Wall Street Investors Continue to Invest in Bitcoin – This Time AmericanExpress

TheNearlyDailyBitcoin - Wall Street Investors Continue to Invest in Bitcoin – This Time AmericanExpress

Wall Street Investors Continue to Invest in Bitcoin – This Time AmericanExpress Big Wall Street and Silicon Valley Investors Continue to Invest in Bitcoin and Blockchain Technology. The most recent “Big Player” is American Express. The $74 Billion (by Market Cap) multinational financial services corporation recently participated in the $12 Million Series A Funding for Abra. …

Continue reading »

Bitcoin Gains Flexibility in the Middle East

TheNearlyDailyBitcoin - Bitcoin Gains Flexibility in the Middle East

BitOasis is now available in Kuwait, Bahrain and Qatar Middle East Based Bitcoin Wallet and Purchase Platform BitOasis is now available in Kuwait, Bahrain and Qatar and is soon expanding to Saudi Arabia and Egypt according to Co-Founder Ola Doudin. According to Doudin, BitOasis currently has over 20,000 customers and the BitOasis website FAQ’s indicate …

Continue reading »

Bitcoin Exempt from VAT Rules EU Court

TheNearlyDailyBitcoin - Bitcoin Exempt from VAT Rules EU Court

Bitcoin Exempt from VAT Rules EU Court The European Court of Justice has ruled that Bitcoin is exempt from VAT (a type of sales tax) in the European Union (“EU”). This is big news in that it puts European Bitcoin Exchanges and businesses that accept Bitcoin on “… a level playing field with fiat currency which may …

Continue reading »

Bitcoins Worth $1,000,000 EACH?

TheNearlyDailyBitcoin - Bitcoins Worth $1,000,000 EACH?

How’s THAT For a Headline – Bitcoins Worth $1,000,000 Each? It’s a possibility, says Wences Casares, CEO of Xapo, a Bitcoin Wallet and Deep Cold Storage Bitcoin Facility. So, what does Mr. Casares say the chances of each Bitcoin being worth One Million Dollars? Maybe 1/10th of a percent? Maybe 1%, 55? Nope! Mr. Casares, …

Continue reading »

Bitcoin Venture Capital Funding Approaching $1 Billion!

TheNearlyDailyBitcoin - Bitcoin Venture Capital Funding Approaching $1 Billion!

Venture Capital Funding of Bitcoin related companies is nearing One Billion Dollars. Read More Here and learn about the largest Bitcoin VC Fundings to date. Clint

Bitcoin Can Replace a 600 Year Old Antiquated Payments System

TheNearlyDailyBitcoin - Bitcoin Can Replace a 600 Year Old Antiquated Payments System

Do You Realize that the basic system to transfer money internationally is over 600 YEARS Old and often comes with total costs of 5% – 15% of the transferred amount? Why, in this world of Instant Communications are we using a system for cross border money transfers that was invented right about the same time …

Continue reading »

Goldman Sachs Participates in $50MM Bitcoin Funding for Circle.com

TheNearlyDailyBitcoin - Goldman Sachs Participates in $50MM Bitcoin Funding for Circle.com

Wall Street has definitely found Bitcoin! Last week it was announced that Circle.com, a Bitcoin startup, had raised $50,000,000 in venture funding from a group which included Goldman Sachs, IDG Capital Partners and other Wall Street and Silicon Valley investment firms. This round of funding brings the total venture funding in Circle.com to $76,000,000 according …

Continue reading »

Coinbase Expands to the United Kingdom

TheNearlyDailyBitcoin - Coinbase Expands its Services to United Kingdom

In it’s quest to dominate the Bitcoin World, Coinbase, a Bitcoin wallet, exchange and merchant platform, has announced expansion into the United Kingdom. Yesterday’s announcement as reported by Coinbase, Coindesk and other cryptocurrency news reporting sites indicates that Coinbase is bringing their full suite of services to The UK.  This array of services includes the purchase and sale …

Continue reading »

Reid Hoffman, LinkedIn Chairman, Bets Big on Bitcoin

TheNearlyDailyBitcoin - Reid Hoffman, LinkedIn Chairman, Bets Big on Bitcoin

Reid Hoffman, Chairman and Co-Founder of LinkedIn, is investing big in the Bitcoin industry. As a full time partner at venture capital firm Greylock Partners, he helped steer $20 Million of Greylock funds to Xapo, a Bitcoin wallet and storage company. In addition, Mr. Hoffman participated in a $21 million seed round investment in Blockstream along with …

Continue reading »

London Angling to be the World’s Bitcoin Hub

TheNearlyDailyBitcoin - London Angling to be the World’s Bitcoin Hub

It appears that London is pushing ahead of New York and Silicon Valley in an effort to become the Bitcoin Hub for the World. Already the center of a $5 TRILLION dollar a day global currency market London and the British Government are angling to become the foremost financial technology center in the world. While Silicon Valley …

Continue reading »

Older posts «