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. The uncertainty regarding regulators is keeping the upside in check. However, improving fundamentals have made a floor below a few major cryptocurrencies. The rest are lagging behind and might drop to new yearly lows. This shows that markets have started to differentiate between the altcoins. Hence, traders should buy the altcoins that will lead …

Sunday, July 28 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, at the same time that Bitcoin (BTC) fell below the $9,600 mark. Market visualization courtesy of Coin360 Bitcoin is currently down by 5.2% on the day, trading at $9,538 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 12.68%. Bitcoin 7-day price chart. Source: Coin360 The Bank of China, one of the four biggest state-owned commercial banks in the country, recently released an infographic on its website illustrating what Bitcoin (BTC) is, how it …

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. The sentiment in the crypto space is fragile. Even a whiff of negative news or rumor results in sharp selling. The markets are ignoring the favorable news and are focused on negative news and events. However, at lower levels, we expect the institutional players who had missed out on the previous rally to start …

The emergence of blockchain technology has undoubtedly altered the course of global digital payment development. With the likes of Ripple and Facebook’s Libra challenging the monopoly of banks and other financial institutions, mainstream players like SWIFT, Visa and Mastercard have been forced to seek significant improvements to the legacy system. Moving forward, the burning issue appears to be relevance. Blockchain systems run on the premise of replacing the legacy system with a more secure and efficient payment infrastructure. The mainstream players seem forced to face the quintessential evolutionary puzzle of “adapt or die out.” Like in every technological race, competitors …

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. A new study by digital asset management fund Grayscale Investments shows that 83% of American investors are likely to invest in Bitcoin. Another interesting finding was that the average age of Bitcoin investors was 42. This means that even traditional investors are allocating some portion of their portfolio to cryptocurrencies. As the markets mature, …

The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar. The pilot service will reportedly enable crypto holders to convert Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP and EOS to cash in one of the Croatian Post’s local offices, according to an announcement by the postal service on July 24. The exchange pilot is currently available at three post offices in Zadar in order to gauge market interest in the service. The Croatian Post ultimately aims to spread the service to major cities and tourist centers throughout Croatia. According …

Brad Garlinghouse, CEO of blockchain and crypto firm Ripple, is concerned about potentially stricter regulation for the digital currency industry that could result from Facebook’s not-yet-issued Libra stablecoin. Garlinghouse delivered his comments in an interview with Fortune on July 25. Garlinghouse said, "You just want to make sure that you don't get caught in the crossfire. It is important to me that when regulators start asking questions that they don't lump us into one big bucket." Libra helped XRP increase the number of contracts However, in an interview at Fortune Brainstorm Finance conference in June, Garlinghouse said that a cryptocurrency …

Ripple, the company behind XRP, the third-largest cryptocurrency by market cap, has revealed that it sold $251.51 million in XRP in the second quarter of 2019. Ripple published its Q2 report on July 24. According to the report, Ripple sold approximately $169.42 million in XRP during Q1 2019. This means that quarter-to-quarter, XRP sales increased by approximately 48%. In relation to its quarterly XRP sales, the report states that Ripple will subsequently decrease future token sales substantially. Additionally, Ripple noted that it restricted XRP sales during the quarter due to purportedly inflated trading volumes. As such, the report says that …

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. The crypto community was divided after United States president Donald Trump tweeted against cryptocurrencies. Some speculated that a ban by Trump can be detrimental to the asset class. However, Binance CEO Changpeng Zhao believes that if Trump were to ban digital currencies, it will only lead to increased number of citizens wanting to buy …

The amount of Bitcoin (BTC) that has not been moved for at least five years is at an all-time high, reports cryptocurrency data website Coinmetrics on July 23. Is hodling currently at its highest? Per the report, the amount of BTC held in a single address unmoved for at least five years recently reached its all-time high. More precisely, on July 19, the number of coins meeting this requirement reached 3,847,859 BTC. Coinmetrics claims that this suggests that Bitcoin is increasingly becoming a store of value, as opposed to a medium of exchange. Coinmetrics further calculated that the previously specified …

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. Regulators and politicians around the world, barring a few, continue to hound Facebook’s Libra coin. European Central Bank board member Benoit Coeure said that Libra will not be allowed to launch until it guarantees safety for its users. Damian Collins, a senior official at the British Parliament was even more aggressive of the project …

The Society for Worldwide Interbank Financial Telecommunications (SWIFT) announced a successful trial of instant cross-border transfers in Asia in a press release published on July 18. Fast or FAST enough? Per the release, the trial performed instant payments between 17 banks located in Australia, China, Canada, Luxembourg, The Netherlands, Singapore, and Thailand, taking up to 25 seconds, with the fastest taking 13 seconds. The tests involved communication between SWIFT’s Global Payments Innovation (GPI) instant payment platform and Singapore’s domestic instant payments solution, FAST. SWIFT also explains that its GPI instant system uses existing payments infrastructure, this is expected to result …