Please share if you find this article interesting. EOS, Cardano, Stellar Lumens, Tron, IOTA Price Analysis: Price not a Worry, Australians Are Buying In A single day of BTC dip was enough to wreck havoc in altcoins valuations. It’s because of that, that most coins under review as EOS, Cardano, Stellar Lumens, Tron and IOTA will end up bearish and likely resume a trip to new 2018 lows throughout this month. The only stand out in this red is Stellar Lumens. Jed MacCaleb’s coin might reject lower lows and print higher more so if buyers reverse Sep 5 losses closing above 25 cents. It even gets better. Recent reports indicate that From neutral point of view, ADA is in some sorts of consolidation and that’s when we take into account that conspicuous dark cloud cover of early this week.
Please share if you find this article interesting. Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, September 7 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Total crypto market capitalization tumbled from $239 billion on September 5 to $200 billion on September 6, according to data from CoinMarketCap. One of the probable triggers for the fall was a Business Insider report that Goldman Sachs was dumping its plans to launch a cryptocurrency trading desk. On September 6, Goldman Sachs Chief F...
Please share if you find this article interesting. Bittrex to Launch Caribbean and Latin American Crypto Exchange - Bitcoin News Exchanges The US-based exchange Bittrex has announced a partnership with Cryptofacil, a new cryptocurrency trading platform designed to accommodate citizens in Latin America and the Caribbean. The company explains the new exchange will be powered by Bittrex and offer customers in those regions accessibility to over 200 digital assets. Also read: Proof-of-Stake is a Rebranded Version of the Old Financial System US Exchange Bittrex Is Launching a New Exchange That Tends to Latin American and Caribbean Citizens The North American cryptocurrency trading platform Bittrex is expanding its operations by entering a new partnership with a financial tech com
Please share if you find this article interesting. Energy Firm ENGIE Partners With Consulting Firm to Create Blockchain Software Offering French electric utility company ENGIE and consulting firm Maltem Consulting Group have jointly established a blockchain development firm designed for commercial customers, according to a press release published September 7. The new project called Blockchain Studio received seed funding totalling €1.9 million (around $2.1 million). Blockchain Studio has created a software suite for commercial enterprises comprised of two fundamental tools. One tool is focused on the development of smart contracts and enables its application by users without technical background. The other tool manages the creation of cloud-based or server-based blockchain infras
Please share if you find this article interesting. Bitcoin’s Hopeful Numbers: 70% Familiar in the United States - Bitcoin News News This week Yougov Omnibus released a host of encouraging new survey data, new numbers, and among their findings “48% of millennials would be interested in using cryptocurrency primarily…A vast majority (79%) of Americans are familiar with at least one kind of cryptocurrency.” Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug Some Encouraging Bitcoin & Crypto Numbers Amid sagging crypto market prices, it’s heartening for enthusiasts to receive survey data like that recently released by Yougov Omnibus. Their findings concluded, “By far, the most well-known cryptocurrency among Americans is Bitcoin, with 71% of people sayi
Please share if you find this article interesting. Major Mining Pool F2Pool Publishes List of Minimum Prices for Profitable Crypto Mining The CEO of China-based crypto mining pool F2Pool posted a company-branded infographic September 6 that indicates at what minimum price points the mining of various cryptocurrencies becomes unprofitable. Shixing Mao, co-founder and CEO and of the world’s sixth largest mining pool F2Pool, published a list of price levels for major cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Zcash (ZEC) below which mining said currency with various different miners allegedly becomes unprofitable. According to Mao’s graphic, if Bitcoin’s price hits lower than 36,792 yuan (about $5,376) point, this would mean that mining the cryptocu
Please share if you find this article interesting. 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 on its weekly chart. On t
Please share if you find this article interesting. The Altcoin Correction Index Gives an Alternative View of Crypto Assets - Bitcoin News Markets and Prices Analysts are always seeking new ways to assess cryptocurrencies. Different metrics provide insights that can be used to gauge various trends, such as estimating when a particular asset has bottomed out and is due to rise. The Altcoin Correction Index provides an unvarnished snapshot of this year’s worst performing cryptos. Also read: Blockchain, Reloaded: How the New “Matrix” Appeared Altcoins Haven’t Performed This Badly Since 2014 Whatever metric you choose to apply, altcoins aren’t looking so pretty this year. Just one crypto asset in the top 100 is in the green (BNB) while everything else is down an average of 70-90%
Please share if you find this article interesting. Bets Against Ether's Price Hit All-Time High The number of short orders placed on ether (ETH) reached a new all-time high during Friday's trading session, according to data from the cryptocurrency exchange Bitfinex. At approximately 10:00 UTC Friday, the number of shorts placed on ETH/USD, the world's second largest cryptocurrency by market capitalization, surpassed the prior mark of 202,854 to ultimately reach a new high of 208,689. The new figure represents an 81.96 percent increase week-to-week and a 162 percent jump from mid-August. The development follows an unfavorable week for the broader cryptocurrency market and ETH in particular. From September 5-6, bitcoin (BTC) fell more than $1100, accounting for a nearly 15 percent ...
Please share if you find this article interesting. USD Is the Most Actively Traded Fiat Against Cryptocurrencies, Study Says Management and technology consulting firm GreySpark has found that U.S. dollars are the most actively traded fiat currency against cryptocurrencies in a new study published September 4. The study focuses on the recent popularity of cryptocurrencies that went viral in late 2017, when Bitcoin’s (BTC) price peaked at $20,000. GreySpark experts found that crypto prices correlated with Google search interest. For instance, the fluctuation in the price of Bitcoin (BTC) between $19,000 and $20,000 corresponded with the record-breaking amount of searches for "Bitcoin" and "cryptocurrency", the study outlines. Correlation between crypto prices and Google search int