Bitcoin, Ripple, Ethereum, Stellar, EOS, Litecoin, Cardano, Monero, TRON, IOTA: Price Analysis, Nov. 19
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. After a period of three days, the crypto markets have resumed their downtrend. Total market capitalization of the crypto universe has dipped below $170 billion, which is a new yearly low. Following the increase in volatility and the renewed downtrend, some analysts have projected abysmally low prices for Bitcoin. When the sentiment is negative, …
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. This week, the focus was on the Bitcoin Cash (BCH) hard fork and the ugly bickering between the warring factions. This led to a dent in the sentiment, and many believe this to be the reason for the sudden drop in crypto prices on November 14. The fall has been severe and has …
Engineering and electronics manufacturer Bosch has partnered with IOTA, integrating its new data collection Internet of Things (IoT) device with the decentralized IOTA Data Marketplace, according to a tweet from Bosch Nov. 12. The IOTA Marketplace is a decentralized data marketplace where parties can buy or sell access to active data streams, using MAM (Masked Authenticated Messaging). According to a post on Bosch’s blog, MAM is a second-layer data communication protocol that allows for data to be shared peer-to-peer securely via an encrypted channel. Data subscribers can in this way “trust the source and integrity of data even though the …
Monday, Nov. 12: crypto markets are seeing a wave of stability, with most major assets seeing low-level fluctuations both red and green, with just a few exceptions, as data from Coin360 shows. Market visualization. Source: Coin360 Bitcoin (BTC) is up around 0.85 percent, trading around $6,354 at press time. After a period of protracted stability, the top coin saw a recent spate of downwards momentum and has been trading beneath $6,400 for the past several days. After an intra-week low of $6,307 yesterday, Nov. 11, Bitcoin has stemmed its losses and pushed back above the $6,350 mark. On the week, …
The Germany-based IOTA Foundation will integrate IOTA tokens with Ledger’s hardware cryptocurrency wallets, according to a press release shared with Cointelegraph Nov. 2. The IOTA Foundation is a non-profit organization that supports the development and standardization of distributed ledger technology (DLT) and is focused on building ecosystems around IOTA in order to facilitate its commercial adoption. As of November 2017, the Foundation reportedly owned $255 million in tokens as foundation funds, $22 million as the ecosystem fund, and $20 million as unclaimed IOTA from the crowdsale. After the integration with the IOTA Trinity and Romeo wallets, the Ledger Nano S …
Sunday, Oct. 28: crypto markets have seen some minor fluctuations, with most of the top 20 coins by market cap seeing price changes within 1 percent over the past 24 hours, according to CoinMarketCap. The total market capitalization has remained hovering below $210 billion over the day. Market visualization from Coin360 Bitcoin (BTC) is slightly up 1.7 percent and trading at $6,483 at press time, according to CoinMarketCap. Following reports on Bitcoin hitting 18-month lows of volatility, the major cryptocurrency is seeing insignificant price fluctuations over the past 7 days, down around 0.6 percent over this period. Bitcoin 30-day price …
Thursday, Oct. 18: Crypto markets are seeing continued stability, with few of the major cryptocurrencies budging in price, as Coin360 data shows. Market visualization by Coin360 Meanwhile, Tether (USDT) has seen marked movement for a “stablecoin.” Having slipped from its U.S. dollar peg to trade well below its historical price range last week, the asset has today seen around 0.7 percent growth as it stakes an attempted recovery. Bitcoin (BTC) is trading at $6,545 at press time, seeing negligible price change on the day according to CoinMarketCap. Despite a short-lived spike Oct. 17, which correlated with Tether’s price drop, Bitcoin …
Tuesday, Oct. 16: Crypto markets are seeing some stability today following yesterday’s market upsing, with virtually all of the major cryptocurrencies seeing only minor price changes, both red and green, as of press time. Tether (USDT) has meanwhile seen a recovery, having yesterday slipped from its U.S. dollar peg to trade well below its historical price range, briefly dipping as low as $0.925. Market visualization by Coin360 Bitcoin (BTC) is trading at $6,580 at press time, down close to 1 percent on the day, according to CoinMarketCap. During a short-lived spike yesterday, which correlated with Tether’s price drop, Bitcoin traded …
Monday, Oct. 15: Crypto markets are seeing solid growth, with virtually all of the major cryptocurrencies seeing green as of press time. An outlier in the space is “stablecoin” Tether (USDT), which has today lost its U.S. dollar peg and is trading well below its historical trading range as of press time. Market visualization by Coin360 Tether is currently trading at around $0.96, down about 3.05 percent on the day, according to CoinMarketCap. Although reasons for the USDT price plunge are not confirmed, there have been reports of an alleged loss of market trust leading to a possible sell-off: yesterday, …
Friday, Oct. 12: after yesterday’s carnage, crypto markets are seeing some relative price stability. The top cryptocurrencies by market cap are seeing mild movement, both red and green. Market visualization by Coin360 Bitcoin (BTC) has has seen little price action on the day, and is up 0.5 percent to trade at $6,318 as of press time. Ater a strong week of sustained trading around $6,600 – briefly trading as high as almost $6,670 Oct. 8 – the top coin took a plummet yesterday, hitting as low as $6,201. On its weekly chart, its cliff-like performance yesterday has brought Bitcoin down …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, October 5
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. 2017 was about large range days and superlative returns in cryptocurrencies. 2018 is about a crushing bear market and a sharp drop in volatility. Bitcoin’s volatility is at year-to-date lows and most altcoins have followed suit. While flat markets are despised by speculative traders, it is a good time to make an investment for …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, October 3
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. Investment firm Tiger Global is “finishing negotiations” to buy a stake worth about $500 million in one of the largest U.S. crypto companies Coinbase, at a reported valuation of around $8 billion. Tiger is a reputed firm led by savvy investors, hence this investment might grab the attention of other hedge funds, some …