Bitcoin News Apr 1, 2014

Mark Zuckerberg has been on a roll lately. On the heels of last week’s $2 billion Oculus purchase, Facebook’s founder announced today a behind-the-scenes partnership with Google. What has been the big secret?gobankingrates.com


... whole move suggested there was a lot of tension in the market. A strong move in either direction seemed possible. Because of the possibility of a move up, we didn’t support going short. Today the move has been 6.The Market Oracle


POMPANO BEACH, Fla., April 1, 2014 /PRNewswire/ -- Solpower Corporation (OTCPink: SOCR) today announced that as part of the Bitcoin Collect Platform, there will be pre-loaded cards sold nationwide called the Bitcoin Collect Bitcard allowing ...The Business Journal


Square recently announced that merchants selling goods and services on its online marketplace, Square Market, can now accept bitcoin for payment, the mobile provider said via its engineering blog. "For sellers, the …Retail Customer Experience


China has ordered commercial banks and payment companies to close Bitcoin trading accounts in two weeks, according to Wall Street Journal sources. Rumors and reports about the move started last week and …ForexLive (blog) · ByAdam Button 




Alleged Silk Road owner says he can't be guilty of money laundering if bitcoin isn't money
Ross Ulbricht, who stands accused of running the Silk Road black market under the name "Dread Pirate Roberts," says that new federal bitcoin laws make the charges against him invalid. In a filing over the weekend …The Verge · ByAdi Robertson


The IRS recently ruled that Bitcoin is property, not a "monetary instrument." And now the attorney for alleged Silk Road founder Ross Ulbricht is arguing that his client must be innocent of money laundering because …The Business Insider


A list of customers' names that was leaked online on Tuesday were that of online bitcoin wallet site Coinbase, but the company denied it had suffered a data breach. In a statement on its website, Coinbase director of …ZDNet · ByZack Whittaker

China Cracks Down on Bitcoin

Wall Street Journal-
Bitcoin prices are down roughly 8% since it was reported that China's central bank ordered the country's commercial banks and payment ...



 

Square Market Partners With Coinbase To Accept Bitcoin

Techno FYI-TechCrunch-by Darrell Etherington-
In the sci-fi show Almost Human, everyone has a bitcoin wallet. More and more places to spend bitcoin means that could become a reality, and ...



 

For Bitcoin, Lessons In The History Of Failed Currencies

Forbes-
A comparable question of positioning is the biggest challenge facing Bitcoin and other digital currencies, says Edmund Moy former director of ...



 

This could be the end of the Bitcoin era

Yahoo Finance (blog)-
The US Internal Revenue Service says that Bitcoin is property, not currency. That means profits in Bitcoin get taxed at the lower capital gains ...








Understanding the value of Bitcoin means finding the right balance
As Bitcoin stabilizes below US$500 for the first time since its eye-popping run to over US$1 000 in November 2013, many crypto pundits are scratching their heads and trying to make sense of the current weakness – …Small Business Yahoo 


Last week Bitcoin was classified as a property by the IRS for tax regulations and today San Francisco-based mobile point-of-sale system provider Square has announced that merchants will be able to sell goods and …Examiner 




Bitcoin Slips In The Wake Of The IRS’s Tax Decision
Earlier this week, the IRS decided that Bitcoin is property, not currency, setting in place a regulatory structure that could see users of the cryptocurrency forced to keep price score in a rapidly shifting market. Bitcoin had a …TechCrunch 




Bitcoin 2.0 Shows Technology Evolving Beyond Use as Money
Gox have cast doubt on the viability of Bitcoin as credible replacement for fiat currencies. The price of Bitcoin ... an alternative to cloud-computing providers such as Amazon Web Services. David Irvine, MaidSafe’s founder …Bloomberg · ByOlga Kharif 

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