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BITCOIN PRICE: 4,332.52     HIGH: 4,869.37     LOW: 4,048.58

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Tag: week in review

Bitcoin Makes Gains Despite Further Bitcoin ETF Rejections and Chinese Crypto Crackdown: BTCManager’s Week in Review

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News

Bitcoin Makes Gains Despite Further Bitcoin ETF Rejections and Chinese Crypto Crackdown: BTCManager’s Week in Review

Bitcoin investors were able to sleep easier these past seven days, as the price of bitcoin managed to remain firm for the second consecutive week, gaining four percent week-on-week. Crypto Market Gaining Traction Bitcoin booked gains this week despite the SEC rejecting several newly proposed Bitcoin ETFs. SEC Commissioner Heather Pierce’s recent bitcoin-positive statements suggested that an ETF may be…

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Crypto Bear Market Continues With a 20 Percent Drop in Bitcoin: Week in Review Apr. 3

Category: News Digest

Crypto Bear Market Continues With a 20 Percent Drop in Bitcoin: Week in Review Apr. 3

It was another difficult week for cryptocurrency investors as 2018’s downward trend continued with bitcoin dropping by over 20 percent from March 26. The main driver cited behind the decline in cryptocurrency valuations was further bans for cryptocurrency-related advertising as Twitter has also announced that it would ban crypto ads to fight fraudulent activity in this industry. With a lack…

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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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Bitcoin Surges To New High After CME Announces Launch of Bitcoin Futures: BTCManager’s Week in Review November 6

Category: Cryptocurrency Market Outlook, News, News Digest

Bitcoin Surges To New High After CME Announces Launch of Bitcoin Futures: BTCManager’s Week in Review November 6

Bitcoin Surges To New High After CME Announces Launch of Bitcoin Futures: BTCManager’s Week in Review November 6 The price of bitcoin has been on a seemingly non-stop rally to the moon last October. This trend continued last week after the Chicago Mercantile Exchange (CME) announced the launch of futures on cryptocurrencies. In other words, institutional investors such as hedge…

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Bitcoin Hits New All-time High as Hard Fork Approaches: BTCManager’s Week in Review October 16

Category: News Digest

Bitcoin Hits New All-time High as Hard Fork Approaches: BTCManager’s Week in Review October 16

On Sunday, October 15, the price of bitcoin hit a new all-time high of over $5,850 as bitcoin buyers are unfazed by the risks stemming from the upcoming hard fork. Bitcoin rallied by over 27 percent in the last seven days, demonstrating its resilience against opinions about the digital currency’s potential bubble status as well as the regulatory restrictions on…

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Bitcoin Price Stays Stable As SegWit2X Debate Intensifies: BTCManager’s Week in Review October 9

Category: News, News Digest

Bitcoin Price Stays Stable As SegWit2X Debate Intensifies: BTCManager’s Week in Review October 9

In the past seven days, we witnessed a stabilization of the price of bitcoin in the $4,150 to $4,500 range despite the debate around the contentious SegWit2X upgrade to the Bitcoin network, which will likely lead to another split of the Bitcoin blockchain. As part of the so-called New York Agreement, which led to the implementation of the scaling solution…

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Bitcoin Rallies Past $4,250 Mark, ICO Market Slows Down: BTCManager’s Week in Review October 2

Category: News Digest

Bitcoin Rallies Past $4,250 Mark, ICO Market Slows Down: BTCManager’s Week in Review October 2

After a turbulent three weeks, the price of bitcoin has rallied again to surpass the $4,250 mark on Thursday to peak at a seven-day high of $4,360 on Sunday, October 1. This rally is a testament to the resilience and maturity of bitcoin as an asset class. It is important to highlight that bitcoin is rallying while a slowdown can…

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Bitcoin Price Stays Volatile As Negative Headlines Hit Newswires: BTCManager’s Week in Review September 25

Category: News, News Digest

Bitcoin Price Stays Volatile As Negative Headlines Hit Newswires: BTCManager’s Week in Review September 25

After a bumpy two weeks that included the ICO ban and the following announced closures of on-shore exchanges in China and a fair share of bitcoin-bashing by high-ranking financiers, the price of bitcoin corrected aggressively from its recent all-time high down to below the $3,000 mark. Nonetheless, the price managed to recover again to move back into the $4,000s, which…

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Bitcoin Hits One-Month Low on Chinese Exchange Closures and Jamie Dimon Comments: BTCManager’s Week in Review September 17

Category: News, News Digest

Bitcoin Hits One-Month Low on Chinese Exchange Closures and Jamie Dimon Comments: BTCManager’s Week in Review September 17

The past week was tumultuous for bitcoin holders as the price of bitcoin temporarily collapsed to trade below the $3,000 mark for the first time in over a month. This correction was sparked after JPMorgan CEO Jamie Dimon publicly declared bitcoin a fraud and when Chinese bitcoin exchanges BTCC, ViaBTC, and Yunbi announced their closures. China was once considered the…

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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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