BITCOIN REACHES HISTORICAL MAXIMUM AND MONACOIN POSITIONS BETWEEN THE MAIN CRIPTOMONES OF THE MARKET
At dawn today bitcoin reached a new maximum price of $ 5840.30 per BTC. Larger-capped cryptoactives are on the rise, with some exceptions. And Monacoin, a cryptoneon created in 2014, joins the 50 most valuable.
Since yesterday, Bitcoin has presented large upward movements, to reach $ 5,840.30 per unit and for the moment of writing the article maintains a price close to $ 5,653.92. With its new maximum price, Bitcoin's capitalization market surpassed $ 95 billion, passing the market capitalization value of US bank Goldman Sachs to $ 93 billion.
In comparison with the activity of yesterday the movements in the exchange houses have been reduced a little. Major exchanges between the BTC / USD, BTC / KRW and BTC / JPY pairs, respectively, continue to be maintained. Bitcoin's dominance in the cryptoactive market stands at 54%.
The market capitalization of all digital assets, from yesterday to today gained $ 10 billion and is currently at $ 173 billion. In 24 hours the digital asset market, without Bitcoin, has grown $ 4 billion.
This behavior can be evidenced in the valuation of the rest of cryptoactives that have positive percentages. Especially the assets of Ethereum and Monero, two of the cryptoactive among the 10 most valuable, since their prices have increased more than 12% and 10%, correspondingly in one day. In the case of Ethereum, this increase could be related to the next update of its network called Byzantium, which is the first part of its major update called Metropolis. About Monero does not show any news that greatly boosts its price, more than the update they made of their network last month and the continuous implementation of the same on several websites, either as payment or web mining.
MONACOIN IRRUMPEN AMONG THE 50 MOST VALUABLE CRIPTOACTIVES
The case of Monacoin is quite remarkable, because it is a cryptoactive that reports movements in exchange houses from March 20, 2014 and for today has presented an increase of up to 100% in its price, which has catapulted it to the position 23 of the coins with the highest value. In its beginnings this cryptoactive was valued at $ 0.078, a week ago had a value of $ 0.5 and is now worth $ 5.11 per unit. It seems that the reasons for this surprising jump is the announcement of the addition of the MONA / JPY exchange rate at the Japanese exchange house bitFlyer, which is the third exchange house with the largest volume of bitcoin exchange.
As mentioned, Monacoin is not new in the ecosystem and even has a great trajectory in Japan, as they claim the title of being the first cryptonegene developed in the country. They even claim to be the first blockchain to add the SegWit protocol, ahead of Litecoin.
Among the technical details of its consensus protocol can be counted that employ Labor-Test, so it is a minable currency, and with this sudden increase has become one of the most profitable. Its algorithm is based on Lyra2RE (v2), has a blocking time of 1.5 minutes, each block reward with 25 MONA, the maximum number of cryptones issued will be 105,120,000 units, will have a reduction of rewards approximately every 3 years and claim which was not pre-mined.
This currency is well established in Japan, where there are web markets exchange products and services with it, as well as Neweggs-style virtual stores, which accept it as a form of payment. There are also social networks that give MONA tips and have developed several tools around it.
With the recent increase in bitcoin, the cryptoactive market in general is quite buoyant, both for news that drive its price, as well as for new chain updates with a long track record in the system. It is necessary to follow the market, which at this moment presents an upward trend and it will be interesting to see how far the value of the cryptoactive.