In an announcement yesterday, Bitstamp has announced that clients can now trade Euros for Dollars, marking the bitcoin exchange?s entry into the biggest traditional currency trading pair in the foreign exchange market. Bitcoin exchange Bitstamp has e
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Chinese Investors Fueling Bitcoin Price Jump, Wall Street Journal Reports
The 16% jump in bitcoin?s price in the past four days has largely been driven by Chinese investors, according to The Wall Street Journal, despite government efforts to curb bitcoin trading. The surge, which pushed bitcoin to $525.49 on Monday, has ad
Bitcoin Price Hits $550, Pullback.
Bitcoin price achieved $550 in the Bitstamp chart, today. With Bitfinex already having spiked to $570, it looks like price will now correct the wave of advance before pushing higher. Technical analysis looks for confirmation of the move, as well as i
Feds Discover Bitcoin Theiving Sheep Marketplace Culprits
One of the oldest, largest thefts in Bitcoin history, the robbery of early Darknet Market (DNM) Sheep Marketplace, may have finally reached its conclusion. Folks newer to Bitcoin may not remember the scandal, which led to the closure of the popular b
Bitcoin Payments Enabled by Indonesian E-Marketplace
A prominent e-commerce and digital payment platform in Indonesia, KinerjaPay Corp., has enabled bitcoin payments for transactions on its platform. This will be the first time that an e-commerce portal in Indonesia allows for bitcoin transactions on i
Book on Blockchain Earns Mixed Review in the Wall Street Journal
A book called ?Blockchain Revolution? about the workings and potential benefits of bitcoin and blockchain technology gained an extensive, though somewhat skeptical review in yesterday?s Wall Street Journal editorial page. The father and son team of D
Bitcoin Support Coming? PayPal Files Patent for Payment Device That Accepts Cryptocurrencies
PayPal Inc. has filed a patent application for a modular payment device that accepts bitcoin and other digital currencies. The application, filed with the U.S. Patent & Trademark Office, includes a lengthy description of how it manages virtual cu
Ethereum DAO Critics Call for a Moratorium
The Distributed Autonomous Organization (DAO), a smart contract on the Ethereum blockchain that has raised 11.5 million Ether, has some design issues that could cause investors to act in ways that could undermine the project. Three individuals, Dino
Nasdaq Financial Framework for Markets Includes Blockchain
Nasdaq, a global provider of trading, clearing, exchange technology, listing, information and public company services, will launch a harmonized framework to provide solutions including blockchain to providers of financial infrastructures. Nasdaq will
Bitcoin Price Nears $550
Bitcoin price achieved a new high at $540 (Bitstamp) and 4000 CNY. The $550 resistance level remains untouched and should still be on the cards if the market can maintain momentum. This analysis is provided by xbt.social with a 3-hour delay. Read the