The Bitcoin Price Index Needs Some Serious Fixing
Bitcoin.info has officially announced its launch in a move to improve the way Bitcoin’s price is determined. With the explosion of interest in Bitcoin over the last 24 months, keywords, trademarks and domain names around bitcoin have become somewhat of a commodity. Techemy Ltd, a NZ based start-up, has secured a key domain name in the Bitcoin space: bitcoin.info. “After having spent 11 months building a stable price index (BNC Price-Index via Bravenewcoin.com), we wanted to offer the world a clean website with a solid domain name for 1 reason: Accurate Price-Discovery (and related tools).”
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Cointelegraph announces the release of our brand new Bitcoin Price Index - a comprehensive tool for tracking Bitcoin price changes and historical data, analyzing the market and making trading decisions. It is an easy way to track Bitcoin exchange rates and keep an eye on the value of Bitcoin. The index was developed in co-operation with BitcoinChain.com, a “one-stop shop” which has been providing general information on the cryptocurrency industry and quality tools for Bitcoin analytics since 2013. What is CoinTelegraph’s Bitcoin Price Index? As such, the CT’s Price Index is aimed at....
The article has been updated with comment from Cameron Winklevoss. WinkDex, the bitcoin price index created by bitcoin investors and entrepreneurs Cameron and Tyler Winklevoss, has launched a new API for developers. As first reported by Fortune, the WinkDex API was made available today. The API page on the index's website outlines key information, as well as suggestions for application development. Cameron Winklevoss told Fortune that the benefit of the API release would help both the index itself, as well as the broader bitcoin community, saying: "We've spent a lot of time trying to build....
The Winklevoss Twins, Cameron and Tyler, are hoping to make a splash with their newly-launched Bitcoin Price Index, aptly named the WinkDex. According to a Fortune exclusive, the twins - beginning today - will be opening up their Index's API (application programming interface) to developers, which will allow said developers to build atop the Index with their own programs. "We've spent a lot of time trying to build a really cool tool," said Cameron Winklevoss to Fortune. "Obviously the index will be big for us because it will be used to price any future ETF. But we also wanted to build on....
Rumors are circulating on the web that the People's Bank of China website was attacked on Thursday morning via a distributed denial of service attack by those angry at recent orders for payment processing companies to stop working with bitcoin exchanges. "Mr. Shangkong" at the South China Morning Post makes the claim, and apparently, Chinese media outlets are blaming this attack on "foreign bitcoin investors". As for the People's Bank of China - they say the downtime was attributed to "fixing web", which we have no idea what that means exactly, but can only assume fixing a technical issue....
Over the past few days, there has been a growing demand for Bitcoin by Chinese investors. The Bitcoin price has surged because of this situation, and as more people start to see the value of cryptocurrency, this trend is likely to continue. The Chinese Yuan has seen its largest monthly decline since August of 2015, which comes on the heels of the Fed hinting at potential interest-rate increases. Additionally, this decrease was also caused by the PBOC cutting the fixing by 0.45%. Bitcoin, on the other hand, keeps gaining momentum while these woes haunt the financial ecosystem. Cutting the....