Bitcoin in the Headlines: Press Eyes Skyrocketing Price
Bitcoin in the Headlines is a weekly analysis of industry media coverage and its impact. Bitcoin is back in the spotlight. The digital currency's recent price surge caught the attention of journalists across the globe this week, with major publications noting as bitcoin surged past the $450 mark on CoinDesk's USD Bitcoin Price Index for the first time this year, even passing $500 on select exchanges. You would have thought that the coverage of bitcoin's rally would have ensured that the focus remained on the technology's use as a digital currency, but this was not entirely the case. As....
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Bitcoin in the Headlines is a weekly look at bitcoin news, analysing media and its impact. Whilst last week's reporting was heavily US-focused, the coverage this week was more far reaching, with outlets from India and Russia mentioning bitcoin - even if in a negative light. Indeed the biggest lightning rod of interest this week was perhaps bitcoin's alleged propensity for enabling illicit activities, with the use of the payment method in online child pornography transactions capturing the lion's share of the media's headlines. Interestingly this focus, however, did deflect from other....
Bitcoin in the Headlines is a weekly look at global bitcoin news, analysing media and its impact. Ever-hungry for product launches and splashy funding rounds, the mainstream media was sent into a frenzy this week as Circle announced the closure of its $50m round and Coinbase confirmed it was expanding across the pond to the UK. Despite seemingly good news for the bitcoin ecosystem, misreporting - and inaccuracies - featured across outlets. Meanwhile, some journalists also questioned the need for substantial funding rounds, given that some startups were not highly concerned with return of....
Bitcoin in the Headlines is a weekly analysis of bitcoin media coverage and its impact. Mainstream outlets from across the world reported the sentencing of rogue Drug Enforcement Agent Carl Mark Force to 78 months in prison this week, and in so doing brought bitcoin's association with illicit activity and the darknet back to the fore. More positive coverage came in the form of the European Court of Justice's bitcoin VAT exemption, with some outlets exploring its effect on the digital currency's rising price. Elsewhere, the creation of a discussion forum by a group of digital currency....
Bitcoin in the Headlines is a weekly analysis of media coverage and its impact. Berklee, Deloitte, Standard Chartered, Vladimir Putin - the mainstream media was spoilt for choice this week as big names from mainstream business circles and global newsmakers contributed their opinion of the technology. Too bad the press didn't notice. With the bitcoin price down from last week's highs and speculation about a Greek eurozone exit finally waning, mainstream journalists seemed to have taken a much-needed respite from awkward attempts at analyzing the industry this week. Even with comments from....