Crypto Market Wrap: Bitcoin Steady Before ETF Ruling, What’s Expected?

Crypto markets holding onto gains; Bitcoin back at $8,000 prior to anticipated bitcoin ETF ruling, BCH and XRP gaining slowly, Dash pumping. 
Market Wrap
Crypto markets have held on to their weekend gains as Bitcoin remains buoyant. The correction that never was ended in early Sunday trading when BTC surged back towards $8,000. Today market capitalization remains close to $250 billion but a big regulatory decision due tomorrow could create some big moves soon.
Bitcoin revisited its 2019 high of $8,250 a few hours ago. BTC sharply pulled back to just above $7,900 after hitting resistance but has since regained composure and climbed back up to $8k, trading marginally higher than the same time yesterday.
Ethereum is flat and remains just above $250 where it was this time yesterday. ETH has also held on to recent gains but has not seen the doubling in price that its big brother managed since early April.
There is very little movement in the top ten at the time of writing. Only XRP and Bitcoin Cash have added a couple of percent to trade at $0.40 and $408 respectively. The rest are unchanged aside from Cardano which has pulled back marginally.
The top twenty has more red than green during Asian trading this morning. Only Dash is pumping as 10 percent takes it to $165. South Korean markets are getting the majority of Dash trade at the moment as Bithumb is top exchange. Monero has made 3 percent but the rest are in decline.
FOMO: NEXT Spikes into Top 100
Today’s fomo is going to NEXT which has entered the top one hundred with a 45 percent pump. The South Korean exchange Coinbit exchange is creating the fomo for NET. Japan Content Token is also getting a 40 percent spike as it too enters the big 100. These two relatively obscure altcoins are the only ones pumping at the moment.
At the messy end of the table is Decred dumping ten percent today. Digibyte and Crypto.com’s MCO are also sliding with a loss of over 7 percent each.
Total market capitalization 24 hours. Coinmarketcap.com
Total market capitalization is currently at $248 billion which is marginally higher than the same time yesterday. It did reach a high of $257 billion when Bitcoin hit resistance but has since pulled back slightly. There is growing concern that the imminent SEC decision for the VanEck ETF could cause prices to plummet. The regulator is due to decide on approval of the long awaited fund tomorrow but the most likely outcome is another delay.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
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Dash More Popular Than Bitcoin and Litecoin in Venezuela: CEO of Dash Core Group

Dash is a privacy-focused cryptocurrency, aimed towards providing low-cost remittances around the world. The Dash Core team under CEO Ryan Taylor, responsible for the development and adoption of Dash has made a lot of progress in Venezuela. They have made it their primary focus as they continue to offer other low-cost solutions to improve the technology infrastructure in Venezuela.
Recently, in an interview with Fred Schebesta of Crypto Finder, Ryan noted that,
“Dash is actually used more often at the point-of-sale in Venezuela than Bitcoin and Litecoin combined… We have two-three thousand merchants in Venezuala acception Dash.”
Dash has also been integrated by MasterCard earlier this year to provide feasible crypto-to-fiat payments. Taylor also talked about Dash integrated cell-phones which have dash wallets in-built in them. According to him, they have shipped a hundred thousand of those phones.
The Dash Core group is also establishing partnerships with existing remittance providers and financial institutions to reduce the overall cost of remittance and decrease the “monopolistic” effect of big firms in the remittance industry.
Price Surged by Almost 40% Over the Week
Dash recorded a price surge of 23% on 19th May 2019, as the price broke above resistance levels. The price of Dash at 5: 00 hours UTC on 20th May 2019 is 166.9. It is trading 10.92% higher on a daily scale.
DASH/USD Daily Chart on TradingView
Dash corrected slightly as it met resistance near $170. On a weekly scale, the price has surged over 38% as it began last week at around $125. The total market capitalization of Dash also touched $1.5 billion as it gained a couple of ranks to cement 13th position w.r.t. Mcap.
DASH/USD 1-Week Chart on TradingView
The All-Time High Price of Dash is above $1400. While it was achieved during the bubble of 2017, Dash has improved its reach and adoption tremendously.
Do you think the bull run on Dash will be back? Please share your fundamental and technical viewpoints with us. 
The post Dash More Popular Than Bitcoin and Litecoin in Venezuela: CEO of Dash Core Group appeared first on Coingape.
Source: CoinGape

Bitcoin, Bitcoin Cash, Binance Coin, Dash, Ontology exhibit double-digit rally in the past 24 hours

The cryptocurrency market turned green, driving the collective market cap to over $230 billion. As the market flashed green, most of the top digital coins were nearing double-digit pumps. The Bitcoin bulls followed by subsequent upward surges recovered the market sentiment as altcoins followed suit.
Binance Coin [BNB]:
Binance’s native token BNB emerged as a clear winner and was valued at $24.02 post rallying a massive 16.67% over the past 24-hours. At press time, the digital coin held a market cap of $3.39 billion and recorded a trading volume of $3.84 billion over the past 24-hours. BNB accumulated a significant amount of 27.88 trading volume via the trading pair BNB/BTC at Binance.
Source: TradingView
Bitcoin [BTC]:
The king coin remained the second biggest gainer, surging by 12.68% and was priced at $7,794 breaking all the previous set resistances, at the press time. BTC’s market cap shot up to $ 137.9 billion and posted a 24-hour trading volume of $27.14 billion. The gold crypto continued to rise parabolically as XBT/USD trading pair contributed over 18% of the total volume in Bitmex.
Source: TradingView
Bitcoin Cash [BCH]:
The BCH also managed to post double-digit gains after pumping by 11.47% over the last 24 hours, which drove the coin to a price of $386.48. At press time, Bitcoin Cash held a market cap of $6.8 billion and registered a 24-hour trading volume of $3.68 billion. The digital coin via the trading pair BCH/USDT accumulated over 10% of the entire trading volume.
Source: TradingView
Ontology [ONT]: The twentieth largest coin on CoinMarketCap, ONT, held a market cap of $635.5 million and was priced at $1.29 following a rally of 11.14%. The coin recorded a 24-hour trading volume of 90.45 million. Additionally, the digital asset accounted for significant trading of 12.79% via pair ONT/USDT in 55 Global Markets.
Source: TradingView
Dash [DASH]:
With the bulls entering the market, Dash [DASH] noted a significant growth of 10.08%, over the last 24-hours, along with other altcoins. The digital coin was priced at $133.8 and held a market cap of $1.17 billion, at press time. The coin further recorded a 24-hour trading volume of $362.2 million. Besides, DASH/KRW held a major 43.47% of the entire DASH trade volume.
Source: TradingView
The latest bulls’ domination and the resultant upswing for the altcoins could potentially bring about increased institutional investments for the existing digital coins.
The post Bitcoin, Bitcoin Cash, Binance Coin, Dash, Ontology exhibit double-digit rally in the past 24 hours appeared first on AMBCrypto.
Source: AMB Crypto

Crypto-Market Update: Bitcoin Back Above $7450; Alts BCH, ETH, DASH Re-Test Yearly Highs

Bitcoin [BTC] touched a yearly high of $7580 on Coinbase on Sunday 12th May 2019. Moreover, the correction and revival from the yearly-highs also came during the same day.
Bitcoin started climbing again on Monday; the price of Bitcoin at 14: 45 Hours UTC on 13th May 2019 is $7478. The dominance of Bitcoin over the cryptocurrency market is also close to 60% at 59.4%.
The alt-coins also traded in the green on Monday as the total market capitalization of the market broke above $220 billion again on consecutive days. The total Mcap of cryptocurrency markets has added about 100$ billion since the beginning of the year at around $125 billion.
Also Read: Bitcoin [BTC] Breaks $7500: Will the Price Rise Again After the Weekend Frenzy?
Total Market Capitalization of Cryptocurrency Market YTD (CoinMarketCap)
Ethereum [ETH], Bitcoin Cash [BCH] and Litecoin [LTC]
While the momentary high of Ehereum recorded on 12 May 2019 is above $205, the trading candlesticks realized at $192-195 range. Ethereum is again testing the same levels. The price of Ethereum at 14: 20 Hours UTC on 13th May 2019 is $194.40. Moreover, the total market capitalization of Ether [ETH] broke above $20 billion as well.
ETH/USD 1-Day Chart on Coinbase (TradingView)
Similarly, Bitcoin Cash [BCH] also traded in the yearly high range above $350 dollars as the positive momentum continued in the market. The price of BCH at 14: 30 Hours UTC on 13th May 2019 is $365.14. It is trading 3.54% higher on a daily scale.
BCH/USD 1-Day Chart on Coinbase (TradingView)
Litecoin [LTC] also traded in the green, however, at lower percentage gains compared to Ethereum and Bitcoin Cash [BCH]. The total market capitalization of BCH was also about $1.5 billion higher than LTC. The price of Litecoin [LTC] at 15: 00 Hours UTC on 13th May 2019 is $88.58.
Binance [BNB] and Dash Record Double Digits Daily Gains
Binance [BNB] Coin which was down last week after the 7000 Binance hacks on 7th May 2019, broke above other currencies as it gained 11.77% on a daily scale. It is currently testing $23.34 dollars again.
Dash also rose almost equivalent to BNB as it traded 10% higher at $133.39. The year-to-date (YTD) high of Dash price is $140. However, the resistance range on the upside is near $135.
DASH/USD 1-Day Chart on Kraken (TradingView)
Most of the other altcoins also traded in the green with gains around 5%. XRP traded above $0.32, while EOS and Tron also gained considerably over the weekend. The price of EOS and Tron [TRX] at 14: 40 Hours UTC on 13th May is $5.53 and $0.025 respectively.
Do you think that the Bitcoin and altcoin markets have further steam left? Please share your analysis with us. 
The post Crypto-Market Update: Bitcoin Back Above $7450; Alts BCH, ETH, DASH Re-Test Yearly Highs appeared first on Coingape.
Source: CoinGape

Crypto Market Wrap: Major Coins at Resistance, Consolidation Continues

Crypto markets flat line again; Cosmos still climbing, Monero and Dash moving, XRP dropping back.
Market Wrap
Crypto markets have returned to the middle of their range bound channel holding on to yesterday’s gains but failing to push any higher today. There has been virtually no movement on the majors which has resulted in total market capitalization also remaining where it was yesterday.
Bitcoin spiked to $5,415 a few hours ago before pulling back sharply, since then it has been slowly grinding back up. BTC is marginally higher on the day and is back trading at just above $5,400 at the time of writing. Volume has dropped back a touch to $13 billion as the consolidation continues.
Ethereum remains weakened and is close to dropping back to its crypto winter resistance level below $140 if no further upside momentum is forthcoming. ETH is still trading just above $160 where there is major resistance.
The top ten has changed little over the past 24 hours though red is starting to dominate things during the morning’s Asian trading session. XRP continues to slide falling back a further 1.5 percent and in danger of dropping below the psychological $0.30 barrier which also serves as major support. The rest are unchanged from this time yesterday.
The top twenty is a little more mixed with slightly larger movements for most altcoins here. Cosmos has continued its momentum adding a further 7 percent today as it squeezes past IOTA to take fifteenth spot. ATOM still seems to be benefiting from the recent Binance listing. Privacy cryptos Monero and Dash have both notched up 3 percent taking them to $65 and $116 respectively while BSV, IOTA and Tezos have dropped a couple of percent.
FOMO: Aurora Alone in Double Digits
Another pump is going on at Aurora which is up and down like a pair of pigs on a honeymoon. AOA is today’s top one hundred altcoin and the only one making doubles as it adds 13 percent. Nothing appears to be driving momentum for this token which is often at the top or bottom of the performance charts. There are no others making moves at the moment.
At the other end of the scale things are equally lethargic with no major dumps going on right now. Project Pai however is currently the worst performer with a loss of 5.5 percent on the day. DigixDAO continues to weaken also, losing another 5 percent today.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has not moved since yesterday and remains at $175 billion. The chart is flat and the range bound trading continues with alternating days of green and red. By a number of accounts this consolidation is set to linger for some time so there is very little to report from crypto land today.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: Major Coins at Resistance, Consolidation Continues appeared first on NewsBTC.
Source: New feedNewsBTC.com

Exclusive: Speculated and Branded Value are Not Enough for Success, Says Co-founder of Dash Thailand

Coinspeaker
Exclusive: Speculated and Branded Value are Not Enough for Success, Says Co-founder of Dash Thailand
In an exclusive interview for Coinspeaker, Felix Mago, one of the co-founders of Dash Thailand, reveals that the key mission behind Dash is being very simple and very straight forward: “We are doing what the name says – digital cash.”
Exclusive: Speculated and Branded Value are Not Enough for Success, Says Co-founder of Dash Thailand

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Source: CoinSpeaker

Binance Research: XRP Best Diversifier, Bitcoin and Ethereum Most Correlated

Coinspeaker
Binance Research: XRP Best Diversifier, Bitcoin and Ethereum Most Correlated
Binance published their new Research Report in which they took on a different approach in understanding crypto assets. The research showed Bitcoin and Ethereum move in lockstep and the XRP price is the least correlated to other top cryptoassets.
Binance Research: XRP Best Diversifier, Bitcoin and Ethereum Most Correlated

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Source: CoinSpeaker

Dash-driven Dash Text implements Telegram integration; co-founder calls it a ‘great channel’

In a bid to diversify and bolster adoption, the Dash-powered cryptocurrency payment platform, Dash Text, made a foray into the Telegram app. This development emerges after the completion of the beta trials.
Talking about the latest move and leveraging Telegram, Lorenzo, the CTO and the Co-Founder of Dash Text, stated that the service in the messaging platform enabled users to use the crypto-asset Dash without installing any other app, such as a crypto-wallet, on their phones.
According to the founder, Telegram is a “great channel” which will drive wider accessibility of the virtual asset driving the platform. Lorenzo cited,
“Telegram is the second most popular chatting app in Venezuela, and it’s specially popular amongst people who are into crypto. There are also many people who have cheap and/or old smartphones that can’t run wallets reliably due to memory problems.”
The cloud-based instant messaging platform Telegram is quite popular among the cryptocurrency members. Reportedly, the Dash Text team tried to collaborate with the popular messaging platform Whatsapp, but the plans came to a full-stop when Whatsapp’s moved to ban cryptocurrency transactions on its platform.
As rumors of the inception of Facebook’s native cryptocurrency emerged, the founder expected the two firms could “try to stifle competition in their own apps” at some point.
Despite new updates pouring in from the Dash [DASH] community, the thirteenth largest cryptocurrency on the CoinMarketCap, has failed to post rallies. The digital coin exhibited a significant drop after losing the twelfth position to the controversial BSV recently. At press time, DASH held a market cap of $958.5 million and was valued at $109.28.
The post Dash-driven Dash Text implements Telegram integration; co-founder calls it a ‘great channel’ appeared first on AMBCrypto.
Source: AMB Crypto

Six Cryptocurrencies to Watch in 2019

Coinspeaker
Six Cryptocurrencies to Watch in 2019
Nora Mork, a tech and business journalist, shares her list of six most promising cryptocurrencies you should definitely keep an eye on in 2019.
Six Cryptocurrencies to Watch in 2019

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Source: CoinSpeaker

eToro Launches eToroX Exchange and 8 Custom Stablecoins

Coinspeaker
eToro Launches eToroX Exchange and 8 Custom Stablecoins
Israeli-based social trading platform eToro has launched eToroX, a fully regulated crypto exchange. eToroX debuts with half-a-dozen top cryptocurrencies and eight fiat currency-backed stablecoins, the latter of which are now open-source.
eToro Launches eToroX Exchange and 8 Custom Stablecoins

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Source: CoinSpeaker

eToroX Launches Crypto Exchange Including Suite of Unique Stablecoins

Coinspeaker
eToroX Launches Crypto Exchange Including Suite of Unique Stablecoins
eToroX announced the launch of its crypto exchange.
eToroX Launches Crypto Exchange Including Suite of Unique Stablecoins

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Source: CoinSpeaker

Dash Maintains Upwards Momentum and Surges Nearly 10% as Crypto Markets Climb

Although Bitcoin and most major cryptocurrencies have been seeing fairly limited price surges that are a far cry from the parabolic gains they saw in late-2017, some smaller cryptos – like Dash – have been able to post some relatively large gains since the start of 2019, which may be setting the tone for how well the markets will trend in the year to come.
Dash’s large upwards swing over the past several months does harken back to the “altseason” that was seen from late-2017 and into early-2018, but there are fundamental factors in play that have driven its price higher as of late.
Dash Surges Over 70% Over Past Two Months, Leads Crypto Market Surge
At the time of writing, Dash is trading up over 8% at its current price of $113 and is up significantly from its daily lows of $103. The crypto has posted steady gains over the past week, climbing from lows of under $90 to highs of $115.
Looking back towards mid-February, the overall state of the markets caused Dash to fall to $65, which was down from its yearly open at approximately $79. Despite this, the drop to $65 allowed Dash to incur a significant amount of buying pressure that sent its price on a gradual climb to its current price levels.
Although its price action from between mid-February to mid-March was certainly positive, Dash’s gradual price climb turned parabolic on March 26th, just two days prior to the Dash Core Release v0.14.0 on the testnet.
Shortly after this was announced, it surged from roughly $89 to highs of nearly $115, before it dropped slightly to its current price levels.
Mati Greenspan, the senior market analyst at eToro, spoke about Dash’s positive price action in a recent tweet, calling it the “winner” of today’s altseason trading session.
“Today’s #altseason winner is $Dash! A steady gain of 8.3% over the last 24 hours while the rest of the crypto were mixed,” he noted.

Today's #altseason winner is $Dash!
A sready gain of 8.3% over the last 24 hours while the rest of the crypto were mixed. pic.twitter.com/8xqsv4QRiw
— Mati Greenspan (@MatiGreenspan) March 31, 2019

Core Release Driving Force Behind Recent Gains
Dash’s recent parabolic ascent has been largely driven by the introduction of Dash Core v0.14.0 onto the testnet, which was announced by Dash Core Group on March 28th.
The new version brings a host of new features to the crypto, including Long Living Masternode Quarums (LLMQs) that increase its scalability via improved consensus, LLMQ-based ChainLocks that improve the network’s security, and LLMQ-based InstantSend, which increases the scalability of InstantSend on the Dash network.
Because this announcement closely coincided with the massive price rises that Dash has experienced as of late, it is likely that the new version – combined with large upwards momentum – is behind the recent price rise.
Because Dash, and many other cryptocurrencies, are off to a great start in 2019, the rest of the year may hold many pleasant surprises for embattled crypto investors who are keen on recovering some of their recent losses.
Featured image from Shutterstock.
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