844-248-8378
Bitvestinc.com

October 7, 2015- In This Issue:

 

  

Winklevoss Twins Win Approval to Open Bitcoin Exchange
After a long buildup, Cameron and Tyler Winklevoss have won approval to open their Bitcoin exchange, Gemini, later this week.
The twins, famous from their legal battles with Facebook's co-founder Mark Zuckerberg, announced on Monday that they had received approval for their exchange from the New York State Department of Financial Services, the state's top financial regulator.
The agency, which has taken the lead in regulating the new virtual currency industry, had already approved another company, ItBit, to operate under a similar regulatory framework as a banklike trust company.
Read More...
Bitcoin exchange Cubits launches instant no-fees crypto donation service for refugees arriving in Germany
German bitcoin exchange and wallet provider Cubits is offering a charitable donation service in Bitcoin, to help deal with the current refugee crisis in Europe - minus credit card transaction fees.

Cubits has done tie-ups with four refugee charities in Germany: Aktion Deutschland Hilft, Islamic Relief Deutschland, Pro Asyl and Care. The new service will provide online donations in bitcoin to help people from Syria, Iraq, Albania, Serbia and many other countries get to Central and Western Europe.

Each charity will have their own bitcoin wallet so that donors can send them donations directly. The money is transparently collected by Cubits and converted to the fiat currency of each charities' choice.

BitPay Creates Bitcoin POS Solution for Ingenico Devices
BitPay has partnered with payments giant Ingenico to allow brick and mortar stores to accept bitcoin via its point-of-sale (POS) terminals.
The payment solution, unveiled today as part of Blockchain Week, was developed by BitPay and installed on an Ingenico Terminal ICT250.
According to the company, it will be compatible with the majority of Ingenico terminals as they run its operating system, Telium.
Speaking about the integration, Miguel Angel Hernandez, managing director of Ingenico Iberia, said in a statement:
"Participating in such an important project has allowed Ingenico Group to demonstrate its leadership in the payment space and bring a safe and secure payment method like virtual currency to the end user."
ADVERTISEMEN
Bitcoin Price Hits Highest Level Since August
The price of bitcoin on the CoinDesk USD Bitcoin Price Index (BPI) rose to $247.57 today, its highest total since 18th August.

The day's price movement began at roughly 12:20 UTC, but accelerated at 14:00 UTC when the price jumped from $243.01 to $246.15 over a 15-minute span.

The daily high was reached at 15:30 before prices began to edge downward. The price at press time, according to the BPI, is $245.96.

In total, the price move to $247.15 represented a 2.9% increase from $240.56 at the day's opening, and marked the highest total observed on the CoinDesk USD BPI since 18th August, when bitcoin traded at a high of $257.12.

The increases, while tame for the notoriously volatile bitcoin markets, prompted some speculation that the asset may soon test higher levels of support. To date, bitcoin has traded in the $230 range through most of 2015.