Agency bitcoin brokerage and exchange itBit announced today the opening of its London office to expand its presence in Europe, the Middle East and Africa. The company hired Jason Nabi to head the EMEA with an initial focus on the UK market. Until recently, Nabi was global business lead for post-trade services with a major European…
Read moreToday global bitcoin exchange Kraken announced a multi-million dollar agreement with SBI Investment, one of Japan’s leading and most respected venture capital firms, to invest in and lead the Series B round of financing in Kraken. SBI Investment is the venture capital arm of SBI Holdings Inc (TYO:8473), the world’s first internet-based financial conglomerate. The terms of…
Read moreGlobal bitcoin exchange Kraken today announced that they are acquiring major exchanges Coinsetter and Cavirtex. NYC-based Coinsetter, founded in 2012, is one of America’s most prominent national bitcoin exchanges, and Cavirtex, founded in 2011, is Canada’s first bitcoin exchange with unmatched historical trading volume in the country. With these two acquisitions, Kraken sets the stage for an…
Read moreThe following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] The value of Bitcoin has been indisputably volatile since its inception. Rising from only a few cents in 2010 to over $1,200 in 2013 then dropping down to $400 where it has remained for much of…
Read moreToday agency bitcoin trading service and exchange itBit unveiled their 2015 trading statistics with some milestone achievements. 2015 was an exciting year for itBit’s bitcoin trading services featuring many firsts and strong growth. In May, they launched their bitcoin exchange in the United States after becoming the first company in the space to receive a trust company…
Read moreIt is no secret the goals of the growing Bitcoin industry to achieve mainstream adoption for the decentralized non-governmental backed digital currency. To a certain degree, the achievements are very real for Bitcoin in its brief history. 2015 was a year of more adoption and more stability in price after a very volatile 2014, which…
Read moreThe following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] Who exactly created Bitcoin has been a constant debate within the Bitcoin the community since inception. No one knows if Satoshi Nakamoto, under whose name the original white paper explaining the Bitcoin protocol was published, was an…
Read moreThe following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] It is commonly argued that Bitcoin has no intrinsic value. To address these concerns, it is important to first understand what defines value. In terms of a currency, value must meet the following criteria: Means of…
Read moreBitcoin prices hit their highest value since January 2014, then drop 10%. But why?
Read moreFor followers of bitcoin the name Satoshi Nakamoto is well known as the pseudonym of the mysterious person or group of people who authored the paper, protocol and software that gave rise to bitcoin. Now it looks like according the latest reports coming from Reuters Australian police have raided Sydney home of the possible bitcoin creator. Will this…
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