Tag Archives: 2015

Recapping the week’s biggest Bitcoins stories from around the web. Nine leading investment banks join forces on a blockchain startup. As Justin O’Connell of CryptoCoins Newswrites, Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, JPMorgan, State Street, Royal Bank of Scotland, and UBS, all partnered to integrate the blockchain technology into their services. The initiative aims to launch new industry ... Read More »

BITCOIN PRICE THIS WEEK This week, bitcoin’s price gradually declined to a low of $ 227, from last week’s $ 240. It has been a slow grind down from the past 4 week high, $ 247. Trading is now ranging within the rectangle, on a sideways trend that almost always precedes a break out. Up or down? “If bulls can’t ... Read More »

Recapping the week’s biggest Bitcoins stories from around the web. Scotland should launch its own digital currency. According to a report released by The New Economics Foundation, Scotland has all the potential to introduce the “ScotPound” and capitalize on the benefits of a digital currency. The independent economic committee thinks that such a scheme would create a new field for ... Read More »

Recapping the week’s biggest Bitcoins stories from around the web. UBS envisions on making the virtual currency mainstream. According to Anna Irrera of The Wall Street Journal, the leading Swiss bank is working on a “prototype virtual currency” that it will hopefully be used asa “utility settlement coin”. Even if two financial institutions that use different platforms built on blockchain ... Read More »

Recapping the week’s biggest Bitcoins stories from around the web. U.S teenager has been arrested for facilitating ISIS with bitcoins. As Deepak Tiwari of Bitcoinistwrites, Ali Shukri Amin, 17 has been sentenced to 11.3 years in prison for funding ISIS. According to the U.S. Department of Justice, Amin was arrested for providing advice to ISIS supporters as well as instructions ... Read More »

Recapping the week’s biggest Bitcoins stories from around the web. An American startup unifies Internet of Things with the blockchain technology. As Stacey Higginbotham of Fortune reports, Filament has raised $5million in a Series A funding round led by Bullpen Capital to leverage blockchain for IoT. Filament has built Tap, a rugged sensor package and technology network that allows its ... Read More »

Recapping the week’s biggest Bitcoins stories from around the web. Greeks are turning to the bitcoin as a result of the current banking crisis. According to CNN Money, there is an increasing number of Greeks are registering to online trading platforms, mainly the German Bitcoin.de, in an effort to investigate the benefits of the bitcoin compared to the euro and ... Read More »

BITCOIN MARKETS, WEEK OF JUNE 23 – 30 This week, bitcoin continued its steady run up from 3 weeks ago; up from $219 to a high earlier today at $269. After encountering resistance at $259 2 weeks ago, price retraced in a consolidatory fashion, while firmly respecting support on $240. This level was to form a solid base for a ... Read More »

Recapping the week’s biggest Bitcoins stories from around the web. The Federal Trade Commission (FTC) alerts consumers about the bitcoin use. As Nuno Menezes of NewsBtc writes, in a blog post released by the FTC on the FTC Consumer Information blog, consumers are warned about the risk of using the bitcoin as a legal payment method as well as other ... Read More »

Recapping the week’s biggest Bitcoins stories from around the web. The Ross Ulbricht series is still on. In spite of its lifetime sentence, his supporters are now organizing a fundraiser towards his appeal. According to Inside Bitcoins, the Crypto Show, a crypto-anarchy podcast initiated a fundraiser to raise funds for supporting Ross Ulbricht’s appeal. The bitcoin community members are donating ... Read More »