Another week has passed and it is time to draw a line to look back on the most
interesting and determining events of these past five days. The finish of
January 2014 worked off the silence established at the beginning of the month.
Many recent headlines are going to be engraved in the history Bitcoin and
Coin Telegraph browses the articles to sum up the most important news from 27th
to 31st of January.
Number 5 – Bitcoin Inflames Wall Street
financial experts and scientists argue on the future of cryptocoins and, of
course, Bitcoin, traders from Wall Street and other global exchangers consider
the virtual currency as an interesting option of investment. At present time
collected experience and information on the matter allows many people to switch
from traditional assets, precious metals and world leading fiat currencies, to
conditional values that cannot be touched, but capable to provide millions.
More on the topic, stories of success and oblivion can be found in the article
from the 29th of January
Number 4 – Bitcoin Price to Hit 10 000 Dollar Mark
assumption is not a joke - Bruce Fenton, John Steinberg, Roger Ver and some
other well-known specialists believe the price is going to be at least 5000
dollars, which will definitely create new millionaires clairvoyant enough to
make investments now. To prove the estimations analytics went down and dug deep
to determine the causal link between the current global events in economy.
Their results, conclusions and simply interesting opinions are featured in the
article from the 30th of January
Number 3 – Bitcoin Considered as Money by Washington
it or not – Bitcoin with his counterparts have been introduced to the
definition of money by the Department of Financial Institutions (DFI) of
Washington. The excessive press release shows the alterations in the local
regulations, defines the terms of money and cryptocurrencies, and gives advice
to companies how to treat virtual coins. From the 28th of January
companies to start or continue businesses with Bitcoin have to obtain permission:
“a license is required before the company can engage in the activity.” Read
more on the topic in the corresponding article
Number 2 – Countries on Strike
Top leader – the Loud Echo of Silk Road
BitInstant CEO Charlie Shrem and Robert Faiella (aka
BTCKing) were arrested
on the 28th of January. The office of the US Attorney for the
Southern District of New York, James J. Hunt, announced that both of them are charged
with a scheme “to sell over $1 million in Bitcoins to criminals bent on
trafficking narcotics on the dark web drug site, Silk Road.” The accusations
are enough for a sentence of 25-30 years.
the top news was able to push back all other events and statements of the week.
The Bitcoin community and people not engaged in online finance held their
breath and followed the development of the case. The Coin Telegraph covered the
story in detail and is going to report on it next week. Stay with not to miss