2336 cryptocurrencies
Total Market Cap $5,295,884,510,351,275
Total Volume 24h $396,877,055

Cardano Cardano star

$0.03
0.0009 (2.95%)

Designed and developed by IOHK in conjunction with the University of Edinburgh, the University of Athens and the University of Connecticut, Cardano SL (or Cardano Settlement Layer) is a Proof of Stake cryptocurrency based on the Haskell implementation of the white paper “Ouroboros: A Provably Secure Proof of Stake Blockchain Protocol” by Aggelos Kiayias, Alexander Russell, Bernardo David and Roman Oliynykov.

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Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500

Jul 21st, 2018

Crypto markets seeing mostly green, with altcoins regaining strength and Bitcoin holding solidly above $7,400. Crypto markets are seeing mostly green today, July 21, continuing the momentum of this week's upswing. The top ten altcoins are solidly regaining strength today, up as much 8 percent, according to Coin360, with Bitcoin (BTC) only slightly in the green, hovering near yesterday's levels. Market visualization from Coin360 The top cryptocurrency is currently trading at $7,426 at press time, up just under 1 percent on the day. Bitcoin saw an intraday low of $7,246. Low point in Bitcoin's 24-hours chart. Source: Cointelegraph Bitcoin Price Index Top altcoin Ethereum (ETH) has seen more significant growth over the past 24 hours, up almost 5 percent and trading at $466 at press time. The altcoin is holding weekly gains of almost 8 percent, peaking at over $500 on July 18. Ethereum weekly price chart. Source: Cointelegraph Ethereum Price Index Total market capitalization of all cryptocurrencies is hovering around $282-283 bln, currently at $282.7, up about 2 percent over the past 24 hours to press time. Total market cap is down from this week's peak of almost $300 bln. Total market capitalization chart. Source: CoinMarketCap Among the top ten cryptocurrencies on CoinMarketCap, Stellar (XLM) and IOTA (MIOTA) are up the most on the day, seeing over 7 and almost 5 percent growth respectively. Other than stablecoin Tether, Cardano (ADA) is seeing the least 24-hour growth of the top ten coins, up only 1.53 percent. Cardona is however seeing major growth on the week, boasting a whopping 23 percent price increase. Yesterday, July 20, the Chicago Mercantile Exchange (CME) reported that BTC futures daily average volume has increased by 93 percent in Q2 over Q1. The number of open contracts on Bitcoin futures also increased by 58 percent. This week's crypto market growth got further encouragement yesterday, July 20, when the CEO of crypto trading platform BitMEX suggested Bitcoin's current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018.


Bitcoin Breaks $8,000 as Selected Alts See Slight Recovery

Jul 24th, 2018

July 24: Bitcoin (BTC) broke through the $8,000 price point this morning, as the top cryptocurrency continues to outperform most other crypto assets, according to data from Coin360. In the days following the strong upswing that kicked off across the crypto market on July 16 and accelerated further on July 17, Bitcoin has sustained positive momentum while other alts slid into negative territory. Market visualization from Coin360 Bitcoin (BTC) is trading around $8,009 to press time, up 3.9 percent on the day. The leading asset gained over $200 dollars within the space of an hour and a half this morning to hit $7991, and then broke the $8,000 resistance level, peaking at a 24-hour high of $8,031. Bitcoin's weekly and monthly gains are now at around 3.8 and 34 percent respectively, according to data from CoinMarketCap. Bitcoin 24-hour price chart. Source: Cointelegraph Bitcoin Price Index Yesterday, BTC dominance by market capitalization in the crypto market reached its highest level yet in 2018, passing 46 percent, a threshold last seen December 20, 2017, when the coin was trading close to its industry highs of $20,000. Today, dominance has inched up yet further to 46.8 percent by press time. Percentage of total market cap (dominance) from CoinMarketCap Ethereum (ETH) is trading around $468 at press time, up 1.2 percent on the day. Having peaked at $510 on July 18, the asset's subsequent decline saw it dip to $444 by July 20. Today, the altcoin has seen modest growth, reaching a 24-hour high of $472. Ethereum has lost just under 1 percent on the week, but is now up 4.77 percent on the month. Ethereum's 24-hour price chart. Source: Cointelegraph Ethereum Price Index On CoinMarketCap's listings, the top 10 coins by market cap are seeing mixed red and green, with some alts seeing solid growth of above 4 percent. Litecoin (LTC) is up over 3.5 percent on the day, trading at around $87, according to CoinMarketCap. Bitcoin Cash (BCH) is also up over 4.5 percent and is trading at $851 to press time. Meanwhile, EOS, IOTA (MIOTA), and Cardano (ADA) are all down, seeing losses of within a 1-2 percent range on the day by press time. Of the top 20 ranked coins on CoinMarketCap, anonymity-oriented altcoin Monero (XMR) is the strongest performer. Monero is up almost 4 percent and is trading around $140 at press time. Breaking $148 July 18, the coin saw a subsequent decline to $127 on July 21, and traded sideways until yesterday's uptick, which continues today. Monero 7-day chart. Source: CoinMarketCap Total market capitalization of all cryptocurrencies is around $294 billion at press time, inching closer to its intra-weekly high of around $300 billion. Weekly high in the total market capitalization of all cryptocurrencies from CoinMarketCap While the market is seeing a more mixed picture today, Bitcoin's recent divergence from other crypto assets has prompted CNBC trading advisor Ran NeuNer to venture that we may be on the cusp of a bull market. The analyst attributes the top coin's strong performance to news earlier this month that the $6.3 trillion asset manager and ETF-giant BlackRock is beginning to assess potential involvement in Bitcoin. As per NeuNer's scenario: "-BTC goes up in anticipation of ETF at the expense of Alts. - Investors start to pay more attention to BTC as it is getting returns. - New money flows in again including institutional funds. - BTC runs , investors exit and invest in Alts. - Bull market again..." While many hold the view that crypto-based ETFs would be a "holy grail" for the crypto industry, news that BlackRock may also be eyeing an entry into Bitcoin futures trading could prove more divisive, given suggestions from figures including Fundstrat's Tom Lee that Bitcoin's "gut wrenching" price weakness this spring was tied to futures contract expirations. In May, the Federal Reserve Bank of San Francisco had similarly alleged that Bitcoin's price decline was the result of the introduction of futures trading on CBOE, and then CME, in Dec. 2017. This week, CME revealed that the average daily volume of Bitcoin futures on its platform increased by 93 percent in Q2 over Q1 in 2018, also indicating that the number of open contracts had exceeded 2,400 -- a 58 percent increase over Q1.


Bitcoin Reclaims $6,600, Altcoins Gain up to 9% Today as ETF Giant BlackRock Eyes Crypto

Jul 16th, 2018

Bitcoin has reclaimed the $6,600 price point, amid a major market rally bolstered by news that the $6.3 trln asset management behemoth BlackRock is eyeing crypto. Crypto markets are on an upswing today, July 16, as data from Coin360 shows, with Bitcoin (BTC) reclaiming the $6,600 price point. Today's notable market growth is likely bolstered by news that the $6.3 trillion asset management heavyweight BlackRock -- the world's largest provider of exchange traded-funds (ETF) -- is beginning to assess potential involvement in Bitcoin, according to reports from Financial News. Market visualization from Coin360 Today's solid market gains are poised to turn around negative momentum that has thwarted price performance since market descent that began July 10. Yesterday saw the first signs of a budding positive trend, and as of today, virtually all of the top 100 coins by market cap are seeing significant growth on the day to press time. Bitcoin is trading around $6,607, up a little over 4 percent over the 24-hour period to press time. The top cryptocurrency gained over $200 in the space of a few hours this morning, hitting a peak of $6,635 before falling slightly to its current position. Bitcoin is still down around one and a half percent on the week, yet to top its outstanding rally July 8 when the coin hit almost $6,800. Bitcoin price chart July 16. Source: Cointelegraph Bitcoin Price Index Leading altcoin Ethereum (ETH) is trading around $474 to press time, up over 6 percent over the past 24 hours to press time. The coin's strong ascent has not yet brought its mid-term price performance back into net positive territory, with its weekly and monthly losses still at 1.25 and 4.8 percent respectively. Following Bitcoin's spike, Ethereum also saw a sharp upward turn earlier today, growing about 4.6 percent in two and a half hours to peak at $475, before proceeding to trade sideways to press time, holding today's gains so far. Ethereum price chart July 16. Source: Cointelegraph Ethereum Price Index On CoinMarketCap's listings, all of the top 10 coins by market cap -- excluding stablecoin Tether (USDT) -- have seen impressive gains of between 4 and 9 percent over the past 24 hours to press time. Of the top 100 ranked crypto assets, just five are in the red, including Tether. EOS is the strongest performer of the top ten cryptocurrencies over the 24-hour period, up a hefty 8.55 percent and trading at $7.75 to press time. EOS 24-hour performance. Source: CoinMarketCap Other sweeping gains have been claimed by Stellar (XLM), Cardano (ADA) and IOTA (MIOTA) -- all of which have seen positive growth of 7-8 percent over the 24-hour period, according to CoinMarketCap. Total market capitalization of all cryptocurrencies is now at around $266.9 billion to press time, gaining over $12 billion on the day. The markets are nonetheless just shy of their intra-weekly high of $274.7 billion in the early hours of July 10. Weekly high in the total market capitalization of all cryptocurrencies from CoinMarketCap Today's significant news from BlackRock is likely to invigorate the narrative that institutional investors have been biding their time to enter the cryptocurrency markets at an opportune moment. Over the weekend, CNBC trading advisor Ran Neuner went so far as to venture that once the institutional behemoths are in, 2017's bull run for crypto would come to "look like a warm-up." Ran Neuer has today added today that the indications that BlackRock could now enter the crypto space potentially heralds an "exciting" and transformational moment for the markets -- a position that echoes the long-held view that crypto-based ETFs would be a 'holy grail' for the crypto industry. In its own bid to provide infrastructure to facilitate institutional entry, major U.S. crypto wallet provider and exchange service Coinbase has said that it expects that such moves -- rapidly being mirrored across the crypto space -- will "unlock" the "$10 billion" of institutional capital that has until now been "sitting on the sideline."


Bitcoin Holds Recent Gains Amid a Checkered Market Outlook

Jul 25th, 2018

July 25: Bitcoin (BTC) is holding its newly won gains, having led the week's impressive uptick to stay above $8,000. Other leading cryptocurrencies are seeing mixed fortunes, according to data from Coin360. Market visualization from Coin360 Bitcoin (BTC) is trading around $8,200 to press time, down about half a percent on the day. The leading asset surged as high as $8,483 during early trading hours -- a price point it has not seen since mid-May -- subsequently retracing to its current level. Bitcoin's weekly and monthly gains are at a bullish 10 and 34 percent respectively, according to data from Cointelegraph's price index. Bitcoin 24-hour price chart. Source: Cointelegraph Bitcoin Price Index BTC dominance by market capitalization continues to inch upwards, now at 47.2 percent according to CoinMarketCap, after posting its 2018 record-high earlier this week. Reddit co-founder Alexis Ohanian -- whose VC firm Initialized Capital was one of U.S. crypto exchange Coinbase's first investors -- said in a fresh interview that the "battle-tested" coin is "certainly the most robust" noting that "as volatile as it's been...[Bitcoin] continu[es] to go up over the long term." Ethereum (ETH) is trading around $471 at press time, seeing around a 1 percent loss on the day. The top altcoin has seen considerable price movement between its morning peak at $484 and subsequent dip to as low as $464. Ethereum has now lost 4.84 percent on the week, but remains almost 1 percent up on the month. Ethereum's 24-hour price chart. Source: Cointelegraph Ethereum Price Index On CoinMarketCap's listings, the top 10 coins by market cap are a mixed bag, with negative fluctuations capped at under 3 percent, and the heftiest gain pushing 1 percent growth over the 24-hour period. Bitcoin Cash (BCH) is down about 2.5 percent and is trading at $838 to press time, after an intra-day tumble to around $833, according to CoinMarketCap. Bitcoin Cash 24-hour chart. Source: CoinMarketCap Meanwhile, EOS has been the strongest top 10 performer, seeing a solid 1 percent growth and trading around $8.48 to press time. Litecoin (LTC) is trading around $86.89, down roughly 1 percent on the day, with Cardano (ADA) seeing an almost 3 percent loss and trading around $0.17 to press time. Of the top 20 coins on CoinMarketCap, crypto exchange Binance's native token Binance Coin (BNB) -- ranked 18th -- has skyrocketed almost 10 percent on the day, trading around $13.13 to press time. The token is nonetheless just short of its weekly high at $13.72. Tezos (XTZ) has been hit with steep losses of almost 5 percent, trading at around $2.13 to press time, following news that "Big Four" auditor PricewaterhouseCoopers (PwC) will conduct an external audit of its finances and operations. While the Foundation has heralded the news as a watershed moment -- it is "the first" large-scale blockchain organization to be monitored by PwC -- the news has perhaps nonetheless drawn fresh attention to controversies that have beset the project since last year. Total market capitalization of all cryptocurrencies is around $297 billion at press time, after surging to around $304 billion during early trading hours. Total market capitalization of all cryptocurrencies from CoinMarketCap EToro senior analyst Mati Greenspan today ventured that Bitcoin's bull run this week has been led by a spike in trading volumes on the Japanese and Korean crypto markets, also noting that average BTC transaction rates have inched past 2.5 per second for the first time since February this year. 1-year chart of Bitcoin's average transaction rate. Source: Blockchain.com As a mark of the nascent industry's rising status, Fortune this week released a crypto-focused version of its prestigious "40 under 40" honor roll for the first time, dedicated exclusively to innovators at the helm of the "financial revolution" ushered in by cryptocurrencies and blockchain.


Coinbase Gets Regulator Approval to List Digital Coins Considered to be Securities

Jul 16th, 2018

Cryptocurrency exchange and wallet service provider Coinbase has received approval from the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to list digital coins considered to be securities, Bloomberg reported July 16. A Coinbase representative told Bloomberg that the SEC and FINRA have authorized the exchange to acquire security dealers Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC. The deal will allow Coinbase to extend its offerings with security tokens and to operate as a broker dealer, an alternative trading system, and a registered investment adviser. Coinbase initially announced the acquisition plans on June 6. The spokesman reportedly said that Coinbase will now integrate its technology into the new subsidiaries, but did not reveal a timeline. Coinbase will need to verify that employees hold the necessary licenses and review how the firm reports data. Last week, the San Francisco-based exchange announced that it is exploring the addition of five new coins to its trading lists, including Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX). Coinbase noted that it does not guarantee the new tokens will be listed for trading. In June, Coinbase announced it will support Ethereum Classic (ETC) and ERC20 tokens. The company said then that its decision to add ERC20 "paves the way for supporting ERC20 assets across Coinbase products in the future." In March, the SEC said that platforms trading digital assets deemed to be securities must register with the regulator as an exchange, and would subsequently be governed by the same rules as traditional exchanges. The SEC added that entities aiming to operate as an alternative trading system (ATS) are also subject to regulatory requirements: "Registration as a broker-dealer subjects the ATS to a host of regulatory requirements, such as the requirement to have reasonable policies and procedures to prevent the misuse of material non-public information, books and records requirements, and financial responsibility rules, including, as applicable, requirements concerning the safeguarding and custody of customer funds and securities."


Coinbase Custody Considers Addition of 37 New Assets Including XRP, EOS and XMR

Aug 3rd, 2018

San Francisco-based exchange and wallet service Coinbase announced today, Aug. 3 that it is exploring the addition of 40 new assets to its custodial service, Coinbase Custody. The blog post stresses that the crypto assets may be added "for storage only," and that Coinbase will add them "as quickly and safely as possible." Coinbase states that they are not currently considering the assets for trading. According to the post: "We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets." Among the new assets being considered for storage are Ripple (XRP), EOS, Monero (XMR), VeChain (VEN), Cardano (ADA), Bitcoin Gold (BTG), and Telegram. Coinbase noted that the addition of an asset to Coinbase Custody is not indicative of whether it will be added to other Coinbase products. It also states that assets under consideration for trading must pass the GDAX Digital Asset Framework. The exchange states that customers may see public-facing APIs and other indicators that Coinbase is in the process of adding support for new digital assets. Coinbase "...cannot commit to when or whether these assets will become available on Coinbase Custody, we will provide updates to our customers about the process and what they can expect..." Coinbase Custody launched on July 2 of this year, aiming to address the "number one" concern of institutional investors, namely, security. The new service purportedly utilizes a range of security measures including "on-chain segregation of crypto assets," "offline, multi-sig and geographically distributed transaction protection" and "robust cold storage auditing and reporting." The company also plans to add "secure, segregated hot wallets." The recently launched custodial service is also secured through an SEC-compliant and FINRA-member independent broker-dealer, Electronic Transaction Clearing(ETC).


Coinbase Adds British Pound Support, Customers to Buy/Sell Crypto via UK Banks

Aug 2nd, 2018

Coinbase announces GBP support, enabling customers to buy and sell crypto for fiat via their UK bank accounts. Major U.S. crypto exchange and wallet Coinbase has started rolling out British pound (GBP) support, according to an official blog post August 1. The new feature will enable Coinbase customers with UK bank accounts to conduct faster transfers, letting customers buy and sell crypto for pounds within the same day. As Coinbase points out in their announcement, prior to adding GBP support, the process of buying or selling crypto for fiat took several days for the company's UK customers, requiring them to first convert their crypto into euros, and then into GBP via international wire transfer. The feature is currently available to only some existing customers, with the service promising to gradually rolled out support to all British customers "in the coming weeks." In their announcement, Coinbase notes that the company has been working on adding GBP support "over the last few months." In March, the company was granted an e-money license for fiat money operations from the UK's Financial Conduct Authority (FCA). It also gained access to the UK's Faster Payments Scheme (FPS), a UK banking initiative aimed at reducing transaction times. In July, Coinbase reversed its previous statement that it had obtained U.S. Securities and Exchange Commission (SEC) permission for listing crypto tokens considered to be securities under U.S. law. The platform revealed that neither the SEC nor the Financial Industry Regulatory Authority (FINRA) had in fact approved Coinbase to act as a securities dealer, as had been previously reported. Earlier in July, the company announced that it is considering listing five new cryptocurrencies on its platform, including Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX).


Bitcoin Hovers Near $7,000, While Altcoins Show Marked Signs of Recovery

Aug 5th, 2018

August 5: After yesterday's market nosedive, Bitcoin (BTC) is up just slightly, hovering around the $7,000 mark. All major altcoins are however showing marked signs of recovery, up between one and seven percent, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,040 to press time, holding ground on the day after its rapid tumble yesterday back to a price point not seen since July 17. The leading cryptocurrency could now be eyeing $6,800 as a short-term support, after several faltering pushes above the $7,000 threshold earlier today failed to hold. Bitcoin's weekly losses are now at around 14.05 percent, with monthly gains pinched to just under 8 percent. Bitcoin's 24-hour price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is seeing slightly more significant daily gains, up 1-2 percent to trade around $412 at press time. The leading altcoin has nonetheless sustained a gradual decline to lose over $50 in value on its weekly chart, posting around a 11.35 percent loss. On the month, Ethereum is down 11.66 percent. Ethereum's 7-day price chart. Source: Cointelegraph Ethereum Price Index On CoinMarketCap's listings, all of the top fifteen coins are in the green, posting more solid gains between one and seven percent on the day. IOTA (MIOTA) is a significant outlier, showing the strongest signs of recovery of the major altcoins with a solid 7.21 percent gain to trade around $0.91 at press time. Of the top ten coins, Cardano (ADA) is the second strongest performer on the day, up around 3.63 percent to trade around $0.13 at press time. Among the top twenty coins by market cap, Ethereum Classic (ETC) is also seeing significant gains, growing 7.17 percent on the day and trading around $17.44 at press time. The altcoin's mini rally kicked off late August 3, likely buoyed by news of its imminent listing on major U.S. crypto exchange and wallet service provider Coinbase, set for August 7. Ethereum Classic's 7-day price chart. Source: CoinMarketCap Total market capitalization of all cryptocurrencies is around $257.2 billion at press time -- up а solid $5 billion from yesterday's low at $252.3 billion. Nonetheless, the markets have lost around $50 billion since late July's rally to reach over $303 billion. 1-month chart of the total market capitalization of all cryptocurrencies from CoinMarketCap As the market tumbled Friday, the week's major news remains the bullish revelation that the Intercontinental Exchange (ICE) - the operator of 23 leading global exchanges including the New York Stock Exchange (NYSE) - plans to create a Microsoft cloud-powered ecosystem for digital assets that would cover the spectrum from federally regulated markets and warehousing to merchant and consumer needs. As Cointelegraph reported today, Starbucks, one the enterprises partnering with ICE to build the digital asset ecosystem, clarified that it will not be accepting Bitcoin (BTC) or other cryptocurrencies as payment, following misleading reports from mainstream media. ICE has further revealed it will be offering physically-delivered BTC futures contracts as of this November - as long as it gets the green light from the U.S. Commodity Futures Trading Commission (CFTC). Some analysts have suggested that the physical delivery would herald a significant institutionalization of the crypto landscape and be bullish for the markets - as distinct from the cash-settled Bitcoin futures contracts currently traded on CME and CBOE exchanges.


Crypto Markets Tumble as SEC Rejects Winklevoss Twins' Second Bitcoin ETF Application

Jul 27th, 2018

Markets have plunged, evidently in response to the U.S. SEC's rejection of the Winklevoss brother's second Bitcoin ETF application. Crypto markets have taken a sharp downturn, today, July 27, with all of the top ten coins by market cap hit by hefty losses and Bitcoin (BTC) dipping back below the $8,000 psychological price point, as data from Coin360 shows. The grim market picture is likely due to yesterday's breaking news that the Winklevoss Twins' application for a Bitcoin exchange-traded fund (ETF) has now been rejected for a second time by the U.S. Securities and Exchange Commission (SEC). Market visualization from Coin360 Bitcoin (BTC) is trading around $7,915 to press time, down about 4 percent on the day. After leading last week's impressive market uptick and hitting as high as $8,431 July 25, the coin tumbled over $400 within the space of 3 hours earlier today. Bitcoin has since slightly recovered from its intraday low at around $7,874 -- and its weekly and monthly price performance remains in the green, up around 6 and 30 percent respectively. Bitcoin's 24-hour price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is trading around $462 at press time, down about 3 percent on the day. The altcoin took a similarly sharp plunge to Bitcoin, losing roughly $20 in value within 3 hours, and later dipping yet further to see a 24-hour low of around $459. Ethereum's weekly price performance is now just shy of half a percent in the negative, but it's monthly gains remain at a firm 6 percent. Ethereum's 24-hour price chart. Source: Cointelegraph Ethereum Price Index On CoinMarketCap's listings, all of the top 10 coins by market cap are down between 3 and 7 percent on the day. Stellar (XLM) has seen the steepest loss of the top ten, 6.5 percent in the negative and trading around $0.305 to press time. Cardano (ADA) is down almost 7 percent, trading around $0.16 per coin, with IOTA (MIOTA) down around 5.4 percent at $0.98 and Bitcoin Cash (BCH) down almost 5 percent to trade at $802 to press time. Of the top 20 coins on CoinMarketCap, VeChain -- ranked 18th by market cap -- has somehow been immunized from the declining fortunes of most crypto assets on the day. After a major surge yesterday to hit as high as $2.66, the token is still up around 13.5 percent today and is trading at around $2.36 to press time. VeChain 7-day chart. Source: CoinMarketCap Crypto exchange Binance's native token Binance Coin (BNB) -- ranked 17th on CoinMarketCap -- is also up a solid 6 percent on the day, trading around $13.81 to press time -- its highest price point yet during its bullish run this week. Binance Coin 7-day chart. Source: CoinMarketCap Over $12 billion has been wiped from the total market capitalization of all cryptocurrencies on the day. After yesterday's peak at $303.7 billion, total market cap is now around $290 billion. Total market capitalization of all cryptocurrencies from CoinMarketCap Of the top 100 cryptocurrencies by market cap, just seven coins are in the green on the day to press time, according to CoinMarketCap. Crypto entrepreneur Charlie Shrem has argued on Twitter yesterday that the SEC's second rejection of the Winklevoss Bitcoin ETF it is in some sense "old news." He stated that a pending decision over the Bitcoin ETF that has recently been filed by VanEck & SolidX for trading on the Chicago Board Options Exchange (CBOE) will be more pivotal for the industry -- and would likely generate more price-impactful "ETF excitement." Shrem moreover argued that regulators will be more likely to grant a stalwart mainstream institution such as CBOE the right to trade an ETF, and that this was a more decisive factor in the Winklevoss rejection than the SEC's alleged qualms over inadequate "resistance to price manipulation" yesterday. In response to Shrem's argument, other commentators have nuanced his perspective, saying that: "The VanEck SolidX Bitcoin Trust ($XBTC) will trade on the CBOE. Its pricing relies on the MVIS Bitcoin OTC Index, not a [single crypto] exchange like Gemini. It seems like the SEC would have to deem OTC markets as having better investor protections and liquidity. More investigation is required." Other simply consider that the SEC's broadcasting of its concerns over vulnerabilities to market manipulation in an insufficiently sized regulated derivatives (futures) market will be "hard to overcome" -- it appears that these fears have been borne out by markets, at least in the immediate-short term. Meanwhile, on July 24 the SEC delayed its decision on a Bitcoin ETF application from investment firm Direxion, the same day as digital asset manager Bitwise filed its own application with the regulator for an ETF that would track an index of ten cryptocurrencies. Yesterday, the CEO of the Chicago Mercantile Exchange (CME) said the institution would not be introducing futures on cryptocurrencies other than Bitcoin anytime soon, reiterating his earlier comments that it would be "a little irresponsible" to launch altcoin futures contracts given that they are still "highly volatile and new."


5 Crypto Assets Are Soaring on Possible Coinbase Listings - CoinDesk

Jul 13th, 2018

Cryptocurrencies generally see a price increase after being added to an exchange, but with Coinbase the rise can be meteoric - even when nothing is actually being added. The exchange announced Friday that it was looking into potentially adding cardano's ADA token, basic attention token, stellar, zcash and 0x to its platform, and each of the tokens immediately saw double-digit percent price spikes. The increases are even more interesting considering Coinbase noted that it "cannot guarantee they will be listed for trading." Notably, the exchange also claimed that "we are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets," possibly in reference to past allegations of insider trading. While most of the listed tokens have been falling victim to the bearish sentiment of the cryptocurrency market over the past few days, BAT has been looking particularly bullish. The exchange added a disclaimer that residents in certain area may or may not be able to trade a specific token, saying that "regional support will depend on a case-by-case analysis that looks to legal, compliance, and other factors that are relevant to that jurisdiction. In some cases, you should expect certain assets to be available in other jurisdictions before coming to the U.S." The exchange does plan to look at various factors, including the legal and compliance aspects of offering a particular token for trading, before launching support, according to the post. "We only plan to launch asset which are compliant with local law," it noted. Coinbase app image via PixieMe / Shutterstock Disclosure: The author holds BTC, AST, REQ, OMG, FUEL, 1st and AMP at the time of writing. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.


Crypto Market Slightly Struggles After Mini Bull Run, Ripple Down 5%

Jul 20th, 2018

Subsequent to demonstrating a mini-rally on July 18, the crypto market has declined by $12 billion, triggered by a large drop in the value of tokens. Since Wednesday, bitcoin, the most dominant cryptocurrency in the market, has performed relatively well against the US dollar. Its volume, which remained below $3.5 billion last week, has rebounded to $5.2 billion, and tripled on the global market's largest crypto exchange Binance. As of July 20, the price of bitcoin remains above the $7,470 mark, down less than 1.5 percent from its weekly high at $7,570. But, other major digital assets such as Bitcoin Cash (BCH), Ripple (XRP), Ether (ETH) and Cardano (ADA) have performed poorly against both bitcoin and the US dollar, dropping by over 5 percent in the past 24 hours. Ripple, in particular, has struggled to sustain any momentum from its slight increase in value on July 18, while others have managed to at least hold their support levels. Since July 19, the price of XRP has been in free fall, dropping from $0.52 to $0.46, by more than 11.5 percent. After recording a large sell-off on major exchanges less than 48 hours ago, XRP has not been able to demonstrate signs of recovery in the short-term. The short-term trend of XRP will likely remain negative in the upcoming days, as the sell-off on July 19 was not sufficient to reverse the Relative Strength Index (RSI) of XRP and create an oversold condition for the Ripple exchange market. The Average Directional Index and various momentum indicators show that the downtrend of XRP is simply too strong at the moment to initiate any sort of corrective rally by the end of this week. Some investors have said that the slight decline in the price of bitcoin and the valuation of the crypto market was expected, given the sudden surge in the price of bitcoin on Wednesday, which saw a 10 percent rise within a 30-minute window. In early April, when the price of bitcoin surged by over 10 percent from $6,900 to $8,000, its rally continued to the $10,000 resistance level, which it failed to surpass and ultimately fell below the $6,000 mark two months after. In a sideways market, especially when the price of bitcoin remains stable, tokens tend to perform exceedingly well against major digital assets. However, even tokens such as 0x (ZRX) and Aelf (ELF), which have demonstrated strong momentum throughout July, have recorded 10 percent losses over the past 24 hours. ELF, in particular, saw a 10 percent fall from 0.00011 BTC to 0.000092 BTC, after reaching a weekly high at 0.000127 on July 5. One positive takeaway from the performance of the crypto exchange market this week is its strong volume that has rebounded well since last week, and if the volume of the market can be sustained, a movement to the upside can be expected by the end of the week.


Crypto Markets Experience Slight Dip But Still Hold Weekly Gains

Jul 19th, 2018

Thursday, July 19: crypto markets have seen a slight slump over the past 24 hours, but are still holding weekly gains of up to 64 percent among some of the top ten cryptocurrencies by market cap, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) keeps hovering around yesterday's levels, having seen an intraday low of $7,249. The leading cryptocurrency is slightly down by around .23 percent over a 24 hour period, trading at around $7,418 at press time and still up almost 20 percent over the past week. Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index In contrast, the second top cryptocurrency Ethereum (ETH) is down around 5.5 percent today, trading at around $467, and still holds gains of around 9 percent this week. Ethereum price chart. Source: Cointelegraph Ethereum Price Index Total market cap is down $9 billion from yesterday's high, currently at around $289 billion. Total market capitalization chart. Source: Coinmarketcap Stellar (XLM) is holding as much as 60 percent gains over the past week, trading at around $0.29 at press time, while down almost 2 percent today over the past 24 hours. The altcoin is now ranked 6th on CoinMarketCap, overtaking Litecoin (LTC). Cardano (ADA) also continues to hold a stable position around the top cryptos. Despite the fact that the coin has lost almost 5 percent over the past 24 hours to press time, it is up around 43 percent over the past week. Earlier today, the "first-ever crypto investment report" by digital asset management fund Grayscale Investments revealed that the majority of capital inflow this year has been made by institutional investors, as much as 56 percent in the first half of 2018. Yesterday, CEO and founder of Digital Currency Group Barry Silbert suggested that Bitcoin has "probably hit the bottom for the year," adding that "as an asset class it is here to stay ... I'm 100 percent confident a decentralized, non-fiat form of money is here to stay."


Bitcoin Falls Short of Breaking $7,000, Other Altcoins See Slight Losses

Aug 6th, 2018

August 6: Bitcoin (BTC) is making several attempts at breaking back above the $7,000 mark, staking its recovery after a sharp market tumble this weekend. Many major cryptocurrencies continue to see minor losses, as data from Coin360 shows. Market visualization from Coin360 Bitcoin (BTC) is trading around $6,974 at press time, down 1.17 percent on the day. The leading cryptocurrency has made several attempts to break above the $7,000 threshold, trading as high as $7,127 in early trading hours. These fleeting spikes failed to hold as of press time however, and the coin's losses on the week now tally above 14 percent. On the month, Bitcoin is still up almost 5 percent. Bitcoin's 24-hour price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) has seen negligible fluctuation on the day to trade around $403, despite several attempts at breaking to a higher price point early this morning. The top altcoin is still down over $50 in value by its weekly chart, equating to a 11.42 percent loss. Most of these losses were posted during a steep decline late July, with the asset subsequently trading sideways through most of August. On the month, Ethereum is down around 13.7 percent. Ethereum's 7-day price chart. Source: Cointelegraph Ethereum Price Index On CoinMarketCap's listings, most of the top ten coins are seeing small fluctuations within a 3 percent range, with only IOTA (MIOTA) seeing a more significant price change, losing 6.5 percent to trade around $0.85 at press time. Yesterday, the alt decoupled from the wider market to grow over 7 percent, with an apparent retracement setting in today. Cardano (ADA) and Litecoin (LTC) are trading stably at press time, both just edging into the red, with the former trading at $0.13 and the latter at $0.73 at press time. Among the top twenty coins by market cap, Ethereum Classic (ETC) continues to claim further gains, up a further 6.3 percent on the day to trade at $18.44 at press time. The asset is still riding on positive momentum triggered by news of its imminent listing on popular U.S. crypto exchange and wallet service provider Coinbase, set for August 7. Ethereum Classic's 7-day price chart. Source: CoinMarketCap Total market capitalization of all cryptocurrencies is around $252 billion at press time, losing a couple of billion on the day, as sustained market-wide growth remains shaky. 7-day chart of the total market capitalization of all cryptocurrencies from CoinMarketCap As markets continue to hover without conviction, prominent crypto onlookers are taking stock of the week's news for the crypto space. CNBC's Ran NeuNer is anticipating a "huge" market rally amid major revelations from the Intercontinental Exchange (ICE) -- the operator of 23 leading global exchanges including the New York Stock Exchange (NYSE) -- that broke on Friday. ICE has unveiled plans to create a Microsoft cloud-powered ecosystem for digital assets that will encompass federally regulated markets and warehousing and instant fiat-crypto conversion for merchants and consumer needs. Pending the green light from regulators, the NYSE operator will also offer physically-delivered Bitcoin futures contracts as of November. Another sign of further institutionalization is the week's news that Germany's second largest stock exchange, the Stuttgart Börse, plans to develop a new platform for Initial Coin Offerings (ICO) as well as a multilateral crypto trading venue. Ari Paul has also weighed in on strong signs of wider and diversified crypto adoption in a tweet yesterday: "What is cryptocurrency used for? First it was darknets and satoshi dice. Then crowdfunding and trading. Now we finally have the tech and critical mass for P2P cash and gaming. We'll soon see crypto encroach on Western Union and PayPal and Pokemon."


Bitcoin Builds on Recent Gains, Pushing $7,750 While Major Altcoins See Losses

Jul 23rd, 2018

July 23: Following a major upswing that kicked off on July 16, Bitcoin (BTC)'s price performance has diverged from other top cryptocurrencies. As Coin360 data shows, the top coin continues to build on its recent gains, while most major alts are struggling to maintain positive momentum. Market visualization from Coin360 Bitcoin (BTC) is trading around $7,740, up 3.17 percent over the 24 hour period at press time. The leading cryptocurrency has been gradually inching towards an ever higher price point all week, consolidating growth following sharp spikes on both July 16 and July 17. Today, BTC dominance by market capitalization in the total crypto market posted its highest level yet in 2018, passing 46 percent, a threshold last seen December 22, 2017, when the coin was trading just below all-time highs of around $20,000. Percentage of total market cap (dominance) from CoinMarketCap Bitcoin's weekly and monthly gains are in positive territory, at about 15.8 and 24 percent respectively. Bitcoin 7-day price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) has failed to hold its recent gains, with the top altcoin trading around $452 at press time, down 2.55 percent over the 24 hour period. After an intra-weekly high of $510 on July 18, the asset's subsequent downturn saw it trading as low as $444 by July 20, before reclaiming some ground to its current levels. Ethereum has now lost 5.66 percent on the week, 6.42 percent on the month. High point in Ethereum's 7-day price chart. Source: Cointelegraph Ethereum Price Index On CoinMarketCap's listings, all of the top 10 coins by market cap, except for Bitcoin, are seeing losses of between 1 and 5 percent over the 24 hour period at press time. IOTA (MIOTA) has lost 3.7 percent on the day, trading at roughly $0.95 at press time, according to CoinMarketCap. Cardano (ADA) has lost just shy of 3.68 percent and is trading around $0.16 over the past 24 hours to press time. Of the top 20 ranked coins on CoinMarketCap, anonymity-oriented altcoin Monero (XMR) is the strongest performer, up 4.24 percent and trading around $135 at press time. Peaking at $148 July 18, the coin saw a subsequent decline to $127 July 21, and traded sideways until today's strong upswing. Monero 7-day chart. Source: CoinMarketCap Total market capitalization of all cryptocurrencies is around $284 billion at press time, down from its intra-weekly high of around $299 billion. Weekly high in the total market capitalization of all cryptocurrencies from CoinMarketCap Earlier today, the Cointelegraph reported on significant remarks from former vice president of North American investment banking at JPMorgan Chase, who suggested that blockchain "may be the key to avoiding the next global financial crisis." China, which upholds its hardline stance towards decentralized crypto assets, has seen a wave of positive blockchain-related news. Today, Nanjing, the capital of China's Jiangsu province, launched a $1.48 billion blockchain investment fund to foster the development of the token economy and public blockchain projects, as well as the country's three major telecoms operators launching a blockchain research group A positive view of blockchain with more circumspection towards cryptocurrencies was shared by the G20's Finance Ministers & Central Bank Governors (FATF) group at a meeting this weekend. FATF postponed making hasty regulatory recommendations for crypto assets until October, after earlier suggestions that it would move to advocate "very specific" measures for the emerging sphere.


Bitcoin Holds the Week's Major Gains as Other Altcoins Struggle

Jul 20th, 2018

July 20: Bitcoin (BTC) has split off from other top cryptocurrencies and shows markedly more resilience in holding on to gains secured in the major upswing that kicked off earlier this week. Market visualization from Coin360 As Coin360 data shows, the top coin is an island of green, while most major alts are struggling to maintain positive momentum. Bitcoin (BTC) is trading around $7,398, up a fraction of a percent over the 24 hour period to press time. The leading cryptocurrency has been trading sideways as of early trading hours July 18, following an impressive uptick on July 16 that accelerated yet further July 17. Bitcoin's weekly and monthly gains are in positive territory, at about half a percent and 20 percent respectively, according to CoinMarketCap data. Reflecting on Bitcoin's strong rally this week, Arthur Hayes, CEO of crypto exchange BitMEX, said today that the current bull run may yet give way to test a price point of $5,000 before heading to $50,000 in 2018. Bitcoin 7-day price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH)'s price performance has been less buoyant, with the top altcoin trading around $453 to press time, down 2.6 percent on the day. After soaring as high as $510 on July 18, the asset began Visit website open_in_new

Market share 0.00%
Proof type PoS
24h Open $0.03
24h Low $0.03
24h High $0.03
Price in BTC 0.00000887036631 BTC
Current Supply 25,927,069,696 ADA
Total Supply 2,147,483,648 ADA
Market cap $786,368,064
24h Volume (coin) 2,773,847 ADA
24h Volume (currency) $84,186
Last updated 2018-12-13 04:43:57 +00:00 GMT
ID Market Type Price Quantity Total
Date Price Volume