Bitcoin Price Jumps $1K In 30 Minutes to Top $10,000 Again

Bitcoin surged $1,000 in just 30 minutes during U.S. trading hours Thursday, a move that found the leading cryptocurrency rising from $9,335 to a high of $10,400, based on Bitstamp data. The sudden rally could be associated with the massive unwinding of short BTC/USD positions (profit taking) seen in 30 minutes to 15:00 UTC, as reported by bot powered twitter handle @WhaleCalls. Prices had dropped to a low of $9,280 at 14:00 UTC, having repeatedly failed to beat the psychological resistance of $10,000 in the Asian session and during early European trading…

Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech

With regulators not “nimble” enough to adapt to the fast changing world of technology, those concerned about maintaining their online privacy should consider turning to decentralized technology, according to a leading Republican politician. In an op-ed in the New York Times on Sunday, U.S. House of Representatives minority leader Kevin McCarthy argued that it’s clear governments and regulators are not able to effectively protect citizens’ from platforms like Facebook and Google “exploiting and selling our data.” There are already in place (in the U.S., at least) laws punishing those that…

Top 5 Crypto Performers: BTC, LINK, XMR, BNB, XLM

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. 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. Update: OKB, which was a sponsored coin in this section, has been removed. The total market capitalization of cryptocurrencies has dipped below $300 billion from over $380 billion on June 26. This shows that the sharp recovery from the lows is taking a…

Top 5 Crypto Performers: XMR, BTC, BNB, ETC, XRP

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. 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 current hot debate is whether bitcoin will continue to rally while altcoins languish. Many have been outspoken in support of the largest cryptocurrency as it maintains its market dominance above 62%. Though bitcoin is the undisputed leader, it is unlikely that it…

Bitcoin Below $11,400 as Top Cryptos Trade Sideways

Sunday, July 7 — Мost of the top 20 cryptocurrencies are trading sideways at press time, as bitcoin (BTC) hovers under the $11,400 mark. Market visualization courtesy of Coin360 Bitcoin is currently down by 0.10% on the day, trading around $11,361 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 0.45%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported earlier this week, American investor and co-founder of Morgan Creek Digital Assets Anthony “Pomp” Pompliano explained his investing strategy and skepticism towards fiat currency…

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…

Bitcoin Approaches $11,500 as Top Cryptos See Gains

Saturday, July 6 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) hovers just under the $11,500 mark. Market visualization courtesy of Coin360 Bitcoin is currently up by about three percent on the day, trading around $11,486 at press time, according to Coin360. Looking at its weekly chart, the coin is down by over 7.68%. Bitcoin 7-day price chart. Source: Coin360 According to a recent report released by major cryptocurrency exchange Binance, bitcoin has become less correlated with other cryptos…

Top 5 Crypto Performers: LINK, BTC, NEO, LEO, ETH

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. From being outright dismissive of cryptocurrencies to adopting them, most central banks have come a long way. Research by the International Monetary Fund shows that several countries, both developed and developing, are toying with the idea of launching their own Central Bank Digital…

Bitcoin Hover Over $11,800 as Top Cryptos See Gains

Saturday, June 29 — most of the top 20 cryptocurrencies are reporting moderate to significant gains on the day by press time, as bitcoin (BTC) hovers over under the $11,800 mark again. Market visualization courtesy of Coin360 Bitcoin is currently up about .14% on the day, trading around $11,830 at press time, according to Coin360. Looking at its weekly chart, the coin is up over 13%. 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 $32.5…

Top Analyst’s Doom Warning: Many Cryptocurrencies Will Go Bankrupt

Bitcoin is currently retracing from its strong parabolic move over the last few weeks. This may mean that many crypto enthusiasts are anticipating the advent of the altseason (altcoin season). For those who are not familiar, the altseason is one of the most profitable periods in cryptocurrency trading. It is a time where other crypto tokens exponentially rise in value against bitcoin. Those who catch the move early can grow their bitcoin stockpile anywhere from 2x to 100x. Bitcoin has been booming in H1 2019 but an analyst is predicting…