Author: Richard Atkins

Richard Atkins is a senior contributor at Tech Insider covering online media, online travel, and video games. Richard has been with Tech Insider covering companies in these industries since 2011 and has authored numerous industry reports, including "Internet Video: Field of Dreams or Nightmare on Elm Street," "The Next Leg of Online Travel," and "Pwned: How Casual Games Changed The Gaming Landscape." Atkins was recognized as the No. 2 stock picker and earnings estimator in the 2011 Financial Times / StarMine Internet & Catalog Retail category and was ranked in the 2010 Wall Street Journal "Best On The Street" for the Leisure Goods & Services category.
Finance, Software

Bitcoin News: Bitcoin Price Levels at $590

Bitcoin prices consolidated in rangebound trade on Monday, as speculators awaited the next catalyst to influence price direction. BTC/USD inched up 0.02%, or 13 cents, on Slovenia-based BitStamp to trade at $587.28 during U.S. morning hours.

Bitcoin prices were likely to find support at $555.90, the low from July 31, and resistance at $607.20, the high from August 1. Elsewhere, the price of a Bitcoin on Bulgaria-based BTC-e dipped 0.09%, or 50 cents, to trade at $580.50.

According to the CoinDesk Bitcoin Price Index, which averages prices from the major exchanges, prices of the crypto-currency eased down 0.01% to trade at $585.48. Sentiment remained shaky as a wave of technical selling kicked last week after prices dropped below key support levels, triggering fresh sell orders amid bearish chart signals.

News on Bitcoins

Prices of the virtual currency fell below the key $600-level on July 25, after trading above the mark during the previous 30 days. Bitcoin is digital cash and is not backed by a government or central bank to regulate or issue it. It can be used to purchase goods and services from stores and online retailers.

Bitcoin is back to trading above $580 after a short excursion below the figure earlier in the day. BTC prices hit a three day low of $572.69 today before rebounding. We are still in somewhat of a no man’s land. Unless bitcoin can climb back above $600, further gains are uncertain. Similarly, we can’t count on more losses until BTC/USD nears the important support at $550. Here is how today looked on BTC-E. Prices are somewhat higher at $585 per coin on BitStamp.

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Richard Atkins
Finance, Mobile

Apple (NASDAQ AAPL) Officially Acquires Beats: Active Stock

Apple Inc. (NASDAQ AAPL) officially closed the Beats Music and Beats Electronics deal. The Cupertino-based tech giant even added a welcome page for Beats on its official website. Beats official website also posted something to reflect the acquisition. Earlier this week, the European Commission approved of the acquisition. It appears Apple didn’t face any scrutiny from the United States government either. It was also revealed … Continue reading Apple (NASDAQ AAPL) Officially Acquires Beats: Active Stock

Richard Atkins
Finance, Internet

Top Stock: Google Inc (NASDAQ GOOG) launches Now Launcher For All

From across all platforms, users can now install Google Now for Android 4.1+. Google’s Now launcher debuted with the Nexus 5 last year, which brings a fresh new interface to the table. Later on, it arrived on the Google Play Store, but only for Nexus and Google Play edition devices. Now, the good news is that a new update has rolled out to the Google … Continue reading Top Stock: Google Inc (NASDAQ GOOG) launches Now Launcher For All

Richard Atkins
BioTech, Finance

Biotech Stock Top News: Gilead’s Q2 Earnings

There is no holding back Gilead Sciences’ (GILD – Analyst Report) hepatitis C virus (HCV) drug Sovaldi. The drug continued its exceptional performance in the second quarter of 2014, helping the company to beat the Consensus Estimate in Q2 on both revenues and earnings. The biopharmaceutical company’s second quarter adjusted earnings (including stock based compensation expenses) was of $2.32 per share. The second quarter 2014 … Continue reading Biotech Stock Top News: Gilead’s Q2 Earnings

Richard Atkins
Finance, Software

UK Lifeboat Service Embraces Bitcoin Donations

The Royal National Lifeboat Institution (RNLI), informally known as the UK’s fourth emergency service, has announced it is accepting bitcoin donations. The RNLI says it is the first major charity in the UK to accept bitcoin. It also happens to be one of the oldest charities in the country, as it was founded in 1824.

According to 2013 statistics, the charity’s 400-strong fleet rescue an average of 23 people per day. Since its inception, the RNLI has saved approximately 140,000 lives. The pilot programme is already available online. The RNLI donations website now has a bitcoin section, complete with a wallet address and QR code.

The RNLI says it decided to run the trial because it wants to lead the way in accepting and benefiting from all forms of digital currency. It chose bitcoin as a well-established and widely-recognised digital currency.

News on Bitcoins

Leesa Harwood, RNLI Deputy Director of Fundraising and Communications, said the charity has a long history of innovation in fundraising, having held its first street collection in 1891. “Bitcoin is an innovative new kind of currency and we believe that accepting bitcoin will result in donations we may not otherwise receive, as well as connecting us with new types of supporters,” she said.

Harwood added: “This is a pilot scheme and we are looking forward to seeing how it will proceed as part of our interest in cryptocurrencies and how they may work in the future. We will of course closely monitor how much money is donated. We already have safeguards in place to monitor donations, however we receive them.”

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Richard Atkins
Finance, Internet

Google (NASDAQ GOOG) Simplifies Search Experience

Google Inc (NASDAQ GOOG) wants to simplify your search experience. The search giant now lets users call businesses directly via Google+. Calls to businesses in the United States and Canada are free, calls to international businesses will require a small fee. You can now call a business directly from its Google Search listing. The fees for Google+ international rates start at ten cents a minute … Continue reading Google (NASDAQ GOOG) Simplifies Search Experience

Richard Atkins