News Summary: June 29 – July 6
bitcoin

News Summary: June 29 – July 6

THELOGICALINDIAN - n-a

California repeals law, allows Bitcoin.

0630-bitocin_full_600California legislation passes a bill acceptance the use of agenda currencies such as Bitcoin! Saturday, Jerry Brown active this awe-inspiring bill, appropriation the antecedent ban on cryptocurrrencies in California. This may accept additionally impacted Bitcoin prices, with prices apperceive about $650, and aggregate affairs peaking at $50 actor for 24 hours. The aboriginal law, advertence that annihilation besides the use of US bill is banned was outdated, technically alike authoritative rewards credibility illegal. Photo Source

 

Newegg accepts Bitcoin, through affiliation with Bitpay!

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This has been accepted for a continued time now, with Newegg hinting about this for several months now, according to Twitter. And finally, it’s happened! 10 hours ago (at time of writing) Newegg beatific out a cheep announcement that they would alpha accepting Bitcoin, through Bitpay, apparent here. It’s alone applicable they started accepting Bitcoin afore it’s too late, with competitors like TigerDirect accepting it, as able-bodied as the actuality Newegg categorizes assertive computer genitalia as “Mining Hardware” which should agree to an access in sales in that department. Photo Source.

 

1-800 Flowers to acquire Bitcoin, ally with Coinbase.

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Today Coinbase posted a blog post saying that starting this fall, 1-800 Flowers would alpha accepting Bitcoin as acquittal alike beyond its sister sites, such as FannieMay.com, Cheryl’s.com, ThePopcornFactory.com, 1-800-Baskets.com, FruitBouquets.com, and Stockyards.com. In fact, alike Newegg acknowledged this in the anatomy of a tweet. Domino effect is absolutely blame in now, with what it seems like a new above aggregation accepting Bitcoin circadian now. Once acceptance is out of the way, accepting companies to HOLD it in Bitcoin and not automatically change to authorization will be the abutting hurdle.

 

US Marshall Auction after-effects are in! One applicant took home all 30K BTC.

pw40047USMS (United States Marshall Services) has appear one person, still bearding at this time, outbidding all added bidders for the blocks of Bitcoin, with anniversary block absolute 3000 Bitcoins, except for the aftermost one, which independent 2656 BTC. In fact, you can see the blockchain transaction here. No agnosticism abounding bodies are still afraid to see who holds it now, and maybe alike added serious, how it will affect the bazaar  price. Already the amount has alone down, with the accepted amount at $639.29 as of writing. But I actively agnosticism addition that aloof anchored 30K Bitcoin would go on the bazaar and advertise it. Whoever this actuality is, they should apperceive that the abode that Bitcoin was beatific to is actuality watch like a militarist now.

 

Photo Source :http://johnwillsstudios.com/us_marshals_items.htm