Daniel Cawrey (@danielcawrey) | Published on May 4, 2014 at 13:30 BST | Altcoins, Analysis, Butterfly Labs, Dogecoin, KnCMiner, Litecoin, Mining, News, Technology inShare5
Read moreThe value of the Bitcoin has soared in recent months, but can the technology also help make predictions? A research team from a venture capital firm lists top 10 predictions for the digital currency in 2014.
1. More than $100M of venture capital will flow into Bitcoin start-ups. This pool of capital will be distributed across local/global exchange start-ups (e.g. BTC China*), merchant related services (e.g. Bitpay), wallet services (e.g.Coinbase) and a host of other innovative…
(Reuters) - Bitcoin enthusiasts were buzzing about the arrest of a high-profile promoter of the digital currency at Monday night's weekly Bitcoin trading session in Manhattan's financial district.
Charlie Shrem's detention on money laundering charges the day before shocked New York's Bitcoin community, which meets in a small conference room to trade the currency. It is contemplating the end of a world of intrigue away from the watchful eyes of police and regu…
In the next year, Bitcoin will start its transformation from a mere currency into an entire open-source, decentralized exchange for everything from futures contracts to car rentals.FORTUNE -- In 2013, bitcoin's valuation didn't just skyrocket, but its infrastructure, services, and adoption exploded as well, culminating in recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as payment. Some…
Read moreBitcoin remains a mystery to many on Main Street America. However, many analysts and experts think that the digital currency's future lies in the payments business, a $500 billion dollar industry for tradition financial institutions like JP Morgan and Visa. The problem with current payment technology is that, while effective, it is very slow, inefficient, and vulnerable to hacks and cyberattacks. Bitcoin, while it has many problems of its own, solves a number of the issu…
Read moreSpontaneous trading erupted last week on New Year's Eve, the official launch of the NYC Bitcoin Center. Hundreds of eager cryptocurrency enthusiasts gathered to usher in the New Year and celebrate the grand opening of the center, the first of its kind in the world. Keynote speaker Congressman Steve Stockman (R-TX) shocked the crowd by taping a QR-code to his suit, accepting Bitcoin donations for his 2014 Senate campaign, the first U.S. Senate candidate to officially embr…
Read moreBitcoin ATM
Josh Harvey, co-founder of Lamassu, showed off the first bitcoin dispenser at last week’s Consumer Electronics Show and has found quite a bit of interest for the $5,000 machines. The machine, designed and manufactured in Portugal, looks like a typical deli ATM — but functions more like a vending machine. You put in US dollars and receive bitcoins back on your phone.
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