August 22: The crypto markets are seeing a second flush of green, with virtually all of the major cryptocurrencies seeing solid growth on the day, as Coin360 data shows. Positive price momentum is a welcome respite from protracted bearish sentiment, although multiple crypto commentators are attributing the upswing to yesterday’s announcement by leveraged crypto trading platform BitMEX that it would be halting trading for scheduled maintenance. The window has allegedly been exploited by bulls to force a spike, especially within the context of a forthcoming August 23 SEC decision on another Bitcoin exchange-traded-fund (ETF) application, that many expect will be …
The crypto markets are somewhat bearish today, August 21, with virtually all of the top twenty coins by market cap seeing losses of 3-6 percent on average, as Coin360 data shows. Bitcoin (BTC) continues to show relative resilience – the top coin nonetheless continues to trade below the $6,500 price point. Despite a short-lived market recovery August 17, most of this week has seen distinctly lacklustre price performance across the board. The hangover from mid-August’s market crash continues. Market visualization from Coin360 Bitcoin (BTC) is seeing virtually no change over the past 24 hours at press time, trading at around …
Bitcoin (BTC) price held steady Monday, August 20, posting small gains to circle $6,500 while altcoins drop further. Data from Cointelegraph’s price tracker and Coin360 depict a sixth day of relatively stable activity for Bitcoin, which has remained range bound between $6,250 and $6,600 since August 14. Market visualization from Coin360 Contrasting with volatile conditions witnessed through the second half of July and first weeks of August, the newfound stability has not gone unnoticed, analytics resource Diar revealing Monday that volatility has dropped to a fourteen-month low. At press time, BTC/USD traded around $6,430 across major exchanges, corresponding to practically …
August 19: The crypto market picture shows signs of recovery following last week’s major market crash, but momentum has not yet rallied sufficiently to indicate a categorical reversal of the bear market. August 17 saw the first major attempt to reverse fortunes, but these gains have not been widely consolidated. At press time, Bitcoin (BTC) is trading below the $6,500 price point and Ethereum (ETH) has dipped below $300. Most major of crypto assets are seeing modest to solid gains of 1 to 5 percent on the day, as Coin360 data shows, with some top 20 coins up as much …
August 13: Crypto markets have today failed to sustain their short-lived recovery, with Ethereum (ETH) plummeting to a multi-month low below $300 and only a scant few altcoins spared from the widespread losses, as Coin360 data shows. Bitcoin (BTC) is seeing only minor losses on the day. Market visualization from Coin360 Ethereum (ETH) is currently trading at $288, down a stark 9.77 percent on the day. Having traded sideways most of the day to hold close to the $320 mark, the top altcoin saw a vertiginous plummet in the two three hours up to press time. Ethereum’s losses on its …
August 12: Crypto markets are seeing solid gains today in a fresh attempt at recovery following recent losses. Bitcoin (BTC) dominance –– or the percentage of total crypto market cap that is Bitcoin’s –– is continuing to see a 2018 record-high percentage, at close to 50.9 percent. After the leading coin decoupled from the wider market yesterday –– holding its gains while other cryptos floundered –– healthy growth has today been distributed across virtually all of the major cryptocurrencies, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,310 at press time, up a strong …
The Tezos Foundation has announced it will be issuing financial grants to research institutions for blockchain tech and smart contracts development, according to an official press release published August 9. The Tezos Foundation will provide grants to four research institutions: Cornell University, the University of Beira Interior, the University of Illinois at Urbana-Champaign, and France-IOI, the press release notes. Emin Gün Sirer will lead the Cornell University team to “develop protocols that may be applied to Tezos,” paying particular attention to sharding, and Portugal's University of Beira Interior will receive four grants for two master’s theses and two Ph.D. projects …
August 9: The summer crypto rollercoaster continues, as the market sees a healthy rebound into the green after sustaining major losses yesterday. On August 8 total market capitalization had shrunk to $219 billion –– its lowest level since mid-November 2017. In today’s upward bounce, virtually all of the major cryptocurrencies have posted gains, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading at a solid $6,500 at press time, up around 3.2 percent on the day. The leading cryptocurrency shot up around $300 within the space of two hours earlier today, from $6,229 to $6,528. Having …
The husband and wife duo behind blockchain project Tezos have faced their latest setback in an ongoing securities class action against their $232 million Initial Coin Offering (ICO), according to a docket report published August 7. U.S. District Judge Richard Seeborg of the Northern District of California yesterday refused to dismiss plaintiff Arman Anvari’s suit against the defendants, which consolidates various prior class action suits filed by other Tezos contributors against Arthur and Kathleen Brietman, their firm Dynamic Ledger Solutions (DLS), and the Tezos Foundation. The controversial case surrounds what Tezos’ creators claim was an online fundraiser, although the docket …
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 …
July 25: Bitcoin (BTC) is holding its newly won gains, having led the week’s impressive uptick to stay above $8,000. Other leading cryptocurrencies are seeing mixed fortunes, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is trading around $8,200 to press time, down about half a percent on the day. The leading asset surged as high as $8,483 during early trading hours — a price point it has not seen since mid-May — subsequently retracing to its current level. Bitcoin’s weekly and monthly gains are at a bullish 10 and 34 percent respectively, according to data from …
The Tezos Foundation has announced that the international professional services giant PricewaterhouseCoopers Switzerland (PwC) will conduct an external audit of its finances and operations. In an official announcement Monday, July 23, the Foundation claimed to be the “first large-scale blockchain organization” to be audited by PwC. PricewaterhouseCoopers, headquartered in London, U.K., is one of the four largest professional services networks in the world, known collectively as the “Big Four.” Self-described as a “self-amending” blockchain, Tezos has managed to raise about $232 million - the largest-ever amount at that time - in an initial coin offering (ICO) in July 2017. Soon …