Market Insights

Copper's Weekly Update - 11 February 2019

Looking back at last week’s biggest news, including price analyses for BTC, ETH, and XRP.

Copper

11.02.2019

Highlighting what went right, and what went wrong, in this week’s crypto news analysis.

A short but sharp bounce to the market late on Friday appears to be holding, giving hope to many that the nearly year long downward trend line might soon reverse.

Meanwhile, the start of 2019 has been filled with new laws ranging from full-on frameworks as in Wyoming and Malta, to smaller forays such as New Hampshire’s bill that would allow state residents to pay taxes in crypto.

Below we have our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.

Latest Industry News

Crypto’s home on the range

  • A new bill in Wyoming sets out a definitive framework for what digital assets are under State law
  • Deeming them intangible property confers a specific legal treatment, which could draw business to the state. Or not…

Read More

Bakkt delays revealed on ICE earnings call

  • Intercontinental Exchange revealed on their Q4 earnings call that Bakkt’s expected run rate for 2019 will exceed $20m
  • The digital asset exchange was meant to be open in Feb, but that has been delayed pending further consultation with the CFTC

Read More

SEC Commissioner hints at bitcoin ETF

  • While no application has so far come close to sufficiently protecting investors from the potential for market manipulation
  • At least one commissioner thinks there will be an application that gets approved once the liquidity issues are solved

Read More

Latest Coin News

BTC

  • Price analysis
  • Ongoing feud over missing bitcoin strikes another blow to
  • Is the bear really dead?
  • seems to think so

ETH

  • Price analysis
  • Vitalik Buterin highly critical of TRON and EOS, ‘
  • What are
  • , and why are they with $15m?

XRP

  • Price analysis
  • Binance confirms future partnership with
  • is definitely happening
  • MEP Eva Kaili discusses her recent
  • , seeking clarity on crypto markets

 

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