21 Feb '14, 6pm

This week in Bitcoin: the fall of Mt. Gox, the Winkdex, and the rise of the ATMs (charts)

This week in Bitcoin: the fall of Mt. Gox, the Winkdex, and the rise of the ATMs (charts)

Welcome to Gigaom’s new weekly Bitcoin roundup. These events show why we need a better way to keep an eye on the fast-moving world of Bitcoin. Each Friday we’ll post a series of charts and new summaries to make Bitcoin a little more understandable for those inside and outside the cryptocurrency world. This week in Bitcoin The Bitcoin market this week fluctuated from a low of around $552 to a high around $668. It was a little stronger earlier in the week, before falling to $556 at publishing time. For background on why we’re using Coindesk’s Bitcoin Price Index, see note at bottom of the post. But when put on a different axis, the price of bitcoins suddenly looks a lot more stable. The real story is with Mt. Gox, highlighted in yellow below, as customers struggle to withdraw cash and bitcoins from the troubled exchange. In other news we covered this week: The Winklevoss Twi...

Full article: http://gigaom.com/2014/02/21/this-week-in-bitcoin-the-fal...

Tweets

Bitcoin Exchange Mt. Gox Is Finished

Bitcoin Exchange Mt. Gox Is Finished

zerohedge.com 20 Feb '14, 4pm

Bitcoin is no longer in Phase 1 of its evolutionary cycle. I believe Phase 2 for Bitcoin began in earnest back in November...

Mt. Gox bitcoin price falls below $100: Bitcoin...

pcworld.com 21 Feb '14, 5am

Bitcoin fell below $100 on major exchange Mt. Gox early Friday, dropping under a key psychological threshold. Traders push...

Mt. Gox bitcoin price falls below $100

pcworld.com 21 Feb '14, 5am

Bitcoin fell below $100 on major exchange Mt. Gox early Friday, dropping under a key psychological threshold. Traders push...

Apparent Theft at Mt. Gox Shakes Bitcoin World:...

myaccount.nytimes.com 25 Feb '14, 5am

Log in to manage your products and services from The New York Times and the International New York Times. Don't have an ac...

Mt. Gox Bitcoin Price Falls Below $100, its Low...

thedomains.com 21 Feb '14, 7am

The price of bitcoin on Mt. Gox dropped below $100, hitting a low of $91.50 on 20th February. Data from Bitcoincharts indi...

Japanese Police Shut Down Protest at Mt. Gox #bitcoin

Japanese Police Shut Down Protest at Mt. Gox #b...

coindesk.com 22 Feb '14, 9am

The small group of protestors outside Mt. Gox in Tokyo were moved on late yesterday by Japanese police, and warned not to ...

Bitcoin Price Hits $135 on Mt. Gox Following Office Move and Verification Demand

Bitcoin Price Hits $135 on Mt. Gox Following Of...

coindesk.com 20 Feb '14, 12pm

Updates and rumors related to Mt. Gox this week include: a possible company relocation, a requirement for users to hold ve...

Winklevoss twins launch the bitcoin 'Winkdex'

money.cnn.com 20 Feb '14, 3pm

Say hello to the Winkdex, yet another Bitcoin price tracker -- this time brought to you by the Winklevoss twins. It is the...

Winklevoss twins launch the bitcoin 'Winkdex'

money.cnn.com 20 Feb '14, 3pm

Say hello to the Winkdex, yet another Bitcoin price tracker -- this time brought to you by the Winklevoss twins. It is the...

Winklevoss Twins Launch Winkdex Bitcoin Index

entrepreneur.com 20 Feb '14, 4pm

"Math-Based Asset Index, LLC (“Index Provider”) [the twins' firm — ed. ] developed, calculates and publishes Winkdex on a ...

Mt. Gox resigns from Bitcoin Foundation: WSJ #News

Mt. Gox resigns from Bitcoin Foundation: WSJ #News

businessinsider.com 24 Feb '14, 4am

Thomson Reuters Mock Bitcoins are displayed on a table in an illustration picture taken in Berlin (Reuters) - Mark Karpele...

'Mt. Gox, where is our money?'

'Mt. Gox, where is our money?'

theverge.com 19 Feb '14, 4pm

Bitcoin trader Kolin Burges started the protest last week, flying from London to seek answers about Mt. Gox's ongoing mora...

Mt. Gox quits Bitcoin Foundation board: Major B...

pcworld.com 24 Feb '14, 7am

Major Bitcoin exchange Mt. Gox has quit the Bitcoin Foundation’s board of directors, the foundation said. The move is effe...

Winklevoss Twins Launch Bitcoin 'Winkdex' - KMBZ

Winklevoss Twins Launch Bitcoin 'Winkdex' - KMBZ

kmbz.com 20 Feb '14, 9pm

Posted: Thursday, 20 February 2014 4:04PM Winklevoss Twins Launch Bitcoin 'Winkdex' Justin Sullivan/Getty Images (LOS ANGE...

Mt. Gox Resigns From Bitcoin Foundation

online.wsj.com 24 Feb '14, 3am

Mark Karpeles, chief executive officer of Mt. Gox, the embattled Toyko-based bitcoin exchange, resigned on Sunday from the...