Crypto market daily report – June 11, 2019

Crypto market daily report – June 17, 2019

The cryptocurrency markets continued their bullish tendencies on Monday with several of the major coins keeping their positions over the weekend. SegWitCoin (BTC) continued holding its own at $9,100 mark and was trading at around $9,120 at press time on Monday. Ethereum (ETH) also held on to its level at just under the $270 mark but appeared bullish at this level.

Bitcoin SV (BSV) was stable at the $212 level with very strong support. Ripple (XRP) was also in positive territory and was up by around 6% to the $0.43 level, whilst EOS remained just above the $7 mark with more bullish anticipation in this territory. Litecoin (LTC) was slightly down at around $135 after having reached the $138 mark over the weekend or a decline of around 2%.

Other larger market cap coins had mixed fortunes with Cardano (ADA) stable at just above the $0.09 level, whilst Stellar Lumens (XLM) was down by around 1% to just under the $0.13 mark. NEO continued rising, albeit minimally to around the $14.50 mark and also appeared bullish at this level. IOTA however went in the opposite direction and was down by around 4% to the $0.436 mark as selling pressure hit the market. BCHABC was down by around 1.6% to the $430 mark after having risen considerably over the weekend.

Coins with smaller market caps continued to stabilize their position with most of them showing considerable resistance. BAT was up by around 7% to the $0.35 mark, whilst ZEC remained stable at the $94.50 level after having risen by well over 10% over the weekend. HOT and QTUM were in positive territory by 5 and 3% respectively, whilst FTM began regaining some of its past losses with a rise of 5% to the $0.027 mark.

ZIL was another considerable climber and was up by no less than 13% to the $0.026 mark. Ethereum Classic (ETC) was slightly down by around 1.4% to the $8.70 mark.

Crypto market daily report – June 3, 2019

Crypto market daily report – June 14, 2019

After posting considerable gains on Thursday, the cryptocurrency markets retreated slightly Friday. SegWitCoin BTC was up by around 2% to the $8,200 mark. Ethereum (ETH) retreated slightly by around 1.5% from its gains on Thursday and was trading at around $254 at press time after having reached the $260 mark during the last 24 hours.

Bitcoin SV (BSV) posted an impressive 10% increase and reached the $210 level over the past 48 hours before dropping to $205—still a rise of 7%, making it the best performing currency over the past 24 hours.

Other cryptocurrencies with larger market caps demonstrate mixed fortunes. Litecoin (LTC) continued to decline and fell below the $130 level at press time or a 5% decline to trade at around $128. Ripple (XRP) was also disappointingly stagnant and declined by around 1% to just below the $0.40 level and was trading at around $0.3975 on Friday.

EOS was down by a similar 1.5% to the $6.40 level, whilst BCHABC was the only other coin which seemed to buck the trend and was up by around 2% to the $408 level after having reached the $418 mark on Thursday. Cardano (ADA) was down by 3% to the $0.0898 level, whilst NEO was minutely up by around 1.5% to the $13.04 level. Stellar Lumens (XLM) was correspondently down by around 2% to the $0.124 level. IOTA remained stable at the $0.432 level.

Cryptocurrencies with smaller market caps exhibited mixed fortunes but the star performer of the past 24 hours was undoubtedly LINK which rose by an astonishing 65% to the $1.80 mark over Thursday before dropping to the $1.60 level at press time on Friday. Binance Coin (BNB) exhibited a steep decline to the $33.30 mark or a drop of 6% after it had risen to just under the $36 mark on Thursday. Most other coins such as BTT, TROn and ATOM were also in decline.

Crypto market daily report – June 3, 2019

Crypto market daily report – June 13, 2019

The positive streak continues for cryptocurrency markets over the past 24 hours, with majority of the top coins rising by considerable margins. SegWitCoin BTC sailed past the $8,000 mark and even touched the $8,200 level before retreating slightly to below the $8,100 mark at press time on Thursday.

Another riser was Litecoin (LTC), which pared back some of its gains after having reached the $140 mark on Wednesday. It settled at just around the $134 mark on Thursday, or a retreat of around 3%. Ethereum (ETH) also made a strong comeback and was trading at just under the $260 mark at press time, or an increase of 5% overall.

Bitcoin SV (BSV) also retained the $190 mark on Thursday and looked quite strong in that area with a push for the $200 level not entirely unexpected. The coin was trading at the $191 mark on Thursday, an increase of 2%.

Other Top 10 coins by market cap had somewhat mixed fortunes with Ripple (XRP) and EOS rising by 3% each, whilst Stellar (XLM) also up by around 2% to the $0.125 level. NEO continued its impressive progress with an increase of around 5% to the $12.90 level, whilst IOTA posted a more conservative 1% gain to touch the $0.43 mark. Cardano (ADA) continued its positive movement and was up by 4% to the $0.091 level.

Cryptocurrencies with smaller market caps also showed excellent progress with ZEC leading the way on the back of a 7% rise to the $87 mark. LINK recovered some of its recent drops with an increase of 3% to the $1.13 level, whilst Ethereum Classic (ETC) continued posting good gains with a 4% rise to the $8.56 mark. However, by far the biggest gainer of the past 24 hours was MITH, which rose by an astonishing 31% to the $0.066 level. BTT and TRON also posted considerable gains of 8% and 6% respectively.

Crypto market daily report – April 16, 2019

Crypto market daily report – June 12, 2019

Most of the top coins continued to show improvements on Wednesday, with several rising by considerable margins. Leading the charge was Litecoin (LTC), which posted an 8% increase to the $138 level—another yearly high as interest in the coin increased in anticipation of the much-publicised split. SegWitCoin BTC was up by around 2% and was trading at the $7,900 level at press time, appearing to make another charge towards the $8,000 mark.

Bitcoin SV (BSV) was stable at around the $185 mark although there were signs of strong support at that level with a push towards the $200 mark not entirely unexpected.

Ripple (XRP) was disappointing, settling at just above the $0.39 level, whilst EOS appeared static at the $6.30 level. Cardano (ADA) showed impressive gains and was up by no less than 6% to just under the $0.09 mark, whilst NEO also had a positive streak with an increase of around 2% to the $12.30 level. Stellar (XLM) regained the $0.12 level after having briefly dropped below that psychologically significant mark on Tuesday on the back of a 5% rise. IOTA was also up by around 2% to the $0.43 level, whilst BCHABC remained static at the $390 level with very little movement either way.

Smaller market cap coins also saw some positive movement with TRON rising by around 2% to the $0.03 mark. CELR, ONT and ETC were also in positive territory with the former rising by no less than 9% to just over the $0.02 mark. FET also saw some positive movement where it rose by 4% to the $0.24 level, whilst Binance Coin (BNB) was another positive mover where it rose by around 5% to the $33.40 level. However, other listings on Binance such as FTM and MATIC saw considerable losses with the former dropping by over 16%.

Crypto market daily report – June 11, 2019

Crypto market daily report – June 11, 2019

It’s a stable Tuesday morning for the cryptocurrency markets, although the situation could go either way with most coins delicately balanced on a knife’s edge. SegWitCoin BTC was up by around 3% to the $7,900 level having reached the $8,000 mark on Monday; however, it fell back almost immediately although it held its own considerably well at that level. The star performer in the Top 10 was undoubtedly Litecoin (LTC), which rose by 10% to the $128 mark on the back of high turnover and also looked poised to continue gaining.

Bitcoin SV (BSV) began reversing some of its recent losses and was up by 3% to the $188 level looking primed to make an interesting charge for the $200 mark very shortly. Ethereum (ETH) was also up by around 3% to the $243 mark after having reached the $246 level on Monday. Ripple (XRP) was up by a minimal 1% to the $0.39 level, but it was still quite far off from its recent highs in the mid $0.40s.

NEO began paring back some of its recent gains with a 1% decrease to the $12.07 level, whilst Stellar Lumens (XLM) and IOTA posted some small gains, the former a miniscule 0.5% and the latter a more substantial 2% to the $0.42 mark.

Cryptocurrencies with smaller market caps also demonstrated some declines, but with notable exceptions including FET, which was up by 13%, and even more impressively, MITH which rose by an astonishing 29% to the $0.055 level. Cardano (ADA) posted a far more modest 2% increase to the $0.083 level, whilst ONE and ONT posted declines of 2 and 4% respectively. LINK regained some of the recent losses it made and was up by 6% to the $1.16 mark—still this is an almost 40% increase over a week since it launched its mainnet.

Crypto market daily report – June 11, 2019

Crypto market daily report – June 10, 2019

The cryptocurrency markets continued to slide over the weekend after a torrid last few days, and Monday morning was no different with few exceptions in the green. SegWitCoin BTC was down by around 3% and was trading at the $7,660 level, showing signs of weakness and a possible drop within the next few hours. Ethereum (ETH) also dropped by a similar margin after having been trading in the $240-$250 mark for several days—it dropped to around $234 at press time on Monday after having also descended to the $230 level at one point on Sunday.

Bitcoin SV (BSV) fell by a further 5% on Monday at press time, trading at around $182 although that was still a 300% increase from its low of $53 that was reached sometime in April. Litecoin (LTC) held on to its recent gains and showed signs of consolidation at the mid $110-$120 level where it was trading at the $116 mark at press time. Ripple (XRP) continued losing ground and descended by a further 5% on Monday where it traded at just below the $0.39 mark. EOS fell by a further 1% and was trading at just above the $6.20 mark on Monday, whilst Monero (XMR) was down by 1.5% to the $85 mark. Cardano (ADA) was also down by a similar percentage to the $0.081 level, whilst NEO was one of the few coins to show a positive increase where it rose by around 4% to the $12.20 level. Stellar Lumens (XLM) was barely holding on to the $0.12 level on the back of a 2% decrease.

Currencies with smaller market caps continued to have mixed fortunes with ONT perhaps demonstrating the biggest rise with an 11% gain, whilst IOTA was down by around 3% to just over the $0.40 level. Ethereum Classic (ETC) also dropped by around 2% to the $8.15 level, whilst ZEC, DASH and BCHABC remained relatively stable with decreases ranging from 1% to 2%.

ExchangeRates.Pro introduces new exchange comparison, crypto purchasing tool

ExchangeRates.Pro introduces new exchange comparison, crypto buying tool

A new service that allows cryptocurrency fans to check for the best rates when selling their assets is now available. ExchangeRates.Pro gives users an easy tool to find local buyers and trading platforms and offers support for a number of coins, including Bitcoin SV (BSV), SegWitCoin (BTC) and more.

According to a press release from the platform, “Designing the user-friendly, easy to understand interface is the company priority. The goal is to create a UI [user interface] that won’t confuse every ‘complete newbie to crypto.’ Most of the visitors will find the most suitable deals right after accessing the website or after entering the desired amount. At the same time, there are a lot of options to sort and filter the offers based on payment systems or bank (there are over 300 to choose from) preferences, KYC policy, rating, etc. It’s all up to the visitor – to pick an offer precisely based on a number of details or just take the one with the best rate, the highest rating, etc.”

Users can visit the ExchangeRates.Pro website, select their country and exchange criteria (fiat to BSV, for example) and receive a list of every source available to complete the transaction. From there, reviewing rankings, pricing and forms of payments, users are able to select the best option for their needs.

CoinGeek reached out to ExchangeRates.Pro for some additional details, and its founder, Anton Vereshchagin, offered some insight on what’s in the pipeline. Since the platform is relatively new, it is still building its support database. In certain cases, for example, BSV isn’t available everywhere and “the availability of BSV-to-fiat exchange depends on the country. At the moment, we have exchanges added that allow users to buy/sell BSV with fiat in Thailand, Russia and some other countries. But, in most of the countries, it’s only possible to exchange BSV.”

In the future, additional options will be added, such as the ability to sort or filter based on different criteria. Vereshchagin explains, “We plan to add cash payments with the possibility to look in specific areas in one of the coming updates; in a few weeks most likely.”

The platform was literally just released and has a “huge to-do list.” Vereshchagin acknowledges that there are many features that need to be added that are already in the works, but that he and his team are working hard to make improvements as quickly as possible.

Crypto market daily report – June 11, 2019

Crypto market daily report – June 7, 2019

The cryptocurrency markets experienced a slight recovery on Thursday evening and Friday morning, after a fairly negative 48-hour period. SegWitCoin (BTC) climbed up to the $7900 mark after having dropped to the $7500 level on Thursday.

The general consensus is that this is a dead cat bounce, and a further drop is expected over the next few hours if turnover levels are not sustained. Bitcoin SV (BSV) continued outperforming expectations, settling at around the $197 level after having ceded its earlier gains, when it reached a high of $229 at one point during the week.

Other cryptocurrencies with larger market caps also began a slight recovery with Ethereum up by around 1% to the $248 mark having dropped to as low as $237 on Thursday. The real star performer was Litecoin, which was up by no less than 8% to the $113 level on Friday morning at press time. Ripple was also on the recovery trail and traded at around the $0.425 level or a 5% increase. EOS performed a relatively minor recovery and was up by around 1% to the $6.40 mark after having dropped dangerously close to the $6 level on Thursday.

NEO and Stellar were relatively static at the $11.40 and $0.125 mark respectively, whilst IOTA regained some of its previous losses and was trading at the $0.425 level at press time. Cardano also regained some of its previous losses with an increase of around 2% to the $0.083 level.

Digital currencies with smaller market caps also experienced a slight revival with ZIL and LINK continuing their positive trend, the former with a 12% increase whilst the latter was up by 5% to the $1.18 mark.

BCHABC remained relatively stable at just under the $400 mark, after having lost considerably over the past 48 hours when it was down to the low $370’s. ONE gave up some of its recent gains and was down by around 4% to the $0.028 level whilst TRON also lost slightly on the back of a 2% decrease to the $0.0336 level. Binance Coin was down by around 1% to the $31.40 level after having even dipped below the $30 mark on Thursday.

Crypto market daily report – June 11, 2019

Crypto market daily report – June 5, 2019

The cryptocurrency markets continued to slide on Tuesday and Wednesday with most coins remaining well in the red after multiple drops over a 24-hour period. Bitcoin Core (BTC) was down by another 3% on Wednesday morning after experiencing drops of as much as 10% on Tuesday. It was trading at the $7,700 level, but further drops are expected throughout the day. Ethereum (ETH) was also down by around 6% having fallen to the $233 level on Tuesday—a drop of around 15% from Monday—but had recovered slightly to trade at the $240 mark at press time.

As in the past days, Bitcoin SV (BSV) continues its success story. The coin not only held on to its gains over the past days but was up by 4% overall at press time to the $224 mark, which is another high mark after having hit $227 a few days ago.

Litecoin (LTC) continued suffering some bearish pressure and was down by around 1% to the $101 level on Wednesday having dipped below that psychological mark on Tuesday afternoon. Another currency that continued to sink was EOS which was down by a further 6% at press time, trading at just above the $6.20 level—a 30% decrease from its 2019 high of well over $8 in recent days.

Other coins with large market caps also continued losing ground with XRP down 3% to below the $0.40 level, whilst both NEO and Stellar (XLM) lost around 3% to the $11.50 and $0.12 levels respectively. IOTA was down by a more conservative 3% to the $0.42 mark, whilst Binance Coin (BNB) also continued falling back to the sub $30 level or a drop of 2% to trade at $29.30 at press time. BCHABC was another coin which held its own and stopped its decline, trading at around $388 at press time.

Currencies with smaller market caps also continued to decline with Ethereum Classic (ETC) leading the way with a spectacular 12% decline where it traded at just over the $7.90 level at press time. There were some bright sparks however with CELR and LINK up by 15% and 14% respectively, whilst VET posted a more conservative 5% rise.

Crypto market daily report – June 11, 2019

Crypto market daily report – June 4, 2019

The cryptocurrency markets saw a general flash crash on Monday night and Tuesday morning as the vast majority of coins experienced double-digit losses with Bitcoin Core (BTC) dipping below the psychologically significant $8,000 mark, or an 8% loss. The only bright spot in this carnage was Bitcoin SV (BSV), which dropped by a meager 3% to retain the $217 level, and was actually up over a 48-hour period.

The same could not be said for other coins with larger market caps, including Ethereum (ETH) which was down by around 8% to the $245 level although here again the decline was not so pronounced. Another considerable loser was BCHABC, which was down by a spectacular 11% after having remained above the $420 level for most of Monday but slid to the low $390s on Tuesday morning at press time. Litecoin (LTC) also experienced a not inconsiderable 10% drop and was trading at the $102 level at press time. Ripple (XRP) also lost around 7% to the $0.41 level after having a relatively good Monday, although the coin could be poised for further losses as selling pressure hits the markets.

NEO also careened downwards by around 10% to just over the $12 mark and this currency seems to continue losing support at this level. Stellar (XLM) was also down by 10% to the $0.12 level, whilst EOS continued the downward trend established on Monday with a further 10% drop to the $6.70 level. Other coins such as DASH and ZEC were also down by around 8% each, whilst IOTA and ADA lost rather more heavily with both down by well over 11% each.

Coins with smaller market caps also experienced heavy losses with TRON down by 9% and BTT experiencing an even steeper 15% drop. Binance Coin (BNB) continued losing from its all time high and was down by a further 7% to below the $30 level, whilst Ethereum Classic (ETC) pared back some of its recent gains and traded at the $8.90 level at press time, or a 6% decrease.

BSV the biggest mover in May

BSV the biggest mover in May

The last month or so has been particularly interesting for cryptocurrency, with more movements registered than had been seen in almost a year. The upward climb recorded has gotten the speculation wheels turning in overdrive, with some people predicting a blowout is imminent. Of course, there are also those who assert that the increases are nothing more than a farce, with an impending bubble burst that will be louder than an F-16’s jets. Only time will tell which way the needle goes, but what we can say without a doubt is that, out of all of the jumps, Bitcoin SV (BSV), saw the biggest.

Bitcoin Core (BTC) is only tenth on the list of price improvements for May, according to data prepared by Messari.io. It registered an increase of 60% over 200 days. During the same period, BSV jumped a massive 231%. Depending on the source, the digital currency has been as high as $252 and still sits at $212.63 on CoinMarketCap. This, after hovering around $62 just about two weeks ago. Messari has it listed at $214.16.

Coincidentally, judging by the current information on Messari, BTC has dropped 2.96% in the past 24 hours. All of the top 15 coins are down at least 2%, with the exception of Ripple (XRP), which is down just 0.20%. That is, except for BSB, which continues to climb and is up 9.76%.

BSV is now number 8 among the top coins on both Messari and CoinMarketCap. Another crypto analytics firm, Longhash, indicates that the coin has jumped 247%. At its lowest point, BSV traded at $53.22 and at its highest, recorded last week, $250. This marks a 360% overall increase.

At the beginning of May, BSV recorded a drop in the number of unique addresses seen daily on the blockchain. There were 6.679 unique addresses on May 1, according to BitInfocharts, which was a huge decline from the 14,100 seen just a day before. However, as of May 31, the number was up to 15,978, resulting in Longhash stating, “Comparing these figures seems to indicate that Bitcoin SV has not only recovered from its dip at the start of the month, but also increased its pool of active addresses.”

BSV is the only cryptocurrency that has not wavered from the original design of Bitcoin. It is also the only crypto to recognize that the original Bitcoin white paper was more than accurate with its details on how to develop a digital currency, including in its scaling capabilities. While all other projects have seen their developers toying with the code to suit their own goals, BSV remains true to Bitcoin and its tenets.

Crypto market daily report – June 3, 2019

Crypto market daily report – June 3, 2019

The cryptocurrency markets continued in a stable mode over the weekend with most currencies settling at their Friday levels. Bitcoin Core (BTC) was down by around 1% to the $8,550 mark, although it had reached the $8,700 mark on Sunday at one point. Ethereum (ETH) was also down by around $0.6%, which was quite negligible, and was trading at around the $266 mark on Monday. One cryptocurrency which seemed to buck the trend was Ripple (XRP), which was up by around 5% to the $0.45 level and appeared to be poised for further gains due to an intriguing bullish triangle.

Bitcoin SV (BSV) was another coin that produced some spectacular gains, and in fact was up by no less than 17% to the $217 level at press time, indicating that there was further room for BSV to continue growing.

Litecoin (LTC) was flat at around the $114 level with a 1% increase. EOS was down by around 5% to the $7.40 level after having dropped considerably on Sunday where it had even reached the $8.50 level at one point. Cardano (ADA) was stable at around the $0.09 level after having increased considerably over the weekend, whilst NEO retreated to the $13.44 mark on the back of a 3% decrease. Stellar Lumens (XLM) was slightly up to the $0.136 level, whilst IOTA remained stable at the $0.48 level.

Cryptocurrencies with smaller market caps also saw some increases with Ethereum Classic (ETC) one of the largest gainers where it rose by no less than 10% to the $9.40 level—another 2019 high. ICX was also up by 5% to the $0.41 level, whilst ATOM was up by a considerable 6% to the $6.36 level. Other coins such as ICX and BTT went in opposite directions, with the former rising by 5% and the latter dropping by around 6%. After its record performances over the past month, Binance Coin (BNB) continued dropping and was down by around 3% to just under the $32 mark.