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Tag: week in review

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

Category: News, News Digest, Weekly Report

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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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 Anonymity Concerns Boost Privacy-Centric Altcoins: BTCManager’s Week in Review August 28

Category: News, News Digest

Bitcoin Anonymity Concerns Boost Privacy-Centric Altcoins: BTCManager’s Week in Review August 28

In the past week, bitcoin’s often wrongly cited anonymity, or rather the lack thereof has been pushed to the forefront of user’s minds. It came to light that the IRS is using Chainalysis’ bitcoin transaction tracking application to identify bitcoin tax cheats and as Princeton researcher published a paper that outlines how easy it is to link bitcoin online shoppers’…

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Bitcoin Cash Rally Fades, SegWit2x Set for November: BTCManager’s Week in Review August 21

Category: News, News Digest

Bitcoin Cash Rally Fades, SegWit2x Set for November: BTCManager’s Week in Review August 21

While bitcoin has managed to stabilize above the $4,000 mark, it’s new post-fork counterpart bitcoin cash witnessed a tremendous rally beginning August 17. Bitcoin cash (BCH) rallied from around $300 to almost hit $1,000 on August 19 before corrected back to the $600-700 range on August 20 afternoon. The surge in the price of bitcoin cash was driven by its…

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