NEO

Crypto Markets See Minor Losses as Relative Calm Continues, Bitcoin Slips Below $6,500

Crypto Markets See Minor Losses as Relative Calm Continues, Bitcoin Slips Below $6,500

COINTELEGRAPH, CRYPTOCURRENCY, ETHEREUM, NEO, RIPPLE
Friday, Oct. 19: crypto markets are seeing minor losses across the board, as low volatility continues. The top 10 cryptocurrencies are seeing an equal amount of positive and negative fluctuations, but almost all very minor, capped within a 2 percent range, as Coin360 data shows.Market visualization by Coin360Bitcoin (BTC) is down a little under percent on the day, and is trading at $6,470 as of press time. With one notable exception Oct. 15 – a brief spike correlated with Tether’s slight untethering from its dollar peg – the top coin has been trading sideways between $6,500-$6,500 for the past few days, before slipping below the $6,500 today, still above where it started the week, close to $6,300.Bitcoin 7-day price chart. Source: CoinMarketCapOn the week, Bitcoin is 2.7 percent in the gre
Cryptocurrency Market Update: More Sideways Inactivity, Altcoins Immobile

Cryptocurrency Market Update: More Sideways Inactivity, Altcoins Immobile

NEO, NEWSBTC
Sideways trading for another day; Stellar and Neo slowly moving up, 0x dropping back.Crypto markets are slowly losing ground as gains made during last week’s Tether induced pump are slowly being eaten away. Market capitalization has retracted slightly from the same time yesterday but is still just above $210 billion at the moment.Bitcoin has dropped back a fraction of a percent today to bring it back to $6,550. The bulls do not have the strength to take it above the $6,600 resistance level so here it stays for another day. Ethereum is still very bearish with another drop today back to $205.For another day the altcoins are mixed pretty much half and half. The top ten sees Stellar making the largest move with 4% added to take XLM to $0.242. Cardano is up slightly but the rest have fallen bac
Crypto Markets Shed Almost $20 Billion as Major Coins See Double-Digit Losses

Crypto Markets Shed Almost $20 Billion as Major Coins See Double-Digit Losses

BITCOIN CASH, COINTELEGRAPH, CRYPTOCURRENCY, EOS, NEO, RIPPLE
Thursday, Oct. 11: markets have taken a steep downturn, even as onlookers had lately been pointing to a period of stable price action in the crypto sphere. Virtually all of the top 100 cryptocurrencies are in the red, with several top-market altcoins losing double-digits in percentage value.Market visualization by Coin360Bitcoin (BTC) has shed 4 percent in value on the day, and is trading at $6,309 as of press time. Ater a strong week trading sideways to consolidate a higher price point – trading as high as almost $6,670 Oct. 8 – the top coin took a plummet earlier today, dropping over $300 in a few hours.On its weekly chart, Bitcoin is now just over three and a half percent in the red, although it is practically breaking even on the month, remaining 0.3 percent in the green.Bitcoin 7-day
When Blockchains Go Down: Why Crypto Outages Are on the Rise

When Blockchains Go Down: Why Crypto Outages Are on the Rise

BITCOIN, Coin Desk, EOS, ETHEREUM, NEO, STEEM
Berniesanders (not to be confused with former presidential candidate and Vermont Senator Bernie Sanders) is an institution on blockchain-based blogging platform Steemit. Steemit allows content creators to earn crypto – at least, crypto that's native to the Steem blockchain, of which there are three – for popular posts. While recent successes include waffle recipes, romantic fiction and crypto punditry, berniesanders gets a pretty steady paycheck (about $30 at a time) for his single sentence, self-described "shit posts." A recent sampling: "Are you having fun? I'm having fun." ($60), "I'm on a boat!" ($31), "Show me your shoes." ($30) and "How many comments can a shit post get?" ($263 and 319 comments). But for a few hours on September 17, the Steemit community was deprived of berniesanders
Ethereum Down to $200 As Investor Confidence Crisis Looms

Ethereum Down to $200 As Investor Confidence Crisis Looms

EOS, NEO, NEWSBTC
The Ethereum bearish market hasn’t come to an end yet.The month of September has been particularly hard on the cryptocurrency as it quickly lost the $300 handle earlier this month, and is already threatening to consistently dive below the $200 area.Mike McGlone, a commodity strategist at Bloomberg Intelligence, said Ether may fall further to a support target of $155.Ethereum Crisis Driven by Increased Competition, Lack of Mainstream Adoption and FUDThe open-source, public, blockchain-based distributed computing platform and operating system was once an innovative product to help developers create functional blockchain applications. This was without a middleman or counterparty risk.However, as the cryptocurrency market grows, currently with 1,926 different cryptocurrencies available for tra
Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet

Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet

COINTELEGRAPH, CRYPTOCURRENCY, DASH, IOTA, MONERO, NEO
Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows.Market visualizat​ion from Coin360Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index.Having broken through the $7,000 threshold August 31, Bitcoin saw a solid uptrend until its sudden plummet yesterday, September 5. The top coin is now around 8 percent down on its weekly chart. On the month, however, Bitcoin remains up by around the same figure of 8 percent.Bitcoin’s 7-day price chart. Source: Cointelegraph's Bitcoin Price IndexEthereum (ETH) is trading around $225 at press time, losing 8 percent on the day. Following upon an intra-week
Bitcoin Seals Further Gains in a Mostly Green Market as Ethereum Fails to Break $300

Bitcoin Seals Further Gains in a Mostly Green Market as Ethereum Fails to Break $300

COINTELEGRAPH, CRYPTOCURRENCY, DASH, IOTA, MONERO, NEO
Tuesday, September 4: crypto markets are largely green today, with Bitcoin (BTC) inching upwards yet further, and several large-market-cap alts seeing solid gains, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $7,374 at press time, up over 1 percent on the day as it continues boost its newly won gains, according to Cointelegraph’s Bitcoin Price Index.Having reclaimed the $7,000 price point August 31, Bitcoin has seen a solid upwards trend and is now pushing $7,400. The top coin is trading an impressive $550 higher than its low on its weekly chart, with its 7-day rolling gains at almost 7 percent. On the month, Bitcoin is up a fraction of a percent.Bitcoin’s 7-day price chart. Source: CoinMarketCapEthereum (ETH) is trading around $288 at press tim
Not Just Tron: Neo’s Failed $170 Million Bid to Buy BitTorrent Revealed

Not Just Tron: Neo’s Failed $170 Million Bid to Buy BitTorrent Revealed

Coin Desk, NEO
When Tron founder Justin Sun bought BitTorrent in one of the most talked-about tech acquisitions of the year, it turns out he wasn't even the highest bidder. What's more, Tron wasn't even the only crypto startup that wanted a piece of the pioneering peer-to-peer file sharing software company, CoinDesk has learned. Based on internal documents and multiple interviews with people close to the deal, CoinDesk is able to reveal Sun's rival in his quest to acquire the influential Silicon Valley startup was one of Tron's top competitors, the $1.5 billion blockchain project Neo. Through its related venture capital firm, Neo Global Capital (NGC), the project made a much higher offer than Sun, a fact confirmed both by NGC and multiple sources familiar with the deal. According to Neo Blockchain's head
August Cryptocurrency Review: Ethereum, Bitcoin Cash, and Neo dump over 30%

August Cryptocurrency Review: Ethereum, Bitcoin Cash, and Neo dump over 30%

BITCOIN, BITCOIN CASH, ETHEREUM, NEO, NEWSBTC
Ethereum, Bitcoin Cash, Neo and Nem got smashed while VeChain, Dogecoin and Nano survived the red month.August will probably go down as the worst month in crypto for 2018. There were few survivors of the massive rout that dumped the prices of many altcoins to their lowest levels for over a year. Following gains in July things turned south rapidly and the bears pummeled the markets to a low of below $200 billion. In the first two weeks of the month markets lost 30% to crash to $189 billion before recovering to $226 billion by the end of the month making the loss 16% overall.Bitcoin dropped 8% throughout August falling from around $7,600 at the beginning to $6,980 by month end. Its lowest point was on the 14th when it fell to $5,985. The good news for BTC was that its market dominance rose b...
Neo Price Bleeds 40% to End August as Worst-Performing Big Crypto

Neo Price Bleeds 40% to End August as Worst-Performing Big Crypto

Coin Desk, NEO
NEO's dismal performance in August has likely strengthened the already strong bear grip on its market. Down 39.6 percent month-on-month in August, it is the biggest loser among the top 25 cryptocurrencies by market capitalization, according to CoinMarketCap and analysis by CoinDesk.  Throughout the month, the world's 14th largest cryptocurrency has moved in tandem with the broader market, which took a beating in August due to SEC's rejection of multiple bitcoin exchange-traded funds (ETFs). Notably, the total market capitalization of all cryptocurrencies was printing more than $100 billion loss just two weeks into the month as the metric sank below $200 billion for the first time in over eight months. At the same time, NEO was reporting monthly lows below $14.50.  However, the broader mar