Bitcoin Is a New Haven From Hyperinflation for Rich Latin Americans
Dec11

Bitcoin Is a New Haven From Hyperinflation for Rich Latin Americans

Latin America has known far more than its fair share of economic troubles over the years. Whether it’s populist revolutions, military coups or some other calamity, the rich in the region always had to think of how to protect their wealth from possible confiscation, hyperinflation or whatever may come. Unlike in the past when they turned to offshore banking, real estate and gold, the best solution right now is also easily...

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Markets Update: Bitcoin’s Value Climbs After Cboe Opens XBT Trading
Dec11

Markets Update: Bitcoin’s Value Climbs After Cboe Opens XBT Trading

Bitcoin’s value has been climbing since the recent opening of Cboe’s futures markets. The spot price of BTC had dipped a good 3 percent an hour prior to Cboe’s Sunday evening trading sessions, but volume immediately spiked at precisely 6 pm ET when the futures trading opened. At the moment bitcoin is hovering around the $15,700-15,950 range on Bitstamp, and Cboe’s bitcoin futures markets have been going wild....

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Lamassu Adds Bitcoin Cash Giving BCH More ATM Support
Dec11

Lamassu Adds Bitcoin Cash Giving BCH More ATM Support

Bitcoin cash has been gaining more support from within the automated teller machine ecosystem after a few companies revealed the digital asset would be integrated into their machine’s software. Now, this past week the bitcoin cash (BCH) community got more infrastructure endorsement from the ATM manufacturer Lamassu as the firm announced BCH support has been implemented into their machines. Also Read: This Bulgarian Business...

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Britain’s GCHQ Spy Agency Is Closely Monitoring Bitcoin
Dec11

Britain’s GCHQ Spy Agency Is Closely Monitoring Bitcoin

GCHQ, the British equivalent of the NSA, is closely monitoring bitcoin at the behest of its government. The code-cracking agency, famous for deciphering German communications via its Enigma machine in World War II, now has a new threat to track. Like many other government agencies around the world, it has taken a keen interest in bitcoin. Also read: UK Ministry of Treasury Plans to Regulate Bitcoin The UK’s GCHQ is Watching BTC...

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Thinking of Shorting Bitcoin Futures? GBTC Bears Nurse Big Losses
Dec11

Thinking of Shorting Bitcoin Futures? GBTC Bears Nurse Big Losses

With Cboe launching its futures markets and CME set to begin its bitcoin derivatives products next week, many people are speculating on individuals and organizations short selling the cryptocurrency. However, there already is a publicly traded bitcoin investment vehicle called the Bitcoin Trust (GBTC) that can be short sold as well. Although, those trying to short GBTC this year have been getting burned as GBTC short sales are down...

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Bitcoin Gamers Offered Steam Lifeline, Craigslist Goes Crypto
Dec10

Bitcoin Gamers Offered Steam Lifeline, Craigslist Goes Crypto

In a blow for serious gamers who use the world’s most popular cryptocurrency, bitcoin, Steam announced they would no longer accept it as a method of payment. Price volatility and high transaction fees doomed the relationship. In freer economies, however, other companies like Bitrefill see such problems as an opportunity to gain market share by providing customers a lifeline to coveted services. And sensing advantage as...

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