{"id":27061,"date":"2014-10-27T13:47:25","date_gmt":"2014-10-27T17:47:25","guid":{"rendered":"http:\/\/www.opensource.im\/?p=27061"},"modified":"2014-10-27T13:47:25","modified_gmt":"2014-10-27T17:47:25","slug":"cryptocurrency-round-up-bitcoins-china-resurgence-and-independent-reserve-launches-exchange","status":"publish","type":"post","link":"https:\/\/euvolution.com\/open-source-convergence\/cryptocurrency\/cryptocurrency-round-up-bitcoins-china-resurgence-and-independent-reserve-launches-exchange.php","title":{"rendered":"Cryptocurrency Round-Up: Bitcoin’s China Resurgence and Independent Reserve Launches Exchange"},"content":{"rendered":"

Bitcoin is experiencing a quiet comeback in China following months of unfavourable regulation(IBTimes UK) <\/p>\n

The price of bitcoin has slid once again over the weekend, falling back down below $350 (217) for the first time since its crash earlier this month. <\/p>\n

Other major cryptocurrencies, including dogecoin, peercoin, namecoin and darkcoin, also saw their prices fall by a similar 1% to 3% margin since Friday 24 October. <\/p>\n

Cannabisdarkcoin was the biggest mover across all markets. The cryptocurrency, which launched earlier this month, saw its value surge by 180% in the last 24 hours. <\/p>\n

Australia-based cryptocurrency company Independent Reserve has launched a bitcoin exchange in Sydney, claiming it is faster than other exchanges. <\/p>\n

\"As an Australian you'll be able to open an account and be verified in minutes,\" said Adrian Przelozny, chief technology officer of Independent Reserve. <\/p>\n

Przelozny believes bitcoin is not far away from breaking fully into the mainstream, with around 76,000 merchants accepting the cryptocurrency around the world. <\/p>\n

He said: \"eBay is about to start accepting Bitcoin, you can buy a holiday on Expedia using Bitcoin, and you can buy a computer from Dell using Bitcoin.\" <\/p>\n

Following months of unfavourable bitcoin regulation in China, the cryptocurrency is making a quiet comeback in the country, according to China's 21st Century Business Herald. <\/p>\n

The ban on trading bitcoin introduced by China's central bank was seen as one of the main factors in bitcoin's price crashing earlier this year. <\/p>\n

<\/p>\n

Originally posted here:
\nCryptocurrency Round-Up: Bitcoin's China Resurgence and Independent Reserve Launches Exchange<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is experiencing a quiet comeback in China following months of unfavourable regulation(IBTimes UK) The price of bitcoin has slid once again over the weekend, falling back down below $350 (217) for the first time since its crash earlier this month. Other major cryptocurrencies, including dogecoin, peercoin, namecoin and darkcoin, also saw their prices fall by a similar 1% to 3% margin since Friday 24 October. Cannabisdarkcoin was the biggest mover across all markets<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[869],"tags":[],"class_list":["post-27061","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/27061"}],"collection":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/comments?post=27061"}],"version-history":[{"count":0,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/posts\/27061\/revisions"}],"wp:attachment":[{"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/media?parent=27061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/categories?post=27061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/euvolution.com\/open-source-convergence\/wp-json\/wp\/v2\/tags?post=27061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}