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. While large economies are confused on how to handle cryptocurrencies, smaller nations — Belarus, Bahrain, Malta and Gibraltar — have taken the lead. They have created specific rules for the sector and are offering an environment that provides security to investors. If these nations succeed in attracting investments, we expect larger nations to become …
Monday, July 29 — crypto markets are seeing mild fluctuations, mixed red and green, while Bitcoin (BTC) is holding ground around the $9,600 mark. Market visualization. Source: Coin360 After a sharp fall on July 28 and a further correction to $9,250 the following day, the top coin has since recovered and stabilized around the $9,590 mark — up 0.5% on the day. On the week, the coin’s losses are at around 7%, with monthly losses pushing 20%. In light of Bitcoin’s sharp downward turn since its 2019 high of $13,739, Cointelegraph yesterday published an analysis piece covering experts’ still-bullish outlook …
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 uncertainty regarding regulators is keeping the upside in check. However, improving fundamentals have made a floor below a few major cryptocurrencies. The rest are lagging behind and might drop to new yearly lows. This shows that markets have started to differentiate between the altcoins. Hence, traders should buy the altcoins that will lead …
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 sentiment in the crypto space is fragile. Even a whiff of negative news or rumor results in sharp selling. The markets are ignoring the favorable news and are focused on negative news and events. However, at lower levels, we expect the institutional players who had missed out on the previous rally to start …
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. A new study by digital asset management fund Grayscale Investments shows that 83% of American investors are likely to invest in Bitcoin. Another interesting finding was that the average age of Bitcoin investors was 42. This means that even traditional investors are allocating some portion of their portfolio to cryptocurrencies. As the markets mature, …
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 …
Bitcoin SV (BSV) successfully increased its block size limit today amid confusion regarding the scheduled fork time. According to a BitMEX Research tweet on July 24, Bitcoin SV was expected to fork at 2 p.m. UTC today, but the website of the BSV-promoting Bitcoin Association claimed that the upgrade was scheduled for 1 p.m. GMT (1 p.m. UTC). The reason why the exchange’s research arm expected the fork to happen on 2 p.m. UTC is that the code of the network upgrade itself defined the fork time to be at that time. Furthermore, BitMEX closely followed the fork implementation and …
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 …
Why did Bitcoin fork and split? The inability of the community to find consensus regarding a proposal to increase the block size resulted in a user-activated hard fork of the Bitcoin blockchain in August 2017. While numerous proposals advocating a change to the block size limit had failed to gather the support required to manifest change, transaction fees had skyrocketed by mid-2017. During August 2015, the average BTC transaction fee was just $0.50. However, by June 2017, median fees had increased 10x to approximate $5. With nearly half of the world’s population living on less than $5.50 per day, high …
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. Regulators and politicians around the world, barring a few, continue to hound Facebook’s Libra coin. European Central Bank board member Benoit Coeure said that Libra will not be allowed to launch until it guarantees safety for its users. Damian Collins, a senior official at the British Parliament was even more aggressive of the project …
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. The market data is provided by the HitBTC exchange. While Libra is expected to draw retail customers to cryptocurrencies, Bakkt is likely to attract institutional investors. Following the Bakkt Digital Asset Summit held on July 18, Managing director and quant strategist at Fundstrat Global Advisors Sam Doctor anticipates that Bakkt’s Bitcoin futures contracts might launch in the current quarter. Fidelity’s crypto arm …
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 bashing of Libra continues, with G7 finance ministers warning that if the project is not regulated tightly, it can upset the global financial system. The ministers are against a private company issuing its own currency without any control. Nonetheless, the project got support from unexpected quarters. The head of Germany's central bank Jens …