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 bitcoin price surged more than $435 in a matter of 10 minutes early Monday morning (UTC time), likely due to short sellers covering their positions. The resilience of the leading digital currency and the sharp recovery in prices has forced Mark Mobius, founder of Mobius Capital Partners LLP, to change his earlier negative …

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 total market capitalization of bitcoin is close to $200 billion and its market dominance continues to sustain above 62%. This is a positive sign. It shows that market participants expect the rally to continue, hence, they are in no rush to book profits even after a 300% rally from the lows in 2019. …

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. Galaxy Digital founder Mike Novogratz said that he is not selling his Bitcoin the next time it reaches $14,000 because he anticipates the next up move to carry it to $20,000. However, he does not expect the price to reach lifetime highs in a hurry. He is targeting a new lifetime high only by …

Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container exclusively using an interoperable blockchain platform, according to a report by The Maritime Executive on July 1. According to the announcement, the container was tracked via the blockchain platform “DELIVER,” which allowed for the shipment to be instantly financed, fully tracked, and conducted paperlessly. According to Port of Rotterdam CFO Paul Smits, the traditional process of shipping is usually paper-heavy and inefficient: “Currently payments, administration and the physical transportation of …

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. Blockstream CEO Adam Back said in a recent panel discussion that the developments in the crypto space are happening at a much faster pace than the dotcom era. Though numerous new ideas and use cases are being generated on the application of this technology, Back believes we are still in early stages of what …

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. When an asset class jumps 275% within a span of six months, corrections are bound to happen. Bitcoin (BTC) witnessed one such violent correction on June 27. Fundstrat Global Advisers co-founder Thomas Lee said that the hyper volatility of bitcoin is an advantage to the dedicated traders who can take advantage of the volatility …

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 …

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 …

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 …

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. Facebook released the white paper for its cryptocurrency project on June 18. The researchers at Binance research opine that Facebook’s Libra can boost cryptocurrency volume “due to increased accessibility from both institutional players and everyday retail users.” While the researchers have pointed to the huge potential of Libra, they have raised concern that regulators …

Eos (EOS) developer Block.one has paid $30 million in cash to purchase a domain name for its new blockchain-based social media, called “Voice.” The development was revealed in a filing published by the United States Securities and Exchange Commission (SEC) on June 18. According to the SEC filing, submitted by enterprise analytics and mobility software provider MicroStrategy, Block.one’s domain name purchase of “voice.com” was enabled by web domain registrar GoDaddy and concluded on May 30, 2019. In an official statement, Marge Breya — senior executive vice president and chief marketing officer at MicroStrategy — outlined what she believes to be …

This article was updated to reflect that Bitrue has now acknowledged the hack of its platform. Throughout the past six months, seven crypto exchanges have reportedly seen large-scale hacking attacks to the tune of tens of millions of dollars, with the most recent platform to suffer a security breach being GateHub. As the global crypto exchange market continues to see an increasing number of security breaches leading to the loss of user funds, investors may become reluctant to rely on centralized exchanges to store funds. Bitrue hack The month of June was characterized by two unfortunate cryptocurrency thefts. On June …