Bitcoin 

Bitcoin Price Back Above $8K as Pound Sterling Rises on Brexit Deal

Bitcoin (BTC) climbed back above $8,000 on Oct. 17 as news the United Kingdom had agreed on a deal with the European Union over Brexit ricocheted through markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin Price Reclaims $8K Data from Coin360 showed Bitcoin behaving more like the pound sterling (GBP) on Thursday, gaining 1.3% against the dollar to trade around $8,100. Previously, its trading range had remained under the $8,000 boundary since arriving there on Wednesday amid heavy selling pressure.  As has become characteristic of Bitcoin in recent months, sudden…

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Bitcoin 

Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates

Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will boost the price of gold.  Canadian finance news outlet BNN Bloomberg interviewed Mark Mobius on Aug. 20. The legendary investor believes cryptocurrencies will help the rise of gold. He explained:  “You have all these currencies, new currencies coming into play. […] I call them ‘psycho currencies,’ because it’s a matter of faith whether you believe in Bitcoin or any of the other cyber-currencies. I think with the rise of that, there’s going to be a demand for real, hard assets,…

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Bitcoin 

What Bear Market? Bitcoin Price Rises to $10,500 Eyeing a Breakout

Bitcoin (BTC) price climbed back over $10,000 to nearly $10,500 on the morning of August 2 as the market has shown a surprising bounce defying earlier calls by some traders for more downside.  Market visualization. Source: Coin360 “August could turn out to be a good month” Trader and market analyst Josh Rager said that BTC/USD moving back above $10,000 is finally showing some nice follow through.  “A close above previous 4hr resistance is a nice sign,” he continued. “The good news about the death cross is that it leads to…

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Blockchain 

BTC Peer-to-Peer Trading Rises Amid Ban on USD in Zimbabwe: Report

Bitcoin (BTC) trading in Zimbabwe has continued to surge after the government banned the use of foreign currencies on June 24, business news agency Quartz Africa reported on July 10. The country is reportedly seeing a rise in peer-to-peer (P2P) crypto trading as there are no local exchanges offering cryptocurrency transactions due to the existing ban on providing such services enacted by Zimbabwe’s central bank in May 2018. Since Zimbabwe recently re-introduced its local currency, the Zimbabwe dollar (ZWD), after abandoning it in 2009, Bitcoin has apparently become a more…

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Ethereum 

Bitcoin Falls Under $4,000 as United States Oil Rises

Tuesday, March 26 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time, as Bitcoin (BTC) has fallen under $4,000 again. Market Visualization Courtesy of Coin360 Bitcoin is down over a percent on the day, trading at around $3,967, according to CoinMarketCap. Looking at its weekly chart, the current price is over two percent lower than $4,060, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Recently, crypto bull Tim Draper has given advice to the president of Argentina to…

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Ethereum 

Crypto Markets Report Slight Gains While Gold Rises

Friday, March 22 — All the top 20 cryptocurrencies, except Tether (USDT), are in the green, having overcome yesterday’s drop. Market visualization from Coin360 Bitcoin (BTC) is up 0.31 percent over the past 24 hours, and is trading at around $4,045 at press time. The coin started the day at $4,029, with a jump to as high as $4,053 in the middle of the day. In terms of a weekly view, Bitcoin has gained around 1.9 percent, while in terms of the month BTC has increased by just one percent.…

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Ethereum 

Ethereum Reclaims Top Altcoin Position, Rises $500,000 Clear of XRP’s Market Cap

Ethereum (ETH) has beaten Ripple (XRP) to reclaim its position as the largest altcoin by market cap, data from CoinMarketCap confirmed on Jan. 2. As part of a return to positive gains throughout the top twenty cryptocurrency assets through Tuesday, ETH — which had spent multiple weeks in the number three spot — suddenly reemerged, at press time surpassing XRP’s market cap by around $500,000. The move comes on the back of fresh controversy for both XRP and its relationship with payment network Ripple. Confusion over whether or not Ripple…

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Ethereum 

Crypto Markets See Modest Gains, Bitcoin Rises Above $3,400

Wednesday, Dec. 12: Cryptocurrency markets have seen moderate gains on the day, with all top 20 coins by market capitalization in the green, according to Cointelegraph’s Coin360. Market visualization from Coin360 Bitcoin (BTC) began the day around $3,414, subsequently reaching its intraday high of $3,534. At press time, the major coin is trading at $3,499, up 2.21 percent over the last 24 hours. Bitcoin daily price chart. Source: CoinMarketCap Today, Cointelegraph reported that the R&D lab at crypto startup TenX has tested the use of its cross-blockchain interoperability protocol to…

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Ethereum 

The Biggest Rises and Falls of Bitcoin, Explained

5. What is it about Novembers? Over the course of 2018, Bitcoin has had an annus horribilis — with prices tumbling by more than 83 percent when compared to the all-time high of $19,783. This is worse than the Nasdaq’s plunge when the dot-com bubble burst in the U.S. — and it has also delivered catastrophic consequences for many other digital currencies, which have now been rendered worthless. This is because the fate of many coins, and indeed other cryptocurrencies, is tied to blockchain in some way or another. Just…

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