Almost all of the top one hundred cryptocurrencies by market cap have seen significant losses within the space of just a few hours today, June 22, as data from Coin360 shows. Market visualization from Coin360 Total market capitalization of all cryptocurrencies has dropped to just under $268.4 billion at press time, dropping a hefty $16 billion on the day. Total market cap of all cryptocurrencies from Coinmarketcap Bitcoin (BTC) is trading around $6,386 at press time, down 7.2 percent over the 24-hour period. The leading cryptocurrency has now reversed a flash three day rally, which saw its price recover to …

Bloomberg Terminal, a paid financial data monitoring service, will now list crypto exchange Huobi's Cryptocurrency Index, according to a press release shared with Cointelegraph today, June 21. Bloomberg Terminal will also list prices for nine crypto trading pairs, denominated in Tether (USDT), including Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP), Dash, EOS, and ZCash. The Huobi 10 Index, designed by the Huobi Group, is calculated using asset classification and a weighted average method to track the performance of the top 10 traded digital assets on Huobi’s exchange. The press release notes that Bloomberg Terminal’s addition …

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 rolling 30-day annualized volatility has declined to about 61 percent from the highs of over 150 percent in 2017. The Blue Line Futures president believes that this is a sign that selling has exhausted, and cryptocurrencies are in a bottoming process. We have also held a similar view for the past few …

EOS has frozen seven accounts compromised by the registration process through phishing scams, according to a Steemit post by EOS42, an EOS block producer (BP) candidate. The news, published on June 17, has led to backlash based on allegations that the BPs have violated their own constitution. After the public learned of the account freezings, crypto enthusiast Nick Szabo referred to the EOS constitution as “socially unscalable and a security hole:” In EOS a few complete strangers can freeze what users thought was their money. Under the EOS protocol you must trust a "constitutional" organization comprised of people you will …

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. Every bear market tests the patience of the investors. The ones who stick around reap the maximum benefits when the new bull market starts. Most retail investors are easily influenced by the wild forecasts and end up buying near the peaks and selling close to the bottoms. Some people that tend to predict …

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Decentralized governance is hard, as we have already learned from the notorious Bitcoin community standoffs. But as the saga around the EOS mainnet’s onerous drag toward going live illustrates, it might be challenging to make things work collegially, even in a quasi-decentralized system where the number of stakeholders is limited. Although the long-anticipated EOS blockchain technically took off on June 10, it was not operational, and its tokens were ‘frozen’ for almost five days. …

A blockchain-based digital asset exchange network has launched a “lightning fast” protocol which is capable of processing more than 60,000 transactions per second. #MetaHash says its protocol, known as #TraceChain, takes no longer than three seconds to approve each transaction. A trial of its geographically-distributed network has begun and a free browser is available on Windows, Linux and Mac OS X platforms, with mobile-based apps for iOS and Android to follow shortly. The company describes #TraceChain as one of the four components that make up its system – coming together to create a “simple, synergistic entity.” Other components include the …

Crypto markets continue seeing mixed signals since last Sunday’s market slump, with four out of the top ten coins on CoinMarketCap in the green today, June 17. Market visualization from Coin360 Total market capitalization of all cryptocurrencies is holding steady from yesterday’s levels around $280 bln, up from a mid-week low of $264 bln. Total market capitalization chart from CoinMarketCap Bitcoin (BTC) is trading at an average of $6,505 at press time, hitting almost exactly the same price point as it did 24 hours ago. Bitcoin price chart from Cointelegraph’s Bitcoin Price Index Ethereum (ETH) is also hovering near yesterday’s …

Top Stories This Week Fundstrat’s Tom Lee Points To Bitcoin Futures As Reason For Price Declines Tom Lee released a report this week that posited that the reason for the falling price of Bitcoin can be linked to the expiration of Bitcoin futures contracts. According to Lee, Bitcoin’s price usually drops around 10 days before the expiration of the futures contract, but then rises again about 6 days after it expires. German Government Doesn’t Think Bitcoin Threatens Financial Stability Officials from Germany’s federal government do not believe that Bitcoin poses a threat to the existing financial structure, as the volume …

The recently launched EOS blockchain has resumed operations today, June 17, after “pausing” due to technical issues on June 16, according to the EOS network monitor. The EOS network monitor is currently showing that EOS block producers (BPs) – the equivalent of miners on the Bitcoin blockchain – are “producing right now.” Yesterday, multiple sources reported an issue with the EOS Mainnet, or blockchain, that led to network operations “freezing” less than 48 hours after officially going live. The blockchain went live just under a week after candidates to become EOS BPs voted to go live on Saturday, June 9. …

Saturday, June 16: after a slight rebound Thursday, crypto markets are experiencing a similarly slight decline, with all of the top ten coins by market cap down by one to three percent in 24 hours to press time. Market visualization from Coin360 Bitcoin (BTC) is down about half a percent over the 24 hour period, trading at $6,530 at press time. The cryptocurrency has seen significant fluctuation this week, coming down from $7,623 June 10 to as low as $6,267 on June 13. Today, the coin has retraced some of those losses. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index …

Less than 48 hours after going live, the EOS Mainnet has “paused,” according to multiple reports on Twitter and a Steemit post by the top 21 EOS block producers (BPs), June 16. While the BPs and “many standby nodes” scramble “to identify and fix the issue,” transactions appear to be ”frozen” on the EOS Mainnet. The cause of the freeze in transactions is still unclear, with the EOS Mainnet Status Update on Steemit claiming to be addressing the issue. EOSUK, one of EOS’ BP candidates, reports that the EOS network monitor currently shows multiple BPs displayed as “red,” meaning that …