News Summary: September 21st – September 27th
A compelling read by Nuno, Paypal has finally delivered on its word after what seems now like weeks of teasing acceptance of Bitcoin. Finally Paypal has signed a partnership with popular Bitcoin processors such as BitPay, Coinbase and Gocoin. It first started with people using Braintree able to accept Bitcoin, now it’s people using Paypal’s Payment Hub for digital goods which in turn may mean you could purchase your favorite steam games straight through Steam. If you would like to know more, please visit the full article here. Considered by many a scam, The US government has finally heard....
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The price of Dogecoin declined over the past week (21st-27th of January) from 70 to 61 satoshis at the time of writing of this article. By studying the 1 day Hitbtc DOGE/BTC charts from tradingview.com (look at the below chart), we can clearly see a bullish rally that pushed the price of Doge up to around 74 satoshis on the 14th and 15th of January; this coincided with the fall in the price of bitcoin which dropped to $162 on the 14th of January. Since last November, the price of Dogecoin seems to have been oscillating between 70 and 51 satoshis (look at the 2 pink trend lines on the below....
If you don’t what the Bit Drop is, essentially it is a event sponsored by Coinapult , which we have interview before, Aspen Assurance, and Bitcoin Beauties just to name a few. On 3/14/15 at 9:26 a.m, Dominica will send Bitcoin to every resident via SMS some Bitcoin, over 70,000 strong. Not only has it made news in the Bitcoin community, it has also made news in some more mainstream channels. I was lucky enough to talk to talk to Sarah over at the Bit Drop. Read the comprehensive interview here. Nuno interviewed Jason Lukasiewicz, the CEO of Coinsetter. Coinsetter is a Wall Street based....
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse Than Expected, Report Signals an Aggressive Fed Rate Hike on the Horizon, Global Markets Shudder U.S. inflation numbers for September are in, and the inflation rate, or CPI, is worse than expected. According to the U.S. Bureau of Labor....
In September, the Darkcoin price broke out of a slump and surged at an impressive rate. However, Darkcoin could not sustain that massive amount of investment capital, because the Darkcoin price climb turned into a price bubble that popped during the latter half of September. But it appears the decline may be over and that Darkcoin is returning to its mean price level. Also Read: Darkcoin 2.0 Open Source - Can Darkcoin get it's mojo back? Darkcoin Price Returns to Mean After September Price Bubble. During the early portion of September, the Darkcoin price hovered around 590,000 satoshis. On....
Bitcoin is back in the driving seat. The leading crypto has made 2.5% gains over the past week, pushing the crypto market upwards as sentiment shifts in favor of the bulls. The move comes on the back of macroeconomic news. Last Wednesday, the Federal Reserve pledged to keep interest rates close to zero until 2023. […]