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A wobble in Bitcoin has spelled increased volatility for the majority of big-name cryptocurrencies. Cryptocurrency markets are showing red across the board Nov. 14, as a steep drop in Bitcoin (BTC) ricocheted across major assets. Data from Cointelegraph’s price tracker, Coin360, and Bitcointicker confirms BTC/USD bouncing off support around $6,150 on exchanges, at press time hovering above $6,200 again. Market visualization. Source: Coin360 The dip to $6,150 marks a fresh test of the stability seen in Bitcoin for the past several weeks, the largest cryptocurrency not testing the barrier since mid August. No major events appeared to contribute to the latest declines, with some analysts nonetheless predicting the ongoing bear market would continue into 2019 — longer than many had previously assumed. “Putting together the blockchain view, I suspect the timing for a bottom may be around Q2 2019,” technical analyst Willy Woo, creator of data site Woobull, commented on social media Nov. 13..
The cryptocurrency market has been bearish for a while now. Cryptocurrencies have hit lower lows due to the bearish pressure in the market. For this reason, price surges caused by bulls are highly needed and appreciated by the cryptocurrency community. The past 24 hours have been marked by such a surge. Starting, from Bitcoin (BTC), there has been bullish pressure in the market. Of all the coins that have recorded gains, Bitcoin Cash (BCH) has recorded the highest gains against the USD. Bitcoin Cash (BCH) Price Today – BCH / USD Name Price24H (%)$6,476.99 -0.29%$440.98 -0.32% Bitcoin Cash (BCH) Price Analysis Between Sunday and today, Bitcoin Cash has gone up by up to 32%. Yesterday evening, the cryptocurrency traded as high as $623 hitting a two-month high. The fourth largest coin per market capitalization is still on a bull run this morning even if the price has corrected lower by a few points. The price surge is noteworthy because Bitcoin Cash was hovering around $425. It hit thi..
Price volatility is a common feature in the cryptocurrency industry. It’s the reason why investors can make 900% ROI and it’s the reason why they can also suffer 900% loss. Bitcoin has always led the volatility even if it is the largest cryptocurrency per market capitalization. In fact, as the price of Bitcoin rise and falls, the price of other cryptocurrencies follow suit. However, the cryptocurrency market is evolving and the price volatility is reducing. Bitcoin price volatility has reached a 17-month low. While this may be due to low trading volume and slow news cycles, some investors believe that it is a sign that the cryptocurrency market is maturing. $75M raised already. Hurry up! Neluns ICO Ends in just 1 day! Up to 35% extra-bonus. Don't Miss Out! Is The Lack Of Volatility Good Or Bad For Bitcoin? Currently, there are two camps debating this issue. One camp believes that the lack of volatility is a good thing that signals maturity in the market while the other camp bel..
Advertisement This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Decentralized blockchain project Snapparazzi launched its minimum viable product (MVP) for their forthcoming mobile-app oriented service which promises to significantly change the current state of media and journalism. The platform will utilise a proprietary token called SnapCoin (SNPC) as the currency of its economy, a coin with which creators and publishers are able to market, sell and purchase content without the need of a centralized intermediary. From fake news to ad views There are reasons that we have witnessed a partial exodus of audience from so-called ‘traditional media’ channels towards newer providers such as YouTube, Twitter, etcetera. ‘Fake news’ has been a key term of late, and whilst it is a part of the problem it is far from the only issue plaguing the media sector. Another is the ..
A Ripple exec told CNBC that the company could launch a commercial version of its payment platform xRapid “in the next month of so.” Ripple could launch a commercial version of its payment platform xRapid "in the next month or so," CNBC reported September 17. Head of regulatory relations for Asia-Pacific and the Middle East at Ripple Sagar Sarbhai told CNBC that Ripple has been making strides toward the launch of its product xRapid. The xRapid product is a real-time settlement platform designed to speed up international payments. Built for commercial use and backed by XRP tokens, xRapid addresses the issue of minimizing liquidity costs and making cross-border payment transactions faster. xRapid claims to significantly reduce the capital requirements for liquidity. Sarbhai said in an interview with CNBC: "I am very confident that in the next one month or so you will see some good news coming in where we launch the product live in production." Sarbhai also noted that regulators’ approac..