Markets

The Birth of an Asset Class: Expert Blog

10 months ago admin2 Comments Off on The Birth of an Asset Class: Expert Blog
We have passed a tipping point for the evolution of Blockchain technology as the token universe moves firmly into asset class territory. The market has consistently held value in excess of $100 bln since the summer, with daily volumes in excess of $4 bln The rhetoric on Bitcoin has become more measured with broader considered Read More

Monaco Prepaid Card Bins Asset Contract, Token Dives 40% in a Day

10 months ago admin2 Comments Off on Monaco Prepaid Card Bins Asset Contract, Token Dives 40% in a Day
Bitcoin prepaid debit card operator Monaco’s token is plunging Wednesday after a code rewrite removed a key aspect from its roadmap. At the same time it announced Visa as card issuing partner for its prepaid rollout, Monaco said its asset smart contract scheme would no longer feature in its future. Holders of its MCO token, Read More

Short-Term Top? Bitcoin Price Seeks Direction on Choppy Charts

10 months ago admin2 Comments Off on Short-Term Top? Bitcoin Price Seeks Direction on Choppy Charts
Back to square one? As per CoinDesk Bitcoin Price Index (BPI) data, bitcoin smashed previous price records to hit $7,355.35 at 11:17 UTC today, only to crash back below $7,000 soon after. At press time, bitcoin is trading at $7,011. As per CoinMarketCap, the cryptocurrency has gained 7.19 percent in the last 24 hours. With Read More

Making Noise: Bitcoin Price Looks Higher as Global Volumes Grow

10 months ago admin2 Comments Off on Making Noise: Bitcoin Price Looks Higher as Global Volumes Grow
Bitcoin’s rally is showing no signs of abating. Prices surged to record levels on the CoinDesk Bitcoin Price Index (BPI) yesterday, with the world’s largest cryptocurrency clocking a new all-time high of $6,306.58. With the push, bitcoin passed its previous high of $6,183 set on Oct. 21. At press time, the bitcoin-U.S. dollar (BTC/USD) exchange rate Read More

Bitcoin Cash Rally Stalls as Traders Price in Possible Fork

10 months ago admin2 Comments Off on Bitcoin Cash Rally Stalls as Traders Price in Possible Fork
Bitcoin cash is trending down amid news of an upcoming technical change. After rallying more than 30 percent over the last week, with prices clocking a five-week high of $522.95 on Sunday, the bitcoin cash-US dollar (BCH/USD) exchange rate is $438 at press time, up slightly from a low of $415 yesterday. However, the move Read More

Vertcoin Clocks Record High Ahead of Reward Reduction

10 months ago admin2 Comments Off on Vertcoin Clocks Record High Ahead of Reward Reduction
Bitcoin isn’t the only cryptocurrency trading at all-time highs today. At press time, the vertcoin-U.S. dollar (VTC/USD) exchange rate is $5.55, its highest level ever. Week-on-week, VTC has witnessed a 69 percent appreciation in value, while on a monthly basis, its price has gone up by an astonishing 431 percent. So, what’s behind the rally? The Read More

Bitcoin Cash Outlook Improves as Traders Greet New Code Release

10 months ago admin2 Comments Off on Bitcoin Cash Outlook Improves as Traders Greet New Code Release
The bitcoin cash rally is back on. At press time, the bitcoin cash-U.S. dollar (BCH/USD) exchange rate hit a four-day high of $505.90 on the day’s trading, before dipping lower to $487.47. As per CoinMarketCap, the cryptocurrency has witnessed a 9 percent gain in value over the last 24 hours. Possibly driving the rally, Bitcoin Read More

Bright Futures: Bitcoin Climbs on CME News, But Is $7,000 in Sight?

10 months ago admin2 Comments Off on Bright Futures: Bitcoin Climbs on CME News, But Is $7,000 in Sight?
Bitcoin has once again smashed expectations. The largest cryptocurrency by total value hit record highs on CoinDesk’s Bitcoin Price Index (BPI) this morning, with prices reaching $6,600 at 11:00 UTC. At the time of writing, the bitcoin-U.S. dollar (BTC/USD) exchange rate has dropped somewhat to $6,498, but that said, BTC is up 3.76 percent in the Read More

Bitcoin Sets New Record as Price Tops $7,000

10 months ago admin2 Comments Off on Bitcoin Sets New Record as Price Tops $7,000
Another day, another record… Bitcoin prices have continued to climb overnight, building on consecutive highs in recent days and ultimately reaching a new all-time high close to $7,000. At 07:00 UTC, bullish bitcoin trading saw Read More

A Minute’s Silence For Altcoins as Bitcoin Highs Slice Value Across Markets

10 months ago admin2 Comments Off on A Minute’s Silence For Altcoins as Bitcoin Highs Slice Value Across Markets
Bitcoin’s rise over $7,200 Thursday has piled pressure on already sidelined altcoin markets, leading many into freefall. An analysis of Coinmarketcap’s top 20 altcoin listings shows a depressing picture as Bitcoin’s surge leaves many struggling to stay above multi-month lows. Notable standouts are the Bitcoin Cash fork and controversial newcomer BitConnect, opportunistically riding enthusiasm surrounding Read More