Been too busy during this shorter work-week? Before you dive headfirst into the long weekend, check out our biggest news headlines from the last seven days:
Bicoin price tops $500 as China fears subside: It had been rumoured for a couple of weeks that People's Bank of China had issued a deadline for all banks in the country to cut-off bitcoin exchanges. The 15th April deadline came and went and it was business as usual, at least for BTC China. The price of bitcoin rose back up past $500 mid-week following this news.
Gyft no longer offering Walmart gift cards: Mobile card provider Gyft was forced to abruptly end Walmart gift card support. The company sent an email to its users informing them it was no longer offering Walmart gift cards. Walmart was one of the most requested retailers on the site, having been added only a few weeks ago on 24th March.
Amazon decides against accepting bitcoin: Amazon is another company that is officially not interested in accepting bitcoin. The company's payments head, Tom Taylor, said Amazon had considered bitcoin, but decided against it. It is possible Amazon may be developing an in-house digital payment service.
Marijuana vending machine accepts bitcoin: Billed as the first of its kind in America, ZaZZZ is a marijuana vending machine that will not be placed behind any sales counters. It was unveiled in Colorado last week and accepts cash, credit or bitcoin.
Wishing all the readers a happy bank holiday (or long weekend as we call it in North America)!
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
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$10K Test? Bitcoin Price Hits 4-Week High As Altcoins Shine
Bitcoin hit four-week highs in Asian hours but continues to underperform when compared to alternative cryptocurrencies (altcoins).
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DOJ Charges ICO Co-Founder With Securities Fraud
The Department of Justice has unveiled fraud charges against another co-founder of cryptocurrency startup Centra, a move that comes weeks after two other founders were arrested and charged.
Russia's Supreme Court Orders Review of Crypto Website Ban
The Supreme Court of Russia has directed a court in the city of St. Petersburg to consider an appeal against a blocked cryptocurrency information website.
According to Russian legal information sit
Quebec's Chief Scientist Denies Dismissing Crypto Concerns
Contrary to recent media reports, the Chief Scientist of Quebec has not downplayed concerns about the illicit use of cryptocurrencies, his office said.
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Taiwan Eyes November Deadline for Bitcoin AML Regulation
Taiwan aims to formally regulate bitcoin under anti-money laundering (AML) rules before the end of the year.
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Bitcoin Bull Trap? Not So, Says Lesser-Known Price Indicator
Is the reversal of a lesser-known bitcoin price indicator signaling a bull trap?
That's the question being asked by Twitter's more expert crypto analysts after bitcoin's rise to $8,500 this week, a