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The app can be downloaded via a link sent to mobile devices. Starting Tuesday, European residents will be able to top it up with euros to buy bitcoin or make payments. U.K. users can send and receive British pounds and BTC, and also set the app to convert funds sent to Europe into euro or cryptocurrency. Bottlepay Founder Pete Cheyne was quoted by Yahoo Finance saying: Bottlepay is attempting to rewrite the rules when it comes to cross-border transactions. Half a billion people across the U.K. and Europe can now make cost-effective, instant payments to each other with a payments app that’s ...

Money by Will Feuer   Bitcoin plummeted over 30 per cent overnight Wednesday, sending the price of the biggest cryptocurrency below the $50,000 (AUD) mark per coin for the first time in over three months. As of noon, bitcoin was trading at about $51,000 per coin, according to coinmarketcap.com. That means the digital coin has lost all of its gains since early February, around the time that Tesla announced it had bought $2 billion worth of bitcoin, which helped spark a run-up in price that saw bitcoin peak at over $75,000 per coin in April. Bitcoin is...

  Bitcoin plummeted over 30 per cent overnight Wednesday, sending the price of the biggest cryptocurrency below the $50,000 (AUD) mark per coin for the first time in over three months. As of noon, bitcoin was trading at about $51,000 per coin, according to coinmarketcap.com. That means the digital coin has lost all of its gains since early February, around the time that Tesla announced it had bought $2 billion worth of bitcoin, which helped spark a run-up in price that saw bitcoin peak at over $75,000 per coin in April. Bitcoin is still up over 300 per cent compared with a year ago. ...

  The company's direct listing slated for Wednesday - which could give it a valuation as high as $US100 billion ($130 billion), according to CNBC - "signifies an endorsement and acceptance of bitcoin by the broader Wall Street community", said Anthony Denier, chief executive of the trading platform Webull. "The Coinbase IPO is a seminal moment for the digital assets industry," said Pete Cheyne, founder of Bottlepay, a bitcoin-based payments app. "From tomorrow, there is an exchange tradeable instrument for (asset managers) to participate in this paradigm change, and this is having a big i...