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Cryptocurrency markets are doing better this week since our last markets update as the entire digital asset economy is now valued at around $270.4Bn. Most digital currencies are up between 7-25 percent over the last seven days and trade volumes have picked up over the last week as well. The trend reversal has given enthusiasts … Read more
The bitcoin markets have rallied after having produced 48 hours of steady consolidation following the recent bounce off support at approximately $5,800. Looking at the 24-hour volume rankings, Coinex has suddenly emerged as a strong market leader, claiming to have hosted $1.5 billion in trade in single day – over $1 billion of which purportedly … Read more
Following a Bloomberg News expose, alleging market manipulation of controversial alternative token Tether (USDT) on its exchange, Kraken fires off a savage blog post mocking journalists and defending their business’ integrity. Also read: Red Flag Waved in Tether’s Relationship with Kraken Exchange Kraken Goes Savage On Bloomberg On Tether: Journalists Defy Logic, Raising Red Flags … Read more
This summer, over 50,000 trades on popular crypto exchange Kraken, concerning the very controversial alternative coin tether (USDT), were analyzed by journalists, an academic, and a former US Federal Reserve regulator. They describe activity monitored as highly unusual in that larger orders of tether failed “to sway prices much.” Red flags were raised due to … Read more
Market action during June has seen a significant slump in trade volume, with the majority of the ten most traded cryptocurrencies experiencing a drop in volume of between roughly 17% and 57% when compared with May. Also Read: ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities Month-Over-Month 30-Day Trade Volume Declines Across … Read more
Cryptocurrency prices have once again dipped some more as most digital assets are seeing 24-hour losses of around 2-10 percent today. Bitcoin Core (BTC) markets have dipped below the $6K region to a low of $5,774 per coin but have since rebounded a hair to $5,907. Bitcoin Cash (BCH) markets dropped to a low of … Read more
Bitcoin prices back in 2013 touched a high of $1,236 per BTC on December 4, and following that spike the price dropped for more than a year, all the way to $225 per coin on June 1, 2015. Last year in 2017 the price of BTC ran up higher, but this time reached $19,600 per … Read more
“When Binance?” is the refrain from impatient bag-holders in ICO Telegram groups. For investors eager to flip their tokens and move onto the next thing, a major exchange listing is the big event, and the sooner the better. But for beleaguered project teams, with a community to manage, workforce to recruit, and decentralized solution to … Read more
Analysis conducted by Diar has indicated that only a minority of cryptocurrencies represent the vast majority of trading volume in the virtual currency markets – with only 0.36% of tradable cryptocurrencies found to have comprised 69% of the total trade volume of the entire cryptocurrency markets. Also Read: The Poor Flip, the Rich Hodl, Startup Finds … Read more
Cryptocurrency bears are still clawing away at digital asset prices on Sunday, June 24 as most of the digital currency market values are down between 3-12 percent over the last 24-hours. The top cryptocurrency market held by bitcoin core (BTC) has touched a triple bottom at $5,832 during the early morning June 24 trading sessions. … Read more
