|Day's Range||6,329.114 - 6,369.427|
|52 Week Range||3,753.5100 - 18,750.9258|
Stocks jumping despite trade war talk heating up
Investing.com - Bitcoin and other major cryptocurrency prices gained on Wednesday despite reports that the People’s Bank of China (PBoC) issued a new warning regarding investments in crypto and initial coin offerings (ICOs).
Don Wilson, founder of DRW, the Chicago-based high-speed trading firm, discusses his history with cryoto assets and the trends he's seeing in Asia.
Investing.com - Cardano was trading at $0.06951 by 23:01 (03:01 GMT) on the Investing.com Index on Wednesday, up 10.02% on the day. It was the largest one-day percentage gain since August 17.
After slipping late in the day Monday, bitcoin and major digital currencies are clawing back some losses Tuesday.
The cryptocurrency that supports the Ethereum network, the world’s most popular blockchain for new crypto ventures, could scoop up to half of bitcoin’s market share within five years, according to one analyst.
Its smart contract features generated positive press and the ICO boom helped it avoid the caustic commentary, regulatory or otherwise, reserved for bitcoin. BitMex co-founder Arthur Hayes contends that ether is a “shxxcoin”. According to Hayes, the story started back in 2017 when the number of crypto hedge funds multiplied.
Cryptocurrencies overall were slightly lower with the coin market cap of total market capitalization at $197 billion at the time of writing, compared to $201 billion on Monday. Ethereum, or Ether, the second-biggest alternative currency by market cap, fell 4.63% to $207.73. XRP, the third-largest virtual currency, was up 8.83% to $0.30647 and Litecoin was at $53.448, down 3.97%.
Investing.com - XRP was trading at $0.31251 by 07:57 (11:57 GMT) on the Investing.com Index on Tuesday, up 10.20% on the day. It was the largest one-day percentage gain since September 18.
Investing.com - Bitcoin and other cryptocurrency prices fell on Tuesday, with Ethereum and Litecoin down more than 11%. Ripple hinted that its cryptocurrency product xRapid would go live “in the next month or so.”
For a small community of users in the occupied territories, bitcoin has become an economic lifeline to the outside world. But it can do only so much.
Investing.com - Cardano was trading at $0.06275 by 16:51 (20:51 GMT) on the Investing.com Index on Monday, down 10.72% on the day. It was the largest one-day percentage loss since September 5.
Investing.com - Litecoin was trading at $51.961 by 16:14 (20:14 GMT) on the Investing.com Index on Monday, down 10.02% on the day. It was the largest one-day percentage loss since September 5.
Investing.com - Ethereum was trading at $199.15 by 15:54 (19:54 GMT) on the Investing.com Index on Monday, down 11.55% on the day. It was the largest one-day percentage loss since September 5.
Investing.com - Ethereum fell bellow the $199.15 level on Monday. Ethereum was trading at 199.15 by 15:54 (19:54 GMT) on the Investing.com Index, down 11.55% on the day. It was the largest one-day percentage loss since September 5.
Investing.com - EOS was trading at $4.9677 by 15:16 (19:16 GMT) on the Investing.com Index on Monday, down 10.04% on the day. It was the largest one-day percentage loss since September 5.
CRYPTOWATCH Cryptocurrency prices traded lower Monday, unable to hold onto last weeks gains. Bitcoin, the worlds No. 1 digital currency is trading at $6,261.00, down 3.7% since Sunday at 5 p.m. Eastern Time on the Kraken exchange.
The U.S. Securities and Exchange Commission (SEC) indicated early in September of 2018 that it would halt trading in two investment products which track the popular digital tokens bitcoin and ethereum. The two products in question, the Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) are each exchange-traded notes (ETNs) issued by XBT Provider AB, a Swedish company and subsidiary of U.K.-based Coinshares Holdings. According to a report by CCN, the SEC cited "a lack of current, consistent and accurate information" pertaining to the two ETNs as a critical reason for its order to halt trading.