CRYPTO MARKET UPDATE 8/25/2018
Bitcoin: +$6,726.28
BCH: +$532.95
Market Cap: +$216,697,359,983
24 Hour Volume: -$11,087,245,402
Bitcoin Dominance 53.5% ^
BitCoin Google Trend Ranking: +8 (0 movement since 8/23)
Coin Popularity
Special Thanks to coingossip.club
LAST 24H BIGGEST GAINERS AND LOSERS
Biggest Winners
(BIFI) BitCoin File 105.06% ----------$0.006400
(WAB) WABnetwork 95.96% ----------$0.002469
(GBX) GoByte 82.42% --------------$1.53
BIGGEST LOSERS
(HPC) HappyCoin -42.29% ----------$0.102309
(AC3) AC3 -36.56% ----------$0.029140
(NMC) NameCoin -28.73% ---------$1.07
UPCOMING TRAEDABLE EVENTS
(AUGUST 27, 2018)
(LBRY) Library Credits will release their Alpha version of their website, the long awaited update is said to bring huge improvements to the already popular coin.
(RPX-PHX) Phoenix, formerly RedPulse, launches staking deposits and withdrawals on the new updated platform
NEWS
(BAT) BAT, which powers the new and sleek Brave browser, have reached the milestone of 10,000,000 Million individual downloads. Brave bring so many new features to web browsing and is tailored to crypto currencies allowing for browsers to tip good content or get paid for sharing good content. The biggest draw for most users though is the fact the Brave blocks virtually all pop ups and ads that we are bombarded with while surfing the net.
(BITTREX) After months and months of speculation and hold ups, the massively popular Crypto-exchange , Bittrex, is finally bringing USD trading pairs to individual traders who have been registered with them before July 2018. Users will be able to trade in and out of USD but need to fill out a bit more paperwork to unlock the abilities to deposit and withdrawal in USD. A great move on Bittrex's part. One of the main reasons I got on Bittrex when I first got into crypto was because the promise to bring USD into the exchange would make depositing so much easier for me and millions of others who don't want to use traditional applications like Coinbase. Frustrated with the delays and then with the announcement that USD would only be given to certain institutional investors I took all my assets off the platform and moved on, perhaps this will be spark to bring me back in. Let's see.
(MT. GOX) Had anyone told you that the Mt. Gox fiasco would end with all the customers who lost their cryptos being paid back their assets, you would have called them crazy. Well it seems like a happy ending is set to finally happen and perhaps finally bring closure to one of the most if not the most important hacking in Crypto history. An announcement has been made that Mt.Gox will be returning $1 Billion USD worth in crypto assets to victims of the 2013, hack. 5 years is a long time, especially when you think about all the gains that have been made in that time. Which leads me to ask, will users be reimbursed the amount held at the time or will they account for the value of each asset at present and adjust accordingly, the latter being the only right way in my eyes.
(Etoro) After 6 months of grueling negotiations the cryptocurrency exchange powerhouse Etoro, has announced it's new partnership and sponsorship deal with several English Premiere league Football clubs based out of England. On the list the teams included are, Tottenham Hotspurs, Newcastle United, Crystal Palace, Leicester City, Southampton, Brighton and last but not least Cardiff City. This is a massive move not just for Etoro but for cryptocurrencies in general. Having been an avid watcher of the English Premiers league for 20 years, I have witnessed the ever changing field of sponsorships on shirts shift from primarily western traditional powerhouse businesses like Vodafone, 02, Samsung to name a few, to seeing Chinese sponsors and a\Arab sponsors when they started to become influential. Now this is the time for Cryptocurrency to step in. I will be excited for the day in which we will be able to see any one Crypto Coin on the front of an English Football team jersey.
(BTC) California based tech company DPW Holdings, has been given the green light by New York State to repurpose an old hydroelectric plant for the sole purpose of mining Bitcoin.
(ZEN) ZenCash has officially rebranded itself as, Horizon.
(BITCONEEEEEEECT) Sir scumbbag Dwyesh Darji, the Indian who was the former head of Bitconnect Asia has been arrested in India and officials have frozen all of his assets. Serves hime right, love reading how these crooks are falling one by one, they hurt way too many people. I lost some money but I was not all in. I accept responsibility for the risk I took but I don't know how I'd feel about knowing some one potentially had been deceived, lost everything and had their life destroyed. So when Treyvon James and Craig Grant?! Haha.
My final thoughts on recent market movements are pretty positive. Since I began tracking Market caps and Volume everyday it has been refreshing to finally see some movements up overall. Anyone who is still holding through these times truly is deserving of a nice bull run for having the confidence to put their money behind this technology. Which leads me to the latest stunt by the Chinese Government to try and create more FUD into the community. (FEAR UNCERTAINTY & DOUBT) The Chinese government has banned all ads and marketing associated with ANY type of cryptocurrency, not just Bitcoin. This time it is not just talking as it immediately went and invaded wechat and began closing down accounts where anyone who spoke about cryptocurrency could be found. If you have been in this space for long enough you will know the strategy of the Chinese. The government makes announcements which they know will affect the markets and cause prices to drop so they can buy into the markets at lower prices. Previous announcements have caused massive losses in the market only to do a complete 360 and then allow crypto, this has happened so many times I am happy to say that in it's most recent stunt, the market barely reacted. Seems like everyone has finally caught on to China's bullshit. I for one know that China cannot ban cryptocurrencies, they depend on it so much. Being in China is what introduced me to cryptocurrency as China is literally a cashless society. Anyone below the age of 50 carries all their assets on their smart phones and perform instant feeless transactions, what technology do you think is behind that ? So China, it is getting old. Just jump on the ship and start pouring those Reminbi into the market.
