Not So Stable or The Fall Of Constantinople

Tether's price drops, Visa and MasterCard are working on ban, Constantinople faces issue, new regulation from Hong Kong, church should pay for mining, LTC's 7th anniversary

  • BTC rises up to the price of $6,668, ETH comes to $215.69 at the moment of writing.

Trending Today

Finrazor analyses 184 sources and provides an information over the most popular assets, projects, technologies and etc. Here are the hot topics for today:

Assets: Tether, Kucoin, Populous

Exchanges: Kucoin, OKEx, Bitfinex

Influencers: Changpeng Zhao, Afri Schoedon, Jihan Wu

BTC

8,744 USD
1.84%

ETH

272.72 USD
0.71%

LTC

115.12 USD
1.24%

USDT

1.00 USD
0.06%

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Bitcoin Breaches One Million Daily Active Addresses Once Again

According to data from Coin Metrics, Bitcoin has reached an essential breakthrough. As of June 14th, 2019, the original digital asset was pushing towards its highest levels of activity with over 1 million active addresses. The last time Bitcoin saw this level of unique addresses in motion was November 27, 2017. Kevin Rooke pointed out on Twitter that milestone was reached and mocked, “nOboDY uSeS BiTcOin” in a tweet. He followed up with some more information on the last time there were this many active addresses and compared to the current situation in the market. When Bitcoin first broke 1 million active addresses (Nov 27, 2017), 1 BTC was $9,352 and the median tx fee was $3.23. Yesterday 1 BTC was $8,230 and the median tx fee was $1.33. — Kevin Rooke (@kerooke) June 15, 2019 The price is expected to rise with the added activity. As both transactions and active addresses continue to climb, the value of Bitcoin may climb back towards all-time highs. Active addresses and total transaction volume is not the only thing that has been on the rise in the cryptocurrency world. Not too long ago, it was reported that bitcoin-related Tweets were also surging. The Cryptocurrency analytics site, TheTIE.io reported that in May, Tweets about Bitcoin were way up. Cofounder, Joshua Frank said the Bitcoin Twitter action was notable. “At 17 days of consecutive growth, BTC is seeing its longest streak of increased 30-day average tweet volume since 2017.” Every time Bitcoin pumps, the masses are looking for comparisons to late 2017, when BTC was soaring. The cryptocurrency community is feeling optimistic now that Bitcoin is testing the $9000 range again. But if the cryptocurrency markets take another hit and dip, the mood would turn 180 degrees. The post Bitcoin Breaches One Million Daily Active Addresses Once Again appeared first on ZyCrypto.
ZyCrypto

Bitcoin Price Blasts Through $9.3K as Crypto Markets Hit 11-Month High

A Sunday surge has sent bitcoin price barreling though resistance yet again as it tops $9,300. The move has lifted total market capitalization above $287 billion which is the highest it has been since July 2018. Bitcoin Price Hits 13-Month High There has been no lay in for traders in Asia this morning as bitcoin price 00 hit a new 2019 and a 13-month high of $9,380 this morning. Following yesterday’s big move BTC spent the best part of Saturday trading around $8,650. As reported by Bitcoinist yesterday, the bulls were targeting $9k and they reached that milestone a few hours ago. From there BTC rose sharply to its new high for the year before retreating a little to $9,270 at the time of writing. BTC price 1-hour candles – Tradingview.com ‘Crypto Winter is Over’ Daily volume is back over $20 billion as the 7.5% surge on the day lifts bitcoin to fresh highs. All concerns over the big correction appear to be dissipating as crypto markets are driven higher today. Fundstrat co-founder and bitcoin bull, Tom Lee noted; Taking a step back, with $BTC #bitcoin at new 2019 highs, don’t those old highs look like a few FOMO days away? Crypto winter is over… Taking a step back, with $BTC #bitcoin at new 2019 highs, don’t those old highs look like a few FOMO days away? Crypto winter is over… pic.twitter.com/1neKiEzaFA — Thomas Lee (@fundstrat) June 16, 2019 From here five figures is just another 7 percent away however there is another level of resistance to break around $9,600 before it can get there. Traders on crypto twitter are speculating that the decisions from Binance and Bittrex to exclude US customers from certain altcoin markets may have driven them back into bitcoin. This does appear to be the case at the moment as bitcoin dominance has increased to 57.3% and it is the top performing crypto asset in the top twenty at the moment. A trader going by the twitter moniker ‘D4rkEnergY ‘ noted: After binance announced that they wouldnt accept US customers from Sep., investors got scared and left Alts and went into $BTC. Total Crypto Market Cap at 11-Month High This is not to say that altcoins are not moving also. In fact,  it is quite the opposite at the moment as total market capitalization has reached $288 billion which is its highest level since July 2018. Daily volume for all crypto trading has also climbed and is currently $68 billion. Granted, bitcoin is in the driver’s seat once again. But others are also making solid progress today. Ethereum has made 3.7% to reach $275, EOS has added over 6% to break $7 once again, and Bitcoin Cash is back at $435 with a 3.5% gain. Other altcoins getting lifted today include IOTA, NEO and Tezos. Will bitcoin hit five figures this week? Add your comments below. Images via Shutterstock, Tradingview.com The post Bitcoin Price Blasts Through $9.3K as Crypto Markets Hit 11-Month High appeared first on Bitcoinist.com.
Bitcoinist

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