UK Royal Mint Working On Plans To Issue Gold-Backed Physical Bitcoins

The implicit, and ever more explicit, institutional acceptance of the dominant cryptocurrency Bitcoin (we say dominant because as we pointed out last week, there has been an unprecedented spike of digital currencies one can pick and choose from) contin… [...]

Bitcoin Plunges Into Bear Market

UPDATE: BTC has rallied 26% off its lows in the last 55 minutes – with extreme volumes   From it's gold-matching highs at $1242 on Thursday night, the price of Bitcoin has collapsed over $400 (32%) to $840 on heavy volume. Of course, this is … [...]

E-Gold Founder Launches New Gold Backed Currency

Submitted by Mike Krieger of Liberty Blitzkrieg blog, It was only a matter of time before the success of Bitcoin led to a new attempt to create a digital currency backed by gold. It seems as if that day has now arrived. Douglas Jackson is the foun… [...]

Metallic Money (Gold/Silver) vs. Credit Money: Know The Difference

Submitted by Charles Hugh-Smith of OfTwoMinds blog, Longtime correspondent Jeff W. succinctly explains the difference between metallic money (gold and silver) and credit money. You've probably read many articles about money–what it is (store of va… [...]

Bitcoin Now Worth More Than Gold

UPDATE: … And then Bitcoin collapses 13% minutes later…   It seems the growing tensions in Asia (Japan-China sabre-rattling and Indian capital controls) have prompted more great rotation out of fiat and into digital currency as China/India ma… [...]

These 441 (And Rising) Retailers Are Offering "Bitcoin Black Friday" Deals

If one of the initial fears surrounding Bitcoin, or rather digital currencies of which there suddenly appears to be a veritable tsunami now that anyone with an algorithm can become their own central bank (and all are exploding in value in what should m… [...]

The Bitcoin Parabola Continues: Up 10% In 12 Hours, Hits $1170

Despite the US being largely on holiday, the demand for digital currencies continues to surge. Bitcoin has rallied another 10% overnight as Chinese appetite for alternative stores of value remains unabated (BTC China is nearing its record highs) as USD… [...]

Thanksgiving Frontrunning And Market Summary

European shares remain higher though are off intraday highs. Italian, Spanish markets are the biggest gainers among larger bourses, Swiss the worst. Euro is stronger against the dollar. Commodities decline, with soybeans, zinc underperforming and wheat… [...]

Presenting The BitKillers: These Are The Richest Holders Of Bitcoin

The top holder of Bitcoins is the unlikely named 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a with 111,111 units of the crypto-currency (up from 40,000 units in the summer of 2011) for a total value over $110 million. Perhaps most interesting is these 100 Bitcoi… [...]

Record Dow, Nasdaq, S&P, Russell, Bitcoin And US Debt

Volumes – expectedly – were extremely light and so, we all know what that means: a dash for trash meltup. NASDAQ keeps powering ahead as the S&P and Dow recover from yesterday afternoon's cliff dive. Trannies now up 13.3% off the debt-ceiling l… [...]