Burger King Now Accepts Bitcoin

PYMNTS

For some, bitcoin and cryptos — beyond a means of speculation — are a solution in search of a problem. Moreover, as reported by The Next Web , that the mechanics are such that bitcoin and, it is assumed, other cryptos, would be changed into fiat and then transactions would be completed.

The future of bitcoin

Chris Skinner

Everyone keeps asking should I buy bitcoin and my answer is always it’s your choice. I don’t believe in bitcoin, but I’m not one of those doom mongers who say it’s going to die. It won’t … The post The future of bitcoin appeared first on Chris Skinner's blog.

Bitcoin Daily: Tether Beats Out Bitcoin In Trading Volume; EOS Receives $24M Fine From SEC

PYMNTS

Believe it or not, bitcoin is no longer the most used cryptocurrency, with data from CoinMarketCap.com revealing that the token with the highest daily and monthly trading volume is Tether.

China May Move To Ban Bitcoin Mining

PYMNTS

China could move to ban mining for bitcoins if a draft list of activities the country’s state planner wants to ban becomes law. It has also been clamping down on bitcoin mining which has resulted in bitcoin mining operations setting up shop outside of China.

Bitcoin Hits New All-Time-Low

PYMNTS

Bitcoin marked the beginning of December with another drop in value – this time by 8 percent, according to a report by CNBC. Following a 37 percent drop in November, which took about $70 billion off bitcoin’s market value, the cryptocurrency found a new bottom at $3,790.96.

Bitcoin, Stablecoin, Blockchain, Enterprise Ledger … WTF?

Chris Skinner

Now, most people think that blockchain is something … The post Bitcoin, Stablecoin, Blockchain, Enterprise Ledger … WTF? I used to blog about blockchain and cryptocurrency almost every day. I stopped as it got too hyped, scammed and boring.

Afghanistan Turns To Bitcoin To Boost Economy

PYMNTS

Afghanistan is looking to boost its ailing economy with bitcoin. Sediq explained that bitcoin could be used with a form of metals future, such as lithium, adding that the value of Afghanistan’s mineral reserves is estimated at more than $3 trillion.

Bitcoin Daily: Moon Browser Allows Use Of Bitcoin For Amazon Purchases; Bitcoin Price Swings Could Make A Comeback

PYMNTS

New York-based startup Moon will allow customers to pay for their Amazon purchases with bitcoin via the Lightning Network, bitcoin, Litecoin or Ether. “We We are engineers, builders and enthusiasts who love bitcoin and the change it will bring to the world.

Do Grocery Stores Need Bitcoin ATMs?

PYMNTS

In a new PYMNTS interview, Neil Bergquist, CEO of bitcoin ATM provider Coinme , spoke about how his company is part of the launch of bitcoin payments via Coinstar kiosks, those change-handling machines often located near ATMs, customer service desks or front entrances at grocery stores.

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Bitcoin Tracker: Bitcoin Black Friday

PYMNTS

In this week’s Bitcoin Tracker, bitcoin soars, then settles down and plans for its yearly sale abound. Switzerland gives bitcoin a hand by way of rail ticket machine sales, an Australian startup banks on the aptly named Dash and Zcash fervor fades. But as markets saw their prices fall, bitcoin’s numbers went up. early Wednesday morning — near bitcoin’s year high. Bitcoin Black Friday’s popularity has grown significantly since its start.

Bitcoin Daily: Hublot Unveils Bitcoin Watches; Swiss Regulator Throttles Bank Crypto Trading

PYMNTS

On another note, Hublot has unveiled a watch that has a bitcoin theme amid the cryptocurrency’s 10th birthday, The Next Web reported. In addition, only 210 of the watches will be made, as only 21 million bitcoins will come to fruition.

Twitter CEO Supports Bitcoin, Faster Payments

PYMNTS

Jack Dorsey, billionaire tech founder and current CEO of Twitter, said he only owns bitcoin and that he supports the Lightning Network , a bitcoin network update that could make bitcoin payments speedier and less expensive, according to reports. 5): “I only have bitcoin.”

The History of Bitcoin

Chris Skinner

Gemuel Franco over at Fried.com shared a great infographic on bitcoin with me, so I thought I should share it with you. bitcoins to a dollar would now equate to circa $5.5 The post The History of Bitcoin appeared first on Chris Skinner's blog.

Bitcoin Daily: Daimler Completes Pilot Blockchain Transaction; Bitcoin Payments Coming To Starbucks Via Fold App

PYMNTS

In addition, Fold’s editor, Will Reeves, wrote in a blog post that users can now spend both fiat currency and bitcoin at online and in-store retailers by synchronizing their credit card or Lightning wallet.

Bitcoin Daily: HTC’s Exodus Blockchain Phone Now Supports Bitcoin Cash; Parsiq Offers Blockchain Data Analysis

PYMNTS

HTC has announced it is partnering with Bitcoin.com to add bitcoin cash support for its Exodus 1 blockchain phone, which will come with Bitcoin.com’s preinstalled wallet and be rolled into the Exodus 1 software update.

Bitcoin Futures Rollout In Jeopardy

PYMNTS

Intercontinental Exchange ( ICE )’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. According to the paper, what’s holding up approval is a disagreement about how Bakkt (the name for the bitcoin futures) should be regulated.

Bitcoin Daily: Owner Of NYSE Launches Bitcoin Futures Contracts; SIX Swiss Stock Exchange Debuts Pilot Crypto Platform

PYMNTS

Intercontinental Exchange, the owner of the New York Stock Exchange, announced it has launched its own bitcoin futures contracts. In fact, bitcoin’s price increased just 0.5

Bitcoin Daily: Square’s Crypto Branch To Provide $100K To BTCPay Foundation

PYMNTS

Square Crypto has announced that it is giving the first of many grants to support open-source bitcoin projects to the BTCPay Foundation. BTCPay represents everything we love about open-source bitcoin projects.

Bitcoin Daily: Bitcoin Mining Startup Lands $50M From Big-Name VCs; Bitcoin Transaction Fees Have Now Exceeded $1B

PYMNTS

The company will use the funding to build a bitcoin mining operation, which it claims to be the first bitcoin mining company in the U.S. “at In other news, data from Hard Fork shows that bitcoin transaction fees have now exceeded $1 billion. And Aliant Payments , a provider of merchant services and payment processing, announced it will be paying its employees part of their compensation package in a combination of bitcoin and litecoin.

The Bitcoin Bust And Its Ripple Effects

PYMNTS

It has not been a great week for the price of bitcoin, or really any cryptocurrency for that matter. The price of bitcoin has fallen and stayed below $6,000 for the last four days and no one’s predicting a rally anytime soon. Why Bitcoin Busted. How low can bitcoin go?

Bitcoin Daily: Bitcoin Briefly Breaches $3,700; NH Eyes Crypto Tax Payments

PYMNTS

Despite the fact that it’s rejected a number of bitcoin exchange-traded fund (ETF) proposals, a commissioner at the U.S. While a number of bitcoin ETF proposals have requested SEC approval, none have been approved. And bitcoin finally moved past $3,500 — if only for a short time.

Bitcoin Drops Below $6,000

PYMNTS

The market capitalization of bitcoin, the leading cryptocurrency, declined to under $100 billion for the first time since October of 2017 amid a steep sell-off in digital tokens Wednesday (November 14). In Asia bitcoin was priced at $5,564.70

Bitcoin Daily: Bakkt Trust Crypto Platform Gets Trust License In NY

PYMNTS

Bakkt is now authorized to provide custody services for bitcoin along with the launch of physically delivered bitcoin futures contracts. Its bitcoin futures contracts will be listed for trading on Intercontinental Exchange (ICE) Futures US and cleared through ICE Clear US.

Bitcoin Price Continues To Fall — How Low Can It Go?

PYMNTS

The bitcoin bust continued Monday (Nov. Over the past week, the price of bitcoin has declined some 20 percent — and at least 60 percent since January. How low can bitcoin go?

Bitcoin Tracker: Bitcoin Flies High

PYMNTS

Only two days in, and December has already been good to bitcoin. This week saw bitcoin’s price jump over its previous 2016 high to reach a high of $778.14 These things can change by the minute, as all cryptocurrency users well know, but the end of November and the first few days of December appear to have been good to bitcoin holders. This time last year, bitcoin’s price was closer to $360, coming up from a slump in the mid-$200s for much of 2015.

Bitcoin is an Unstoppable Force

Daily Fintech

Patrick McHenry described Bitcoin as an unstoppable force: “The world that Satoshi Nakamoto — author of the Bitcoin white paper — envisioned, and others are building, is an unstoppable force. The post Bitcoin is an Unstoppable Force appeared first on Daily Fintech.

Palestinian Terrorist Group Uses Bitcoin To Raise Money

PYMNTS

Hamas, the militant Palestinian group, has come up with a new way to raise funds for its terror campaigns: bitcoin. And online researchers have recently discovered campaigns by Syrian militants that requested donations be sent to bitcoin addresses posted on social network Telegram. “I

Most People Would Still Invest in Bitcoin

Bank Innovation

EXCLUSIVE – Think the bitcoin craze has died down? A new report shows that six out of 10 people with no current exposure to cryptocurrencies would consider including altcoins and bitcoin in their investment portfolios. Cryptocurrency DataBank Premium Bitcoin cryptocurrency

Bitcoin Price Sinks On Libra Concerns

PYMNTS

Lawmakers doubts over Facebook ‘s planned cryptocurrency, Libra, is having a negative impact on bitcoin. The Wall Street Journal reported that bitcoin’s price fell to about $9,100. Bitcoin banking bitcoin Congress cryptocurrency Facebook Libra News What's Hot

Bitcoin Daily: Hedgefund Billionaire Plans $1B Crypto Venture; Baton Gets Series A Funding

PYMNTS

In other bitcoin news, Korean startup Artbloc is selling two works by David Hockney in September and will issue 8,500 tokens for “Focus Moving” and 5,000 tokens for “Pictured Gathering with Mirror,” Coindesk reported on Friday (Aug. Nevada currently has 110 bitcoin ATMs.

The 2018 Bitcoin Crash, Bit By Bit

PYMNTS

At this writing, bitcoin’s price hovers around $3,807. Long ago and far away, bitcoin enthusiasm was measured in dollars, and what a difference a year makes. Consider the fact that UBS said this past summer that bitcoin could replace fiat when it reached a value of $213,000.

Bitcoin Daily: Bitcoin Rises After Recent Crash; IRS Delivers New Rules For Crypto Investors

PYMNTS

Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. Bitcoin is making a comeback after its September crash.

Amazon Will Soon Accept Bitcoin Payments

PYMNTS

Bitcoin, through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites, according to reports. Cryptocurrency Amazon bitcoin cryptocurrency digital payments ecommerce News Payment Methods payments QR codes What's Hot

Bitcoin Daily: TV Show Creator Sues Facebook For Bitcoin Ad Scam; Vancouver Cracks Down On Bitcoin ATMs

PYMNTS

Dutch billionaire John de Mol, who created the reality TV program “Big Brother,” is suing Facebook for allowing fake ads which used his name and image to commit bitcoin-related fraud that swindled 1.7

Bitcoin Daily: Facebook Posts 22 Blockchain Jobs; Bitcoin Trader Scam Costs Investors $1.5M

PYMNTS

While bitcoin price briefly hit above $4,000 last week, the crypto is now nearing overbought levels. is banned from trading because of his alleged involvement in a bitcoin scam. And if it reaches that overbought territory, it could see further declines.

Bitcoin Daily: Bitcoin Falls To Lowest Price In Two Weeks; Hackers Use WEX Exchange To Launder Bitcoin

PYMNTS

Bitcoin has had its ups and downs over the last few weeks. According to MarketWatch , a single bitcoin on Monday was selling for $3,714.60, down 1.9 Crypto Analyst Willy Woo explained that, since it is currently a bear market, bitcoin’s value could decline even further.

HTC Rolls Out ‘Bitcoin Node’ Smartphone

PYMNTS

The differentiator is that it includes a hardware wallet and can run a “full Bitcoin node,” which HTC says is a first for a smartphone. “We HTC initially made the announcement last month that it was partnering with Bitcoin.com to add bitcoin cash support for its Exodus 1 blockchain phone.

BITSTOP introduces bitcoin ATM

Mobile Payments Today

Andrew Barnard, Co-founder of BITSTOP demos the bitcoin ATM

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Mark Carney slams bitcoin

Chris Skinner

The Governor of the Bank of England, Mark Carney, has slammed the rise of cryptocurrencies insisting the costs to mine bitcoin is ‘enormous‘ and that the energy consumption is worrying, declaring current costs of electricity consumption used to mine the coins are “double the electricity consumption of Scotland.” The UK’s leading … The post Mark Carney slams bitcoin appeared first on Chris Skinner's blog.

Bitcoin Daily: Tether’s Parent Co. Hit With $1T Lawsuit; Nearly $10B In Bitcoin Held In Crypto Exchanges

PYMNTS

In other news, $10 billion worth of bitcoin — or almost 7 percent — is currently held in the wallets of eight major cryptocurrency exchanges. Bitcoin bitcoin daily cross-border payments cryptocurrency digital payments Lawsuit market manipulation Mobile Payments News Tether What's Hot The umbrella company running Bitfinex and Tether , iFinex, has been hit with a $1 trillion class-action lawsuit.

Bitcoin Daily: New Zealand Allows Crypto Wages; SEC Postpones Bitcoin Funds Decision

PYMNTS

Securities and Exchange Commission ( SEC ) has delayed a decision on approving two bitcoin exchange-traded funds. As Bloomberg reported, decisions on both the Bitwise Bitcoin ETF Trust and the VanEck SolidX Bitcoin Trust have been repeatedly put off by the SEC.

Bitcoin Daily: Rebuilding Notre Dame With Bitcoin; Assange Arrest Leads To Bitcoin Donations

PYMNTS

Bitcoin users might soon be able to donate to help rebuild Notre Dame Cathedral. Although bitcoin isn’t one of the approved currencies, France’s Minister for Digital Affairs Cedric O said he is willing to speak to crypto platforms about possibly allowing bitcoin donations. “We

Nearly 20 Pct Of Bitcoin Traders Have Been Hacked

PYMNTS

A new survey has found that 19 percent of bitcoin traders have been the victim of a hack on cryptocurrency exchanges, while 15 percent of consumers have been hit with crypto fraud.