Tag Archives: Billion

$6 Billion in Fiat is Sitting in Crypto: $10,000 Bitcoin is Possible Without New Monty

$6 Billion in Fiat is Sitting in Crypto: $10,000 Bitcoin is Possible Without New Monty

It isn’t a secret that millions, if not billions of dollars fled the crypto asset markets in 2018. Blockchain projects liquidated hundreds of millions worth of Ethereum (ETH) from the initial coin offerings, while common Joes and Jills, many of who caught FOMO in late-2018, liquidated their Bitcoin (BTC) holdings in search for greener pastures for investing. Simultaneously, many have anecdotally said that little to no fiat has entered this space, creating an environment where solely sell-offs are the market’s M.O. But, one investor argues that while […]

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Crypto Trading Volume Hits 9 Month High at $34 Billion

Crypto Trading Volume Hits 9 Month High at $34 Billion

Crypto markets still rallying; EOS and BCH running away with it, Cardano, Dash and ETC performing well. The big crypto rally which began with Ethereum yesterday has continued today where a different top performer has emerged. Total market capitalization reached a high of $134 billion as a further $9 billion was added to yesterday’s pump. Daily volume has not been over $34 billion since late April 2018 according to Coinmarketcap. This marks a huge 9 month milestone in crypto trading volumes and some analysts have predicted the […]

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Crypto Market Wrap: $5 Billion Dumped to Bottom of Trading Range

Crypto Market Wrap: $5 Billion Dumped to Bottom of Trading Range

Crypto markets dump to bottom of trading range, Ethereum, Bitcoin Cash and Litecoin suffering, TenX still climbing. Following almost a week of inactivity crypto markets have started to dump again. A break through support zones for several of the major crypto assets has resulted in total market capitalization plunging back below $120 billion again for the fourth time since the end of November. Bitcoin has failed to hold above $3,700 and dumped almost 4% to an intraday low of $3,585. It is currently clinging on to support […]

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Why a Major VC Investor Believes Bitcoin Will Overtake Market Cap of Visa at $302 Billion

Why a Major VC Investor Believes Bitcoin Will Overtake Market Cap of Visa at $302 Billion

“Long Bitcoin (BTC), short the bankers” has long been the war cry of crypto’s diehards, known for their use of rhetoric to convey a point. While many cynics cast aside these enthusiasts as near-religious zealots, blinded by “magical internet money,” these anti-establishment tones were validated on Tuesday, as reports arose that a legendary financial services provider was slapped with a fine. And it wasn’t any old fine, it was a $650 million one. Related Reading: Bitcoin is Criminal Money Says the Media While Deutsche Bank Gets Raided for Laundering […]

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Rebranded Litecoin Flips Stellar With $2 Billion Cap

Rebranded Litecoin Flips Stellar With $2 Billion Cap

Crypto markets are frugal on Friday, Litecoin is the only one making a move, the rest are lethargic. The week is ending on a flat note as there is still very little movement amongst the major cryptocurrencies this Friday. Markets have plateaued around the $120 billion capitalization level but are unable to make any significant gains above that. Bitcoin has again tested resistance at $3,600 a couple of times over the past 24 hours. A minor daily gain of a fraction of a percent has kept it […]

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XRP Market Cap is $6.755 billion, Messari Claims

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple prices consolidating inside Jan 22 high low Messari’s report place XRP market cap on the lens Transactional volumes low averaging 14 million An analytic firm is questioning XRP’s market cap. Arguing that its market cap is inflated, Messari is now calling for indices to revise their XRP circulating supply assumptions. Meanwhile, our last XRP trade plans are valid. All in all, for bulls to remain in charge, then we must see sharp gains above 34 cents. Ripple Price Analysis Fundamentals Messari is questioning XRP’s market cap […]

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Crypto Market Wrap: $7 Billion Dumped to New 2019 Lows

Crypto Market Wrap: $7 Billion Dumped to New 2019 Lows

Crypto markets are dumping this Monday morning, Ethereum, BCH, Tron and Stellar in a hurt locker. Crypto market movements have been few and far between in recent weeks but the bears have awoken again today and markets are dumping. Almost $7 billion has been dumped in the past few hours to send total market capitalization plunging to a new 2019 low at around $114 billion. The pain started with Bitcoin as it has failed to make any movement above solid resistance at $3,600. This has ignited a […]

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XRP Meltdown, Lose $1 billion in 24 Hours

Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up

Ripple price down $1 billion in 24 hours The aim is to replace SWIFT and dominate the cross-border fund transfer space Transaction volumes low as XRP prices correct The truth is, Ripple has a long way to go, and as XRP prices correct, retesting Dec 2018 lows of 30 cents, we remain net bullish. Ideally, we would like to see prices rally above 34 cents, but this largely depends on tomorrow’s reaction. Ripple Price Analysis Fundamentals Behind Ripple is a dedicated team that wants to see the […]

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Binance Overwhelmed by BitTorrent Token Demand, 60 Billion Sold in 15 Minutes

Binance Overwhelmed by BitTorrent Token Demand, 60 Billion Sold in 15 Minutes

As crypto markets tumbled yesterday the BitTorrent token sale kicked off and promptly overloaded the world’s largest exchange where it was hosted. BTT Gone in 15 Minutes … The BitTorrent token sale started on Binance Launchpad yesterday amid another crypto market rout which dumped $7 billion in a few hours. Binance posted an announcement with fixed rates for the tokens which were locked in at 1 BTT = 0.00001824 BNB (using a BNB price of 6.58000 USD) and 1 BTT = 0.00447261 TRX (using a TRX price […]

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XRP Surges Ahead of Ethereum by $2 Billion

XRP Surges Ahead of Ethereum by $2 Billion

Crypto markets climb slowly higher, XRP surging, Bitcoin Cash and IOTA doing well, Tron and NEM fall back. Crypto markets have continued a slow recovery process again today but one or two of the majors are showing a little more momentum. Total market capitalization has nudged above $115 billion but progress is far slower going up than it was coming down. Bitcoin is stuck at its new resistance level of $3,500 and it cannot overcome it. It has climbed about a percent on the day by further […]

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