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Crypto Markets Report Mild Gains, While Binance Coin Jumps 7%

Bitcoin continues to bounce around the $8,400 price mark, while most altcoins report positive gains; Binance Coin is seeing daily gains of more than 7%. Sunday, Oct. 13 — Bitcoin (BTC) continues to bounce around the $8,400 price mark, while most of the top-20 coins by market capitalization report slight gains. Market visualization. Source: Coin360 Cryptocurrency markets are seeing mild gains, generally within a tight range of 1–2%. Binance Coin (BNB), the number eight coin by market capitalization, is the only top-20 coin that that stands out and is surging more than 7.5%. Bitcoin has been bouncing between $8,300 and $8,400 for most of the day. The world’s most popular cryptocurrency traded from an intraday low of around $8,330 up to its current trading price near $8,425, showing modest gains of around 1.2% in the past 24 hours. While BTC trades within a tight range and might be getting ready for a big move, billionaire investor Tim Draper stated that he expects Bitcoin to change h..

Crypto Markets Trade Sideways After SEC Rejects TON

The majority of the top-20 coins by market cap see losses today, while Bitcoin price failed to hold $8,400. Saturday, Oct. 12 — following a minor price rally earlier this week, crypto markets are trading sideways as the top-20 coins by market cap report mixed signals. At press time, 8 out of the top 20 cryptocurrencies are seeing gains, with Binance Coin (BNB) surging nearly 2.8%. Chainlink (LINK) is seeing the biggest losses among the top 20, down more than 6.1%. Market visualization. Source: Coin360 Bitcoin hovers around $8,300 levelAfter hitting $8,800 on Oct. 11, Bitcoin (BTC) has been hovering around $8,300 threshold for the most part of the day. At press time, the biggest cryptocurrency by market cap is trading at $8,329, down around 0.3% over the past 24 hours at press time. Over a seven-day period, Bitcoin is up by around 2.8%. Bitcoin’s market share rate has been stable over the day, accounting for 66.9%. While some Bitcoin bulls are predicting that the upcoming Bitcoin’s bl..

Markets Trading Flat After Fake Breakout, Bitcoin Hovers Around $8,300

Bitcoin hovers around $8,300, as the cryptocurrency markets continue to trade sideways after BTC’s fake breakout. Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC slowly retraced to its current price level. Cryptocurrency market daily overview. Source: Coin360 One week since Bitcoin suffered from double-digit losses, the coin is back to trading sideways, at a similar price point as seven days ago. The most popular crypto coin was showing bullish price behavior over the last 48 hours, which proved to be unsustainable, most likely due to the lack of high volume. BTC has been trading around the $8,300 price mark for most of the day. Since hitting an intraday high of $8,400, BTC has been slowly retracing to its current price point of $8,249, down 0.65% in the last 24 hours. Bitcoin seven-day price chart. Source: Coin360 While BTC is not showing much excitement with its current price behavior,..

Global Wash Trading on Crypto Markets Down by Over 35%, BTI...

Global wash trading on crypto markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute. Global wash trading on cryptocurrency markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute (BTI). Kraken, Poloniex, Coinbase and Upbit are still the “cleanest” platformsPer the report, global wash trading was reduced by 35.7% among the exchanges on the Institute’s top-40 listings. BTI’s data indicates that the “cleanest” platforms continue to be Kraken, Poloniex, Coinbase and Upbit. At the other extreme, OKEx and Bibox appear to have the highest percentage of wash trading among the top 40. While the wash traded volumes on these platforms exceed 75%, according to BTI, their real volumes (calculated without wash trades) still consistently place them among the top 20 exchanges globally. Bitcoin’s wash trading level is roughly 50%Among other cryptocurrenc..

Crypto Markets Showing Signs of Recovery, Bitcoin Hovers Around $8,200

The cryptocurrency markets are showing signs of recovery, with Bitcoin’s price hovering around the $8,200 mark. Monday, Sept. 30 — Bitcoin (BTC), together with most altcoins, has been trading relatively flat in the last 72 hours, but the overall crypto market seems to be ready to turn around. Cryptocurrency market daily overview. Source: Coin360 Bitcoin has not yet been able to recover from Tuesday’s double-digit losses, but the coin is showing signs that a recovery phase might be on the horizon. While billionaire technology investor Mark Cuban said that he would be happier owning bananas than Bitcoin, the most popular crypto coin has been trading around the $8,000 price mark for most of the day. Since hitting an intraday low of $7,835, BTC has been slowly crawling upwards to its current price point of $8,258, up by 2.62% in the last 24 hours. Cuban claims that Bitcoin is too complicated for the average person, and that the world’s most known cryptocurrency, often called digital gold..

Markets Looking Grim, Bitcoin Lingers Above $8,000 Mark

The cryptocurrency markets are looking grim, with Bitcoin’s price getting close to dipping below $8,000. Sunday, Sept. 27 — All of the top-20 cryptocurrencies by market cap continue to struggle following the sudden nosedive on Tuesday, Sept. 24. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has not been able to recover from Tuesday’s painful correction, which saw double-digit losses across the board. The most popular crypto coin continues to trade sideways, down by 1.75% over the last 24 hours to trade at around $8,050 at press time, while having seen an intraday high of $8,255. BTC found some support above the lower-$8,000 region during the better part of the day, but seems to be in danger of revisiting the $7,000s once again. Bitcoin 7-day price chart. Source: CoinMarketCap Ether (ETH) is not faring any better, down over 2.4% on the day, hovering around $170 at press time. The altcoin has been on a steady downward price trend throughout the week, dropping to..

Crypto Markets Turn Green Following Tough Week, BTC Price Above $8,000

Major cryptocurrencies have entered the green zone after seeing severe losses over the past couple of days, with Bitcoin’s price over $8,000. Saturday, Sept. 28 — All of the top-20 cryptocurrencies by market cap have entered the green zone, recovering from recent losses, with Bitcoin (BTC) hovering above the $8,000 mark, according to Coin360. Cryptocurrency market daily overview. Source: Coin360 Over the past day, Bitcoin has been trading in a narrow corridor between $7,889 and $8,244, which mark the coin’s lowest and highest price points over the past 24 hours. At press time, BTC is trading at around $8,093, up around 1.6% on the day. On its weekly charts, BTC is down by 20.4%, while its monthly losses amount to 18.16%. Yesterday, Bitcoin’s Lightning Network developer Rusty Russel published a full disclosure of the network’s vulnerability discovered in August, accompanied by a solution. Russel pointed out that the vulnerability appeared while opening funding channels. Bitcoin seven..

Bitcoin Breaks $12,000 Before Plunging, Crypto Markets Turn Downward

Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin briefly spiked above $12,000. Wednesday, Aug. 7 — Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) briefly broke the $12,000 mark and subsequently fell. Market visualization courtesy of Coin360 The Bitcoin price is currently down 0.67% on the day, trading at $11,673, according to Coin360. Looking at its weekly chart, the coin is up by about 17.27%. Bitcoin 24-hour price chart. Source: Coin360 As Cointelegraph reported earlier today, the correlation between Bitcoin, often referred to as digital gold, and physical gold has almost doubled in the past three months. While the seminal cryptocurrency is down today, it has been in a general uptrend for the past several months, as more investors are using it as a hedge or safe haven from financial instability fomented by geopolitical tensions. Ether (ETH) is holding onto its positi..

Bitcoin Goes Beyond $10K, US Stock Markets Drop Amid Trade War...

Bitcoin consolidates around $10,500, while U.S. stock markets drop amid trade war fears. Friday, Aug. 2 — Bitcoin (BTC) consolidated at around $10,500, while the top 20 coins by market cap are seeing mixed signals. 13 out of 20 top cryptos by market cap are seeing green at press time, with Texos (XTZ) recording the biggest gains in the list, up more than 6%, according to CoinMarketCap. On the other hand, Litecoin (LTC), the fourth biggest crypto, dropped the most, down more than 4% over the past 24 hours. Market visualization from Coin360 Following a recent bullish move, Bitcoin continued to fluctuate at around $10,400 today, while its intraday high amounted to $10,654. At press time, the biggest cryptocurrency by market cap is up nearly 4% over the past 24 hours to trade at $10,478. Over the past 7 days, BTC is up around 6.5%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH), the second cryptocurrency by market cap, is up 1.1% to trade at $218. Over the past 7 days, Ether’s p..

Crypto Markets See Second Day of Green, Bitcoin Above $9,700

Crypto markets are seeing widespread green, with Bitcoin breaking back above $9,700 and many large market cap altcoins seeing solid gains of between 3 and 9% on the day. Wednesday, July 31 — crypto markets are seeing widespread green, with Bitcoin (BTC) breaking back above $9,700 and many large market cap altcoins seeing solid gains of between 3 and 9% on the day. Market visualization. Source: Coin360 Despite trading in a lower price range since dropping back to a four-figure price point in a recent corrections, BTC is today up a solid 2.4%, bringing it to $9,717 by press time. This mild uptick nonetheless stops short of bringing the coin back into the green on its 7-day chart, where Bitcoin is still reporting a fractional 0.7% loss. On the month, losses are starker, topping 8%. Yesterday, Peter Tchir — a former Executive Director at German multinational investment bank Deutsche Bank — argued that Bitcoin is an indicator of hidden geopolitical tensions, pointing to the coin’s moment..
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