Fundamentals of major coins are improving, while some observers say that bitcoin will hit new highs in 2020. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Tom Lee, managing partner and head of research at Fundstrat Global Advisors, believes that Bitcoin is in a bull market and it is likely to make a new high in 2020. Lee ..read more

After seeing small gains yesterday, bitcoin dropped below the $5,300 support while U.S. 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 th ..read more

Enterprise blockchain platform Ontology plans to launch a version of the regulated USD-backed stablecoin Paxos Standard on its chain. Enterprise blockchain platform Ontology (ONT) plans to launch a version of the regulated USD-backed stablecoin Paxos Standard (PAX) on its own blockchain. The company announced the news in a press release published on April 27.Per the release, the new token (PAXO) will be based on Ontology’s OEP-4 token standard, which will enable atomic swaps between the Ontology-based main blockchain and other blockchains. This feature re ..read more

Bitfinex and Tether deny the New York attorney general’s claims of a lost $850 million, and Samsung considers a Samsung Coin. Top stories this weekBitfinex Allegedly Covers $850 Million Loss With Tether FundsThe New York attorney general’s office alleged this week that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall. The attorney general’s office has obtained a court filing that alleged that Bitfinex’s operator, Tether Limited and its associated entities were ..read more

Most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day as bitcoin holds over the $5,300 mark again. Saturday, April 27 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day to press time. Bitcoin (BTC) has pushed just over the $5,300 mark.Bitcoin is up just under 1% on the day, trading at $5,306 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin has seen almost no change, down just under 1%.Bitcoin 7-day price chart. Source: CoinMarketCapEther (ETH) is holding o ..read more

Hardware crypto wallet manufacturer Ledger has detected malware targeting its desktop app. Hardware cryptocurrency wallet manufacturer Ledger has detected malware targeting its desktop application, according to a tweet on April 25.Ledger warned its users that the malware locally replaces the Ledger Live desktop app with a malicious one, and advised to follow security practices published on its blog. The company’s Twitter announcement specifically reads:“WARNING: we’ve detected a malware that locally replaces the Ledger Live desktop application by a malici ..read more

South Korean electronics giant Samsung might become the next multinational conglomerate to issue its own cryptocurrency token. Samsung is another big-name company to consider issuing its own cryptocurrency. Similar stories have already emanated from the likes of Facebook and JPMorgan Chase, with analysts speculating on various use cases for these cryptocurrency tokens.While not yet confirmed officially, a “Samsung Coin” could find application as a payment means on the company’s app store and traded on cryptocurrency exchanges. The company has revealed tha ..read more

DLT-based trade finance network Marco Polo has onboarded three new members for piloting and evaluating purposes. Distributed ledger technology (DLT)-based trade finance network Marco Polo has onboarded three new members for piloting and evaluating purposes, Cointelegraph auf Deutsch reports on April 26.Marco Polo Network is a joint undertaking with tech firm TradeIX, enterprise software company R3, and other 20 international financial institutions. The initiative provides a multi-asset class platform that offers broker dealer services, multi currency tran ..read more

The Ministry of Finance in Austria is considering the establishment of a regulatory sandbox for the fintech industry. The Ministry of Finance in Austria is considering establishing a regulatory sandbox for the fintech industry, Cointelegraph auf Deutsch reports on April 26.The country’s Finance Minister Hartwig Loeger said that the FinTech Advisory Council — which was formed by the Ministry of Finance last year — will aid in the development of relevant rules to steer the “young financial market around digitized financial services,” including initial coin ..read more