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Bitcoin Tracker: Bitcoin Black Friday

PYMNTS

In this week’s Bitcoin Tracker, bitcoin soars, then settles down and plans for its yearly sale abound. Switzerland gives bitcoin a hand by way of rail ticket machine sales, an Australian startup banks on the aptly named Dash and Zcash fervor fades. But as markets saw their prices fall, bitcoin’s numbers went up.

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Bitcoin Tracker: Blowing Past Milestones

PYMNTS

Bitcoin’s value keeps breaking through ceilings again and again. Wednesday night into Thursday morning, trading saw bitcoin fly by another milestone: $1,500. Wednesday night into Thursday morning, trading saw bitcoin fly by another milestone: $1,500. What looks like a record high one day is left in the dust the next.

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Things worth reading: 13th September 2016

Chris Skinner

Things we’re reading today include … Deutsche Bank boss tells staff to think like a tech firm, if they keep their jobs HSBC retail head sees more bank partnerships with financial tech firms UK regulators seen as fintech friendly Chancellor dismantles key Osborne pledge to cut corporation tax Bitcoin technology offers hacker protection Bank (..)

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Should Obama ‘Heed The Call’ On Bitcoin?

PYMNTS

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Promoting bitcoin. Of course, when the former commissioner, Bart Chilton, says bitcoin, he’s talking blockchain and all digital currencies. So, why digital currencies? Just like the Internet.

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Why Is Qatar Banning Crypto?

PYMNTS

The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. But for now, the idea that bitcoin (and its brethren) will displace central banking and traditional financial services (even in the digital age), may be losing steam as more countries opt for outright bans.

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Adyen Sizzles, Bitcoin Fizzles And Retail Gets Its Groove Back

PYMNTS

Powering the push in spending, according to the Commerce Department reports, are historically low unemployment figures , wages finally starting to show real gains and additional liquid capital among workers due to the tax cuts of late 2017. Bitcoin: Pricing cracks below $6,600, amid news of U.S. We are a long way from $20,000.

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China Making Privacy Allowances As It Plans Digital Currency Launch

PYMNTS

“We know the demand from the general public is to keep anonymity by using paper money and coins … we will give those people who demand it anonymity in their transactions,” Mu Changchun, head of the People’s Bank of China’s digital currency research institute, said at the FinTech Festival in Singapore.

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