CategoryU.S. Market News

Unique coverage of U.S. Markets, with a special focus on the Dow Jones Industrial Average with related financial reports.

Taiwanese Can Now Buy Bitcoin at over 5000 Convenience Stores, Including Hi-Life and OK Mart

Two large convenience store chains in Taiwan, Hi-Life and OK Mart, have turned into de facto Bitcoin buying locations for Taiwan's highly tech-connected population. Two months ago, BitoEX started letting users buy Bitcoin directly at their local Family Mart. Now, that functionality is available in Hi-Life and OK Mart, bringing the total amount of convenience stores wired for Bitcoin buying to...

Bitreserve, Bitoil and the Bitcoin Blockchain

Oil rig

Financial services company, Bitreserve has big plans for 2015. Starting next year, Bitreserve will add oil, in the form of Bitoil™ to its platform as a commodity users can easily hold as an investment as well as transact with using the Bitcoin network. Earlier this month we reported on Bitreserve's addition of bitgold, a link between gold bullion and the Bitcoin network which users can hold in...

Bitcoin Exchanges QuadrigaCX and BitMEX Integrate with Vogogo

Today, Vogogo announced a signed contract between BitMEX, a bitcoin mercantile exchange for professional investors, and QuadrigaCX, a leading Canadian Bitcoin exchange. It’s expected that both exchanges will integrate with Vogogo’s payment processing and risk management platform enabling each to offer users transactions between Bitcoin and fiat currencies in the US and Canada, with the EU...

Bitreserve Raising 6,000,000 British Pounds with CrowdCube

As of this writing, South Carolina firm Bitreserve has already raised over 5 million of the 6 million British pounds it is aiming to raise with British platform CrowdCube. CrowdCube allows British folks to take a stake in privately-held companies at any stage in their development. The minimum investment on CrowdCube is just £10 making it similar to KickStarter or IndieGoGo but instead of focusing...

BitPay Integrates with DriveWealth to Attract Millenial Investors

BitPay, the world’s largest payment processor, announced this past Thursday that they had opted to integrate with DriveWealth, a mobile investment platform that is available around the world. With the inking of this deal, DriveWealth becomes the first financial services company to allow users to fund their accounts using bitcoin. Bitcoin’s borderless and growing international appeal will make it...

Hyperinflation Hits Venezuelan Bolivar

Another fiat currency struggles to stay afloat as the Venezuela Bolivar looks to be in the throes of hyperinflation, which has been forecast for at least the last 18 months. Within black-market currency exchanges, the Bolivar has lost about 50% of its value versus the US Dollar in the month of November. In a sign of desperation, the nation-state has suspended reporting of their inflation rate for...

Estonian e-Residency Program Launched

Tallinn, Financial District

In October, the Estonian government invited anyone, anywhere, to become an e-citizen of the Estonian digital society, open a bank account in Estonia, or start a business. They said that, by the end of the year, anyone with an internet connection would be able to live their financial life in Estonia, all without being physically present. Also read: Become an E-Citizen of Estonian Digital Society...

Nigerian Billionaire Commits $100 Million to African startups

African man

Nigerian billionaire investor and philanthropist Tony Elumelu has committed $100 million to create 10,000 entrepreneurs across Africa over the next ten years, Forbes reports. “It is our opportunity to empower a generation,” said Elumelu. Also read: The Bitcoin Dream Is Happening In Africa Tony Elumelu has derived an estimated $1 billion fortune from banking, energy, investments and real estate...

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