Steem continues to rise and adds another 30% to the price today. We're up over 50% this week. Great!
It seems crypto-related news sites are starting to notice Steem as at least two websites wrote an article about Steem today. See the links below. The more media attention, the better :)
Welcome to my Cryptocurrencies Market Overview for Thursday, January 25, 2018.
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)
STEEM/BTC daily chart (log scale)
Feel free to use and share my charts, but please mention me as the author.
Latest Crypto News - January 25, 2018
Steem Price Surges Past $6 en Route to new All-time High
It seems the recently released Weiss cryptocurrency ratings are already making an impact on the markets. With only a handful of currencies receiving decent ratings – some of which still have zero working technology – it is evident this document will influence the markets in one way or another. Steem, the currency of the Steemit platform, is currently surging in value as we speak. With a Steem price of $6.3 at the time of writing, we are not too far off a new Steem price all-time high.
Read more: themerkle.com
Other sources:
Bitcoin Bull Reversal Sighted, But Momentum Proves Weak
Bitcoin bulls seem to have gained an upper hand, but the cryptocurrency is still struggling to find follow-through buying today.
Read more: coindesk.com
Bitcoin is 'gambling' and we will develop regulations around it, Canada central bank head says
Bitcoin trading is "gambling," Canada's central bank governor told CNBC on Thursday, adding that he was looking into developing regulations around cryptocurrencies.
Read more: cnbc.com
3,000 Metric Tons of Wheat Was Recently Traded for Bitcoin
Cryptocurrencies are slowly becoming mainstream when it comes to settlement for all kinds of goods and services. Just recently the first known freight consignment was settled in bitcoin as the deal consisted of 3,000 tons of wheat from Rostov that was sent to Turkey.
Read more: bitcoin.com
World’s First Cryptocurrency Airport In Brisbane
Brisbane Airport (BNE) will soon become the first cryptocurrency airport terminal, according to reports from local media. The airport is working with local and international companies to make the entire terminal cryptocurrency friendly, with stores, coffee shops and restaurants accepting Bitcoin, Ether and Dash.
Read more: cointelegraph.com
New Weiss Ratings for Cryptocurrencies Award No “A”s and Score Bitcoin a C+
Financial ratings agency Weiss has just released its much-hyped cryptocurrency review. The eagerly-anticipated report rates 74 of the most popular cryptocurrencies on the market, scoring them from A to D. Such was the level of interest in the report, the company’s website was knocked offline as interest peaked on Wednesday morning. Weiss Ratings include some controversial scores for currencies such as bitcoin and ethereum that are sure to spark debate.
Read more: bitcoin.com
Other sources:
- A+ Mess: Controversial Weiss Cryptocurrency Ratings See DDoS Attacks, Fake Grading Leaks
- Weiss Ratings Gives Bitcoin C+, Sparks South Korean DDoS Revenge
Arsenal Football Club to Promote iGaming Firm ICO
iGaming platform provider CashBet has partnered with Arsenal Football Club in a deal that will promote the firm's new crypto token.
Read more: coindesk.com
May Says She’ll Look ‘Very Seriously’ at Action on Bitcoin
U.K. Prime Minister Theresa May has promised to consider clamping down on bitcoin as she raised concerns that cryptocurrencies are being used by criminals. “In areas like cryptocurrencies, like Bitcoin, we should be looking at these very seriously,” May said in a television interview in Davos with Bloomberg’s Editor-in-Chief John Micklethwait. Action on crypto-currencies may be needed “precisely because of the way they are used, particularly by criminals,” she said.
Read more: bloomberg.com
Other sources:
Why a $39 Million ICO Chose Stellar Over Ethereum
"We look at ethereum like AOL or Myspace." That's how Mobius Network co-founder and CEO David Gobaud explains why his startup ran its initial coin offering (ICO) on the Stellar network instead of ethereum, the most popular blockchain for token sales.
Read more: coindesk.com
50 Cent Makes Millions Selling Album For Bitcoin
Curtis "50 Cent" Jackson made a lot of money by being an early believer in Bitcoin, TMZ.com reported on Tuesday. After giving the cryptocurrency a chance 4 years ago, he is now reaping the benefits which amount to over $7 mln, according to current exchange rates.
Read more: cointelegraph.com
Other sources:
- Rapper 50 Cent Is Now a Bitcoin Millionaire (Coindesk)
- Rapper 50 Cent Has Millions in Bitcoin (Bitcoin.com)
Steem and SBD are getting quite close in value. As long as those are both headed upwards I'm alright with it though!
Upvote steem.... waiting to be 10
10$ or 10'th by market cap?
It's a great time to be into STEEM! I'm so glad I found this amazing platform while it's still relatively small!
That's a great news for all of us because the increase in price of steem means now our upvote is also increased in proportion to steem price and this thing stop many peoples from selling their steempower in case of price increase and i really expect that steem hit $20 by the end of this year.
why just 20$, buddy? For it to be 50$ it needs only 10B $ capitalisation. It's the level of Litecoin. Idk, but I believe it's very possible for it to become 50$, especially with raising media coverage.
Well it's possible but as we all know steem is a slow mover so it will take some time before it could reaches $50.
Well, it's hard to regard a move from 1$ to 6$ a "slow" move.
Steems closing in on $7 again... I can't believe it!
its just start man we are still more to unload on steem
update now that we are harmed @penguinpablo
this should not be a graphical average. is it up to date?
Graphical is not up to date, needs correction
Great news and you did great job ....
Thank you for the starts @penguinpablo .
Why there is 40% difference from feed price to market price? When it will get update
Ps: new to steemit
do you know what a median is?
Nice post sir
This image clearly describes the way I feel right now.
Steem growth just keep making me happy and happy.
With the steem blockchain proving to be excellent in scalability and the recent weiss ratings to add to that, I see more investors gathering up steem and I see steem price shooting to the stats pretty soon.
Thanks @penguinpablo for this well researched and educative article.
Happy Steeming
Steem is up as a direct result of the increase of popularity of Steemit everywhere! Will be a matter of time when it starts replacing some websites!
follow me my account @abdulmanna
Great report..it s very useful like always..
We did well Cryptobud like always.
Thanks for the update information
très intéressant
if you can know yes. it's what ya but, if you can
Glad to see steem up trend, let's hope that it will continue growing, however it's hard to say how will market look next week, because at the moment market is in complete chaos.
Good post men
don't you think we still have to wait for the bitcoin future contract expire??
I don't think it will have a huge impact on the price of Bitcoin. The volume of Bitcoin futures is still low.
thanks bud for the reply ..
hopefully will always increase, day per day
This is very exciting! Let’s get it on Steemians! Way to go hehe!
Thank you @penguinpablo for sharing this article to us!!! Awesome news you brought to us that is a great great news!!!
I will always follow your article!!!
Steem is great! definitely one we can rely on to continue to grow!
This is absolutely amazing for steemians. Steem keeps increasing rapidly. Its great news
Gambling: It involves losing and gaining money based on luck. Bitcoin is not so. Bitcoin brings profit for those who hold it for long period.
Theresa May: People have used paper money for crime for decades. They still do. Investors in bitcoin are young and tech savy people not criminals.
If this trend keeps going, and I hope it would, basing on the graphs, steem would be a very famous altcoin. Lucky 50 Cent, he is now enjoying. People are now getting the idea of using crypto as means for payment of goods and services and it is a breakthrough.
It is indeed exciting and making us ecstatic. Let us hope for the best of steem and steem dollars. To expansion and beyond!
Wow thank you for the information
Good work
Steem is warming Up
LOL I love the meme at the end, thanks for the great post!
Great new post !
Looks set to cross $10 this time 🚀
I must be missing something because as steem has gone up in value the value of my account has been going down.
As a man who only afforded to hold Steem and XLM, your first chart made me pretty happy:
Steemit is starting to get know and recognized by the mainstream, slowly but surely we (community) will take over the globe with this new social media.
I´m just here sitting and waiting to see the day that happens, it will be gorgeous!!
Damn i didnt know about coinmarkets.today before and im just mindblowed how much usefull stuff you are programing, all by your own right? I love this application! Thx! :D
nice post - steem great
@penguinpablo what do you see the price of Steem being at the end of 2018?
I've been looking more on Steem for News post before I look on the other main websites. Love reading the comments too. :-)
good post
will be the star of the strong crypto market.
Thanks for the info, my new number 1 source for all things STEEM!! :)
This is great info
very helpful post. good job carry on.