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Crypto Volatility Continues as Bitcoin Remains in $4,000 Range

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© Reuters.  © Reuters.

Ninomag.com – Cryptocurrencies were lower on Tuesday, with Bitcoin struggling to get out of the $4,000 range.

Bitcoin fell 0.85% to $4,009.40 on the Ninomag.com Index, as of 9:06 AM ET (14:06 GMT).

Digital coins have fallen dramatically in recent weeks, with Bitcoin trading at 80% less than its value a year ago. News of regulatory scrutiny and a hard fork in Bitcoin cash are some of the reasons analysts have said volatility has returned to the market.

Cryptocurrencies overall were slightly lower, with the total coin market capitalization at $129 billion at the time of writing, compared to $130 on Monday.

,or Ether, decreased 2.5% to $111.29 and was at $31.83, down 1%, while slumped nearly 2% to $0.35563.

Mati Greenspan, a senior market analyst at eToro, told Cointelegraph that Bitcoin and other cryptos are less volatile now than they were a year ago.

“Price action has a way of perpetuating and fear starts building up and then people say, it’s because of the hard fork, it’s because of the SEC, it’s because of Tether. All of those stories add to the fear. But really, what we’re seeing is a simple technical breakout to the downside and not a break of the crypto industry, which is very strong at the moment,” he said.

The fall in digital coins is due to technicals, and influencing investor sentiment, he added. Often Bitcoin sees a huge price increase, after which “you generally need to see a pullback,” he said.

In other news, the latest digital exchange ErisX raised $27.5 million from investors including Fidelity and Nasdaq ventures, Reuters reported. The exchange expected to trade , litecoin, ether and futures next year, pending regulatory approval.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Coinbase and the Awkwardness of Growing Up

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Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team.

The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here.

Coinbase’s recent announcement that it was considering another 31 tokens for listing was greeted with a potent mix of vindication, disappointment, query and speculation.

Continue Reading on CoinDesk

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Exchanges, Startups Pick Sides After the Bitcoin Cash ‘Hash War’

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The so-called “hash war” over the future of bitcoin cash is over – and what remains appears to be a persisting rivalry between the forces behind what are now two distinct cryptocurrencies.

Created in November when the blockchain underwent a controversial system-wide upgrade (also called a hard fork), there remains a segment of the bitcoin cash community that follows a new software protocol called Satoshi’s Vision, or BSV.

With the remaining community following a competing implementation of bitcoin cash called Bitcoin Adjustable Blocksize Cap, or ABC, the expectation shortly after the split was that one blockchain would quickly overtake the other.

Continue Reading on CoinDesk

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Cardano Dips Below 0.029270 Level, Down 4%

Nino Team

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Ninomag.com – fell bellow the $0.029270 level on Sunday. Cardano was trading at 0.029270 by 06:31 (11:31 GMT) on the Ninomag.com Index, down 4.28% on the day. It was the largest one-day percentage loss since December 1.

The move downwards pushed Cardano’s market cap down to $758.94302M, or 0.73% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.91700B.

Cardano had traded in a range of $0.028054 to $0.029414 in the previous twenty-four hours.

Over the past seven days, Cardano has seen a drop in value, as it lost 5.15%. The volume of Cardano traded in the twenty-four hours to time of writing was $9.51922M or 0.09% of the total volume of all cryptocurrencies. It has traded in a range of $0.0277 to $0.0318 in the past 7 days.

At its current price, Cardano is still down 97.83% from its all-time high of $1.35 set on January 4.

Elsewhere in cryptocurrency trading

was last at $3,277.1 on the Ninomag.com Index, up 1.70% on the day.

was trading at $0.29179 on the Ninomag.com Index, a gain of 1.37%.

Bitcoin’s market cap was last at $57.18460B or 54.89% of the total cryptocurrency market cap, while XRP’s market cap totaled $11.91524B or 11.44% of the total cryptocurrency market value.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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When There’s Blood in the Street (Why It’s Not Quite Time to Be Long Crypto)

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Timothy Enneking is the founder and the primary principal of Digital Capital Management, LLC (DCM).
——————-

Two members of the Rothschild family are credited, perhaps incorrectly, with the (in)famous quote regarding investing: “When there is blood in the street” (James in the mid-19th century and Nathan, after the battle of Waterloo).

The family has been one of the richest in the world for over 200 years, so there’s something to be said for following the advice of its members… In the crypto space, therefore, the question becomes, Is there enough blood in the streets now that it’s the time to buy? I would argue no. Or, more precisely, not quite yet.

Continue Reading on CoinDesk

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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Crypto is for Activists: Why We Need More Cypherpunks, Not Cypherposers

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Zach Harvey is the CEO of Lamassu, an early and active provider of cryptocurrency vending machines.

The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.

Continue Reading on CoinDesk

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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