Welcome to my Cryptocurrencies Market Overview for Thursday, January 04, 2018.
Today in the news:
- Ripple hits $3.72 (+165% in 7 days) and Ethereum is above $1,000.
- TRON price jumps 150% as founder teases major partnership.
- And more crypto news below...
24 Hour Change
Realtime chart on my website CoinMarkets.today
7 Day Change
Month-to-Date Change
24 Hour Volume
Market Capitalization
Bitcoin daily chart (log scale)
Feel free to use and share my charts, but please mention me as the author.
Latest Crypto News - January 04, 2018
Down But Not Out: Bitcoin Holds Onto Bullish Territory
Bitcoin has come under pressure today amid sharp gains in alternative currencies, but the charts are showing no signs of panic.
Read more: coindesk.com
Ripple (XRP) Price Surpasses $3.6 as Bulls Remain in Control
As we had expected yesterday, the XRP price has continued its uptrend without too many problems. With every XRP worth over $3 as we speak, it is evident this digital asset is of great interest to investors and spectators all over the world. As is the case with any sort of growth in the world of finance, there will be a correction at some point in the future. For now, the bullish uptrend is still in place as we speak.
Read more: themerkle.com
Other sources:
Ethereum Price hits $1,000
Things are progressing nicely in the world of Bitcoin and altcoins these days. While the Bitcoin price is still on the bend, most altcoins are further solidifying their position in the market. Ethereum, for example, is looking to hit that $100bn market cap in the coming weeks. Moreover, the Ethereum price has increased to over $977, which means reaching $1,000 may happen sooner than expected.
Read more: themerkle.com
Other sources:
- Ether Price Climbs to New Record High (Coindesk)
Merrill Lynch Bans Clients from Investing in Bitcoin Fund
Merrill Lynch, the brokerage arm of Bank of America, has blocked financial advisers and clients from trading in bitcoin-related investments.
Read more: coindesk.com
Other sources:
Korean Law Firm Appeals Against Govt’s Cryptocurrency Trading Rules
A law firm in Seoul, South Korea has filed an appeal against the government’s new cryptocurrency trading rules. Anguk Law filed the suit which claims regulating trading through administrative guidance has no legal basis and infringes on property rights, according to The Korea Times.
Read more: ccn.com
Chinese Cryptocurrency Exchanges Delay Launching in South Korea Due to Regulation
Two major Chinese cryptocurrency exchanges have delayed their launches in South Korea due to uncertainties surrounding the government’s regulation. The regulators are currently working on a real-name identification system that will end the anonymous trading of cryptocurrencies in the country.
Read more: bitcoin.com
SEC Seeks Comment on CBOE Bitcoin ETF Filings
The SEC is asking for public comment on two proposed rule changes that, if approved, would lead to the listing of the first-ever bitcoin-based exchange-traded funds.
Read more: coindesk.com
McAfee Warns of Advanced Hacking After Twitter Account Hijacking
Cybersecurity Expert John McAfee has warned of advances in hacking methods after his personal Twitter account was hijacked to promote a number of alternate cryptocurrencies last week.
Read more: cointelegraph.com
Maduro Recruiting Miners For Venezuela’s Oil-Backed Cryptocurrency, Petro
Only days after announcing on national TV a formal decree launching the country’s asset-based cryptocurrency, the Petro, Venezuelan President Nicolas Maduro is hiring miners across the country to harvest the digital currency from the Petro mining farms.
Read more: cryptovest.com
Other sources:
Bitcoin Is a Hit in Countries Where Locals Face Currency Troubles
In Sudan, a young woman wants her dowry paid in bitcoin. In Kenya, students are using it to bet on English soccer games, and use of the cryptocurrency in South Africa has surged amid political turmoil. Around the world, investors are piling into bitcoin, sparking talk of a gigantic bubble after the virtual currency notched a 1,375% gain last year.
Read more: wsj.com
TRON Price Jumps 150% as Founder Teases Major Partnership
The TRON price exploded by 94 percent on Thursday after the decentralized content distribution platform’s founder teased a major partnership with a publicly-listed company. Its token, TRX, is up 150% in a 24-hour period at press time.
Read more: ccn.com
What would Bitcoin's price be when it is really used by the masses?
Rough to see Steem down 10% over the last 24 hours, but you can't really complain about 161% gain in the last seven days. Absolutely incredible.
Yes this is true this week was awesome
But today a little dropped
The markets are insane now and shitcoins (Ripple) get hyped and good tech is left behind. I think if this goes on a huge crash will appear that only the best will survive. But maybe this will go on for a while first
good informations @penguinpablo
thank you for sharing
This week the currency that has made a big rise is Ripple and steem
thanks for the information his friend
I'm totally new to cryptocurrency. I knew about bitcoin and how it was getting gaining popularity but my eyes got opened 3 nights ago. I couldn't sleep so I decided to kill time on youtube and stumbled upon a rumors about Putin and something called etherium. A few more searches and I found myself discovering a whole new world of possibilities and said to myself "I want in".
Tron hit a big time change in 24 hours , these coins are always so unpredictable
This is great info, but your data on Raiblocks is missing. Just a heads up @penguinpablo
how do you think or your prediction about bitcoin price in 2018 whether it will be increasing or going down.
I just want to survey some people's opinions
This is good information
Thanks @penguinpablo
Awesome article!
Thanks for all the info and the others links !!!
Your Graphics are Awesome. I buy TRX in December, im a lucky Man.
good post, I really like it
hallo @penguinpablo
i am new member on this steemit platform, i have upvote and follow you, if you have free time please visit my blog, i will be very happy, and please Upvote and follow me @adamazzi
Thank you
always love your charts and compilations of data, so helpful! where would we be without you @penguinpablo? :) thanks so much.
Hope Vechain (ven) Breaks into this list soon
Great information, @penguinpablo Thank you for sharing.
Followed, excellent post, very informative and interesting. Thank you for doing this.
Hey @penguinpablo. How come when I do my Steemnow, I see your profile and my @steppingout23 is not showing up. Instead your account shows up