Bitcoin Roundup May 27, 2016


Lost your shirt in the MtGox Bitcoin mess? Release the Kraken! • The Register

The operators of the Kraken alt-coin exchange will distribute $91m in Bitcoins to people left out of pocket by the 2014 MtGox collapse. 


Burned By Bitcoin Scandal, Japan Is Introducing Controls – Fortune

Japanese lawmakers have passed legislation requiring virtual currency exchanges to be regulated by the Japanese financial services authority. 


Bitcoin Price Watch; Deconstructing Today’s Action – NEWSBTC

Its that time again – that’s right, time for the second of our twice daily bitcoin price watch articles, and for us to take a look at how action during the European session today is going to influence our strategy for this evening’s session out of the US. 


One of the biggest bitcoin startups just took ‘bitcoin’ out of its Twitter bio – Recode

For the last four years, a heavily funded startup called Coinbase has been all about the digital currency bitcoin. And its Twitter bio said it all: “The easiest way to buy bitcoin.” 


This Bitcoin Price Prediction Sees a 2016 Rise to $1,000

A Bitcoin price prediction of $1,000 by the end of 2016 might seem over the top — except that the person making it is two-for-two in his previous predictions. 


Can Bitcoin Uber The Fed? Gilder Says Gold Standard Is Coming Whether Central Banks Want It Or Not – Forbes

George Gilder’s new book, The Scandal of Money, is the most hopeful thing I’ve read about monetary policy in a long time. Most of what is written about money is just awful — worse than nothing: anti-knowledge. 


Spanish police seize bitcoin mining centers, arrest 30 for money laundering | ZDNet

Spanish police seized six bitcoin mining centers and arrested 30 people accused of using bitcoin mining in a money laundering scheme, Reuters reports


Bitcoin: The Gift that Keeps on Giving – NASDAQ.com

As increasing numbers of companies, both old and new, take the blockchain concept behind Bitcoin and adapt it to other uses, it’s easy to lose sight of something pretty basic: Bitcoin was not created as just an operating system, but as an actual currency that could be used to execute transactions. 


A Brief History of Bitcoin and Bitcoin Mining – NEWSBTC

Bitcoin has taken the world by storm. Designed to be an instrument for peer-to-peer fund transfer, bitcoin gains its popularity due to its decentralized and open source nature.  


Japan will regulate bitcoin and other virtual currencies

Japanese lawmakers voted on Wednesday to regulate all virtual currencies, meaning that bitcoin other digital money will now fall under the purview of the country’s Financial Services Agency.  

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