The bitcoin price continued its decline this week, deepening losses that began last week. However, fundamentals suggest there may be reason for optimism in the long-run. Bitcoin was trading at $352 at the start of the week, close to its high for the period. It dropped to a low of $320 on Saturday. It closed the week at $325, losing $27 over the seven days. … Continue reading BItcoin Market News: Price Slump Continues For Bitcoins
Bitcoin is not just a new form of payment, and it isn’t simply a store of value. It is, perhaps most importantly, a public ledger, and it is the part of bitcoin known as the block chain that many argue holds the true innovative potential of the technology. In essence, bitcoin is a new foundational technology built using the Internet, utilizing both the power of … Continue reading Bitcoin Review: Work Bitcoin Can Enable In The Future
Taxi passengers in the Malaysian cities of Kuala Lumpur and Johor Bahru can now pay for their rides in bitcoin, thanks to a booking service called Taximonger. Bitcoin Malaysia reported that it believes Taximonger offers the first opportunity for Asian taxi customers to use bitcoin, adding that for Malaysia it also represents the first cashless payment system for cabs, a long overdue addition. Taximonger offers … Continue reading Bitcoin News: Taxi Customers Can Now Pay In Bitcoins
A Spanish hotel chain that accepts payment in bitcoin celebrated the launch of a bitcoin ATM in one of its Madrid hotels last night. One Shot Hotels hosted a cocktail party at its Recoletos 04 venue, which was attended by more than 100 people. “It was packed. All the Spanish Bitcoin startups were there, along with a lot of bitcoin users and also a few … Continue reading Bitcoin News: A Spanish Hotel Launches Bitcoin ATM With A Bang
Bitcoin exchange Kraken will launch in Japan today, aiming itself at the nation’s large number of active traders and finance professionals. In its announcement, the company highlighted the strength of Kraken’s security and engineering team, as well as its high trade volumes and reputation for compliance. Gaining public trust is a high priority for any bitcoin business planning to establish a Japanese base, given the … Continue reading Bitcoin News: Bitcoin Exchange Kraken Launches in Japan
Trucoin has announced it will expand its bitcoin buying service to consumers in 32 US states over the next few weeks. The news follows three months of inactivity for the company, and what it called its successful eight-state beta test earlier this year. Customers in states served by the company will be able to purchase bitcoin using payment options such as MasterCard and Visa credit … Continue reading Bitcoin News: Trucoin Brings Bitcoin Buying Service to 32 US States
