The total crypto increased by $5.3 billion to $177 billion since . The op ten currencies are all in green for the 24-hour period with Coin () leading the pack with 4.4 percent gains. At the time of writing () is at $5,226 on the Bitfinex daily chart, while ether () stands at $166.8 and ’s dropped to $0.324.
BTC/USD
bitcoin started the new week with a drop to $5,040 on the Bitfinex daily chart on . The 2.9 percent drop put the pair under serious pressure and dangerously close to the important level of $5,000. A breach below that mark would mean bulls had lost their momentum.
On April 16, the most popular cryptocurrency moved up to $5,240 and is back on track chasing the $5,600 to $5,660 levels. The coin successfully rebounded from price marks near $5,000 as predicted on the previous report from .
ETH/USD
At the same time, the token lost 3.4 percent of its value during the previous week and entered Monday in a bad position. It formed a red candle, which pushed the price down to $160 or 5.3 percent lower.
The pair found its short term support at $160, however, and managed to climb back up to $167 on April 16 after gaining 4.3 percent during the trading session.
decided to the bitcoin Satoshi’s Vision () coin. According to the official blog from April 15, the Maltese exchange will “cease trading on all trading pairs for the following coin on 2019/04/22 at 10:00 AM UTC.”
The move is directly related to the recent Twitter between Binance founder and CEO Changpeng Zhao (CZ) and bitcoin SV creator Craig S. Wright, who continues to claim that he is the legendary creator of bitcoin – . Unable to prove so, Wright continuously attacked and threatened social media platform users, which brought the attention of CZ.
On the same day, Erik Voorhees, CEO of exchange that his company would follow Binance and remove the bitcoin Cash fork, while decided to continue trading BCHSV.
bitcoin SV lost 26 percent of its value in the 24h period after the announcement and opened trading on April 16 at $54.
In the meantime, the crypto derivative platform is looking to introduce new types of services for its . Arthur Hayes, founder of the exchange and former Citigroup bank trader, shared his thoughts in an with on . According to Hayes, BTC-backed financial products like options and short term bonds will be a good addition to the current portfolio and his team will be actively working on that in the next 12 to 18 months.
The social trading platform eToro officially its regulated cryptocurrency exchange on April 16. The Israeli-based company will offer support for six cryptocurrencies including bitcoin (BTC), ether (ETH), XRP, litecoin (), bitcoin cash () and dash (). Users will be able to trade them against eight fiat-based stablecoins.
On March 3, 2019, the company its operations to the United States and opened cryptocurrency trading services in 31 states via their official platform.
Like BTCMANAGER? Send us a tip!
Our Address: 3AbQrAyRsdM5NX5BQh8qWYePEpGjCYLCy4
Published at Wed, 17 Apr 2019 13:10:49 +0000
