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. The article has been updated to reflect a mistake in the name of the Sheikh involved in the crypto funding, who is Sheikh Saeed bin Ahmed Al Maktoum, not Sheikh Ahmed bin Al Maktoum. Cryptocurrencies are struggling to move up, even after having been in a bear market for over a year and …

Disclaimer: This article has been updated to correct an error in the title, as the amount involved is $318 million, not $318 billion. The trustee for the rehabilitation proceedings of defunct cryptocurrency exchange Mt. Gox reportedly sold large amounts of Bitcoin (BTC) and Bitcoin Cash (BCH) on trading platform BitPoint. Cointelegraph Japan reported on the development on Feb. 5, citing leaked data. An unidentified party reportedly sourced information from the legal proceedings involving Mt. Gox at the Tokyo District Court and showed it to Mt. Gox creditor campaign group GoxDox.com. The information, which appears to be incomplete scans of transactions …

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. While some are predicting the end of cryptocurrencies, the co-founder and CEO of Twitter Jack Dorsey has projected a very bullish future for Bitcoin (BTC). During a podcast with Joe Rogan, Dorsey said that he sees Bitcoin as the Internet’s native currency, his point of view later supported by Binance CEO Changpeng Zhao. …

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. CEO of CoinList Andy Bromberg expects 2019 to be a quiet year for cryptocurrencies in terms of price while crypto firms focus on developing products and services that are useful to the public. A few analysts, however, expect the leading digital currency to fall further. With the January’s negative closing, Bitcoin has now fallen …

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. Crypto investors lost about $1.7 billion worth of cryptocurrencies to hackers in 2018. Though prices are down, it has not deterred the criminals. The volume of stolen coins in 2018 was 3.6 times larger than in 2017, according to the report from research company CipherTrace. Hacks are a major problem in crypto 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. Market data is provided by the HitBTC exchange. The trend in crypto continues to be down. After a period of low volatility, cryptocurrencies are again headed south. There are no takers for cryptocurrencies even after such a huge fall because money is moving back into the traditional safe haven, gold, according to Jan Van Eck, CEO of Van Eck Associates. The demand …

Monday, January 28 — Bitcoin (BTC) lost 3 percent and altcoins shed up to one tenth of their value as bearish moves returned to cryptocurrency markets. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 shows a downtrend at the start of the week, with BTC/USD losing support at $3,500. A sudden dip ended what had been a quiet week for the pair, which had remained range bound between $3,500 and $3,670. At press time on Monday, Bitcoin hovered around $3,460, its lowest price since Dec. 16. Bitcoin 4-month price index. Source: Cointelegraph While no single event appeared …

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 highly-anticipated Bitcoin ETF proposal by VanEck and SolidX partners to list on CBOE's BZX exchange was withdrawn on Jan. 23 due to the ongoing government shutdown. VanEck's founder and CEO, Jan Van Eck, told CNBC that they can allay many of SEC’s concerns but they “can’t have meetings when they’re shutdown.” The proposal …

Thursday, Jan. 24 — the top 20 cryptocurrencies are mostly trading sideways with slight losses and gains across the board. Bitcoin (BTC) is currently creeping above $3,600 according to data from CoinMarketCap. Market visualization from Coin360 At press time, Bitcoin is continuing to trade around the $3,600 threshold as it did yesterday. The current price is $3,610, up 0.65 percent on the day. On its weekly chart, Bitcoin is down 1.4 percent from $3,670 on Jan. 17. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) is seeing minor gains on the day, up nearly half a percent at press time …

Stock and crypto trading app Robinhood has received a BitLicense to operate in New York, the New York State Department of Financial Services (DFS) reports on Jan. 24. Robinhood now has permission to trade in seven cryptocurrencies — including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) — in the U.S. state of New York. According to the DFS, Robinhood has additionally been granted a money transmission license. Last summer, anonymous sources reported that Robinhood was in talks to secure a U.S. banking license. The app began allowing zero-fee cryptocurrency trading in February 2018 — with over 1 …

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. Adena Friedman, president and CEO of Nasdaq Inc., believes that cryptocurrencies will have an important role to play in the future, if they can integrate into the economy and find greater practical utility. Clarity on regulations and governance can provide the necessary boost to the nascent asset class. One country that could be …

Cryptocurrency statistics and wallet provider Blockchain.com announced it had launched partial support for Bitcoin SV (BSV) in a blog post Jan. 22. The product of a contentious hard fork of Bitcoin Cash (BCH), BSV has existed since November 15, 2018, but suffered various technical difficulties in the weeks following its creation. Some wallet providers and exchanges were initially skeptical of the new coin, with major exchange Kraken noting BSV had “many red flags” and “should be seen as an extremely high risk investment.” Blockchain.com, formerly Blockchain.info, confirmed Tuesday that users have some of the same options with BSV as with …