Chinese central bank warns bitcoin exchanges, again
In a public announcement today, the People’s Bank of China (PBOC) has revealed its warning toward nine local bitcoin exchanges operating in the country. Read more: www.cryptocoinsnews.com
Bitcoin price support weakens in dip below $1,200
After several days of rangebound trading, bitcoin's price took a tumble today. Read more: www.coindesk.com
Bitcoin exchange Bitfinex swaps tokens for equity
Bitfinex has announced that many of its largest BFX token holders have agreed to exchange more than 20m BFX tokens for equity in the company. Read more: www.cryptocoinsnews.com
Two face trial over bitcoin exchange tied to JPMorgan hack
A Florida software engineer and a New Jersey pastor are expected to face trial connected to the Coin.mx bitcoin exchange investigation. Read more: www.cryptocoinsnews.com
Virtual currencies unlikely to crowd out fiat
The Swift Institute has published a new research paper analysing whether Bitcoin will crowd out fiat currencies in the global community. Read more: www.finextra.com
Regulated bitcoin product is launching in Gibraltar this week
The Web-based currency can be used to send money instantly around the world, free of charge and with no need for third-party checks. Read more: uk.businessinsider.com
The price of bitcoin just hit an all-time high
Bitcoin just hit an all-time high. The digital currency is currently trading at around $1,186 — which is about $20 more than its previous all-time high. Read more: techcrunch.com
Bitcoin MSB exemption goes to New Hampshire for approval
Senators in New Hampshire have passed a bill that would exempt digital currency traders from money transmission regulations. Read more: www.coindesk.com
Bitcoin tracker: challengers and backlogs
It’s been a varied week for bitcoin. Bitmain announced plans to open a new mining center, according to CryptoCoinsNews. Read more: www.pymnts.com
When will bitcoin’s market cap equal gold and reserve currencies?
How can we determine at what price point will bitcoin match the total money supply value of global reserve currencies and the market cap of precious metals? Read more: www.bitcoinist.com