http://blogs.wsj.com/moneybeat/2014/09/11/heres-what-the-bank-of-england-thinks-of-bitcoin/

The bank estimates some 20,000 people (of a nation of 60 million at the moment) in the U.K. hold bitcoins. And daily transactions number about 300 or so.

As a proportion of the U.K. economy that’s obviously tiny: In all the £60 million of bitcoins circulating in the U.K. represent a tiny 0.003% of British broad money balances. All of which means that bitcoin currently represents no financial stability risk to Britain.

http://www.wired.com/2014/09/overstock-com-becomes-first-major-retailer-accept-bitcoin-worldwide/

Early this morning, the Salt Lake City-based company started accepting bitcoin payments in all foreign countries. Anyone anywhere can now use the digital currency to purchase anything offered by Overstock, from phone accessories to lawn furniture—though there are certain countries where the company doesn’t ship purchases. “As long as you can get on the internet, you can order and pay in bitcoin,” says Overstock founder and CEO Patrick Byrne. “You can order in North Korea if you want—as long as you’re having things delivered to, say, Singapore.”

http://www.theguardian.com/technology/2014/sep/11/paypal-bitcoin-braintree-overstock-reddit

The integration of bitcoin means companies that already use Braintree to run their payments will be able to accept bitcoin in the coming months without changing their configuration, a move that could boost adoption of the cryptocurrency.

Braintree already handles transactions by companies including Uber, AirBnB and Dropbox.

http://www.cnbc.com/id/101988826

With Apple Pay, the tech juggernaut has begun its assault on antiquated payment networks. The launch could not have come at a better time, as consumers have been inundated with security breaches and are likely ready to make a change.

http://www.pcworld.com/article/2606012/coinbase-expands-bitcoin-services-in-europe.html

coinbase operates three Bitcoin services—an exchange for buying and selling bitcoins, a digital wallet for storing them, and a payment processing service that makes it easier for merchants to accept them. People almost anywhere in the world could use the wallet, but the exchange and payment services were limited to the U.S.

http://www.extremetech.com/computing/179421-analyzing-bitcoin-why-btc-is-so-valuable-whether-it-will-keep-its-value-in-the-future?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ziffdavis%2Fextremetech+%28Extremetech%29

Before we dive into the data, we need to discuss a bit of statistics. One of the techniques for comparing the relationship between two variables is called regression analysis. In theory, the relationship between any two trends can be measured, and there are entire websites dedicated to pointing out odd correlations, like this one illustrating the meteoric growth in Facebook use against Greece’s skyrocketing debt problem.

http://www.coindesk.com/bitcoin-apple-mobile-payments/

Apple has unveiled Apple Pay, a new mobile payments tool that could significantly impact the way consumers transact both in-person and digitally.

The new service was outlined as part of a broader demonstration of the iPhone 6 and iPhone 6 Plus, both of which were introduced at Apple’s event in Cupertino, California, on 9th September.

http://www.forbes.com/sites/ryanmac/2014/09/08/ebay-announces-first-foray-into-bitcoin-with-braintree-unit/

On Monday, eBay announced that Braintree, the company’s payment processor subsidiary, would begin accepting the virtual currency in the “coming months.” According to Braintree CEO Bill Ready, who was speaking at San Francisco’s TechCrunch Disrupt conference, the company has partnered with Bitcoin exchange Coinbase in a move to “embrace” the relatively new form of payment.

http://blogs.wsj.com/moneybeat/2014/09/09/bitbeat-nakamoto-vs-the-hacker-apples-bitcoin-killer/

The hacker said that if he received 25 bitcoins, he would release the bitcoin creator’s true identity. To prove that he actually had this information, he released screenshots that appear to be of a GMX email account’s inbox, “a little teaser” he called it. The inbox includes emails within the last 24 hours from two journalists, Adrian Chen and Wired’s Robert McMillan – who wrote a story on the hack – as well as emails from two bitcoin developers, Gregory Maxwell and Luke Dashjr.

http://techcrunch.com/2014/09/08/gem-is-a-bitcoin-api-to-seamlessly-build-bitcoin-services-with-bank-grade-security/

Meet Gem, a new bitcoin startup with a different take and a focus on developer tools. Gem provides a highly available, scalable API for bitcoin developers to abstract the bitcoin storing layer. In other words, Gem will store, encrypt and backup your users’ bitcoins so you don’t have to take care of this cumbersome aspect. The startup is launching today in private beta at TechCrunch Disrupt and is competing in the Battlefield competition.

http://www.coindesk.com/record-attendence-india-seminar-reveals-keen-interest-bitcoin/

Bitcoin in India is showing plenty of promise at the grassroots level, as demonstrated by 250 undergraduate students who attended a seminar at the HR College of Commerce and Economics in Mumbai last Thursday.

Those present already demonstrated a basic knowledge of bitcoin and some of its technical aspects such as block chain transparency and mining, according to Vishal Gupta of the Bitcoin Alliance of India, who headed the presentation.

http://www.bloomberg.com/news/2014-09-08/ebay-s-paypal-unit-to-start-accepting-bitcoin-payments.html

EBay, as the world’s biggest Web marketplace and operator of a global payments service, is the most significant business to date that’s embraced bitcoin. The move could potentially enable PayPal’s 152 million registered accounts to transact using the virtual currency, spurring wider use and acceptance of bitcoin, according to Gil Luria, an analyst at Wedbush Securities Inc.

http://www.coindesk.com/companies-paying-employees-bitcoin/

Canadian firm Wagepoint has been helping companies do this north of the border, and has just inked a deal with Buttercoin in the US to help it there, too.

Wagepoint, a startup based in Waterloo and Nova Scotia, Canada, offers Canadian and US companies an easy way to process payroll online.

The firm handles payroll deductions for tax purposes and files all the necessary paperwork electronically. It has processed $120m in payroll payments using traditional fiat currency, but now, a growing percentage of customers are taking advantage of its bitcoin payment services, says CEO Shrad Rao.

http://www.coindesk.com/time-bitcoin-companies-give-back/

While they work on that, we’re seeing unprecedented levels of innovation from businesses that are basing services on the bitcoin protocol. We’re seeing everything from basic payroll and bill payment services, through to coloured coins, crowdsale platforms, and even services designed to let you sign documents directly on the block chain.

http://online.wsj.com/articles/with-a-bitcoin-etf-risk-isn-t-virtual-1410120108

Some wealthy investors are already buying into a trust that tracks the average dollar price of the virtual currency. And the firm behind that trust is racing one other to bring bitcoins to the masses in the form of a publicly traded fund.

Bitcoins were worth about $10 each less than two years ago, then more than $1,100 a few months later, and now trade around $475.

http://www.cryptocoinsnews.com/uk-chancellor-to-outline-bitcoin-measures-in-budget-2015/

A spokesman for the UK Treasury revealed for CCN that a study was being undertaken, led by the Treasury working together with different government agencies, on Bitcoin’s potential for innovation on financial commerce and Bitcoin’s potential risk. The study will conclude with proposals for the budget of 2015 which the Chancellor is expected to announce in Parliament.

http://www.marketoracle.co.uk/Article47219.html

Prosecutors said Faiella, 54, operated an underground bitcoin exchange on Silk Road under the name "BTCKing," providing currency for users engaged in illicit drug trafficking.

Shrem processed transactions for Faiella through BitInstant despite knowing the bitcoin would eventually find their way to Silk Road, where the funds would be used for drugs, he said in court.

http://www.coindesk.com/faster-bitcoin-network-keep-fees-low/

Levin was previously a postgraduate economist at the University of Oxford where his research focused on virtual currencies, creating one of the first statistical models of bitcoin transaction fees. While at Oxford, he was the convenor of the Oxford Virtual Currencies Working Group, an interdisciplinary working group focused on the economic and social implications of virtual currencies.

http://blogs.wsj.com/venturecapital/2014/09/05/for-kncminer-time-to-forget-selling-bitcoin-machines-to-at-home-miners/

Back in June 2013, eons ago in the fast-changing sector of bitcoin, KnCMiner launched with an offer to sell semiconductor equipment that would allow buyers to generate bitcoin.

“We took in $6 million on the first four days that we were open last year,” said Sam Cole, KnCMiner’s chief executive and co-founder, of the pre-orders people placed.

http://www.valuewalk.com/2014/09/bitcoin-appeal/

Bitcoin’s exchange rate relative to the U.S. dollar has fluctuated substantially. In April 2013 a single Bitcoin was worth about $230 and it is trading at about $481 as of September 1, 2014. Some speculators purchase Bitcoin to profit from changes in exchange rate. For example, Kristoffer Koch spent about $27 in 2009 to buy 5,000 Bitcoins and by the end of 2013 he had $886,000.