Friday, Dec. 28 — markets have taken a renewed plunge, with virtually all of the top 100 cryptocurrencies in the red and many high market cap alts seeing losses of between 5 and 12 percent, as data from Coin360 shows. Market visualization by Coin360 Fourth-largest cryptocurrency Bitcoin Cash (BCH) has led the downturn, seeing a steep 12.15 percent loss on the day to trade at $126. Today marks a low-point on the alt’s 7-day chart, at the start of which it was trading over $220. Bitcoin Cash 7-day price chart. Source: Cointelegraph’s Bitcoin Cash Price Index Bitcoin (BTC) has seen …

The Litecoin Foundation will sponsor an event of the Ultimate Fighting Championship (UFC) mixed martial arts organization, according to an announcement published Dec. 26. In the statement, the foundation said that it has become the “Official Cryptocurrency Partner” of the UFC light heavyweight title fight between Jon Jones and Alexander Gustafsson. The Litecoin Foundation stated that the sponsorship is part of its effort to expand the adoption of digital currencies, saying: “With brands and institutions continuing to push into cryptocurrency and blockchain, this is yet another signal of this technology moving closer towards the mainstream.” Litecoin (LTC) was released in …

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. 2018 has not been a profitable year for most asset classes. Tightening interest rates by the United States Federal Reserve, slowing growth, trade wars and fears of a recession have led to a sharp slump in various markets. Leading crypto companies like Beijing-based Bitmain Technology, the world’s biggest producer of cryptocurrency mining rigs, and …

Wednesday, Dec. 26 — crypto markets are tentatively recovering after hefty losses hit all major cryptocurrencies yesterday on Christmas Day. All of the top 10 coins by market cap are seeing mild losses or gains of within a three percent range both red and green, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) has seen negligible price change over the 24 hours before press time, and is currently trading around $3,804. After a steep price dip yesterday, the coin is stemming further losses and is holding at a price change close to the start of its weekly …

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. Christmas has brought some cheer to the crypto traders. The total crypto market capitalization has spiked by about 29 percent from just under $101 billion on Dec. 15 to $143 billion on Christmas Eve. Though it is still way below its all-time-high, the growth over the past few days is showing signs of …

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. Making correct predictions is a difficult skill, even more so when it comes to cryptocurrencies. Many analysts were caught on the wrong foot with their overly bullish projections for 2018. One of the most popular analysts, co-founder of Fundstrat Global Advisors, Tom Lee, has said that in a note to clients he “will …

Major cryptocurrency exchange and wallet Coinbase recently made what it claims is the largest transfer of crypto on record, a company blog post reports Dec. 19. According to the post, 5 percent of all Bitcoin (BTC), 8 percent of all Ethereum (ETH), and 25 percent of all Litecoin (LTC), along with “many other assets” were moved to new cold storage infrastructure in what the firm “believe[s] is the largest crypto migration on record.” Coinbase reports that last week, the firm “completed an on-blockchain migration of approximately $5 Billion (as valued the week ending Dec. 7, 2018) of cryptocurrency from Generation …

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. Mark Dow, a former International Monetary Fund (IMF) economist who had bet short on Bitcoin in December of last year, has tweeted that he has covered his positions. However, Dow also mentioned that he has not opened a long position and has no interest in doing so. Another prominent trader, Mike Novogratz, an ex-Goldman …

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. In December of last year, market participants were rejoicing as cryptocurrencies led by Bitcoin were soaring. The leading digital currency reached a high of close to $20,000 on Dec. 17 and investors were hoping for even higher levels. A year later, after a massive bear market, the question in every investor’s mind is, can …

Cryptocurrency markets were showing signs of life today, Dec. 17, but the major focus was on Ethereum (ETH), which passed the price of Bitcoin Cash (BCH) for the first time. Market visualization from Coin360 Data from Cointelegraph’s price tracker, Coin360, CoinGecko and CoinMarketCap confirm the ongoing battle within the top ten altcoin assets, with ETH trading around $90.86 compared with BCH on $88.63 at press time. Previously, BCH had traded above the market price of ETH since its creation in August 2017. Bitcoin Cash/Ethereum 7-day price chart. Source: CoinGecko A contentious hard fork in November caused BCH to split into …

Sunday, Dec. 16: the top 20 cryptocurrencies are all in the green, seeing a mix of slight to solid gains, with Bitcoin (BTC) hovering over $3,200. Market visualization from Coin360 At press time, Bitcoin is up a little less than two percent over the last 24 hours. On the weekly chart, the current prices are slightly higher than the lowest point, registered on Dec. 15. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP), the second largest cryptocurrency by market capitalization, gained over two percent in the last 24 hours. It started the day at $0.283 and is currently trading around …

In December 2017, the market participants were eagerly waiting for the total crypto market capitalization to touch $1 trillion. Fast forward to December 2018, and the total market capitalization is struggling to hold on to the $100 billion mark. This shows the complete change in sentiment in the past one year: last year, it was fear of missing out and this year it is fear of losing all the money invested in cryptocurrencies. During extremes of the bull or the bear phase, the markets overshoot and undershoot the technical targets by a large margin. We believe that the decline has …