Tuesday, November 20, 2018
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Crypto Markets See Visible Drop Off as Major Coins Are in...

13 of the 20 top cryptocurrencies are in the red, with Bitcoin Cash and Ripple losing up to 4 percent over the day. Wednesday, Nov. 8: most cryptocurrencies have seen a drop-off today, with the most visible losses seen by Bitcoin Cash (BCH) and Ripple (XRP), as data from Coin360 shows. As of press time, the markers are seeing mixed signals, mostly staying in the red. Market visualization from Coin360 While in the beginning of the week Bitcoin (BTC) was mostly in the green, up almost to 2 percent on the day Monday, Nov. 5, today the major coin is hovering around zero, mostly staying in the red and trading around $6,450 as of press time. Bitcoin 7-day price chart. Source: CoinMarketCap Bitcoin Price Index Ethereum (ETH) is also about 2 percent down on the day, being traded slightly over $213 as of press time. The coin is seeing some stability after it has regained its second spot, bypassing Ripple (XRP) by market capitalization. Ethereum 7-day price chart. Source: CoinMarketCap Ether..

Top Coins See Mixed Signals, Mostly Trading Sideways

Cryptocurrency markets have seen mixed signals, with most top coins trading sideways and Bitcoin holding on to its weekly growth. Wednesday, Nov. 7: most major coins are slightly down today, with Bitcoin (BTC) holding on to this week’s growth. The markers are seeing mixed signals as of press time, with most top coins trading sideways, up or down by around one percent. Market visualization from Coin360 BTC is up 1.3 percent over the last 24 hours, and trading at around $6,527 at press time. The leading digital currency have seen insignificant volatility during the day, having dropped to as low as $6,441, while the intraday high reached $6,531. In terms of a weekly view, BTC has jumped by more than 3 percent, with $6,304 as its lowest price point on Nov. 1. Bitcoin 7-day price chart. Source: CoinMarketCap ​​​​​​​ Ethereum (ETH) is up 0.16 percent on the day, hovering at around $218 at press time. The second largest altcoin has seen small volatility over the day, with $215 as its lowes..

Coinbase Exec Denies Plans for IPO ‘Any Time Soon,’ Reveals Plans...

Coinbase thinks that around 300 out of the total number of cryptocurrencies in existence currently are “worth” offering. Major U.S. cryptocurrency exchange and wallet provider Coinbase will not perform an initial public offering (IPO) “any time soon,” the company’s President and COO Asiff Hirji told Bloomberg today, Oct. 31. Speaking to Bloomberg TV, Hirji, who himself was the first to hint about the potential for an IPO in 2017, said that while the company would go public “at some point,” it was “not even close to the top” of its list of priorities. He confirmed to reporters today: “There’s not going to be an IPO any time soon; we have so much to do.” Last week, CNBC host Ran Neuner reignited rumors Coinbase would officially confirm its IPO plans after claiming his Crypto Trader show would be exclusively divulging the details Oct. 26. This did not come to pass, however, Hirji instead saying executives wanted to “diversify revenue streams” across its various platforms in the coming ye..

‘Halal Coins Only’: First Islamic Crypto Exchange to be Launched in...

sponsored The exchange will be operating in “full compliance with the principles of Islamic finance.” A Shariah Advisory Board to decide which coins will be listed. The ADAB Solutions project, based in the United Arab Emirates, is planning to launch FICE — the First Islamic Crypto Exchange which will be operating “according to the principles of Shariah law.” The company is expecting to reach $146 million daily trading and $4.4 billion monthly turnover by 2020. Islamic finance as crypto exchange baseThe new project hasn’t been launched yet but it has already gotten the attention of the crypto community. The First Islamic Crypto Exchange was marked as number one in a recently published Coin Shark rating “TOP 10 ICO Projects That Became the Most Useful Ideas of 2018.” The company says their product is an “opportunity for the crypto market to enter the Islamic world” and that it will be the “world's first cryptocurrency exchange that will operate in full compliance with the principl..

Crypto Markets See Stirrings of Volatility as Major Coins Tip Into...

Crypto markets are seeing the first momentum in a while, after a period of marked stability, with virtually all of the major cryptos are in the red. Monday, Oct. 29: Crypto markets are seeing the first momentum in a while after a period of marked stability: virtually all of the major cryptocurrencies are in the red today, with some seeing losses of between a 4-6 percent range, as Coin360 data shows. Market visualization by Coin360 Bitcoin (BTC) is trading at $6,352 at press time, seeing an almost 2 percent loss on the day according to CoinMarketCap. Having traded sideways throughout the week, the top coin today saw a vertiginous price drop, plummeting from its $6,480 trading range down to around $6,350 in the couple of hours before press time. Earlier this month, Bitcoin had achieved a 17-month low volatility rate, recording its highest level of stability since mid-2017: the trend had continued over recent weeks, excepting one short-lived spike on Oct. 15. Volatility and the lack the..

Crypto Markets Continue to See Low Volatility, With Scant Few Coins...

Crypto markets are calm, with most major coins seeing only minor ups and downs, as commentators weigh in on markedly low Bitcoin volatility levels. Thursday, Oct. 18: Crypto markets are seeing continued stability, with few of the major cryptocurrencies budging in price, as Coin360 data shows. Market visualization by Coin360 Meanwhile, Tether (USDT) has seen marked movement for a “stablecoin.” Having slipped from its U.S. dollar peg to trade well below its historical price range last week, the asset has today seen around 0.7 percent growth as it stakes an attempted recovery. Bitcoin (BTC) is trading at $6,545 at press time, seeing negligible price change on the day according to CoinMarketCap. Despite a short-lived spike Oct. 17, which correlated with Tether’s price drop, Bitcoin has retracted back to just a price point just slightly higher than at the start of its weekly chart. In a longer view, the top coin is seeing notably low volatility levels: earlier this month, Bitcoin achieved..

Crypto Markets See Calm as Most Coins Consolidate Recent Gains

Crypto markets are seeing some stability today, with most major coins seeing only minor ups and downs. Tuesday, Oct. 16: Crypto markets are seeing some stability today following yesterday’s market upsing, with virtually all of the major cryptocurrencies seeing only minor price changes, both red and green, as of press time. Tether (USDT) has meanwhile seen a recovery, having yesterday slipped from its U.S. dollar peg to trade well below its historical price range, briefly dipping as low as $0.925. Market visualization by Coin360 Bitcoin (BTC) is trading at $6,580 at press time, down close to 1 percent on the day, according to CoinMarketCap. During a short-lived spike yesterday, which correlated with Tether’s price drop, Bitcoin traded as high as $6,673, but has since corrected to the price range it saw at the beginning of its weekly chart, despite several days of heavy losses on the crypto markets mid-week. Overall on the week, the top coin has virtually not budged, and is 0.06 percen..

Crypto Markets Shed Almost $20 Billion as Major Coins See Double-Digit...

Markets have taken a steep downturn, with several top-market altcoins seeing double-digit losses. Thursday, Oct. 11: markets have taken a steep downturn, even as onlookers had lately been pointing to a period of stable price action in the crypto sphere. Virtually all of the top 100 cryptocurrencies are in the red, with several top-market altcoins losing double-digits in percentage value. Market visualization by Coin360 Bitcoin (BTC) has shed 4 percent in value on the day, and is trading at $6,309 as of press time. Ater a strong week trading sideways to consolidate a higher price point – trading as high as almost $6,670 Oct. 8 – the top coin took a plummet earlier today, dropping over $300 in a few hours. On its weekly chart, Bitcoin is now just over three and a half percent in the red, although it is practically breaking even on the month, remaining 0.3 percent in the green. Bitcoin 7-day price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) has fared even worse, and..

Crypto Exchange YoBit Starts Pump Scheme on Random Coins

Russian crypto exchange YoBit tweeted that it will pump the price of 10 random coins. Cryptocurrency exchange YoBit is going to perform a pump scheme on random coins, according to an Oct. 10 tweet. A pump and dump scheme is a form of fraud that attempts to artificially boost the price of an asset through misleading or false recommendations. YoBit Pump in 22 hrs: https://t.co/RIbW7OhKzM We will buy one random coin for 1 btc every 1-2 mins 10 times (total buy amount - 10 btc). — Yobit.Net (@YobitExchange) October 10, 2018In addition to announcing the pump scheme in a tweet, the exchange posted a countdown clock for a ‘YoBit pump’ on its website. YoBit is a Russia-based digital currency exchange founded in 2015, which offers access to hundreds of digital currencies. The trading platform was in the headlines a number of times in multiple reports of suspicious activity and problems with users trying to withdraw funds from their wallets. At press time, YoBit’s daily trading volume is around..

Bitcoin Hovers Near 6,600, While Most Top Coins See Little Price...

Crypto markets are seeing little price movement today, with only Ripple seeing a more substantial loss of close to 3% among top coins. Friday, Oct. 5: cryptocurrencies are seeing little volatility over the past 24 hours to press time, with the majority of losses and gains of top coins capped within a 1 percent range on the day, as data from Coin360 shows. Market visualization by Coin360 Ripple (XRP) is the only outlier in the top ten coins, down a little over 3 percent on the day to trade at $0.52. The asset – which in September briefly outflanked Ethereum to seal the second spot ranking on CoinMarketCap listings – has had a shaky start to the month, and is currently trading almost 15 percent lower than its intra-week high at around $0.61 September 30. On its rolling weekly chart, however, Ripple is a more modest 4.6 percent in the red. On the month, Ripple is up an impressive 57 percent. Ripple 7-day price chart. Source: Cointelegraph Ripple Price Index Bitcoin (BTC) is seeing negl..
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