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 HitBTC. The sentiment in cryptocurrencies turned sour following opposition to Facebook’s Libra project. However, Facebook co-founder and CEO Mark Zuckerberg said during a recent conference call that the company will address all the concerns of the regulators “and then figure out what the best way to move forward.” However, Brad Garlinghouse, CEO of Ripple, fears that the …
Thursday, July 25 — the crypto markets are seeing a strong surge of green, with altcoins posting the strongest gains and Bitcoin (BTC) breaking back above the psychological price point of $10,000. Market visualization. Source: Coin360 Having dropped to a four-figure price point in recent corrections, BTC is today up a solid 3.2%, bringing it to $10,075 by press time. While still short of its intra-week high of over $11,000 (July 21), today’s recovery has brought the coin to a circa 4% gain on its 7-day chart. In an interview on the podcast Unchained this week, Pantera Capital founder Dan …
Chinese blockchain platforms Ontology and NEO are partnering to create an interoperable protocol in a bid to spur development of the next-generation internet. A press release shared with Cointelegraph on July 18 revealed that the two blockchain firms intend to build an open, global cross-chain platform based on an interoperability protocol that would harness both companies’ strengths. In reorienting the focus of their respective strategies to the task of full-fledged interoperability, NEO will work to develop protocols and components that can support a full spectrum of digital assets and Ontology will continue to build out its decentralized identity framework. Key …
Sunday, July 14 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $10,400 mark. Market visualization courtesy of Coin360 Bitcoin is currently down by over 9% on the day, trading at around $10,392 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 7.23%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $24.8 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $12.8 …
Tuesday, July 2 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) hovers over the $10,600 mark again. Market visualization courtesy of Coin360 Bitcoin is currently up by about half of a percent on the day, trading around $10,649 at press time, according to Coin360. Looking at its weekly chart, the coin is down by about 3.63%. Bitcoin 7-day price chart. Source: Coin360 According to a recent report from equity research platform Seeking Alpha, Facebook’s new cryptocurrency project really can boost Bitcoin. Ether (ETH) is holding onto its position …
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. From being outright dismissive of cryptocurrencies to adopting them, most central banks have come a long way. Research by the International Monetary Fund shows that several countries, both developed and developing, are toying with the idea of launching their own Central Bank Digital Currency (CBDC). While Uruguay has already launched a CBDC pilot …
Wednesday, June 26 — Bitcoin (BTC) has broken the $13,000 price mark, and many of the top-20 cryptocurrencies showing double-digit gains on the day, according to Coin360. Market visualization courtesy of Coin360 BTC broke the $12,000 level earlier today, and has continued surging to trade at $13,252 at press time. The leading coin has gained over 16% on the day. Today, Bitcoin’s market dominance climbed to over 60% for the first time since April 2017. Bitcoin’s recent rally has caused a stir in the crypto community, wherein some of its players have made predictions on its further price dynamics. Today, …
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. For the agile trader, cryptocurrency trading offers a great opportunity to earn huge returns within a short span of time. It is also uncorrelated to other asset classes, hence, it can act as a safe haven investment during an economic crisis. In Brazil, which is reeling under a slowdown and high unemployment rate, …
Saturday, June 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) passed the $11,100 mark. Market visualization courtesy of Coin360 Bitcoin is currently up over 13% on the day, trading around $11,154 at press time, according to Coin360. Looking at its weekly chart, the coin is up over 22%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported earlier today, bitcoin crossed $11,000 in under 24 hours after crossing $10,000. Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at …
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. The total market capitalization of cryptocurrencies had come scaringly close to breaking down below the $100 billion mark in mid-December of last year. At that time, sentiment was very weak and every rally was being sold on. There were talks of cryptocurrencies never seeing their lifetime highs again. However, fast forward seven months …
Friday, June 7 — after recent shaky sentiment, the crypto markets are today back firmly in the green, with bitcoin (BTC) breaking back above the $8,000 mark, as Coin360 data shows. Market visualization courtesy of Coin360 Having bullishly surged above the psychological price point of $9,000 in May, bitcoin has since seen significant corrections — briefly trading below $7.600 on June 6. To press time, the top coin is seeing solid green, breaking back above $8,000 to trade at $7,003 — up roughly 1.8% own on the day, according to CoinMarketCap data. On the week, the cryptocurrency’s losses remain at …
Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4. The new algorithm purportedly provides immediate transaction finality. dBFT 2.0 includes a new procedure for reintegrating failed nodes back into the network, and also adds a “commit phase” of consensus, which alleviates forking issues by including a step that forces node assignment to new blocks. The consensus mechanism dBFT reportedly differs from the ones for top cryptocurrency blockchains Bitcoin and Ethereum because of this commit phase. For Bitcoin, the …