Cryptocurrencies Market Overview - September 19, 2017

Welcome to my Cryptocurrencies Markets Overview for Tuesday, September 19, 2017.

24 Hour Change

7 Day Change

Month-to-Date Change

Market Capitalization

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Latest Crypto News - September 19, 2017

China May Try to Block All Bitcoin Transactions in the Country

The Chinese authorities may be moving toward a broad clampdown on Bitcoin, including peer-to-peer (P2P) exchanges and over-the-counter (OTC) trading platforms. Using the Great Firewall to block IP addresses, access to foreign bitcoin exchanges could be blocked and the Bitcoin transaction network could be disrupted within the country.
_{Read more: bitcoin.com}

Ethereum's Next Hard Fork Is Now Officially Being Tested

Byzantium, the first part of ethereum's long-awaited Metropolis upgrade, has officially launched on testnet. The simulated hard fork was executed this morning on Ropsten, the ethereum testing environment, and is expected to run for a few weeks of troubleshooting before the fork occurs on the main ethereum blockchain, currently the world's second-largest by market capitalization.
_{Read more: coindesk.com}

JPMorgan handles bitcoin-related trades for clients despite CEO warning

JPMorgan Chase & Co (JPM.N) has been routing customer orders for bitcoin-related instruments, a spokesman said on Monday, despite the bank’s chief executive’s calling the crypto currency “a fraud.”
_{Read more: reuters.com}

Satoshi’s Best Kept Secret: Why is There a 1 MB Limit to Bitcoin Block Size

Anybody familiar with Bitcoin is aware of the vexing problem caused by the 1 MB blocksize limit and the controversy that arose over how to scale the network. It’s probably worthwhile to look back on how that limit came to exist, in hopes that future crises can be averted by a solid understanding of the past.
_{Read more: cointelegraph.com}

Aliant Payment Systems Partners with Bitpay, Bringing Bitcoin Mainstream

Bitpay recently partnered with Aliant Payment Systems, which is a company that provides online merchant services for credit card processing. Aliant plans to offer its customer base the option of transacting using bitcoin via Bitpay. This brings Bitcoin another step toward garnering more mainstream adoption.
_{Read more: bitcoin.com}

Bitcoin Price Fails to Maintain $4,000 Level as Sell Pressure Grows

Today could prove to be a rather interesting day for the Bitcoin price once again. After successfully breaching the US$4,000 resistance yesterday, the price didn’t succeed in maintaining its momentum. Right now, the Bitcoin price is making a second attempt to remain above US$4,000 as we speak. The big question is whether or not this effort will be successful for more than a few hours.
_{Read more: themerkle.com}

Ethereum Classic Price Goes Back to Double Digits Thanks to Chinese Trading Volume

The cryptocurrency power rankings get shaken up on a regular basis these days. While Bitcoin is still the dominant market leader, things are not necessarily evolving in the right direction for some altcoins. Ethereum Classic is showing some big gains over the past 24 hours considering all other currencies are still showing plenty of volatility right now. The Ethereum Classic price is heading back to $11.5, which is a positive start.
_{Read more: themerkle.com}

Regulations Push Chinese Bitcoin Volumes to OTC and Neighboring Countries

Following the regulatory crackdown in China, bitcoin’s price has climbed back up 30 percent over the $4K zone since the market’s nosedive last Friday. Now China’s bitcoin trade volume has dropped to the fourth position globally as Japan has taken the reigns over the past two days. Chinese traders have once again taken trading to the ‘streets’ and have also migrated business to Hong Kong and Korean exchanges.
_{Read more: bitcoin.com}

Vitalik Buterin: Ethereum Will Have Visa-Scale Transaction Capacity in 2 Years

Vitalik Buterin, speaking at TechCrunch Disrupt 2017, indicated that the platform has the capacity to change much of what is known about data and security. His comments included a strong indication that Ethereum will have the transactional power to equal Visa in the next two years.
_{Read more: cointelegraph.com}

Cryptocurrencies just got its own music Anthem video: "Crypto Fever" LoL... :-)

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