Ripple Technical Analysis (XRP/USD) : Count and Measure [08.20.2018] Zec Chart Usd

Ripple Technical Analysis (XRP/USD) : Count and Measure [08.20.2018]

JP Morgan CIO: ‘Blockchain application more important than tech itself’

Bobby Lee: BTC will “pass $60,000 milestone” in coming years

900 Zec Chart Usd ,900

World Bank raises $80m on first Ethereum blockchain bond

Crypto Top 10s (August 22nd, 2018): BitMEX problems and Bitcoin spike leaves traders calling foul; Top 10 up

Here’s a look at the performance of the Top 10 cryptocurrencies – by 24h trading volume – on the

chart, as well as winners and losers across the board.

The Top 10, as of 1.15pm (UTC+1) August 22nd, 2018 looked like this…

The last 24hrs has seen some frenzied action in the cryptocurrency markets, including a short squeeze on the Bitcoin markets that resulted in a sharp spike in its price at around 3am (GMT+1 – 10pm EST). While this pushed the price much higher in a short space of time, BTC has held much of its added value since then – with other coins in the Top 10 following similar trajectories in terms of price. 

Bitcoin saw increased trading volume in the last 24hrs compared to the previous period – up to $2bn from $1.8bn. Indeed, all of the top four ranked coins saw an increase. The total market cap of all cryptocurrencies is up $6bn today compared to yesterday, now sitting at $216bn, according to CoinMarketCap.

All but one of the Top 10 most-traded cryptos have seen their prices rise over the last 24hrs. Though none managed to increase in value by 5%, five of the 10 managed an increase of 3% or more.

Today, the 10th placed coin registered a total volume of around $69m, that is up around $4m dollars on what would have been required to make the chart.

Bitcoin accounts for 53% of that current total at the time of writing, exactly the same proportion as yesterday – compared to a recent high of 54.5% and a low around 33% in early 2018.

(BTC) over the past week or so – since it recovered from a fairly severe drop off in value on the 14th, in fact – finally found some kind of release last night when the much-vaunted short squeeze many had been predicting materialised.

Of course, this being the cryptocurrency markets, things are never quite as straightforward as they initially appear. However, to say no-one saw the move coming, or what would generally be seen to have precipitated it, would be a lie.

Massive Bitcoin short squeeze to coincide with BitMex downtime tomorrow?

And, exactly as that Tweeter predicted, the virtually the minute that the infamous, high-leverage trading site BitMEX went offline for long-anticipated server maintenance,

. By the time its servers came back online, quite a lot of traders

lightning +7% breakout during Bitmex’s downtime shows why odds of SEC approving the CBOE bitcoin ETF proposal should be close to zero. Even if no manipulation (that’s debatable) this stresses the importance of Bitmex, a fully unregulated market with 40% market share.

My View: the Bitmex Maintenance Pump (+7% on Bitfinex, +10% on Bitmex) did not represent a trend change but rather a coordinated move by X large market participants to profit from traders’ stops while 40% of worldwide bitcoin/USD liquidity was off grid.

Can you spot the downtime and the price move on this chart from Trading View? There isn’t a prize… unless you saw it coming in advance, that is…

Since that shift, Bitcoin has stayed relatively stable at its new price-point around $6,700 – as the market continues to hold its breath over the next ETF decision, expected imminently.

(ETH) spiked in a very similar timeframe on resumption of trading over at BitMEX, but with nowhere near the same ferocity as the hotly traded headline cryptocurrency. It ended up around 1.5% up on the day and still below that all-important $300 threshold, but with nowhere near the same ferocity as the hotly traded headline cryptocurrency. It ended up around 1.5% up on the day and still below that all-important $300 threshold Zec Chart Usd

(XRP) all managed a boost of around 3% – but it was 

(EOS) that was once again the most impressive performer in the Top 10.

(ONT) move into the Top 10 today, on the back of renewed interest. However, Ontology – despite an impressive week that has seen its mainnet launched and a new partnership with Health-related ICO Allive – is the only member of the Top 10 to drop in value over 24hrs, having given back about 4% in total on the back of a week of impressive gains.

Ontology Cooperation with Healthcare Public Chain ALLIVE to Create Smart Healthcare Ecosystem

Moving out of the Top 10 to make way for that pair are

(QTUM), which drop back to 11th and 12th most-traded, respectively.

(EOS) took back most of what it had lost while becoming the biggest mover in the Top 10 in making a 4%+ move.

Here are Top 10 gainers in terms of price over the last 24hrs…

WeChat freezes several blockchain websites in China overnight

JP Morgan CIO: ‘Blockchain application more important than tech itself’

Bobby Lee: BTC will “pass $60,000 milestone” in coming years

Overnight trading sees Bitcoin price jump above $6,900

World Bank raises $80m on first Ethereum blockchain bond

Crypto Top 10s (August 22nd, 2018): BitMEX problems and Bitcoin spike leaves traders calling foul; Top 10 up

What it takes to work for John McAfee: no salary, living at his house, no day off

DASH masternode owner alleges serious financial issues, initiates vote to depose CEO

US authorities reject nine Bitcoin ETF plans in one fell swoop

Bitcoin price falls back down, more falls likely after major US ruling

Review: Opera for Android Cryptocurrency Wallet (Beta)

EOS’ CTO has thoughts about Ethereum’s update plans

Three quarters of Chief Security Officers ‘stockpiling crypto to pay off hackers’

Bitcoin ETFs ‘just another speculation’ doing nothing to help crypto adoption?

How blockchain is primed to change the transport industry

Omnitude announces global expansion with opening of US operation

Iris.ai launches global grant competition worth €100,000 for tech enthusiasts

Blockchain Energy Platform Company Energi Mine Partners with Hotel Cappuccino

Zec Chart Usd

Stay up-to-date with our CryptoNewsReview weekly roundup. Sign up to our newsletter below