The Latest Bitcoin News

September, 2018

  • 12 September

    Blockchain Association Becomes First Crypto-Lobby in D.C.

    In their first blog post on September 11th, the Blockchain Association announced their DC-based non-profit association that “will serve as the unified voice of the blockchain ecosystem.” This lobbying group is the first to work exclusively in the interest of representing and promoting blockchain technology in Washington. There are a host of leading industry names who have attached themselves to this …

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  • 11 September

    YouGov/Omnibus: 48 Percent of Millennials Would be Interested in Using Cryptocurrency Primarily

    According to a new YouGov/Omnibus survey, 48 percent of millennials would be interested in primarily using a cryptocurrency. Among Americans as a whole, 79 percent said they are familiar with at least one kind of cryptocurrency (bitcoin being the most popular at 71%) and 36 percent say they would be interested in primarily using cryptos. The survey was conducted August …

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  • 10 September

    Goldman Sachs Retreat From Trading Desk a Case of “Fake News”

    Last week it was reported that Goldman Sachs decided to put a hold on its plans to open a cryptocurrency trading desk which would include bitcoin. Now, the bank’s chief financial officer, Martin Chavez, has called these claims “fake news.” The rumors originated from a Business Insider exclusive detailing a supposed pullback by the bank in their efforts towards establishing …

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  • 7 September

    Iranian Government Accepts Crypto-Mining as Legitimate Industry & Considers National Cryptocurrency

    According to local Iranian new service IBENA, in the wake of economic sanctions recently imposed on the nation, the government has recognized cryptocurrency mining as legitimate and is seeking to launch its own national cryptocurrency. The report notes Abolhassan Firouzabadi, the Secretary of Iran’s Supreme Council of Cyberspace, “stressed that cryptocurrencies mining like bitcoin has been accepted as an industry …

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  • 6 September

    CoinGate Merchants Can Now Transact on the Lightning Network

    The startup cryptocurrency payment gateway CoinGate now offers support for its merchants to transact through the Lightning Network. The over 4000 merchants who utilize the payment service offered by CoinGate can conduct instant low-fee micropayments by opening channels on the Lightning Network. Back in July of this year, Coingate conducted a trial run of the network involving over 100 of …

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  • 5 September

    Ambiguous Regulatory Landscape Halts Goldman Sachs Bitcoin Trading Desk

    First reported by Business Insider, Goldman Sachs has decided to put a hold on plans to open a cryptocurrency trading desk, which would include bitcoin, according to their sources familiar with the matter. As the article puts it, “Even Goldman Sachs, the Wall Street behemoth that trades in markets’ most esoteric assets, can’t find a way to trade bitcoin,” due …

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  • 4 September

    Cryptos Growing in Higher Education

    Coinbase partnered with Qriously to engage students directly about their attitudes surrounding cryptocurrencies and blockchain technology. A post on the Coinbase Blog details their findings. Currently, 42 percent of the world’s top 50 universities offer students at least one course on cryptos or blockchain and 22 percent offer more than one. When including classes on cryptography, the number becomes 70 …

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August, 2018

  • 31 August

    Yahoo Finance Adds Cryptos Trading on iOS App

    An August 30th Yahoo Finance blog post revealed the ability to trade cryptocurrencies directly through its platform. Currently, this feature is available through their iOS app, however, “Android, desktop and mobile web are coming soon.” Yahoo Finance users will have the ability to trade cryptocurrencies which include bitcoin, ethereum, litecoin, and dogecoin. These new trading features were made possible through …

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  • 30 August

    Deloitte: 84% of Tech and Telecom Executives Believe Blockchain Will Reach Mainstream Adoption

    A recent survey conducted by Deloitte found that 40%of executives from the telecom, media and technology industries plan to invest millions in blockchain technology in the next year. Published 8/28/18, the survey gives insight into how the technology can be applied to these industries. The researchers interviewed more than 1000 executives from seven countries, and nearly 200 from the above …

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  • 28 August

    Hydroelectric Mining in New York Right Around the Corner

    Taking advantage of the low cost renewable energy offered by water, Dpw holdings plans to turn a hydroelectric dam in Valatie Falls, which sits ten miles south of New York state’s capital of Albany, into a dedicated mining operation.   As reported by Bitcoin.com, the dam will be equipped with the proprietary Superminer Anteater, which feature 10nm ASIC bitcoin mining …

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  • 27 August

    Chinese Search Giant Baidu Censoring Crypto Discussions

    The Chinese search engine known as the ‘Chinese Google’ is reportedly blocking cryptocurrency related content on its platform. China Times reported that Baidu is outright restricting crypto related discussion on Baidu Tieba, their Reddit-like platform. “Currently, the company has toughened its scrutiny over digital currency and will not allow sub-forums under this theme, based on relevant rules and regulations,” according …

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  • 24 August

    SEC Set to Review Bitcoin ETF Rejections

    This story is based off of a Coindesk report. As previously reported, the SEC rejected the proposal for nine Bitcoin ETFs on Wednesday. According to the rejection letters, the SEC will be reviewing the orders, although they have not given a timeframe as to when the reviews will be finished. SEC secretary Brent Fields wrote in a letter to the …

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  • 23 August

    SEC Rejects Nine Bitcoin ETFs

    The Securities and Exchange Commision has rejected the proposals for Bitcoin ETFs from ProShares, Direxion, and GraniteShares. The three orders, published 8/22/18, came prior to the deadlines set by the SEC’s public-facing approval process. In all of the rejections, the SEC used the same reasoning for the dismissal of Bitcoin ETFs, namely “…the Commission is disapproving this proposed rule change …

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  • 22 August

    Another ETF Ruling Expected Tomorrow

    The rules that govern the Securities and Exchange Commission (SEC) deemed Thursday, August 23rd the day an official ruling for a ProShares application must be made based on the time it was submitted. This is not the first ETF ruling to come out of the SEC. All previous applications have been denied by the federal agency. ProShares, who filed an …

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  • 21 August

    Premier League Teams Sign Advertising Deal – Paid in Bitcoin

    eToro, a trading platform based in the United Kingdom signed an advertising deal with seven Premier League soccer teams, the parties revealed August 21. This deal marks the first time that any of these clubs have been paid in Bitcoin, or any other cryptocurrency. The clubs involved in the deal include: Tottenham Hotspur, Brighton & Hove Albion, Crystal Palace, Cardiff …

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