Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 23

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. Why are the altcoins falling even as Bitcoin is finally on the rise? After an extended decline, the bottom fishers are usually the buy leaders. This is the first indication that a change in trend is around the corner. For the past few…

Bitcoin’s Portion of Total Crypto Market Cap Hits Highest Level Since December

Bitcoin’s (BTC) dominance by market capitalization in the total crypto market posted its highest level in 2018 July 23, passing 46 percent for the first time. According to data from CoinMarketCap, Bitcoin dominance — defined as the percentage of the total market cap of all cryptocurrencies that is Bitcoin’s market cap — currently constitutes 46.5 percent, a level last seen on December 22, 2017. At the time, Bitcoin was trading just below all-time highs around $20,000 per coin. Percentage of total market cap (dominance) from CoinMarketCap The move comes as…

Wanchain’s Bridge to the Ethereum Blockchain Is Now Open

Amber Baldet, former JPMorgan blockchain program lead (and current CEO of Clovyr), has expressed her doubts about the proliferation of blockchain protocols: “Each of these blockchains speaks a different language,” she said in April. Getting different blockchains to talk to one another has become a pressing issue, as more and more protocols pop up – eos, tezos, neo, cardano, not to mention the two incumbent giants, bitcoin and ethereum. The growing interoperability problem may be meeting its match, however. On Monday, the Beijing- and Austin-based startup Wanchain announced the live release…

Crypto Ads on Google | Are They Coming Back Now?

Crypto enthusiasts woke up to a surprise this Monday morning. It seems that, after a Western media ban, crypto ads on Google are back. Or at least, the search engine is back to promoting ads of Coinbase. Crypto Ads on Google: Once Banned, But No More At the start of this year, the crypto industry came to a standstill when websites like Facebook, Google, and Twitter placed a ban on their adverts. Leading the pack was Facebook, which banned crypto ads back in January. Google followed less than three months…

Blockchain Group From Three Telecoms Giants Begins Exploring Use Cases

China’s three major telecoms operators launched a blockchain research group, which has held its first meeting, local media outlet Fintech News reports July 23. The product of China Mobile, China Unicom and China Telecom, the group involves a total of twenty experts from eight companies including Huawei, Union Mobile, and Financial Technology (UMF). The aim, an unnamed China Mobile official said, is to “build a trustworthy blockchain application team to explore the blockchain area.” “It’s a solution in terms of order management, contract management and creation of use cases,” the…

Gaming Marketplace for Unique In-Game Items Partners With Esports Team Tempo Storm

The marketplace GamerToken has announced its partnership with Tempo Storm, a large American esports team and media company. This partnership follows the joining of the founder of Tempo Storm, Andrey “reynad” Yanyuk, to their advisory board in June. As one of the major esports media companies in the world, Tempo Storm expanded from its initial Hearthstone team and now encompasses Fortnite, Heroes of the Storm, World of Warcraft and more titles. This will be the platform’s first esports partner, and Yanyuk believes that it might have a big impact on…

Tokens Take Huge Beating as Augur Drop 18%, Bitcoin’s Volume Recovers

Despite the strong performance of bitcoin over the past 24 hours, tokens have recorded large losses against both bitcoin and the US dollar, dropping by 10 to 20 percent. Bitcoin Volume Recovers But Tokens Struggle On July 22, CCN reported that the volume of bitcoin has dropped by more than 36 percent since July 20, within a 48-hour period, from $5 billion to $3.5 billion. The daily trading volume of other major digital assets and stablecoins including ether and Tether (USDT) also dropped by a similar margin, showing the lack…

Decentralized Exchanges Aren’t Living Up to Their Name – And Data Proves It

Some say a “decentralized exchange” is an oxymoron. Perhaps not, but for now it’s not much more than an aspiration. Over the past year, dozens of cryptocurrency trading platforms have marketed themselves as decentralized exchanges. While models vary, the term implies they allow users to trade on a peer-to-peer basis, and more importantly, without using a platform operated by a single entity. The main selling point is that unlike today’s better-known crypto trading platforms (think Coinbase, Kraken or Binance), a decentralized exchange shouldn’t require traders to store their money with…

The G20’s Still Out on Regulation

Bitcoin is bullish and then some. The coin is still on an impressive bull-run. The run has extended over 10 days and doesn’t seem to be slowing. Yes, Bitcoin may have taken a step back here and there in its climb, but it has continually managed to take two steps forward.  At the time of writing the price is $7,710 – it did reach a two-month high of 7,800 earlier this morning – but the current stand-point still represents a rise of over 3.3% in the last 24 hours. Source: CryptoCurrencyNews.com…

Blockchain May Be Key to Avoiding Next Global Financial Crisis

The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis,” the China Economic Times reports today, July 23. Pang Huadong, currently an honorary academic advisor of the Asian Blockchain Institute, said that his experience at JPMorgan during the peak of the 2008 financial crash led him to think that blockchain could be the pivotal technology for establishing transparency and trust in the global economic system: “[When I began to work at JPMorgan in…