Category Archives: Bitcoin News

We’re experimenting with bitcoin to see if it’s ‘real’

Square’s latest venture into the world of bitcoin is less of a validation of the popular cryptocurrency than it is a testament to innovation, Square CFO Sarah Friar told CNBC. “We’re a payment innovator. And therefore I think it behooves us to always know, where are our payments going?” Friar told “Mad Money” host Jim […]

Square’s bitcoin play is ‘big’

Mobile payment company Square’s willingness to test bitcoin on its app is “big” and could potentially drive the stock even higher, CNBC’s Jim Cramer said Wednesday. Shares of Square were 2.5 percent higher Wednesday, trading near $41 share, in the wake of the reports that the company is testing support for bitcoin through its Cash […]

Brokerage Chief: Bitcoin Futures Must Be Quarantined

A well-known electronic brokerage firm is issuing dire warnings against the CME Group’s plan to launch a bitcoin futures contract next month. But Interactive Brokers, in a comment letter dated Nov. 14, suggested a way to mitigate the risk it sees from such activity: The Commodity Futures Trading Commission (CFTC), under the auspices of J. […]

Bitcoin Gold: Cryptocurrency’s Android-Like Forks Could Boost Adoption

Two new cryptocurrencies have split — or “forked” — from Bitcoin, and that’s okay. Bitcoin Cash and Bitcoin Gold, which launched in August and November respectively, both take the original currency in a new direction, attempting to fix some of its biggest flaws. Karthik Iyer, India’s ambassador to the P2P Foundation that hosted one of […]

The Bitcoin Exchange That CME Plans to Use for Futures Is Down

This is exactly what the bitcoin futures naysayers have been warning about: One of the exchanges which CME Group Inc. would use to price the contracts is having serious issues. Clients of San Francisco-based Kraken are seeing slow responses from the website, connection timeouts and delays in withdrawals, the cryptocurrency exchange said in a statement […]

Bitcoin Gold Developer Under Scrutiny For Allegedly Hiding Mining Code

Mining The bitcoin gold development team is under fire once again as the currency’s mining community has discovered a hard-coded hidden fee protocol found within one of the bitcoin gold developer’s mining pool code. Miners say that BTG core developer, Martin Kuvandzhiev (StarbugBG), added a hidden 0.5 percent fee into the btgmine.org […]

Bitcoin surges past the $7,000 barrier again

Less than two weeks after Bitcoin broke the $7,500 barrier to hit an all-time high of $7,700, the popular cryptocurrency has yet again surged past the $7,000 mark. Despite a bumpy week which saw Bitcoin price drop to below $6,000 at one point, the cryptocurrency fluctuated around the $6,500 mark, until earlier today it passed […]

Bitcoin jumps more than 9% after news Square is testing the digital currency

Bitcoin has again recovered quickly from a sharp drop. The digital currency briefly surged more than 9 percent Wednesday to a high of $7,251.81, according to CoinDesk. That’s within 10 percent of its record high of $7,879.06 hit last Wednesday. Bitcoin had fallen 30 percent below that record over the weekend amid controversy over the […]

Bitcoin Mining in China is Not Banned Yet, Contrary to Reports

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Throughout this week, false reports regarding the legality of bitcoin and cryptocurrency mining have emerged. Local sources have revealed that bitcoin mining is not banned as of yet. Unconfirmed Reports and Rumors Initially, Sichuan Electric Power Company, released an unconfirmed circular which […]

Singaporeans Turn to Bitcoin Mining, Phenomenal Increase in Mining Rig Sales

Many Singaporeans have recently caught up with the Bitcoin craze, they turn to Bitcoin mining for ‘passive income,’ causing a sharp increase in demand for mining rig and graphics cards in the country. Sharp increase in mining rigs demand Channel News Asia reports how one Singapore-based mining rig manufacturer has experienced a sharp increase in […]

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