Dash news-Page 11
Crypto Markets See Mixed Red and Green, BTC and ETH Hold Ground
Monday, September 17: crypto markets are today largely green, but scattered mild corrections are affecting several major-market-cap altcoins, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) is just a fraction of a percent down on the day to trade at $6,484 to press time. Having reclaimed the $6,500 price point September 13, the top coin failed to break through to a yet higher level, but has instead jaggedly circled to consolidate the $6,500 mark. Despite a brief dip earlier today below $6,460, Bitcoin has since somewhat rebounded in the hours before press time. On the week, Bitcoin …
Bitcoin Price / Sept. 17, 2018
Ethereum Consolidates Newly-Won Growth as Wider Crypto Market Falters
Friday, September 14: After yesterday’s bullish upswing, crypto markets have today been hit with widely-dispersed corrections. Ethereum (ETH) is today’s most resilient large-market-cap altcoin, seeing the most notable growth on the day among the top twenty cryptoassets, as data from Coin360 shows. Market visualization by Coin360 After soaring 18 percent on the day yesterday, September 13 – and peaking as high as $223 during early trading hours today – Ethereum has seen a tempering downwards, before regaining some losses in the hours before press time. At its current $214 price point, the top alt has sealed a solid almost 4 …
Ethereum / Sept. 14, 2018
Cryptocurrency Markets Slump Midweek as Ethereum Hits New 2018 Lows
Cryptocurrency markets are feeling the pressure from an extended downturn on Wednesday, September 12, with Bitcoin (BTC) losing 2.5 percent and Ethereum (ETH) hitting its lowest levels since May 2017. Data from Cointelegraph’s price tracker and Coin360 confirms the lackluster picture across cryptoassets continuing another day, with all of the top twenty coins — with the exception of Dogecoin (DOGE) — in the red. Market visualization from Coin360 Bitcoin had climbed to almost $7,400 last week before turmoil hit markets again, prices tumbling over claims Goldman Sachs had shelved its crypto trading plans, something officials have since dismissed as “fake …
Bitcoin / Sept. 12, 2018
Crypto Markets See Another Wave of Red, Despite Bullish News From Major Industry Players
Monday, September 10: crypto markets have seen mainly red today, with just two coins out of the top 20 cryptocurrencies in the green, and total market cap hovering around $194 billion. Market visualization from Coin360 Bitcoin (BTC) is slightly down today, fluctuating around the $6,300. The major cryptocurrency is currently trading at $6,287 by press time, down 1.5 percent over the past 24 hours. Bitcoin saw an intraday high of $6,398 and low of $6,253, according to Cointelegraph’s Bitcoin Price Index. The coin sharply lost its $6,400 trading levels yesterday afternoon, slipping almost $200 in less than two hours, then …
Bitcoin Price / Sept. 10, 2018
Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses
Friday, September 7: after the midweek bloodbath, crypto markets have slightly stabilized today, although many coins continue to shed value, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,430 at press time, down just under one percent on the day, according to Cointelegraph’s Bitcoin Price Index. Despite a bullish start to September, Bitcoin’s price decline set in this Wednesday, September 5. Since then, the leading cryptocurrency has spiralled downwards from a high of $7,391 to over $1,000 less at its intraday low today at $6,354. The coin is now a stark 16 percent down …
Blockchain / Sept. 7, 2018
Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet
Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows. Market visualizat ion from Coin360 Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index. Having broken through the $7,000 threshold August 31, Bitcoin saw a solid uptrend until its sudden plummet yesterday, September 5. The top coin is now around 8 percent down on its weekly chart. On the month, however, Bitcoin remains up by around the same figure …
Bitcoin Price / Sept. 6, 2018
Bitcoin Seals Further Gains in a Mostly Green Market as Ethereum Fails to Break $300
Tuesday, September 4: crypto markets are largely green today, with Bitcoin (BTC) inching upwards yet further, and several large-market-cap alts seeing solid gains, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,374 at press time, up over 1 percent on the day as it continues boost its newly won gains, according to Cointelegraph’s Bitcoin Price Index. Having reclaimed the $7,000 price point August 31, Bitcoin has seen a solid upwards trend and is now pushing $7,400. The top coin is trading an impressive $550 higher than its low on its weekly chart, with its …
Blockchain / Sept. 4, 2018
How Venezuela Came to Be One of the Biggest Markets for Crypto in the World
Venezuela has been living with hyperinflation since at least 2014. Its national currency — the Venezuelan bolívar — hit an official inflation rate of 57.3 percent in February 2014, while independent currency analysts were reporting that, by that September, the real inflation rate had already topped 100 percent. In other words, the bolívar (VEF) was depreciating rapidly in value, and ordinary Venezuelans needed something to fill the void it had left as a one-time viable means of exchange. By definition, hyperinflation is a state in which, as described by the International Accounting Standards Board, "the general population prefers to keep …
Markets / Sept. 2, 2018
Bitcoin vs. Altcoins: Which Is the Most Usable for Merchants?
Volatile or not, there's growing public demand for retailers and businesses to accept payment in cryptocurrency. According to a survey published in June by the United Kingdom-based crypto-exchange CreditCoin, 75 percent of American consumers want the option to use cryptocurrencies to pay for items they purchase in stores. Sadly, the proportion of stores providing this option doesn’t seem to have reached three-quarters yet. However, the number of merchants accepting Bitcoin (BTC) and other coins is nonetheless steadily increasing, with the number of Bitcoin-accepting stores reported to Coinmap — worldwide — had risen by 3,716 in a single year. There is, …
Adoption / Sept. 1, 2018
Bitcoin Loses $7K Footing Amid Market-Wide Price Correction
Thursday, August 30: following the week’s brief uptick, crypto markets are today seeing widespread corrections, with the top ten coins by market cap losing between 1.5 and 5 percent on the day. All but 13 minor alts among the top 100 ranked cryptos are in the red, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $6,942 at press time, down1.52 percent on the day, according to Cointelegraph’s Bitcoin price index. Having broken through the much-fêted $7,000 threshold earlier this week, the top coin has seen a slump set in as of yesterday, August 29. …
Bitcoin / Aug. 30, 2018
Bitcoin Continues to Hover Near $7K, Wider Crypto Market Sees Some Mild Corrections
Wednesday, August 29: crypto markets are largely holding fort after yesterday’s strong upswing, as Bitcoin (BTC) continues to trade near the $7,000 price point and many of the top ten cryptocurrencies see negligible price change on the day. While a number of crypto assets in the top 100 are seeing mild corrections, these are scattered and are not for now correlated as part of a market-wide downtrend, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,036 at press time, down just half a percent on the day, according to Cointelegraph’s Bitcoin price index. The …
Bitcoin / Aug. 29, 2018
Bitcoin Breaks Above $7,000 as Crypto Market Rallies Into Green
Tuesday, August 28: crypto markets are seeing strong positive momentum bolster a persuasive recovery, as Bitcoin (BTC) breaks above the $7,000 price point and all but 3 altcoins amid the top 100 cryptocurrencies post strong gains on the day. Growth among the top ten largest assets ranges between 4.5 to almost 20 percent, as Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) is trading at around $7,016 at press time, up around 4.2 percent on the day, according to Cointelegraph’s Bitcoin price index. The top coin has seen several days of recovery since its brief price dent August 22 …
Bitcoin / Aug. 28, 2018