Market Outlook

China Central Television (CCTV) has broadcast an overwhelmingly negative documentary on bitcoin, outraging viewers and even the program's participants.

Private jet booking service PrivateFly.com is now accepting payment in bitcoin.

The price of bitcoin has reached $1,000 again following Overstock's news of strong sales in bitcoin.

Verotel and BitPay are about to give 50,000 online vendors the chance to accept bitcoin.

There are roughly 2.2 million Filipino expats worldwide, and last year they sent over $13.9bn back home.

Mercado Bitcoin's ATM will make its debut in São Paulo, Brazil later this month.

Newegg has tweeted another hint it will start accepting bitcoin soon, in a potentially significant move for the currency.

A Treasury-appointed official has warned the IRS to issue tax guidance on bitcoin or risk confusing businesses.

Ecommerce giant Overstock has started taking bitcoins on its site, months ahead of schedule.

The world's first insured bitcoin storage service has launched in the UK, with Lloyd's of London as its underwriter.

The Inland Revenue Authority of Singapore (IRAS) has issued clear guidelines on how it will tax various bitcoin businesses.

The companies are releasing a software development kit that will allow users to send and receive bitcoin on Android.