There have been many bold predictions about the future value of bitcoin (BTC). In the past year, the digital currency has increased substantially from just a few dollars to as high as $1,200 – it’s currently trading at just over $800, which is still quite high. One business expert … [Read more...]
Bitcoin Boom – ATMs, BitLicenses New York and Toronto
Over the past year, bitcoin (BTC) ATMs have started to become ubiquitous all over the world. Entrepreneurs interested in the cryptocurrency industry have already launched such machines in Vancouver, Hong Kong and San Diego with more being planned in other major metropolitan … [Read more...]
Did David Marcus CEO of PayPal Just Publicly Say PayPal Supports Bitcoin?
David Marcus CEO of PayPal may have just hinted that PayPal is a supporter of bitcoin (BTC). As first reported on reddit you can see David Marcus tweets in the image below that "We're believers in BTC". We already know that David Marcus owns bitcoins "I really like Bitcoin. I … [Read more...]
New Bitcoin Insurance Service and Increased Merchant Acceptance Despite China Crackdown
Elliptic Vault, a United Kingdom-based startup underwritten by Lloyd’s of London, is using deep cold storage to become the first company in the world to offer insurance for bitcoin (BTC) owners. According to the company’s website, the bitcoin storage service insures deposits of … [Read more...]
