Russia’s Ministry of Finance has announced proposals to ban the issuance of bitcoin and any operations involving crypto-currency. The legality of bitcoin has been discussed frequently in Russia since the beginning of this year. The Bank of Russia was the first government agency in the country to warn citizens and businesses about the risks associated…
Bitcoin prices consolidated in rangebound trade on Monday, as speculators awaited the next catalyst to influence price direction. BTC/USD inched up 0.02%, or 13 cents, on Slovenia-based BitStamp to trade at $587.28 during U.S. morning hours. Bitcoin prices were likely to find support at $555.90, the low from July 31, and resistance at $607.20, the…
The Royal National Lifeboat Institution (RNLI), informally known as the UK’s fourth emergency service, has announced it is accepting bitcoin donations. The RNLI says it is the first major charity in the UK to accept bitcoin. It also happens to be one of the oldest charities in the country, as it was founded in 1824….
Range Resources RRC reported first-quarter results Thursday. Quarterly production came in at 876 MMcfe per day, up 4% sequentially and 34% year over year and above both the company’s guidance and our forecast of 839 MMcfe/d. Growth was led by Range’s Marcellus acreage, where the firm continued to deliver impressive results across both its liquids-rich…
Pantera Capital, an investment fund that focuses on bitcoin, has announced an index it says will allow investors to track the cryptocurrency over a medium-term timeframe. Dubbed the BitIndex, it takes into account seven different factors that Pantera believes accurately charts bitcoin’s overall progress. What’s interesting is Pantera Capital is not including price in the…
Open-source online encyclopedia Wikipedia is now accepting bitcoin through a new partnership with Coinbase. With the integration now active, all users have to do is go to Wikipedia’s donation page and opt to pay in bitcoin. Like with any option, users can choose to make either one-time or recurring donations to the free encyclopedia. The…
