Bitcoin may have shed 80 percent of its value in the last 12 months, but crypto exchanges had their best year yet. Coinbase, the biggest exchange in the U.S, experienced a 21 percent increase in 2018, with the first quarter of the year being the most successful. However, the volume on some crypto exchanges dipped significantly, mirroring the price dip. On Binance however, the number of trades has soared towards the end of the year.
The report, which was released by research firm Diar, also revealed the steadily increasing Bitcoin dominance.
As the week rolls along, the overall cryptocurrency and digital asset market momentum seems to be picking up a bit. Yesterday evening showed some positive trends which are being continued during the early hours of today. For XRP, its value is holding its own quite well in both USD and BTC value alike. There is even a minor gain to push the price slightly higher.
XRP Price Increase Continues
No one should expect any major changes affecting the cryptocurrency and digital asset markets right now.
The cryptocurrency industry is subject to a lot of attention by criminals and hackers. This has caused many problems in the past, yet also affects present proceedings. The latest victim in this regard is Cryptopia, one of the more prominent altcoin exchanges. After a recent incident, the team confirmed someone accessed specific information and funds without authorization.
The Mysterious Cryptopia Incident
Over the past ten years, numerous Bitcoin exchanges and trading platforms have been infiltrated by criminals and hackers.
When looking at the overall cryptocurrency market, it is evident most altcoins and tokens require positive Bitcoin price momentum to achieve an uptrend. Unfortunately, the world’s leading cryptocurrency hasn’t done great in this regard. Traders are not too certain what to make of the market, although a potential short-term price increase seems plausible at this stage.
Uncertain Bitcoin Price Momentum Remains
After the most recent market dip, traders and speculators have become even more wary of Bitcoin than before.
When it comes to analyzing the cryptocurrency market trends, most people look toward Dogecoin for any real overall indicators. So far, it seems the meme currency of the internet is struggling to note any real gains in either USD or BTC value. While its value tends to remain stable first and foremost, investors and speculators are hoping for some positive price action. When that will materialize, remains to be determined.
More Sideways Action for the Dogecoin Price
Even though all of the top cryptocurrency markets have shown some positive momentum, not all altcoins are following this pattern whatsoever.
Another day dawns upon the cryptocurrency industry. While most markets are moving up slowly, the number of arbitrage opportunities continues to increase accordingly. A lot of good money can be made today by flipping the following altcoins between the associated exchanges. Depending on how all markets evolve, there will be further gains waiting on the horizon.
Ethereum (Gate / KuCoin / EXMO)
A fair few price differences can be noted where Ethereum is concerned.
The cryptocurrency industry has always been targeted by criminals and hackers. This new form of money can be moved around the world without too much friction, which makes for an appealing opportunity. It now seems a new Electrum wallet is making the rounds on GitHub, albeit one that has nothing to do with the official cryptocurrency project. As such, users are advised to tread with caution.
Another Fake Cryptocurrency Wallet
Most cryptocurrency enthusiasts and veterans will know not every type of software on the internet can be trusted.
It has been brewing for some time now, but there is finally some positive cryptocurrency market momentum to take note of. Such an uptrend might not last long this time around either, thus one has to enjoy it while it does. In the case of Ethereum, double-digit percentage gains can be noted already, indicating the popular token might overtake XRP in terms of market cap once again.
Ethereum Price Momentum Picks up
Many people have speculated there would be an Ethereum price bull run prior to the upcoming Constantinople hard fork.
At press time, the father of crypto is still trading in the $3,600 range, suggesting there’s been little change over the past week. Bitcoin has developed comfort in its present position, which is annoying (and disheartening) to the rest of us.
At the same time, however, the currency did attempt to break present resistance early this morning by moving (albeit briefly) past the $3,700 mark.
Not without an ample dose of skepticism, 2018 can indeed be referred to as the year of the stablecoin. Amid total backlash against Tether, and yet high demand for stable cryptocurrency as a means of settlement, a growing cohort of stable coin solutions were rolled out to the market.
As the bearish pressure remains prevalent in the cryptocurrency industry, this new week isn’t off to the best of starts. All top markets are still deep in the red, although the XRP price continues to note smaller deficits compared to both Bitcoin and Ethereum. Although this price momentum is rather promising, establishing an actual uptrend remains one of the bigger problems to date.
What Comes Next for the XRP Price?
If anyone could accurately predict future movements of any digital asset or cryptocurrency, they would literally make millions of dollars per day.
None of the top cryptocurrency and digital asset markets have shown any sign of recovering recently lost value. That isn’t necessarily surprising either, as the bearish pressure has made a lot of traders twitchy first and foremost. For the XRP price, it seems things are still going according to plan. Its market cap lead over Ethereum remains in place, primarily because the asset slowly recoups some losses.
More of the Same XRP Price Momentum
Even though there is plenty of price action among cryptocurrencies and digital assets, one would expect there to be some form of excitement.
There is still a lot of uneasy momentum across the cryptocurrency markets as of right now. Most of the top markets remain down, even though some of them have shown some signs of recovery along the way. Bitcoin SV, for example, is effectively gaining some value whereas the rest of the markets remain in a sort of deadlock. That in itself is rather interesting to take note of, although this may be a sign of how other markets will evolve.
Bitcoin SV Price Run is Interesting
Although a lot of cryptocurrency users expected the Bitcoin SV excitement to quiet down now that Bitcoin Cash has clearly proven to be superior in terms of market cap, the reality is often very different.
A lot of eyes are still on the top cryptocurrencies and digital assets ranked by market cap. It would appear none of these markets will budge much unless Bitcoin goes through a major bull run. Even though Ethereum is slated to undergo a big network upgrade soon, most traders are not even excited for it, by the look of things. As such, the value per ETH remains relatively low, but that is to be expected over the weekend.
Ethereum Price Slump Continues
It is always interesting to see how cryptocurrency markets tend to evolve when the going gets tough.
It becomes increasingly difficult to make sense of the current cryptocurrency and digital asset market momentum. Whereas Bitcoin is still trying to find some grip, it seems the XRP price is already blazing ahead. The current small gains show there is room for improvements, although it will be difficult to ensure major changes occur. Even so, the current signs are somewhat promising from a short-term point of view.
XRP Price is Inching Upward
During this weekend, the main focus may very well lie with minor gains, rather than spectacular pump-and-dumps.
At press time, the father of cryptocurrency is still trapped in the $3,600 range. Following a near two-week period of meandering about at $4,000, bitcoin is still struggling to regain traction in the crypto market.
Interestingly, the Federal Reserve Bank of St. Louis has released an argument that seemingly blames altcoins for bitcoin’s latest demise.
Based on this weekend’s cryptocurrency momentum, the coming days and weeks may prove to get quite interesting after all. Despite some medium-sized setbacks on late Friday and throughout most of Saturday, it seems the situation is improving gradually. For the Stellar price, things, are looking quite good right now following some much-needed gains across the board.
A Healthy Stellar Price Jump
After another rough start to the year, it seems the cryptocurrency and digital asset markets may finally go through some positive momentum next week.
China has always been a very interesting region to keep an eye on when it comes to cryptocurrency. Unfortunately, that is not always for the right reasons either, which is what makes every bit of news a double-edged blade. In the latest “publicity stunt” Chinese officials are now looking for ways to deanonymize cryptocurrency and blockchain service users.
China Still Dislikes Cryptocurrency
Over the past few years, it has become increasingly apparent China has no real love lost for cryptocurrencies.
As is usually the case in the cryptocurrency world, plenty of people are waiting for a healthy price increase. It remains to be seen if and when such a trend will materialize, as weekends are never indicative of future price momentum for any market. As far as the Dogecoin price is concerned, it would appear some minor positive momentum has been brewing all day long.
Dogecoin Price Prepares for a Run
It is always intriguing to see how weekend trading affects individual cryptocurrency and digital asset markets.
It has become apparent this Sunday will not necessarily signal the beginning of a major crypto market rebound. That is unfortunate, primarily because things were looking somewhat promising earlier today. The Ethereum price is getting a massive beating once again as its value has dropped below $120 again. In BTC value, the losses are smaller but still significant.
Another Ethereum Price dip Rears is Head
For those traders and speculators who had high hopes for early 2019, it seems those expectations will need to be readjusted sooner rather than later.
Кто знает подойдет ли этот кошелек для постоянного приема в сатоши? Я просто майнить не решился, но написал несколько ботов для того, чтобы они собирали с кранов монеты. Я так понял, что это веб-кошел...