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Bitcoin Price Holds $10,000 as Top Cryptos See Mixed Movements

The top 20 cryptocurrencies are reporting mixed movements on the day by press time as Bitcoin broke the $10,750 mark again. Saturday, Aug. 3 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $10,750 mark again. Market visualization courtesy of Coin360 Bitcoin price is currently up by 3.15% on the day, trading at around $10,778 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 9.56%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported yesterday, Ethereum co-founder Vitalik Buterin said that the future of crypto is pluralist in response to a recent proposal of mixing Bitcoin Lightning Network with Ethereum. Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $23.5 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $13.1 billion at press time. Coin360 data shows that ETH has seen its value increa..

Hodler’s Digest, July 15–21: Libra Special! Top Stories, Price Movements, Quotes...

U.S. politicians tell a Facebook exec that Libra endangers Americans more than 9/11, BitMEX lands in hot water and Vitalik Buterin reveals his big idea for Ethereum. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This WeekLibra hearings: Hostility and criticism as Congress grills Facebook executiveA godsend to drug dealers. More dangerous than 9/11. A global economic threat. Congress was given two days to grill the head of Facebook’s Calibra wallet, David Marcus, over the upcoming Libra cryptocurrency, and it didn’t hold back. The Senate Banking Committee went first on Tuesday, with lawmakers describing the social network as “dangerous” and unfit to handle financial data given past scandals. Politicians also demanded to know why Facebook had chosen to base L..

Hodler’s Digest, Top Stories, Price Movements, Quotes and FUD of the...

Trump tells the world what he thinks of Bitcoin, Facebook vows to cooperate with Congress on Libra, and an angry mob descends on Tron’s office in Beijing. Top Stories This WeekTrump tweets opposition to crypto, specifically Libra and BitcoinShrinking violet Donald Trump doesn’t often share his views, so it was refreshing to see him share an opinion for once on Twitter. The United States president declared that he isn’t a fan of Bitcoin and other cryptocurrencies — telling his 61.9 million followers they fuel unlawful behavior. Trump also had Libra in his sights during the three-tweet tirade and warned Facebook’s upcoming digital currency will have “little standing or dependability.” He rounded off by reminding his followers that there’s only one real currency in America, the U.S. dollar (and this really came as a surprise, as I thought it was the Vietnamese dong.) Bitcoin prices actually reacted positively to Trump’s proclamations, as it’s unclear whether this amounts to a policy of a..

Hodler’s Digest, July 1–7: Top Stories, Price Movements, Quotes and FUD...

The US tells Facebook to cease development of libra immediately, and the Bank of International Settlements boss makes an extravagant U-turn. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This WeekBitcoin price ‘extremely bullish’ again after 20% pump over $11,000 True to form, bitcoin (BTC) took markets and the media by surprise when prices leapt by more than 20% in 24 hours. Prices against the dollar had dwindled as low as $9,688 earlier in the week — but by Wednesday, they surged back to highs of $11,525, hitting $12,025 on Thursday. Momentum had waned by Friday, with the market testing support for $11,000. The bounce-back left naysayers red-faced, and just a few hours before BTC returned to green territory, Forbes had claimed the “bitcoin bubble” had bur..

Hodler’s Digest, June 24–30: Top Stories, Price Movements, Quotes and FUD...

A Coinbase crash interrupts Bitcoin’s parabolic run and a Singaporean exchange is the latest to fall victim to a hacking attack. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This WeekBitcoin falls by $1,400 after crash of major crypto exchange CoinbaseAfter surpassing the $12,000 and $13,000 marks in a matter of hours, Bitcoin’s (BTC) parabolic run was plunged into peril when the Coinbase crypto exchange crashed on June 26. Prices began to tumble shortly before the trading platform confirmed there was a problem — and there was a 51-minute gap between its investigation starting and services returning to normal. The correction now suggests that $13,800 is an important barrier to further gains, as BTC has never achieved a monthly close above this level. Despi..

Hodler’s Digest, June 17–23: Top Stories, Price Movements, Quotes and FUD...

The QuadrigaCX story gets weirder, and Satoshi Nakamoto is apparently the author of a coloring book. Top Stories This WeekFour big reasons bitcoin’s price will probably not stop at $20K this timeBitcoin crossed $11,000 in under 24 hours after breaking the important level of $10,000 on Friday, ETH hit a 10-month high, while crypto markets see solid green by the end of the week. Cointelegraph explores the main factors driving the rally this time, and why they are very different than they were in late 2017. Thus, bitcoin futures show growing signs of institutional interest, Bitcoin’s hash rate hit a new all-time high at over 65,000,000 TH/s, the planned Bitcoin block reward halving set for May 2020 is still 333 days away, while the overall microeconomic picture sees investors dumping ever-depreciating fiat currencies for hard-capped “digital gold.” Facebook releases cryptocurrency white paper for Libra currencyFacebook released the white paper this week for its long-awaited, highly secre..

Bitcoin Falls Under $10,700 as Top Cryptos See Mixed Movements

After crossing $11,000 recently, bitcoin has corrected downward to trade under $10,700. Monday, June 17 — Most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as bitcoin (BTC) trades under the $10,700 mark. Market visualization courtesy of Coin360 Bitcoin is currently down over 4.65% on the day, trading around $10,644 at press time, according to Coin360. Looking at its weekly chart, the coin is up over 16%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported yesterday, bitcoin crossed $11,000 in under 24 hours after crossing $10,000. Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at over $32.8 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $19.9 billion at press time. Coin360 data shows that ether’s price has decreased by 1.69% over the last 24 hours. On the week, the coin has also gained over 13% in value. Just yesterday, ether hit a 10-month high. ..

Hodler’s Digest, June 10–16: Top Stories, Price Movements, Quotes and FUD...

Bitcoin is reportedly producing as much carbon emissions as Kansas City, while Facebook gets some new backers for its crypto project. CCN casts doubt on shutdown plans as Google appears to correct visibilityCryptocurrency news outlet CCN (formerly CryptoCoinsNews) is apparently not going through with its total shutdown, as reported earlier this week. The outlet had previously posted a note that a recent Google Core Update had led to a more than 70% visibility drop on mobile overnight, leading the organization to decide to shut down rather than downsize. However, an update this week from CCN Markets Director Jonas Borchgrevink notes that, for an unexplained reason, the crypto outlet’s old domain name, CryptoCoinNews, has been showing up with new 2019 articles on Google, leading the team to decide to keep working. Theories about the visibility drop, which affected other news outlets, have ranged from it being a block of clickbait titles or a ban on conservative outlets by an allegedly “..

Hodler’s Digest, June 3–9: Top Stories, Price Movements, Quotes and FUD...

Tron CEO Justin Sun gets to lunch with Warren Buffett for $4.5 million, while Facebook’s coin may come out this month. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This WeekMt. Gox’s Karpeles: “Press Rumors About My Blockchain Plans Are False”Mark Karpeles, the former CEO of long-defunct Japanese cryptocurrency exchange Mt. Gox, denied press claims this week that he is returning to blockchain. Karpeles said that his activities with Tristan Technologies will not involve the cryptocurrency sector, as previously reported, and that the firm is not a startup and not related to blockchain. In comments to Cointelegraph, Karpeles said that he wasn’t “sure how this got reported wrong” and that his main goal is to “try to bring back Japan near the top of the IT indu..

Hodler’s Digest, May 27–June 2: Top Stories, Price Movements, Quotes and...

Kik has launched a Defend Crypto campaign, while Facebook’s crypto coin could face some demographic challenges. Coming every week, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This WeekKik Launches $5 Million Crypto Funding Campaign for Lawsuit Against U.S. SECKik, a Canadian tokenized social media startup, has launched a $5 million crypto initiative in order to fund a lawsuit against the United States Securities and Exchange Commission (SEC). Kik CEO Ted Livingstone, also the founder of Kik’s crypto project the Kin Foundation (KIN), announced the formation of the Defend Crypto fund, which plans to legally challenge the SEC to get regulatory clarity surrounding the definition of securities in regard to cryptocurrencies. The fund will use major U.S. crypto exchange and wallet C..
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