WolframAlpha to Change Bitcoin Data Source to No Longer Quote Mt. Gox Rates
Late last year, computational knowledge engine WolframAlpha integrated bitcoin support, effectively recognizing the digital currency and allowing the user to find real-time pricing and make calculations. But since former bitcoin exchange Mt. Gox started having issues with withdrawals, users in the bitcoin community called for sites and services that used Mt. Gox pricing data to quit doing so, stating the exchange's data was nothing more than an inaccurate price representation. In response, many sites did, but WolframAlpha has continued to use Mt Gox pricing data. In fact, if you visit the....
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As we reported last week, computational search engine WolframAlpha has finally changed their data source to include accurate bitcoin rates. Since first integrating bitcoin and recognized it as a currency, the engine had quoted rates from Mt. Gox - which, as you're likely aware, has been facing a series of issues with their insolvency. As such, users researching bitcoin on the site were presented with the last price before trading was halted completely, a rate of about $130/BTC. Meanwhile, at other exchanges, the going price per bitcoin was above $600. As of this writing, WolframAlpha is....
Popular computational engine WolframAlpha has finally recognized bitcoin as a currency, after a long period of just offering basic information to users. When users run a search for bitcoin on the site, they are presented with the symbol, price at the latest conversion rate, historical chart, and more. It's a great change for those who want up-to-date information on the digital currency, and proves that bitcoin is in actually becoming mainstream to the point that any ordinary Joe can find this information on WolframAlpha. Check it out for yourself. What do you think?
Looking to make a quick bitcoin rate conversion? If you're a user of Microsoft's Bing search engine, you no longer need to go past the search bar. That's because Bing has now added support for bitcoin conversions. To use, you can simply type in a query like "20 btc to usd" or "20 usd to btc". A result will appear below with the appropriate conversion rate. We've been able to convert in USD, EUR, CNY, and GBP - so it's probably safe to assume most currencies are supported. Rates come from San Francisco-based Coinbase, which operates as a buying/selling house over a traditional exchange.....
CNN Money is now displaying the price of bitcoin for those interested in tracking the digital currency's latest price movements. The Bitcoin Composite Quote, as it's called, was tweeted today on the official CNN Money Twitter account - which at the present time, has about 818,000 followers. On the new page, you'll find most of the information you would come to expect: a chart, real-time quote, today's change, and more. You'll also find news items related to bitcoin (CNN is using the XBT abbreviation, by the way), though they aren't very good, considering most of them come from press....
Bitcoin funding rates had fallen below neutral two weeks ago after finally recovering from a month-long downtrend. This had sparked fears of another bearish trend starting in the market. However, this has quickly changed as the numbers for last week have come in. This time around, the bitcoin funding rates are painting a better picture for the digital asset. Funding Rates Return To Neutral The bitcoin funding rates for the last week have been more optimistic compared to previous weeks. This is because it had continued to maintain its positive at neutral for the whole seven days; there was....