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Markets


After a relatively low start to the month in the crypto market, the total market cap of all cryptocurrencies has again broken $500 bln today, Feb. 17, according to CoinMarketCap. The total market cap is currently around $502 bln at press time. Bitcoin (BTC) has stayed well above the $10,000 mark, currently trading at about …

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This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. One of the most popular memes on the cryptocurrency subreddit r/bitcoin, arguably the largest concentration of Bitcoin enthusiasts on the internet, depicts a cartoon coin riding a roller coaster …

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Atari SA, a French holding company that contains the former Atari, Inc., the publisher of video games such as Tetris and Pac Man, has seen its share price go up more than 60 percent after announcing that it would invest in cryptocurrency, Bloomberg reports Thursday, Feb. 15. According to Atari’s press release earlier this month, Atari …

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The executive director of the Bitcoin Foundation Llew Claasen predicted that the price of Bitcoin will hit $40,000 by the end of 2018, while 90% of all other cryptocurrency projects will fail, Business Insider reported Feb. 15. As Claasen stated at the Startup Grind conference which took place Feb. 12-14, this failure will be caused …

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The crypto markets continue to experience a mood of slight growth this week, with Bitcoin (BTC)’s price today climbing above the $10,000 mark and the top ten altcoins on CoinMarketCap following by being uniformly in the green. Since the market dip in late January and another dip in early February, the overall crypto market cap …

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The crypto markets continued to mount a recovery this week, brushing aside fears of a possible lull ahead of the Chinese New Year holiday. At the close of the seven-day session, the total value of all cryptocurrencies is being reported at $471 billion by data source CoinMarketCap, up 22.65 percent from $384 billion seen last …

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Bitcoin cash has rallied more than 96 percent from recent lows, but still remains trapped in a bearish pattern, the technical charts indicate. As of writing, bitcoin cash (BCH) is trading at $1,500, as per data source CoinMarketCap. The world’s fourth-largest cryptocurrency by market capitalization has appreciated by 11 percent in the last 24 hours, …

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Having found weak hands above the $10,200 mark in Asian hours, bitcoin has slipped back into four figures. The cryptocurrency rose above $10,000 at 17:29 UTC yesterday, but ran into offers at $10,218 and dropped to $9,865.29 at 21:59 UTC. Another attempt to score gains above the $10,000 mark ran out of steam at a …

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It was around midnight, January 31, when K. received an email from Coinbase containing a 1099 tax form. That was strange enough – K. certainly didn’t expect a cryptocurrency exchange to be a conduit for government documents. Then K. looked at how much Coinbase said he owed money on: $2.4 million. “I initially freaked out, considering …

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Bitcoin’s price is back above $10,000. The last notable time bitcoin, the number one cryptocurrency by market capitalization, passed this threshold was in December of last year as it charted a course to record highs around $20,000. Since the Feb. 6 low around $6,116 (as per CoinMarketCap) – a correction that saw bitcoin lose 69.5 …

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The recovery of the crypto market is looking stronger by the day, and litecoin is leading the way. As of writing, the total market capitalization of all cryptocurrencies stands at $466 billion – the highest level since Feb. 2, and a 68 percent rise from the low of $276 billion seen on Feb. 6. The …

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Having hit two-week highs, bitcoin is now aiming for the $10,000 mark and beyond, but further gains may be transient, the charts indicate. Bitcoin (BTC) picked up bid yesterday following a bullish breakout on charts and rose above $9,000 in a convincing manner. The cryptocurrency moved higher to $9,961 today – the highest level since …

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Tom Goldenberg is chief technology officer at Commandiv, a combined stock and crypto trading platform providing investors with automated trade recommendations and rebalancing tools.  The New York Times economist Paul Krugman keeps bashing bitcoin. Why would you trade such a volatile asset, he asks, if it lacks fundamentals? “So, bitcoin just lost half its value. Where does …

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Credit rating service Moody’s said Wednesday that it doesn’t believe the launch of bitcoin futures will hurt the creditworthiness of either CME or Cboe. Moody’s published the report earlier today, a move that comes nearly two months after the exchanges first moved to list the derivative products. The 11-page release argues that the combination of risk …

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Litecoin (LTC) is putting on a show today amid news a group of developers may seek to fork its blockchain, the fifth-largest by total value. The cryptocurrency was last seen changing hands at $216, a one-month high, according to data service CoinMarketCap. Overall, LTC has appreciated by 29 percent in the last 36 hours, up over 100 …

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Bitcoin looks set to test the $10,000 mark soon, as per technical analysis, although some investors fear the Lunar New Year may play spoilsport. Ahead of New Year holidays (starting Feb. 15), Chinese and South Koreans often exchange bitcoin for fiat currencies (to fund increased spending), and bitcoin (BTC) tends to drop in the run-up …

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Japan’s Coincheck exchange reinstated Japanese yen withdrawals yesterday and investors are already flocking to take out their funds following the firm’s recent hack. According to a company announcement on Feb. 13, soon after Coincheck partially resumed operations on Tuesday, it had already processed 40.1 billion yen (or $373 million) in withdrawal requests from existing investors. The …

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Cryptocurrency startup Coinbase said Tuesday that its U.S.-based users won’t be able to add new credit cards as a payment option. Making the announcement through its official blog post on Feb. 13, Coinbase said the platform currently is unable to offer a smooth credit card purchase experience. As a result, it has “disabled adding new …

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The Canadian Securities Exchange (CSE) plans to launch a blockchain-based clearing and settlement platform for token sales, it announced today. The initiative will see the CSE move to list so-called “Security Token Offerings,” through which blockchain-based assets which are explicitly securities would be offered and sold. The blockchain-powered platform represents a new service area for …

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South Korea is considering adopting an approval system for crypto exchanges based on New York’s BitLicense system, local news outlet BusinessKorea reports. BusinessKorea writes that it is unlikely any final decision will be made until after the June 2018 elections in the country. A government official spoke to them about the option as part of …

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