Bitcoin has taken the public by storm. It’s not just a hobby for tech enthusiasts anymore, but rather, an investment opportunity. It’s even begun to change the way the payments industry functions, and has caused many e-commerce merchants to open bitcoin merchant accounts. It has emerged as a safer way to spend money online, as…
Tag: bitcoin
Bitcoin Value Soars to Over 500 USD
For the first time in a year, bitcoin value soared by about 50% to $500 last week, indicating a sharp rise in interest around the globe. With prices for the digital currency lingering below $200 for much of the year, the recent surge tells us that bitcoin is here to stay. With more merchants and…
Good News for Bitcoin: Digital Currency is Here to Stay
If you’ve been paying attention to bitcoin news recently, you probably know that the digital currency is getting increasingly popular. Recent numbers show that bitcoin ($283 as of 10 a.m. Monday) usage has doubled over the past two years, with millions of dollars in transactions to show for its growth. Consumers, investors, merchants, financial institutions,…
Bitcoin Education Needed for More Consumer Use
Businesses have warmed to Bitcoin – the proof is in the growing number of merchants and companies that recognize it as currency. Unfamiliarity, loyalty to physical currency and even suspicion has resulted in slow consumer adoption. Alas, Bitcoin use by consumers has been slow. The solution could be Bitcoin education. Where Can Consumers Learn About…
How Cryptocurrencies Could Help Online Gaming Shortfall
When New Jersey launched its six online gaming websites last year, they expected a hefty cash windfall around $1.2 billion in the first year. As New Jersey’s online casinos near their one-year anniversary, they will likely fall short of the $100 million barrier, more than 10 times shy of the initial goal of $1.2 billion.…
NYU, Duke Offering Digital Currency Courses
For those with difficulty understanding the concept behind digital currency, Bitcoin 101 is in session. New York University and Duke University – both ranked in the recent US News & World Report’s Top Colleges and Universities poll – began offering digital currency courses this year. NYU is currently offering The Law and Business of Bitcoin…
B2B E-Commerce is a Huge Opportunity
When people think e-commerce, they usually think of e-retailers. Adding items to shopping carts, watching the mail carefully for their purchase, all the typical things that come of shopping online. However, B2B e-commerce (business to business) is rapidly on the rise. Through well-designed sites and online marketing strategies, B2B merchants can claim their stake of…