Economy

Economy

The volatility of the price of Bitcoin has been making news since its inception. Read the latest news about the highs and lows of the Bitcoin economy with CoinJournal.net

ING Blockchain Innovation Team: “For Us, 2016 Was About Experimentation”

For Dutch multinational banking and financial services corporation ING, 2016 was the year of blockchain experimentation during which it developed 27 proofs-of-concepts of the application...

BitFury Group Strikes US$30M Deal with Credit China Fintech

The BitFury Group has entered into a US$30 million deal with Hong Kong's Credit China Fintech and its subsidiaries. The deal includes an investment...

Accenture: Blockchain to Reduce Banks’ Infrastructure Costs by 30%

Blockchain technology can help investment banks cut costs and deliver savings of more than 30% across the middle and back office, translating to an...

Bitcoin is Eating the Entire Online Gambling Industry

Although not many people seemed to notice, Bitcoin was heavily integrated into various aspects of the online gambling industry in 2016. While there have...

The Founder of India-Based Bitcoin Mining Pool GBMiners is Running a...

Update: This post has been updated with a response from Amit Bhardwaj GBMiners has made headlines in various media outlets lately due to the bitcoin mining...

Report Estimates There are More Than 10 Million Bitcoin Holders Worldwide

A joint report from ARK Invest and Coinbase estimates that more than 10 million people around the world hold a material amount of bitcoin....

Bitstamp to Offer XRP Trading; Ripple Strikes Partnership with Axis Bank

Ripple is beginning the year 2017 with exciting news: the launch of XRP trading on Bitstamp, and a partnership with India's Axis Bank for...

3 Teams Receive Funding from $1.2 Million Bitcoin Development Grant, More...

Late last year, a letter was posted on BitcoinDevelopmentGrant.com that announced a $1.2 million grant fund for those working on Bitcoin protocol development. Attached...

Financial Times Piece Inadvertently Makes the Case for Buying Bitcoin

Financial Times Capital Markets Editor Dan McCrum has written another piece about how bitcoin is a pyramid scheme and will eventually fall to zero....

Bitcoin Price Crosses US$1,000, Up 140% YTD

The bitcoin price has surpassed the US$1,000 mark, hitting its highest level since 2013. The price of the digital currency has been in a rally...