January 21, 2014, 10:33 AM
The University of Cumbria in the UK will become the first public tertiary education institution to accept tuition in bitcoins. From this summer, students will be able to spend their bitcoins on two courses on complementary currencies.
Yesterday, Bitcoin edged 0.1% up on the heaviest volume since Jan. 11. But in spite of the surge in volume, the move itself didn’t have significant power and today the volume has been shaping up lower than yesterday. Does this make us bearish in any way? This alert answers this question.
January 20, 2014, 10:57 AM
Her Majesty’s Revenue and Customs (HMRC, a UK agency responsible for collecting taxes) is set to review its guidelines on Bitcoin. This follows last week’s news that Bitcoin would be sold on eBay UK, beginning Feb. 10.
Overall, during the weekend Bitcoin appreciated 6.8% and 13,215.57 bitcoins were traded. Most of the move up took place yesterday, and today Bitcoin is already up 1.0% on substantial volume. Are these downright bullish indications? Read this alert to get to know our opinion.
January 17, 2014, 10:25 AM
The Canadian government has expressed its views on Bitcoin - it doesn't consider it legal tender in the country. On the other hand, the spokesman for the Bank of Canada expressed a possibility of Bitcoin developing as an alternative to payment processors.
Bitcoin went down 2.9% yesterday on low volume. Overall, this was just another day of relative stillness. Today, the volume has already almost reached yesterday’s level and the action has been to the downside. Is any kind of bigger move starting to take off just now? Read through our alert to get to know our view on that.
January 16, 2014, 9:36 AM
The Chinese central bank had addresses Bitcoin during a press conference, saying it didn't want to "suppress or discriminate against Bitcoin" but it thought Bitcoin was "not a currency." This might be seen as a softening of the authorities’ stance on Bitcoin in China but actual rules remain to be announced.
Yesterday, bitcoin moved 2.3% upon Mt. Gox on low volume. Today, the currency has been trading relatively flat so far, 1.3% down from yesterday’s close on tiny volume. Can the slide in volume we've seen recently have any implications for the market? Read through our essay to find out.
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