NASDAQ columnist: dropping Bitcoin price is not a crisis
The recent drop in bitcoin prices does not mean that the digital economy is in crisis. Even if the price of the digital currency dips down to $150, it won’t be the end of Bitcoin – or so says NASDAQ columnist Martin Tillier.
BitStamp CEO: All balances held prior to 5th of January are safe
Founder of Bitstamp exchange Nejc Kodrič informed clients of the company, that their balances held before 5th of January are safe. Meanwhile Reddit users are posting messages about movement of stolen bitcoins.
Canadian trading platform Vault of Satoshi will close down on February 5th
The Vault of Satoshi trading platform has announced the closure of all operations at the beginning of February. The company posted the announcement on its website on the same day that Bitstamp announced a temporary suspension of all operations.
Bitstamp temporarily suspended on a loss of $5 million
A statement on Bitstamp’s website informs the company’s customers of the loss of 19,000 BTC and temporary suspension of services. Still, there is nothing to worry about, says the company.
Bitcoin’s dramatic fall could be related to Chinese stock exchanges
The slump in Bitcoin prices at the end of 2014 came at the same time as the Chinese stock market recovered. It might be not a simple coincidence.
Tourists visiting Manhattan get to know about Bitcoin
Manhattan tour buses are carrying advertisements with references to Bitcoin.
Bitstamp suspends its services after confirming wallet problems
Bitstamp, a major bitcoin exchange, has temporarirly suspended services, reports the company’s official Twitter account.
Tim Draper suggests buying bitcoins for rubles
Tim Draper posted on Twitter saying that now is the time to exchange rubles for Bitcoin. He did not comment or specify any reason for his suggestion. Other users met the idea with scepticism.
Bitcoin drops below $280
The price of bitcoin reached $276.27 at 4 a.m. GMT on January 4, as the CoinDesk Bitcoin Price Index shows. The price of bitcoin has been falling since around midnight GMT on January 3.
New California legislation makes bitcoin an “alternative currency”
A bill has come into force in the state of California which specifies that bitcoin is not under any ban of issuance or circulation and, therefore, is legal for payments and transactions. The comments section of the bill clarifies what bitcoin is and how it operates.
Bitcoin war: Reddit users attack sponsor of North American Bitcoin Conference Josh Garza
The North American Bitcoin Conference in Miami will begin in two weeks. A group of Reddit users has launched a campaign against one of its sponsors, Josh Garza
Crypto-anarchist offers to disband the Bitcoin Foundation
Cody Wilson, a candidate for the Bitcoin Foundation Board Election in 2015, has launched a campaign to dismantle the Foundation if elected. Wilson claims the Foundation should be “destroyed” for collaborating with authorities instead of promoting the revolutionary concepts of technological libertarianism.
Bitcoin price dips below $300 for the first time since 2013
According to the CoinDesk Bitcoin Price Index, the price of bitcoin has fallen to around $300 in the first exchange rate shift of 2015. The price of bitcoin fell by about $15 on January 3, reaching a low of $297.87.
Almost half of all bitcoin operations took place in 2014
The number of bitcoin operations is constantly growing. The past year saw 45.5% of all bitcoin operations in history.
Forbes: block chain necessary for the 21st century global economy
Anthony Kosner at Forbes suggests that bitcoin should be seen as a “necessary building block” in the future of the world economy.
Japanese Newspaper: Mt. Gox became target of internal theft
99% of Mt Gox bitcoins went missing through internal manipulation, not due to an external cyber attack, a Japanese newspaper reports. The newspaper cites an insider source and the Metropolitan Police Department.
