Headlines for the world of Cryptocurrencies - August 3, 2017

Bitcoin Cash to the Moon!

If you look at BCC now, it is currently at top 3 in terms of crypto market capitalization and has been very volatile from up 690 and down to 320 on the same day yesterday. This effect lifted up the whole bullish cryptocurrency market back to $100 Billion market cap. Prices are now average at 400+ usd but still we are in crazy times for BCC apparently. It is simply a mix of market sentiment signalling both sells and buys of the said currency. In the near future once supply or demand proves to be higher than the other, we will be seeing a trend. It's counterpart, Bitcoin's prices tend to stay on the 2500-2750 line which is a good stable signal.

Binance - a new Crypto market offering zero trading fees

With the current massive growth and demand of cryptocurrencies, most exchanges suffer from increasing numbers of customers strong enough to create server outages. Here comes Binance disrupting the whole ecosystem again with their promise of ZERO trading fees. Binance, a new kid on the block, promises supreme trading architecture powered but pure speedy machine engine that ensures smooth trading. Currently they have a few crypto pairs including EOS, BNT, SNT and QTUM in their roster.

That's it for today's grind! Stay tuned for tomorrow where we discuss more upcoming crpyto events.