumer confidence in the digital currency market. Called Independent Reserve, the exchange is promoting both itself and its Australian base as secure and well-regulated, saying the country’s AAA credit rating and political stability made it the ideal place to locate. It will aim first at the local and New Zealand … Continue reading Bitcoin News: Is Australia the Ideal Location for a Bitcoin Exchange

One reason bitcoin can be confusing for beginners is that the technology behind it redefines the concept of ownership. To own something in the traditional sense, be it a house or a sum of money, means either having personal custody of the thing or granting custody to a trusted entity such as a bank. With bitcoin the case is different. Bitcoins themselves are not stored … Continue reading Bitcoin Review: The Science Of Bitcoins- Making Things Clear