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Bitcoin Heading to Record Highs Again

Crypto traders have been in a positive mood in the first month of autumn. Thus, the most popular cryptocurrency, bitcoin, is trading today at around $7,325. Solid support for the asset was provided by news that developers of Bitcoin Core are prepared to release a new major version of the software. The pre-release version is already available on Github. However, the exact release date has not yet been announced. In the meantime, it is worth […]

Cryptocurrencies Lack Momentum Again

This week cryptocurrencies did not manage to maintain bullish momentum for long. Today, the virtual money is trading under pressure. Bitcoin quotes retreated from the level of $7,000, trying to hold their position near this area. However, experts anticipate that pressure on the digital money will ratchet up. A fall in virtual currencies was triggered by the news about plans of finance ministers of 23 European countries to discuss risks […]

Crypto Market Trading in Green

Cryptocurrencies have been following the upward trajectory since Monday. The digital currencies found support from the news that the US Securities and Exchange Commission could review its decision to reject 9 applications to list and trade various bitcoin exchange-traded funds. Last week, the Commission disapproved a total of 9 enquiries from 3 companies to launch bitcoin-based funds. The Commission voiced concerns about fraud and manipulations with quotes that is […]

Cryptocurrencies to Win Back Losses

After a sharp drop, prices of cryptocurrencies are making efforts to regain earlier losses. On Bitfinex trading floor, bitcoin surged by over 5% to trade at above $6,400 a token. Experts say that the rally in the cryptocurrency market is propelled by expectations of an important event. In June, a US investment company in tandem with developer of crypto assets applied to the US Security and Exchange Commission for the establishment of a crypto fund. The Commission delayed taking a decision until […]

Cyber Attacks Limit Rise in Cryptocurrencies

The cryptocurrencies started this trading week in positive mood, demonstrating gradual increases. Today, bitcoin is trading slightly below the level of $6,600. Remarkably, a rise in quotes of virtual money was boosted by comments of the Chief Executive Officer of a big Swiss financial holding. He supported the blockchain technology. Sergio Ermotti said that this technology, can make businesses more effective. However, a rise in bitcoin quotes is limited today. […]

Crypto Traders Resume Purchases

Considerable changes took place in the crypto market. Bitcoin left bears behind and headed towards the weekly high. The digital asset is rising, getting close to the mark of $7,500. Experts link the uptrend to correction after a long slump. It was the news that the US started investigation into the manipulation of the cryptocurrency rates that undermined bitcoin. As analysts had supposed earlier, digital assets completely depend on news. Yesterday, the South Korean […]

Crypto Assets Going Lower amid Negative Background

The downtrend has resumed in the cryptocurrency market. Experts suppose that sales will continue for quite long time. The reason behind the decline in digital assets its tighter control over the cryptomarket in several countries. The United States has started criminal investigations into bitcoin rate manipulations. Canada also brings to light fraudsters who sell tokens illegally. Today, bitcoin is trading at $7,200 a piece after losing around $300 […]

Buyers of Oil and Cryptocurrencies Regain Confidence

Market players on forex are anticipating macroeconomic data from the US. Meanwhile, oil traders are vigorously buying crude futures. Oil prices rose to multiyear highs on Tuesday. The Brent Crude Benchmark grade is approaching $80 a barrel. Oil prices find support mainly from the decision of Washington to withdraw from the nuclear deal with Iran and reimpose sanctions against Tehran. Such developments are viewed as the first signal […]

Cryptocurrency Comparison

Bitcoin, the original cryptocurrency, and still the biggest by market cap, but with slowing transaction speeds, and high energy usage, some newer cryptocurrencies offered technical breakthroughs that could challenge its position as the market leader. Let's take a look at some of the contenders. Litecoin was designed to be the silver as compared to bitcoin as gold, with a maximum supply of 4 times that of its rival. This means that its price is […]

Consensus 2018 to Return Bulls to Crypto Market

Cryptocurrencies have failed to hold at highs for long due to the Asian central banks, those of Japan and South Korea in particular. The Bank of Japan plans to impose stricter rules for crypto exchanges in order to prevent new hacker attacks. Earlier, South Korea also established rigid rules which made a considerable negative impact on digital assets. This time, the country's authorities decided to soften restrictions on cryptocurrency trading. Still, bitcoin remains under […]

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