Neo news-Page 7
Crypto Markets Show Slight Decline, as Do Dow Jones Industrial and S&P 500
Thursday, Feb. 21 — cryptocurrency markets are slightly sliding down, with most major coins seeing some noticeable losses, according to CoinMarketCap. Market visualization from Coin360 The top cryptocurrency Bitcoin (BTC) is trading around $3,944, having lost just 1 percent on the day at press time. Bitcoin’s weekly and monthly gains are positive, at about 8.92 percent and 5.1 percent respectively. Bitcoin 24-hour price chart. Source: CoinMarketCap Top altcoin Ethereum (ETH) is trading around $145.38 at press time, down around 1.42 percent over the past 24 hours. Earlier today, the coin saw an upswing to $149.26, after which has been reporting …
Bitcoin / Feb. 21, 2019
Crypto Dividends: Staking Coins for Gains Potentially a Good Strategy in a Bear Market but Is Not Without Risk
Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article. Staking, which is similar to earning dividends or interest on your investment, is not a new concept. However, in a long bear market, it does become more prevalent among cryptocurrency investors, as possible gains from regular trading are not as fruitful. As Kyle Samani, managing partner at Multicoin Capital Management, stated to Bloomberg: “Regardless of market conditions, staking provides returns denominated in the asset being staked. …
Bitcoin / Feb. 19, 2019
Top 5 Crypto Performers Overview: Dash, Neo, Binance Coin, EOS, Ethereum
Argentina has recently settled an export deal with Paraguay in Bitcoin. Although the net value of the deal was only $7,100, it is a welcome step. Gradually, more countries will recognize the advantage of using cryptocurrencies for cross-border deals. Digital asset management fund Grayscale Investments said that its institutional clients are increasingly using the current low crypto prices to make long-term investments. These inflows are largely being parked in the fund’s Bitcoin Investment Trust. A survey of 71 global institutional investors, conducted by market research company PollRight for the Global Blockchain Business Council (GBBC), has shown that 19 percent of …
Bitcoin / Feb. 17, 2019
Bitcoin Hovers Near $3,630 as Top Cryptos See Minor Losses
Sunday, Feb. 17 — most of the top 20 cryptocurrencies are reporting minor losses on the day by press time. Bitcoin (BTC) has fallen under the $3,650 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down 0.18 percent on the day, trading at around $3,631, after a brief mid-day high of $3,680, according to CoinMarketCap data. Looking at its weekly chart, the coin has mostly traded sideways for the past week. The current price is about 0.3 percent lower than $3,643, the price at which Bitcoin started the week. Bitcoin 7-day price chart. …
Ethereum / Feb. 17, 2019
NEO Blockchain Platform Opens Seattle Office Headed by Ex-Microsoft Exec
Chinese blockchain platform NEO will open an office in United States city of Seattle, according to an official announcement shared with Cointelegraph on Feb. 15. The new office will be headed by ex-Microsoft executive John deVadoss. The NEO Global Development (NGD) Seattle office will open and begin recruitment this month, purportedly allowing the company to expand into the U.S. market. Per the press release, the NGD has been developing partnerships with Microsoft and other companies. According to NEO founder Erik Zhang, Seattle’s reputation for tech talent was one of the main draws for locating its new offices, saying, “Seattle has …
Blockchain / Feb. 16, 2019
Top 5 Crypto Performers Overview: Binance Coin, Cardano, IOTA, Neo, Tron
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. 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. Bitcoin (BTC) has proven to be in high demand among citizens of smaller nations like Venezuela, whose economic conditions have been adversely affecting their fiat currencies. Now, cryptocurrencies will face another test with the impending Brexit deal. If the United Kingdom is forced to leave the European Union without a deal, experts believe …
Altcoin / Jan. 20, 2019
Bitcoin Falls Towards $3,550 as Top Cryptos See Moderate to Major Losses
Sunday, Jan. 20 — all the top 20 cryptocurrencies are seeing moderate to major losses in the 24 hours to press time. Bitcoin’s (BTC) price is nearing $3,550 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down over 4 percent on the day, trading at around $3,587. Looking at its weekly chart, the current price is lower than $3,673, the price of Bitcoin on last Sunday. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) is down over 3 percent on the day, trading at around $0.321 at press time. On the weekly chart, the …
Bitcoin Price / Jan. 20, 2019
Bitcoin Nears $3,750 as Top Cryptos See Moderate Gains
Saturday, Jan. 19 — all the top 20 cryptocurrencies are seeing slight to moderate gains in the 24 hours to press time. Bitcoin’s (BTC) price is nearing $3,750 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up about 2 percent on the day, trading at around $3,730. Looking at its weekly chart, the current price is higher than $3,663, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) is up just over 1.6 percent on the day, trading at around $0.331 at press time. On the weekly …
Bitcoin / Jan. 20, 2019
Top 5 Crypto Performers Overview: Tron, Neo, Cardano, Binance Coin, Litecoin
After a strong start in 2019, the crypto markets have witnessed sharp selling that dragged the prices down by about 10 percent on Jan. 10. This indicates that the process of bottom formation will be volatile. The traders should aim to book quick profits and trail their stops higher to protect any potential profits. The important event that turned the tide in favor of the bears was the 51 percent attack on the Ethereum Classic network. The crypto markets had topped on Jan. 7, 2018, reaching a total market capitalization of over $835 billion. From there, most of the top …
Altcoin / Jan. 13, 2019
Bitcoin Tops $4,000 Amid Mostly Green Crypto Markets
Monday, Jan. 7 — most of the top 20 cryptocurrencies are seeing slight to generous gains in the 24 hours to press time. Bitcoin’s (BTC) price has surpassed the $4,000 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up nearly 5 percent on the day, trading at around $4,025. Looking at its weekly chart, the current price is above the intra-week high of $3,946 — registered on Jan. 2 — and is also notably higher than $3,841, which is the value of one bitcoin last Monday. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum …
Bitcoin Price / Jan. 7, 2019
Top Cryptocurrencies Mostly in the Red, Bitcoin Falls Below $3,900 Again
Sunday, Dec. 30 — most of the top 20 cryptocurrencies are seeing discreet losses while a few report discreet gains. Bitcoin’s (BTC) price is under $3,900 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down a fraction of a percent on the day, trading at around $3,880. Looking at its weekly chart, the current price is substantially lower than the Monday’s high of $4,271, and also lower than $4,011, the price of BTC one week ago. Moreover, the current price is still substantially up from $3,642 — the mid-week low registered Friday. Bitcoin 7-day …
Bitcoin Price / Dec. 30, 2018
Top Crypto Performers Overview: Ethereum, Ethereum Classic, NEO, IOTA, Binance Coin, Stratis
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. 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 2017 was a raging bull market in cryptocurrencies, 2018 turned out to be a massive bear market that wiped out more than $720 billion in total crypto market capitalization. We believe that 2019 will bring back the focus on the fundamentals and the true potential of virtual currencies. With the arrival of …
Ethereum / Dec. 30, 2018