Report: Discrepancy in Ripple’s Escrow Disclosures | BTCMANAGER

Deviations in Ripple’s escrow disclosure have arisen in a report by Coin Metrics on May 16, 2019. This information came to light less than a month after Ripple released its Q1 disclosure report. On-Chain Analysis Coin Metrics, a data and analytics provider, has found discrepancies in the escrow released on a monthly basis from the Ripple supply pool. The Q4 2018 and […]

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Bitcoin Fatigue at $8,100 Resistance Could Trigger Price Pullback, Says Experts | BTCMANAGER

With bitcoin currency currently sitting at above $8,000, there have been reactions and talks about the coin’s ability to maintain the price level and break through. Speaking on a CNBC panel on May 15, 2019, two analysts predict that bitcoin’s fatigue could possibly cause a price pullback despite its current surge. Bitcoin Price Could Fall Back to $6,000 The current surge in […]

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Former Bitcoin Bubble Proponent Endorses BTC Utility in International Payments | BTCMANAGER

Mark Mobius, co-founder of Mobius Capital Partners believes that bitcoin is becoming increasingly important in the international payments arena even as trade disputes exert more pressure on fiat currencies. Mobius had in the past been part of the “bitcoin bubble brigade.” Trade War Cements Growing Utility for Bitcoin Speaking on Bloomberg’s Daybreak Europe, Mobius declared that the desire for private […]

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Report: Mass Withdrawals from Exchanges Could be Behind Bitcoin’s Price Rally | BTCMANAGER

Citing data from blockchain research firm TokenAnalyst, Bloomberg reported on May 15, 2019, that the current boom in the price of bitcoin (BTC) might just be the consequence of investors withdrawing their holdings from large exchanges due to renewed ambiguity surrounding their financial health. Bitfinex Tether Fiasco Could have Indirectly Pumped the Market The study by London-based blockchain research company […]

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Belfast Coin: Northern Ireland’s Capital Set to Introduce its Own Cryptocurrency | BTCMANAGER

Belfast, the capital city of Northern Ireland wants to issue its own cryptocurrency as the digital currency trend continues to spread, Public Technology reports May 14, 2019. Belfast’s City Council plans to use the cryptocurrency as a way of encouraging residents to patronize local merchants and also to promote a sense of civic duty among the population. Belfast Coin: Combining […]

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Crypto Spring: $8,000 Bitcoin and Consensus 2019 | BTCMANAGER

As Bitcoin moved within $100 of $8,000, many cited the “Consensus effect.” Each year, for the past few, at least, the price of the pioneer cryptocurrency has often jumped a few hundred dollars during the week of the three-day event. As the space appears to be stepping out of a prolonged bear market, investors, commentators, developers, and many others gathered […]

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PayPal May Be Opening Up to Digital Currency | BTCMANAGER

PayPal’s ambivalent stance over the digital currency might be changing as CFO John Rainey has stated that the payment processor has created teams to study both blockchain and cryptocurrency, as reported by Forbes on May 10, 2019. PayPal previously allowed merchants to receive payments in Bitcoin but removed functionality after volatility started surging.   PayPal Open to Digital Currency Research […]

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