Thursday, May 30 — in the latest milestone of its renewed bull run, bitcoin (BTC) today broke past $9,000, soaring to its highest price point in over a year. Most of the top 50 cryptocurrencies are seeing solid green, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin broke the psychological price point of $9,000 earlier today, hitting a high last seen in early May 2018. To press time, the top coin is up 1% on the day and is trading at $8,802, according to CoinMarketCap data. In recent days, bitcoin had been comfortably trading in the $8,600-800 range. …
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. Instant messaging service Telegram reportedly plans to launch its Telegram Open Network (TON) in the third quarter of this year. It has created a new programming language called Fift, which will help develop and manage TON blockchain smart contracts and interact with the TON Virtual Machine. On the other hand, Facebook is allegedly …
Thursday, May 23 — following a mild correction which began yesterday, crypto markets have today tipped into deeper red with bitcoin (BTC) dropping below the $7,600 mark, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin has sustained a 4.25% correction and is trading at $7,590 by press time. The top coin has seen considerable volatility this week, posting an intra-week low of under $7,100 on May 17 before surging to the $8,250 mark on May 20. Today’s renewed correction has brought bitcoin a 5.24% loss on its 7-day chart. Bitcoin 7-day price chart. Source: CoinMarketCap Largest altcoin by …
Monday, May 20 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) has fallen below the $7.900 mark again. Market visualization courtesy of Coin360 Bitcoin is down over 1.7% on the day, trading at $7,883 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 10%. Bitcoin 7-day price chart. Source: CoinMarketCap As Cointelegraph reported earlier today, strategists from United States banking giant JPMorgan Chase have argued that bitcoin’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. …
Sunday, May 19 — most of the top 20 cryptocurrencies are rebounding to report moderate to notable gains on the day by press time. Bitcoin (BTC) has pushed to just below the $8,000 mark again. The market rebound comes after a sharp correction on May 17 that followed almost a week of massive growth. Market visualization courtesy of Coin360 Bitcoin is about eight percent up on the day, trading at $7,928 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up close to 11%. Bitcoin 7-day price chart. Source: CoinMarketCap As Cointelegraph reported earlier today …
Monday, May 13 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has crossed the $7,400 mark. Market visualization courtesy of Coin360 Bitcoin is up over 5.2% on the day, trading at $7,431 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over more than 22%. Bitcoin 7-day price chart. Source: CoinMarketCap As Cointelegraph reported earlier today, consumer electronics giant HTC announced the future launch of the Exodus 1S smartphone with bitcoin full node capability. Ether (ETH) is holding onto its position as …
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 provided by HitBTC exchange. While markets have looked bullish this week following a sharp surge May 3, traders need to watch out for a correction in the next few days. This pullback will shake out the weak hands and will differentiate between different digital currencies. While some will lose only a part of their recent gains, others will plunge towards …
An indictment has been filed against Afek Zard in Israel over the alleged theft of 74.990.74 Dash (over $9 million) from his roommate, local media News1 reports on April 18. According to CoinMarketCap data, the amount of coins stolen is equivalent to over 0.85% of the total circulating supply of Dash. News1 states that the reported victim, Alexei Yaromenko, was reportedly an early cryptocurrency investor who has accumulated crypto assets since 2013. Yarmolenko reportedly taught Zard about cryptocurrencies and trading them himself before the theft allegedly took place. Per the indictment document filed by attorney Giora Hazan, Zard was in …
Bitcoin (BTC) continues to account for the lion’s share of crypto-denominated ransomware payments, according to Coveware’s Q1 2019 Global Ransomware Marketplace report, published on April 15. The report — reportedly based upon aggregated ransomware data from cases tackled by Coveware’s Incident Response Team — indicates that in Q1 2019 the ransomware landscape saw a sharp increase in the average ransom demanded by threat actors. The average sum — demanded in exchange for the ostensible delivery of a decryptor tool that can help victims recover data after a ransomware attack — rose 89% from a median $6,733 in Q4 2018 to …
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 surge in Bitcoin on April 2 pulled most altcoins northwards. A number of altcoins soared, bringing back memories of the 2017 bull phase. Many altcoins outperformed Bitcoin, which shows that the market participants are accumulating the select beaten down cryptocurrencies at low prices. Does this mark the end of the bear phase …
Digital gift cards and mobile phone refill provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency, Bitrefill announced in a tweet on March 27. Per the announcement, customers can now pay for their bookings with Bitcoin (BTC), Ethereum (ETH), Dash (DASH), Litecoin (LTC), and Dogecoin (DOGE). The card is technically a voucher product, meaning that customers purchase a U.S. dollar equivalent for Airbnb with cryptocurrencies and subsequently receive a voucher code to use on the platform. As such, Airbnb itself does not accept or handle the cryptocurrency. Currently, the service is only available for United States residents …
An increasing trend in cryptocurrency looks set to continue as major proof-of-stake (PoS) projects launch in 2019, industry newsletter Diar noted in its latest weekly digest on March 18. PoS, an algorithm used in many well-known cryptocurrencies such as Eos (EOS), Dash (DASH) and Tron (TRON), is accounting for a rising amount of value in the ecosystem. This year, half a dozen more PoS projects will launch, Diar notes, on the back of the debut effort from Cosmos (ATOM), a PoS project that raised $17 million in its initial coin offering in 2017. Many coins only employ PoS to some …