BlockMedia.com Report #8 - Weekend Report

BlockMedia.com Report - Weekend Report from Monday - Friday. Hang on.

Not a good Monday to start investing in CryptoCurrency. The Top 10 coins are all in red, seeing Ethereum down from $340.54 (last week Ethereum price) to $284.75 maybe one reason is the self-inflicted DDOS to Ethereum network when investors trying to buy Bancor tokens during ICO offering.

The question is ... Ethereum is ready for to support other future larger request of ether ICO launch? Are they ready to scale big time? I hope they do to keep the momentum going, otherwise another version of coin will pop-up anytime soon. This is a big task for Vitalik Buterin and I hope the solution is part of it's next release Metropolis.

Here's the chart of Ethereum today.

And the Top 10 Chart.

Today, is also the big day for EOS.IO the start of Token Distribution to get funding to interested investors. By the way, if you're a US Citizen you are not encourage to invest due to regulation. I will cover that topic in a separate post.

I checked EOS.IO website, sadly it is down. They need to hire me to better keep their website up all the time :)

Though Block.One website is up.

Block.One also warm prospective investors regarding fake addressess and scam sites pop up all over. Here's the email I received from them.

I checked EOS.IO website after a couple hours after, they are back online.

Actually, it is better to invest now where people selling their coins for a cheap price. Always do your "due diligence" before your invest your hard earned money.

STEEM at $1.62 per coin, see chart below.

BitShares at $0.249220, see chart below.

Dogecoin at $0.002586, see chart below.

And if Bitcoin is too expensive for you, Ethereum is at $259, see chart below.

 

Update: June 26, 2017 7:00 PM The cryptocurrency trading bounce back, see chart below.

Update: June 27, 2017 7:00 am - The cryptocurrencies continue to decline today and an excellent opportunity for investors to stock up their portfolio. Bitcoin $2418.77, Ethereum $243.34, Ripple $0.262862, Litecoin $37.10, Ethereum Classic $18.11. See the prices of other coins.

Despite of the majority declined, MonaCoin (MONA) still showing a continuous gain now at $0.660077. See chart below.

Some people panic when they see their stock continue to dip, but other investors are very happy because it gives them the opportunity to buy. How about you, what's your game plan?

Steem $1.48

Update: June 28, 2017 7:00 am. The cryptocurrencies trading looks good this morning and we hope to continue at the end of June. I want to point out two coins today, CloakCoin (CLOAK) and ION (ION) who makes a good run for the last 7 days even on rough day of trading. The CloakCoin at $9.53 with the marketcap of $48M and ION at $2.78 marketcap of $39.9M, both in outstanding result this week 144% and 458% trading gain respectively. Disclaimer. I don't own any of these coins.

CloakCoin Chart

ION Chart

And the rest of Top 20 cryptocurrencies.

Update: June 29, 2017 6:00 am. Ethereum gain at least $10 from yesterday trading from $295.30 up to $312.04 as of writing this update. Another cryptocurrency to check today is AntShares (ANS) who as a gain of 26.24% for the last 7 days of trading.

AntShares Chart at $9.27

Top 20 Chart for June 29, 2017.

Update: June 30, 2017 11:30 pm. Interesting week in cryptocurrencies before going to July 4th Holiday in the USA. The Top 10 Cryptocurrencies still bleeding red, and we just hope a better outcome next week. #CryptoForever.

Top 10 Cryptocurrencies.

The total number of cryptocurrencies jump to 927, not including QUE Coins I've created this week. Here's are the newest cryptocurrencies in the market today. Some interesting token names e.g. President Trump (PRES), President Clinton (HILL), President Sanders (BURN) wait he didn't make it last election, StrongHands (SHND), GolfCoin (GOLF), and many other coins.

As always, do your own due diligence before investing your hard earned money. Update will continue ...

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Image graph from coinmarketcap.com

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