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 today (Dec. 2) — well over November’s average price of about $725. Current numbers put the price at...
Blockchain, the U.K. bitcoin wallet provider, has reportedly opened its 10 millionth digital wallet. In an interview with Business Insider, Blockchain Cofounder and Chief Executive Peter Smith said it is likely it will have its biggest month in the company’s history this November. The surge is...
With tax season just a few months away, which means the season for creative forms of tax evasion is soon to begin. Sadly, for those with dreams of using bitcoin to cheat the tax man next year, there is some bad news. The Internal Revenue...
The price of bitcoin saw a steady rise this week after briefly dipping down below 700. The price as of the time of writing sits around $745. —— For this week’s Bitcoin Tracker, PYMNTS spoke with Darin Stanchfield, founder and CEO of KeepKey, the cryptocurrency hardware...
U.S. prosecutors late last week charged a Florida man in connection with an illegal bitcoin exchange. According to a report by Reuters, Ricardo Hill, 38, was arrested in Florida in October and charged with conspiring to operate an unlicensed money transmitting firm. Hill is linked to...
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. The election came...
It’s been a varied week for bitcoin. First, some positive news: Bitcoin’s upward pricing trend continues, more or less. It opened this morning with a value of $742 and peaked at $744 (about as close as bitcoin has come to its year high since it...
Zcash, the anonymous new bitcoin alternative that was just launched, found a bug that may stop private transactions from being mined. According to a blog post on Zcash’s website, the company said there is one known bug that causes private transactions to not get mined. “We’re going...
No doubt, new regulations can cause backlogs, inefficiencies and stalling. This may be the case for New York bitcoin regulation and exchange. In June 2015, Benjamin Lawsky was heading up New York’s Department of Financial Services (DFS), when it developed rules for virtual currency firms...
