Bitcoin News

googly (51)in #googly • 7 years ago

Israel Might Finally Issue Clear Bitcoin Regulations

Israel, Bitcoin Ambiguity can be dreadfully annoying when it comes to matters of law. Such is the case of bitcoin use in Israel, where citizens have yet to receive any official word on the subject. Soon, however, this issue might finally be resolved. Also read: Israel Securities Authority Chairman Outlines Concerns Regarding ICOs On Tuesday it was […]

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Source: https://news.bitcoin.com/israel-might-finally-issue-clear-bitcoin-regulations/

Quebec Attracts Cryptocurrency Miners with Inexpensive Hydropower

Quebec is increasingly becoming a location of interest for bitcoin miners. The Canadian province offering inexpensive electricity and cold winters providing inexpensive cooling. Also Read: Chinese Bitcoin Miners Explore Relocating Abroad Amid Fears of Crackdown A Young Canadian Entrepreneur Told Local Media That Quebec Is Becoming a Hotspot for Mining Mr. Bertrand runs approximately 50 ASICs […]

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Source: https://news.bitcoin.com/quebec-attracts-cryptocurrency-miners-with-inexpensive-power/

‘End the Fed’ Evangelist Ron Paul Plugs Bitcoin IRA for Retirement

'End the Fed' Evangelist Ron Paul Plugs Bitcoin IRA for Retirement The notorious former U.S. congressman, Ron Paul, is now telling FOX Business viewers to invest in bitcoin through an individual retirement account called Coin IRA. The staunch libertarian and gold bug makes his appearance on a nationally televised commercial telling millions that he’s “excited to see what bitcoin opens up.” Also read: Internet Archive Adds Bitcoin […]

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Source: https://news.bitcoin.com/end-the-fed-evangelist-ron-paul-plugs-bitcoin-ira-for-retirement/

A Visit to a Bitcoin Mining Farm in Sichuan, China Reveals Troubles Beyond Regulation

A Visit to a Bitcoin Mining Farm in Sichuan, China Reveals Troubles Beyond Regulation As many small and medium-sized mining data centers in Sichuan, Guizhou, and Inner Mongolia are closed for the sake of “environmental protection”, the “green” ones that remain operational usually avoid media exposure. After talking with dozens of data center owners, news.Bitcoin.com was granted the chance to visit a mining farm in Chengdu only to find that […]

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Source: https://news.bitcoin.com/a-visit-to-a-bitcoin-mining-farm-in-sichuan-china-reveals-troubles-beyond-regulation/

Troy University’s Malavika Nair Says Bitcoin Is Something Different Than a Classic Bubble

Troy University’s Malavika Nair Says Bitcoin Is Something Different Than a Classic Bubble Malavika Nair of Troy University describes bitcoin’s price phenomenon as something other than a classic bubble. Bubbles, she said, do not go up, up, up, then down a bit, only to go up, up, up in price a full step higher than before. “Whatever it is,” she reiterated, referring to bitcoin’s valuation, “it is definitely not […]

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Source: https://news.bitcoin.com/troy-universitys-malavika-nair-says-bitcoin-is-something-different-than-a-classic-bubble/

PR: Farewell, Retailers: How Ins Ecosystem Plans to Change the Consumer Goods Market

The global market for consumer goods is gaining speed: according to Persistence Market Research, this rapidly growing one will be worth $8.5 trillion by 2020. In three years, the online consumer goods market will be worth $300 billion.

However, a vast chasm separates producers and buyers. Retail is still operating under the same principles as it was ten or twenty years ago. The rules of the game are dictated by middlemen: wholesale and retail sellers. There are far fewer of them than suppliers and end consumers, but they are the ones who almost completely control the market.

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Source: https://news.bitcoin.com/farewell-retailers-how-ins-ecosystem-plans-to-change-the-consumer-goods-market/

The Price of Bitcoin Exceeds $8K Across Global Exchanges

The Price of Bitcoin Exceeds $8K Across Global Exchanges The price of bitcoin reached an all-time high of over $8K per BTC across global exchanges on November 19. The bullish momentum pushed the price upwards nine days after the Segwit2x working group canceled their efforts to fork the network. Also Read: A True Network or Troll? A Look at the “Bitcoin Clashic” Project Bitcoin Reaches […]

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Source: https://news.bitcoin.com/the-price-of-bitcoin-exceeds-8k-across-global-exchanges/

Meet the Pac-Man That Eats Bitcoin at this 21st Century Arcade

Meet the Pac-Man That Eats Bitcoin at this 21st Century Arcade The amusement arcade, like the shopping mall, is a 20th century relic. Once synonymous with teen idling and coming of age, these hangouts have since been eaten by the internet. But in one New Zealand town, the arcade is biting back, led by a Pac-Man that feeds on bitcoin. See also: This Week in Bitcoin: Failed […]

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Source: https://news.bitcoin.com/meet-pac-man-eats-bitcoin-21st-century-arcade/

Hong Kong Bitcoin Businesses are Frozen Out of Banking

Hong Kong Bitcoin Businesses are Frozen Out of Banking Hong Kong legacy banking outlets are making it difficult, if not impossible, for bitcoin-related businesses to run smoothly. Reports from the Chinese region include denial of accounts, freezing existing accounts, and long waits for approval — all without explicit reason. Also read: Life After China’s Exchange Ban – an Interview with Hong Kong-based Binance CEO […]

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Source: https://news.bitcoin.com/hong-kong-bitcoin-businesses-are-frozen-out-of-banking/

Markets Update: Traders Seek New Positions Waiting for the Next Price Swings

Bitcoin markets have been hovering around some new price territories recently, as the currency reached a few all-time highs over the past 72-hours. BTC reached a top of $7,997 on the popular exchange Bitstamp, and has come awfully close to $8,000 throughout many other trading platforms. Cryptocurrency enthusiasts are steadily waiting for bitcoin to surpass […]