Craigslist Enable Sellers to Accept Bitcoin, More Merchants Adopt Cryptocurrencies

Joseph Young   December 10, 2017 Craigslist, the US-based classified advertisements platform, has perhaps inadvertently given a sneak peak of its intention to allow sellers to accept Bitcoin and other cryptocurrencies as an official payment method. Craigslist’s “Cryptocurrency Ok” option On December 8, a member of an online Bitcoin community discovered that the Craiglist product and service listing page for merchants…
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Exponential Growth: Number of Bitcoin Users to Reach 200 Million by 2024

Joseph Young   December 9, 2017 According to RT, analysts expect the number of bitcoin users to reach 200 million by 2024, within the next seven years, given the current exponential growth rate of bitcoin. 5 Million Unique Users in March A Cambridge study conducted by Dr. Garrick Hileman and Michel Rauchs in March of 2017 revealed that the number of…
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BitPay Aims to Support Additional Cryptocurrencies Next Year

JP Buntinx   December 8, 2017 There are plenty of reasons to get excited about Bitcoin these days. One is the skyrocketing BTC price, but so is the variety of companies making waves in this industry. BitPay is one of the largest companies active in the Bitcoin world right now. It is currently raising additional capital in order to add support for other cryptocurrencies. It’s a very interesting…
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Litecoin Approaches $200 in Monster Rally

Zane Huffman   December 8, 2017 Litecoin (LTC) has reacted to Bitcoin’s impressive surge earlier this week with a massive run of its own. With Bitcoin finally cooling down, Litecoin is approaching a 100% price increase in just 24 hours. Litecoin is now trading at just over .01 BTC, a price point which has historically been difficult to break through and…
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Bitcoin Brokerage Coinbase Becomes Apple Store’s Top App, Surpassing YouTube

Joseph Young   December 8, 2017 Coinbase, the global cryptocurrency industry’s largest brokerage and wallet platform valued at over $1.6 billion, has become the Apple app store’s top app, surpassing YouTube, Facebook, and Instagram.   Coinbase Struggling to Address Rapid User Growth Earlier today, on December 8, the Coinbase team stated that the platform has been experiencing record high traffic, causing…
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California Law Firm Provides Legal Counsel to Crypto Users

JP Buntinx   December 3, 2017 Cryptocurrency enthusiasts are susceptible to losing funds in many different ways. Aside from human error, there are risks posed by failed ICOs, hacked exchanges, or other calamities. Taylor-Copeland Law is one of the first law firms specializing in these issues. We may be witnessing the creation of a new niche within the legal system as we know it today. Focusing on…
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$11,874: Bitcoin Price Achieves New All-Time High, But It is Only the Beginning

Joseph Young  December 3, 2017 Earlier today, on December 3, the bitcoin price achieved a new all-time high at $11,874, for the third time this week, after its full recovery from the previous major price correction. Analyst: Bitcoin’s $10,000 Doesn’t Reflect its True Value Miguel Cuneta, the co-founder at Satoshi Citadel, a major cryptocurrency-focused investment firm in the Philippines which…
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Coinbase Is Forced to Share Information With the IRS

JP Buntinx   December 1, 2017 It has been a while since we last heard anything regarding the ongoing Coinbase-IRS case. With a federal court having to determine whether or not this exchange needed to hand over customer information, an interesting precedent was set. It seems the exchange will have to hand over the information after all. This pertains to users who transacted over US$20,000 between 2013 and…
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South Korean Bank ATMs Will Soon Receive Bitcoin Support

JP Buntinx Bringing Bitcoin to the masses is not as easy as most of us would like. Especially when it comes to allowing consumers to buy cryptocurrency, there is still a lot of work to be done. Thanks to a new partnership between Nautilus Hyosung and Just Cash, a lot of regular ATMs may soon receive Bitcoin support. It’s an…
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