News Summary: 10/12 – 10/19

News Summary: 10/12 – 10/19

Most famously know for being the alleged mastermind behind the Silk Road, will be going to trial next month. To briefly summarize things, Ross defenses challenges to FBI’s acquisition of the server in the first place on top of other things have all been rejected so Ross is slated to stand trial on November 3rd, 2014 on 7 charges. For more information , read the article written by Alberto Mata here. A documentary explaining what Bitcoin is, as well as highlighting some applications of it and discussing several other major events such as the rise and crash of Mt. Gox. The Rise and Rise of....


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Market Summary 1-18/1-25

Bitcoin Analysis. Bitcoin has been increasing consistently over the last seven days, to a currency price of $244.58. The last time we saw this price was before the crash where Bitcoin took a 40% dive in two days, which is discussed in the previous Market Summary. We started this week with Bitcoin under $200, and has increased by approximately 25% over the duration of this week which I believe is due to one critical information of news: the Winklevoss Twins. Gemini: Winklevoss Twins Exchange. The Twins originally got into Bitcoin in 2012 reportedly having $11 million in Bitcoin, and in 2013....