Bitcoin Roundup April 15, 2016


Bitcoin Price Analysis: Critical Moment For Trend – CCN: Financial Bitcoin & Cryptocurrency News

Bitcoin price touched long-term resistance in the Bitstamp chart, today. Although the picture looks different across different exchange charts it is clear an important moment for the longer-term outlook has arrived.


Ether Prices Plunge 50% as Bitcoin Stays in Holding Pattern – CoinDesk

Bitcoin prices fluctuated largely within a tight range between $415 and $425 during the seven days ending 15th April, while the value of ether, the native token on the Ethereum blockchain, declined sharply after weeks of advances.

Bitcoin’s lack of volatility largely mirrored the last several weeks, when the digital currency was stable across international markets.

This stability again took place amid modest volume, as market participants traded just over 11m BTC during the seven days through 9:45 EST on 15th April, according to figures from Bitcoinity.

Transaction volume was similar during the week through 8th April, far below the robust trading activity that had existed in preceding weeks. 


Vultr Disables Bitcoin Payments For New Customers – The Merkle

Vultr is one of the more prominent cloud hosting companies accepting Bitcoin payments. Or that used to be the case, anyway, as it turns out there have been a lot of ToS violations by Bitcoin users, prompting the company to halt digital currency payments for the time being. 


Bitcoin community disputes the use of ‘Internet of Money’ – Yahoo Finance

Some people in the bitcoin world—the believers still waving the flag for the leading digital currency, which is currently trading at $427—will tell you that the phrase “The Internet of Money” is widely understood as a reference to bitcoin and its underlying technology, the blockchain. But Uphold, a “cloud bank” startup that launched in 2014, will tell you it is their corporate slogan. It applied to register the phrase as its trademark for financial services back in September 2015 with the US Patent & Trademark Office, and is far along in the process. 


Coincheck collects bitcoin donations for Kumamoto earthquake victims » Brave New Coin

Some people in the bitcoin world—the believers still waving the flag for the leading digital currency, which is currently trading at $427—will tell you that the phrase “The Internet of Money” is widely understood as a reference to bitcoin and its underlying technology, the blockchain. But Uphold, a “cloud bank” startup that launched in 2014, will tell you it is their corporate slogan. It applied to register the phrase as its trademark for financial services back in September 2015 with the US Patent & Trademark Office, and is far along in the process. 


Seniors-Scamming Conman Dealing in Bitcoin Sentenced to Prison – CCN: Financial Bitcoin & Cryptocurrency News

A man who admitted collecting more than $800,000 from seniors he tricked into sending virtual money orders to help distressed relatives has been sentenced to four and a half years in prison, according to the Florida Sun Sentinel. The man converted the virtual money orders from some of his victims into bitcoin. 


Plutus & PlutusDEX – Complete End-To-End Decentralized Bitcoin Payments – NEWSBTC

Bitcoin and blockchain technology has changed the face of online end electronic payment systems. The use of blockchain technology, combined with crypto-tokens is not an alternative payment option anymore. It is getting to a point where it will soon be part of the mainstream, alongside fiat currencies. Thanks to platforms like Plutus that are making it possible. 


Bitcoin Core 0.12.1 Released, Major Step Forward for Scalability | Bitcoin Magazine

Bitcoin Core 0.12.1 was released early this morning and the update includes several changes that have huge implications for Bitcoin scalability. The release deploys the first soft fork on the Bitcoin network to use the methodology outlined in BIP 9 (Version Bits), which allows multiple soft forks to take place at the same time. 


Viet Film Fest Included Bitcoin Heist After-party – The Merkle

It looks as if the Bitcoin Heist movie will be making its way to the Western world after all. A recent trailer has surfaced regarding the upcoming Viet Film Fest 2016 in California, and the Bitcoin Heist movie will be the opener for this event. 


The Blockchain ‘Industry’ Stripped the Innovation of THE Innovation – CCN: Financial Bitcoin & Cryptocurrency News

There is much discussion today about multinational firms entering into the blockchain space. They, in fact, with their deep pocketbooks, created an entirely new Industry: the blockchain industry. At industry events, many topics are explored, most notably centered on the ways in which forms of blockchain technology could make more efficient the business and government processes of today, from bank transfers to verification to data storage. 


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