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Bitcoin Surges Above $6,300, Hits Dominance Records From December 2017

Bitcoin is seeing the biggest gains over the top 20 coins by market cap, breaking the highs of November 2018. Friday, May 10 — bitcoin (BTC) has seen another rally today, having surged above the $6,300 price mark and hit market dominance records from December 2017, according to data from CoinMarketCap. The major cryptocurrency is seeing the biggest gains out of the top 20 coins by market cap, up 4.4% over the past 24 hours at press time, while the rest of the top 20 list are seeing mixed signals. Binance coin (BNB) is down 4.3%, while cosmos (ATOM) is down 5.6% at press time. Bitcoin is also seeing the biggest gains over the past 7 days, holding around 9.1% gains at press time. Market visualization from Coin360 Bitcoin has continued hitting new 2019 records this week, having surged to as high as $6,353 earlier in the day. At press time, the biggest cryptocurrency is trading at $6,304 with a market cap of $111 billion. This is the highest share of the market since December 2017, when ..

Cardano Price Analysis Reveals A Rise To $0.45 Before The End...

Cardano ADA has been making headlines throughout the year. This is especially because of the upcoming Cardano 1.5 or Cardano Shelley update which is expected to make major improvements on the Cardano blockchain and make Cardano 100% decentralized. The Cardano news about Shelley alone has made the Cardano price prediction 2019 and the Cardano price prediction 2020 bullish against the USD and many other altcoins. While there have been several Cardano price predictions that place the price of ADA above $1, a more realistic Cardano price prediction 2019 on coinswitch.co places the price of ADA at $0.45. Cardano ADA Price Prediction 2020 – Cardano Price Prediction 2019 – Cardano ADA News – ADA News Today – ADA Is Bullish Long-term In our previous Cardano news, we talked about the bullish effect of the Cardano Shelley upgrade. Shortly after the Cardano team released on updated roadmap for Shelley, the price of the token surged by 10% against the USD. The Cardano community is super excited a..

Ethereum (ETH) Predicted To Hit $484 In July And $1450 In...

Ethereum price prediction 2019, will Ethereum recover, will Ethereum go back up, why is Ethereum falling? These are just some of the many questions members of the cryptocurrency community (especially the Ethereum community) have been asking for months now. The truth is that there is no straight answer to the question; will Ethereum recover? However, considering the fact that the Ethereum price prediction 2019 has been positive since the beginning of the year, it’s safe to say that there is hope for the price of Ethereum to recover. Ethereum Price Prediction 2019: Will Ethereum Recover? Many well-known cryptocurrency analysts have predicted that the price of ETH is going to be bullish throughout the year. While some have made predictions that ETH will rise as high as $200, some other predictions have been rather bold. One of the Ethereum price predictions 2019 that has sparked up controversy in the cryptocurrency community is the one on CoinSwitch. The writer predicted that Ethereum (E..

Ethereum On-Chain Transaction Volume Reached Record High in December 2018

On-chain transactions of Ethereum hit an all-time high in December 2018, according to a report by crypto analytics firm Diar. The on-chain transaction value of Ethereum (ETH) hit an all time high in December 2018, crypto analytics firm Diar reports on Jan. 21. On-chain transaction levels of the third largest cryptocurrency reached 115 million in December 2018, an all-time high excluding the activity following a hard fork caused by the DAO hack in 2016. Dair stated, “In terms of transaction count on-chain the ‘super computer’ has found stability since October bobbing between 16–17 million monthly transactions.” On-Chain Ethereum transaction Volumes. Source: Diar Conversely, the United States dollar value of the on-chain transactions is at a 22-month low. U.S. dollar value on-chain last year was $815 million, down from $1.1 billion in 2017. Diar further states: “A 97 percent drop in on chain transaction value from peak in January versus December 2018 was by and large the cause of an 80..

Bitcoin (BTC) Outperforms The S&P 500 Market This December

The cryptocurrency market has been having difficulty this year. The price of BTC has fallen significantly against the USD. As the cryptocurrency market suffered, so did the traditional stock market. This month, the interest traders have in the cryptocurrency market has been comparatively higher than the interest they have in traditional stock. This is because the price of Bitcoin had a boost this month even when the S&P 500 market slumped. Bitcoin (BTC) Vs S&P 500 After falling by over 85% from its all-time high against the USD, BTC recovered this month after reaching an interim bottom of $3127. It moved toward its monthly high of $4237 correcting by more than 35.5% within a few days. On the other hand, the S&P 500 was going through a downside correction after reaching a 52-week high of $2,940.91. There was a lot of selling pressure that led the market to fall by 20% from the 52-week peak. Bitcoin (BTC) Price Today – BTC / USD Name Price24H (%)$3,762.59 0.06% Dow Jones and Nasdaq, ..

Will Bitcoin Reach $50,000 Before The 28th Of December As BlockTower...

The events surrounding the cryptocurrency industry this year couldn’t be more different from what happened this time last year. As the price of BTC and other cryptocurrencies started to rise, different people and companies in the industry made price predictions for this year. Some even placed major bets that hinged on the price of BTC skyrocketing. One of the company’s that placed a bet on BTC is BlockTower Capital. BlockTower Capital Places Bet On BTC But A Rally Seems Unlikely BlockTower Capital is one of the most active investors in the cryptocurrency space. During the December 2017 rally, the firm predicted that BTC will reach $50,000 by the 28th of December. The company created a contract options worth $1 million on LedgerX. If the price is able to reach and hold the predicted level by the 28th of December, the company is expected to get a thirty-fold rise in profit. Bitcoin (BTC) Price Today – BTC / USD Name Price24H (%)$3,492.22 0.58% One year later, BTC is trading a little a..

First Week of December Ends with Flush of Green, Bitcoin Nears...

The crypto markets are seeing a wave of green, as top crypto Bitcoin nears the $3,700 mark after a week of lows. Sunday, Dec. 9 — The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows. Market visualization by Coin360. After a week of breaking new year-to-date lows, the major cryptocurrency is trading at around $3,650 by press time, up more than 7 percent over a 24 hour period. The coin is still down almost 9 percent on the week and more than 44 percent on the month, according to Cointelegraph’s Bitcoin Price Index. Bitcoin 7-day price chart. Source: Cointelegraph’s Bitcoin Price Index. The second-largest crypto by market cap, Ripple (XRP), is also up by 5 percent on the day, trading at around $0.31 as of press time, according to Cointelegraph’s Ripple Price Index. Ripple’s weekly and monthly charts are similar to those of Bitcoin, with losses of almost 12 and 41 percent respectively. Ripple 7-day ..

How Did Stellar And Ethereum Do During The December 6th Cryptocurrency...

On the 6th of December 2018, almost all the cryptocurrencies on the CoinMarketCap’s list were trading red against the USD. BTC fell by almost 11% and dragged the entire market with it. Just like BTC, ETH and XLM also fell dramatically against the USD. The price crash led $10 billion out of the industry within a 24 hour period. BTC fell as low as $3,300 against the USD. This is the first time it is trading this low this year. But this article isn’t about BTC. It is about ETH and XLM. Ethereum (ETH) And Stellar (XLM) Against The USD As BTC fell against the USD,. Ethereum and Stellar lost 12% and 13% respectively. The third largest cryptocurrency per market capitalization entered into the double digit territory for the first time in a long time. Even if the price has been on a decline since after the bull rally in January, investors were hoping that the price will not fall as low as this. Ethereum (ETH) Price Today – BTC / USD Name Price24H (%)$88.59 4.19% At the time of writing, Ether..

Cryptocurrency Market Trades In Green On The First Day Of December...

November was hard for cryptocurrencies. The prices of all cryptocurrencies were struggling against the USD. The saga started when the Bitcoin Cash Fork war started and the value of BTC fell from above $6000 to $3300 within a few days. Towards the end of the month, however, a price recovery was attempted. This time, Bitcoin was able to move above $4000 to $4300. Even if the price later fell, it was able to stay above the support at $4000. December May Be A Good Month For Cryptocurrencies Yesterday, the price of Bitcoin and other cryptocurrencies reported significant gains against the USD. Bitcoin took a spike above $4,202 carrying the entire cryptocurrency market along. This may be a good thing as all top 20 coins are trading in green against the USD. BTC is up by 4.5% within a 24 hour period and down by 9% within the week. Right now, BTC is trading at $4,130.54. This means that it is up by 3.49% against the USD with a trading volume of $5,383,030,731 and a market capitalization of $71..

Crypto Markets Meet December in Green, Bitcoin Trades Above $4,200

Crypto markets go green on the first day of December, with Bitcoin breaking and holding the $4,200 threshold. Saturday, Dec. 1 — Crypto markets have seen a substantial influx on the first day of this winter month, with all top 20 coins by market cap firmly in the green, according to CoinMarketCap. Market visualization from Coin360 Following multiple plunges below the $4,000 threshold yesterday, Nov. 30, Bitcoin (BTC) has managed to finally hold $4,000 support today. The major cryptocurrency is now trading at $4,202, up 4.5 percent over the past 24 hours to press time. Bitcoin is down around 1.9 percent over the week, according to data from CoinMarketCap. Bitcoin price 7-day chart. Source: CoinMarketCap Bitcoin Price Index Ripple (XRP), the second cryptocurrency by market cap, is seeing milder gains, up around 3 percent over the past 24 hours and trading at $0.37 as of press time. The coin is seeing considerable losses over the week, down more than 7 percent. Ripple 7-day price char..
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