Sunday, May 12 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) holds over the $7,000 mark. Market visualization courtesy of Coin360 Bitcoin is down about 1.5 percent on the day, trading at $7,040 at press time, according to CoinMarketCap. Still, BTC is also over six percent down from its mid-day high of $7,500. Looking at its weekly chart, the coin is up nearly 23%. Bitcoin 7-day price chart. Source: CoinMarketCap Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at …

Saturday, May 11 — most of the top 20 cryptocurrencies are reporting major gains on the day by press time, as bitcoin (BTC) breaks the $6,900 mark. Market visualization courtesy of Coin360 Bitcoin is up over eight percent on the day, trading at $6,950 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up nearly 22%, surging in price since the end of the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $20.8 billion. The second-largest altcoin, XRP, …

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 has been the main attraction in the past week, as it has scaled every stiff hurdle with ease. The rally has helped its market dominance hit levels not seen since December 2017. After a long time, the traders have focused on the positives and have disregarded the negative news. This shows that …

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. Bitcoin has been crossing every overhead resistance with ease. A few months back, the question troubling analysts was where Bitcoin would bottom out, but now the analysts are wondering how long the recovery can last. Noted Bitcoin bull Galaxy Digital CEO Michael Novogratz expects a new high within the next 18 months. VC investor …

Thursday, May 8 — after a brief market falter yesterday following the $40 million hack of major crypto exchange, crypto markets are showing resilience, with bitcoin (BTC) rallying above the $6,000 mark, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin is outperforming all of the other top ten cryptocurrencies and has seen 3.4% growth on the day to break back above the psychological price point of $6,000 — for the first time in almost six months (Nov. 14, 2018). To press time, the top coin is trading at $6,086, according to CoinMarketCap. The bullish rally has sealed a …

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. Hackers have breached the security cover of one of the largest cryptocurrency exchanges, Binance and stole 7,000 bitcoins from the hot wallet of the exchange. Binance has said that it will provide for the loss with its Secure Asset Fund for Users. However, this shows that even the best exchanges, with top-notch security, can …

Wednesday, May 8 — having just broken new 2019 highs, crypto markets have tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Virtually all of the top 20 cryptocurrencies are down up to 9%, yet most losses remain mild, as Coin360 data shows. Market visualization courtesy of Coin360 Despite being the cryptocurrency stolen in the Binance hack, bitcoin (BTC) is itself showing resilience, and is down a fractional 0.9% on the day to trade at $5,882 by press time, according to CoinMarketCap. After a bullish rally to brush the $6,000 mark yesterday, the top …

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. Though institutional players have been dabbling in cryptocurrencies, they are yet to take sizeable positions. This might change with the launch of Bitcoin trading by Fidelity. According to certain sources, the financial giant is only weeks away from offering cryptocurrency trading for institutional clients. While Bitcoin futures trading is already available, an unnamed official …

A single address has been responsible for more than half of the bitcoin cash (BCH) transactions in the past month, according to a tweet by @IamNomad on May 5. According to the Bitcoin Cash Block Explorer, the mystery account has made more than 587,000 transactions since it became operational on April 8 of this year. Many of the transactions are for fractional amounts of BCH and they are made with regularity, with three to four new transactions emerging per second. Overall, the address has received $22,763.06 (80.981 BCH) at press time and has sent $21,546 (76.654 BCH), leaving it with …

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 provided by HitBTC exchange. While markets have looked bullish this week following a sharp surge May 3, traders need to watch out for a correction in the next few days. This pullback will shake out the weak hands and will differentiate between different digital currencies. While some will lose only a part of their recent gains, others will plunge towards …

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. Intercontinental Exchange Inc (ICE) has been loading up on digital assets for its cryptocurrency platform Bakkt, according to its chief executive officer Jeffrey Sprecher. This has helped ICE buy assets at a discount, which would not have happened if the markets were in a bull phase. Sprecher expects Bakkt to start operations later in …

Thursday, May 2 — yesterday’s mild market movements continues, with most of the top twenty cryptocurrencies seeing mild green on the day at press time with typical growth of between 1 and 3%, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up 1.4% on the day and is trading at $5,455 by press time, according to CoinMarketCap. After a bullish spike at the start of its 7-day chart — with a break above the $5,500 mark on April 26 — the top cryptocurrency swiftly saw a sharp tumble down to below $5,200 that same day. Since …