Bank of England says technology behind bitcoin is promising (Reuters) The Bank of England, in its response to the fundamental changes to the economy brought by technological advancement, has suggested that central banks could issue digital currencies to take advantage of its benefits.In a discussion…
Bank of England Sees Future in Bitcoin, Sharia and ‘Considerable Promise’ of Blockchain What do Bitcoin and Sharia have in common? The Bank of England. In a surprise U-turn, the UK central bank has altered its stance on Bitcoin, publishing a report in support of…
Yesterday’s action in the bitcoin price finished very much as it started. We got something of a decline throughout the Tuesday evening/Wednesday morning session, but as the US afternoon matured this decline corrected and we saw price rise towards the 239 region. However, from this…
Bitcoin and the media have not always been on the best of terms. For one thing, mainstream media of the digital currency has not always been plentiful, and when the media does make time for bitcoin, it can sometimes be distorted or off the mark,…
ForexMinute.com — It is nothing but the low trading volume that is keeping the cryptocurrency market boring now a day. In last few weeks, we have seen some heavy upward and downwards movements in Bitcoin charts. But at the same time, we have also seen…
Bitcoin Foundation As perhaps an extension of its recent focus on revitalizing its image, the Bitcoin Foundation announced yesterday it would allow its members to cast votes in its latest election round directly on the bitcoin blockchain, the digital currency’s public ledger.Billed in a blog…
Bitcoin users can now deposit and withdraw Bitcoin with ease as the Australia-based Bitcoin exchange Igot is launching in Kenya. The company says that using M-Pesa platform customers would be able to deposit and withdraw in the African nation. This is extension to the reach…