Latest

Lightning Loop Lets Users Empty Lightning Channels Without Closing Them

Lightning Labs just released the alpha version of a new protocol called Lightning Loop, designed to give users the ability to deposit and withdraw bitcoin from their payment channels without closing these channels entirely.

Colin Harper
Mar 21, 2019

Japan Introduces Stricter Regulation for Crypto Margin Trading

Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets.

Jimmy Aki
Mar 20, 2019

Bitcoin Accepted as Payment Option by Major US Electronics Company

Founded in 1921, Avnet is one of the oldest major American electronics companies. On March 19, 2019, it announced that customers will be able to pay for goods and services using bitcoin and bitcoin cash via BitPay.

Christopher Tozzi
Mar 19, 2019

Israeli Court Rules Against One-Size-Fits-All Bitcoin Ban by Bank

In a March 17, 2019, ruling, judge Limor Bibi wrote that the bank's policy was too broad. It is "unreasonable," he wrote, for banks to adopt a "sweeping policy" under which they ban all activity related to bitcoin or other cryptocurrencies.

Christopher Tozzi
Mar 19, 2019

After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works

A consultation paper asks 22 questions and requests comments from crypto stakeholders about what regulations would best fit in the unique, new cryptocurrency marketplace.

Jessie Willms
Mar 19, 2019

Op Ed: Hanging Money Launderers Out to Dry: The Role of KYC/AML in Blockchain

In this op ed, CoolBitX CEO Michael Ou argues that "anonymity contributes to cryptocurrency’s notorious volatility and makes it that much less likely that digital currencies will become stable stores of value."

Michael Ou
Mar 19, 2019

Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds.

Bitcoin Schmitcoin
Mar 18, 2019

Sats Back: How the Ebates of Bitcoin Plans to Convert Holders to Spenders

CEO Alex Adelman says that while working at Ebates, he learned "why people buy, how people use cashback programs," — the hows and whys that would eventually lay the foundation for building Lolli's bitcoin-back platform.

Colin Harper
Mar 18, 2019

Guides

What Is Bitcoin?

Bitcoin means different things to different people. But what is Bitcoin, in the most basic sense?

Bitcoin Magazine

What Are Bitcoin Wallets?

Here are the best ways to store bitcoin securely in bitcoin wallets.

Bitcoin Magazine

What is Bitcoin Mining?

Bitcoin mining is the process of validating transactions by including them in the blocks that form the Bitcoin blockchain.

Bitcoin Magazine

What Makes Bitcoin Valuable?

Fundamentally, bitcoins derive their value just as anything else does: because people want them.

Bitcoin Magazine

Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row.

Bitcoin Schmitcoin
Mar 15, 2019

Cboe Will Not Relist Bitcoin Futures Contracts for March

The Chicago Board Options Exchange (Cboe) announced that it will not list upcoming Cboe Bitcoin (“XBT”) futures contracts for trading in March 2019.

Michael Taiberg
Mar 15, 2019

Karpeles Beats Embezzlement Charges in Mt Gox Ruling

The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.

Jimmy Aki
Mar 15, 2019

MIT Bitcoin: Legislators Discuss Regulation, Potential of Blockchain Tech

SEC Commissioner Hester Peirce sat down with Gary Gensler, ex-chairman of the Commodity Futures Trading Commission to discuss the progress of the SEC’s efforts to regulate the cryptocurrency industry.

Michael Taiberg
Mar 14, 2019

Tether Updates Website, Says USDT Backed by “Reserves,” Not Just Cash

Tether just updated its website to clarify that each of its USDT stablecoin tokens, which it used to claim were “always backed 1-to-1 with traditional currency,” are backed by assets other than fiat currency.

Colin Harper
Mar 14, 2019

CipherTrace Partners with Maltese Regulators to Manage Risk of Financial Crimes

CipherTrace, a blockchain analytics company, is partnering with the Republic of Malta’s sole financial regulatory agency to ensure that all crypto transactions within the country are free of money laundering and other similar financial crimes.

Landon Manning
Mar 13, 2019

Valued At $1 Billion, Canaan Creative Is Encroaching on Bitmain’s Dominance

ASIC chip manufacturer Canaan Creative is closing the gap between itself and cryptocurrency mining industry leader Bitmain after a massive infusion of capital.

Colin Harper
Mar 13, 2019

Blockstream’s Satellite Messaging API Is Now Available on Mainnet

Blockstream has launched its satellite messaging application programming interface (API) on mainnet. Essentially, this means users can now broadcast data via the company’s satellite network and pay with Lightning payments.

Jimmy Aki
Mar 13, 2019

Samsung Galaxy S10 Wallet Supports Ether, CryptoKitties — But Not Bitcoin

Bitcoin Magazine checks out the new crypto wallet feature in the Samsung Galaxy S10 and discovers a whopping omission.

Colin Harper
Mar 12, 2019

Bitcoin Price Analysis: Low Time Frames Show Signs of Life Amid Weekly Tests

Bitcoin continues to coil tightly within its range-bound market as the bulls and bears fight it out to see which is most dominant.

Bitcoin Schmitcoin
Mar 12, 2019

Proposed Texas Bill Would Require ID Verification for Crypto Use

A bill proposed by the Texas legislature will require that all receivers of cryptocurrency in regular transactions verify the identity of the cryptocurrency sender before accepting any payment.

Landon Manning
Mar 11, 2019

Bitcoin Price Analysis: New High Paves Potential Reversal Setup

Bitcoin finally broke a new high but was rejected immediately, setting us up for a reversal called a “Swing Failure Pattern.” The failure to close above the new high could mean the a liquidity run took place for large institutions to short the market.

Bitcoin Schmitcoin
Mar 8, 2019

Revolut Launches Auto-Exchange Feature for Select Crypto and Fiat Currencies

Revolut users can automatically exchange “fiat currencies, such as the US dollar (USD) to ether (ETH) or bitcoin (BTC), to XRP,” and vice versa, based on a predetermined target rate.

Jimmy Aki
Mar 8, 2019

Decentralized Exchange Hodl Hodl Is Launching a Bitcoin-Based Prediction Market

Slated for launch in the spring of 2019, it would be the first Bitcoin-based prediction market to go live on Bitcoin’s mainnet.

Landon Manning
Mar 8, 2019

Canadian Federal Tax Agency Targets Bitcoin Investors

The Canada Revenue Agency has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets.

Landon Manning
Mar 8, 2019

Tippin.me Takes Off at Lightning Speed With More Than 14,000 New Users

Struck by the potential success of the new Lightning network protocol, Abril created Tippin.me three months ago as a way to enable bitcoin Lightning micropayments without a user having to set up node.

Jessie Willms
Mar 6, 2019