Bitcoin (BTC) price fell back below $10,000 on August 1 as markets broadly shook off the first Federal Reserve interest rate cut since 2008. Market visualization. Source: Coin360 Bitcoin doesn’t care about the Fed Data from Coin360 showed the largest cryptocurrency hovering just below the significant barrier once more Thursday, having climbed as high as $10,138 in the past 24 hours. A sudden uptick took BTC/USD $500 higher Wednesday, a move which itself followed a dramatic downturn over the weekend which saw the pair shed $800 in minutes. Bitcoin 7-day price chart. Source: Coin360 The temporary return to $10,000 accompanied …
Tuesday, July 30 — Top cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and XRP are all trading slightly up at press time. Market visualization. Source: Coin360 Bitcoin has been trading between $9,000 and $10,000 this week, and was showing little action on the day. At press time the coin is up 2.37% to trade at $9,652. Squawk Box co-host Joe Kernen predicted on July 29 that Bitcoin could hit $55,000 by the next halving of its mining rewards, which is projected to occur in May 2020. Bitcoin 7-day price chart. Source: Coin360 Top altcoin Ether has had a steady week and is …
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 facing opposition from regulators across the world, Facebook has warned that its Libra project might not see the light of the day. If Libra has to succeed, it has to obtain the necessary approvals from regulators and policymakers, which looks increasingly difficult. With Libra, the adoption and use of cryptocurrencies could have surged …
Bitcoin (BTC) price continued trading around $9,500 July 30 as analysts suggested the end of the month could still provide a fresh move upwards. Market visualization. Source: Coin360 All eyes on futures and 50-day moving average Data from Coin360 revealed little change in Bitcoin’s behavior Tuesday after the largest cryptocurrency suddenly lost $800 over the weekend. As Cointelegraph reported, the downturn caught markets by surprise, BTC/USD dropping from $10,150 to a low of around $9,200. Now, attention is focusing on Bitcoin futures — the end of the month means settlement, something which has traditionally placed downward pressure on the Bitcoin …
Bitcoin (BTC) price dropped $800 in 15 minutes July 27 after a dramatic bearish move destroyed support at $10,000. Bitcoin 24-hour price chart. Courtesy of Coin360 Bitcoin traders eat their wallets Traders were scratching their heads on social media Saturday in the wake of the sudden losses, with BTC/USD crashing from $10,180 to $9,410. At press time, the pair had recovered marginally to circle $9,500, while a lack of obvious factors left commentators struggling to understand the market. As Cointelegraph reported, a return to $10,000 earlier came as a surprise after a similar uptick occurred in a matter of minutes. …
Thursday, July 25 — the crypto markets are seeing a strong surge of green, with altcoins posting the strongest gains and Bitcoin (BTC) breaking back above the psychological price point of $10,000. Market visualization. Source: Coin360 Having dropped to a four-figure price point in recent corrections, BTC is today up a solid 3.2%, bringing it to $10,075 by press time. While still short of its intra-week high of over $11,000 (July 21), today’s recovery has brought the coin to a circa 4% gain on its 7-day chart. In an interview on the podcast Unchained this week, Pantera Capital founder Dan …
Wednesday, July 24 — Most major cryptocurrencies are trading sideways, with a few experiencing minor losses today. Crypto markets are reporting mixed signals as of press time, according to data from Coin360. Market visualization. Source: Coin360 The leading cryptocurrency, Bitcoin (BTC), has been trading under the $10,000 price mark today, having lost almost 4% over the past 24 hours. At press time, BTC is trading at $9,720. Cryptocurrency data website Coinmetrics reported yesterday that the amount of BTC held in a single address unmoved for at least five years recently reached its all-time high. More precisely, on July 19, 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. Market data is provided by the HitBTC exchange. The crypto community was divided after United States president Donald Trump tweeted against cryptocurrencies. Some speculated that a ban by Trump can be detrimental to the asset class. However, Binance CEO Changpeng Zhao believes that if Trump were to ban digital currencies, it will only lead to increased number of citizens wanting to buy …
Wednesday, July 24 -- Bitcoin (BTC) has dipped back below the $10,000 mark as the crypto markets are seeing near-total red. Market visualization. Source: Coin360 Having clung to its five-figure price point in recent days, a 3.2% drop on the day has brought BTC down to around $9.740 by press time. Earlier on its 7-day chart, Bitcoin had dipped as low as the $9,300-400 mark (July 18), before recovering to as high as $11,000 by weekend trading hours (July 21-22). Even as its market performance falters, the cryptocurrency has recently been the subject of much excitement and debate in China …
Bitcoin (BTC) price slid back under $10,000 July 23 after a period of sideways action broke down to send the largest cryptocurrency back to four figures. Market visualization. Source: Coin360 Bitcoin price swirls around five figure mark Data from Coin360 showed BTC/USD trading just below the barrier once again Tuesday, having failed to find support. At press time, the price fluctuated within $50 of $10,000. Previously, the pair traded in a narrow range around $10,300, on Monday dropping to those levels after circling $10,600 over the weekend. The latest downturn marks a repeat of the breakdown seen in Bitcoin last …
Digital currency review platform Crypto Briefing and CoinMarketCap’s Data Accountability and Transparency Alliance (DATA) are jointly launching a new crypto research and analysis product, Simetri. The organizations announced the development in a press release shared with Cointelegraph on July 9. The institutional-grade Simetri is designed to ensure transparency and verifiable order book data from cryptocurrency exchanges, as well as provide in-depth fundamental analysis and unbiased insights into crypto projects. Simetri will be embedded in cryptocurrency profiles on CoinMarketCap’s site. Specifically, Simetri will assess fundamental elements of a project such as its technology ecosystem, utility, development, support, and various other factors …
Several security vulnerabilities have been disclosed by Monero, including one that could have been exploited to steal xmr from exchanges, reports on the breach disclosure platform HackerOne revealed on July 3. The vulnerability theoretically enabled attackers to send counterfeit xmr to an exchange. Once the fraudster’s account was credited, they could then convert it into other coins and make a withdrawal, leaving the exchange out of pocket. Describing the critical breach they uncovered, the lead developer for CUT coin added: “It is our belief that the vulnerability cannot be used to "mint" real, transactable monero out of thin air.” A …