BITCOIN PRICE: 1,179.99     HIGH: 1,220.00     LOW: 1,091.10

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Anarchapulco • February 25-28, 2017

The world’s premier conference for voluntaryist thinkers and activists, bringing together hundreds of principled anarchists to share ideas on how…

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Category: News Digest

Ether Making a Comeback?: BTCManager’s Week in Review February 20

Category: News, News Digest

Ether Making a Comeback?: BTCManager’s Week in Review February 20

Is this the start of a bullish market for ETH? The weekly chart below shows for the first time, a Kumo breakout, that is a close outside of the Ichimoku cloud; it is a bullish one with ETH-USD closing above the upper span of the Kumo at $12.26. The Ichimoku cloud for ETH-USD has only formed recently given the relatively...

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China Spooks the Market, Again: BTCManager's Week in Review February 13

Category: News, News Digest

China Spooks the Market, Again: BTCManager's Week in Review February 13

China spooks the markets once again. But this time, BTC-USD regains $1000 much more quickly than previous interventions. However, bitcoin has see-sawed around this psychological level, currently trading at $995.94, remaining in equilibrium within the Ichimoku cloud, as illustrated below, while the market decides on the next direction and waits for fresh news to emerge. Bitcoin exchanges are facing greater...

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Bitcoin Bulls Rage On: BTCManager’s Week in Review February 6

Category: News, News Digest

Bitcoin Bulls Rage On: BTCManager’s Week in Review February 6

Bitcoin breaks the $1000 handle again, after a harsh reaction to the PBOC announcement of the inspection of Chinese exchanges in January. Also, Bitcoin Unlimited reaches new highs in popularity amongst Bitcoin miners despite building an invalid block and forfeiting the block reward due to a bug in a recent release. This week’s review is compiled from contributions by Alexander...

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PBOC Moves Closer to Digital Currency: BTCManager’s Week in Review January 30

Category: News, News Digest

PBOC Moves Closer to Digital Currency: BTCManager’s Week in Review January 30

While Nasdaq successfully tested e-voting on the blockchain, China’s central bank and financial sector are eyeing the blockchain to leapfrog the rest of the world with this technology. The first trial of a blockchain-based system was announced by the PBOC as they hope to capture the 'first-mover advantage' with regards to a national digital currency. Also, a digital currency research...

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China, Fees, and Fake Volume: BTCManager's Week in Review January 23

Category: News, News Digest

China, Fees, and Fake Volume: BTCManager's Week in Review January 23

Following recent warnings and inspections by Chinese financial regulators, four of the largest Chinese bitcoin and cryptocurrency exchanges have synchronously announced the implementation of a flat 0.2 percent service fee on all transactions involving the bitcoin and litecoin cryptocurrencies, beginning Tuesday, January 24. The announcements from all four exchanges, BTCC, OKCoin, Huobi, and YUNBI are all identical, suggesting that this...

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China's Volume Drops: BTCManager's Week in Review January 16

Category: News, News Digest

China's Volume Drops: BTCManager's Week in Review January 16

The largest story in the past week has been the news out of China, with exchanges retracting margin trading, significantly reducing global volumes and leading to more stability in the price of bitcoin, holding ground above $800. As shown below, volumes are down 80 percent since the PBOC news broke. While Bitcoin’s market capitalization was at all-time highs not too...

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Markets Cool Off: BTCManager's Week in Review January 9

Category: News, News Digest

Markets Cool Off: BTCManager's Week in Review January 9

In what was an unusually volatile week for bitcoin, China spooked the markets, with BTC-USD hitting a fresh low of $880. However, the crucial support level at $890.65 has held, suggesting the uptrend remains in place. Resistance will be encountered at $944.20 and a break of this level should open up another shot at $1000. On the other hand, a...

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BTCMANAGER’s Year in Review: 2016

Category: Altcoins, Bitcoin, Ethereum, News, News Digest

BTCMANAGER’s Year in Review: 2016

In what has been one of the strongest years for Blockchain technology and the growth of Bitcoin, BTCManager looks back at 2016 in our Year in Review. Here we highlight the stories brought to you by us that defined the evolution of Bitcoin and cryptocurrency in general over the past year. January: Mike Hearn Quits after Classic’s Attempt to Hard...

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Bitcoin Gifts Holders with Rally: BTCManager’s Week in Review Dec. 26

Category: News, News Digest

Bitcoin Gifts Holders with Rally: BTCManager’s Week in Review Dec. 26

A spectacular rally was gifted to Bitcoin holders leading up to Christmas, with BTC-USD posting a fresh high at $920.00 on the Bitstamp exchange. Bitcoin is now gyrating around the $900 psychological level, but we expect the market to establish a high around $1000 by the end of January 2017. With the rise in the price of Bitcoin, several well-known...

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The Veil of Cash: BTCManager’s Week in Review Dec. 19

Category: News, News Digest

The Veil of Cash: BTCManager’s Week in Review Dec. 19

Two important, related events have secured Bitcoin’s place as one of the most important assets in the world. Firstly, a deterioration of the situation in Venezuela. Following the decommission of Venezuela’s largest bill, December 17/18 saw protests and lootings. People are even burning Bolivars, illustrating the rapidly shifting sentiment against fiat currency. While the country’s president, Nicolas Maduro, suggested citizens...

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