Market Outlook

ChangeTip is reporting a surge in bitcoin tips completed via its service, with 10,000 transactions completed in one day last week.

Coinbase has announced a new micropayments tool it hopes will encourage bitcoin tipping to online content providers.

Speaking to CoinDesk, Blockstream's Austin Hill and Adam Back discuss how they will mobilize their recent $21m in funding.

CFTC commissioner Mark Wetjen has said the agency is authorised to take enforcement actions against price manipulation in bitcoin markets.

Industry representatives discussed all manner of bitcoin issues at Bloomberg's bitcoin conference yesterday, but regulation was the hot topic.

Cryptocurrency mining hardware designer KnCMiner is planning to deploy its next generation ASICs in early 2015.

Spanish bank Bankinter has made an investment in Coinffeine, a bitcoin startup working to develop a new distributed exchange platform.

Former Citigroup chief executive Vikram Pandit has come out in favour of digital currencies, stating they have potential to change the world.

LinkedIn co-founder Reid Hoffman, Kholsa Ventures and Real Ventures led a new $21 million seed round for crypto startup Blockstream.

Coinbase is rumoured to be in the midst of another funding round, attempting to raise up to $60m with a company valuation of $400m.

Koinify and Melotic are partnering to curate a marketplace of decentralized applications they hope can disrupt traditional VC funding.

A sheriff's office in Tennessee paid a $500 bitcoin ransom this week to secure thousands of sensitive files.