As we continue to explore how bitcoin is trending, there are two major components that influence its price. These include news coverage and market sentiment or “feeling” of the markets.

The first way is by paying attention to the media- they can tell you what people are talking about and whether they are positive, negative or somewhere in between for the cryptocurrency market as a whole. It also gives an indication of how well known each individual coin is within this context.

With regards to market sentiment, there are several ways to gain information about it. Some of the more popular ones include looking at the volume of transactions done per day, the number of traders actively investing, the amount of money being invested in cryptocurrencies overall, and the types of currencies being invested in (i.e. does someone buy lots of ETH but only small amounts of XRP? Or vice versa?). All of these factors contribute to the overall market momentum or trend.

This article will go into detail and break down some of the most influential factors for the past week and why they made such a big difference.

There was a major hack in the cryptocurrency market

A large-scale hacking event occurred last week where hackers stole over $500 million worth of cryptocurrencies. This is one of the largest heists ever, even bigger than what happened to Target earlier this year.

The incident took place at crypto exchange platform Mt Gox back in February 2018. At that time, more than half a billion dollars’ worth of bitcoins were stolen, making it the biggest theft ever in the history of bitcoin.

Since then there have been several other incidents like this one, but none as disastrous or impactful as the original theft.

Other hacks include thieves stealing coins from exchanges (where you can store your wallet) and people losing their private keys, which are used to access their account. If someone gets a hold of these, they can steal all of your money!

There has also been talk about some countries banning or limiting cryptocurrency, so make sure you follow local regulations before investing.

Bitcoin will always be around because of its popularity, but how popular it becomes depends on whether or not it remains a safe investment. As we know, it isn’t completely risk free, so individuals should do their research and stay within reasonable limits.

The US Securities and Exchange Commission (SEC) is investigating some cryptocurrency companies

Earlier this year, there was significant media coverage concerning how certain cryptocurrencies were marketed as “get rich quick” schemes or investments that are fraudulent. As such, many people have questioned whether these products should be classified as securities.

If you are reading this article then it means that the word SEC has triggered your interest in investing, market trends, and/or how to invest your money. You are probably already familiar with the term security from school where you learned about stocks, bonds, and other investment vehicles.

So what is the difference between an investment vehicle that is considered a security and one that isn’t? This article will discuss those distinctions and how they relate to the recent news stories surrounding crypto.

Some countries are banning cryptocurrency

Recent events have made it clear that cryptocurrencies are not keeping pace with popular culture. More than half of all nations around the world now bans or restricts access to some type of crypto, whether it is outright banned or you cannot buy them or use them within their borders.

Some governments go as far as confiscating people’s wallets containing coins they legally owned before the restrictions were put into place. This has caused an exodus by individuals who want to keep their money safe from being stolen or confiscated.

Many believe this will be the death knell for many cryptocurrencies since most currencies rely on decentralized technology that can vanish at any time. Most experts agree that we are in the midst of the largest bubble in history right now, so there’s little hope for those wishing to hold onto their investments.

Other countries just take direct control over what types of cryptos are allowed to exist. China, for example, only allows its own coin to remain legal. This leaves almost every other major coin out of the picture completely.

There Are Only Two Possible Outcomes

The majority of the community is investing in new projects that could see huge returns, but few actually expect these to survive past 2018. Many predict that the next couple years will be very difficult for investors in cryptocurrency.

There is a new exchange hack

A very popular crypto currency, bitcoin has seen its value drop slightly due to another major hacking incident. On Tuesday night, around $1 billion in bitcoins were stolen from Tokyo-based cryptocurrency trading platform Coincheck.

The company had been investing in cryptocurrencies for several months before this happened so it was not a completely unexpected event. However, the amount of money involved made it much more concerning.

This is the second time in less than one year that someone has hacked into an exchange where people can buy or sell digital coins. This leads many to question if exchanges are safe places to store your money.

Many individuals now prefer buying and storing their own private keys which they keep secure themselves instead of putting all of their trust in an external source. Unfortunately, this means they have to spend more time managing their wallets and passwords but it also gives them some level of security.

There is a new development in the Bitcoin and cryptocurrency market

A popular way to determine how close or distant the price of BTC or any other coin is from its overall trend line is using what’s called the ‘bullish/bearish crossover'.

A bullish (rising) crossover occurs when the higher time frame, which we'll talk about in just a minute, closes above the lower time frame's trading range. At that point, it can be said with high confidence that bulls are currently in control of the market.

A bearish (falling) crossover happens when the higher timeframe closes below the lower timeframe's trading range. At that point, it can also be said with high certainty that bears are now in command.

When both highs and lows have crossed their respective upper and lower bounds, then it can be inferred that the opposite side has won and the current state of affairs will stay the same for an extended period of time. This is referred to as a 'false breakdown' or "pennant setup".

There is a new cryptocurrency that people are talking about

A few months ago, there were only two major cryptocurrencies — bitcoin and Ethereum.

Since then, other digital currencies have emerged as alternatives to these giants. They’re called altcoins (short for alternative coin) because they offer different features than BTC or ETH. Some focus more on speed, while others emphasize security.

Many of these newer coins can be traded directly for each other or for bitcoins or ethereum at online exchanges. And some even take a slightly novel approach to solving cryptography-based issues, which is what makes them interesting!

Altcoin season has arrived again. It seems like every week, we read about another crypto launch or news concerning an existing project. This could be due to increased interest in cryptocurrencies as a whole, or perhaps just because journalists need something new to write about.

Whatever the reason, it’s great to see the community coming together once again. We all share a passion for blockchain technology and decentralized systems, so seeing growth in any field related to that is always exciting.

This article will talk you through the top five trending alts right now.

Some of the largest cryptocurrency exchanges have been hacked

Recent news surrounding cryptocurrencies is definitely not making them more popular! Over the past few weeks, several major crypto trading platforms have been breached, putting large amounts of money and coins in danger.

On March 13, South Korean cryptocurrency exchange Bithumb was hacked, losing over $33 million worth of BTC and other digital currencies. This includes the company’s hot wallet, which contains all transactions made with an account.

A few days later, Japanese cryptocurrency exchange Coincheck was hit as well, stealing around $530 million in NEM and Ethereum.

These are just two examples of many that have occurred this year. And it seems like there’s no stopping what will happen next.

Sadly, these hacks occur every few months and seem to get worse every time. What makes things even worse for users is the fact that most of these companies don’t offer any kind of customer protection or insurance. If something were to ever go wrong, you would have little recourse but to hope that the hackers didn’t steal your hard-earned cash.

There is a new cryptocurrency that people are investing in

A few months ago, there was a lot of talk about how cryptocurrencies were dying out. People were skeptical as many large corporations invested heavily in them, making it seem like they had someone’s backing.

There you have it — proof again that no one truly knows what will happen with crypto!

It seems that every time crypto reaches its low points, people start talking about it more and getting into it harder. This isn’t limited to just media coverage either; some investors actually give up and quit because they feel like things are going down instead of up.

With all this talk surrounding cryptocurrencies, people are starting to get inspired or even learn how to make their own. Some people create their own coins while others choose not to but still contribute to the community by donating to projects or discussing bitcoin strategies with other users.