Tag: Bitcoin

April 30, 2014 BY Gerald Segal

Bloomberg to list bitcoin prices, offering key stamp of approval

Digital-currency enthusiasts on Wall Street and pro-bitcoin venture capitalists argue newly regulated and professional exchanges are needed to generate the kind of trading volumes that would smooth out bitcoin's price, whose volatility is seen as an impediment to its widespread adoption News coming from Bloomberg, stating the company plans to list bitcoin prices on its…

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April 14, 2014 BY Andrew Saks-McLeod

Hollywood executives look to buy MtGox out of bankruptcy as bitcoin price falls below $400

Uncertainty has followed last year's soaring values and unprecedented demand in the aftermath of MtGox demise, with BTC values falling below $400 for the first time since last November. Would reviving MtGox be a very risky business? It is common practice in most industry sectors for large, stable companies which operate within a particular business segment…

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April 09, 2014 BY Gerald Segal

First Mexican Bitcoin Exchange Debuts

The platform is currently a standard exchange service between bitcoins and Mexican Pesos. Bitcoin Magazine™ reports that Bitso, the only platform on which to exchange bitcoins for Mexican Pesos is going live today. Interested parties will be able to register at bitso.com. The company emphasizes that its platform has been designed with ease of use and power…

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March 27, 2014 BY Gerald Segal

New Binary Option Trading Platform Takes Bitcoin-Only Payments

Beta website for nine different binary options, including gold, silver and crude oil, plus six foreign exchange pairs Bitcoin ONLY! That is the terms of service of new binary option trading platform UpDown. A few online gaming and sportsbooks accepting Bitcoin have popped up since the digital currency went into the mainstream consciousness. However, the…

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March 26, 2014 BY Andrew Saks-McLeod

MtGox to work alongside police to locate missing Bitcoins

As the search for missing virtual currency which contributed to the demise of MtGox continues, will co-operation with police unearch missing Bitcoins? Failed Bitcoin exchange MtGox has today announced via its website that it intends to work alongside the Police in relation to the disappearance of $490 million worth of Bitcoins. MtGox's website which has…

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March 24, 2014 BY Andrew Saks-McLeod

Tera Group to quell Bitcoin fears by offering virtual currency NDF

Despite its instability and susceptibility to risk, Bitcoin derivatives may be available as an NDF in the near future The eventful year of high profile events and ever-changing circumstance which surround virtual currency have largely not resulted in FX firms adopting it as a tradable instrument, except for a few pioneering mavericks. Even the volatility…

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March 21, 2014 BY Andrew Saks-McLeod

MtGox CEO Mark Karpeles reveals location of 200,000 lost bitcoins

Following the demise of MtGox resulting in 750,000 BTC losses to investors, former CEO Mark Karpeles notifies those concerned that 200,000 BTC have been located in offline wallets The highly unpredictable world of virtual currency has endured more than its fair share of extreme events over the last year, including fluctuating values when compared to…

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March 18, 2014 BY Andrew Saks-McLeod

MAS Highlights Intention To Regulate Virtual Currency Intermediaries

Monetary Authority of Singapore sets forth regulatory stance on virtual currency intermediaries, hinting at the nation's acceptance of Bitcoin as a viable tender How to regulate the unregulatable, that is the conundrum. Amid the continual attempts by various governmental departments worldwide during recent times to place controls on the usage, trading and flow of virtual…

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February 28, 2014 BY Gerald Segal

Its official - Mt Gox files for bankruptcy

The saga has ended - 750,000 BTC ($420 million) of customers' funds have been stolen from the company in the beginning of February According to a press conference that has been held in Tokyo, as of today it is finally official – Mt Gox has filed for bankruptcy protection. According to a CNBC report the…

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