week in review News
Latest week in review News
Bitcoin claims the historic $100,000 milestone, President-elect Donald Trump picks former SEC commissioner Paul Atkins to replace Gary Gensler as agency chair, and more in today’s edition of the weekly recap. Bitcoin breaches $100,000 Trump’s SEC pick and crypto czar…
The U.S. SEC apologizes for its “crypto assets securities” tag in the Binance case; Bitcoin ETFs recover lost capital; Harris gains on Trump; MicroStrategy expands its stash; Grayscale launches XRP Trust. SEC’s indecision Bitcoin ETFs’ recovery Harris v. Trump Trump…
The price of bitcoin has increased by over four percent week-on-week to $5,333 per coin as investors are starting to buy bitcoin again now that the ‘crypto winter’ is considered over and the sentiment is turning bullish. The Big Stories…
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…
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…
Two important, related events have secured Bitcoin’s place as one of the most important assets in the world. Firstly, a deterioration of the situation in Venezuela. Following the decommission of Venezuela’s largest bill, December 17/18 saw protests and lootings. People…
An interesting malaise of events is turning the tide in favor of bitcoin and cryptocurrencies in general. Search terms for “Earn Bitcoin” are at all time highs, demonetization in India has not, surprisingly, led to lower interest rates but the…
Bitcoin Core’s scaling solution is making headway, with the percentage of blocks signalling SegWit support reaching for 20 percent, as shown below, with pools such as Slush, BitFury and YourBTCC supporting the protocol change. Bitcoin users may have noticed that…
The presidential race in the US is now over and ended with a victory for the Republicans, driving a short-term jump in Bitcoin’s price. Of course, uncertainty lies ahead, but the response from investors is pretty optimistic with regard to…
Last week saw the eighth anniversary of Satoshi Nakamoto’s white paper on bitcoin as experts debated on online communities and social media whether or not the cryptocurrency was intended as a store of value or a payment settlement network. Also,…
Bitcoin continued to make gains last week, breaking the psychological $700 resistance level while altcoins, such as Ethereum and Ripple, experienced large losses, the sharpest such drop in more than 12 months for altcoins. However, the more established altcoins have…
The past week saw the first-ever test of an algorithm associated with Bitcoin’s Lightning Network, which is hailed as a solution to the scaling problem, by French startup ACINQ. Also, Initial Coin Offerings (ICO’s) are heating up; ICONOMI successfully raised…
Bitcoin and Ethereum’s emerging maturity was the main theme last week, with the Winklevoss twins daily bitcoin auction already into its fifth day and Spanish banking giant Santander stated their intention to link the Ethereum blockchain to their bank accounts,…
Compiled from contributions by Alexander Lielacher, Jamie Holmes, Joseph Young, JP Buntinx, Michael Scott and Nigel Dollentas. Santander sees Bitcoin as a Risk to Card Issuers A recent report issued by Spanish banking giant, Santander, highlights Bitcoin’s benefits over typical…
Compiled from contributions by JP Buntinx, Michael Scott, Jamie Holmes and Joseph Young. Apple Rejects Jaxx’s DASH Integration Shortly after Jaxx’s announcement that it would be supporting DASH in its multi-platform wallet, Jaxx CEO Anthony Di Iorio informed the…
Compiled from contributions by JP Buntinx, Jamie Holmes, Michael Scott, Joseph Young and Nuno Menezes. Major Banks to Mint Their Own Virtual Currency Last week saw the emergence of ‘utility settlement’ coin, which will run on distributed ledger technology…