Bitcoin: The Newest Tool In China’s Currency War Chest
Throughout history wars have been fought for a number of reasons, not the least of which is economic gain. The traditional means to that end has been physical combat, but we’re now in a new era – an...
View ArticleUS Regulator’s Confusion Around Bitcoin Is Exactly Why No One Wants Them...
Discussion around governmental regulation of bitcoin came to a furor over the last few days when one of the five commissioners of the US’s Commodity Futures Trading Commission (CFTC), Bart Chilton,...
View ArticleThe Time For A Stateless Global Reserve Currency Is Fast Approaching
In recent years the position of the US dollar as the global reserve currency has been increasingly challenged in both the words and actions of international leaders. Disapproval of the unique benefits...
View ArticleChina Climbs To Top Spot In Monthly Bitcoin Downloads, Second Overall
Last month we showed the initial impact after Chinese state-run broadcaster CCTV ran a piece about bitcoin. The Chinese presence in bitcoin has continued to accelerate since then, even as the rest of...
View ArticleUS Reaches 1 Million Bitcoin Downloads, Chinese Interest Fades Dramatically
At the end of last month, we noticed remarkable growth in data points surrounding bitcoin adoption in China. During May, China was the only country among the top 10 for most bitcoin client downloads of...
View ArticleCoinbase Makes Instant Bitcoin Purchases Possible With Connected Bank Accounts
Coinbase is a San Francisco, USA based company that provides bitcoin wallet and merchant services. They currently support 180,000 customers and have raised over $6M in funding from large name investors...
View ArticleStrong USD / Bitcoin Correlation To Be Tested Following Bernanke’s Testimony
Last month we noted the surprising correlation between USD and BTC. From May 1 through June 20, the two currencies shared a 0.76 correlation, which actually increased to 0.89 when comparing bitcoin...
View Article[Op Ed] Lawmakers Could Learn A Lot From Software Developers
The United States is built on the foundation set by the Constitution and Bill of Rights – a combined fourteen pages of text if put into a modern word document. Now, 225 years later, the Code of Laws of...
View ArticleBitfury 400 GH/s Bitcoin Mining Rig Hits US Shores
Considering a bitcoin mining hardware purchase? Make a more informed decision with TGB’s Bitcoin Mining Dashboard. After almost a full year of development and one month of delays, BitFury’s ASIC...
View ArticleBitcoin Gaming: SatoshiDice Acquisition Analysis
SatoshiDice is an internet gambling company which relies on the bitcoin block chain (the public ledger of all bitcoin transactions) to facilitate betting and payout. The company gained popularity...
View ArticleBitcoin Volatility Approaches 2013 Lows Despite Compromised Security of Tor...
Bitcoin price volatility has declined considerably since early July and recently reached lows not seen since early January. Trading volume on exchanges has similarly declined over the same period. The...
View ArticleAdditional $2.1M Seized from Mt. Gox Accounts – Now Over $5M Total
On Monday, the executed seizure warrant for Mt. Gox’s account with Dwolla was published, showing $2.9 million was seized by the US government. According to documents obtained today by TGB’s research...
View ArticleBitcoin Foundation On Capitol Hill, Day Two: Legislators
Representatives from the Bitcoin Foundation spent the beginning of this week on Capital Hill representing the bitcoin community to federal policy makers and law enforcement. After meeting with nearly a...
View ArticleASICMiner Blade Prices Reduced 65% After Shares Crash
Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. ASICMiner, the only company selling ASIC bitcoin mining hardware out of available...
View ArticleBitcoin Foundation Files Comments on FinCEN’s Liberty Reserve Proceedings
Today the Bitcoin Foundation filed comments with FinCEN regarding the regulator’s Notice of Finding in the Liberty Reserve case. Though Liberty Reserve was not a bitcoin company, FinCEN’s reasoning in...
View ArticleBitfury Begins Shipping 400 GH/s Bitcoin Miners to US and EU Customers
Considering a bitcoin mining hardware purchase? Make a more informed decision with our Bitcoin Mining Dashboard. Bitfury’s resellers have begun shipping their 400 GH/s “Full Kits” to customers. After...
View Article[Op Ed] The Evolution of Financial Privacy and Bitcoin’s Ability To Restore...
Today is a somber day in the United States, particularly for New Yorkers. The events of this date 12 years ago are still fresh in many people’s minds, as are the memories of extreme heroism from fellow...
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