I bought bitcoin at a deli — here’s how it works

At first glance, Mario’s Gourmet Deli, a New York City bodega on the corner of West 106th Street and Amsterdam Avenue, looks like a regular corner store. But inside there’s an ATM that gives folks access to what some view as the future of payments and finance: bitcoin. The recently installed ATM was featured in a New Yorker piece by Ian Parker, who described it as a “machine with the body of a regular ATM…

"I bought bitcoin at a deli — here’s how it works"

Here’s a super-quick guide to what traders are talking about right now

Dave Lutz, head of ETFs at JonesTrading, has an overview of today’s markets. US markets are in the green Tuesday morning, boosted by a tech rebound. The rest of the world is mostly in the red. Oil and copper are higher while gasoline is lower. Here’s Lutz: Morning!   US Futures are up small, led by Tech rebounding 15bp – Gold, Yen, Swissie all remain elevated near y’days highs tho as peeps digest the DACA headlines impact…

"Here’s a super-quick guide to what traders are talking about right now"

Here’s why bitcoin could be illegal someday

Right before I sat down to write this 10th Man, I read a New York Times article about how people are getting their identities stolen via their phone number. The one thing all these people had in common? They were vocal on social media about investing in bitcoin. They got hacked—and their bitcoins disappeared. In some cases, seven figures’ worth. That seems less secure than having gold or cash in your safe at home, buried…

"Here’s why bitcoin could be illegal someday"

Here’s a super-quick guide to what traders are talking about right now

Dave Lutz, head of ETFs at JonesTrading, has an overview of today’s markets. US Markets are slipping. Trump threatened to shut down the government over his border wall. The Mexican peso is lower. Natural gas is retreating. Here’s Lutz:  Good Morning!   US Futures are retracing some of yesterday’s gain, with Russell down 30bp and S&P off 20bp as LOW and LZB will be weighing on Home Retail.   Euro exchanges are trading around unchanged, with the…

"Here’s a super-quick guide to what traders are talking about right now"

Bitcoin might split again — here’s what you need to know

Bitcoin power brokers were unable to come behind a single solution that would have preserved a unified cryptocurrency by Tuesday morning’s deadline. As such, the digital currency has officially forked and split in two: bitcoin cash and bitcoin. Bitcoin cash is a fork of the bitcoin system: It’s a new software that has all the history of the old platform — the main difference being it will have 8 megabyte blocks instead of 1 megabyte…

"Bitcoin might split again — here’s what you need to know"

Here’s why Bitcoin is rebounding

This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. Bitcoin has recovered somewhat from the drop in value seen last Sunday, with the price of the cryptocurrency reaching $ 2,701 at the time of this writing. The stabilization seems to be the result of Bitcoin miners reaching an agreement on the enactment of the Bitcoin Improvement Proposal. This agreement means the avoidance of a user-activated softfork (UASF), the possibility of which caused significant unease…

"Here’s why Bitcoin is rebounding"

Bitcoin is embroiled in a civil war — here’s one way it can unfold

A civil war is taking place in the world of bitcoin, putting the future of the red-hot cryptocurrency in question. Bitcoin is up over 250% since last year, but in the past few months its price has experienced big swings. Arthur Hayes, CEO of BitMex, a bitcoin derivative exchange, told Business Insider he thinks recent volatility in bitcoin’s price reflects the uncertainty surrounding the outcome of this war, which will be decided August 1 when crypto-power brokers determine how the tech that…

"Bitcoin is embroiled in a civil war — here’s one way it can unfold"

Here’s why regulators need to get serious about bitcoin

This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. As bitcoin’s price skyrockets and popular demand increases, some of the world’s largest wealth managers have started giving their clients the opportunity to invest in the digital asset. Last week, Boston-based Fidelity facilitated investor access to the asset, and on Thursday, UK-based Hargreaves Lansdown followed suit. Hargreaves Lansdown now gives clients the option to invest in an…

"Here’s why regulators need to get serious about bitcoin"

Bitcoin is soaring — here’s what the cryptocurrency is all about

Bitcoin is a currency just like the US dollar or Mexican peso. It’s also back in the headlines after soaring in value. One bitcoin was worth $ 2,800 on May 25, up from $ 1,200 at the end of April. In countries that accept it, you can buy groceries and clothes just as you would with the local currency. Only bitcoin is entirely digital; no one is carrying actual bitcoins around in their pocket. Bitcoin is…

"Bitcoin is soaring — here’s what the cryptocurrency is all about"

Bitcoin isn’t 100 percent anonymous — here’s how to further hide your purchases

Bitcoin is a cryptocurrency that can help protect your identity when making purchases online. But it’s not foolproof. Kevin Mitnick, one of the world’s most famous hackers and author of the book “The Art of Invisibility,” offers some tips that will help you remain anonymous. Follow Tech Insider: On Facebook Following is a transcript of the video: The whole idea of really being truly invisible is a disconnect between you as the user and your first…

"Bitcoin isn’t 100 percent anonymous — here’s how to further hide your purchases"