Thursday, Oct. 11: markets have taken a steep downturn, even as onlookers had lately been pointing to a period of stable price action in the crypto sphere. Virtually all of the top 100 cryptocurrencies are in the red, with several top-market altcoins losing double-digits in percentage value. Market visualization by Coin360 Bitcoin (BTC) has shed 4 percent in value on the day, and is trading at $6,309 as of press time. Ater a strong week trading sideways to consolidate a higher price point – trading as high as almost $6,670 Oct. 8 – the top coin took a plummet earlier …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 10
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. After a period of relatively calm trading activity, this week has seen a number of adverse news for the crypto markets. The International Monetary Fund (IMF) is wary of the growth in digital currencies’ prices and popularity. In its latest World Economic Outlook report, it has warned that rapid expansion of a new …
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, October 8
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 total trade volume of the crypto market has plummeted. This shows that the current owners are not willing to sell at the current prices. At the same time, the potential investors who are sitting on the sidelines don’t believe that it’s the right time to jump in. This state of equilibrium is …
Monday, Oct. 8: markets have taken a near-unanimous upturn, even as onlookers have been pointing to a period of uncharacteristically stable price action in the crypto sphere. Virtually all the top 100 cryptocurrencies are seeing solid growth on the day, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) has seen a relatively strong boost, by press time growing almost 2 percent on the day to trade solidly above the $6,600 mark at $6,664. The breakthrough to a higher price point comes after several days of sideways trading, with one crypto persona quipped Oct. 5 that “Bitcoin [had] …
“Decentralized internet” protocol TRON’s TRX token surged almost 8 percent Monday, October 8, after CEO Justin Sun claimed its forthcoming update would see it beat Ethereum on speed and EOS on cost. Odyssey 3.1, the latest version of TRON, will go live at 8pm SGT, Sun confirmed on Twitter as a result of “community consensus.” The changes include the launch of the TRON Virtual Machine, which will allow developers to test smart contracts before they transfer to the TRON mainnet. “The TRON Committee function & (Tron Virtual Machine) will go live, marking the start of the Smart Contract Era,” Sun …
Bitcoin (BTC) remained stable Sunday, October 7, capping a week of sideways trading as overall exchange volumes reached their lowest level for thirteen months. Market visualization by Coin360 Data from Cointelegraph’s price tracker and Coin360 show BTC/USD hardly moving compared with the same time last week, with daily and weekly movements concluding at around 0.03 percent up and 0.65 percent down respectively. At press time, Bitcoin is trading at around $6,545, slightly up on its position during the first week of September, while seeing volatility topping $1,500 in the intervening period. Bitcoin 7-day price chart. Source: Cointelegraph Bitcoin Price Index …
Decentralized internet startup TRON announced fresh details of its bid to integrate with torrent client BitTorrent in a press release Thursday, September 27, two months after the first plans went public. TRON, which acquired BitTorrent in July for an undisclosed amount, is now seeking to use its TRX token within the platform’s user base to create a hybrid content sharing ecosystem which leverages cryptocurrency. Dubbed “Project Atlas,” the changes will come in the form of a series of “backward-compatible protocol extensions,” the release shared with Cointelegraph now confirms. “To start, the product will feature faster downloads, more seeds, no mining, …
Tuesday, September 25: amid a market-wide tumble, Ripple (XRP) and Ethereum (ETH) are seeing another day of steep losses. Both coins are shedding percentage value in the double-digits, as data from Coin360 shows. Market visualization by Coin360 While Ethereum has now reclaimed its established ranking as second-largest coin by market cap on CoinMarketCap – which it briefly ceded to a soaring Ripple on September 21. The altcoin has today seen a 10.4 percent loss to trade at $209 to press time. After soaring as high as $250 on September 22, Ethereum briefly held between $240–$245, before a plummet set in …
Thursday, September 20: virtually all of the large-market-cap cryptocurrencies are in the green today, posting solid gains across the board, as data from Coin360 data shows. Market visualization from Coin360 After a volatile week, Bitcoin (BTC) rebounded past the $6,400 mark yesterday night, hitting as high as $6,450 before correcting slightly and then trading sideways to seal its current trading price of $6,410. Bitcoin’s 24-hour growth is at 1.8 percent, according to Cointelegraph’s Bitcoin Price Index. On the week, the top coin is up around 1.1 percent, but down by 1.2 percent on its monthly chart. Bitcoin’s 7-day price chart. …
Monday, September 17: crypto markets are today largely green, but scattered mild corrections are affecting several major-market-cap altcoins, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) is just a fraction of a percent down on the day to trade at $6,484 to press time. Having reclaimed the $6,500 price point September 13, the top coin failed to break through to a yet higher level, but has instead jaggedly circled to consolidate the $6,500 mark. Despite a brief dip earlier today below $6,460, Bitcoin has since somewhat rebounded in the hours before press time. On the week, Bitcoin …
Friday, September 14: After yesterday’s bullish upswing, crypto markets have today been hit with widely-dispersed corrections. Ethereum (ETH) is today’s most resilient large-market-cap altcoin, seeing the most notable growth on the day among the top twenty cryptoassets, as data from Coin360 shows. Market visualization by Coin360 After soaring 18 percent on the day yesterday, September 13 – and peaking as high as $223 during early trading hours today – Ethereum has seen a tempering downwards, before regaining some losses in the hours before press time. At its current $214 price point, the top alt has sealed a solid almost 4 …
Global crypto wallet Abra has enabled the direct purchase and sale of cryptocurrencies for European bank accounts, according to a press-release published by PR Newswire Tuesday, September 4. Abra, which offers 28 cryptocurrencies for consumers worldwide, will now support Single Euro Payments Area (SEPA) bank accounts. As the company’s official Twitter states, the launch of in-app European bank purchases of digital currency has already started. Customers can now transfer euros or several other national currencies directly to their wallet which can, in turn, can be converted into the 28 cryptocurrencies offered by Abra including Ethereum (ETH), Litecoin (LTC), and Ripple …