Bitcoin Took a Hit Last Week But These Cryptos Fared Worse – CoinDesk
Bitcoin Took a Hit Last Week But These Cryptos Fared Worse NEWS Omkar Godbole May 21, 2018 at 14:35 UTC
Bitcoin hogged the limelight in the cryptocurrency markets last week as it fell to one-month lows below $8,000.
Yet, while the world’s largest cryptocurrency by market capitalization suffered a 3.6 percent week-on-week drop in prices, it still outclassed other major names like bitcoin cash (BCH) and EOS, which both reported double-digit losses.
Meanwhile, the previous week’s winner zilliqa (ZIL) fell almost 20 percent to become the biggest loser among the top 25 cryptocurrencies by market capitalization.
On the plus side, privacy-focused zcash rallied 50 percent and topped the list of winners as investors cheered a new exchange listing. Top 3 losers (May 11-18) Zilliqa (ZIL)
Closing price on May 11: $0.1677 Current market price: $0.1455 Rank as per market capitalization: 25
Zilliqa dropped close to 20 percent in the week ended May 18, having rallied 13.8 percent in the previous week. However, the cryptocurrency was overdue for a healthy correction after a solid rally to record high of $0.2306 on May 10.
While the investor community is keenly eyeing a Singapore meetup at which the zilliqa developers will give a preview of its new smart contract language Scilla, the pre-event excitement has not put a bid under the token. ZIL/BTC daily chart
A break below the May 18 low of 0.00001608 BTC would establish a lower highs and lower lows (bearish setup) pattern and allow a deeper drop to 0.00001430 BTC (50 percent Fibonacci retracement). The 10-day moving average is trending south in favor of the bears. EOS
Closing price on May 11: $14.90 Current market price: $13.60 Rank as per market capitalization: 5
EOS fell to three-week lows below $12 last week, according to Bitfinex, indicating the excitement surrounding the coming mainnet launch is no longer boosting its price. However, the cryptocurrency did defend the 50-day moving average (MA) and moved back above $13.00 as seen in the chart below. Daily chart
Notably, the ascending trendline (in red) is still intact, and EOS is trading well above the 50-day, 100-day and 200-day moving averages, suggesting the long-run technical outlook remains bullish.
A high volume break above the descending trendline resistance, currently at $15.62, would allow a re-test of record highs around $23.00. On the downside, acceptance below the rising trendline would signal a bearish trend reversal – i.e. the rally from the March 18 low of $3.87 has ended. Bitcoin cash
Closing price on May 11: $1,372 Current market price: $1,250 Rank as per market capitalization: 4
Bitcoin cash (BCH) ran into offers around $1,500 on May 13/14 and fell to a low of $1,128 on Bitfinex on Friday – the lowest level since April 22.
A planned software upgrade (or hard fork) to introduce new features came into effect on May 15 as expected, but around 20 percent of nodes have still not upgraded – perhaps negating any potential price boost from the news.
Subsequently, the weekend’s rally in bitcoin prices seems to have had a positive impact and BCH did regain bid tone, but it failed to cut through the key moving average, as seen in the chart below. 4-hour chart
BCH is now back below the head-and-shoulders neckline, having faced rejection at the descending (bearish) 50-candle moving average hurdle. As a result, the recent low of $1,128 could again be put to test.
A daily close below that level would mean the rally from the April low of $600 has ended and could yield a drop to levels below the $1,000 mark.
However, a move above $1,500 (last week’s high) would put the bulls back in the driver’s seat.
Roller coaster image via Shutterstock The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies . CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Colorado’s Politicians Could Soon Be Accepting Crypto Contributions – CoinDesk
Colorado’s Politicians Could Soon Accept Crypto Contributions NEWS May 21, 2018 at 11:00 UTC | Updated May 21, 2018 at 11:09 UTC
The state of Colorado could soon allow political committees to accept contributions in cryptocurrency.
The Office of the Colorado Secretary of State published a new working draft of its “Rules Concerning Campaign and Political Finance” on Wednesday, which notably includes a new section on cryptocurrency donations.
The document , which updates the Code of Colorado Regulations, does not specify any particular cryptocurrencies in the new rule, but does allow for market volatility and includes certain restrictions.
The proposed guidance states:
“A committee may accept contributions in cryptocurrency, up to the acceptable limit for a cash or coin contribution. The amount of the contribution is the value of the cryptocurrency at the time of the contribution. The committee must report any gain or loss after the contribution as other income or receipts.”
Further sections note that anonymous contributions must be below $20, with contributions at or above that level being donated to a charitable organization or the state treasurer.
No maximum limit is specified in the document for contributions from identified donors, instead referring to supplementary documentation. According to the Secretary of State’s website , this limit can range from $200 to no prohibition, depending on the position for which a candidate is running.
Residents of Colorado can provide feedback to the secretary’s office on the draft until 5:00 p.m. local time on May 23. If approved, Colorado would become the latest state to allow cryptocurrency donations for this purpose.
The Federal Election Commission – which oversees national-level campaigns – previously announced it would allow bitcoin donations to political campaigns, as previously reported by CoinDesk. However, it is unclear whether the 2014 guidance would apply to the wider set of cryptocurrencies which exist today.
Vote button image via Shutterstock
Another Bytecoin Price Pump Materializes out of the Blue – The Merkle
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It has been almost two days without a Bytecoin price pump, but that situation is being rectified as we speak. This seemingly popular altcoin is getting a lot of interest from speculators as of late, even though it remains unclear why that is the case. Thanks to another 26.31% price increase, its value has now shot up to $0.011 once again . The Bytecoin Price pump Cycle Continues
It is not the first time this month the Bytecoin price becomes massively inflated for no good reason. About a week ago, the price surged from $0.006 to $0.017 despite no real big news being announced or no new use cases coming to the table. Similar to most altcoins, there are very few reasons to own Bytecoin other than speculative reasons and hope things will get better eventually.
Even so, that is not keeping speculators from driving up the Bytecoin price at this stage. With another 26.31% pump in the past 24 hours, this particular altcoin is certainly heading in an interesting direction. Although it only barely holds on to the $0.011 mark right now, it is certainly possible that will not be the highest level for today. The cryptocurrency industry is trying to recover from a rough weekend, but it will not be easy to do so.
As one would come to expect, the Bytecoin price benefits from a strong gain over Bitcoin as well. The BCN/BTC ration has increased by 28.35% in the past 24 hours, which is a pretty interesting development. As long as Bitcoin remains stuck in sideways trading, it is up to the altcoins to drive the total cryptocurrency market cap back toward $400bn. The role of Bytecoin in this specific process has yet to be determined, although this current price trend hints at positive things for the industry as a whole.
With $159.466m in 24-hour trading volume , Bytecoin isn’t doing anything impressive. It is solid volume to keep the current momentum going, nut compared to real top cryptocurrencies, it isn’t anything out of the ordinary. CoinMarketCap still claims BCN suffers from potential wallet issues, although it seems most of those problems have been resolved in the process.
Anyone who guessed how Binance would be the leading trading platform for Bytecoin during this new pump is absolutely correct. Its BTC pair generates 78.32% of all trades, further confirming no one else really cares about BCN. Poloniex is in second place, followed by HitBTC. All three exchanges trade BCN against Bitcoin, but the latter two do so in far less spectacular fashion.
How the Bytecoin price will evolve, is always difficult to predict. It is a market which makes little to no sense right now, but it is certainly possible future gains are a part of the game. If that is indeed the trend, the Bytecoin price can hit $0.015 later today, although it remains to be seen when the bagholders will begin cashing out. Now is a good time to start taking profits, as this momentum will not be sustained much longer. About The Author Jdebunt
JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world’s leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector. Search Site
Zcash Price Jumps Over 50% for the Week Ahead of Gemini Listing
Zcash Price Jumps Over 50% for the Week Ahead of Gemini Listing Advertisement Join our community of 10 000 traders on Hacked.com for just $39 per month.
Zcash, the 21st-largest cryptocurrency with a market cap of more than $1.4 billion, jumped more than 50% this week, according to CoinMarketCap, pushed by the news that the Gemini exchange will list the cryptocurrency next week.
The New York Department of Financial Services approved Gemini’s request to add three ZEC markets – ZEC/USD, ZEC/BTC and ZEC/ETH – making it the exchange’s third cryptocurrency. The exchange already supports trading pairs for ether and bitcoin. Gemini has also been approved to list bitcoin cash and litecoin, but it has not said when these cryptocurrencies will be added. Postive Outlook
The New York department’s approval bodes well for zcash, as the state is considered by many to be one of the strictest regulatory bodies in the U.S. Tyler Winklevoss, Gemini CEO, said zcash brings the strength of its privacy, an advantage that bitcoin lacks. Zcash Price Chart | Source: CoinMarketCap
The zcash price jumped from $248.22 to $381.43 from May 13 to 15. After dipping to $308.47 on May 17, the price was back to $377.56 the next day with a market cap of just under $1.5 billion,and was back down to $355.65 today. The cryptocurrency has seen $181 million in volume in the last 24 hours.
That said, the zcash price remains well below the all-time high of $876.31 it reached on Jan. 7, which gave it a $2.635 billion market cap. The price then tumbled to $187.78 by April 8 before mounting a recovery to its current price.
Also read: Winklevoss-led Gemini becomes ‘world’s first licensed Zcash exchange’ A Standout Performance
Zcash’s performance stood out among altcoins for the past week, as the cryptocurrency market lost more than $42 billion in a three-day period. On May 18, bitcoin fell below the $8,000 mark for the first time since the middle of April.
Brian Kelly, BKCM founder and CNBC Fast Trader contributor, said the market did not reflect the positive news that Morgan Stanley, JPMorgan, Goldman Sachs and the New York Stock Exchange acknowledged they would create cryptocurrency platforms to allow clients to invest in cryptocurrency.
Featured Image from Shutterstock
Here’s Why Bitcoin Is Becoming More Valuable – Crypto Daily
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Bitcoin has remained at the centre of focus for the cryptocurrency industry. Whether it is performing well, or not, you can almost guarantee that someone will be talking about it for good or bad. At the moment though, the news seems to be good, and experts are even predicting that it is destined for even greater heights in the future!
One reason that Bitcoin has been predicted to go far is due to the simplicity of the Bitcoin blockchain. It was the first successful implementation of the distributed ledger framework via a blockchain . Because it was the first of its kind, in the years that Bitcoin has been created, there have been many other iterations of the technology, but not all have been successful.
Certain updates, such as SegWit and the Lightning Network have meant that the efficiency of the blockchain can be improved even more. One thing that is for sure though, even with these improvements, the Bitcoin blockchain remains to be simple and basic, which adds to it’s a appeal, especially to those who are less technologically minded.
We can also note the fintech revolution as part of the reason for their success. Bitcoin has started to dominate fintech, especially since recent reports have shown that the Square Cash app is overtaking Paypal’s Venmo in terms of growth. In the first quarter of this year alone, Square has sold $34 million worth of Bitcoin.
Bitcoin is at the heart of fintech growth in areas such as Africa, with a lot of payment platforms beginning to offer Bitcoin products. This has made payments a lot easier.
Despite cryptocurrencies in their nature being incredibly volatile when it comes to the price, Bitcoin has, overtime shown itself to be relatively resilient to market events that sends other prices up and down. Bitcoin, on the whole only suffers single digit declines, and it has been predicted that as the market matures, Bitcoin will show even less of a reaction. This is great news for the oldest cryptocurrency.
Finally, as time goes on, Bitcoin will continue to be adopted into the mainstream finance world. A recent example of this is when Nasdaq recently partnered with Gemini to ensure the fidelity of the exchange platform’s Bitcoin trading infrastructure.
Despite seeing some price falls at the beginning of the year, 2018 has been great for Bitcoin inclusion. Both Coinbase and Goldman Sachs have recently unveiled products that have been targeted at institutional investors, along with OTC Bitcoin trading decks that will soon allow significant Bitcoin buy and sell orders without it negatively impacting the market. Share This Post
Central Bank Cryptocurrencies Debate Rages On
Central Bank Cryptocurrencies Debate Rages On May 19, 2018 2:30 pm by Michelle Jones
The thought of a central bank cryptocurrency may seem like a bit of an oxymoron, but apparently, some countries are looking into the plausibility of creating one. If any of them ever become a reality, central bank cryptocurrencies will likely be linked to fiat currencies and be more like digital versions of them rather than true cryptocurrencies. After all, it’s hard to imagine any central bank in any country creating a digital currency that’s totally anonymous. However, that hasn’t kept regulators in some countries from discussing the topic. QuinceMedia / Pixabay
The great debate about central bank cryptocurrencies
Morgan Stanley strategist Sheena Shah released a report on central bank cryptocurrencies this month, outlining what regulators are saying about the topic in various countries. She explained that multiple central banks are talking about introducing a digital form of cash using various platforms, including everything from current platforms to others based on the blockchain.
Regulators who are thinking about central bank cryptocurrencies see it as potentially a way to better monitor and track currency flows. Shah doesn’t believe central banks will use bitcoin or any other private blockchain networks. Instead, she expects regulators to create their own digital currencies. She also noted that there aren’t many transactions that do support cryptocurrencies for payments, which means that they don’t “currently exert a significant influence on macro outcomes.”
Rather, she believes that regulators are focused on understanding digital currencies from the perspective of “financial stability.”
Cryptocurrencies and interest rates
One particularly interesting theory expressed by Shah is in connection with interest rates. Several major central banks around the world resorted to negative interest rates for a time, as they tried to spur recovery in the global economy. Shah believes that a 100%-digital monetary system might enable central banks to push rates even deeper into negative territory.
She explained that when there is paper currency circulating freely, regulators are limited in how low they can push deposit rates. Theoretically, the only way negative rates can spread throughout an economy is if all deposits are held in the banking system.
However, digital currencies may enable negative rates on all of the money that’s in circulation throughout the entire economy. She added that this theory is challenged though by the reality that “deep and long-standing negative rates” eventually become a problem for central banks. The result would be that regulators would be forced to “go direct to currency users to implement monetary policy, reducing leverage in the system significantly and cutting GDP growth.”
According to Shah, this debate is still theoretical, so it’s unclear what central banks might decide about it.
Sweden considers an e-krona
One country in which central bank cryptocurrencies are being discussed more seriously than in others is Sweden, and according to Shaw, the country has the greatest percentage of card payments among developed countries. Sweden also has low levels of cash currently in circulation, as regulators have taken multiple steps to limit the amount of cash that’s available. Shah also said that other countries with little cash circulating may be more interested in central bank cryptocurrencies than other countries.
She also said that Sweden is considering creating an e-krona because regulators are worried about cash usage falling too fast, which she said could make it “difficult to maintain the cash infrastructure.” Swedish regulators are now soliciting feedback from tech firms about how they could implement an e-krona.
Although she didn’t mention Russia, regulators there are also close to creating a cryptoruble, Stratfor said last month. The Kremlin apparently plans to profit off all the illicit monetary activities that go on in the country by attaching a 13% transaction fee whenever investor buy cryptoruble without documenting where their funds came from.
Venezuela’s petro cryptocurrency is another example of a national digital currency, although it was created to enable the nation to dodge U.S. sanctions amid a climate of hyperinflation. China has also said it plans to create a digital currency as it tries to eliminate private cryptocurrencies by banning them.
Japan isn’t planning a central bank cryptocurrency
An official with the Bank of Japan said last month at a conference with the International Monetary Fund that they don’t plan to create their own cryptocurrency because of concerns about financial stability. It makes sense, as Shah reported that the Asian nation has one of the highest levels of cash in circulation relative to its GDP among both developed and emerging markets. Last year, Japanese regulators said they aim to double cash-less payments over the next decade by encouraging use of the blockchain.
However, even though Japanese regulators say they don’t plan to create a central bank cryptocurrency, Shah said she wouldn’t be surprised if they did create one at some point.
Debate about central bank cryptocurrencies rages on
Meanwhile, the debate about central bank cryptocurrencies continues in developed countries. Just this week, Federal Reserve Governor Lael Brainard said that central bank cryptocurrencies present too great of a risk. She warned that such a network could make it easy for hackers to attack the monetary system while also providing an easy way to launder money. She also told a digital currency forum in San Francisco that she sees “no compelling demonstrated need” for a Fed-backed cryptocurrency.
Further, she said that just creating a central bank cryptocurrency would present massive technological challenges and present other risks, such as making it harder for banks to make loans for certain activities.
Brainard isn’t the only Fed official who’s against creating a Fed-backed digital currency. Officials with the St. Louis Federal Reserve also argued against a Fed-backed cryptocurrency last month, explaining that the very nature of a cryptocurrency runs counter to what central banks do. They explained that it would theoretically be easy for a central bank to create its own digital currency based on the Ethereum blockchain or on a new blockchain created by the central bank itself.
Cryptocurrencies versus digital currencies
However, they said creating a “Fedcoin” could create immense “reputational risk” because it could be used for money laundering or by terrorists to buy weapons. They also said banks would begin to question why they should be required to follow “know your customer” and “anti-money laundering” regulations when the Fed itself is undermining these same regulations by creating “an anonymous cryptocurrency with permissionless access.”
Essentially, they pointed out that a digital currency is only a cryptocurrency when it offers an anonymous way to complete transactions—something central banks probably wouldn’t or shouldn’t do. However, the St. Louis Fed officials are in favor of a fiat currency-backed digital currency.”
At the end of the day, it seems like the debate about central bank cryptocurrencies hangs at least partially on semantics. It’s one thing for regulators to create a digital currency backed by their country’s own fiat currency, and another thing for them to build a blockchain-based network that offers all the anonymity of major cryptocurrencies. Author: Michelle Jones Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses. Sign Up For Our Free Newsletter Leave this field empty if you’re human: Latest News
Infinity Economics (XIN) Market Capitalization Achieves $0.00
Posted by ABMN Staff on May 19th, 2018 // No Comments
Infinity Economics (CURRENCY:XIN) traded up 3.4% against the U.S. dollar during the twenty-four hour period ending at 18:00 PM E.T. on May 19th. Infinity Economics has a market capitalization of $0.00 and approximately $110,962.00 worth of Infinity Economics was traded on exchanges in the last day. One Infinity Economics coin can currently be bought for $0.0086 or 0. 105 BTC on popular exchanges including BitBay, InfinityCoin Exchange, Coinbe and Sistemkoin. In the last week, Infinity Economics has traded 4.5% lower against the U.S. dollar.
Here is how related cryptocurrencies have performed in the last day: Get Infinity Economics alerts: Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $8,243.96 or 1. BTC. Bitcoin Cash (BCH) traded down 2.2% against the dollar and now trades at $1,179.52 or 0.14322500 BTC. Steem (STEEM) traded up 2.2% against the dollar and now trades at $3.06 or 0.00037208 BTC. Emercoin (EMC) traded up 1.2% against the dollar and now trades at $3.07 or 0.00037328 BTC. BitcoinDark (BTCD) traded 2.7% higher against the dollar and now trades at $93.04 or 0.01129810 BTC. Experience Points (XP) traded up 48.9% against the dollar and now trades at $0.0003 or 0. 4 BTC. Peercoin (PPC) traded 0.1% lower against the dollar and now trades at $2.64 or 0.00031996 BTC. Counterparty (XCP) traded 1.5% higher against the dollar and now trades at $14.93 or 0.00181285 BTC. Steem Dollars (SBD) traded down 0.7% against the dollar and now trades at $2.25 or 0.00027291 BTC. Namecoin (NMC) traded down 1.5% against the dollar and now trades at $2.04 or 0.00024753 BTC.
About Infinity Economics Infinity Economics is a Proof-of-Stake (PoS) coin that uses the SHA-256 hashing algorithm. It launched on January 27th, 2017. Infinity Economics’ total supply is 9,000,000,000 coins. Infinity Economics’ official website is www.infinity-economics.org . Infinity Economics’ official Twitter account is @XIN_Foundation and its Facebook page is accessible here . Infinity Economics’ official message board is forum.infinity-economics.org .
Buying and Selling Infinity Economics
Infinity Economics can be purchased on these cryptocurrency exchanges: Sistemkoin, Coinbe, InfinityCoin Exchange and BitBay. It is usually not presently possible to buy alternative cryptocurrencies such as Infinity Economics directly using U.S. dollars. Investors seeking to trade Infinity Economics should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Infinity Economics using one of the exchanges listed above. Receive News & Updates for Infinity Economics Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Infinity Economics and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter . «
Sojourn Tops 24-Hour Volume of $0.00 (SOJ)
Sojourn (CURRENCY:SOJ) traded flat against the U.S. dollar during the 24-hour period ending at 18:00 PM Eastern on May 19th. One Sojourn coin can now be purchased for approximately $0.23 or 0.00002573 BTC on popular exchanges. Sojourn has a market capitalization of $113,909.00 and approximately $0.00 worth of Sojourn was traded on exchanges in the last day. In the last seven days, Sojourn has traded flat against the U.S. dollar.
Here’s how similar cryptocurrencies have performed in the last day: Get Sojourn alerts: DNotes (NOTE) traded flat against the dollar and now trades at $2.48 or 0.00026178 BTC. GoldCoin (GLD) traded 2.3% lower against the dollar and now trades at $0.25 or 0.00003012 BTC. Anoncoin (ANC) traded down 15.9% against the dollar and now trades at $2.43 or 0.00029511 BTC. Bitmark (BTM) traded up 0.3% against the dollar and now trades at $0.55 or 0.00006719 BTC. CampusCoin (CMPCO) traded 1.1% higher against the dollar and now trades at $0.0073 or 0. 88 BTC. Rupee (RUP) traded 2.8% higher against the dollar and now trades at $0.0835 or 0.00001016 BTC. BunnyCoin (BUN) traded 74.3% lower against the dollar and now trades at $0.0000 or 0. BTC. Footy Cash (XFT) traded 14.3% higher against the dollar and now trades at $0.40 or 0.00004315 BTC. Creativecoin (CREA) traded down 0.1% against the dollar and now trades at $0.12 or 0.00001509 BTC. The Cypherfunks (FUNK) traded 13.5% lower against the dollar and now trades at $0.0000 or 0. BTC.
Sojourn Coin Profile Sojourn is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It launched on July 12th, 2017. Sojourn’s total supply is 852,366 coins and its circulating supply is 485,214 coins. Sojourn’s official Twitter account is @john_sojourn . The official website for Sojourn is www.sojournbooking.net .
Buying and Selling Sojourn
Sojourn can be purchased on these cryptocurrency exchanges: . It is usually not currently possible to buy alternative cryptocurrencies such as Sojourn directly using US dollars. Investors seeking to trade Sojourn should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Sojourn using one of the exchanges listed above. Receive News & Updates for Sojourn updates for Sojourn and related cryptocurrencies CryptoBeat newsletter . «
Universe Price Reaches $0.0491 (UNI)
Universe (CURRENCY:UNI) traded 8.9% lower against the US dollar during the 24 hour period ending at 19:00 PM E.T. on May 19th. One Universe coin can now be bought for approximately $0.0491 or 0. 596 BTC on major cryptocurrency exchanges including YoBit and BTC-Alpha. Over the last week, Universe has traded down 19.9% against the US dollar. Universe has a market cap of $1.09 million and approximately $62.00 worth of Universe was traded on exchanges in the last day.
Here’s how other cryptocurrencies have performed over the last day: Get Universe alerts: Pandacoin (PND) traded 17.8% $0.0002 or 0. 2 BTC. FORCE (FOR) traded 4.4% $0.0251 or 0. 305 BTC. DraftCoin (DFT) traded up 5.4% $0.16 or 0.00001908 BTC. Zennies (ZENI) traded 9.5% higher $0.0009 or 0. 11 BTC. Ultimate Secure Cash (USC) traded 21.4% higher $0.0328 or 0. 398 BTC. HiCoin (XHI) traded down 13.1% $0.0006 or 0. 7 BTC.
About Universe Universe (CRYPTO:UNI) is a proof-of-stake (PoS) coin that uses the Scrypt hashing algorithm. Its genesis date was March 9th, 2017. Universe’s total supply is 33,397,351 coins and its circulating supply is 22,197,351 coins. Universe’s official website is unicoin.pw . Universe’s official message board is forum.unicoin.pw . Universe’s official Twitter account is @Unicoin_UNI .
Universe Coin Trading
Universe can be traded on these cryptocurrency exchanges: YoBit and BTC-Alpha. It is usually not possible to buy Universe directly using US dollars. Investors seeking to trade Universe should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase , GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Universe using one of the aforementioned exchanges. Receive News & Updates for Universe Universe
SOILcoin (SOIL) 1-Day Volume Hits $67.00
SOILcoin (CURRENCY:SOIL) traded 3.4% lower against the US dollar during the 1-day period ending at 19:00 PM E.T. on May 19th. Over the last week, SOILcoin has traded down 1.9% against the US dollar. One SOILcoin coin can now be purchased for $0.0132 or 0. 160 BTC on popular exchanges. SOILcoin has a market capitalization of $75,107.00 and $67.00 worth of SOILcoin 24 hours.
Here’s how other cryptocurrencies have performed over the last 24 hours: Get SOILcoin alerts: Bitcoin (BTC) traded down 0.2% $8,232.47 or 1. BTC. Ethereum (ETH) traded 0.4% higher $695.34 or 0.08446820 BTC. Bitcoin Cash (BCH) traded down 1.5% $1,184.65 or 0.14390800 BTC. Litecoin (LTC) traded 0.6% $135.09 or 0.01640920 BTC. Monero (XMR) traded 2.6% $197.66 or 0.02400960 BTC. Ethereum Classic (ETC) traded 1.5% $17.69 or 0.00214830 BTC. Bytecoin (BCN) traded 4.5% $0.0088 or 0. 107 BTC. Zcash (ZEC) traded 4.8% $343.80 or 0.04176330 BTC. Bitcoin Gold (BTG) traded 1.5% $53.08 or 0.00644790 BTC. Verge (XVG) traded 0.8% $0.0531 or 0. 645 BTC.
SOILcoin Profile SOIL is a proof-of-work (PoW) coin that uses the Dagger hashing algorithm. Its launch date was October 3rd, 2015. SOILcoin’s total supply is 5,702,048 coins. SOILcoin’s official Twitter account is @soilcoin . SOILcoin’s official website is soil.cash . The Reddit community for SOILcoin is /r/SOILcoin and the currency’s Github account can be viewed here .
According to CryptoCompare, “SOIL uses DAGGER algorithm. Dagger was creted by Vitalik Buterin and it’s a GPU-Friendly, Memory intensive, ASIC-proof consensus algorithm. “
Buying and Selling SOILcoin
SOILcoin can be traded on these cryptocurrency exchanges: Cryptopia. It is usually not currently possible to purchase alternative cryptocurrencies such as SOILcoin directly using U.S. dollars. Investors seeking to acquire SOILcoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase . Investors can then use their newly-acquired Ethereum or Bitcoin to purchase SOILcoin using one of the exchanges listed above. Receive News & Updates for SOILcoin SOILcoin