In the past week, NANO had an average of 21,103 transactions per day compared to a record of 35,894 for the network. It has recently announced the release of an update of the latest version and the addition of the VoteByHash functionality.
NANO Sees a Significant Increase in Trading Activity
Bitcoins’ (BTC) Sudden Movement Suggests a Dump, But ETH, EOS, LTC, BCH And BNB Takes Lead for Altseason
The market apprehension for a movement in Bitcoin price grows by each passing day. It might be an indication of accumulation in Bitcoin. However, some technical indicators also suggest a downward motion. The bearish engulfing channel on 21st March with a break-down from the uptrend indicate bearish momentum for Bitcoin. The price of Bitcoin (BTC) at 13 00 UTC on 24 March 2019 is trading at $4027. The price on a weekly scale reflects no movement. However, there was a dump on 21st March from which the market has recovered. Nevertheless, $3850 on the downside and $4150 on the upside remains the primary support and resistance level respectively. On the Fundamental front, traders are awaiting the Mt. Gox credit date. It is estimated that about $600 million in cryptocurrencies and FIAT will be reimbursed to the victims of the hack in 2014. Hence, the market is unsure whether it will result is a spike or a downtrend. The Bitcoin ETF proposal which is expected to increase the demand for Bitcoin as an asset is also pending eternally with the US SEC with no confirmed deadline. Ethereum and EOS Continues to Consolidate Ethereum which was under bearish pressure since June in 2019, looks to break above the 50,100 and 200-Day Moving Average. The three Moving Average lines are coinciding with each other on the 1-day chart of ETH/BTC. Ethereum has stayed stable over the week near the $140 mark in the range of $3. The price of Ether (ETH) at 13 00 UTC on 24 March 2019 is trading at $137.5. ETH/BTC 1D Chart on Bittrex EOS which was recently ranked above Ethereum in a Chinese Survey has continued to maintain a stable position at number five w.r.t to total market capitalization. The price of EOS at 13 00 UTC on 24 March 2019 is trading at $3.65. It is trading 3.5% lower on a weekly scale. Litecoin (LTC) and Bitcoin Cash (BCH) Price Movements The price of Litecoin (LTC) at 13 00 UTC on 24 March 2019 is trading at $60.06. It is trading 2% lower on the weekly scale, but the decisive break above $60 seems to mark bullish momentum for Litecoin. The price is also moving above the 50,100,200-Day Moving Average. LTC/BTC 1-D chart on Bittrex The price of Bitcoin Cash (BCH) at 13 00 UTC on 24 March 2019 is trading at $166.62. It is trading 9.24% higher on the weekly scale. The 1-Day chart of Bitcoin Cash resembles the chart of Litecoin. Moreover, their utility and performance are also comparable. Hence, in a diverse cryptocurrency market coupling of these currencies is a possibility. Cardano’s ADA Out-Performs the Other Platforms The price of Cardano’s token (ADA) at 13 00 UTC on 24 March 2019 is trading at $0.062. It is trading 22% higher on the weekly scale. IOHK, the Hong-Kong parent organization behind Cardano announced the successful completion of its Byron Phase and has successfully moved to the Shelly phase. Despite stiff competition from other popular platforms like Ethereum, EOS, and Tron, Caradon continues to be in the top ten cryptocurrencies by market capitalization. Cardano Updates Roadmap Binance (BNB) Coin and Huobi Token (HT) The Exchange based token Binance (BNB) coin and Huobi Token (HT) have made significant progress since the beginning of the year 2019. These two are the most successful Exchange backed tokens. Nevertheless, BNB is ranked 7th while Huobi Token (HT) is ranked 50th w.r.t total market capitalization. The price of Binance (BNB) Coin at 13 00 UTC on 24 March 2019 is trading at $17.02. It is trading 7.64% higher on the weekly scale. The price of Huobi Token (HT) at 13 00 UTC on 24 March 2019 is trading at $2.52. It is trading 22% higher on the weekly scale. Some of the other notable action in altcoin market was observed in Basic Attention Token (BAT), Tezos (TZX), Zcash (ZEC), Augur (REP), Digibyte (DGB), Huobi Token (HT), Enjin Coin (ENJ), and OmiseGo (OMG). These tokens registered double-digit gains over the week. The rise in Tezos (TZX) was the highlight with a surge of almost 40% followed by Huobi Token (HT) and Digibyte (DBG). Do you think the accumulation in cryptocurrency has begun or downtrend is still possible? Please share your sentimental or technical analysis with us as well. The post Bitcoins’ (BTC) Sudden Movement Suggests a Dump, But ETH, EOS, LTC, BCH And BNB Takes Lead for Altseason appeared first on Coingape.
An application called Bitcoinmap.cash lists locations where decentralized digital currencies such as bitcoin cash can be spent directly. It provides information about hundreds of restaurants, bars, hotels, and stores around the world that accept electronic cash without intermediaries. Also read: New Crypto Exchange Bitzlato Offers P2P Trading Promoting Direct Payments With Bitcoin Cash The Bitcoinmap.cash platform, a community project open to new participants and developers, has a web-based version and a mobile app for Android devices. All the venues displayed on its map accept bitcoin cash (BCH) or dash, while some of the shops also take bitcoin core (BTC). Many of these places – such as the Cara B Cafe-Bar in downtown Barcelona or the La Sirene Soho Restaurant in New York – offer discounts of up to 20 percent on the first BCH payment you make. The people behind Bitcoinmap.cash believe anyone who is holding cryptocurrency should support the growth of its value by actively promoting and spending it. “The only reason why Bitcoin has any value is because we can use it for payments. If we don’t use it for real world p2p payments it will never reach its potential,” proclaims the app’s Google Play store page. The platform’s developers, who hail from a group called The Real Bitcoin Club, note their goal is to promote the adoption of cryptocurrencies without the participation of payment processors and government engagement. They suggest using bitcoin cash and dash as their low transaction fees allow everyone to participate, especially in regions such as Africa, South America and Asia. Businesses that want to be added to the map can file a request via email to email@example.com. Do you find apps such as Bitcoinmap.cash helpful for the adoption of cryptocurrencies? Share your thoughts about the platform in the comments section below. Images courtesy of Shutterstock, Bitcoinmap.cash. At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more. The post Bitcoinmap.cash Helps You Find Places to Spend BCH appeared first on Bitcoin News.
The bear pullback did not break the new demand area. Upward momentum remains strong in the long-term. XMR/USD Long-term Trend: Bullish Supply zone: $100.00, $110.00, $120.00 Demand zone: $30.00, $20.00, $10.00 XMR long-term outlook continues in a bullish trend. The bulls pushed the cryptocurrency up at $55.75 in the supply area on 20th March as […]