• Why Banks Are Focusing on Blockchain Rather Than Bitcoin

    Why Banks Are Focusing on Blockchain Rather Than Bitcoin

    While bitcoin has been struggling to shrug off its negative association with money laundering and criminal activity, its underlying blockchain technology has garnered a lot of attention from banks. Blockchain refers to the public ledger of transactions for the cryptocurrency, which is verified and updated by computers solving...

    Sarah Jenn | June 2, 2015 | 7:00 pm
  • Can Bitcoin Mining Harm the Environment?

    Can Bitcoin Mining Harm the Environment?

    With all the hardware power and electricity that bitcoin mining requires, some have raised the issue of environmental damage caused by this activity. Is bitcoin mining really bad for the environment? Australia’s Long Future Foundation released a report indicating that bitcoin might have a long-term negative impact on...

    Sarah Jenn | June 2, 2015 | 12:00 pm
  • BitFury to Sell Light Bulbs that Can Mine Bitcoin

    BitFury to Sell Light Bulbs that Can Mine Bitcoin

    BitFury’s new product, a light bulb that can mine bitcoin, garnered a lot of attention via Reddit a few days back as attendees of the Blockchain Summit started posting photos online. This event is an informal four-day gathering of the industry leaders in Richard Branson’s Necker Island. “We...

    Sarah Jenn | June 2, 2015 | 11:00 am
  • Can Bitcoin Still Clean Up Its Reputation

    Can Bitcoin Still Clean Up Its Reputation?

    Last week, Silk Road founder Ross Ulbricht was sentenced to life imprisonment for operating an underground market using bitcoin for anonymous transactions. The cryptocurrency has once again been placed in a negative light, reminding financial authorities of its use in money laundering and criminal activity. Bitcoin has been...

    Sarah Jenn | June 1, 2015 | 9:00 pm
  • ripple labs, cryptocurrency industry, bitcoin innovation, bitcoin australia

    Commonwealth Bank of Australia to Work with Ripple Labs

    In an effort to stay abreast with current financial developments, the Commonwealth Bank of Australia (CBA) announced their decision to work with Ripple Labs to use digital currency internally. This will allow the institution to gain a deeper understanding on the workings of cryptocurrency. The CBA has been...

    Sarah Jenn | June 1, 2015 | 7:01 pm
  • whats next for bitcoin

    What’s Next for Bitcoin?

    Bitcoin enthusiasts seem to have moved on from the cryptocurrency’s free fall last year, as price has been hovering around $240 for quite some time. Some say that this is the new standard for the digital currency’s price for the foreseeable future, as there are no more speculative...

    Sarah Jenn | June 1, 2015 | 12:00 pm
  • former okcoin CTO speaks

    Former CTO of Bitcoin Exchange OKCoin Speaks Up

    Following a company dispute, Changpeng Zhao left bitcoin exchange OKCoin earlier this year and decided to speak up on the issues that led to his exit. The former CTO made a statement via Reddit sharing the details of his verbal contract with Roger Ver and how the company...

    Sarah Jenn | June 1, 2015 | 11:00 am
  • bitcoin startups, bitcoin regulation, bitcoin taxes

    New Jersey Bill to Favor Bitcoin Startups?

    In contrast to proposed regulation that typically make it more difficult for bitcoin startups to thrive, a bill in New Jersey might wind up favoring these companies. As proposed by two members of the assembly, tax and regulatory breaks could be granted to cryptocurrency companies operating in the...

    Sarah Jenn | May 29, 2015 | 11:12 pm
  • bitcoin debit card, bitstamp debit card, bitcoin payments

    Bitcoin Debit Card for EU Citizens via BitStamp

    BitStamp, which is a bitcoin exchange based in London, recently unveiled its newest product: a bitcoin debit card. This will be available for use among EU citizens and will be accepted anywhere major debit and credit cards are accepted. The debit card will be loaded using bitcoin and its...

    Sarah Jenn | May 29, 2015 | 7:00 pm
  • bitcoin rules, bitlicense, bitcoin new york

    Wall Street Divided on Bitcoin Rules

    Now that BitLicense is set for implementation pretty soon, the debate is heating up in Wall Street on whether these bitcoin rules could make or break the industry. For some, the increased regulation could shore up more confidence in the feasibility of the bitcoin ecosystem while others think...

    Sarah Jenn | May 29, 2015 | 12:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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