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. Panic has set in the cryptocurrency markets as investors dump their holdings at every opportune moment, fearing even larger losses. Usually, such selling sprees end with a bottom formation. The current sentiment in the crypto space is exactly the opposite to what it was in December 2017. At the peak of the prices, …

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. Turkey is facing a crisis as its national currency is plunging. The 10-day volatility of the lira relative to the U.S. dollar has surpassed that of Bitcoin (BTC). President Recep Tayyip Erdogan has been urging the people of Turkey to exchange their dollars and gold for lira, The Guardian reports. However, it appears …

Bitcoin.com CEO Roger Ver has hinted his publication may launch an ICO as he unveiled a new tool allowing developers to issue tokens on the Bitcoin Cash blockchain in a Bitcoin.com video August 11. Together with one of Bitcoin.com’s lead developers Corbin Fraser, Ver hinted in the video at that the advent of the Wormhole Cash protocol, which allows for token creation on Bitcoin Cash, would afford new possibilities. “For better or worse, ICOs and CryptoKitties are probably coming to Bitcoin Cash in the near future,” Fraser had said, to which Ver responded: “They’re probably coming to Bitcoin.com, too. We’ve …

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. Just a few days back we were discussing whether cryptocurrencies have entered a bull phase. Now, after the recent slump in prices, analysts are predicting a huge fall on Bitcoin (BTC). Bloomberg Intelligence analyst Mike McGlone believes that Bitcoin will plunge to last year’s average level of $4,000. Jeff deGraaf, head of technical …

On July 31, a Chinese Bitcoin investor sued local crypto exchange OKCoin for allegedly blocking him from getting his Bitcoin Cash (BCH) after the Bitcoin fork. While the case is new for China, compilations regarding hard forks and exchanges have been amassing since perhaps as early as the DAO incident in 2016. So what happens when you have a coin that is about to be split into two, but you’re holding it on an exchange’s hot wallet? What’s a hard fork? Essentially, a hard fork is a change to the cryptocurrency’s protocol that makes previously invalid blocks/transactions valid — and …

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 U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Bitcoin exchange-traded fund (ETF) proposal by VanEck Associates Corp. and SolidX Partners Inc. The agency is now expected to make a decision by September 30. The delay shouldn’t bother the investors because the ETF proposal has not been rejected yet, …

A Chinese Bitcoin (BTC) investor has sued local crypto exchange OKCoin for allegedly preventing him from getting Bitcoin Cash (BCH) after the BTC fork, local news agency Legal Weekly reports July 31. The case is reportedly the first legal action in China that involved last year’s fork of Bitcoin. The investor, known under the pseudonym Feng Bin, filed a lawsuit against OKCoin, accusing the exchange of blocking him from receiving 38.748 BCH that he was due after Bitcoin’s hard fork in August 2017. In the lawsuit, Feng Bin states that he attempted to sell the Bitcoin Cash when the digital …

Commission-free crypto trading app Robinhood has listed Ethereum Classic (ETC), according to an official announcement Monday, Aug. 6. Robinhood customers can also invest in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE), as well as monitor market data for ten other cryptocurrencies. Currently available in 19 states of the U.S., Robinhood crypto trading app was launched in February, 2018, initially listing Bitcoin and Ethereum, and available only in four states. On July 12, Robinhood launched support for Bitcoin Cash and Litecoin, just a few days prior to the introduction of Dogecoin. Robinhood originally intended to operate …

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 crypto world had cheered the prospects of Bitcoin futures trading last year. However, Bitcoin (BTC) prices topped out just as Chicago Board Options Exchange (CBOE) futures began trading. Though not directly responsible for the fall, the futures traders have had an effect on the price, as they shorted the cryptocurrency when it …

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 total market capitalization of cryptocurrencies has dived to about $266 billion from above $300 billion on July 27. Such price swings are a common phenomenon on the cryptocurrency market. However, investment bank UBS believes that instability is a major hindrance to Bitcoin being considered as money. Robert Sluymer, head of technical strategy …

Lawyers representing a group of creditors of the now-defunct Japanese Bitcoin (BTC) exchange Mt. Gox have recently updated their civil rehabilitation plan, according to a statement on the Mt. Gox creditors’ website Aug. 2. In the announcement, the Mt. Gox creditors stated they had revised the basic policy for the rehabilitation plan as of August 1, 2018, in compliance with comments on the previous version of the policy, including from a group of Mt. Gox Legal creditors. The update confirmed that repayments will be made in Bitcoin and Bitcoin Cash (BCH), adding that creditors will be paid back to their …

Thursday, August 2: Bitcoin (BTC) and Ethereum (ETH) are trading around yesterday's levels, while other top 20 coins are seeing notable losses, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is up around 0.3 percent over the past 24 hours and trading at $7,579 at press time after testing a slight rebound today. The top cryptocurrency keeps trading sideways, with an intraday low of $7,451, according to the Cointelegraph Bitcoin Price Index. As Cointelegraph reported in a previous market analysis, if Bitcoin breaks $7,750 resistance, the move can extend to further to $8,400. Bitcoin 24 hours price …