PYMNTS.com Bitcoin Price and Volatility index.
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Bitcoin Tracker | Week 39
School’s back in session and bitcoin is on the syllabus for students at MIT, NYU Law and Switzerland’s University of Zurich. Students can even pay for notebooks and pencils at MIT’s Coop with bitcoin and the University of Zurich is combining the technology of NFC and bitcoin so that students can buy their burgers in the student cafeteria using bitcoin.
Speaking of buying stuff with bitcoin, rumor has it that the naughty celebrity pics that were hacked off of Apple’s iCloud were purchased using bitcoin. Another bitcoin use case!.
Ironically, bitcoin prices slid under $500 to $486.93, according to the PYMNTS.com Bitcoin Price index. Yet The Bitcoin Sentiment Index is about the same as it was last week, in the mid 90s. For this week at least, the general public thinks that cryptocurrency prospects are increasing, even though its prices are declining.
And, finally, guilty is what Charlie Shrem will plead to the charges made against him of “unlicensed money transmission”. Orange is, as we all know, the new black.
As always, if you have any news you’d like to share, please send it our way at contactus@pymnts.com.
On the Plus Side …
The bitcoin innovation machine was in full swing last week as merchants and merchant processors all rallied ‘round bitcoin! Alternet Payment solutions launched a worldwide bitcoin processing platform. CheapAir, a discount airline, has seen over $1.5 million in ticket sales via bitcoin, has expanded and will accept litecoin and dogecoin as well. A new bitcoin compliant ATM machine hit the market and 150 UK-based bitcoin investors and innovators signed a manifesto lobbying for bitcoin-friendly legislation.
On the Dark Side …
What we lack in quantity this week, we sure made up in quality. The Apple iCloud celebrity nude photo hacker scandal involved the leaker of the photos used bitcoins to buy them. Let’s see what the FBI has to say about that. And, Charlie Shrem will plead to the charges made against him of “unlicensed money transmission”.