This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. It hasn’t been long since we offered the Dutch government a blockchain based solution for the border control issue, as we believe that introducing real world use cases is the way towards mainstream adoption of blockchain technology. In March 2018, Essentia attended four meetings with…
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Bitpay Adds Bitcoin Cash Support to Checkout Point-of-Sale App
Bitcoin cash is continuing to gather more support among users and service providers, with the latest example coming from Bitpay. The service now allows merchants to accept BCH payments via its Pos app, and settlement is expected soon too so that retailers can keep their proceeds in the cryptocurrency. Also Read: Robinhood App Expands Cryptocurrency Trading to Another US State Bitpay BCH Checkout Bitpay, the digital asset service provider based in Atlanta, Georgia, has recently updated its Checkout point-of-sale (Pos) mobile app to add support for bitcoin cash (BCH).…
Read More$9K: Bitcoin Price Sees First Consecutive Weeks in the Green of the Year
Can Bitcoin price post gains two weeks in a row for the first time in 2018? That’s the question traders will soon know the answer to as prices circle $9000 April 22. $9k: Bitcoin Tests Final Resistance Capping what many believe is a U-turn of its fortunes since December 2017, Bitcoin has increased in value by 35% in the past fortnight. From lows of $6487 April 1, before the first major rally kicked in later that day, BTC/USD saw several sudden upticks as this month progressed, culminating in last Friday’s…
Read MoreSurvey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased
A global study of cryptocurrency purchases made by users of Visa, Mastercard, and Unionpay cards shows that 89% of respondents are knowledgeable about crypto and 53% have purchased some in the past 12 months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space A Global Study Global payment service provider Worldcore reportedly conducted a study of its customers to find out cryptocurrency usage among Visa, Mastercard, and Unionpay users. The company has approximately 300,000 customers in total. “The purpose of the study was to determine the willingness of people to…
Read MoreSan Francisco Fed Head: Crypto Is Not A Currency
The head of the Federal Reserve Bank of San Francisco believes that crypto lacks the core features required to define them as a currency. Late November and most of December last year saw both crypto cynics and enthusiasts wait with bated breath to see where Bitcoin’s price would soar to next. The latter group was not disappointed as the darling of the crypto world touched the $20k mark. In all of the excitement, it might have been easy to momentarily forget one of the main reasons Bitcoin was developed: as…
Read MoreCrypto Casinos: How Blockchain is Taming the Wild West of Online Gambling
Blockchain technology has the potential to revolutionize an almost uncountable number of spaces, but nowhere is the technology’s future brightest than in the sphere of online gambling. How Blockchain Technology Revolutionizes Online Gambling A blockchain, simply put, is a continuously growing list of records, called blocks, which are linked and secured using cryptography — and the benefits of such technology to the online gambling arena are numerous. Blockchain technology enables vastly improved transaction speeds over traditional deposits and withdrawals. Typically, a withdrawal from an online gambling website may take between…
Read MoreCheapair.com Considers Bitpay as Coinbase Terminates Merchant Processing Solutions
Cheapair.com is asking for customer feedback on using Bitpay to process bitcoin payments as its existing processor, Coinbase, is getting out of that business at the end of the month. Cheapair.com has also revealed additional plans for cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Problem Travel booking website Cheapair.com has been accepting bitcoin as a payment option for flights and hotel bookings since 2013. The company currently uses Coinbase to process its bitcoin payments. However, CEO Jeff Klee announced on Friday: We were recently informed by…
Read MoreWikileaks Calls for Global Blockade of Coinbase After Its Shop Was Blocked
Wikileaks announced that Coinbase has blocked its official Wikileaks shop without notice or explanation. The organization will all for a global blockade of the cryptocurrency exchange and payment processor “as an unfit member of the crypto community.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Quits Wikileaks Wikileaks announced on Friday that “Coinbase has blocked the official @Wikileaks shop from its platform without notice or explanation.” The shop sells swag such as clothing, accessories, phone cases, stickers, posters, books, and has recently added Cryptokitties. The organization also posted…
Read MoreSaxo Investment Bank is Bullish on Crypto Over Next 3 Months
Influential investment bank Saxo released the 35 page, Q2 2018 Quarterly Outlook. In it, the bank’s newly hired Crypto Analyst, Jacob Pouncey, noted the perils of this year’s first financial quarter with regard to digital assets. Taking into account several factors, he believes the next three months could be a breakout time for digital assets, holding the potential to trigger a bull market. Also read: German Cops Look Hard at Antics of ICO Savedroid After Ghost Prank Heavy Hitter Saxo Bank Released Bullish Outlook on Cryptocurrencies It takes all of 33…
Read MoreJapan Needs to Have Stricter Exchange Regulations According to Monex
Hot on the heels of their Coincheck acquisition, Monex has stated that Japanese exchanges need to have tougher regulations in place. Japan has long been known for being a crypto-friendly country. In fact, they saw phenomenal numbers last year when $97 billion was traded in just one month. In addition, reports for the 20th of April show that Yen-based Bitcoin trades made up more than 50% of global trades over a 24-hour period. As regulation efforts increase all around the world, Japan has also shown their support by presenting guidelines…
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