Crypto.com Chain (CRO) Gains 30%; Coinbase Crypto Debit Card Launch Influenced the Rise?

The cryptocurrency markets saw a sea of red on 11th April as $15 billion was wiped out from the markets. However, one coin continued its unprecedented rise with a gain of more than 30% on a daily USD scale.
The price of CRO chain at 4: 30 hours UTC on 12th April is $0.0974. On the CRO/BTC scale, the rise on the daily scale is 41.5%. The RSI on the daily scale as entered over-bought region at 82. Moreover, the irregularity in volume indicates isolated whale sized orders.
CRO/BTC 4-Hour Chart on Bittrex
Coinbase Effect, Yet Again?
Fundamentally, Coinbase announcement of the Crypto Debit Cards might have instilled investor confidence in the already available CRO VISA cards. The crypto.com cards will surely compete with the Coinbase Debit Cards. While Coinbase provides trust and reliability through its brand image, the crypto.com cards are built on the decentralized architecture itself.
Moreover, these debit cards have been in the market since 2018 and have established better partnerships with leading entertainment and service providers like AirBNB and Netflix.
The MCO Visa Card rollout is planned in stages, with Asia first (started shipping in Singapore October 2018, United States next, followed by markets including Europe, Australia and Canada.
The CRO token is a decentralized verification system that helps to convert the cryptocurrencies in the Crypto.com Wallet to US Dollars.
Furthermore, to increase the utility of the token, the developers have offered lucrative cash backs and reductions in fees in CRO token, if the cards are purchased by staking the tokens. While it involves a certain degree of risk, the highest value cards with huge benefits can be purchased for around $4800 at current prices.
Do you think that the business model of Crypto.com Cards will favor CRO investors as crypto-payment cards go mainstream or they will soon lose luster to industry leaders? Please share your views with us. 
The post Crypto.com Chain (CRO) Gains 30%; Coinbase Crypto Debit Card Launch Influenced the Rise? appeared first on Coingape.
Source: CoinGape

Why is Bitcoin Cash Beating Big Brother in Today’s $6 Billion Crypto Market Pump?

Crypto markets have jumped $6 billion; Bitcoin Cash surging, Crypto.com up 500% this week, Ethereum and Litecoin doing well.
Market Wrap
The momentum has continued on crypto markets as we begin the weekend. The bulls have awoken and driven total market capitalization over $140 billion as altcoins drive the recovery and Bitcoin reaches critical resistance levels.
Bitcoin has slowly edged up to $3,960 over the past 24 hours before shifting gear a few hours ago to break $4,000 and hit an intraday high of $4,070 where it currently trades. The 3.5% gain for BTC has pulled the rest of the market higher as altcoins make bigger moves. Bitcoin dominance is still dropping and has now fallen to a new 2019 low of 50.7%.
Ethereum has made a solid 7% on the day as it moves up towards $145. The three week high for ETH has increase its market cap over $15 billion again and widened the gap to XRP in third to almost $2 billion. The Ripple token has been weak again during this rally as it has only managed just below 3% to reach $0.320.
The top ten is all solid green during today’s Asian trading session. Bitcoin Cash has made an epic surge of 17.5% on the day as it jumps to $160 for the first time since early January. The relatively obscure Korean exchange Lbank is taking over a quarter of the BCH volume at the moment. Litecoin is also performing well as it breaks $60 with an 9% surge on the day. EOS, Stellar and Tron have made 4-5 percent and Binance Coin has not moved during this run.

#BCH Hell of a day for Bitcoin Cash. pic.twitter.com/OshvOiqiM2
— TheCryptoGuy (@KAnorthwest) March 16, 2019

More green has spread across the top twenty but gains there are not as great. Top performers at the time of writing include Bitcoin SV and Maker adding 7% each, closely followed by Cardano, NEO and Ontology all gaining over 5% at the moment.
FOMO: Crypto.com Chain Keeps Killing It
For the third day running Crypto.com’s CRO token is the top performing altcoin in the top one hundred. It has surged a further 40% since this time yesterday to remain over $0.10. Daily volume has pumped tenfold from $5 to over $55 million with the majority being traded on the Korean Upbit exchange. The company’s PAY platform was launched yesterday and Blockfolio has just added CRO to its signals service. Yesterday CRO hit an all-time high of $0.122, up an astounding 500% in less than a week.
Aside from BCH other altcoins getting pumped at the moment are Holo up 17% and Kucoin Shares jumping 13% on the day. The only altcoin with a double digit dump in the top one hundred at the moment is Wanchain sliding over 10%, Project PAI is second worst with a loss of over 6% at the time of writing.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has gained 4.5% on the day to reach $141 billion. The $6 billion cash injection has lifted markets to a three week high and altcoins are currently driving momentum as Bitcoin struggles to breach resistance at $4,000.
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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Crypto.com Chain [CRO] Token Rise by 50%, Gets Listed On Top Exchange

Crypto.com chain (CRO) Token rose by 45% following its listing on the top 20 exchange of the world, UpBit Exchange. Crypto.com is a Hong Kong-based Blockchain firmed that offers a variety of financial aids built on cryptocurrency: VISA enabled Crypto Credit/Debit Cards, and a secure Wallet and Mobile App.
CRO chain Price at 8 30 UTC 15th March
The crypto.com chain (CRO) is enabling interoperability between cryptocurrencies and FIAT payments. Hence, users can make cryptocurrency payments to any merchant in the world. The cryptocurrency will be converted to the FIAT currency for a minimal cost. CRO chain acts as a bridge currency which finds a wide-scale application with real-world adoption.
Kris Marszalek, co-founder and CEO of Crypto.com, said, “We are very grateful that Upbit has supported our project. The Crypto.com Pay Software Development Kit (SDK) was shipped last week and the payment platform has added 400000 new users this week.”
 

The @cryptocom Chain ($CRO) Token will be listed today on @UPbitExchange! Open-source of @Cryptocom Chain Testnet v0.1 scheduled on Wednesday, March 20th. Read more here – https://t.co/udc2IYExCN pic.twitter.com/9zHqMf9MCV
— Crypto.com (@cryptocom) March 15, 2019

Crypto.com [CRO] Token  Reaction
The price of the crypto.com chain (CRO) increased taking the cue from the listing news. A surge in volume with fresh new entrants was noticed on the hourly chart. The CRO/BTC price rose from 0.00001710 BTC to 0.000028 BTC in an hour recording instantaneous jump of 63% at around 7 00 UTC on 14th March 2019.
1-Hour CRO/BTC chart on Bittrex
Moreover, the RSI indicates over-bought conditions while a ‘hanging man’ single candle-stick seems to be forming to the 1-hour chart of CRO/BTC. Hence, correction might be observed. However, the traders might sustain their positive outlook of CRO pushing the price even further as CRO seems to be riding on bullish sentiments for the past couple of weeks.
The post Crypto.com Chain [CRO] Token Rise by 50%, Gets Listed On Top Exchange appeared first on Coingape.
Source: CoinGape

Crypto Market Wrap: Bitcoin Dominance Falls to 2019 Low, Has Altcoin Season Begun?

Crypto markets being driven by altcoins; Cardano, NEM and CRO Cranking, Bitcoin dominance diminishing.
Market Wrap
Crypto markets are still consolidating as we round off another week. Volume has crept up a little and a slow uptrend has formed over the past couple of days as major crypto assets hit resistance levels. Total market capitalization has made it over $135 billion for the past few hours.
Bitcoin has moved very little over the past 24 hours. BTC hit an intraday high of $3,945 before instantly dumping to $3,900 then slowly building back up to $3,920 where it currently trades. Volume is back over $10 billion and key technical indicators such as MACD and hourly RSI are in the bullish zone.
Ethereum, which has been slowly sliding back all week, has made a percent on the day taking it to $135. The move has taken ETH through the weekly down trend line so further momentum could follow, especially if Bitcoin turns bullish. XRP has made a minor loss on the day dropping back to $0.311.
The top ten is pretty mixed at the time of writing but gains are no more than a percent or so for those in the green. Stellar, which recently flipped Tether for eighth spot, has dumped 4% on the day dropping market cap back to $2 billion. XLM is about to drop back down the charts as it falls to $0.105.
There is a lot more green in the top twenty during today’s Asian trading session. Larger gains have been made by Cardano as ADA climbs 5.5% to $0.049. NEM is also having a big pump with around 9% added on the day to take the token to $0.050. A possible link between NEM Malaysia and Air Asia could be driving the fomo.

During the panel discussion, #NEM Malaysia Investments and Strategy Director Jasmine Ng said while investments to explore blockchain’s implementation in businesses could be costly, she said there is a huge potential upside. Read the full story herehttps://t.co/b6TzgGsiGu
— NEM (@NEMofficial) March 13, 2019

IOTA, NEO and Ethereum Classic have all made over 3% in the past 24 hours as ‘altseason’ gathers momentum.
FOMO: Crypto.com Chain Still Pumping
Crypto.com Chain has continued its epic surge adding another 50% as it nears the top twenty. Over the past week CRO has made an epic 900% pumping from $0.013 to $0.092. Today’s surge has been driving by a listing on Upbit;

The @cryptocom Chain ($CRO) Token will be listed today on @UPbitExchange! Open-source of @Cryptocom Chain Testnet v0.1 scheduled on Wednesday, March 20th. Read more here – https://t.co/udc2IYExCN pic.twitter.com/9zHqMf9MCV
— Crypto.com (@cryptocom) March 15, 2019

Also having a good run today is Lisk and Digitex Futures, both pumping 17% on the day. Crypto.com’s other token, MCO is also up 17% at the moment. REPO is well in the red right now and is the top one hundred’s worst performing altcoin with a dump of 10%, Electroneum is not far behind losing 8% today.
Total market cap 24 hours. Coinmarketcap.com
Total market capitalization has remained over $135 billion adding a billion dollars since the same time yesterday. Daily volume is building and is now at $33 billion as altcoins lead markets at the moment. Bitcoin dominance has fallen to its lowest level this year as it sinks to 50.9% while the altcoins continue to strengthen.
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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Why Has Crypto.com’s CRO Token Surged 380% in a Couple of Days?

When a crypto asset goes on a parabolic moon shot it needs a closer look. One that is flying up the market cap charts at the moment is Crypto.com Chain, muscling its way into the top thirty with a 170% pump on the day.
CRO Token Surges 200% in Under 2 Days
This time last week CRO was an obscure altcoin, flat lining at $0.0130 (333 satoshis). Things started to bubble up over the weekend but over the past couple of days this token has literally shot for the moon with a massive pump of 380% to $0.0625 (1600 satoshis).
Crypto.com CRO prices 24 hours. Coinmarketcap.com
Very few altcoins have made triple figure daily gains but CRO is one of them with a 170% pump today alone. Daily volume has multiplied from a mere $90,000 to over $800 million and it appears that South Koreans are going crazy for Crypto.com at the moment. Over half of that volume is currently in KRW on the GOPAX exchange so what do they know that we don’t?
The epic pump has increased CRO market cap over $200 million which has made it bigger than Decred, Icon and 0x and on a par with Qtum and OmiseGO.
What is CRO and Why is It Pumping?
Hong Kong headquartered Crypto.com is a pioneering payments platform that aims to increase crypto adoption through various payments channels including Visa cards. It claims to offer zero fees or markups and touts itself as the best place to buy crypto. Last month the company launched its Vortex Trading Engine which pools liquidity from major exchanges globally and routes orders to them to ensure the best execution price.
The platform also offers several fiat on ramps, though these are mostly in Asia at the moment. There is also a crypto wallet with cash back features and a Visa card powered by the MCO token. Other benefits include free Netflix and Spotify subscriptions to card holders as users who pay for their subscriptions with the MCO Visa Card can receive a full rebate on the cost of their plan. Discounts on travel and booking websites Expedia and Airbnb are also available by using the crypto card. According to CEO Kris Marszalek;
“The MCO Visa card now offers best cashback terms of any card in the market, along with perks that match the lifestyle of our community. We’ve received hugely positive feedback from our customers in Singapore and are looking forward to shipping the cards in the US, Europe and other key markets. The product is irresistible whether you’re a hardcore cryptocurrency fanatic or someone who is just learning about it.”
Last week the Crypto.com Pay system went live which has initiated the run of its native ERC-20 CRO token. It has had over 400,000 app downloads and over 125,000 MCO Visa card registrations worldwide.
Today’s big spike has come from a listing on the Indodax exchange which taps into a potentially massive new fiat market – Indonesia.

Hello Indonesia!@cryptocom's $CRO(with IDR pairs)will be listed on @IndodaxOfficial, the leading exchange, while https://t.co/vCNztABJoG Pay will be implemented with the Yoshugi Media Group. Bringing crypto to 260 Million more wallets! More here-https://t.co/qPs1KzGa20 #crypto pic.twitter.com/LVNVbjRmhR
— Crypto.com (@cryptocom) March 12, 2019

Deposits on the Indonesia Digital Asset Exchange start today and full trading will go live tomorrow. After South Korea and Japan, Indonesia is one of the region’s biggest crypto trading markets. The listing has obviously provided a big boost for CRO which the top performing altcoin in the top one hundred at the moment.
Image from Shutterstock
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Crypto Market Wrap: Will $3 Billion Recovery Lead Markets Higher?

Crypto markets recover from correction; Litecoin, BNB, Stellar and Dash going strong.
Market Wrap
Crypto markets have bounced back from the dip yesterday to the same level they traded at for the past few days. The minor dump dropped markets back to $130 billion but they have since recovered back to resistance levels again.
Bitcoin is having a tough time breaking through heavy resistance at $4,000. Two intraday highs of $3,920 were reached but BTC was unable to push past this level and has remained at just over $3,900. Volume has fallen back below $10 billion but BTC remains range bound at the moment.
Ethereum has been sliding all week, it is up on yesterday’s prices but down in general. Currently trading at $133 ETH is still ahead of Ripple’s XRP by $1.2 billion. XRP has shown similar declines and is back to $0.309.
The top ten is mostly in the green during today’s Asian trading session. Three altcoins are making most of the gains though. Litecoin has added 5% to reach $57 and increase its lead over EOS in fifth. Binance Coin is motoring yet again with a 6.5% gain to $15.4 as it chases down Bitcoin Cash in sixth spot. Stellar is the third altcoin gaining today with a 6% push to $0.104 as it is poised to flip Tether when XLM reaches $2 billion market cap.
The top twenty is all green at the moment and Dash is moving the most with a daily gain of over 11%. According to studies Dash has been one of the top three performers since initial exchange listing. Today it has topped $92 and is the best performer in the top twenty.

Dash Among Top-3 Performing Cryptocurrencies After Initial Exchange Listinghttps://t.co/K4S5wvBrqg
— NeptuneDash (@NeptuneDash) March 12, 2019

Monero, IOTA, NEM and Zcash have also recovered 5 to 6 percent since yesterday’s dip. VeChain also needs a mention as it is pumping 17% at the time of writing.
FOMO: Crypto.com Crushing It
Today’s epic pump is Crypto.com’s CRO token which has surged over 100% on the day and is the top one hundred’s top altcoin. The payments platform token has just been listed on Indonesia’s top exchange, Indodax which has driven the spike.
Komodo is also having a strong rally with a 33% surge at the time of writing. Maximine Coin has just entered the top one hundred with a 32% spike today and Zcoin is not far behind gaining 25% on the day. At the red end of the table is ABBC Coin, getting beat up and dumping 14% today. Theta, which has pumped recently is dumping again now with a similar loss.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has returned to $134 billion, adding $3 billion since Tuesday’s minor correction. The 2.3% gain has returned markets to their consolidation channel where they have spent the best part of last week. Daily volume is still at $30 billion and Bitcoin’s dominance continues to slowly decline as altcoins are driving markets at the moment.
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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Source: New feedNewsBTC.com

Crypto.com Chain [CRO] Soars 145% New Value Following New Indonesian Exchange Listing

Crypto.com Chain-Token (CRO) which has recently listed on Bittrex exchange is continued on breaking the new records. At press time, the coin hits a new high – gaining 145 percent over the past 24 hours.
Source: Coinmarketcap.com
As per the data from Coinmarketcap, Crypto.com Chain-Token or CRO is on the urge to gain growing volume – the coin can be spotted on 46th position. Currently, it trades at $0.036 against US dollar with an average trading volume $124,010,620.

Crypto.Com Passes Certik Verification
Following the quick listing of CRO token on Bittrex International Exchange, Certik, a smart contract verification platform has confirmed the authenticity of the coin after successful completion of the auditing process. With this, Certik states that CRO token will be listed on its partnered exchange.

@certikorg has successfully audited https://t.co/q7Gb4s6bPD Chain (CRO)! With this successful audit, the CRO token is secure to be listed on our partnered exchanges. Thank you for taking security seriously, @cryptocom, and congratulations for passing CertiK's verification! pic.twitter.com/TwgPBcURpq
— CertiK (@certikorg) March 11, 2019

Indodax Exchange To List Crypto.com
Beside listing on Bittrex, Crypto.com Chain officially announced their new listing on Indonesian bitcoin exchange, Indodax. The official blog reads that the platform is further partnering with Yoshugi Media Group, Indonesian dropship e-commerce company that would enable them to implement crypto.com pay.

Hello Indonesia!🇲🇨@cryptocom's $CRO(with IDR pairs)will be listed on @IndodaxOfficial, the leading exchange, while https://t.co/vCNztABJoG Pay will be implemented with the Yoshugi Media Group. Bringing crypto to 260 Million more wallets! More here-https://t.co/qPs1KzGa20 #crypto pic.twitter.com/LVNVbjRmhR
— Crypto.com (@cryptocom) March 12, 2019

Per the announcement, CRO token deposit will begin from March 13 at 17.00 GMT whilst trading will take place the next day, on March 14 at 17.00 GMT. Furthermore, the announcement reads that;
“Indonesia is a vibrant market with over 260 million people. We look forward to developing closer ties with both Indodax and the Yoshugi Media Group as we seek to serve our customers in the rapidly growing ASEAN market. We see Crypto.com Pay driving the adoption of cryptocurrency as a mode of payment and CRO token as the ultimate way to settle cross-currency payments instantly and inexpensively.”
Concerning the similar listing, Indodax Exchange officially unveiled that Crypto.com Chain or CRO token will be paired with Indonesian rupiah (Indonesian fiat) on its platform.

We are excited to announce that we will list https://t.co/PcspcJyl7y Chain (CRO) with Rupiah pair in https://t.co/qilSluUeg8. Deposit starts from 13 March 2019 at 05.00 PM (UTC+7) and trading starts from 14 March 2019 at 05.00 PM (UTC+7).More information https://t.co/WQEcDD2zRL pic.twitter.com/0zyJ2TjAJr
— Indonesia Digital Asset Exchange (@IndodaxOfficial) March 12, 2019

The post Crypto.com Chain [CRO] Soars 145% New Value Following New Indonesian Exchange Listing appeared first on Coingape.
Source: CoinGape

Crypto Market Wrap: Could Cooling Off Lead to a Weekend Dump?

Crypto markets cooling as we end the week; EOS drops to fifth, IOTA and NEO still buoyant, Crypto.com surges.
Market Wrap
There have been no further gains on crypto markets over the past 24 hours and they appear to be starting a pullback as we round out the week. Total market capitalization has remained over $130 billion but red is starting to infiltrate the charts indicating that this run at least could be over for now.
Bitcoin hit $3,940 again but that was as high as it got and heavy resistance forced it back down again. Generally there has been very little movement in BTC prices over the past day and it has dropped back a little to $3,915 where it currently trades.
Ethereum has also started to break down over the past day as it drops almost 2% back to $137. ETH prices are back to where they were this time last Friday after a Monday dump to below $130. XRP has been even weaker as the market cap gap expands again to $1.4 billion. The Ripple token as dropped another 1.5% taking it back to $0.314.
Every crypto asset in the top ten is red during today’s Asian trading session. EOS, Bitcoin Cash and Tron are dropping the most at almost 3% each. Litecoin has retaken fourth spot as it remains relatively stable on the day, however the gap between LTC and EOS is only $50 million so a reflippening could occur soon.
There are a couple of beacons of green in the top twenty at the time of writing. IOTA is making a rare move upwards with almost 3% added and Bitcoin SV and NEO are close behind with a 2% gain on the day. Ontology is still bullish with a 5% climb today but the rest are falling back marginally.
FOMO: Crypto.com Chain Climbing
CRO is getting a big pump today as it surges 44% to $0.020. Daily volume has over doubled to $600 million as the new Chain token gathers momentum with crypto powered Visa cards. The firm has just hired Rovio Executive, Kasim Zorlu, to the leadership team as SVP Head of Growth to drive customer acquisition.
Enjin Coin is also spiking at the moment with 40% on the day as the gaming platform continues to expand. Aurora is not far behind with a 32% fomo pump. There are no double digit dumps going on at the moment in the top one hundred but ABBC Coin is cooling off after its epic surge as it drops 8%.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has remained the same as these low cap coins do not really impact the market as a whole. A slight decline has dropped cap back to $133 billion but daily volume has remained high at $30 billion. Could this cooling lead to another dump over the weekend? Resistance remains strong so it is very possible.
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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Cryptocurrency Market Update: Bitcoin Cash Doubles in Three Days

FOMO Moments
A rare green Friday for crypto markets; Bitcoin Cash and SV are on a charge, Tron and Iota following.
It makes a change to see markets in the green on a Friday. The crypto rally that started on Monday has continued throughout the week and it has ended on a high. Total capitalization is over $130 billion, its highest level for almost three weeks.
Bitcoin has made over 25% since its low point of the year last weekend. Today it is up another 4% to just over $4,000. BTC made two bounces off resistance at $4,200 a few hours ago and has pulled back a little. The trend is currently bullish in what many are describing as a ‘Santa rally’.
Ethereum is having a rare good day with gains over 8% taking it close to $115. It is still $3 billion behind XRP in terms of market cap however, despite the Ripple token not having made much movement today.

The top ten is all green at the time of writing and shooting to the moon for the third day is Bitcoin Cash which has made over 40% in the past 24 hours. In this epic revival BCH has over doubled in value in just three days. On Tuesday it was still below $100 and today it has broken $200. Even Bitcoin SV is having a rare revival with a 35% gain on the day to take it to $125. Tron is still making solid progress with 13% more added today.
In the top twenty Dash is leading the pack with a rise of 18% to $90. Cardano and Iota are also performing well during the Asian trading session with gains of 14%. The only altcoin getting a beating in the top forty is Waves dumping 10%.
Aside from the two Bitcoin Cash variants, Bitcoin Diamond and Bitcoin Gold are also getting a dose of fomo today with pumps of 25 and 20 percent respectively. Entering the top one hundred with a surge of over 33% is Crypto.com Chain, CRO. Getting bashed is DEX dumping over 30%, Qash, Waves and Stratis are also in pain losing double digits at the time of writing.
Total crypto market capitalization is up over 7% on the day as it reaches $133 billion. Daily trade volume has also surged to $28 billion, its highest level for almost 8 months. Since the same time last Friday crypto markets have recovered by 25% however they are still down slightly on the month.
FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
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