Bitcoin(BTC)

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Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies. Today’s market cap for all bitcoin (abbreviated BTC or, less frequently, XBT) in circulation exceeds $7 billion.

There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite its not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.

Bitcoin Futures Are Here: The Story So Far

Bitcoin Futures Are Here: The Story So Far

  The week ahead will give better future indication of Bitcoin derivatives products as yesterday at 6 p.m. EST, the Chicago Board Options Exchange (CBOE) allowed bitcoin futures to begin trading under the symbol “XBT.” Chicago Mercantile Exchange (CME) is set to...

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Federal Reserve Chair: “Fed Doesn’t Really Play Any Regulatory Role” in Bitcoin ift.tt/2BnmBkU #Bitcoin

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PR: Game Machine ICO Finds a Way to Make Investors, Gamers and Developers Happy ift.tt/2BlnMBg #Bitcoin

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It’s Official: Bitcoin Was Bigger Than North Korea and the Eclipse This Year ift.tt/2BmSuKs #Bitcoin

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