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 showed a glimpse of its former self when it skyrocketed by about 20 percent on April 2. With no specific news responsible for the rise, we can only speculate on what caused the sudden spurt in prices. Many theories have been put forth, one being a large order either by an individual trader …

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 has closed in the green for the second consecutive month. This is the first such instance since December 2017, which indicates buying at lower levels. However, right now the action is in altcoins. Traders are piling on select altcoins and the positive sentiment is rubbing on to the leading digital currency. In the …

Top Stories This Week Owner of ICO That Never Happened Attempts to Sell Project on eBay for $60,000 The owner of a crypto-related startup dubbed Sponsy, which never launched its initial coin offering (ICO), is attempting to sell the project on eBay for $60,000. The project is described as a blockchain-related identity that is able to launch both an ICO and a security token offering (STO), with the author of the posting claiming that the project was both audited by an investment firm and approved by several investment banks. Sponsy also claims to have a solid social presence, although its …

The crypto community will have to wait till the second half of May to know the fate of the Bitcoin ETF applications by VanEck and Bitwise, as the US SEC has again delayed its decision. Very few people expect the Bitcoin ETF to see the light of the day in 2019. Hence, even if it is not approved, the impact on crypto prices is likely to be limited. However, if the ETF is approved, it will be a pleasant surprise and will give a major boost to crypto prices. Currently, the recovery is not led by Bitcoin: it is the …

The Ethereum network is losing ground as developers switch to other projects, various experts told Bloomberg on March 28. Ethereum, which debuted in 2015, initially provided a platform on which developers could build decentralized apps (DApps), conduct initial coin offerings (ICOs) and write smart contracts. Many saw it as being the successor to Bitcoin (BTC). According to Bloomberg, developers are now opting for other platforms like EOS and Stellar. In January, only 28 percent of DApps users were on the Ethereum network, while the EOS network saw 48 percent and Tron accounted for 24 percent. Co-founder of hedge fund Multicoin …

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. Market data is provided by the HitBTC exchange. Japan is moving towards regulated crypto exchanges. The Japanese financial regulator, the Financial Services Agency (FSA), has recently approved two entities to begin operations in April. Currently, only about 14 percent of the total 216 crypto exchanges around the world are licensed by regulators, according to the latest report by startup firm Coinfirm. Russian …

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. Various sectors are opening up to the vast potential of blockchain technology. This will result in a 44.5 percent compound annual growth rate in the blockchain space between now and 2025, according to a recent report. Spending in the space will purportedly increase from $3.12 billion to $41 billion in the said period. Still, …

Weiss Crypto Ratings has put Bitcoin (BTC) aside XRP and EOS in its report on emerging trends in crypto markets published Tuesday, March 26. The report — dubbed “Dark Shadows with a Bright Future” — is based on the analysis of 120 cryptocurrencies, and assigns letter grades to cryptocurrencies that have the best combination of adoption and technology. XRP, the world's third largest coin by market capitalization according to CoinMarketCap, is ranked “A,” and per the report is the “best positioned” to compete with SWIFT — a global system for interbank transactions. EOS also received an A grade as the …

Tuesday, March 26 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time, as Bitcoin (BTC) has fallen under $4,000 again. Market Visualization Courtesy of Coin360 Bitcoin is down over a percent on the day, trading at around $3,967, according to CoinMarketCap. Looking at its weekly chart, the current price is over two percent lower than $4,060, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Recently, crypto bull Tim Draper has given advice to the president of Argentina to legalize Bitcoin in order to improve the economic …

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. Мarket data is provided by the HitBTC exchange. During a meeting with the president of Argentina, American venture capital investor Tim Draper spoke about the potential of blockchain and cryptocurrencies. He also urged the president to legalize Bitcoin to help the nation emerge out of the economic crisis. Later, during an interview, Draper said that he expects Bitcoin to reach $250,000 by …

Exchange and social network for investors and traders eToro announced that it has acquired smart contracts development company Firmo for an undisclosed amount. The acquisition was reported in a press release published on March 25. Co-founder and CEO of eToro Yoni Assia is quoted in the announcement explaining that the acquisition will allow the platform to grow its offering of tokenized assets. He also noted: “We believe that in time all investible [sic] assets will be tokenized and that we will see the greatest transfer of wealth ever onto the blockchain.” Per the release, the team of the acquired company …

China has released its latest government-sponsored rankings of major cryptocurrencies on March 22, placing Bitcoin (BTC) in 15th, while EOS keeps its top spot. Tron (TRX) came in second, after overtaking Ethereum (ETH) in February. The crypto rankings by China’s Center for Information and Industry Development (CCID) were first announced in May last year. In this eleventh edition of the index, EOS has remained as the top-ranked blockchain, a place occupied by the platform since June 2018. The eleventh CCID Global Public Chain Technology Evaluation Index puts Tron on the second spot, as did the tenth edition. The ninth edition …