Bitcoin Drops Further as Much-Awaited Bitcoin ETF Is Pushed Down the Road: BTCManager’s Week in Review Dec 10

The price of bitcoin dropped by over 15 percent versus last week’s close after it became clear that the crypto markets will have to wait longer for a potential Bitcoin ETF to be approved in the U.S. “Crypto Mom” Provides Insights Hester Peirce, a commissioner of the SEC often referred to as “crypto mom” for her positive stance towards cryptocurrencies, spoke at the Digital Asset Investment Forum held in Washington D.C. where she stated on the topic of Bitcoin ETF approval: “Don’t hold your breath.” “I do caution people not…

Crypto Week In Review: SEC Delays Bitcoin ETF Ruling, Coinbase Lists Four Altcoins

In a bear market-induced sense of panic, the crypto market at large has stopped responding to industry developments altogether, with the news of the past week coming in one ear, and out the other. Regardless, startups still seem hell-bent on bolstering this industry’s infrastructure. And, frankly, this unrelenting drive for innovation doesn’t come unwarranted. As once stated by Spencer Bogart of Blockchain Capital, the news of today will become “important building blocks” and the “kindling” for the next cryptocurrency bonfire. SEC Delays Bitcoin ETF Ruling To February 2019 Since Bitcoin’s earliest…

Bitcoin Recovers and Finds New Support Above $4,000 Mark: BTCManager’s Week in Review December 3, 2018

After two dark red weeks, bitcoin finally managed to recover and gain new support above the $4,000 mark after trading as low as $3,600 in the prior week. The relief rally saw the price of bitcoin bounced back by almost ten percent to close the week at around $4,150. As the BCH hash war – the primary driver of uncertainty in the crypto market that sparked the recent price crash – has seemingly come to an end, the price of bitcoin managed to regain its footing. Many investors are taking…

Crypto Week In Review: Bitcoin ETF Talk Mounts, Nasdaq To Launch “Crypto 2.0” Futures

The crypto market at large sustained its turbulent price action this week, with Bitcoin (BTC) jolting up and down between key levels of resistance and support. However, in spite of the dreary price action, this industry’s participants kept their pedal to the metal, announcing a series of developments that piqued the interest of investors worldwide. So, as recently put by Anthony “Pomp” Pompliano, Morgan Creek’s in-house cryptocurrency insider: “Bear markets get rid of tourists so entrepreneurs can focus on building.” SEC’s Clayton Isn’t Ready To Green Light A Crypto ETF…

Crypto Week In Review: Bitcoin ETF Talk Mounts, Nasdaq To Launch “Crypto 2.0” Futures

The crypto market at large sustained its turbulent price action this week, with Bitcoin (BTC) jolting up and down between key levels of resistance and support. However, in spite of the dreary price action, this industry’s participants kept their pedal to the metal, announcing a series of developments that piqued the interest of investors worldwide. So, as recently put by Anthony “Pomp” Pompliano, Morgan Creek’s in-house cryptocurrency insider: “Bear markets get rid of tourists so entrepreneurs can focus on building.” SEC’s Clayton Isn’t Ready To Green Light A Crypto ETF…

Bitcoin Loses One-Third of its Value to Reach Twelve-Month Low: BTCManager’s Week in Review Nov 26

The price of bitcoin crashed by a staggering 33 percent in the last seven days after uncertainty sparked by the bitcoin cash “hash war” reminded markets in the prior week how volatility cryptoassets still are. Bitcoin dropped from $5,600 on Monday morning to around $3,750 by Sunday afternoon, to reach a new twelve-month low. Bitcoin’s steep price decline was exemplified by a video that showed Chinese miners throw out mining hardware in wheelbarrows to resell them second-hand as mining bitcoin is no longer a profitable venture for them at these…

Crypto Week In Review: Binance Makes OTC Desk Investment, Bakkt Delays Bitcoin Futures

As 2018 bids its last farewells, the crypto market has stuttered, with a majority of crypto assets establishing new year-to-date lows, leading many analysts to express their sentiment that capitulation is officially occurring. However, the peculiar performance of the market hasn’t fazed this industry’s leading constituents. Binance, for one, continued its investment spree, siphoning millions into a budding upstart. Binance Throws $3 Million At OTC Crypto Desk, Foray Into China Expected Binance, the crypto industry’s leading retail exchange, hasn’t seemingly remained unfazed amid the cryptocurrency market downturn, recently diverting $3…

Crypto Week In Review: Bitcoin ETP Launches In Switzerland, KuCoin Scores $20M

Unfortunately, as cryptocurrencies capitulated throughout the week, losing upwards of 15-20% of their value, so did the news cycle. However, it isn’t all doom and gloom, as there were still a handful of developments indicating that the crypto and blockchain industry is far from dead in the water. Amun Launches Bitcoin, Ether, XRP ETP In Switzerland After hinting at the product for two months, over the past seven days, it has been divulged that Amun, a London-based fintech firm, will be listing a multi-crypto exchange-traded product (ETP) in Switzerland. The…

Bitcoin Remains Firmly at its $6,500 “Stablecoin” Mark: BTCManager’s Week in Review

The price of bitcoin barely moved in the past seven days – ranging from $6,450 to $6,550, to close the week effectively unchanged around the $6,500 mark. This week’s headlines have been driven by more adoption-positive news such as Visa saying that it will consider adopting cryptocurrencies if that will be the way the market evolves, Bakkt confirming the launch of its BTC futures for December, and the announcement by Sony developing a contactless cryptocurrency hardware wallet. Moreover, bitcoin mining giant Bitfury has announced that it is considering going public…

Weekly crypto review: Analyst gives his expert opinion on the market’s volatility and much more

Welcome to this column of weekly crypto review, where we bring to you all interesting news and developments in the crypto sphere for the last seven days. Today, we’ll talk about expert’s opinion on the markets’ volatility, what to expect in Bitcoin’s second decade and much more. Read on to get a taste of what’s been going on in the crypto verse and what to expect in the future. Experts give his opinion on the crypto market’s volatility As the cryptocurrency markets continue to trade sideways as trading volume decreases,…