CRYPTO MARKET UPDATE 8/28/2018
Bitcoin: +$7,077.22
BCH: +$554.53
Market Cap: +$230,013,167,263
24 Hour Volume: +$13,049,310,913
Bitcoin Dominance 53 % V
BitCoin Google Trend Ranking: +8 (0 movement since 8/23)
Coin Popularity
Special Thanks to coingossip.club
LAST 24H BIGGEST GAINERS AND LOSERS
Biggest Winners
(TIC) ThingsChain 45.30% p:N/A
(OST) OST 34.55% p:$0.041566
(EDU)EduCoin 34.49% p:$0.000714
BIGGEST LOSERS
(PNT) Penta -32.64% p:$0.001506
(IIC) Intelligent Investment -24.27% p:$ 0.000483
(NPXSXEM) PundiXNem -7.08% p:$ 0.001925
UPCOMING TRAEDABLE EVENTS
(AUGUST 29, 2018)
(LSK) Lisk core 1.0 on Mainnet launched
(AUGUST 30, 2018)
(BAY) BitBay releases Programmable smart contracts
(TRX) Tron MainNet Launches
NEWS
(DASH) DASH has continued a strong uptrend with the most recent surge at 27% after the announcement of it's new partnership with Kripto Mobile. An App that is spreading like wildfire throughout Latin America, specifically Venezuela where the Bolivar is experiencing Hyper Inflation.
(BTC) Bitcoin is hovering around the $7,000 ceiling. We could see a correction back down or if the price holds over 7k a surge into the 8k and 10 k range, as we wait to see the new SEC ETF rulings coming in September.
(CRYPTO) Cryptocurrencies again are in the spotlight from the Mainstream. Bitcoin, Boom or Bust will be airing on CNBC today at 1800 EST.
(CRYPTO) Jesse Powell, CEO of the popular crypto Exchange, Kraken, has predicted that before 2018 is out that all cryptocurrency MarketCap will reach 1 Trillion USD.
(CRYPTO) The 21 million USD Pension fund market has begun to slowly pour it's assets into blockchain as institutions are seeing regulation making crypto a safer bet. Even Lloyd's of London is getting in on the action, the centuries old firm feels it is time to take a step into the future.
(XLM) Stellar Lumens has achieved the milestone of 1 million active users and also processed around 25 million transactions.
(XRP) Ripple which days ago created a strong bull flag signal and has risen in price as we called it here as a buy is now possibly creating a cup and handle set up which will be the springboard to a massive jump in price. Although the candles are not quite there, it is clear that if the trend keeps up we should see the handle within a couple days.
On The Macro level Im feeling pretty bullish. Article after article when browsing the crypto sites, blogs, apps and podcasts the one common factor that we keep seeing is the amount of traditional fortune 500 companies investing into the tech and at least flirting with the idea. Institutions which have hundreds of employees and move billions of dollars a year will be the catalysts to propel crypto into the stratosphere. Once they all are on board the explosion in crypto will be unlike anything ever seen before in markets, as the crypto market cap is a mere 200 Billion in comparison to the relatively small Tokyo stock exchange which moves 9 trillion dollars in assets. It is still early to get in the game and with all the Technical and news related analysis have signaled for the strong possibility of the end of this brutal bear market.
