Bitcoin 

‘Death Cross’ Dampens $8.8K Hopes as Bitcoin Price Recovery Stalls

Bitcoin price (BTC) is down around 1% on Monday, following a strong close to the week on Sunday with a move from lows of $7,875 to highs of over $8,300. The altcoins also bounced around 2% yesterday and have also failed to follow through today.   Despite the strong close to the week, Bitcoin closed the week down around half a percent and the altcoins a similar amount. With an encouraging bounce in the twelfth hour, we examine what this may mean going into the week and if the updraft in…

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Bitcoin 

Crypto Markets Showing Signs of Recovery, Bitcoin Hovers About $8,200

Monday, Sept. 30 — Bitcoin (BTC), together with most altcoins, has been trading relatively flat in the last 72 hours, but the overall crypto market seems to be ready to turn around. Cryptocurrency market daily overview. Source: Coin360 Bitcoin has not yet been able to recover from last Tuesday’s double-digit losses, but the coin is showing signs that a recovery phase might be on the horizon. While billionaire technology investor Mark Cuban said that he would be happier owning bananas than Bitcoin, the most popular cryptocurrency has been trading around the…

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Bitcoin 

Bitcoin Price Fails to Hold Recovery Signs to Drop Below $7.9K

Thursday, Sept. 26 — Bitcoin (BTC) has dipped below $7,800 after the coin touched its four-month lows on Sept. 24. Market visualization. Source: Coin360 Bitcoin entered rough volatility this week after the largest cryptocurrency crashed $1,500 in 24 hours on Tuesday to touch the $8,000 threshold. After seeing signs of recovery earlier today, Bitcoin has seen another sharp sell-off, from an intraday high of around $8,600 to as low as $7,830 at press time, according to Coin360. Bitcoin is down 5.3% over the past 24 hours at press time, seeing…

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Bitcoin 

Bitcoin Price Shows Signs of Recovery as Altcoin Market Stays Red

Thursday, Aug. 15 — Bitcoin (BTC) is seeing some upward movement as Ether (ETH) and XRP continue to slump. Market visualization. Source: Coin360 Bitcoin is trading at $10,407 at press time, representing a 0.82% price increase on the day. Bitcoin has ranged from just under $10,000 to over $12,000 this month and had most recently been on a downward streak. However, after bottoming out around $9,700 today, BTC has turned around to retake the $10,000 barrier and push beyond. Bitcoin 7-day price chart. Source: Coin360 The number two cryptocurrency, ETH,…

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Bitcoin 

Bitcoin recovery breaks back over $10,000

Wednesday, July 31 — After falling below the $10K barrier on July 27 and splashing around in the mid-$9,000s for the intervening days, Bitcoin (BTC) is back in the five figures as of 3:15 PM UTC. Infographic courtesy of CoinMarketCap After starting the day around the $9,500 price point, BTC has seen steady increases on the day so that the token is up 3.88% on the day, which has seen general green across cryptocurrencies. Charts Courtesy of CoinMarketCap With a market cap of $178.5 billion, the largest cryptocurrency has slipped…

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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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Ethereum 

Crypto Markets Show Signs of Recovery, While Oil Prices Slump

Friday, May 31 — cryptocurrencies are on the rise again after seeing a slight correction yesterday, May 30, with EOS (EOS) being the only coin among the top-20 cryptocurrencies to register double-digit gains. Market visualization by Coin360 The leading digital currency bitcoin (BTC) is up slightly over 3% on the day, and is trading at $8,573 at press time. On its weekly chart, bitcoin saw its lowest price point at $7,924 on May 26, while its highest price point of $8,994 was on May 30. Bitcoin 7-day price chart. Source:…

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Cryptocurrency 

Bitcoin Cash Hard Fork | Segwit Recovery & Schnorr Signatures

A Bitcoin Cash hard fork was implemented earlier today as of block 58268. Although the network-split initially met with a hiccup, the upgrade has now successfully completed. Bitcoin Cash Hard Fork The hard fork sees the Bitcoin Cash network implement two new features. They are Segwit recovery and Schnorr signatures. The Segwit recovery means network participants can now recover funds that were sent accidentally to Segwit addresses. Before today, this was impossible due to the “enforcement of the new CLEANSTACK rule” which was implemented in the last upgrade in November. The…

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Ethereum 

BTC Tests $5,000 Amid 2019’s First Major Crypto Market Recovery

Wednesday, April 3 — Bitcoin (BTC) has tested the $5,000 mark for the first time since November 2018, as crypto markets are on the rise for the third day in a row. While some major cryptocurrencies are seeing a mild surge in price, others boast double-digit gains. Market visualization from Coin360 BTC, which skyrocketed yesterday and gained over 14 percent in price over 24 hours, spent a few hours above the $5,000 mark earlier today. The world’s top coin peaked at $5,043 at some point, according to CoinMarketCap stats, before…

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Bitcoin 

Bitcoin Mining Revenue Begins Slow Recovery After 18-Month Lows, New Report Shows

Bitcoin (BTC) mining revenues have begun climbing after falling to their lowest levels in 18 months, statistics from cryptocurrency industry newsletter Diar confirmed Mar. 4. Capping a troubling year for miners, February saw revenue drop to amounts not seen since August 2017 — when Bitcoin was at the start of its most recent bull run. Mining income totalled $195 million in February 2019, down from $210 million in January and a fraction of the $951 million all-time highs seen at the height of the bull run in December 2017. “To…

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