Welcome to my Cryptocurrencies Market Overview for Monday, February 12, 2018.
Today in the news:
- The cryptocurrency markets have begun the week quite positive.
- U.Cash price pumps over 300% to $0.20 for no apparent reason.
- International regulatory action on cryptocurrencies is inevitable, according to Christine Lagarde (IMF).
- Two small European banks are moving to increase investor access to Bitcoin.
- And more crypto news below...
24 Hour Change
Realtime chart on my website CoinMarkets.today
7 Day Change
Month-to-Date Change
24 Hour Volume
Market Capitalization
Bitcoin daily chart
Feel free to use and share my charts, but please mention me as the author.
Latest Crypto News - February 12, 2018
Cryptos Go Green as Market Cap Holds Above $400 Billion
The cryptocurrency markets have begun the week on a positive note, with the total market capitalization of all currencies consolidating above the $400 billion mark.
Read more: coindesk.com
Other sources about Bitcoin's price:
- Bitcoin inches closer to $9,000, with cryptos higher across the board
- Bitcoin Price Eyes $9,000 as Markets Recover from Sunday Dip
IMF Chief Lagarde: Global Cryptocurrency Regulation Is 'Inevitable'
Christine Lagarde, head of the International Monetary Fund, has stated that international regulatory action on cryptocurrencies is "inevitable."
Read more: coindesk.com
Other sources:
- IMF Chief Christine Lagarde Says International Crypto Regulation Is ‘Inevitable’ And Necessary
- Cryptocurrency Regulation ‘Inevitable,’ Says IMF Chief Christine Lagarde
Small European Banks Bullish On Bitcoin
While larger banks across Europe and the world are cracking down on bitcoin investments, a subset of European small banks is bucking that notion and is actually moving to increase investor access to bitcoin. These banks are also, according to Financial Times reports, advising firms on ICOs despite the fact that regulators are trying to get that market under control.
Read more: pymnts.com
U.Cash Price Pumps to $0.2 for no Apparent Reason
No one will be surprised to learn there is still plenty of manipulation going on in the world of cryptocurrencies. We see some very strange market momentum, especially when a currency no one has heard of suddenly enters the market cap top 20.The U.Cash price has suddenly surged by over 750% in the past 24 hours, which means this currency how has a market cap of over $1.78bn. With just $4.17m in 24-hour trading volume, it is evident this U. Cash price trend is a pump-and-dump cycle first and foremost.
Read more: themerkle.com
China's State Media Takes Aim at Crypto Trading, ICOs
China's state-own news agency appears to be stepping up its rhetoric on over-the-counter (OTC), crypto-to-crypto trading and overseas initial coin offerings (ICOs) that still remain active in the country, calling them an attempt to bypass existing regulation.
Read more: coindesk.com
A World First: Gibraltar Plans to Regulate and Legalize Initial Coin Offerings
The Government of Gibraltar is weighing up legislation to regulate initial coin offerings (ICOs) and their secondary markets.
Read more: ccn.com
Europol: Cryptocurrencies Help Launder 3% to 4% of Illegal Money
Europol Director Rob Wainwright said that authorities continue to have issues combatting the use of cryptocurrencies for money laundering.
Read more: cryptovest.com
Funny Name or Not, Schnorr Is a Big Deal for Bitcoin
Schnorr signatures are seeing renewed interest from bitcoin developers. But what is the technology and why is it seeing so much attention?
Read more: coindesk.com
Iceland: Crypto Mining Companies Will Consume More Energy Than Households In 2018
Iceland is set to consume more energy for crypto mining than for household use this year, the Associated Press reports Monday, Feb. 12. The naturally cold climate and access to renewable energy are listed as the primary reasons for the influx of crypto mining companies to the Nordic island nation.
Read more: cointelegraph.com
Other sources:
UK Government Websites Hit By Crypto Mining Malware
U.K. government websites and more than 4,000 others worldwide have reportedly been exploited by malware that harnesses visitors' computers to mine cryptocurrency.
Read more: coindesk.com
Other sources:
World Coming to Terms with Cryptocurrencies, Says Nvidia CEO
The world is beginning to accept that cryptocurrencies are here to stay, according to Jen-Hsun Huang, co-founder and CEO of graphics cards manufacturing giant Nvidia.
Read more: cryptovest.com
SteemBlockExplorer.com - SteemNow.com - CoinMarkets.today
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Thanks as always for this excellent update @penguinpablo. It's interesting to see some of the recent price action in the markets, I imagine this month and next month will prove quite positive for the market as a whole - although that is just my opinion!
Thanks again, I would really appreciate your feedback on my project.
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Good to see steem doing great
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U.Cash is a clear scam
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great collection of data!
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Great news for the crypto space this week! Schnorr is very interesting, just a little worried that it will take too long time to develop it
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Very interesting indeed.
Quote from the article:
I don't hope so. A couple of years is as eternal in the crypto space.
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lol, Ucash today just screws up that chart :P
Is the month to date change from Jan 12th to now or Feb 1st till now ?
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What the hell is ucash? Haven’t heard of it until today! Tomorrow’s biggest loser???
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Some weeks back ,the decrement in cryptocurrency especially that of steem and steemblock chain dollar really resulted to a drastic effect, it's really nice seeing things getting in place. Thanks for the update
@Hboi
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Great post
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Good to see markets green again.
Ultimately regulations on cryptocurrencies will make investments possible and mainstream adoption will rise rapidly.
Regulations will help the markets and people, I hope there is a simple way to tax cryptocurrencies though.
Saw Anthony Antonopoulos talk about it a few days ago, he was complaining about how we have to show every little capital gain we get in crypto which does seem ridiculous.
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i think last meeting on 6th of this month made a positive impact on market
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Thanks bro
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What is U.CASH ? :))))
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https://u.cash
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ok...ok..ok...now I see... I go look more info... Then I can text more.
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Reds follow immediately but the good thing is the ultimate trend is upward. Slowly we are recovering from the freefall.
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I like with your post ,, thank you Mr. @penguinpablo
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thanks for this info
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Slowly crawling out of that January hole everything fell in :)
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Thank bro !! U give always good information for us many people !!! ✅✅✅🔝🔝🔝🔝
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The month to date chart is sure scary looking, hopefully, it's all headed back up the rest of this month! Thanks for the good information!
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@penguinpablo
thanks for the update.
It seems the world has a little bit of bipolar disorder when it comes to crypto, or failing that it is being treated like marmite they either love it or hate it.
I heard some positive news this week from JP Morgan embracing the blockchain but not so much BTC., but that will come in time i guess.
Nice to see Europe embracing the crypto realm.
I think now we are fast approaching March hopefully we see everything turn bullish and we should be able to recoup some of the losses seen across the market.
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U.CASH and E-coin are going crazy! Today E-coin is up more 300%
The only thing that surprises me is the Volume in the last 24h, Tether with 12,56% is more than ETH and XRP.
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I am very happy to see this post. Thank you so much for share.
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Geez! Just sold my ucash two weeks ago and I haven't gotten alert of payment yet for ether gosh I made a fucking mistake
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Very clear and precise information......
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Thanks your info.... Visit my Steemit beginner @irsyadzeal
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Nice, great updates. Clean layout
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Upto Date cryptocurrency info thanks for this update.
keep following your post for updates thanks.
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I always wait on your posts everyday, it gives me additional knowledge on this platform which isbprogressing day by day and showing us where this platform is going to. Thank you.
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great sum thanks alot liked your work :) and yeah ucash..... no real reason what so ever but hey on feb6 i think theres a "shitcoin" name E-coin that pumped up 4,700 % or more the same day..... the volume was around 6.5btc.... again no real reason
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cryptocurrencies is very steady but unfortunately I have not been able to use criptocurrency,
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PNN
Penguin News Network
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Hey that's awesome.
He should really do something like tha under that name! 😊👍
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