Latest Bitcoin News by Category: News

Is PayPal building a Bitcoin-friendly wallet?

Posted on 19th February, 2014

Speaking with Bloomberg TV yesterday, eBay CEO John Donahoe dropped interesting tidbit of information about PayPal’s plans for integrating digital currencies. Responding to a question from Street Smart‘s Matt Miller about looming competition from Bitcoin, Donahoe said: You can use digital currencies in the PayPal digital wallet, that’s in fact what PayPal is doing … […]

Bank of Montreal closes Cointrader’s accounts

Posted on 19th February, 2014

On Monday, Vancouver-based Bitcoin exchange Cointrader announced in a blog post that their corporate and customer account have been closed by the Bank of Montreal. The decision by Canada’s forth-largest bank follows recent negative comments about cryptocurrencies from Canadian Finance Minister Jim Flaherty. Flaherty’s comments noted that Bitcoin and related currencies represented a “threat” to […]

Blockchain CEO donates $10,000 in Bitcoin to University of Puget Sound

Posted on 19th February, 2014

In 2007, Nic Cary graduated from at Washington State’s University of Puget Sound with a Bachelor of Arts degree from the Business Leadership Program. In the seven years since his graduation, Cary has done alright for himself thanks to savvy investments in Bitcoin. Now the CEO of Blockchain.info, Cary decided to make a fitting donation […]

New warning on cryptocurrencies from Israeli regulators

Posted on 19th February, 2014

Israel’s two major state financial regulators issued a joint statement today warning urging caution on “decentralized ‘virtual currencies’ (such as Bitcoin).” The statement from the Israeli Ministry of Finance and Bank of Israel (BoI) doesn’t introduce new regulation in the country, but it does serve as an indicator of current government thinking about Bitcoin and […]

First U.S. Bitcoin ATM launches in Albuquerque

Posted on 19th February, 2014

The race to bring the first Bitcoin ATM to the U.S. is over. Earlier today, Enchanted Bitcoin activated their Lammasu-made Bitcoin ATM at the Imbibe cigar bar in Albuquerque, New Mexico. The news comes on the heels of yesterday’s announcement of Austin and Seattle-bound machines by rival Bitcoin ATM manufacturer Robocoin. According to a report […]

PassportParking brings Bitcoin to parking meters

Posted on 18th February, 2014

North Carolina-based company PassportParking recently announced plans to include Bitcoin as a method of payment for their parking-payment apps. The company, which currently operates in 35 states, has partnered with BitPay to test their new payment model. Customers currently use the PassportParking app, available on both iOS and Android, to pay for metered parking spots […]

CNN Money: A $50,000 Bitcoin?

Posted on 18th February, 2014

Could Bitcoin actually be worth around $50,000? A story on CNN Money by Fortune‘s David Z. Morris suggests that this might not be too far off. Speaking with Susan Athey, professor of economics at the Stanford Graduate School of Business, Morris notes that Bitcoin is only a few steps away from having that valuation. Morris […]

Low-Cost Bitcoin ATMs on the way

Posted on 18th February, 2014

Yesterday, Helsinki-based Bitcoin marketplace LocalBitcoins.com announced the development of their first Bitcoin ATM. The machine is set to retail for around $2,750 (€1,990), making this the least expensive such device yet announced. The ATM allows both buying and selling of Bitcoin of fiat currency from any LocalBitcoin-held wallet, and is capable of at least some […]

Seattle and Austin to get first U.S. Bitcoin ATMs

Posted on 18th February, 2014

With new Bitcoin ATMs being announced on an almost daily basis for cities like London, Vancouver and Singapore, it was only a matter of time before the U.S. got in on the action. If Robocoin has its way, Seattle and Austin will be the first cities in the U.S. to have access to this still-experimental […]

Report: Bitcoin price plunge could have been much worse

Posted on 18th February, 2014

How bad have the recent Bitcoin price drops been for the overall market? Not as bad as they would have been six months ago, according to a report from investment firm Wedbush Securities. The 16-page report, titled ‘Bitcoin: Watch the Innovation, Not the Price,’ claims that the Bitcoin market has actually shown a surprising resilience […]