#Bitcoin News

Bitcoin a Viable Option in Turkey as Lira Decline Continues

September 9, 2019 by Anthonia Isichei at Bitcoin

Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi Taihuttu, a bitcoin advisor who became known after selling all...

Sustainable Bitcoin Mining Bolstered by German Company

September 9, 2019 by Ashwath Balakrishnan at Bitcoin

Northern Bitcoin AG, a German company specializing in the manufacturing of sustainable infrastructure for cryptocurrency mining, has announced the competition of testing for their newest product: an air-cooled mining container. As per the press release, the container can fit up to 144 ASIC rigs and is hospitable in an outdoor...

Exchange Volumes on the Decline Since 2017 All-Time-Highs

September 6, 2019 by Ashwath Balakrishnan at Bitcoin

As per data tracking service TokenAnalyst, exchange volumes have yet to recover to 2017 levels despite various media reports that early 2019 saw the highest amount of exchange-traded volume. According to Bloomberg, this is a signal of negative retail sentiment, however, the analysis is focused on unique addresses sending money...

Apple Magnifying glass looking at cryptocurrency

Apple Could be Joining the Cryptocurrency Bandwagon

September 6, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Apple Inc., the American multinational technology firm in charge of the iPhone, iPad and other high-end devices, has hinted that it’s closely watching cryptocurrency and could join the bandwagon in the near future, according to a CNN report on September 5, 2019. Apple Eyeing Cryptos Despite the fact that one...

Yoga flexible BlockFi Bitcoin Ethereum Laptop

BlockFi Launches Flexible Interest Payments Across BTC, ETH, and Gemini USD

September 6, 2019 by Ashwath Balakrishnan at Bitcoin

Crypto finance startup BlockFi has announced a new product: Interest Payment Flex. Customers holding one asset can have their interest paid out in another asset, allowing them to accrue income in three different assets as per their desires, September 5, 2019. The new feature can be found by navigating through...

Paxful and CoinLogiq to Install Bitcoin ATMs in Colombia

September 6, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Paxful, a peer to peer (P2P) bitcoin marketplace is collaborating with CoinLogiq, a fintech platform that facilitates cost-efficient money transfers globally, to install 20 new Bitcoin ATMs in the Republic of Colombia, reports Bitcoin Magazine on September 5, 2019. Expanding Colombia’s Bitcoin ATM Network Per sources close to the matter,...

Thailand: BX Bitcoin Exchange Shutdown Attributed to Stringent Regulations

September 6, 2019 by Osato Avan-Nomayo at Bitcoin

More updates have emerged regarding the closure of one of Thailand’s largest Bitcoin exchanges, reports the Bangkok Post. Sources say the move was due to the platform not being keen on complying with some of the more stringent anti-money laundering (AML) provisions set forth by regulators. Providing Customer Information As...

Fantasy NFL Platform Partners with BitPay to Enable Bitcoin Payments

September 5, 2019 by Osato Avan-Nomayo at Bitcoin

The start of the new National Football League (NFL) season in the United States will see fantasy players able to use bitcoin to subscribe for their sports app, according to a press release by BitPay. The crypto payments platform says the move is part of plans to expand digital currency...

Rainforest Foundation Appeals to Crypto Investors for Help

September 5, 2019 by Ashwath Balakrishnan at Bitcoin

In light of the devastating fires raging in the Amazon, the Rainforest Foundation U.S. seeks the support of the cryptocurrency community for support, September 4, 2019. The foundation claims that since Jair Bolsanaro took the reins in 2018, deforestation in the Amazon went up by 75 percent. They appeal to...

Gemini Gives Institutional Investors Fresh Options with Sub-Accounts Feature

September 4, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Gemini, a licensed crypto exchange and custodian owned by the Winklevoss twins, has announced the launch of the Sub-Accounts feature for institutional investors. The feature enables customers to open and manage an unlimited number of accounts under a single master account and earn massive volume-based trading fee discounts, according to...

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