Saturday, May 25 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,000 mark, with minor gains on the day. Market visualization courtesy of Coin360 Bitcoin is a fraction of a percent up on the day, trading at $8,025 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up about 9.4%. Bitcoin 7-day price chart. Source: CoinMarketCap Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $26.6 billion. The second-largest altcoin, …

Friday, May 24 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) crosses the $8,000 mark again. Market visualization courtesy of Coin360 Bitcoin is up over 5% on the day, trading at $8,018 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down over 8.42%. Bitcoin 7-day price chart. Source: CoinMarketCap Earlier this week, CEO of Morgan Creek Capital Mark Yusko said bitcoin should be in every investor’s portfolio. Ether (ETH) is holding onto its position as the largest altcoin by market cap, which …

Wednesday, May 22 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $7,900 mark again. Market visualization courtesy of Coin360 Bitcoin is down over .5% on the day, trading at $7,850 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down over 1.83%. Bitcoin 7-day price chart. Source: CoinMarketCap This week, Cointelegraph reported that CME Group, the second global exchange to list bitcoin (BTC) futures, is about to record the biggest trading month for BTC futures trading. Ether (ETH) is holding …

Craig Wright has filed United States copyright registrations for the Bitcoin (BTC) white paper authored by Satoshi Nakamoto. Court documents show that the U.S. Copyright Office has registrations with Wright as the author of the white paper, as well as most of the original code used to build Bitcoin. The Australian entrepreneur has long claimed to have written the cryptocurrency blueprint under the pseudonym. A news release from May 21 claims that U.S. officials have received confirmation that Wright is indeed Satoshi Nakamoto, but the news has been met with skepticism from some crypto commentators. Jerry Brito, executive director at …

Tuesday, May 21 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again. Market visualization courtesy of Coin360 Bitcoin is up over 2% on the day, trading at $7,953 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 2.55%. Bitcoin 7-day price chart. Source: CoinMarketCap Bitcoin’s proximity to $8,000 comes as the United States Securities and Exchange Commission reported yesterday that they are "still in information-gathering mode" regarding a bitcoin exchange-traded fund (ETF) from VanEck. Among the top …

Friday, May 17 — after a week of deep green and bullish price performance, crypto markets today are seeing a major correction, with bitcoin (BTC) dropping below the $7,350 mark, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin has taken a steep price hit, dropping 8% on the day to trade at $7,346 to press time. The top coin had brushed $8,300 yesterday, May 16 — a bullish price point not seen since August 2018. Despite today’s major correction, bitcoin retains a strong gain of 16.61% on the week. Bitcoin 7-day price chart. Source: CoinMarketCap Largest altcoin by …

Australian computer scientist Craig Wright has served Roger Ver, CEO of Bitcoin.com, with a libel suit at a London bitcoin cash meetup according to a report by Decrypt on May 2. According to the report, Ver called Wright “a fraud and a liar” in a YouTube video — which has since been stricken for violating YouTube community guidelines — that prompted Wright’s libel suit. Ver commented to Decrypt that he will be fighting the lawsuit. Wright has served legal suits to other figures in the crypto sector, who have denied that he is the mysterious inventor of bitcoin, Satoshi Nakamoto. …

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 provided by HitBTC exchange. Altcoins led the rally this week from the lows with bitcoin (BTC) lagging behind. After a sharp up move, it was natural for traders to book profits on their quick gains. While altcoins have pulled back sharply from their recent highs, bitcoin has held up quite well. Its dominance has gradually inched from about 50% in …

Disclaimer. This article has been updated to specify that SBI Holdings has made an announcement about the delisting of BCH, and not mentioned listing BSV. Bitcoin SV (BSV) — the altcoin that emerged during the bitcoin cash (BCH) hard fork last November and which took the moniker “Satoshi’s vision” — has been on the periphery of crypto news this week. BSV is famously backed by Craig Wright, an Australian entrepreneur, chief scientist at his startup called nChain and self-proclaimed Satoshi Nakamoto. After Binance, one of the world’s largest crypto exchanges, decided to delist BSV amid Wright’s campaign to deanonymize one …

NChain chief scientist and Bitcoin SV (BSV) proponent Craig Wright has filed a libel claim in the United Kingdom against cryptocurrency podcaster Peter McCormack. The podcaster tweeted a photo of the legal notice on April 18. The reason provided for the claim is that McCormack accused Wright of fraud and falsely claiming to be Satoshi Nakamoto, the creator of bitcoin (BTC). According to BSV-focused crypto news outlet CoinGeek, the claim aims to “prevent McCormack from making further fraudulent claims that Wright is not the individual behind the Satoshi Nakamoto pseudonym.” Furthermore, Wright also seeks £100,000 (over $130,000) in damages, plus …

Japanese financial services giant SBI Holdings says the removal of bitcoin cash (BCH) from its exchange this week was not a result of the other deslistings involving bitcoin SV (BSV), Cointelegraph Japan reported April 19. SBI, which has never offered BSV trading, sparked controversy when executives moved to delist BCH, as it was BSV which had become the target of a cross-industry boycott. As Cointelegraph reported, multiple major exchanges have announced they will stop supporting BSV due to the legal threats made by Craig Wright and Calvin Ayre, its major proponents. The altcoin is a hard fork of BCH, which …

Major United States cryptocurrency exchange Kraken has decided to delist bitcoin (BTC) offshoot bitcoin SV (BSV), the firm announced on April 16. In an official press release, Kraken said that BSV had “engaged in behavior completely antithetical to everything we at Kraken and the wider crypto community stands for.” As such, the exchange has decided to delist the currency, which was the result of a hard fork in the bitcoin cash (BTC) network last November. The exchange’s decision follows a Twitter poll yesterday, in which it asked the community’s opinion about whether it should delist BSV. Kraken Twitter poll on …