Markets Update: Bears Claw Crypto Prices Back While Uncertainty Fills the Air

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Digital asset markets fell hard during the early morning trading sessions on May 17 as the price of bitcoin core (BTC) quickly tumbled from $7,900 to a low of $6,200 on Bitstamp. Many other crypto markets followed BTC’s drop in value, but over the last few hours, a good portion of coins have regained a…

Markets Update: Crypto Prices Continue to Gather Bullish Momentum

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Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software Has Been Rolled Back Before Crypto Markets Add $20…

Indian Crypto Traders Undeterred by Ban Rumor

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The Indian crypto community is undeterred by the widespread rumor that its government is discussing a bill which could ban some cryptocurrencies. Local crypto exchanges have revealed to news.Bitcoin.com that their trading volumes have been increasing despite this report. Meanwhile, experts have weighed in on this possible bill, and another crypto exchange may be shutting…

Bitcoin breaks $6700, crypto market back above $200 billion

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After breaking $6,000, Bitcoin passed through another major resistance zone between $6,100 and $6,450. Altcoins, however, are not performing as well and Bitcoin’s dominance has increased to 59.26% at the time of press. Bitcoin Decoupling Bitcoin’s bullish momentum has shaken off a lot of bears out of the market. Tyler Jenks, a 40-years trading veteran,…

Markets Update: Crypto Prices Show Strong Recovery After Binance Loss

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Cryptocurrency markets are doing much better the day after the digital asset exchange Binance lost roughly 7,000 BTC ($40 million). Immediately after the trading platform officially announced the multi-million dollar loss, the cryptoconomy shed billions but since then most digital assets have recovered and markets are doing surprisingly well. Also read: $500K of BCH Shuffled…

Markets Update: Crypto Prices Recover as Bitcoin Cash Leads the Charge Again

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On April 25, cryptocurrency markets tumbled after the controversy between the New York Attorney General’s (NYAG) office, the stablecoin company Tether, and Bitfinex exchange. Since then, prices have slightly recovered and the entire cryptoconomy regained $4.3 billion after losing $10 billion last Thursday. Moreover, out of the top 10 cryptos by market capitalization today, bitcoin…

Markets Update: Crypto Bulls Lose Footing After Stablecoin Controversy

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Cryptocurrencies dropped in value yesterday after the New York Attorney General’s court filings against Bitfinex and Tether were published. Currently, the entire market capitalization is roughly $170 billion and most cryptocurrencies have lost 2-10% of their value since the announcement. Also read: Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs…

Survey Shows South Koreans Increased Crypto Holdings by 64% Last Year

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Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over…

Five major cryptocurrencies with a YTD return of over 200%—BNB, BAT, ENJ, RVN, CRO

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With the cryptocurrency market now increasingly in the green, it seems that every coin in the market is a winner. There seem to be a few outliers when it comes to year-to-date gains. Read on for five major cryptocurrencies that have seen their prices surge more than 200 percent since the beginning of the year.…

New York BitLicense could convince the CFTC to greenlight Bakkt

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Bakkt, an institutional cryptocurrency trading platform led by the Intercontinental Exchange (ICE), is reportedly considering obtaining a New York BitLicense. Because the CFTC is reluctant to approve its bitcoin futures, sources close to the matter said that Bakkt believes the New York license will help ease the Commission’s concerns. Bakkt Faces Issues with US Regulators…