Bitcoin 

Crypto Markets Red as Bitcoin Price Slips Below $10.3K

Friday, Sept. 13 — crypto markets have continued to report mixed signals, with Bitcoin failing to hold $10,300 support on the day. The majority of the top 20 coins by market cap are seeing red this Friday the 13th, with Tezos’ (XTZ) losses reaching nearly 2.3% at press time. However, Dash (DASH) is seeing a far larger growth on the day, up nearly 7% over the past 24 hours at press time, according to Coin360. Market visualization | Source: Coin360 After surging to as high as $10,423 earlier today, Bitcoin…

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Ethereum 

Bitcoin Breaks $12,000 Before Plunging, Crypto Markets Turn Downward

Wednesday, Aug. 7 — Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) briefly broke the $12,000 mark and subsequently fell. Market visualization courtesy of Coin360 The Bitcoin price is currently down 0.67% on the day, trading at $11,673, according to Coin360. Looking at its weekly chart, the coin is up by about 17.27%. Bitcoin 24-hour price chart. Source: Coin360 As Cointelegraph reported earlier today, the correlation between Bitcoin, often referred to as digital gold, and physical gold has almost…

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Bitcoin 

Bitcoin Goes Beyond $10K, US Stock Markets Drop Amid Trade War Fears

Friday, Aug. 2 — Bitcoin (BTC) consolidated at around $10,500, while the top 20 coins by market cap are seeing mixed signals. 13 out of 20 top cryptos by market cap are seeing green at press time, with Texos (XTZ) recording the biggest gains in the list, up more than 6%, according to CoinMarketCap. On the other hand, Litecoin (LTC), the fourth biggest crypto, dropped the most, down more than 4% over the past 24 hours. Market visualization from Coin360 Following a recent bullish move, Bitcoin continued to fluctuate at…

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Bitcoin 

Crypto Markets See Mild Fluctuations, BTC Holds $9,500

Monday, July 29 — crypto markets are seeing mild fluctuations, mixed red and green, while Bitcoin (BTC) is holding ground around the $9,600 mark. Market visualization. Source: Coin360 After a sharp fall on July 28 and a further correction to $9,250 the following day, the top coin has since recovered and stabilized around the $9,590 mark — up 0.5% on the day.  On the week, the coin’s losses are at around 7%, with monthly losses pushing 20%. In light of Bitcoin’s sharp downward turn since its 2019 high of $13,739,…

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Ethereum 

Crypto Markets Report Gains, Bitcoin Trades Near $10,000 Mark

Thursday, July 25 — After breaking its psychological price point of $10,000 earlier today, Bitcoin (BTC) has been hovering around the position during the day, with other major cryptocurrencies also trading in the green. Market visualization. Source: Coin360 Bitcoin has seen an increase of nearly 3.61% on the day, and is trading at $9,987 as of press time. Bitcoin started the day at around $9,815 and subsequently saw a spike to $10,192 marking the daily high as of press time. As a sign of further adoption, a new political action…

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Cryptocurrency 

How Will the Crypto Markets Perform in Coming Years?

The crypto markets roared back to life at the beginning of 2019 after having a poor year previously, but many concerns remain despite the impressive show in the first half of the year so far. In an interview, the Managing Director of the advisory firm PFYN Advisory, Patrick Franz, spoke broadly about the range of changes that could eventually propel the crypto space even further in the years to come. PFYN wishes to eventually harness a crypto markets ecosystem in which traders from all over the world can buy and…

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Ethereum 

Oil Markets Could Save 30% With Blockchain, Data Gumbo CEO Says

Global oil operators can save at least 30% by using blockchain in their infrastructure, according to data by blockchain startup Data Gumbo. Andrew Bruce, CEO of American blockchain startup Data Gumbo, discussed blockchain-powered automated contract execution in the oil industry on Bloomberg Commodities Edge on July 19. When asked how much oil industry players can save by implementing blockchain applications such as blockchain-based contract execution instead of traditional paper contracts, Bruce argued that such solutions could save at least 30%, referring to internal studies by the company. According to Data…

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Ethereum 

Major Crypto Markets Report Mixed Signals, Gold Slightly Fell

Friday, July 19 — Cryptocurrency markets are reporting mixed signals, with most of the top-20 coins by market capitalization are down over the last 24 hours. Market visualization. Source: Coin360 Bitcoin (BTC) has stayed above the $10,000 threshold during the day and is trading at around $10,412 at press time. The leading cryptocurrency has lost 2.14% on the day, while its weekly losses amount to nearly 10%.  As reported earlier today, U.S. Congressman Patrick McHenry, who represents North Carolina’s 10th District, told fellow lawmakers directly that attempts to stop Bitcoin…

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Bitcoin 

‘A Recipe for More Corporate Power Over Markets’

Libra is a “recipe for more corporate power over markets and over consumers,” according to U.S. Senator Sherrod Brown, ranking member of the Senate Banking Committee.  Senator Brown’s recent comments came by way of an official video tweet by NowThis News on July 16, posted hours after the Senate Banking Committee hearing on Facebook’s Libra. Brown appeared especially concerned about Facebook gaining the ability to force people to use their money and play by their rules. He remarked: “What happens when Facebook forces businesses to quit accepting your credit card…

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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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