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BITCOIN PRICE: 6,415.78     HIGH: 6,545.00     LOW: 6,333.63

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Blockchain Brunch Hamptons White Party • August 21, 2018

 With the SEC decision on the third Bitcoin ETF likely just four weeks away. Right now, there is no better…

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Category: News Digest

Bitcoin Drops Down Below $7,000 despite Crypto-Positive Headlines: Week in Review August 6, 2018

Category: Adoption, Altcoins, Bitcoin, Blockchain, Finance, Investment, Mining, News, News Digest

Bitcoin Drops Down Below $7,000 despite Crypto-Positive Headlines: Week in Review August 6, 2018

Despite bitcoin-positive news coming from Wall Street, the price of bitcoin dropped by fifteen percent week-on-week, to close around the $7,000 mark on Sunday. Asset management giant Northern Trust announced that it would move into the cryptoasset custody business to provide custodial services to digital asset investors. Moreover, the New York Stock Exchange’s (NYSE) parent company ICE has announced the…

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Bitcoin Bulls Withstand ETF Rejection to Push Bitcoin Price towards Two-Month High: Week in Review July 30

Category: Altcoins, Bitcoin, Commentary, News, News Digest

Bitcoin Bulls Withstand ETF Rejection to Push Bitcoin Price towards Two-Month High: Week in Review July 30

The price of bitcoin rallied by ten percent week-on-week despite the rejection of the Winklevoss Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC), which caused a brief drop in price mid-week. The SEC declined the appeal of the Winklevoss ETF because “[the] exchange [must] be designed to prevent fraudulent and manipulative acts and practices and to protect investors…

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Crypto Markets Stabilize as Bitcoin Rallies Towards $7,000: BTCManager’s Week in Review July 9

Category: News Digest

Crypto Markets Stabilize as Bitcoin Rallies Towards $7,000: BTCManager’s Week in Review July 9

In the past seven days, the price of bitcoin rallied by over seven percent to inch closer to the $7,000. This marks the digital currency’s second up week in a row following a bear market in the second quarter of 2018. While cryptocurrency investors still seem to be split as to whether bitcoin has found its floor or has further…

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New Capital Inflows Spark Massive Crypto Relief Rally: BTCManager’s Week in Review July 2

Category: News Digest

New Capital Inflows Spark Massive Crypto Relief Rally: BTCManager’s Week in Review July 2

The mood among crypto investors has reached new lows in the past week when the price of bitcoin dropped below the $6,000 mark, and many bitcoin bears and naysayers popped up to claim that the “bitcoin bubble” has finally burst. Fortunately, for crypto investors, we finally witnessed a much-needed relief rally on the weekend thanks to new capital inflows into…

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Crypto Markets Decline Stopped by SEC Decision That Decentralized Cryptocurrencies Are Not Securities: Week in Review Jun. 18

Category: Altcoins, Bitcoin, Crime, Ethereum, Finance, News, News Digest, Regulation, Tech

Crypto Markets Decline Stopped by SEC Decision That Decentralized Cryptocurrencies Are Not Securities: Week in Review Jun. 18

It has been a sobering week for crypto investors as the price of bitcoin continued last week’s decline to drop another ten percent versus last week’s close after a new study suggested that Tether (USDT) trading manipulated the bitcoin rally of late-2017. Fortunately, for bitcoin and – especially ether – holders, the U.S. Securities and Exchange Commission (SEC) director William…

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Bitcoin Strengthens as Cryptoassets Gain Acceptance: Week in Review Jun 4

Category: News Digest

Bitcoin Strengthens as Cryptoassets Gain Acceptance: Week in Review Jun 4

The price of bitcoin rallied by roughly five percent boosted by the positive the momentum for cryptographic assets over the week of May 28-June 3 while some smaller altcoins experienced 51 percent attacks. South Korea’s announcement to recognize cryptocurrencies as assets have helped to strengthen the price of bitcoin as it suggests that this highly active crypto trading hub may…

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Bitcoin Retracts to Near $7,000 After U.S. Department of Justice Launched Probe into Price Manipulation: Week in Review May 29

Category: News Digest

Bitcoin Retracts to Near $7,000 After U.S. Department of Justice Launched Probe into Price Manipulation: Week in Review May 29

In the past week, we witnessed the price of bitcoin dropping by 14 percent from $8,500 to $7,300 after the U.S. Department of Justice (DoJ) announced that is has launched a criminal probe into possible bitcoin price manipulation. The DoJ wants to find out whether traders are manipulating the price of bitcoin and other crypto assets through tactics such as…

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Consensus 2018 Fails to Spark Bitcoin Rally: Week in Review May 21

Category: News Digest

Consensus 2018 Fails to Spark Bitcoin Rally: Week in Review May 21

Consensus, the biggest annual bitcoin conference, was held in New York in the past week but failed to spark the expected bitcoin rally that financial commentators like Fundstrat’s chief analyst Tom Lee predicted. Instead, the price of bitcoin dropped after the conference concluded and remained mostly unchanged versus last week’s closing price. Nonetheless, the takeaways from Consensus were more positive…

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Cryptoasset Market Corrects as Upbit Investigation and Mt. Gox Trustee Spook Investors: Week in Review May 15

Category: News Digest

Cryptoasset Market Corrects as Upbit Investigation and Mt. Gox Trustee Spook Investors: Week in Review May 15

The price of bitcoin corrected by 12 percent in the past week to close at $8,500 as investors were concerned about what the raid of South Korean bitcoin exchange Upbit meant for future bitcoin regulations in the leading bitcoin economy. On May 10, 2018, South Korean law enforcement agents and financial regulatory officials confiscated paper and digital records and are…

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Cryptoassets Take a Breather After Impressive April Rally: Week in Review May 7

Category: News Digest

Cryptoassets Take a Breather After Impressive April Rally: Week in Review May 7

The price of bitcoin traded in the $9,000 to near $10,000 range throughout the past week, closing the week only slightly in the green as the market digests the strong April price rally. Regulation chatter has died down, and investors’ focus is back on how far the price of bitcoin will go in 2018. Even Goldman Sachs is now jumping…

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