Bitcoin Roundup June 22, 2016

Winklevoss twins are expanding their Gemini bitcoin exchange outside of the US

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is expanding into the U.K, the company said on Tuesday. 

Bitcoin’s Golden Moment – Bloomberg Gadfly

Bitcoin is still mainly a gimmick favored by geeks who want to revolutionize the world and do away with central banks — or by people in China wishing to take money out of the country. 

Around July 10, the Bitcoin Supply Will Grow Half as Quickly | | Observer

The price of bitcoin has been nuts. If you bought bitcoin in April, you’ve earned 60 percent. If you bought bitcoin this weekend, you’ve lost ten percent. As I write this, the price has dipped down back under $700. A few weeks ago, $600 seemed a long way off. 

Why Craig Wright so desperately wanted to be Bitcoin creator Satoshi Nakamoto | Fusion

This weekend, cryptocurrency watchers were bestowed with theLondon Review of Books’ months-long, 35,000-word investigation into Craig Wright, the Australian man who claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. 

Australian ‘bitcoin founder’ Craig Wright filing for hundreds of patents related to blockchain

Craig Wright, the Australian who claimed to be the inventor of bitcoin but failed to prove it, is attempting to build a large patent portfolio around the digital currency and technology underpinning it, according to associates of his and documents. 

Bitfinex Market Freeze Sends Bitcoin Price Crashing – CCN: Financial Bitcoin & Cryptocurrency News

The unexpected suspension of trading sent price crashing last night to $700 from almost $780. Bitcoin’s price continued to fall as low as  $650 today before slightly recovering. 

Bitcoin Rival Ethereum Gains Traction – WSJ

With a rising market value and a roster of high-profile patrons, Ethereum in recent months has become the next hot thing in cryptocurrencies. 

How Bitcoin’s Blockchain Can Deliver Value

Blockchain is already a huge phenomenon. But it has issues. Can blockchain fulfill its promise? Can it have a big impact on financial services, healthcare and perhaps other industries? You betcha! Here’s how. 

The Man Who Claimed to Invent Bitcoin Now Wants a Patent Empire – Fortune

Wright has been keeping a low profile after claiming to be the mysterious “Satoshi Nakamoto”. 

Bitcoin is the new safe-haven asset: Analyst

Bitcoin is becoming as safe a haven as gold, one investment analyst told CNBC. 

Australian ‘bitcoin founder’ quietly bidding for patent empire | Reuters

Craig Wright, the Australian who claimed to be the inventor of bitcoin, is attempting to build a large patent portfolio around the digital currency and technology underpinning it, according to associates of his and documents reviewed by Reuters. 

$19 Million in Bitcoin Hits the Auction Block in Australia – CoinDesk

More than $19m worth of bitcoin is now being sold at auction in a public sale overseen by professional services firm Ernst & Young. 

Cops, red tape and a $25m bitcoin windfall

People generally curse slow government red tape, but in this case it will deliver millions of dollars for taxpayers. 

BitPay Executive Weighs in on the Bitcoin Price Surge – CCN: Financial Bitcoin & Cryptocurrency News

Bitcoin price has been in the spotlight of the financial media lately with its soaring value and is understandably getting plenty of attention. In a televised interview on Bloomberg, an executive at BitPay – the largest payment processor in the industry, outlines his reasons for the price swell. 

Network Congestion Will Not Diminish Dark Markets Bitcoin Usage

Paying a higher price can be annoying, but it is still worth it to the majority of deep web users. Plus, Bitcoin developers are working on adding privacy and anonymity to the protocol, which will benefit users of dark markets even more. 


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