Search Results for: BitPay
Bitcoin Price Reaches 18-Month High As It Heads Toward $500
April 27th, 2016
The price of bitcoin has not reached the heights of $466 since September 2014. At that point it was still in free fall from the dizzying heights of $1,200 at the peak of the bitcoin frenzy in December 2013. Now the price ...
R3 banking blockchain consortium partners with Microsoft Azure
April 5th, 2016
The R3 distributed ledger consortium of 40-plus global banks has chosen Microsoft Azure cloud to host its labs and provide its members with easy access to those firms already added to Azure’s Blockchain as a Service platform. R3 named ...
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
The Top 10 (or 11) Bitcoin-Friendly Cities
January 18th, 2016
Looking to spend bitcoin on your travels? Your chances are much greater in the US. Seven of the top 11 cities with the most merchants that accept bitcoin are in the U.S., based on information from coinmap.org. San Francisco/San ...
How Payment Giants Are Embracing Bitcoin and Blockchain Tech
October 30th, 2015
MasterCard‘s participation in Digital Currency Group’s undisclosed funding round sent ripples of excitement across the crypto-sphere earlier this week. While this is MasterCard’s first crypto-related investment, the multinational corporation is not the first mainstream finance company to dip its toe in ...
The Bitcoin Startup Boom Comes Back Down to Earth
October 27th, 2015
Growth in venture capital flowing to bitcoin startups slowed substantially last quarter, and startups are feeling the pinch. Jeff Garzik has spent the past several months pitching investors on a pretty out-there startup idea. He proposed building computer servers ...
“Bitcoin’s PayPal” : Why the Cryptocurrency Is Not a Good Payment Mechanism
September 30th, 2015
Leading Bitcoin startup BitPay is cutting costs, suggesting that the currency won’t be catching on soon. In 2014, a Bitcoin startup called BitPay raised $30 million from investors and was dubbed the “PayPal of Bitcoin” for helping companies such as Microsoft ...
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
FXPRIMUS announces that now Accepts funding via Bitcoin
September 1st, 2015
One of the world’s leading online forex brokers, FXPRIMUS, has partnered with BitPay to begin accepting funding via bitcoin. Since obtaining its European jurisdictional regulation with CySEC, the global broker has extended the scope of its operations – as well as ...
Bitcoin: A New Global Economy
August 17th, 2015
When BitPay was founded back in 2011, bitcoin was in its infancy. It was difficult to convert local currencies into bitcoin or to find retailers who would accept it as payment. In just a few years, so much has ...