TODAYS BITCOIN TOP NEWS 13-APR-2018
74 Beauty Clinics in Japan Now Accept Payments in BTC
The SBC operated Shonan Beauty Clinic chain in Japan now accepts BTC for services by utilizing Bitflyer’s bitcoin payment platform. Shonan clinics offer a wide variety of services like eyelid surgery, liposuction, dermatology, acupuncture, cosmetic dental, rhinoplasty, and breast augmentation. There are 74 Shonan facilities across Japan and some of their surgeons and doctors are very well known. All Shonan clinics will now accept bitcoin for services but there is a cap on how much you can spend.Currently, the maximum amount per transaction for bitcoin purchases is 2 million yen ($18,700 USD). Bitflyer states during the partnership that it has introduced BTC to thousands of merchants from various industries and “the number of introduction cases is increasing.”“With our partnership with SBC Medical Group and more domestic and overseas businesses — we will contribute to improving convenience for our customers,” Bitflyer’s press statement explains.
A Wide Range of Online and Brick and Mortar Businesses Now Accept BTC Through Bitflyer
Bitflyer has been partnering with a lot of merchants and Japan now has a wide range of stores that accept BTC for payments. The company has signed firm’s like Marui Group’s department stores, the retail chain BIC Camera, the points website Hapitas, and Samantha Thavasa Japan Co. Ltd. The firm also provides insurance for customers that cover failed transactions involving the BTC network.
Shonan Beauty Clinic in Japan is not the only cosmetic surgery company that accepts BTC as there are a few others worldwide. Other practices that accept bitcoin include Vanity Cosmetic Surgery in Miami, Elite Body Sculpture in Beverly Hills, Artisan Cosmetic Surgery in Ohio, Houston Cosmetic Surgery, and Artful Awakenings Cosmetic Surgery in Melbourne Florida.
Bitcoin Set to Surge, Cryptocurrency Hedge Fund Disagrees With Barclays
Pantera Capital Management says that Bitcoin has found it’s ultimate low at $6,500 in this bear market and that it should stay above that for the remainder of the year.The crypto investment firm which began trading in Bitcoin in 2014 and now has more than $800 million in assets sent a note to investors on Thursday, April 12, saying that it has only made three buy and one sell recommendations in seven years, but they predict Bitcoin will rise to and surpass it’s previous $20,000 price high by the end of the year.According to Bloomberg, Pantera’s Dan Morehead and Joey Krug stated in the note,
“For those who are new to Pantera who might think a fund manager like Pantera would always be saying ‘Today’s a great day to get long” I rarely have such strong conviction on timing. A wall of institutional money will drive the markets much higher.”
The prediction from Pantera Capital comes in part from Bitcoin having crossed its 200-day moving average. Referred to as the “death cross” by some economists in reference to the shape created when the 50-day moving average crosses below the 200-day moving average.
Though the term is ominous Pantera sees it as a good sign, writing in their report that “Traders often use that time period as it seems to be the optimal response time of human psychology. Long enough to stop fretting about missing the trade. Not too long that the information is lost.”
As was reported by NewsBTC economists at Barclays created a model that examined the rise and fall of Bitcoin. They explained their methodology saying
“We developed a theoretical model of an asset price with a pool of speculative investors and compared it with actual bitcoin price behavior to see what it might imply for the future dynamics”
From this, the analysts concluded that Bitcoin will continue on a “downward spiral” while hesitating to predict a fall below $6,000.
Bitcoin’s Price Jumps $1,000 In 30
The crypto markets experienced an explosion of growth today, April 12, with Bitcoin (BTC) jumping more than $1,000 to break $8,000 over just a 30 minute period, and the rest of the market solidly in the green.
While no specific events have been confirmed as the reason for the sharp price jumps across the board, Twitter users have speculated that the recent news that Bitcoin has been declared compliant with Shariah law – according to a report published online today, April 12 – may have contributed to the spike:
BTC is currently trading at around $7,817, up around 14 percent over a 24 hour period.
Coinsecure India Down After $3 Million in Bitcoin Missing
Secure Bitcoin Traders Pvt Ltd, Coinsecure’s parent company, filed the FIR just days ago, explaining how “user funds are securely kepts in our bitcoin wallet, who’s private keys are kept with Dr. Amitabh Saxena, CSO and Mr. Mohit Kaira, CEO at Coinsecure.in.” Interestingly, it was Mr. Mohit Kaira who filed the FIR.“On April 9th,” Mr. Kaira continued, “we were informed by our CSO […] that 438.318 were stolen from our company’s bitcoin wallet due to some attack. As the private keys were kept with Dr. Amitabh Saxena, we feel that he is making a false story to divert our attention and he might have a role to play in this entire incident.”
Coinsecure’s addresses :
The incident reported by Dr. Amitabh Saxena does not seem convincing to us,” the FIR goes on, reminding police, “Dr. Amitabh Saxena also has an Indian Passport and he might fly out of the country soon, therefore, his passport should be seized so he can not fly out of the country. Therefore, we request you to kindly investigate into the matter as soon as possible.”
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