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Prosecutors Pay Bitcoin Ransom, Yet IRS Targets Coinbase Data
In the midst of the IRS’s legal battle to uncover the identities of Bitcoin users, federal prosecutors have revealed that a state prosecutor’s office had to battle for its own private information, also involving Bitcoin. Pennsylvania’s Allegheny ...
12/07/2016 07:39 PM

Payments start-up Circle moves away from bitcoin business
NEW YORK U.S.-based Circle Internet Financial Ltd, a social payments app backed by Goldman Sachs, said on Wednesday it will no longer allow customers to buy and sell bitcoin because it has failed to become a meaningful part of its business. "Using bitcoin ...
12/06/2016 07:45 PM

Bitcoin Values Could Triple Under Donald Trump
Alternative currencies may benefit from "economic chaos." Bitcoin has been described as a “scam,” and not a real currency. “Bitcoin isn’t an investment, it’s a slot machine. Or, more accurately, a loaded roulette wheel,” Jeffrey Robinson, the ...
12/07/2016 04:55 AM

Bitcoin Powerhouse Will Pull the Plug on Bitcoin
Circle Internet Financial Ltd., one of the most heavily-funded digital currency startups, will no longer offer customers the ability to buy and sell bitcoins. The move, disclosed by the company Wednesday, is the latest indication that the financial ...
12/06/2016 09:16 PM

Demonetisation: Why Bitcoin is gaining currency in cashless times
Nobody in the lecture hall was taken aback when Sahil Shah, a second-year BBA student of Nirma University, Ahmedabad, secured a perfect 10 in his class project — on bitcoins. “A man who can make money selling bitcoins can also yap about it,” jibed ...
12/07/2016 02:54 PM

As Businesses in India come to a Halt, Bitcoin and Asiadigicoin Profit From Demonetization
Abhishek Bhandari of Asiadigicoin (ADCN) explains how the ongoing demonetization of India helps Bitcoin and other digital currencies. Cointelegraph: Would you say the recent demonetization in India is a step in the right direction? Abhishek Bhandari: Well ...
12/07/2016 08:21 PM

What the Blockchain Industry is Saying About Circle's Bitcoin Shift
You could say there was a certain feeling that went beyond the news. On the surface, Circle's decision to stop offering bitcoin buying and selling services might have precedent. The company had long talked about its drive toward social payments, and its ...
12/07/2016 09:15 AM

Insurance helps Bitcoin become safer for mainstream consumers
Bank depositors get tax-payer funded insurance in many jurisdictions (such as FDIC in America) in case a bank goes bankrupt. Your Bitcoin in Mt.Gox or BitFinex….buyer beware. People paying by Credit Card can fight back against a fraudulent charge.
12/07/2016 05:46 PM

Will Bitcoin Reach $2,000 During Trump’s Presidency?
Whether you agree with Donald Trump’s politics or not, you have to admit he’s done wonders for bitcoin. Following the election results, trading skyrocketed on platforms ranging from ZebPay to Digital Currency Group. Saurabh Agrawal, co-founder of ...
12/07/2016 09:04 AM

Bitcoin Price Watch; Volatility Spike! – NEWSBTC
So we’re off to a fresh day of trading in the bitcoin price, and with any luck, we’ll get some volatility this morning. Volume picked up yesterday evening, and the frequency of breakout entry opportunities increased, but price has remained relatively ...
12/07/2016 07:13 PM

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