SpicePay News

btc price, price of bitcoin, bitcoin price

The BTC price edged toward an all-time high last week, topping $1,100. While this peak was followed by a drop related to news out of China, 2016 was a year of highs, particularly in the past few months. The last time Bitcoin passed the $1,100 mark was in 2013, which begs comparison to last week’s […]

bitcoin payments transactions

Bitcoin payments could be much closer to going mainstream than many people think. The reason is not only that the list of merchants accepting bitcoin is growing by the minute. It is also because Bitcoin is maintaining a lower rate of volatility. In the past year, Bitcoin’s volatility rate has decreased substantially, from 4.9% at […]

bitcoin price

The Bitcoin price has reached heights not seen since 2014 in recent months. As 2016 draws to a close, all eyes are on it. Cryptocurrency prices are always a favorite Twitter topic for entrepreneur Vinny Lingham. For the uninitiated, he is one of the “sharks” on Shark Tank South Africa and one of bitcoin’s enthusiastic […]

bitcoin price

The bitcoin price has reached record highs lately, as geopolitical forces increasingly impact the bitcoin economy. Currency uncertainty, particularly in China and India, is stimulating dramatic increases in bitcoin transactions. Hence the soaring bitcoin price. We could be seeing the early rumblings of a greater upheaval to come – with the inauguration of U.S. President-Elect […]

bitcoin transactions, bitcoin adoption

Bitcoin transactions are increasing significantly worldwide. The week of 20th November was the busiest ever. Here’s a snapshot of this peak timeframe: • Two million bitcoin transactions • Tens of thousands of transactions backlogged for confirmation • 333,466 transactions processed in a single day High demand is driving prices up. Way up. The bitcoin price […]

crypto-currency

With more merchants accepting Bitcoin and consumers paying with Bitcoin, cryptocurrencies are becoming more legit by the minute. Like it or not, government bodies are beginning to accept the inevitable: They are part of the global financial system, and the old guard will have to deal with it. A group of U.S. regulators called the […]

CoinDesk’s 2016 State of Bitcoin and Blockchain report looks at key trends, data and events from 2015. While the biggest story has been the growing interest in blockchain technology, we at SpicePay are especially interested in the climate for Bitcoin merchants, so let’s zoom in on that. Starting with the big picture, Bitcoin and blockchain […]

Bitcoin Taxes

How is bitcoin taxed? Are bitcoin transactions taxable? Are bitcoin profits taxable? It depends. Tax regulations differ by country, and when it comes to Bitcoin taxes, they’re all over the map. Generally buying Bitcoin is not taxable in itself. But depending on where you are, you may be taxed if you sell Bitcoin at a […]