Market Outlook

A patent application from IBM for an “E-Currency Validation and Authorization Services Platform” has emerged.

The Financial Crimes Enforcement Network has warned bitcoin-related businesses that they must comply with federal money transmission laws.

BitGo's bitcoin wallet offers multi-signature transactions, designed to protect bitcoins from being stolen, and private keys from being lost.

Bitcoin wallet service Coinbase has clocked up 650,000 users since its launch – averaging 10,000 new users everyday.

Idea.me, a regional crowdfunding platform in South America has announced that it will accept bitcoin.

The price of bitcoin sank further today, after news emerged that BTC China had blocked deposits made in RMB.

Coincove customers can now take their fiat currency to a local bitcoin dealer and send it overseas.

Russian search engine Yandex has added a tool that enables users to track the price of bitcoin.

Bitcoin's price has dragged Litecoin down with it, following news of China's alleged crackdown on third-party payment processors.

A record store in Helsinki has installed Europe’s first permanent bitcoin ATM.

The Australian Bitcoin Association is officially accepting members, having completed the process of becoming a fully-fledged legal entity.

The bitcoin price dropped $200 after confirmation of China's block on business between third-party payment companies and bitcoin exchanges.