Category Archives: Bitcoin

Coinsource Receives First BitLicense to Operate Bitcoin ATMs in New York

The world’s largest bitcoin ATM company has finally received official approval to operate in New York. They had previously been operating in New York almost since the company’s inception via a provisional license. Last year, they received coverage in the New Yorker and have frequently been in the news with word of new ATMs across the country. Coinsource is creeping toward 200 machines, the majority of which are two-way ATMs — meaning that users can buy and sell bitcoin through them. Coinsource ATMs support transactions from $5 to a limit of $5,000 per day. Continue reading Coinsource Receives First BitLicense to Operate Bitcoin ATMs in New York

Bitcoin Investment Trust Creator Has Raised Record $330 Million This Year

Ten months into a bear market that has seen cryptocurrency prices decline approximately 75 percent from their all-time highs, analysts differ on whether the bitcoin price has found a bottom or could continue to decline over a time horizon as long as 18 more months. However, Grayscale Investments, the crypto investment firm that created the publicly-quoted Bitcoin Investment Trust (OTC: GBTC), said that it had raised a record amount of funds through the first three quarters of the year. Continue reading Bitcoin Investment Trust Creator Has Raised Record $330 Million This Year

US Marshals Service (USMS) to auction some 660 Bitcoins worth $4,220,040

Best Bitcoin deals going on auction in November 2018

The US Marshals Service (USMS), the oldest law enforcement agency in the United States is gearing up to auction some 660 Bitcoins worth $4,220,040 (Over 4 billion) at current cryptocurrency prices in November 2018.

The cryptocurrency being auctioned relates to forfeitures from various federal criminal, civil and administrative cases registered at the USMS. Continue reading US Marshals Service (USMS) to auction some 660 Bitcoins worth $4,220,040

What is Bitcoin Futures and how to invest in it

First, a quick intro on Futures

If there is one thing going for cryptocurrencies, it’s diversity.

The crypto world is populated with a wide array of coins and tokens that underpin a plethora of projects the world over. An investor would be spoilt for choice. Continue reading What is Bitcoin Futures and how to invest in it

Singapore Embraces Blockchain and a Digital Currency Future

Many enthusiasts immediately think of Switzerland when looking into crypto friendly locations. The tiny island nation of Singapore, however, is making its own moves up the ranks. Such an official ranking system doesn’t actually exist of course, but that hasn’t stopped several opinion lists from appearing online in recent months. Expect “blockchain Singapore” to be two words you hear more often as the country looks to make its mark as a leader in the cryptocurrency field. Continue reading Singapore Embraces Blockchain and a Digital Currency Future