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Intuit Develops a Method to Send Bitcoin Via Text Messages

Intuit Develops a Method to Send Bitcoin Via Text Messages

Business and financial software developer from California Intuit has been granted a patent for processing bitcoin installments via text message.

Published by the U.S Patent and Trademark Office (USPTO) on Tuesday, the patent details how a network of virtual accounts could empower two users to transfer funds utilizing their phones. The patent was filed in 2014, not long after the company had launched its QuickBooks Bitcoin Payments service that allowed small businesses to accept bitcoin instead of fiat currency.

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CBOE to Roll Out Ethereum Futures in 2018

CBOE to Roll Out Ethereum Futures in 2018

CBOE Global Markets that runs the Chicago Board Options Exchange (CBOE) is going to roll out futures for Ethereum (ETH), according to Business Insider

What Are Futures?

Futures represent an agreement to purchase and sell an asset, including financial ones,  on a particular future date at a particular cost, allowing investors to speculate on the BTC cost without really owning the currency. Certain sources disclosed to Business Insider that the futures will be launched by the end of the year and based on Gemini’s underlying market.

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Bitcoin Rose Above $6,900 in Two Weeks

Bitcoin Rose Above $6,900 in Two Weeks

Drop It Like It’s Hot

Monday morning saw an extreme rise of the largest cryptocurrency by the market capitalization Bitcoin (BTC). The price for 1BTC reached over $7200 on Bitfinex exchange.  

At the press time, the price of BTC is slightly dropped. The current BTC market price is $6925 (according to bitfinex.com). 

Recent news around BTC confused Twitter users as they asked to explain what had happened to Bitcoin: