Swiss Bank Now Offers Bitcoin to its Customers
Jul21

Swiss Bank Now Offers Bitcoin to its Customers

A few months ago, very few would have believed that Bitcoin, the most popular cryptocurrency to date, would be available for purchase through mainstream banking channels. But these developments are indeed emerging. A bank in Switzerland just announced that its clients will be able to make Bitcoin purchases using their cash deposits. The Falcon Private Bank also established an asset management team to manage its customers’ Bitcoin...

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Bitcoin Keeps Breaking New Record High
Jun28

Bitcoin Keeps Breaking New Record High

The price of Bitcoin has reached a new record high, surpassing $2,900 to reach $2,911.86 on June 6. Beginning at a price of below $2,500 during the beginning of June and being at only $1,000 in March, the BTC prices have been rising steadily to reach an unprecedented peak now. This year has been a stellar year for the digital currency, but it has not always been a smooth ride. Causes Analyzed It seems that the catalyst that is causing...

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What’s Behind Bitcoin’s Big Surge
Jun01

What’s Behind Bitcoin’s Big Surge

Bitcoin surges in value. What’s driving the prices of Bitcoin higher?

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Bitcoin Price Hits a New All-Time High
May08

Bitcoin Price Hits a New All-Time High

Bitcoin, the popular form of digital currency, has seen a shift in its value. The price at which it’s traded is suddenly in the news for reaching an all-time high of $1,330.72 towards the end of April. Market observers are a bit surprised at this development, since there were no immediate market conditions to lift Bitcoin price to these levels. The BTC has recently been traded at prices hovering around the $1,300 mark, around...

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Japan Declares Bitcoin as Legal Tender
Apr21

Japan Declares Bitcoin as Legal Tender

Bitcoin has now been declared as a legal tender or payment method in Japan, effective from April 1st 2017. Japan’s Financial Services Agency has put capital requirement, cybersecurity, auditing, and other operational regulations in place for currency exchanges that will be adopting Bitcoin. The Bitcoin exchanges in the country will have to conduct training programs for employees and also submit an annual audit. Banking Act The new...

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