SpicePay News

Every time it seems the Bitcoin price couldn’t possibly climb any higher, it exceeds expectations. Earlier this year Bitcoin made headlines, with analysts predicting that it could go up to $3000. It did, much sooner than most people imagined. A few months later, $5000 and up became the norm. This week, a week-long surge culminated […]

The bitcoin fork back on August 1 was the culmination of a dispute over how to scale bitcoin – a long skirmish some have called a “Bitcoin Civil War.” The lack of consensus led to a fork, which is when a cryptocurrency splits into two separate cryptocurrencies. This summer’s fork led to the creation of […]

The Bitcoin price hitting $5000 was once a prediction that only the most bullish would make. In September, it happened, making history. Remember: Just over four months ago, in June, history was made when it hit $3000. Here we are in October and $5000 is already, well, history. This morning the Bitcoin price climbed to […]

China’s ICO ban was enacted on September 4, when the central bank declared ICOs an “illegal public finance” mechanism. The ban means that Chinese start-ups will not be able to raise funds through an ICO (Initial Coin Offering), where capital comes in the form of cryptocurrency. It does not mean that cryptocurrency developers and service […]

This historic Bitcoin milestone was predicted by Bitcoin proponents well in advance. To some, it was only a matter of time. Others are aiming much higher. None of which dulled the excitement when the Bitcoin price reached an all-time high of $5000 USD per BTC on the CoinDesk Bitcoin Price Index on September 1! 2017 […]

The question of Bitcoin scaling is finally settled: On August 24 SegWit was activated! This is a major technical milestone, and a cause for celebration in the bitcoin community. Developers now have the ability to use the new protocol, which is expected to improve transaction speed and security – and lower fees. To give you […]

August 1  has come and gone, and SpicePay made it through the drama that divided the bitcoin community. Following a brief security hold, we’re back in the bitcoin business, with all services in good operating order. Your patience during this odd little interval is appreciated. So what exactly happened? As you’ll recall from recent SpicePay […]

Last week BIP91, the bitcoin upgrade designed to solve the scaling issue, surpassed the needed 80% backing. It was activated Saturday, July 22, after 93% of miners signalled their support. There is a next step: More than 51% of miners must start using the BIP91 protocol by August 1 for it to be fully adopted. […]

Entrepreneurs are naturally drawn to Bitcoin. They are original thinkers, typically unconventional and often visionary. They’re perfectly comfortable taking the road less traveled. They may even prefer it. To them, a decentralized, purely digital currency simply makes sense in an increasingly globalized and digitized world. Business owners and entrepreneurs have been among the first to […]