The BitcoinAverage Report: The Boring Week of Bitcoin
The price of bitcoin had little to show last week relative to the range of price movement mostly sideways trading, which hit $423 on the upper limit and $415 on the lower end. The Weekly BitcoinAverage Report. The most exciting activity was a run up to $424 on April 8th, applying counterweight to the previous week’s low of $416. Later, a sell-off to $412 after failing to break to break up wards ruffled some feathers. The low shook out the feeble hands, turned traders bearish and tossed off weak bulls as many had been expecting a final break of $425. Seen above — a 12-hour chart on Bitstamp....
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Meet BitcoinAverage, the world’s first and premier price index for Bitcoin. “There was no funding involved, it was created initially … as a hobby. I wanted to provide it to the community to do my part for bitcoin,” said Shaun Gilchrist, founder and CEO at BitcoinAverage, whose Global Bitcoin Price Index (GBX) was the first of its kind in the industry and is still the most widely used price source for the cryptocurrency. “There was truly no goal to monetise the project, it was open source and even access to the application program interface (API) was completely free, three years later, it....
What started out as just Shaun Gilchrist’s hobby is developing to become the world’s first and premier price index for Bitcoin, BitcoinAverage. Basic physics describes how a simple innocent bathtub immersion inspired an innovation that has affected mankind. Archimedes did not set out to discover the principle of floatation, but ships are built today based on the principles he discovered. “There was no funding involved, it was created initially as a hobby. I wanted to provide it to the community to do my part for bitcoinCT r: 8,” said Shaun Gilchrist, founder and CEO of BitcoinAverage,....
Perianne Boring graduated from the University of Florida during the height of the latest round of economic downturn and saw the results first hand in her native Lakeland. Since that time she has worked as a Congressional financial analyst and free market advocate and has written extensively on macroeconomics and consumer finance. Perianne also runs a popular personal blog called the Boring Bitcoin Report. Ms. Boring is a firm believer that cryptocurrency technologies have the potential to correct many of the problems inherent in a centralized economic system. CoinTelegraph: What are the....
Today marks the start of the highly-anticipated North American Bitcoin Conference in Chicago, and with that you can expect a slew of announcements to be made. One such announcement is the launch of the so-called Chamber of Digital Commerce, a new organization registered as a 501(c)(6) nonprofit. This will effectively allow the group to lobby in Washington, D. C., in addition to serving as a trade association of sorts. The group, which has secured backing from RRE Ventures and Tally Capital, is led by Perianne Boring. Boring is a former journalist and congressional staffer, and publishes....
Leading Bitcoin price index, BitcoinAverage, has announced the release of its new system. It claims to revamp the pricing index to accommodate the needs of users at every level from casual to enterprise-grade. The London-based company has been seeking to establish itself as the leading source for Bitcoin pricing since 2013 and has since been developing open-source application programming interface (API) tools to provide real-time BitcoinCT r: 8 data to mobile apps, web services and businesses worldwide. It says in the announcement that BitcoinAverage is preparing for the launch of a new....