Crypto Markets Experience Slight Dip But Still Hold Weekly Gains

Thursday, July 19: crypto markets have seen a slight slump over the past 24 hours, but are still holding weekly gains of up to 64 percent among some of the top ten cryptocurrencies by market cap, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) keeps hovering around yesterday’s levels, having seen an intraday low of $7,249. The leading cryptocurrency is slightly down by around .23 percent over a 24 hour period, trading at around $7,418 at press time and still up almost 20 percent over the past week. Bitcoin…

Cryptojacking is Plateauing in Response to Markets

Interest in cryptojacking is potentially waning among cybercriminals in response to lower cryptocurrency market valuations, according to a report from MalwareBytes Labs released July 17. Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. The data and analysis laid out in Malwarebytes Labs’ “Cybercrime Tactics and Techniques: Q2 2018” report shows that while cryptojacking remains popular, decreases in detections of the activity across the board suggest that the trend may be beginning to decline: “We are not certain which…

Financial Stability Board Presents Report on Framework for Monitoring Crypto Markets

The Financial Stability Board (FSB) has presented a report to the G20 Finance Ministers and Central Bank Governors on the FSB’s work monitoring crypto-asset markets, according to an announcement published July 16. The FSB in an international agency which oversees and prepares recommendations regarding the global financial system. The agency also promotes international financial stability by coordinating national financial authorities and standard-setting bodies to develop regulatory and supervisory financial sector policies. According to the announcement, the FSB has been working in collaboration with the Committee on Payments and Market Infrastructures…

Cryptocurrency Markets Gear into Recovery Mode as EOS Rises 8%

The cryptocurrency markets appear to be in recovery mode on Monday after a rather torrid week where most coins reached 2018 lows. Chief of the pack was EOS which sees an 8% rise to trade at well over the $7.30 level after having dropped as low as $6.50 last week. However, the increases were not limited to EOS since other currencies also registered impressive increases. Stellar Lumens pushed forward and easily sailed over the $20 mark in the past 24 hours to settle at the $0.22 level at press time…

Crypto Markets Keep Building Momentum, Bitcoin Inches Towards $6,400

Sunday, July 15: crypto markets continue building momentum, with nine out of the top ten cryptocurrencies by market cap firmly in the green, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) has gone above the $6,300 mark, up about 1.5 percent over the past 24 hours, trading at $6,354 at press time. The top cryptocurrency continues its growth after dipping to an intraweek low of $6,180 on Friday. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is up 3.4 percent on the day, trading at $448 at…

Crypto Markets See Slight Gains Since Yesterday’s Upswing, Despite US Indictment FUD

July 14: crypto markets are holding gains from yesterday’s mild upswing, with all top ten cryptocurrencies seeing slight growth over the past 24 hours, according to data from CoinMarketCap and Coin360. Market visualization from Coin360 Bitcoin (BTC) is up just over one percent over the past 24 hours, trading at $6,274 at press time. The leading cryptocurrency has been mostly trading sideways today, holding gains from yesterday’s modest rebound. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Top altcoin Ethereum (ETH) is trading at about $435, up almost one percent…

Crypto Markets Show No Friday 13th Fear as Assets U-Turn on Previous Losses

Cryptocurrency markets staged a modest comeback Friday, July 13, following a week in which Bitcoin (BTC) lost over 5 percent against the dollar and Ethereum (ETH) over 7 percent. Data from Cointelegraph’s price indices and Coin360 show a rebound from weekly lows of $6,180 for Bitcoin, which had hit highs of $6,792 July 8. Market visualization from Coin360 At press time Friday, BTC/USD is trading around $6,250 up just about one percent on the day, this week’s downward momentum failing to crack support around the $6,000 barrier. Bitcoin’s general price…

Crypto Markets Continue to Descend as Governments Globally Clarify Regulations

Crypto markets continue to see red today, July 12, as data from Coin360 shows, with Bitcoin (BTC) falling below the $6,200 price point. All of the top 50 coins by market cap are red on the day to press time. Market visualization from Coin360 The markets have now reversed their weekend upswing, which followed a promising week in which they consolidated gains first claimed in a late June rebound. The downward trend comes as the governments of major markets globally are refining their official regulations on cryptocurrency. Bitcoin is trading…

Bear Market’s Little Helpers? A Guide to Crypto Futures

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. Since their triumphant advent in the wake of the December 2017 bull run, Bitcoin futures seem to have occupied an oddly fixed position in the minds of many cryptocurrency buffs. A popular view among those who follow the dynamics of the crypto world rests on a set of established points about BTC futures: they exist since late 2017; they are offered by Cboe and…

GPU Prices Fall Following Slump in Cryptocurrency Markets

The price of specialized graphics processing units (GPUs) has been declining along with sinking prices in digital currency markets, Computerworld reported July 10. While at the end of 2017 and beginning of 2018 cryptocurrency mining caused a sharp rise in the price of high-end gaming cards, the tendency seems to have reversed as crypto markets continue on a downward slope. Add-in board (AIB) prices are reportedly falling and supplies increasing amid a severe drop in cryptocurrency prices. Manager of digital media at Jon Peddie Research C. Robert Dow told Computerworld…