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US Exchanges’ Crypto Rating Council Faces Criticism

The newly formed Crypto Rating Council is already facing criticism for its role in categorizing cryptocurrencies. Tyler Gellasch, executive director at Healthy Markets, observed that some members of the council might have stakes in the cryptocurrencies under evaluation. That could unduly influence their assessment of the asset in concern. “A group of private companies jointly…

What Pumped Tezos (XTZ) by Up To 50% This Week

Tezos (XTZ) is returning impressive profits to its investors this week. The world’s fifteenth largest cryptocurrency was up 50 percent yesterday on a 7-day timeframe. It established a higher high of $1.474 according to data fetched by CoinStats’ cryptocurrency portfolio management app. The price slipped this Friday, but a marginal percentage, maintaining the upside streak…

Analysis: Bitcoin Price Expects to Rise on Monday

The price of bitcoin has gone down by 8.27 percent in the previous twenty-four hours, according to data provided CoinStats’ crypto portfolio tracker. The BTC/USD instrument on Monday fell as low as $10,866.9 during the early Asian session. The pair later attempted a small upside recovery but that, too, came on low volumes. The move…

Bitcoin Crashes $2,500 in Just Two Hours; Coinbase Offline

A flash crash brought the bitcoin price down by up to 18 percent in just two hours. Between 2030 and 2200 on Wednesday, the BTC/USD exchange rate plunged from $13,850 to $11,350, according to data assembled by CoinStats’ cryptocurrency portfolio management app. Earlier that day, the pair had posted a remarkable parabolic jump of more…