Polkadot Tokens Sold on Secondary Markets at Discounted Rates: Report

Tokens for the Polkadot protocol are being offered on secondary markets at heavily discounted rates, The Block reported on May 23. A number of major crypto funds and investors told the website that over-the-counter (OTC) desks had given them the chance to buy large volumes of DOT tokens. Polkadot, a blockchain interoperability protocol created by Ethereum co-founder Gavin Wood, sold its official presale tokens at $30. The private sale price is $120 — and it is believed at least one secondary deal has gone through, with the buyer receiving a 50% discount. Such deals…

Crypto Markets Turning Green, Oil Prices Tumble

Thursday, May 23 — Cryptocurrency markets are starting to move upward, having overcome the drop in the beginning of the day, according to Cointelegraph’s Coin360. Market visualization from Coin360 The leading cryptocurrency bitcoin (BTC) started the day at $7,638 gradually reaching its intraday high of $7,946. At press time, bitcoin is trading at around $7,914, up 2.64% over the past 24 hours. Bitcoin 24-hour price chart. Source: CoinMarketCap The second-largest cryptocurrency, ether (ETH), has also taken an upturn and is currently trading at around $246.50, up 0.60% on the day.…

Crypto Markets Turn Red, Indian Stock Markets Post Record Highs Amid Election Results

Thursday, May 23 —  following a mild correction which began yesterday, crypto markets have today tipped into deeper red with bitcoin (BTC) dropping below the $7,600 mark, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin has sustained a 4.25% correction and is trading at $7,590 by press time. The top coin has seen considerable volatility this week, posting an intra-week low of under $7,100 on May 17 before surging to the $8,250 mark on May 20. The top coin had brushed $8,300 yesterday, May 16 — a bullish…

Crypto Markets See Major Correction, BTC Below $7,350 as US Stock Futures Trade Lower

Friday, May 17 —  after a week of deep green and bullish price performance, crypto markets today are seeing a major correction, with bitcoin (BTC) dropping below the $7,350 mark, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin has taken a steep price hit, dropping 8% on the day to trade at $7,346 to press time. The top coin had brushed $8,300 yesterday, May 16 — a bullish price point not seen since August 2018. Despite today’s major correction, bitcoin retains a strong gain of 16.61% on the…

Bitcoin Will Be ‘Alive and Well,’ Says Renowned Emerging Markets Investor Mark Mobius

Veteran frontier markets investor Mark Mobius has said he believes cryptocurrencies will show resilience due to continuing demand for new forms of value transfer. Mobius made his remarks during an interview with Bloomberg on May 15. Mobius is a seasoned and pioneer investor in developing nations and emerging economies, earning international recognition for his decades-long work at global investment firm Franklin Templeton. Last year, he retired to launch a new asset management boutique, Mobius Capital Partners. Having previously adopted a cautious stance toward crypto, the investor told Bloomberg yesterday that…

Crypto Markets Turn Red After Binance Hack, US, EU Stocks Steady as Asian Equities Falter

Wednesday, May 8 —  having just broken new 2019 highs, crypto markets have tipped into red in the wake of yesterday’s $40 million hack of major exchange Binance. Virtually all of the top 20 cryptocurrencies are down up to 9%, yet most losses remain mild, as Coin360 data shows. Market visualization courtesy of Coin360 Despite being the cryptocurrency stolen in the Binance hack, bitcoin (BTC) is itself showing resilience, and is down a fractional 0.9% on the day to trade at $5,882 by press time, according to CoinMarketCap. After a…

Crypto Markets See Gentle Green, US Stocks Edge Lower at Opening Bell

Thursday, May 2 — yesterday’s mild market movements continues, with most of the top twenty cryptocurrencies seeing mild green on the day at press time with typical growth of between 1 and 3%, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up 1.4% on the day and is trading at $5,455 by press time, according to CoinMarketCap. After a bullish spike at the start of its 7-day chart — with a break above the $5,500 mark on April 26 — the top cryptocurrency swiftly saw a…

Crypto Markets See Mild Green, European Stocks Report Record-Breaking Calm

Wednesday, May 1 — after yesterday’s positive market momentum, most of the top twenty cryptocurrencies are seeing mild green on the day at press time, seeing typical growth of between 1 and 7%, as Coin360 data shows. Market visualization courtesy of Coin360 Bitcoin (BTC) is up 0.89% on the day and is trading at $5,399 by press time, according to CoinMarketCap. After bullish price points at the start of its 7-day chart — with a break above the $5,500 on April 26 — the top cryptocurrency swiftly saw a sharp…

Crypto Markets Recover With Bitcoin Breaking $5,300, Gold and Oil Prices Rise

Tuesday, April 30 — following another decline yesterday, crypto markets again reversed to gain momentum upwards, with all but one top 20 coins by market cap in the green. Having skyrocketed more than 18% yesterday, IOTA (MIOTA) is the only coin among the top 20 that sees losses, down around 4.3%. In contrast, litecoin (LTC) is seeing the biggest gains over the past 24 hours, up 7.17% at press time. Market visualization from Coin360 Bitcoin (BTC) has broken back above $5,300 today, hitting an intraday high of $5,353. At press…

Crypto Markets Drops as Bitcoin Fails to Hold $5,300 Support, Stocks Hit All-Time Highs

Monday, April 29 — after seeing moderate gains yesterday, crypto markets have tumbled at press time, with most of the top 20 coins by market cap in the red. Bitcoin cash (BCH), the fourth top crypto by market cap, has dipped as much as 7.1% over the day to trade at $242 at press time. While the majority of the top 20 are seeing sufficient losses, IOTA (MIOTA) has surged almost 18% over the past over the past 24 hours. The growth comes amidst the news that British car manufacturer…