Ethereum 

Major Coins Trading Sideways With Moderate Losses, Bitcoin Near $10,400

Sunday, July 21 — Major coins are mostly trading sideways, remaining relatively quiet with moderate losses over the past 24 hours, according to data from Coin360. Market visualization from Coin360 The leading cryptocurrency Bitcoin (BTC) broke the $11,000 threshold earlier yesterday, but could not hold its position and dipped to its current price point of $10,406, down by 1.86% on the day. In terms of its weekly performance, BTC has lost 2.20%. Bitcoin 24-hour price chart. Source: Coin360 The second-largest crypto, Ether (ETH), has taken a downturn as well and…

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Ethereum 

Bitcoin Falls Under $10,400 as Major Altcoins See Double-Digit Losses

Sunday, July 14 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $10,400 mark. Market visualization courtesy of Coin360 Bitcoin is currently down by over 9% on the day, trading at around $10,392 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 7.23%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $24.8 billion. The…

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Blockchain 

Crypto Markets Continue Trading in Red, Oil Reports Losses

Thursday, July 11 — major cryptocurrency markets are trading in the red zone, with just a few coins reporting moderate gains, according to Coin360. Market visualization courtesy of Coin360 The leading cryptocurrency Bitcoin (BTC) has continued coming down after yesterday;s sharp drop to trade at around $11,740 as of press time. The coin has lost 4.39% over the past 24 hours. During the day, Bitcoin has been trading in a narrow corridor between $12,191 and $11,377. As reported earlier today, Bitcoin trading in Zimbabwe has continued to surge after the government…

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Ethereum 

Top Crypto Markets Report Losses, Bitcoin Hovers Around $11,000

Friday, July 5 — the top-20 digital currencies by market capitalization are trading in the red zone, with only Chainlink (LINK) seeing daily gains, according to data from Coin360. Market visualization courtesy of Coin360 Bitcoin (BTC) has been trading in a narrow corridor from $11,701 to $10,751 as its highest point during the day. The leading crypto has lost 6.25% over the past 24 hours, and is currently trading at $10,969. In terms of its weekly performance, bitcoin has seen a price drop by 2.73%. Bitcoin has become less correlated…

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Bitcoin 

5 South Korean Crypto Exchanges Take On New Responsibility for User Losses

Five cryptocurrency exchanges in South Korea have increased their liability to users in line with demands from regulators. Local English-language news outlet The Korea Herald reported the news on June 17, citing Yonhap News Agency. A year after the Fair Trade Commission requested Bithumb and four other platforms to adapt their policy, the companies will now hold themselves accountable in the event of user funds being stolen. The onus for paying out will lie with the exchanges even if no willful or gross negligence occurred on their part, The Korea…

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Blockchain 

Blockchain Developer Dispatch Labs Suffers Losses Despite Market Recovery

Blockchain company Dispatch Labs is incurring considerable losses despite extensive investment and a recovering cryptocurrency market, technology-focused news outlet Cryptobriefing reported on June 14. Initially, Dispatch Labs received funding from its executive team, subsequently raising over $13 million in a series of private rounds from other investors such as China-based capital firm Fenbushi Capital during the first half of 2018. However, the value of the raised capital slumped considerably following the market drop in the first quarter of the year. The company’s CEO Matt McGraw reportedly said that the team…

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Bitcoin 

Bitcoin Worth Over $8,400 as Most Top Altcoins See Losses

Friday, June 14 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) crossed the $8,400 mark again after breaching it earlier today. Market visualization courtesy of Coin360 Bitcoin is currently up over 2.8% on the day, trading around $8,420 at press time, according to Coin360. Looking at its weekly chart, the coin is up about 7.35%. Bitcoin 7-day price chart. Source: Coin360 American digital asset manager Grayscale claimed in recently published research that bitcoin vastly outperformed traditional wealth preservation assets…

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Ethereum 

Bitcoin Briefly Breaks $8,000 as US Stock Market Sees Slight losses

Wednesday, June 12 — 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 after breaching it earlier today. Market visualization courtesy of Coin360 Bitcoin is currently up over 2% on the day, trading around $7,987 at press time, according to Coin360. Looking at its weekly chart, the coin is up nearly 4%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands…

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Bitcoin 

Bitcoin Recovers to Trade Above $8,000, Oil Market Reports Losses

Monday, June 10 — The top 20 cryptocurrencies on CoinMarketCap are showing mixed signals, with bitcoin (BTC) back over the $8,000 price mark after seeing a dip under $7,900 on June 8. Market visualization from Coin360 As of press time, bitcoin is up 2.18% on the day to trade at around $8,029. The leading cryptocurrency started the day as low as $7,680, subsequently reaching the current price point. On its weekly chart, the coin has lost slightly over 8%. Bitcoin price analyst Oliver Isaacs said last week that the coin…

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Ethereum 

Bitcoin Price Dips Back Under $8K as Top Cryptos See Moderate Losses

Saturday, June 8 — 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. Market visualization courtesy of Coin360 Bitcoin is down nearly 3% on the day, trading around $7,870 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is down over 8%. Bitcoin 7-day price chart. Source: CoinMarketCap As Cointelegraph reported yesterday, cryptocurrency investment products and research firm CoinShares estimates that 74.1% of bitcoin mining is powered by renewable energy in…

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