Saturday, Feb. 16: Cryptocurrencies are seeing mild price action, with virtually all of the top 20 coins by market cap seeing fluctuations of within 2 percent in both directions on the day, as data from Coin360 shows. Market visualization by Coin360 Top cryptocurrency Bitcoin (BTC) has seen fractional 0.37 percent growth on the day and is trading at $3,631 to press time, according to CoinMarketCap data. On its 7-day chart, the coin has jaggedly traded downward from an intraweek peak of almost $6,700 on Feb. 11 to a low of $3,610 on Feb. 14 — subsequently recuperating some of its …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. United States banking giant JPMorgan Chase, whose CEO has been one of the most vocal critics of cryptocurrencies, has announced the launch of its own cryptocurrency, named “JPM Coin.” This clearly shows that many criticize the technology as they do not understand it, but once they realize its potential, they readily become a part …

Top five Cryptocurrency exchange OKEx has launched support for Thai baht-crypto trading on its client-to-client (C2C) platform, a press release shared with Cointelegraph on Feb. 14 reveals. According to the press release, currently only Bitcoin (BTC), Tether (USDT), Ethereum (ETH) and Litecoin (LTC) can be traded with the Thai baht on the exchange’s peer-to-peer platform. The exchange first announced that it would be adding support for the fiat currency in a post on Jan. 23. The post was also dedicated to recruiting merchants for the new market. In the same press release, the crypto exchange also announced that it had …

Privacy coin Beam (BEAM) has announced that it plans to introduce a Mimblewimble-compatible lightning network (LN), according to an paper published by Beam on Feb. 12. Beam’s main goal for implementing the Lightning Network, which would allow for a second-layer scaling solution for quick transfers on value off-chain, is to enhance the altcoin in commercial settings where payments would require quick confirmation. While Beam’s paper states that their transaction capacity is three times faster than that of Bitcoin’s (BTC), the paper notes that it is not at the same level as other major payment processors. There is no set timeline …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. During a bull phase, any amount of supply is easily absorbed as the traders are keen to buy on every dip. However, when the sentiment sours and the price fails to stage a recovery, most traders become sellers. While it is difficult to pinpoint a single reason for the prolonged fall of the …

Wednesday, Feb. 13: Cryptocurrencies are seeing tempered price action overall. With a few notable exceptions, most of the top 20 coins by market cap are fluctuating 2 percent in either direction on the day, as data from Coin360 shows. Market visualization by Coin360 Top cryptocurrency Bitcoin (BTC) has seen virtually no price change on the day and is trading at $3,628 to press time, according to CoinMarketCap data. On its 7-day chart, the coin is up 6.5 percent after a spike on Friday, Feb. 8, when Bitcoin soared by almost $300 in value. On the month, the coin has come …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bakkt recently completed its first acquisition of certain assets of futures commission merchant Rosenthal Collins Group (RCG). The much-awaited digital asset platform is expected to launch later in the year, according to Jeff Sprecher, CEO of the Intercontinental Exchange (ICE). Many expect institutional participation to increase with the launch of Bakkt. Ex-hedge fund manager …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Over the past few days, we saw individual cryptocurrencies charting their own course, deifying the absolute leadership of Bitcoin (BTC). Tron (TRX) and Binance Coin (BNB) are two of the major cryptocurrencies that leaped ahead while Bitcoin continued to languish in a tight range. This shows that the traders are not waiting for …

Friday, Feb. 8 — Bitcoin (BTC) has broken the $3,600 price point, with all of the top 20 digital currencies making significant gains on the day, according to data from Coin360. Market visualization from Coin360 In the middle of the day, BTC spiked above the $3,450 mark and at press time the leading cryptocurrency is trading at around $3,640, making a 7.03 percent percent upturn over the day. On its weekly chart, BTC started the week at around $3,493 on Feb. 1, dipping as low as $3,398 on Feb. 7. Bitcoin 7-day price chart. Source: CoinMarketCap The daily Bitcoin (BTC) …

The Litecoin (LTC) Foundation has partnered with software development firm Beam to explore the implementation of a new protocol that would improve privacy and scalability. The news was reported in a Beam Medium blog post Feb. 7. The new protocol, dubbed “Mimblewimble” — a fictional tongue-tying curse from the popular Harry Potter novels — is reportedly being tested for use in conjunction with the scalability solution “Extension Blocks.” The Beam blog post states: “We have started exploration towards adding privacy and fungibility to Litecoin by allowing on-chain conversion of regular LTC into a Mimblewimble variant of LTC and vice versa. …

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Analysts are projecting various lower levels on Bitcoin where they anticipate it to bottom out. The number ranges from below $2,000 to about $2,500. Investment and analysis firm Fundstrat Global Advisors, which till a few months back was projecting a target of $15,000 on Bitcoin, has come up with a likely bearish target of …

Friday, Feb. 8 — most of the top 20 cryptocurrencies are reporting slight to noteworthy gains on the day by press time, with Bitcoin (BTC) breaking the $3,450 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up three-quarters of a percent on the day, trading at around $3,462, according to CoinMarketCap. Looking at its weekly chart, the current price is just over half of a percent lower than $3,484, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Top altcoin Ripple (XRP) gained over 2 percent in value …