Thursday, August 30: following the week’s brief uptick, crypto markets are today seeing widespread corrections, with the top ten coins by market cap losing between 1.5 and 5 percent on the day. All but 13 minor alts among the top 100 ranked cryptos are in the red, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,942 at press time, down1.52 percent on the day, according to Cointelegraph’s Bitcoin price index. Having broken through the much-fêted $7,000 threshold earlier this week, the top coin has seen a slump set in as of yesterday, August 29. …

Wednesday, August 29: crypto markets are largely holding fort after yesterday’s strong upswing, as Bitcoin (BTC) continues to trade near the $7,000 price point and many of the top ten cryptocurrencies see negligible price change on the day. While a number of crypto assets in the top 100 are seeing mild corrections, these are scattered and are not for now correlated as part of a market-wide downtrend, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,036 at press time, down just half a percent on the day, according to Cointelegraph’s Bitcoin price index. The …

Morgan Creek Digital, backed by the institutional investment house Morgan Creek Capital with $1.5 billion in assets under management , has launched a new Digital Asset Index Fund in partnership with Bitwise, Forbes reports August 28. The new fund will give accredited investors, endowments, pensions and other approved institutional investors the possibility to gain indirect exposure to Bitcoin (BTC), Ethereum (ETH) and eight other large market cap assets, although notably not Ripple (XRP) and Stellar (XLM). This is reportedly because assets such as Ripple and Stellar were created through a pre-mine – meaning that a proportion of the tokens were …

Tuesday, August 28: crypto markets are seeing strong positive momentum bolster a persuasive recovery, as Bitcoin (BTC) breaks above the $7,000 price point and all but 3 altcoins amid the top 100 cryptocurrencies post strong gains on the day. Growth among the top ten largest assets ranges between 4.5 to almost 20 percent, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,016 at press time, up around 4.2 percent on the day, according to Cointelegraph’s Bitcoin price index. The top coin has seen several days of recovery since its brief price dent August 22 …

New issuances of stablecoin Tether (USDT) are not currently affecting the prices of either major cryptocurrencies or smaller altcoins, Bloomberg reports August 24. In the article, Bloomberg noted that the allegations that Tether has been used to manipulate or stabilize the price of Bitcoin (BTC) — previously put forward in a paper from the University of Texas — are not holding true for the crypto markets this August. The paper, published in mid-June, had claimed that Bitcoin reached its all-time high of $20,000 due to price manipulation involving both Tether and sixth largest crypto exchange Bitfinex, which is reportedly “the …

Crypto markets continue to see red today, July 12, as data from Coin360 shows, with Bitcoin (BTC) falling below the $6,200 price point. All of the top 50 coins by market cap are red on the day to press time. Market visualization from Coin360 The markets have now reversed their weekend upswing, which followed a promising week in which they consolidated gains first claimed in a late June rebound. The downward trend comes as the governments of major markets globally are refining their official regulations on cryptocurrency. Bitcoin is trading around $6,170 to press time, down about 3 percent over …

Tuesday, July 10: crypto markets have taken a deep plunge today, after a week of relatively stable growth. All but one of the top 20 cryptocurrencies by market cap are in the red, with total market capitalization going back to its monthly low levels. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,417 point at press time. The top cryptocurrency is down almost 6 percent over the past 24 hours and 2.9 percent over the past week, even after pushing close to the $7,000 price point July 8. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) …

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. The lack of mass adoption in daily use has led many critics to question the future outlook of cryptocurrencies. However, researchers at Imperial College London have said that within the next decade, digital currencies will be used as a payment method for goods and services. In just a little over eight years, cryptocurrencies, …

The crypto markets are on a strong upswing today, July 8, as data from Coin360 shows, with with Bitcoin (BTC) pushing the $7,000 price point. Virtually all of the top 100 coins by market cap are green on the day to press time. The markets have seen just over a week of solid consolidation of gains first claimed in their late June rebound, and today appear to be pushing even higher resistance levels. Market visualization from Coin360 Bitcoin is trading around $6,752 to press time, up 3 percent over the 24-hour period, bringing its weekly gains to a solid 6-7 …

Crypto markets continue to see mixed signals, but hold recent gains today, July 6, according to data from Coin360. All but one of the top ten coins on CoinMarketCap are seeing only minor fluctuations over the past 24 hours to press time. Market visualization from Coin360 Bitcoin (BTC) is challenging $6,600, trading at $ 6,650 at press time, up just about 1 percent over the 24-hour period. The leading cryptocurrency holding gains made since June 30, solidly trading above the $6,300-6,400 resistance level, which market research firm Fundstrat’s Robert Sluymer says the coin needs to “rally through” to reverse its …

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. Fundstrat Global Advisors co-founder Tom Lee continues to be bullish on Bitcoin. He expects Bitcoin to trade roughly at 2.5 times the mining cost, which according to him will increase from the current levels of $7,000 to $9,000 by the year end. Lee has a target of $20,000 and higher for Bitcoin by …

Thursday, July 5: crypto markets are seeing some red, with most major coins down up to 3 percent in 24 hours to press time. The total market cap has dropped by $4 billion since the same time yesterday, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is currently trading at around $6,597. The coin is down about 1.5 percent over the past 24 hours, but it’s still keeping above the psychologically important $6,500 mark. Bitcoin is still up on the week with an 8 percent increase in value. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) similarly …