Bitcoin 

Bitcoin Price Reclaims $12k as Dominance Highest Since April 2017

Bitcoin (BTC) price has retaken $12,000 in a final push following several days of intense upwards price action. Bitcoin 7-day price chart. Source: Coin360 Bitcoin bulls reverse multi-week downturn Data from Coin360 showed BTC/USD hitting $12,142 on Aug. 6, bringing its weekly gains to over 25%.  The pair is now trading at its highest since July 11, and comes amid continuing tensions in the trade war which began between China and the United States.  Combined with unrest in Hong Kong and the U.S. designating China a currency manipulator this week,…

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Ethereum 

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April

Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals as of July 16. Bitcoin’s Uptrend in Daily Transaction Value Eclipsing Altcoins’ The data — which has been adjusted to remove noise and certain artifacts, per Coinmetrics — shows an impressive uptrend in the USD value for the volume of the coin’s transactions and transfers over the past 90 days. On April 17, the average daily value was at $1.04 billion as compared with $3.22 billion on July 16, an almost 210% increase.…

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Ethereum 

Weekly Price Overview: Cardano, April 24

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Cardano is the seventh largest cryptocurrency in terms of market capitalization. It has made a stellar comeback in the past few days on the back of its listing on the Huobi exchange and introduction of additional trading pairs on Binance exchange. #Binance Adds…

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Cryptocurrency 

Weekly Price Overview: NEO, April 26

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. NEO has been an underperformer in the ongoing recovery from the lows. It has dropped to the tenth spot in terms of market capitalization. Many believe that NEO’s potential will be fully realized only in about 3-5 years from now, so it seems…

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Bitcoin 

Centralized Crypto Exchanges Saw Major Monthly Volume Uptick in April, Report Shows

Centralized cryptocurrency exchanges saw a major uptick in traded volume this April, the new April 2019 Exchange Review from crypto data provider Cryptocompare has revealed on May 20. Among top fiat-to-crypto platforms, monthly volumes overall increased by a solid 85%. While itself experiencing a 47% drop in volumes, major South Korean crypto exchange Bithumb was the top exchange by total volume in April overall, reporting $17 billion. Bithumb was followed by Upbit and Bitfinex at 8.7 billion USD (up 20%) and 6.7 billion USD (up 114%) respectively, the report continues.…

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Ethereum 

Bitcoin Touches $8,200, Gold Hits Its Highest Point Since April

Wednesday, May 15 — All of the top 20 coins are in the green after seeing some losses over the past day, with some reporting double-digit gains, according to Coin360. Market visualization by Coin360 The leading digital currency bitcoin (BTC) is up over 4% on the day, trading at $8,135 at press time after reaching above $8,200. Earlier today, bitcoin dropped under the $8,000 price point to trade as low as $7,807. On its weekly chart, bitcoin saw its lowest price point at $5,942 on May 8, while its highest…

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Bitcoin 

Average Bitcoin Transaction Fees Increased by Nearly 200% From March to April

Average bitcoin (BTC) transaction fees increased by nearly 200% in April compared to March, a report released by crypto research firm Diar on May 6. The report also notes that bitcoin miners earned $13.7 million from fees alone — over 71% up from $3.9 million — the amount they made from fees during the previous month. The overall mining earnings in April were $291 million, up nearly 30% compared to March. The on-chain transaction volume has reportedly risen 43% during April and resulted in full blocks, while Segregated Witness (SegWit)…

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Bitcoin 

CME Group’s Net Income Falls 17% in Q1 Amid Record BTC Futures Trading Volume in April

United States derivative market CME Group has reported a 17% fall in net income for the first quarter, according to a news release on May 1. Despite revenues rising over the three-month period, earnings stood at $497 million, compared with $599 million this time a year ago. CME Group chairman and chief executive Terry Duffy said the results amounted to the third-highest quarterly volume in its history “despite low levels of volatility in several product areas.” The group’s revenue had hit record highs in Q1 2018, with volatility in the markets helping…

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Ethereum 

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 29

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Tom Lee, managing partner and head of research at Fundstrat Global Advisors, believes that Bitcoin is in a bull market and it is likely to make a new high in 2020. Lee has based his views on a few signs that, according to him,…

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Ethereum 

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 26

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. While various cryptocurrencies are vying to attract investors attention, stablecoins have silently gained popularity. Currently, most stablecoins are pegged to the U.S. dollar. United Kingdom-based cryptocurrency payment processor Wirex has announced plans to launch stablecoins pegged to various fiat currencies. This, according to them,…

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