This summer promises to be a big one for bitcoin. There are two major events taking place that are expected to have far reaching effects on the popular cryptocurrency. One of these involves the current goings on of world politics and economics while the other pertains to the digital currency on a more fundamental level. However, understanding exactly how these will affect the future of … Continue reading Welcome to the Summer of Bitcoin
Bitcoin has only been relevant on a large scale for a few years, and already there has been an active debate over how it should be classified as a unit of value. And this fall, that debate has reached its conclusion, at least for the time being, in two of the most influential financial markets in the world. Recently, news broke that the European Union … Continue reading What Does It Mean To Invest In Bitcoin ?
Bitcoin which has been regularly touted as the digital payment system which will take over soon enough, has been falling off in price. Since its inception, bitcoin has seen some very extreme price levels. It has been both over and under valued at different points of time. Therefore, the current price volatility does not come as a major surprise for anyone who has been following … Continue reading Bitcoin Update: Bitcoin Prices are falling heavily
A private hospital in Warsaw, Poland, which is run by the Medicover Group, will soon let patients pay their bills in bitcoin. A bitcoin ATM planned to be launched at the facility in the near future should make that process even easier. While a number of clinics and doctors around the world have been accepting bitcoins for minor treatments and consultations, the medical facility is … Continue reading Hospital to accept Bitcoins
Bitcoin firm BitX, which focuses on bringing bitcoin services to emerging markets, has added Malaysia to its stable of exchanges. The new exchange, which has been operating live for two weeks now, allows Malaysians to link local bank accounts for both deposits and withdrawals in the local currency, the ringgit. In keeping with BitX’s goal to provide local services with local staff, customer support is … Continue reading Bitcoin News: A New Feature-Rich Bitcoin Exchange Opens Up in Malaysia
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
