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Tag: News digest

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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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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Crypto Markets Continue to Rally Suggesting Bitcoin’s Bear Market is Behind Us: Week in Review Apr. 23

Category: News Digest

Crypto Markets Continue to Rally Suggesting Bitcoin’s Bear Market is Behind Us: Week in Review Apr. 23

After a three-month bear market, it looks like the tide is finally turning for cryptoassets. The price of bitcoin has rallied for a second week in a row, by almost 10 percent week-on-week pushing towards the $9,000 mark. The prediction that cryptocurrencies would rally again after U.S. tax day is becoming true. Positive statements regarding an “even-handed approach” for global…

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Bitcoin Rallies Above $8,000, Takes Altcoin Market With It: Week in Review Apr. 16

Category: News Digest

Bitcoin Rallies Above $8,000, Takes Altcoin Market With It: Week in Review Apr. 16

In the past week, bitcoin investors finally experienced much-needed relief. The price of bitcoin rallied by over 15 percent to close the week above the $8,000 mark for the first time since March 28. Despite Barclays Bank thinking that bitcoin has already reached its peak and Bank of America stating that the supposed bitcoin bubble is bursting, it seems that…

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Bitcoin Rallies on Better Than Expected Outcome of G20 Meeting’s Crypto Talks: Week in Review Mar. 27

Category: News Digest

Bitcoin Rallies on Better Than Expected Outcome of G20 Meeting’s Crypto Talks: Week in Review Mar. 27

The much-anticipated G20 talks on global cryptocurrency regulations took place at the beginning of this week in Buenos Aires. The result of these talks was that no immediate regulation will be put in place and that more information on this sector is needed for any global regulations to be put into place. That should happen at the next G20 meeting…

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Catalan Government Leaning Towards E-Residency Program

Category: Ethereum, News

Catalan Government Leaning Towards E-Residency Program

After declaring independence from Spain, Catalonia has now set its sights on developing a financial structure that would run parallel to the country. Catalan Sovereignty Following a referendum wrought with conflict and allegations that claimed the vote illegal, Catalonia declared its independence from Spain on October 27. Catalan citizens flooded the streets in celebration after only a week earlier they…

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Crypto Market Retracts as Chinese Regulatory Uncertainty Troubles Investors: BTCManager’s Week in Review September 11

Category: News Digest

Crypto Market Retracts as Chinese Regulatory Uncertainty Troubles Investors: BTCManager’s Week in Review September 11

In the past week, the price of bitcoin retracted as news out of China emerged that claims that Chinese lawmakers may ban cryptocurrency exchanges in the same way they put a seemingly temporary ban on initial coin offerings. According to Chinese news outlet Caixin, it is “the end of the virtual currency exchange era.” While cryptocurrency itself is not being…

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Crypto Market Corrects, Bitcoin Core 0.15 Revealed: BTCManager’s Week in Review September 4

Category: News, News Digest

Crypto Market Corrects, Bitcoin Core 0.15 Revealed: BTCManager’s Week in Review September 4

The price of Bitcoin exceeded the $5,000 mark for the first time in history on Asian digital currency exchanges on September 2. This new all-time high was subsequently followed by a steep correction down to the $4,500 mark on the same day. Nonetheless, the moment for Bitcoin has never been stronger than now. The crypto correction continued on September 4…

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Bitcoin Hits New All-Time High Following Hard Fork: BTCManager’s Week in Review August 7

Category: News, News Digest

Bitcoin Hits New All-Time High Following Hard Fork: BTCManager’s Week in Review August 7

On August 1, bitcoin experienced a hard fork that created a new version of the cryptocurrency called bitcoin cash. While many community members were concerned about what a hard fork of bitcoin could mean for the digital currency’s value and its ecosystem, it seems that none of the potential doomsday scenarios happened. On the contrary, bitcoin rallied in the days…

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