Bitcoin News 9 December 2016

Bitcoin today 9 December 2016 – the Bitcoin price is on the move and almost at $780. What lies ahead of us this weekend? Is the price coiling up and ready to move past $800?

A digital revolution is happening in India – Demonetization and now touting biometric security as the next step in payments, shunning cash and cards in a bid to make the economy secure and free of corruption. New Delhi is set to be the home of South Asia’s first Blockchain incubator called Satoshi Studios.

Bitcoin news headlines – Classic ether (ETC) trading volume has now fallen more than 99% from its peak; Bitcoin can offer ex offenders new ways to reintegrate back into society; Texas has seen no fewer than 11 Bitcoin ATMs open since October, with distributor Coinsource bringing the state up to par with leaders California and New York; A blockchain voting project netted $10,000 in a recent contest organized by cybersecurity firm Kapersky Labs; Mizuho Bank is weighing possible client-facing services after testing a prototype digital currency in partnership with IBM Japan and Japan’s plan to drop an 8% sales tax on bitcoin purchases could take effect as early as July 2017.

Bitstamp has launched an investment initiative on online investment platform BnkToTheFuture to obtain US$1.2 million in funding at a $60 million valuation.

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