CRYPTO MARKET UPDATE 9/12/2018
Bitcoin: $6,416.41
BCH: $439.00
Market Cap: $194,931,615,250
24 Hour Volume: $12,900,678,049
Bitcoin Dominance 56.8%
BitCoin Google Trend Ranking: +9(-2 from September 10)
Coin Popularity
Special Thanks to coingossip.club
LAST 24H BIGGEST GAINERS AND LOSERS
Biggest Winners
(WEB)WebChain 94.76% p:$0.043583
(APIS) APiS 70.48% p:$0.009237
(CCL) CYCLEAN 51.77% p:$0.024848
BIGGEST LOSERS
(GO) GoChain -21.99% $0.044634
(TIC) ThingsChain -18.81% $0.000337
(CRPT)Crypterium -12.81% $0.316571
UPCOMING TRAEDABLE EVENTS
16 Sept (PRIV) PRiVCY will launch its 15th airdrop of 20 total.
-Crex24- -BiteBTC-
Sept 17 (TEN) Tokenomy full exchange launch. Enhanced user interface updated.
-Indedax- -Tokenomy- -CoinBene- -LaBank- -LaToken-
SEPT 18 (BIT) Bitrewards Amazon partnership offers.
-HitBTC- -IDEX-
NEWS
(SHAPESHIFT) Shapeshift may be headed for a bad quarter after the recent requirement for users to provide KYC documents to the company which was the primary reason people loved it before, anonymity. Well Shapeshift announced today the shutting down of it's Beta PRISM. Prism was announced back in 2017 and had many users excited about the ability to invest in various coins in one place in a easily readable platform. Well having only managed to get to the BETA phase, the project is now shutting down without any explanation from management.
(EOS) HitBTC has announced via their official Twitter that as of Sept 17, 2018 15:00 UTC EOS will be trade-able against XRP,LTC,XMR,DASH,BCN
(CRYPTO) Coronation Street, the longest running Television Soap Opera based out of the UK, recently had crypto currency feature as the basis of an episodes storyline.
(DASH) Dash continues to lead the way in every day use case as Venezuela's inflation continues to ravage it's economy leaving many merchants to only accept Dash as payment from customers for items as simple as toothbrushes or any type of household good.
(TRX) Bittrex launches TRX/USD pair September 17.
(BITPAY) Bitpay has been removed from the Google Playstore.
(TRX) Despite uneventful price movement from Tron. The asian based startup has been placing itself in a major position to take advantage of the next bull market having acquired Bittorent, blockchain.org , it's social media Dapp and the Tron Virtual Machine
Bitcoin Macro View. We have tapped a double bottom on BTC/USD on the daily Candlestick charts. Most traders will look at the information from the past year in the daily charts, only using previous years for longer term trades, or investments. Watching it's current status Bitcoin could be holding above it's latest support level and could either go sideways in a consolidation run, or back up to test previous highs. Luckily though Bitcoin managed to bounce off it's current level of support.
Bcrypto seems to be in a very difficult position at the moment. Awareness has been reached and the ICO frenzy has lost steam and could be a root cause of Ethereum's negative price action and breaching it's previous lows. It is time now to see these companies to start executing on it's projects so that we have as investors something to show to institutional market makers, not just crypto kitties. I would keep a close eye on 10min-4 HR charts for scalping and day trading while also waiting for that overall reversal which could take as long as BTC's halving taking place in 2019 . Ethereum will have to accelerate it's momentum to the release of the Casper update, scaling doubts are absolutely playing a major role in the loss of confidence.
