#News Digest News

Market Update and Ripple XRP Price Analysis: February 25, 2019

February 25, 2019 by Georgi Hristov at Altcoins, Cryptocurrency Market Outlook, Exchange, Finance, News Digest, Price Analysis

The total crypto market cap is down $5 billion since, February 22 and now stands at $129 billion in the early trading hours of February 25. Bitcoin is trading at $3,780 while ether fell to $138. Bitcoin successfully broke above its 2019 high at $4,169 on February 23 and was...

Bitcoin Bursting out of an egg with $4,000 Written on it

Bitcoin Cracks the $4,000 Mark for the First Time in almost Two Months: BTCManager’s Week in Review February 25, 2019

February 25, 2019 by Alex Lielacher at Adoption, Altcoins, Bitcoin, Finance, News, News Digest

Bitcoin investors are finally getting the much-needed relief rally that saw the price of bitcoin surge past the $4,000 mark to close the week five percent higher week-on-week at around $3,900. After almost two months in the $3,000 range, bitcoin finally broke through the $4,000 mark as traders have started...

Older Man Looking at Bitcoin on his Phone and JP Morgan JP M Coin Mogul

Bitcoin Remains Stable as First Pension Funds Enter Crypto and JP Morgan Launches Stablecoin: BTCManager’s Week in Review February 18, 2019

February 19, 2019 by Alex Lielacher at Altcoins, Bitcoin, Business, News, News Digest

The two biggest headlines of the week have been investment management firm Morgan Creek receiving pension fund money for its new digital asset fund and JP Morgan launching a blockchain-based stablecoin called JPM Coin. The price of bitcoin remained effectively unchanged around the $3,600 mark versus last week’s close. Morgan...

Bitcoin Balloon Floating Aways from a Tree

Bitcoin Finally Bucks Trend and Rallies back above $3,600 Mark: BTCManager’s Week in Review February 11, 2019

February 12, 2019 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, News, News Digest

The price of bitcoin rallied by five percent week-on-week after Twitter CEO Jack Dorsey, once again, spoke highly of the world’s leading digital currency and even held “the Lightning torch” on Twitter before passing it on to Lightning Labs co-founder Elizabeth Stark. Endorsement from a billionaire tech CEO is generally well-received...

Crypto Exchange Huobi still Profitable Despite Layoffs, Reports CEO

January 23, 2019 by Tokoni Uti at Altcoins, Bitcoin, Business, Commentary, Exchange, News, News Digest

On January 22, 2019, Livio Weng Xiaoqi, the chief executive of Huobi Global, insisted that the company is still profitable despite the bear run and event layoffs, as new projects are launched. Beating the Bear Run Within the last year, there have been significant changes in the global cryptocurrency market...

Bitcoin and Ether Market Update: January 9, 2020

Market Update and XRP Price Analysis: January 21, 2019

January 21, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Exchange, News, News Digest, Price Analysis

Total crypto market cap lost $3 billion of its value since January 19, 2019, and fell to $119. Bitcoin declined to $3,590 while Ethereum dropped down to $116. The much-anticipated Ethereum hard fork has been postponed until late February of this year. This was confirmed by Ethereum developer lead Péter...

Bitcoin Hot Air Balloon Reading a Newspaper

Bitcoin Closes the Week Softer on Back of Little Newsflow: BTCManager’s Week in Review November 5, 2018

November 5, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Business, Finance, News, News Digest, Regulation

The price of bitcoin closed the week around two percent lower - reaching the $6,350 level - on light volumes and a lack of major market-moving headlines. The main headline of the week was the publication of a research paper that suggested that bitcoin mining may accelerate global warming due...

Bitcoin Softens as “Dr. Doom” and China Rattle Investors: BTCManager’s Week in Review October 15

October 17, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Exchange, Finance, News, News Digest, Regulation

The price of bitcoin closed the week on a softer note, dropping by four percent versus last week’s close to around $6,300. Bitcoin’s correction was caused by “Dr. Doom” Nouriel Roubini’s statement in front of Congress where he called the cryptocurrency sector "the mother or father of all scams and...

Bitcoin Remains Stable at $6,500 Mark Suggesting a Bottom Has Been Found: BTCManager’s Week in Review

October 2, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Ethereum, Exchange, Finance, News, News Digest

The price of bitcoin traded between the $6,800 to $6,400 range throughout the week, suggesting that this year’s bottom may have finally been found and that the $6,000 mark should remain a strong resistance line. Bitcoin closed the week effectively unchanged. Major market-moving news was scarce this week, but bitcoin...

Bitcoin Riding his bull with sword pointed toward the sun

Bitcoin Bulls Take Charge as BTC Moves Back towards $7,000 Mark: Week in Review Sep 24

September 24, 2018 by Alex Lielacher at Altcoins, Bitcoin, Business, Finance, News, News Digest, Regulation

The price of bitcoin remained firm over the course of the past week, gaining three percent helping BTC move back up towards the $7,000 mark. Once again, cryptocurrency regulations were a big topic in several jurisdictions, including the U.S., the UK, and India, last week. There was also much talk...

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