Hey, fellow Steemians and Crypto Lovers!
I am bringing some more content to the table regarding Cryptocurrencies, I am hoping to provide you with a daily overview of the Markets and just a brief explanation of whats going on, I hope it brings you value and some understanding, maybe I might flag something important or helpful for you.
FEEDBACK IS WELCOMED
Please let me know what you guys think and anything I can improve on too, of course, there is always room for improvement 😉
So let's start with the Coin Market Capitalization, yesterday was a positive day for Bitcoin and the Cryptosphere after what felt like the longest Free Fall it finally hit support and we can slowly see it stabilizing, I use this term loosely. After the markets turned around we also saw a lot of positive news sparking on the internet. The Market is sitting at 400 Billion on Coin Market Cap, 30 Billion more than yesterdays spike. Great news for people who got in on the lows.
TOP GAINERS AND LOSERS
I like to show you the Top 8 Gainers and Losers because it is routine for me to check these and find out how good or bad coins are doing in the Market, you might also like to do the same so why don't I save you the hassle and do it for you 👌
Below we see the Top 8 Coins who gained over 30-300% in the last 24 hours, here is the direct link to check out the WINNER and the rest you can find on Coin Market Caps website. Even Donald Trump was winning this day, coming in second place, which was possibly from the New Coin Leadership announcement?
And here is the TOP 8 Losers who all lost more than 20% in the last 24 hours, there are only 7 losers today here is the direct link to check out the BIGGEST LOSER and the rest you can find on Coin Market Caps Website.
You can see from all of my recent posts DavorCoin has been on the Losers board constantly this week. Turns out Davor is a lending Platform which is just another word for Ponzi Scheme. I really do hate using that phrase but please stay away from Lending Platforms with risk-free investments. I just hope people have withdrawn their money quickly out of the Platform.
TOP 30 COINS
The same story as yesterday, after such a spike in the Market we do see an overall balance with some coins sitting in red and green. Not much more to report on the Top 30. If you have anything to add please feel free to do so below.
POSITIVE NEWS IN THE CRYPTOWORLD
LARGEST SINGLE BITCOIN DONATION IN FEDERAL ELECTION HISTORY - Bitcoin was a source of payment for several political campaign donations - According to ABCnews. Bitcoin could be the new contribution method to political campaigns and BitPay also clarified they have supported several Bitcoin contribution operations so far. Although BitPay is down at the moment they plan to accept Bitcoin donations again as soon as BitPay is back online and now it looks like members of Congress want to get involved too. Source
"When Howard Dean first accepted credit cards online to fundraise for his campaign, people were skeptical. Four years later, Barack Obama broke fundraising records using the same technology," Forde said. "Bitcoin, and its underlying technology, blockchain, is often described as 'the next internet.' We're proud to join hundreds of thousands of people and companies around the world that accept bitcoin."
DEUTSCHLAND WELCOMES BLOCKCHAIN INDUSTRY -Lobby Group Blockchain Bundesverband discussed the legal framework and highlighted what we are all hearing from many others as a positive future for Blockchain Technology, the group described it as positive and how the government “welcomes the Blockchain Industry” Although they did highlight that it's a long way from success in terms of regulation. Source
“Only the experiences that arise from those sandboxes can point to future regulatory needs. Without space, new ideas are being solved with old tools. The results will not be useful, neither for innovators nor for regulators.”
Hope you've enjoyed reading today's Daily Crypto News
As always I appreciate your Votes and follows
Lauren xx
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