Bitcoin (BTC) saw a sudden surge Dec. 18 to regain support at $3,500, sparking a fresh round of gains across major cryptocurrencies. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 confirmed the unexpected reversal in Bitcoin’s fortunes, the largest cryptocurrency having previously traded around 15-month lows. At press time, BTC/USD hovered around $3,516, up 2.5 percent and capping gains of $260 in the past 24 hours. The same date in 2017 marked the second day of all-time highs for the pair, with prices topping $20,000 on some exchanges. Bitcoin 7-day price chart. Source: Cointelegraph The cause 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. In December of last year, market participants were rejoicing as cryptocurrencies led by Bitcoin were soaring. The leading digital currency reached a high of close to $20,000 on Dec. 17 and investors were hoping for even higher levels. A year later, after a massive bear market, the question in every investor’s mind is, can …

Sunday, Dec. 16: the top 20 cryptocurrencies are all in the green, seeing a mix of slight to solid gains, with Bitcoin (BTC) hovering over $3,200. Market visualization from Coin360 At press time, Bitcoin is up a little less than two percent over the last 24 hours. On the weekly chart, the current prices are slightly higher than the lowest point, registered on Dec. 15. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP), the second largest cryptocurrency by market capitalization, gained over two percent in the last 24 hours. It started the day at $0.283 and is currently trading around …

In December 2017, the market participants were eagerly waiting for the total crypto market capitalization to touch $1 trillion. Fast forward to December 2018, and the total market capitalization is struggling to hold on to the $100 billion mark. This shows the complete change in sentiment in the past one year: last year, it was fear of missing out and this year it is fear of losing all the money invested in cryptocurrencies. During extremes of the bull or the bear phase, the markets overshoot and undershoot the technical targets by a large margin. We believe that the decline has …

Saturday, Dec. 15: the top 20 cryptocurrencies report a mix of moderate gains and losses, with Bitcoin (BTC) briefly dipping under $3,200 before climbing back above the price mark by press time. Market visualization from Coin360 Bitcoin started the day around $3,228, but after a mid-day high of $3,275, it fell back to the current price of $3,232, after touching its lowest point of $3,191 earlier today. At press time, Bitcoin is down a fraction of a percent over the last 24 hours. On the weekly chart, the prices in the past two days have been the lowest, down from …

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. A lot of crypto investors have lost a staggering amount of money this year. The total market capitalization of all cryptocurrencies is threatening to break down of the $100 billion mark. Unlike the traditional assets, there is no set standard to arrive at a fair value for cryptocurrencies. Various experts have proposed many different …

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. The market data is provided by the HitBTC exchange. When markets were rising, the novice traders believed they can never go down, and one must only have the courage and patience to HODL. However, after this year’s nerve-racking correction, most of those same traders now believe that the cryptocurrencies are going to zero. They were wrong on the way up, and they …

Cryptocurrency-focused merchant bank Galaxy Digital and Block.One have led a $30 million Series A investment round in U.S. neo-banking platform Good Money. The news was confirmed by a press release Dec. 10. Aiming to balance user ownership with part donation of profits and equity, Good Money provides banking services and a handful of associated financial instruments to U.S. account holders. The investment came mostly via Galaxy and Block.One’s joint Galaxy EOS VC fund, one of several funds under the Block.One umbrella. “Modern banking is a primary driver of so many issues we face as a society - from economic inequality, …

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. November has seen the overall trade volume of retail-focused crypto exchanges drop, while the trade volume of exchanges preferred by larger players has increased instead. After an extended decline, when retail activity drops and institutional activity picks up, a market bottom usually approaches. However, there is still a lack of participation from traditional …

Decentralized apps (DApps) based on the EOS blockchain have lost up to $1 million to hacks since July, Chinese crypto media Blockchain Truth reports Tuesday, Dec. 4. The report cites data by PeckShield, a blockchain security company that monitors different ecosystems. According to the report, the DApps on EOS have seen 27 breaches from July to late November, losing up to 400,000 EOS, or 8 million yuan. As of press time, the amount hacked was worth $800,000 according to the EOS price chart on CoinMarketCap. Nonetheless, Guo Yonggang, an expert cited by Blockchain Truth, believes that most of the attacks …

Sunday, Dec. 9 — The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows. Market visualization by Coin360 After a week of breaking new year-to-date lows, the major cryptocurrency is trading at around $3,650 by press time, up more than 7 percent over a 24 hour period. The coin is still down almost 9 percent on the week and more than 44 percent on the month, according to Cointelegraph’s Bitcoin Price Index. Bitcoin 7-day price chart. Source: Cointelegraph’s Bitcoin Price Index The second-largest …

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 selling in cryptocurrencies dragged the total market capitalization down to about $106 billion on Dec. 7. The crypto market has lost more than 87 percent of its value from the high achieved in late 2017. The latest leg of selling gained traction on the news that the United States Securities and Exchange Commission …