Thursday, April 11 — after a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time, as Bitcoin (BTC) corrects down close to the $5,100 mark. Market visualization courtesy of Coin360 Bitcoin is down close to 2.8% on the day, and is trading at around $5,106 by press time, according to CoinMarketCap. The top coin has seen a week of near-consistent growth, hitting an multi-month price high of over $5,420 yesterday, April 10. Today’s correction has brought Bitcoin’s weekly gains to around 3.3%. Bitcoin 7-day price chart. Source: CoinMarketCap The …
New exchange-traded products (ETPs) that track the value of XRP and Litecoin (LTC) are now available for trading on the Boerse Stuttgart-owned Swedish exchange Nordic Growth Market (NGM). The news was revealed in a press release shared with Cointelegraph on April 4. Boerse Stuttgart is Germany’s second-largest stock exchange, reporting trading volumes of 71.2 billion euros in 2018. Its wholly-owned subsidiary, NGM, is an authorized exchange with operations across Sweden, Norway, Denmark and Finland. The newly-listed products are available for European investors and are issued by XBT Provider, a CoinShares company that is domiciled in Sweden and has previously brought …
The peer-to-peer (p2p), over-the-counter (OTC) branch of Chinese cryptocurrency exchange Huobi has added support for Ripple (XRP). The company announced the news in a press release shared with Cointelegraph on March 6. XRP joins Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Eos (EOS) and Huobi Token (HT) in the list of assets supported by Huobi’s OTC trading platform. According to the company’s website, Huobi OTC aims to offer an exchange bridge between fiat currencies and digital assets. Specifically, the platform serves as an escrow to users who post buy or sell ads on the platform and then complete transactions exchanging crypto …
Coinbase Pro, the professional offering of United States-based crypto trading platform and wallet service Coinbase, is adding support for Ripple’s XRP token. Coinbase announced the development in an official blog post on Feb. 25. Per the announcement Coinbase Pro will now accept deposits of XRP for a minimum of 12 hours before enabling full trading. Coinbase notes that it will first establish sufficient liquidity on the platform, opening trading pairs in U.S. dollars, euro and Bitcoin (BTC) in phases. Full trading of XRP will be available to customers in the U.S., Canada, the European Union, the United Kingdom, Singapore and …
Feb. 1 — Markets are relatively quiet, as major coins are trading sideways, with most seeing small gains over the 24-hour period. Market visualization from Coin360 The top cryptocurrency Bitcoin (BTC) is hovering below the $3,500 mark, trading at $3,492 at press time. The coin is up by .71 percent on the day and is still down by 2.85 percent on its weekly chart. Yesterday, the Chicago Board Options Exchange’s (CBOE) re-submitted its application with the United States Securities and Exchange Commission (SEC) to list a Bitcoin exchange-traded fund (ETF). CBOE had initially withdrawn its request, as the U.S. government …
Ryan Selkis, the CEO of cryptocurrency analytics firm Messari, has allegedly received threats after his company published a critical analysis of Ripple (XRP) cryptocurrency. Selkis made this claim in a tweet posted on Jan. 24. Research firm Messari published a report on Jan. 24, claiming that the market capitalization of XRP is likely overvalued by $6.1 billion. The company reportedly based its analysis on data from cryptocurrency exchanges and third party cryptocurrency data services. Following the publication, the CEO and founder of Messari, Ryan Selkis, posted a tweet alleging that he received a threatening call from an anonymous caller: “Someone …
The market capitalization of distributed ledger tech company Ripple’s XRP token could be overvalued by as much as $6 billion, according to a recent report from crypto analytics firm Messari. Ahead of Ripple’s Q4 2018 report, Messari researched the “health and legitimacy” of the XRP’s market capitalization using data from cryptocurrency exchanges and third party cryptocurrency data services. The report states that XRP’s liquid circulating supply could be overestimated by 48 percent, putting the “actual” market cap at $6.9 billion instead of the $13 billion currently reported on CoinMarketCap. Messari states that: “In addition to the 59 billion XRP held …
Thursday, Jan. 24 — the top 20 cryptocurrencies are mostly trading sideways with slight losses and gains across the board. Bitcoin (BTC) is currently creeping above $3,600 according to data from CoinMarketCap. Market visualization from Coin360 At press time, Bitcoin is continuing to trade around the $3,600 threshold as it did yesterday. The current price is $3,610, up 0.65 percent on the day. On its weekly chart, Bitcoin is down 1.4 percent from $3,670 on Jan. 17. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) is seeing minor gains on the day, up nearly half a percent at press time …
Despite the downturn that shackled the crypto markets in 2018, there is a renewed sense of optimism, as some experts believe the crypto market could fare better in 2019. Canadian-based CoinField plans to make crypto trading more accessible and cheaper for investors — irrespective of where they live — so they can take advantage of when crypto prices go green. The exchange intends to become one of the largest trading platforms for cryptocurrencies. It is already available in 101 countries and the team plans to expand the service to more regions in 2019, including the United States. World-class trading dashboard …
Crypto and blockchain company Ripple has reported today, Jan. 8, that 13 new financial institutions have signed up for the RippleNet payment network, bringing the total number of customers over 200. The new institutions range from locations including Sweden, England and Kuwait, with 40 countries in total across all customers. Ripple’s blog post notes that five of the new additions — JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank — will use Ripple’s digital asset, XRP, for liquidity when sending customer cross-border payments. Other institutions new to RippleNet, like the named CIMB or Olympia Trust Company, will use Ripple technology …
Wednesday, Dec. 26 — crypto markets are tentatively recovering after hefty losses hit all major cryptocurrencies yesterday on Christmas Day. All of the top 10 coins by market cap are seeing mild losses or gains of within a three percent range both red and green, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) has seen negligible price change over the 24 hours before press time, and is currently trading around $3,804. After a steep price dip yesterday, the coin is stemming further losses and is holding at a price change close to the start of its weekly …
A Singapore-based digital assets exchange wants to take on larger rivals and to offer a new way of operating with users by “putting customers first from day one” and giving back to the users. It says the team has been constantly enhancing security, tuning the user interface, and building localized and professional customer support teams. Describing itself as a project which is not just an exchange but rather a "community” as well as a “one-stop solution” for investors, Bitrue was launched with the goal of becoming the most intuitive and secure crypto platform. Apart from trading services, it offers asset …