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Altcoin Season 2019 Thrives: Everex (EVX) Leading Binance With 300% Gains, Here’s Why

As this year’s altcoin season continues to flourish, yet another altcoin has marked tremendous gains in a short span of only two consecutive days. Everex (EVX) has recorded gains upwards of 275% over the last two days. Everex EVX. Source: CoinMarketCap On March 24th, EVX was trading at around $0.29. At the time of this writing, the cryptocurrency sits at $1.23, marking an increase more than 300% in the last 48 hours. EVX has a market cap of a little more than $27 million, making it the 140 largest cryptocurrency in terms of total market capitalization. Not only is this the higher price EVX has been trading at in 2019, but it’s also the cryptocurrency’s 10-month high. The primary source of liquidity and main market of EVX trading seems to be Binance – the world’s leading cryptocurrency exchange. It reports an EVX/BTC traded volume of more than $145 million in the past 24 hours, accounting for almost 92% of the total trading volume EVX saw in this period. Why Does EVX Surge in Price? Besides it being an altcoin season, which typically favors violent altcoin price movements, the primary reason for EVX’s pump can be associated with recently published news. Everex announced that their project has managed to receive approval from the state of New Jersey in the United States of America to onboard its users and to perform crypto-to-crypto domestic, as well as international transactions. We’re excited to share with you that #Everex received approval from the United States – the State of NJ to onboard users and perform crypto-crypto domestic and international transactions 🇺🇸 https://t.co/PMJ6RM1Fez#fintech #blockchain #stablecoin #finance — Everex (@everexio) March 25, 2019 The reason for which this seems to be so significant for the price is because Everex is primarily a Singapore-based company with a main focus on Asian markets. Hence, taking its technology to the US and making sure that it is a compliant transacting technology substantially expands the project’s reach. Big news of the kind have the tendency to move price substantially, even though it’s important to note that an increase of more than 280 percent in 48 hours remains somewhat unorthodox. Furthermore, a few days ago, EVX announced that it is being supported by the Ethos Universal Wallet, essentially improving its adoption further. The post Altcoin Season 2019 Thrives: Everex (EVX) Leading Binance With 300% Gains, Here’s Why appeared first on CryptoPotato.
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[Altcoin Discussion] Tuesday, March 26, 2019

Thread topics include, but are not limited to: Discussion related to recent events Technical analysis, trading ideas & strategies General questions about altcoins Thread guidelines: Be excellent to each other. All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading. This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning. No discussion about specific ICOs. Established coins only. If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too. Other ways to interact: Get an invite to live chat on our Slack group and check out the #altcoins channel Daily Discussion for bitcoin only: Daily Discussion Prior Altcoin Discussion: Altcoin Discussion
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Bitcoin (BTC) Declines Below $4,000: Altcoins Instant Follow-up

Despite all the momentum built by various coins during the last few days and the much welcomed gain experienced throughout the market, the crypto-market dropped for $4.0 bln in just a few hours with the beginning of this week. Source: coinmarketcap Per time of writing – the pioneer of cryptocurrencies Bitcoin BTC dropped below the major $4,000 as the momentum sprung last week got tired and the bears took over the wheel reaching the $3,945.60 level counting -1.73% in the negative against the US Dollar. The altcoins followed-up speedy and went head first for the beginning of the new week value plunge. Even that many analysts that last few days became quite cheerful – some have kept a level head. Amarok, a crypto-centric chartist, recently issued a warning to his investors via Twitter about the short-term prospects of Bitcoin. He noted out how during Dec-Jan the #1 coin by market cap changed hands between a $3,564 to $4,241 Fibonacci range. While this isn’t anything notable in and of itself, the asset failed to break above its 0.786 Fibonacci ($4,096) prior to falling dramatically. BTC recently failed to surge past its 0.786 Fibonacci ($4,072). Again, this all has been underscored by somewhat waning trading activity. – Read more on the cover written by Nick Chong $BTC Looks awfully similar. Put the past does not predict the future pic.twitter.com/OVv67rIZdf— Amarok (@ChartofWar) March 23, 2019 Latest on the second largest coin – Ethereum, Justin Sun the founder of TRON [TRX] highlighted out that when Tron blockchain succeeds, he intends to build a monument of the creator of Ethereum – Vitalik Buterin in memory for the contribution. This came right after Vitalik Buterin said that in case Tron takes over Ethereum’s place he will lose faith in humanity. When #TRON succeed, we will build a monument in memory of #ethereum! @VitalikButerin will be remembered for his tremendous contribution in #blockchain industry! #TRX #BTT https://t.co/ig3Yg50NND— Justin Sun (@justinsuntron) March 24, 2019 The post Bitcoin (BTC) Declines Below $4,000: Altcoins Instant Follow-up appeared first on Ethereum World News.
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Crypto Price Analysis: 5 Altcoins to Watch This Week

Now that we’re more familiar the bullish pulse of the market, five out of the five altcoins on last week’s list traded within expectations. Cardano (ADA/BTC) led […] The post Crypto Price Analysis: 5 Altcoins to Watch This Week appeared first on Hacked: Hacking Finance.
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Bitcoin (BTC) Dominance Drop to 50 Percent, will Sell-off Boost Altcoins?

Bitcoin Prices slumping Solactive and CMC launching two crypto indices Transaction volumes less than half those of late Feb CMC in partnership with Germany’s Solactive will launch two crypto indices. Data broadcasts will be from several terminals including Bloomberg’s GDIS and Börse Stuggart. With information based on performance, Bitcoin (BTC) traders will be better equipped and trade accordingly. Bitcoin Price Analysis Fundamentals At the time of writing and drawing data from CoinGecko, Bitcoin enjoys a dominance of 50 percent with a market cap of roughly $69,994 million. If anything, this points to uncertainty. All the same, we expect prices to stabilize in coming few days. With better tools to gauge volatility and influence of BTC, predicting price moves and measuring sentiment has been made easy with news of CoinMarketCap collaboration with Solactive. The two plan to launch two crypto indices. One, CMC Crypto 200 Index (CMC200), will collect price movement data of the top 200 crypto assets weighed by market capitalization including Bitcoin.  The other–CMC Crypto 200 ex BTC Index (CMC200EX) — won’t and helps in tracking the general performance of crypto assets without the influence of Bitcoin. Interested firms can draw data from Global Index Data Service (GIDS) of NASDAQ, Börse Stuggart, Refinitiv of Reuters and the Bloomberg Terminal. Candlestick Arrangement Bitcoin Prices are hovering at last week’s close. From the chart, it is clear that sellers have the upper hand and if bears manage to drive prices below the 20-day moving average, then BTC may collapse. As we can see, we have a three-day bear reversal, but bulls are firm as prices are trading above $4,000 and Mar 16-21 lows. That’s roughly the 31.8 percent Fibonacci retracement level of Feb 24 high low and a region of interest as laid out in our last BTC/USD price analysis. If prices sink below $4,000, aggressive traders should unwind their longs and wait for pullbacks above Mar 16 highs at around $4,200. At the same time, risk-averse, conservative traders should wait for full breaks above $4,500 as prices break free from the $1,300 of the last four months. Technical Indicators Mar 16 bull bar is our base bar. With decent volumes—13k, which is still lower than those of Feb 24—36k, bears are yet to reverse its gain. As aforementioned, any drop below $4,000 or the 20-day MA with high volumes above 13k could trigger a sell-off towards $3,800 forcing liquidation of longs. If not and there are counter bars driving prices above $4,200 with equally high volumes, then traders should brace themselves for a rally towards $6,000. Bitcoin (BTC) Dominance Drop to 50 Percent, will Sell-off Boost Altcoins? was last modified: March 25th, 2019 by Dalmas NgetichThe post Bitcoin (BTC) Dominance Drop to 50 Percent, will Sell-off Boost Altcoins? appeared first on NewsBTC.
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Bitcoin Correlation Fades As Altcoins Find New Direction

The more the market changes, the more it stays the same. 2019 may yet be a watershed year for cryptocurrency adoption, but one thing hasn’t changed until now: cryptocurrencies marching in lockstep. According to the latest report by  Binance Research, the vast majority of altcoins are still largely moving in unison, with the largest cryptocurrency, Bitcoin (BTC), leading the movements of the rest of the pack. But although Binance Research found the top thirty leading cryptocurrencies are still “highly correlated” with the original digital asset, there are signs that certain projects are beginning to assert a more independent nature – especially when measured against Bitcoin itself, and not U.S. dollars. When compared to Bitcoin / USD, and based on average daily returns over the course of three months, Binance researchers determined that altcoins tend to play follow-the-leader, with an average correlation coefficient of 0.78. That figure has increased over the same period last year, when the average correlation was only 0.51.    Via Binance. Some Assets Race Ahead But that doesn’t mean all alt coins are alike. According to the report, some cryptocurrencies are affected by “idiosyncratic factors” which cause them to depart from the wider trend. “Examples of assets with the weakest correlations in USD terms include Waves (WAVES), Tron (TRX), Bitcoin Satoshi’s Vision (BSV), Binance Coin (BNB) and Dogecoin* (DOGE).” While the report does not reach any conclusions, it does suggest recent events which which could have changed the fundamental prospects for these tokens. For example, Binance Coin found new utility on the Launchpad platform, and Tronix was one of the sole currencies for its BitTorrent token sale. Waves, which raised $120 million last December, may have reduced its risk profile. Returns in BTC are uncoupling The report also highlighted another anomaly: while altcoin values are becoming more correlated in dollar terms, those correlations are actually decreasing when prices are measured in bitcoin.   Via Binance.   In other words, the top thirty cryptocurrencies are exhibiting more variance in their dollar values than in satoshis. The correlation coefficients between altcoin prices vs. bitcoin value actually fell from 0.43 to 0.24. Yes And No? Any Advance On Maybe? While the report does not come to any conclusions, there are a few likely explanations. One possibility is the increasing influence of stablecoins, which have negligible variance when measured against dollars but can exhibit strong variance with respect to Bitcoin. Another curiosity is that cryptocurrencies appear to be grouped by consensus algorithm. “Proof of Work (PoW) cryptoassets seem to exhibit higher correlations with one another than with non-PoW assets,” the researchers found, indicating that alternative consensus algorithms have more in common with one another than they have with mineable coins. The growing influence of non-PoW coins, like Tezos and TRON, could be behind the increased divergence. In addition, actual use cases for altcoins will almost certainly create divergence – at least until the product reaches a position in the market at which participants agree it is fairly valued, at which point there may be a return to longer-term convergence. Although the report stops short of making predictions, this observation will certainly draw eyes to Ethereum during the long dance from PoW to PoS. Although there are no signs of a definitive “altcoin uncoupling” that will undermine Bitcoin dominance in the near future, the gradual decline of crypto- correlations appears to suggest that some virtual currencies are starting to slip from Bitcoin’s orbit. As the marketplace for virtual assets continues to develop, and more projects bring products to the market that have perceptible value, we are likely to see more divergence from the original digital currency.   *One Doge continues to be worth one Doge, perhaps the strongest correlation of all. The author is invested in digital assets, including Bitcoin and Ethereum which are mentioned in this article. Join the conversation on Telegram and Twitter! The post Bitcoin Correlation Fades As Altcoins Find New Direction appeared first on Crypto Briefing.
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[Altcoin Discussion] Monday, March 25, 2019

Thread topics include, but are not limited to: Discussion related to recent events Technical analysis, trading ideas & strategies General questions about altcoins Thread guidelines: Be excellent to each other. All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading. This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning. No discussion about specific ICOs. Established coins only. If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too. Other ways to interact: Get an invite to live chat on our Slack group and check out the #altcoins channel Daily Discussion for bitcoin only: Daily Discussion Prior Altcoin Discussion: Altcoin Discussion
/r/BitcoinMarkets

[Altcoin Discussion] Sunday, March 24, 2019

Thread topics include, but are not limited to: Discussion related to recent events Technical analysis, trading ideas & strategies General questions about altcoins Thread guidelines: Be excellent to each other. All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading. This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning. No discussion about specific ICOs. Established coins only. If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too. Other ways to interact: Get an invite to live chat on our Slack group and check out the #altcoins channel Daily Discussion for bitcoin only: Daily Discussion Prior Altcoin Discussion: Altcoin Discussion
/r/BitcoinMarkets
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Maximine Coin Surge, eToro Adds TRON, Rakuten and Yahoo, Boss Crypto - Cryptocurrency News

Maximine coin is up more than 700% within the past 30 days. eToro also announced yesterday that they will add Tron TRX to its platform with more than 10 million registered users. Mattie will also talk about Rakuten and Yahoo continuing Mainstream Progression Towards Cryptocurrency as well as Boss Crypto, a crypto investment and education platform. ----------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: https://twitter.com/Altcoinbuzzio Facebook: https://www.facebook.com/altcoinbuzzio/ Telegram: https://t.me/joinchat/DLi8Ug8negQrbwYO-oqNRA ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: https://bit.ly/2rWQnHa CoolWallet S: https://bit.ly/2Liy5bv Trezor: https://bit.ly/2IXrZic Ledger Nano S: https://bit.ly/2IyE3al KeepKey: https://bit.ly/2x5TlhM Read about them here: https://bit.ly/2rTdthZ --------------------------------------------------------------------------------- References: BossCrypto – Crypto Investment and Education Platform https://www.altcoinbuzz.io/crypto-news/spotlight/bosscrypto-crypto-investment-and-education-platform/ Boss Crypto https://bosscrypto.co/buzz Yahoo and Rakuten Continue Mainstream Progression Towards Cryptocurrency https://coingape.com/yahoo-rakuten-progress-cryptocurrency/ Rakuten Wallet Launch Announced for March 30, 2019 https://www.ccn.com/rakuten-wallet-launch-announced-for-march-30-2019 Here’s Why Crypto Maximine Coin (MXM) Jumped 754.5% in March https://cryptoupdate.ca/heres-why-crypto-maximine-coin-mxm-jumped-754-5-in-march/ https://www.coingecko.com/en/coins/maximine https://maximine.io/ eToro adds Tron TRX to its Platform with More than 10 Million Users https://www.altcoinbuzz.io/crypto-news/product-release/etoro-adds-tron-trx-to-its-platform-with-more-than-10-million-users/ https://twitter.com/Altcoinbuzzio/status/1110447607250210817 -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Maximine Coin [MXM] Jumps 30% Higher While Top Currencies Continued Bleeding

In a continuous declining market, there’s one coin that stood out higher. Maximine Coin or MXM Coin broke a new record of entering into the graph of Top 40 cryptocurrencies with a spike of 30 percent over the past 24 hours. Why MXM Coin Pumped Higher? The value surge is quite surprising because the top crypto assets including Bitcoin, Ethereum, XRP, Litecoin, EOS, Bitcoin Cash, Binance Coin, and many other cryptos are on the way out. Nevertheless, the major concern comes after the spike of MXM Coin trading volume on CoinBene exchange which suspects to have wash trading activities. Despite this decline drive, Maximine Coin’s MXM token is ruling with rising volume among the top 40 cryptocurrencies. At the moment, the MXM’s average trading value counts $159,653,386 which has gained 30.11 Percent over the last 24 hours. Moreover, the coin is trading at $0.096818. Maximin Coin or MXM is presently available at a handful of crypto trading platforms including CoinBene, HitBTC, Coinbit, and Livecoin. Among these exchanges, the highest trading volume is split among CoinBene and HitBTC with pair of USDT, ETH, and BTC respectively. Is there anything Related to CoinBene’s Suspected Wash Trading? Looking closer at the coinmarketcap, the highest trading volume of MXM coin can be seen on CoinBene, the exchange which was once noticed of involving with wash trading activities as reported by Bitwise Asset Management. Reports further revealed that the volume is faked by the exchange itself that results to inflate actual numbers to catch user’s attention. Moreover, the exchange registered in Singapore and doesn’t need KYC for a user to have an account with. To note, the Bitforex exchange where MXM Coin will soon be listed is also based out in Singapore – moreover, Maximine Coin is reportedly registered in the same country. Additionally, recent reports reveal that the coin had gained mainstream concern from Bitforex, a Singapore based trading platform. The firm announced to list MXM coin on its exchange which many speculate and relate the coin’s significant performance with. Heard the news? 👂🏼 Seen the papers? 👀 If you haven't, keep your eyes glued to the screen and your ears wide open because @maximinecoin is coming to @bitforexcom ! 🍻🙌🏼 Details in link below! 👇🏼https://t.co/A8E21UuBz2 — MaxiMine (@maximinecoin) March 26, 2019 What do you think about CoinBene and its trading contribution to Maximine Coin? share your opinion with us  The post Maximine Coin [MXM] Jumps 30% Higher While Top Currencies Continued Bleeding appeared first on Coingape.
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