Thursday, June 27 — most of the top 20 cryptocurrencies are reporting significant losses on the day by press time, as Bitcoin (BTC) falls under the $10,800 mark again. Market visualization courtesy of Coin360 Bitcoin is currently down about 19.67% on the day, trading around $10,695 at press time, according to Coin360. Looking at its weekly chart, the coin is up 13.28%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported earlier today, Fundstrat Global Advisers Co-Founder Thomas Lee suggested that bitcoin’s volatility makes a long-term approach towards investing in it more appropriate for most traders. Ether (ETH) is holding …

Regulation technology startup Coinfirm will investigate how cryptocurrency Ripple (XRP) is being used, Forbes reported on June 26. San Francisco-based tech startup Ripple, which is largely behind XRP, has signed an agreement with Coinfirm, wherein the latter will explore XRP's compliance with anti-money laundering (AML) provisions. Within the investigation, Coinfirm will reveal information such as whether XRP has been processed by a "mixer" — a technology developed to make transactions more difficult to trace and therefore easier to launder crypto — clustering, which enables a user to send small amounts of currency through many different addresses — as well as …

Singapore-based crypto exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. The news was revealed in an official statement from the exchange published as a twitter thread on June 26. At the time of the breach — 1 a.m. GMT+8 June 27 — the stolen funds would have been worth over $4.5 million in XRP (valued at $0.488) and $237,500 in ADA (valued at $0.095), according to CoinMarketCap data. The exchange states that a purportedly single hacker first “exploited a vulnerability in our Risk Control team's 2nd review process …

Major image hosting platform and meme site Imgur received $20 million from micropayments startup Coil, according to a press release published on June 26 Per the release, as part of the partnership between the two companies, the founder and CEO of Coil and former CTO of Ripple Stefan Thomas will join Imgur’s board of directors. Imgur CEO Alan Schaaf commented: “Coil's technology will open up new opportunities for users to give to one another and support the community in new ways.” The press release explains that Coil’s platform lets users subscribe to other users’ content and use the company’s application …

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. Bitcoin (BTC) has continued with its stellar run as no resistance level is being able to hold it back. It easily covered a distance from $10,000 to $13,000 within five days. This shows massive buying that has seen its market dominance reach 62.1% for the first time since April 2017. The recovery in the …

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. 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 recent rally in bitcoin has turned around sentiment completely. Analysts are projecting a rally to new lifetime highs within the end of this year. Bitcoin Knowledge podcast host Trace Mayer has a target objective of $21,000 based on his analysis. That would entail a move of about 78.5% from the current levels. Though …

Monday, June 17 — Most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as bitcoin (BTC) trades under the $10,700 mark. Market visualization courtesy of Coin360 Bitcoin is currently down over 4.65% on the day, trading around $10,644 at press time, according to Coin360. Looking at its weekly chart, the coin is up over 16%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported yesterday, 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. 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. Bitcoin’s dominance has reached 58.6% and its rally has helped the total market capitalization of cryptocurrencies cross $325 billion. This rise has been backed by an increase in Bitcoin futures open interest that hit an all-time high on the CME on June 17. The recovery from the lows has also helped bitcoin’s hashrate clock …

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 …

Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fortune interview on June 20. In the interview, Garlinghouse outlined the key difference of two major cryptocurrencies, arguing that bitcoin is a store of value or “digital gold,” while XRP is a “bridge currency” that enables an efficient solution for fiat-to-fiat transfers. As such, Garlinghouse cited the difference between bitcoin and XRP in terms of transactions costs, claiming that Ripple can do a transaction for a tiny fraction of a cent while a bitcoin transactions costs roughly $2.30 on …

Monday, June 17 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) passed the $9,300 mark again. Market visualization courtesy of Coin360 Bitcoin is currently up about 2.5% on the day, trading around $9,358 at press time, according to Coin360. Looking at its weekly chart, the coin is up around 12.7%. Bitcoin 7-day price chart. Source: Coin360 Yesterday news broke that the Chicago Mercantile Exchange (CME) Group has released data showing that open interest in Bitcoin futures is rising. Ether (ETH) is holding onto its position as the largest …