Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6. Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely the largest consumer giveaway ever,” suggesting that airdrops are “a great way to drive decentralization and adoption for new networks.” The firm underscores that the benefit of crypto airdrops for consumers are that they are able to “test, trade, and transact” unfamiliar crypto assets without …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, November 5
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. We are into the final two months of the year, which have historically proven strong for Bitcoin. So, will the markets rally from current levels by the end of December? During a recent simulation of three econometric models by Greg Giordano and Panos Mourdoukoutas, two models pointed to a rally at current levels, while …
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. Bitcoin (BTC) turned ten on Oct. 31, but there were no fireworks to mark the celebrations: the cryptocurrencies continue to trade in a tight range. Arthur Hayes, CEO of BitMEX, believes that the current period of low volatility can remain for another 12 to 18 months and can drag the price of the …
Saturday, Nov. 3: crypto markets have seen mixed signals over the day, with most of the top 20 cryptocurrencies by market cap experiencing. slight fluctuations. Bitcoin Cash (BCH) and Stellar (XLM) are seeing significant gains on the day of more than 3.5 percent, according to CoinMarketCap. Market visualization from Coin360 Following a slight price rebound, Bitcoin (BTC) has failed to foothold the $6,400 price point today. The major cryptocurrency is down around 0.4 percent over the past 24 hours and is trading at around $6,348 at press time. The intraday high of Bitcoin’s price has amounted to $6,400, while the …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, November 2
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 inflows to crypto investment firm Grayscale have topped $330 million year-to-date, which is the highest since the firm started operations five years ago. A breakdown of the investor profile shows that a major chunk of the money came from the institutions, which is of note given the prevailing bearish sentiment throughout the year. …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 31
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. Bitcoin’s White Paper was published ten years ago, today. From an obscure beginning in 2008, Bitcoin has become a worldwide phenomenon. Thousands of cryptocurrencies have been born since then, but Bitcoin has managed to maintain its relevance. Currently, its dominance over the market is hovering around the 54 percent mark. In the past …
Wednesday, Oct. 31: after a couple of days of mild losses, crypto markets have today stabilized, with most of the top twenty cryptocurrencies by market cap seeing slight fluctuations capped within a 2 percent range. Market visualization by Coin360 On the 10th anniversary of the publication of its white paper on Oct. 31, 2008, Bitcoin (BTC) is today up under one percent, trading just above $6,300 at press time. Before sustaining mild losses Oct. 29-31, Bitcoin had been trading within a tightly range bound between $6,400-$6,500, prompting multiple crypto sphere commentators to remark on its new quasi stablecoin-like trading patterns. …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 29
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. Hackers stole 913 bitcoins from Canadian cryptocurrency exchange MapleChange. Though the exchange was small, repeated news of hacks are a major deterrent to the entry of institutional investors into the crypto industry. Responsible for managing large sums of money, traditional financial organizations are unwilling to take significant risks. Therefore, Fidelity’s entry into the custody …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 26
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. Regulations are a double-edged sword. If utilized correctly, they can infuse confidence among institutional investors but if implemented incorrectly, they can drive away investors. Using traditional methods to regulate a new asset class can lead to disaster. Japan’s Financial Services Agency (FSA) has shown the way, by allowing the Japan Virtual Currency Exchange Association …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 24
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 markets have been consolidating in a small range for the past few weeks. Investors who are currently sitting on the sidelines avoid entering a range bound market, and the volumes have dropped. We expect buying to start after the prices break out of their ranges and a new uptrend begins. The next …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 22
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 Financial Action Task Force (FATF), a global anti-money laundering (AML) supervisory body, will set up rules to monitor cryptocurrencies by June of next year. This is a welcome step that will create uniform regulations and reduce the use of virtual currencies for money laundering and terrorism financing. In 2017 and in early 2018, …
Monday, Oct. 22: markets have taken a slight downtrend after trading sideways last week, with 15 of the top 20 digital currencies by market capitalization in the red, and Bitcoin (BTC) trading around $6,400, according to data from CoinMarketCap. Market visualization by Coin360 The BTC price has been trading in a narrow corridor from $6,372 to $6,730 at its highest point during the day. The leading cryptocurrency has lost 0.45 percent over the last 24 hours, and is trading at $6,483 as of press time. In terms of its weekly performance, BTC has seen a price drop by 0.43 percent, …