Ethereum (ETH) has reclaimed its position as the largest altcoin by market cap, data provided by CoinMarketCap shows on Wednesday, Jan. 2.
Changpeng Zhao, the CEO and co-founder of major cryptocurrency exchange Binance, believes that 2018 is a “correction year” for cryptocurrencies, which makes him express general optimism for the future of the industry.
Bank statements reviewed by Bloomberg News suggest fears that the dollar-pegged digital coin, issued by Tether Ltd. (USDT), wasn’t actually backed by billions in real cash, may be unfounded.
Thomas Lee, head of research at Fundstrat Global Advisors, still believes in Bitcoin’s strong upside potential, even though the price of the flagship cryptocurrency continues to plummet, reaching new yearly low on Friday, December 14.
The price of Bitcoin dropped below the $3,800 level on several exchanges on Monday, December 3, while the general pessimistic sentiment on the market reflected in declining Bitcoin’s network difficulty, which earlier today fell by more than 15 percent following the regular adjustment.
On Saturday, Nov. 24, price if the flagship cryptocurrency dropped below the $4,000 support level for the first time since September 2017. It even went worse, as Bitcoin dropped at some point below $3,500 at exchanges like Coinbase and Bitstamp, however, come Sunday evening, the prices were somewhat stabilized around the $3,750 mark, as CoinMarketCap […]
On November 20, ICE, the parent company of the New York Stock Exchange, announced the delay of the Bakkt Bitcoin futures market launch from December 12 to January 24, 2019.
Start of a new week turned out be far from bright for the flagship cryptocurrency, as the gradual slide turned into a free-fall. At approximately 16:30 UTC on Monday, Nov. 19, for the first time in 2018, the price of Bitcoin fell below $5,000 on several exchanges, including Bitstamp and Coinbase.
The flagship cryptocurrency sank to its lowest price in over a year on Wednesday, November 14, with the prices of other altocoins crashing heavily as well.
Stellar Lumens (XLM) has surpassed EOS as the fifth-largest cryptocurrency by market capitalization on Monday, November 12. At press time, XLM’s market cap, according to data provided by CoinMarketCap, was $5,1 bln, while EOS stood at $4,9 bln.
Bitcoin Cash (BCH), the fourth largest cryptocurrency in terms of market cap, is trading well over $540 on the majority of exchanges on Sunday, November 4, having increased by almost 15% over the past 24 hours, and by more than 24% over the 7 day streak.
The price of the Tether stable coin (USDT) pegged to the US dollar has tanked to an 18-month low on Monday, October 15, pushing the premium of Bitcoin and other cryptocurrencies on Bitfinex and a number of other exchanges.