13% Have Used Bitcoin to Buy Stuff Online: Kaspersky Labs Study

Researchers at cybersecurity firm, Kaspersky Labs say one-in-ten people have now used Bitcoin and other cryptocurrencies to make purchases online. Also, data from Bitcoin directory service platform, Coinmap shows that businesses accepting Bitcoin have surged by more than 700 percent within the last six years. Online Retailers Accepting Bitcoin According to a survey by Kaspersky Labs, … Continue reading 13% Have Used Bitcoin to Buy Stuff Online: Kaspersky Labs Study

Novogratz: Institutional Money Coming in the Next 6-12 Months

Former Wall Street hedge fund manager and popular Bitcoin proponent Mike Novogratz thinks that institutional money will start coming into the cryptocurrency market in the next 6 to 12 months as custody solutions are rolled out.  They Won’t “Rush In on Day One” Speaking on Bloomberg Daybreak: Middle East, the CEO at Galaxy Digital laid out his … Continue reading Novogratz: Institutional Money Coming in the Next 6-12 Months

Saudi Arabia Monetary Authority (SAMA) Is Helping Promote Ripple Technology

One year after Ripple signed an agreement with the Saudi Arabian Monetary Authority (SAMA), Mohsen Al Zahrani, the authority’s Head of Innovation, has confirmed that the KSA Central bank will not be using the technology but two local banks will adopt xCurrent and roll out their services by March 2019. This confirmation is what the … Continue reading Saudi Arabia Monetary Authority (SAMA) Is Helping Promote Ripple Technology

EOS Price Analysis: Bulls In Control, Next Targets $3.20, $3.40

EOS price rallied recently and traded above the $2.50 and $2.80 resistances against the US Dollar. The current price action is positive, suggesting more gains in EOS the USD, BTC and ETH. Key Talking Points EOS price climbed higher sharply and broke the $2.50 resistance (Data feed of Kraken) against the US Dollar. Recently, there … Continue reading EOS Price Analysis: Bulls In Control, Next Targets $3.20, $3.40

Bitcoin (BTC) Price Analysis: Still Waiting for a Bullish Flag Break

Bitcoin is still treading sideways in a short-term consolidation that looks like a bullish flag pattern. This is around the top of the descending channel visible on the 4-hour time frame, which explains why there is a lot of resistance. If this area continues to keep gains in check, price could resume the slide to … Continue reading Bitcoin (BTC) Price Analysis: Still Waiting for a Bullish Flag Break

Mastercard and Barclays Invest in Ripple-Backed xRapid Project

Ripple, xRapid, XRP–Mastercard and Barclays, two of the world’s largest financial service companies and banking institutions, have initiated investments into a project backed by Ripple and the company’s XRP-based xRapid service. SendFriend, a remittance company using Ripple’s xRapid service for cross-border payments, has received investments from MasterCard, Barclays and Ripple itself in the most recent … Continue reading Mastercard and Barclays Invest in Ripple-Backed xRapid Project

WikiLeaks Hits Back After Craig Wright Says Bitcoin ‘Should Not Be Anarchist’

WikiLeaks has renewed its public criticism of self-proclaimed Bitcoin creator Craig Wright after the nChain executive published a blog post repeating his claim. WikiLeaks: Wright Is ‘Serial Forger’ In a series of tweets February 12, WikiLeaks called Wright a “serial fabricator,” referring to previous occasions it had issued evidence he forged documents for his own … Continue reading WikiLeaks Hits Back After Craig Wright Says Bitcoin ‘Should Not Be Anarchist’

Santander Bank Ordered to Keep Brazilian Bitcoin Exchange Account Open

Brazilian cryptocurrency exchange Bitcoin Max finally won its battle to keep its Santander checking account open. The Battle with the Banks Is An Ongoing Saga Working with banks hasn’t been easy for cryptocurrency exchanges and blockchain startups in most parts of the world. And in what’s been an ongoing saga for Bitcoin Max, cryptocurrency exchanges … Continue reading Santander Bank Ordered to Keep Brazilian Bitcoin Exchange Account Open