Hybridverse Building Its Euro-Backed Stablecoin on Zilliqa Blockchain

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Hybridverse Building Its Euro-Backed Stablecoin on Zilliqa Blockchain
Hybridverse’s Euro backed stablecoin is called Hybrid Euro (HEUR), and is being built on Zilliqa Blockchain that is first and only blockchain to implement sharding.
Hybridverse Building Its Euro-Backed Stablecoin on Zilliqa Blockchain

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Source: CoinSpeaker

Crypto Market Targets $300 Billion Cap: Bitcoin Cash, EOS, TRX, ADA Analysis

The total crypto market cap gained momentum and broke the $260.0B resistance area.
Bitcoin price broke the main $9,000 resistance area and traded close to $9,400.
EOS price traded nicely above the $6.50 and $6.75 resistance levels.
Bitcoin cash price is trading above the $420 level and it could continue to rise towards $440.
Tron (TRX) price broke the $0.0330 resistance and it might continue to rise.
Cardano (ADA) price is slowly moving higher towards the key $0.1000 resistance.

The crypto market cap is surging above $265.0B, with sharp gains in bitcoin (BTC) and Ethereum (ETH). EOS, Tron (TRX), BCH, ripple, ADA, BNB, and other altcoins are trading with a positive bias.
Bitcoin Cash Price Analysis
After a successful close above the $400 level, bitcoin cash price climbed higher steadily against the US Dollar. The BCH/USD pair broke the $410 and $420 resistance levels. The pair is now trading nicely above the $425 level and it might continue to rise in the coming sessions.
On the upside, an initial resistance is near the $432 level, above which the price is likely to test the $440 resistance. On the downside, an initial support is near the $420 level, followed by $410.
EOS, Tron (TRX) and ADA Price Analysis
EOS price gained significantly after it broke the key $6.50 resistance level. The price climbed above the $6.75 resistance and the bulls were successful in a close above the $7.00 level. The next key resistances are near the $7.10 and $7.12 levels.
Tron price is rising slowly and it recently traded above the $0.0330 level. TRX price is currently climbing and it could test the $0.0340 resistance level. If there are more upsides, the price is likely to test the $0.0350 level in the coming sessions.
Cardano price is currently trading above the $0.0900 level, with a positive bias. ADA price must break the $0.0950 level to test the main $0.1000 resistance levels. If the bulls succeed in clearing $0.1000, there could be sharp gains towards the $0.1100 level.

Looking at the total cryptocurrency market cap hourly chart, there was a strong upward move after there was a break above the $255.0B and $260.0B resistance levels. The market cap even broke the $270.0B level and recently tested the $278.0B zone. It corrected lower, but the $264.0B level acted as a strong support. The current price action is positive, suggesting more gains above the $275.0B and $280.0B levels. If all goes well, the crypto market could even test the $300.00B level in the coming days. Therefore, more gains are possible in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA, ICX, WAN, and other altcoins.
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EOS rises by over 6%; Ripple’s XRP and Ethereum follow suit prompted by Bitcoin’s rally

Bitcoin, the largest cryptocurrency by market cap breached the $9,000-mark anchoring another market spin towards the bulls. The collective market cap stood at $285 billion, at press time.
EOS:
Since the onset of 2019, Block.one, the parent firm of EOS had rolled out several significant technological upgrades on its EOS blockchain. Even as the price movement was underwhelming for the most part of the year, the sixth largest digital asset by market cap, EOS gained strong market support. At press time, EOS climbed by 6.11% and stood at a price of $7.13 with a market cap of $6.5 billion. The trading volume recorded for the past 24 hours was $2.55 billion.
Source: TradingView
Ethereum:
With the much-anticipated Ethereum 2.0 blockchain rollout, the second largest cryptocurrency, on CoinMarketCap, garnered gained bullish momentum against the US Dollar. At press time, ETH rose by 3.67% over the past 24 hours and was priced at $275.1. The digital asset registered a market cap of $29.3 billion and a 24-hour trading volume $8.49 billion. Additionally, 4.2% of the trading volume was recorded at ZBG via the trading pair ETH/USDT.
Source: TradingView
Ripple:
Ripple’s focus has always been disrupting cross-border payment space following which the Brad Garlinghouse-led firm introduced new technologies, features, and network updates. Its native token, XRP, significantly leveraged from the recent developments as well as the market recovery steered by BTC.
At press time, the third largest digital coin was valued at $0.42 after posting 3.41% gains in the past 24-hours. XRP held a market cap of $17.92 billion and registered a 24-hour trading volume of $1.5 billion. 4.4% of XRP was being traded at ZBG via XRP/USDT.
Source: TradingView
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Source: AMB Crypto

Crypto Market Rallies $15 Billion: Bitcoin Cash, Litecoin, EOS, XLM Analysis

The total crypto market cap gained momentum and broke the key $252.0B resistance area.
Bitcoin price surged above the $8,500 and $8,650 resistance levels.
Litecoin (LTC) price remains in a strong uptrend and is trading nicely above $134.
Bitcoin cash price is grinding higher towards the $420 and $425 resistance levels.
EOS price is back above the $6.50 level and it may even break the key $6.75 resistance area.
Stellar (XLM) price is about to gain momentum above the $0.1250 level.

The crypto market cap gained sharply, with positive moves in bitcoin (BTC) and Ethereum (ETH). Altcoins such as LTC, ripple, bitcoin cash, EOS, TRX, and stellar are also moving higher.
Bitcoin Cash Price Analysis
Bitcoin cash price finally broke the $400 resistance against the US Dollar to move into a positive zone. The BCH/USD pair even cleared the $405 resistance and it is currently trading above the $410 level. An immediate resistance on the upside is near $420, above which there are chances of more gains above $425.
On the downside, the $410 level might act as a decent support, below which there is a risk of a drop back towards the $400 or $395 support.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price settled above the $130 level and it is currently moving higher. LTC price is currently up more than 3% and it is likely to climb above the $135 and $138 levels. The main resistance for the bulls is near the $140 level. On the downside, the recent resistance at $130 could provide support.
EOS price managed to gain traction above the $6.45 and $6.50 resistance levels. The price is now trading nicely above the $6.60 level and it might continue to rise in the near term. The next key resistances are near $6.70 and $6.75.
Stellar price is trading well above the $0.1200 support level and it is slowly moving higher. XLM price is about to break the $0.1250 resistance and it could continue to rise towards the $0.1280 and $0.1300 levels.

Looking at the total cryptocurrency market cap 4-hours chart, there was a decent upward move from the $246.0B swing low. The market cap broke the main $250.0B and $252.0B resistance levels. It added more than $10B and grinded above the $260.0B level. A swing high was formed near $263.1B and it is currently correcting lower. An immediate support is near the $257.0B level, followed by a connecting bullish trend line with support near the $255.0B level. As long as the market cap is above the $250.0B pivot level, there could be more upsides in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins in the coming sessions.
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$10 Billion Flows Back into Crypto Markets Despite Binance FUD

Crypto markets surge $10 billion on Saturday; Bitcoin leading, Litecoin, EOS, XMR and NEO following, BNB sliding. 
Market Wrap
Despite a lot of FUD emanating from the US and their flailing relationship with crypto exchanges, markets have actually gained over the past 24 hours. Over $10 billion has flowed back into crypto assets as Bitcoin broke through resistance and pulled the rest of the market back up with it. Total capitalization is back over $270 billion again as we enter the weekend.
Bitcoin has surged over 5 percent to reach an intraday high just north of $8,700 a few hours ago. Resistance at $8,200 was smashed and the last 24 hours has seen BTC climb back to its highest level for 12 days. It has currently leveled out at new resistance just below $8,700, further gains could see Bitcoin reach $9k again soon.
Ethereum has been dragged up as expected but has only managed just below 4 percent to reach $265. The head and shoulders that formed on ETH yesterday did not play out as it predictably mirrored Bitcoin’s movements.
The top ten is largely in the green despite Binance and Bittrex shunning US customers for certain altcoin markets. Litecoin and EOS have gained over 4 percent each taking them to $136 and $6.72 respectively. BSV and BCH are around 3 percent up right now but Binance Coin is cooling off with a slide of 4 percent.
There is more green in the top twenty also as Monero and NEO make 5 percent each climbing to $94 and $13.70 respectively. The rest are relatively flat though with just minor gains on yesterday’s prices.
FOMO: KuCoin Shares Cranking
The top altcoin in the crypto top one hundred at the moment is KCS adding 16 percent to reach $1.50. The gain could be a result of US users moving from Binance and Bittrex into other exchanges as the fallout continues to affect lower cap altcoins. Nash Exchange has entered the top one hundred gaining 15 percent and Santiment Network Token is the only other double digit coin today.
There are no altcoins dumping hard this Saturday but those at the bottom of the pile are Waltonchain and Nano both dropping over 6 percent.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has surged $10 billion, or 3.8 percent, to $273 billion today. Bitcoin has been largely responsible for the market movement and its dominance has increased to 56.4 percent as a result. Total trade volume is up to $67 billion and the US customer clampdown does not seem to have impacted markets on a wider scale just yet.
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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Block.one CEO: Top Influencers Will Get $50-100M in Revenue for Switching to EOS-based Voice

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Block.one CEO: Top Influencers Will Get $50-100M in Revenue for Switching to EOS-based Voice
Major influencers may get $50-100 mln in revenue for bringing the audience to Voice, the EOS-based social media platform by Block.One
Block.one CEO: Top Influencers Will Get $50-100M in Revenue for Switching to EOS-based Voice

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Source: CoinSpeaker

Crypto Market Starts Fresh Increase: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap found support near $236.0B and jumped sharply above $245.0B.
Bitcoin price broke the key $8,000 resistance level to move into a positive zone.
EOS price broke the $6.40 and $6.50 resistance levels to start a decent recovery.
Binance Coin (BNB) is up more than 5% and it recently broke the $35.00 resistance.
Bitcoin cash price is above to break the $400 barrier to move into a bullish area.
Tron (TRX) price gained nearly 6% and it recently broke the key $0.0320 resistance.

The crypto market cap gained more than $10B, with positive moves in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB), BCH, tron (TRX), ripple, litecoin and EOS are currently gaining momentum.
Bitcoin Cash Price Analysis
After a major downside correction, bitcoin cash price found support above $360 against the US Dollar. The BCH/USD pair started a steady recovery and recently broke the $380 and $390 resistance levels. The pair is currently trading near $400, above which the bulls are likely to take control in the near term.
The next key resistances are near $410 and $420. If there is a downside move, the price might find bids near the $390 or $385.
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price remained stable above the $6.20 level and it recently recovered higher. The price broke the $6.25 and $6.32 resistance levels. Moreover, there was a break above the $6.45 and $6.50 resistance levels. The next stop for the bulls could be $6.60 or $6.65.
Tron price is gaining bullish momentum and it is currently trading up more than 5%. TRX price broke the $0.0300 and $0.0320 resistance levels. It is currently trading above the $0.0330 level and the next stop could be $0.0340. The main resistance for the bulls is near the $0.0350 level in the coming sessions.
Binance coin (BNB) is up more than 5% and it recently cleared the $34.00 and $35.00 resistance levels. BNB price is now consolidating above the $35.00 level, with an immediate resistance near the $35.40 and $35.50 levels. The main hurdle is near the $36.20 level.

Looking at the total cryptocurrency market cap 4-hours chart, there was a major upside break above the $236.0B and $240.0B resistance levels. The market cap broke the $246.0B resistance and tested the next important resistance near the $252.0B level. At the moment, the market cap is confined in a range and it might surpass the $252.0B resistance area. The next major resistance could be $258.0B or $260.0B. If there is a downside correction, the $244.0B or $242.0B level might act as a support. Overall, there are chances of more gains in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX.
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Gate.io takes Bittrex’s lead; will delist major altcoins such as XRP, EOS, and Monero for U.S users

Regulations within the cryptocurrency industry have always been tricky to maneuver around. However, the ecosystem’s uncertainty is forcing some players to take caution and guard against the changing landscape. One such initiative is being undertaken by Gate.io. The exchange announced the delisting of several cryptocurrencies including EOS, Monero [XMR], and Ripple’s XRP, among others.
The official announcement read that some coins (cryptocurrencies) will not be available to U.S. users effective June 30, due to regulatory uncertainty. It further stated,
“Starting from June 30, 2019, USA users can not access to deposit and trading of the following coins: CNYX, EOS, XRP, TRX, XTZ, BTM, NAS, QTUM, NEO, GAS, XMR, BCN, XEM, WAVES, DCR, ONT, ONG, THETA and TFUEL. These coins will no longer display on the Market list to USA users after Jun 30. If you are a USA user, please withdraw them as soon as possible.”
This unforeseen decision made by the exchange will not affect non-USA users, who will continue to have full access to the above-mentioned coins without any changes.
Interesting enough, Bittrex also recently decided to do something similar a few days back. Bittrex announced that it would be delisting the following coins, namely, ADT, CMCT, GO, MFT, QRL, XEL, AMP, DNT, GTO, and 23 other cryptocurrencies, effective June 21. Similar to Gate.io, the said change would only be applicable for uses residing in the U.S.
The exchange had stated,
“After the Change Date, U.S. Customers will not be able to buy or sell the above-listed Tokens/Coins. On the Change Date, our systems will automatically cancel all open (i.e, unexecuted) orders in the affected markets for U.S. Customers.”
A Twitter user, @shirkhan, tweeted in response to the above-mentioned delisting,
“As of now @BittrexExchange will delist a couple of #cryptos ($XRP NOT affected) for US Users and  @gate_io will do so as well ( $XRP getting delisted). Let‘s see if any of the big exchanges will follow suit. This only affects US so far. #XRPCommunity”
The post Gate.io takes Bittrex’s lead; will delist major altcoins such as XRP, EOS, and Monero for U.S users appeared first on AMBCrypto.
Source: AMB Crypto

Weiss Crypto Rankings Downgrade EOS Over Serious Centralization Concerns

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Weiss Crypto Rankings Downgrade EOS Over Serious Centralization Concerns
Within a span of three months, Weiss Crypto Rankings upgraded and then downgraded EOS resulting in a buzz with some calling the rankings agency deceitful for making decisions using unreliable data.
Weiss Crypto Rankings Downgrade EOS Over Serious Centralization Concerns

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Source: CoinSpeaker

Block.one’s CEO asserts Voice to be a mix of centralized and decentralized features

The controversy surrounding whether EOS network being decentralized has garnered huge attention in the past and continues even today. As the community continues to battle EOS’s innate nature between centralized and decentralized network, the firm behind it, Block.one’s latest product and the social media app Voice will be a mixture of both decentralization and centralization.
In the latest edition of CNBC Crypto Trader, Brendan Blumer, CEO of Block.one, the official developer for EOS cryptocurrency, revealed that the latest rollout has both the aspects. Talking about whether Voice is a decentralized entity and the revenues generated will be distributed across the community, the CEO said,
“We are absolutely decentralizing the economy of attention. If you think, that’s exactly what social media platforms are, they basically sell attention. So we are decentralizing the control over that component.”
Blumer further noted,
“When it gets into content moderation, and these sorts of things we are starting with centralized moderation, just to make sure that we can make it a compliant platform with multiple different types of jurisdictions.”
The CEO also said that in a longer term, Block.one will focus on a road to go towards decentralizing content moderation.
He also cited that blockchain is an excellent vehicle to disrupt the existing social media platform. It brings not only transparency and accountability to the table, but also leverages blockchain-based identity.
The latest blockchain-powered Voice roll-out on the EOS network, according to the CEO, aims to clean-up the behavior and autonomously recognize the values and distribute tokens which will allow people to be beneficiaries of the platform as opposed to just the company.
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Source: AMB Crypto

EOS: Weiss ratings reduces coin’s ‘tech’ score in view of centralization debate

Apart from PoW-based digital coins such as Bitcoin and Ethereum, another token- EOS network’s centralization has always been debated. The highly publicized centralization problem has led many in the community to believe that decentralization is not EOS’s “top priority”. The network has only 21 nodes which imply that a handful of people possess central authority.
A Delegated Proof of Stake [DPoS]-based crypto asset posted gains of 450% since it hit a low in December 2018 and the EOS blockchain also hosted notable decentralized applications [DApps]. Even as EOS recovered along with its peer currencies, controversies surrounding it have not cooled down. As the network’s DApp activity recorded positive figures, upon further discovery made by AnChain.AI, it was noted that 75% of the transaction could potentially be “bot activity”.
The latest criticism came from Wiess Rating, which stated that it has downgraded EOS technology score as the network was drifting further away from decentralization. The recent tweet by the international cryptocurrency rating agency only added to EOS’s “centralization” rumors. Referring to the new developments by EOS’s parent firm, Block.one, Wiess Ratings confounded:

EOS DOWNGRADE: #EOS has serious problems with centralization, and their event last week did anything to alleviate that, so we’ve severely downgraded its technology score. It’s now up to #ADA to launch a truly decentralized #PoS #blockchain. No pressure.#crypto #Cardano #BTC
— Weiss Ratings (@WeissRatings) June 7, 2019

The latest social media app roll-out of the network dubbed, Voice and the much-anticipated Coinbase listing, couldn’t significantly drive the price up as the EOS market cooled down shortly after.
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Source: AMB Crypto

Tron’s 24-hour DApp volume zooms ahead of both Ethereum and EOS

The cryptocurrency market has undergone a significant shift in character after the latest bull run that caused the price of the coins as well as their market cap to increase significantly. One beneficiary of this market phenomenon was Tron [TRX], as the cryptocurrency was given a boost in its mission to conquer the DApp world. Justin Sun, the Chief Executive Officer [CEO] of the Tron Foundation recently tweeted:
“According to @dapp_review, #TRON #Dapp 24h volume has reached $11.8 M (355M #TRX) which already surpassed that of #ETH and #EOS. #TRON onward.”
The analysis by DApp review showed that the top 12 DApps on the Tron blockchain generated a user count of more than 42,000 in a 24-hour cycle. Just as earlier reports had shown, gaming DApps dominated the Tron blockchain over the usual suspects like gambling applications. Tronbet generated almost 70 percent of the total $11.8 million 24-hour volume, contributing $8.923 million.
At the same time, Ethereum clocked in approximately 12,000 users on its Dapps, which was just slightly more than a quarter of Tron’s haul. Ethereum DApps also generated a 24-hour volume of around $4.5 million with the biggest contributor being FCK with $1.713 million.
EOS, which had dominated the DApps scene before Tron went full throttle surprisingly had the highest number of users among the three, with more than 120,000 users on the platform. Despite this advantage, EOS DApps only generated a 24-hour volume of $9.4 million, still lesser than that of Tron’s.
Tron added another feather to its cap recently when the Foundation announced its integration with the Loom network. Tron’s official statement said,
“Today we’re proud to announce that the TRON integration is officially live - making this the second chain we’ve integrated into PlasmaChain after Ethereum.”
Tron’s DApp dominance was put on show earlier too when research stated that Tron was the fastest growing commodity when compared to Ethereum or EOS. Tron reportedly added 60,000 users while Ethereum and EOS added 25,000 and 9,000, respectively.
The post Tron’s 24-hour DApp volume zooms ahead of both Ethereum and EOS appeared first on AMBCrypto.
Source: AMB Crypto

Coinbase Custody Supports Blockchain Capital’s BCAP Security Token

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Coinbase Custody Supports Blockchain Capital’s BCAP Security Token
Coinbase Custody announced that they will be supporting Blockchain Capital (BCAP) deposits and withdrawals. Blockchain Capital’s native token BCAP is one of the very first security tokens for which they conducted an STO in April 2017.
Coinbase Custody Supports Blockchain Capital’s BCAP Security Token

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Source: CoinSpeaker

Tron’s [TRX] DApp dominance over Ethereum [ETH], EOS put on show as 3-month growth rate is calculated

Tron [TRX], the Justin Sun-led cryptocurrency, has had a rollercoaster of a bull run, with the coin climbing into the top 10 club for a short stint, before dropping out within a few hours. Despite this setback, Tron has seen a marked shift with respect to Decentralized Application [DApp] development, offsetting the hold held by the Vitalik Buterin-led Ethereum and EOS.
The latest analysis by DApp review shows that over the past three months, Tron has added 223 DApps into its ecosystem, a 92 percent growth that saw the number of DApps jump from 242 to 465. Its closest competitor was EOS, which recorded 117 DApps being listed in its roster, completing a 27 percent hike in the number.
Sun has always made it a point to inform users that Tron will perform better than Ethereum and that seems to have paid dividends in the DApp ecosystem. Ethereum included 186 DApps to its blockchain over the past 3 months, and its 11 percent growth paled in comparison to Tron’s 92 percent.
Tron has had its fair share of critics with Aman Bains, a cryptocurrency enthusiast commenting,
“The standard of dapps on tron is so dull it is making blockchain look legacy technology.They need to focus more on quality than quantity. The exit scams on tron like daily whales ? Y no action was taken by Justin sun was he too busy making chicken hongkong for his dinner with WB.”
Tron’s DApp prowess has been on show for the past couple of weeks now and this was also exhibited by the organization’s weekly reports. DApp review had also pointed out that Tron’s dominance was not just exclusive to the number of DApps, but also extended to its growth rate. The Tron Foundation tweeted,
“According to @dapp_review, as of May 27, new #Dapps on #TRON #Blockchain accounts for 31.4%, which is the fastest growing one compared with new #Dapps of other chains in last week. #TRX $TRX”
The post Tron’s [TRX] DApp dominance over Ethereum [ETH], EOS put on show as 3-month growth rate is calculated appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Market Wrap: Altcoin Losses Accelerate as Correction Continues

Crypto markets sliding slowly; EOS, Cosmos ETC accelerating losses, BSV and Tron holding steady. 
Market Wrap
The crypto correction appears to have slowed today but has not reversed and the short term trend is still downwards. Markets have settled a little following yesterday’s big dump but further losses could be imminent. Total market capitalization has now dropped below $250 billion.
Bitcoin has spent a large part of the past 24 hours hovering around $8,000 but could not hold that level. A slide last night dropped it back below $7,500 but BTC has since recovered marginally. Lower highs and lower lows indicate further losses however; Bitcoin is currently trading at $7,750.
Ethereum has weakened slightly and is now back below $245. Price has turned short term bearish and it is likely to mimic what Bitcoin does over the course of the day. Major ETH support lies at $240.
The top ten is still largely in the red for the third day this week. Losses have decelerated though and altcoins appear to be preparing for a bounce which may be short lived. EOS has dumped a further 6 percent dropping back to $6.20 while Litecoin hold steady above it in fifth. The rest have not moved much aside from Bitcoin SV which, adding another 4 percent, could be manipulated again.
Top twenty movements during Asian crypto trading today are larger, and mostly in a southerly direction. Ethereum Classic has dumped the most with 11 percent back to $8.18 while Cosmos is close behind dropping 8. NEO and Tezos continue their slide with another 6 percent lost each. Only Tron is making a little back today as 4 percent is added to TRX to reach $0.035.
FOMO: HedgeTrade Hedges In
Something called HEDG has surged into the top one hundred with a 50 percent pump today however an obscure spike in price that instantly dumped is responsible. GXChain and Bytom are both going strong at the time of writing with 14 percent added each and Revain has been revived with a 13 percent gain on the day.
At the messy end of the tables Crypto.com Chain sliding back 12 percent. Ravencoin is also in a bad way this morning with an 8 percent dump.
Total market cap 24 hours.
Total crypto market capitalization has declined for another day but only by 1.6 percent to $248 billion. Over the week a downtrend has started to form and losses could accelerate if Bitcoin and its brethren cannot hold their support levels. Daily volume is still a high $80 billion and BTC dominance has crept back up to 55.7 percent.
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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