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A brief period of lower volatility appears to have set in across major cryptocurrency assets. Dec. 27: Bitcoin (BTC) is staying stable while major altcoin markets are showing signs of a fresh downward trend, led by Bitcoin Cash (BCH). Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 showed a mixed but broadly calmer top twenty assets by market cap, compared to last week’s volatile activity. BTC/USD, which had gained over $1,000 to hit intra-week highs around $4,230 Dec. 23, has since begun a U-turn, hovering around $3,800 since Christmas Eve while trading in a narrow corridor. At press time, the pair traded around $3,806 and down just a fraction of a percent, having remained unfazed by separate volatility in traditional stock markets. Bitcoin 7-day price chart. Source: Cointelegraph’s Bitcoin Price Index Cryptocurrency commentators have sought to debunk the myth that Bitcoin is a correlated asset as stocks posted their worst Christmas Eve on reco..
The Bitcoin Private team has officially confirmed that findings regarding the secret premining of an additional 2 million coins are mathematically correct. The development team behind altcoin Bitcoin Private (BTCP) has confirmed the creation of 2.04 million units of BTCP “that were never intended to exist on the blockchain,” according to an official statement published Dec. 24. On Dec. 23, digital assets analytics website Coin Metrics published a report revealing that during the import of Bitcoin (BTC) chain data, an additional 2.04 million units of altcoin BTCP — about $3.9 million at press time — were secretly minted. Per the project’s white paper, the total supply of BTCP is equal to around 20.4 million coins, while the secretly premined BTCP brought “the initial supply to 22.6 million.” The BTCP core team says in today’s statement that upon receiving the reports, they “immediately launched an investigation to ascertain whether or not the alleged findings of an additional amount of..
Crypto markets have broken their five-day streak of green, with many of the major crypto assets seeing mild corrections at press time. Friday, Dec. 21 — crypto markets have broken their five-day streak of green, with many of the major crypto assets seeing mild corrections at press time, as data from Coin360 shows. Market visualization by Coin360 Largest cryptocurrency Bitcoin (BTC) is only just below the $4,000 mark, which it reclaimed yesterday, Dec. 20, capping a five-day streak of solid growth. At $3,971 at press time, and down around 2 percent on the day, the coin is trading around $800 higher than its intraweek low at $3,185 on Dec. 14. Bitcoin’s recent uptick has sealed an almost 16 percent gain on the asset’s weekly chart; on the month, the coin is down by 16 percent. Bitcoin 7-day price chart. Source: Cointelegraph’s Bitcoin Price Index Second-largest crypto by market cap Ripple (XRP) is down just over 3 percent on the day, trading at $0.36 as of press time, according to Coi..
sponsored A digital assets exchange says its daily trading volume of XRP has surpassed larger rivals, including Poloniex and Bittrex. A Singapore-based digital assets exchange wants to take on larger rivals and to offer a new way of operating with users by “putting customers first from day one” and giving back to the users. It says the team has been constantly enhancing security, tuning the user interface, and building localized and professional customer support teams. Describing itself as a project which is not just an exchange but rather a "community” as well as a “one-stop solution” for investors, Bitrue was launched with the goal of becoming the most intuitive and secure crypto platform. Apart from trading services, it offers asset management and a range of investment tools. The company says it has created a “safe and convenient” way to buy, sell, transfer and store cryptocurrency — with a team of technical and compliance experts performing due diligence on coins and tokens befor..
U.S. Rep. Warren Davidson suggests building a border wall using blockchain and “wall coins.” Ohio Republican Congressman Warren Davidson suggested raising money to build a wall on the border with Mexico using blockchain, in an interview on NPR Dec. 12. Davidson, who is known for his pro-crypto initiatives, spoke on NPR’s Morning Edition with host Steve Inskeep about the the United States president’s recent threat to shut down the government if Congress refuses to pay for a border wall. Commenting on the matter, Davidson said he had offered a “modest compromise” in the form of his initiative, dubbed “Buy a Brick, Build a Wall,” that would accept public donations for the wall’s construction. Clarifying how he saw a wall donation program working, Davidson invoked blockchain and “wall coins,” telling reporters Wednesday: “You could do it with a sort of, like, crowdfunding site. Or you could even do a blockchain, and you could have wall coins. But you could raise the money. And frankly, if..
Crypto markets have continued yesterday’s downtrend, with Bitcoin Cash, EOS, and Binance Coin seeing major losses. Thursday, Dec. 6: Cryptocurrency markets have continued yesterday’s losses, with just two of the top twenty coins seeing any gains, according to Coin360. Market visualization from Coin360 Bitcoin (BTC) is down 3.13 percent the day, seeing a high of $3,887 and low of $3,587. At press time, the major cryptocurrency is trading around $3,656. On its weekly chart, BTC is at its lowest price point over the past seven days, down 14.4 percent, while the coin’s monthly statistics show grim 43 percent losses. Bitcoin monthly price chart. Source: CoinMarketCap The second largest virtual currency by market capitalization Ripple (XRP) is trading at $0.320 at press time, down 5.36 percent on the day. The altcoin’s market cap is around $12.7 billion, while its weekly high point was $15.3 on Nov. 30, according to CoinMarkerCap. XRP 7-day price chart. Source: CoinMarketCap Ethereum (ET..
While the top 20 cryptocurrencies are mostly in the red, Bitcoin has been holding above $4,000. Sunday, Dec. 2: the top 20 cryptocurrencies are mostly in the red, according to data from Coin360, after a modest recovery yesterday, Dec. 1. Despite the mild losses, Bitcoin (BTC) is still holding just above the $4,000 mark. Market visualization from Coin360 According to data by CoinMarketCap, Bitcoin is in the red, steadily descending below the $4,100 mark, down almost 4 percent on the day to press time. However, the leading cryptocurrency has been relatively stable throughout the weekend in comparison to Friday, Nov. 30, when it dipped below $4,000 at least twice. Bitcoin is trading at $4,087 to press time. Bitcoin 7-day price chart. Source: CoinMarketCap Bitcoin Price Index Ripple (XRP), maintaining its position as the world’s second largest altcoin by market cap, is trading around $0.36, down just over 3 percent of its price and finishing its week of mostly descent. Ripple 7-day pri..
After a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptos seeing only mild losses. Thursday, Nov. 22: after a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptocurrencies seeing only mild losses capped beneath a 3 percent range. A scattering of top twenty coins are even tipping into green, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) has today jaggedly veered between below $4,450 and $4,630; as of press time, the top coin is at $4,517, down 0.4 percent on its 24-hour chart. After a further sell-off brought Bitcoin to as low as $4,300 Nov. 20, the asset has traded over the past couple of days circling the $4,500 mark. On the week, Bitcoin is almost 18 percent in the red; monthly losses are at a grim 30.6 percent, according to CoinMarketCap. Bitcoin 7-day price chart. Source: CoinMarketCap The now second-largest ranked crypto asset, Ripple (XRP), is down 0.3 percent..
Cryptocurrency markets have seen slight gains on the day, with all top ten cryptocurrencies trading in the green. Wednesday, Nov. 21: It seems as if the recent drop-off in markets has slowed, with almost all the top 20 cryptocurrencies seeing green today. Market visualization from Coin360 Bitcoin’s (BTC) losses yesterday totalled more than 15 percent, though the coin has managed to bounce back into the green today, up 3.12 percent on the day and trading at around $4,499 at press time. The leading cryptocurrency is down over 21 percent on its weekly chart. Yesterday, Wall Street crypto bull Tom Lee reiterated his recently reduced year-end price prediction of $15,000 for Bitcoin, despite the recent market crash. While remaining confident in a year-end rally, Lee admitted that the markets have “certainly” seen a “negative development,” which signals a “downside of the momentum.” Bitcoin 7-day price chart. Source: Cointelegraph Bitcoin Price Index The second largest cryptocurrency by ma..
13 of the 20 top cryptocurrencies are in the red, with Bitcoin Cash and Ripple losing up to 4 percent over the day. Wednesday, Nov. 8: most cryptocurrencies have seen a drop-off today, with the most visible losses seen by Bitcoin Cash (BCH) and Ripple (XRP), as data from Coin360 shows. As of press time, the markers are seeing mixed signals, mostly staying in the red. Market visualization from Coin360 While in the beginning of the week Bitcoin (BTC) was mostly in the green, up almost to 2 percent on the day Monday, Nov. 5, today the major coin is hovering around zero, mostly staying in the red and trading around $6,450 as of press time. Bitcoin 7-day price chart. Source: CoinMarketCap Bitcoin Price Index Ethereum (ETH) is also about 2 percent down on the day, being traded slightly over $213 as of press time. The coin is seeing some stability after it has regained its second spot, bypassing Ripple (XRP) by market capitalization. Ethereum 7-day price chart. Source: CoinMarketCap Ether..