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. Mark Dow, a former International Monetary Fund (IMF) economist who had bet short on Bitcoin in December of last year, has tweeted that he has covered his positions. However, Dow also mentioned that he has not opened a long position and has no interest in doing so. Another prominent trader, Mike Novogratz, an ex-Goldman …

Wednesday, Dec. 19 — Cryptocurrency markets continue a fresh rally with Bitcoin (BTC) touching $3,800 and leading altcoins to claw back their latest losses. Market visualization from Coin360 Data from Cointelegraph’s own price index, CoinMarketCap and Coin360 confirms the extended rebound, which began late Monday and continued through Tuesday. After a slight correction, almost all of the top 20 assets by market cap began climbing higher again, with BTC/USD finding support at $3,750. Last week, the pair had dipped as low as $3,130 amid warnings that a much larger fall could be imminent, potentially taking Bitcoin to $1,300 or lower. …

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 …

Teen crypto star Erik Finman has said Bitcoin (BTC) “may have a bull market or two left in it,” but that “long-term, it’s dead,” in an interview with financial news site MarketWatch on Dec. 17. Finman is famous for his precocious investment in Bitcoin back in 2011, when he reportedly bought in — at the age of twelve — at $12 a coin. The high schooler’s $1,000 gift from his grandmother thus became over $4 million during the cryptocurrency’s 2017 all-time price highs. Finman sealed further fame by notoriously winning a bet with his parents that if he became a …

Cryptocurrency markets were showing signs of life today, Dec. 17, but the major focus was on Ethereum (ETH), which passed the price of Bitcoin Cash (BCH) for the first time. Market visualization from Coin360 Data from Cointelegraph’s price tracker, Coin360, CoinGecko and CoinMarketCap confirm the ongoing battle within the top ten altcoin assets, with ETH trading around $90.86 compared with BCH on $88.63 at press time. Previously, BCH had traded above the market price of ETH since its creation in August 2017. Bitcoin Cash/Ethereum 7-day price chart. Source: CoinGecko A contentious hard fork in November caused BCH to split into …

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 …

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 …

Friday, Dec. 14 — Bitcoin Cash (BCH) led fresh losses across cryptocurrency markets as investors in the top 20 twenty assets by market cap shouldered new lows. Market visualization from Coin360 Data from Cointelegraph’s own price index, Coin360. and CoinMarketCap painted a gloomy picture at press time on Friday, with Bitcoin (BTC) dropping about 3.5 percent in 24 hours. Having staved off a move below last week’s current “bottom” around $3,220, BTC/USD has failed to find support much higher and is now circling around $3,300 to cap off an almost 50 percent loss on the month. Bitcoin 7-day price chart. …

Wednesday, Dec. 12 — Cryptocurrency markets have seen moderate gains on the day, with all top 20 coins by market capitalization in the green, according to Cointelegraph’s Coin360. Market visualization from Coin360 Bitcoin (BTC) began the day around $3,414, subsequently reaching its intraday high of $3,534. At press time, the major coin is trading at $3,499, up 2.21 percent over the last 24 hours. Bitcoin daily price chart. Source: CoinMarketCap Today, Cointelegraph reported that the R&D lab at crypto startup TenX has tested the use of its cross-blockchain interoperability protocol to exchange ERC-20 tokens. The goal was to exchange the …

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 …