IOTA [MIOTA] yields massive output post partnership with Avery Dennison

IOTA [MIOTA] has recently been expanding its reach by increasing partnerships with other companies. The recent partnerships with an agtech french startup and Avery Dennison have proven to be in the best interests of MIOTA. The partnership with the clothing line resulted in IOTA’s price shooting up by 52% on the seven-day time frame.
The agreement with Avery Dennison intends to produce sustainable goods and clarity in the production of the same. It was first tested out with the ALYX brand, which allowed customers to track their products in real time on the supply chain, making the production of goods as transparent as possible through the use of blockchain technology.
Priced at $0.3973 with a market cap of $1.1 billion, IOTA ranks 15th overall. Post the partnership with Avery Dennison, IOTA saw a six-month high of $0.4375, escalating from $0.2708. Although the price has come down due to the recent price pull of Bitcoin which forced the market to tread low, IOTA seems to be doing well and no drastic fall in prices was seen.
Source: TradingViewA similar partnership was seen with Jaguar and a french agtech startup OKP4 to store and share information with IOTA coins as a reward. The 52% increase can also be attributed to all of these partnerships, which accumulated overtime and showed the gross result.
The post IOTA [MIOTA] yields massive output post partnership with Avery Dennison appeared first on AMBCrypto.
Source: AMB Crypto

Crypto-Market Update: MCap Nears $250 Billion; Alts XRP, ETH, BNB, XTZ Join Bitcoin’s [BTC] Bull Run

Bitcoin [BTC] rose from $6000 to $8000 in less than a week. The gain on Bitcoin since the beginning of the month is 52.2%. Moreover, the sudden unprecedented rise made the altcoin traders wary of their investments as it continued to lose value to BTC. Altcoins traders which seemed to be losing value to Bitcoin maximalists are finally seeing green in their ledger.
Bitcoin’s rise cooled of near $8000 for the moment, the low and high from yesterday was $7621 and $8350 respectively. The price of BTC at 4: 00 hours UTC on 15th May 2019 is $8031.
XRP and XLM Continue Gaining on Consecutive Days
XRP seemed to begin the altcoin run as it gained more than 30% on Tuesday. It has continued to gain on the following day as well, as the price of XRP is trading 20.66% higher on a daily scale. The price of XRP at hours UTC on 15th May is $0.432.
XRP/USD 4-Hour Chart on Kraken (TradingView)
Stellar (XLM) which is closely related to ripple in terms of audience and vision rose with the ride as well. The price of Stellar is $0.119. It is trading 13.5% higher on a daily scale.
Ethereum, Bitcoin Cash [BCH], Litecoin [LTC]
Ethereum, the second largest cryptocurrency according to total market capitalization; it added another $2 billion to it in the past day. Moreover, Ethereum also rose w.r.t. Bitcoin [BTC] as it climbed back above 0.027 BTC.
ETH/BTC 1-Day Chart on Coinbase (TradingView)
Bitcoin Cash [BCH] and Litecoin [LTC] trading were trading at par on a daily scale. However, the rise in Bitcoin Cash [BCH] has been impressive almost equivalent to Bitcoin [BTC] as it gained almost 50% since the beginning of the month.
BCH/USD 1-Day Chart on Coinbase (TradingView)
The gain on Litecoin [LTC] has been in double digits as well. It broke above the $78 support and resistance, to trade in the $90 range.
Binance [BNB] Coin Breaks $25
Binance [BNB] coin broke above its previous all-time high as it traded above $25. The price which was looking towards the downside last week due to the hack at Binance Exchange has recovered to cement its 7th position w.r.t total market capitalization.
BNB/USD 1-Day Chart on TradingView
BNB seems to be getting resistance from the all-time high levels as it tries to break it for the third time in a month.
Tezos [XTZ], Cardano’s ADA and Tron [TRX] and IOTA Record Double-Digit Gains
Many altcoins traded in the green with double-digit gains on a daily scale. While all ‘good’ alt projects have been in the development phase in the past year, there was no specific reason for the rise of these altcoins except the bull run from Bitcoin [BTC].
Amongst the $1 billion MCap cryptocurrencies, Tezos [XTZ], Cardano’s ADA, Tron [TRX] and IOTA gained above or around 10%. ADA and TRX gained 11.6% and 10.7% on a daily scale. The price of ADA and TRX at 4: 00 hours UTC on 15th May 2019 is $0.085 and $0.0284 respectively. Furthermore, the gains on XTZ were more stupendous as its price broke above $1.6. It gained 17.4% on a daily scale.
The total market capitalization of the cryptocurrency market is closing in on $250 billion as it added about $4 billion in the past day. The dominance of Bitcoin [BTC] corrected from its yearly high of 60%, currently at 58.2%.
With the bull run in progression do you think we’ll reach 2017 highs soon or more accumulation is required? Please share your views with us.
The post Crypto-Market Update: MCap Nears $250 Billion; Alts XRP, ETH, BNB, XTZ Join Bitcoin’s [BTC] Bull Run appeared first on Coingape.
Source: CoinGape

Crypto Markets Surge $27 Billion In a Day To Nine Month High

Crypto markets surge to nine month high; Bitcoin, XRP, BCH, EOS and IOTA commanding things.
Market Wrap
The ice has melted. Crypto winter is now over as markets surge an epic 13 percent on the day to hit a new high not seen since September last year. Bitcoin has led the pack once again but some of the altcoins are getting double digit gains today. Total market capitalization has pumped close to $240 billion, doubling since mid-February.
Bitcoin breezed past $8,000 a few hours ago to record a high of $8,050, its highest price for almost nine months. The monumental daily pump is the second time in less than a week that BTC has surged by a thousand dollars. The big pullback that everybody has expected has not arrived yet and momentum is still extremely bullish for the king of crypto.
Ethereum has finally broke and remained over $200 as it too grabs the coat tails of Bitcoin and rises 10 percent. ETH was trading just below $210 at the time of writing and is likely to go higher according to the technicals.  ETH has not had a sustained run above $200 since early November and the FOMO is getting shared around today.
The top ten is on fire at the moment. XRP has shot off like a rocket with over 20 percent added in its largest single move since December last year. Currently trading at $0.387, XRP volume has pumped to over $3 billion. Bitcoin Cash is getting a double digit gain of 11 percent as it knocks on the door of $400 and EOS is over $6 again with 12 percent added on the day. Even the lack luster Stellar and Cardano are pumping ten percent today as the altcoins awaken.
The party has continued into the top twenty during Asian trading with IOTA getting the biggest gain of 13 percent to reach $0.353. Double digits are also cranking prices up for Monero, Dash, Ethereum Classic, NEO and Ontology.
FOMO: Ripple Army Marches
XRP its today’s top performing crypto asset. Forbes has run a piece on the expansion of the XRP ledger and the company has been relentless in securing new banking partners. Holo is the second best performing altcoin in the top one hundred at the moment as it surges over 15 percent. There are too many other altcoins in double digits to mention here at the moment.
Not all of them have been invited to the party though. Maximine Coin is dumping again with MXM at the bottom of the pile dropping 8 percent. KuCoin Shares is the other big loser today with a 6 percent slide.
Total market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization has surged by a monumental $27 billion over the past 24 hours. At $238 billion things have not been this high since early September, nine months ago. Back then the trend was downwards, but over the past three months things this time have been on the up. Daily volume is approaching a record high of $95 billion as fomo grips crypto land once again.
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 Markets Surge $27 Billion In a Day To Nine Month High appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto Market Target Additional Gains: EOS, Bitcoin Cash, TRX, IOTA Analysis

The total crypto market cap broke the $168.0B resistance and settled above $170.0B.
EOS price is currently facing a strong resistance near the $4.80 and $4.85 levels.
Bitcoin cash price is currently correcting recent gains towards the $265 or $260 support.
Tron (TRX) price failed to move past $0.0245 and declined towards $0.0235.
IOTA started a downside correction below the $0.3000 support level.

The crypto market cap is currently consolidating, with corrective moves in bitcoin (BTC) and Ethereum. BCH, ripple, and altcoins like IOTA, TRX and ADA remains supported on dips.
Bitcoin Cash Price Analysis
Bitcoin cash price rallied earlier this week and broke the $265 and $270 resistance levels against the US Dollar. The BCH/USD pair tested the $275-280 zone and it is currently correcting lower. It broke the $270 level and it seems like the price may test the key $265 support level.
Any further losses may push the price towards the $260 support level. On the upside, a follow through above $270 and $272 may perhaps open the doors for a sharp upward move in the near term.
EOS, Tron (TRX) and IOTA Price Analysis
EOS price recently tested the $4.80 and $4.85 resistance level. The price is currently correcting lower and testing the $4.75 level. The main support on the downside is at $4.70, below which there is a risk of a fresh decline towards the $4.55 support level. On the upside, a close above the $4.85 level is must for a test of the $5.00 resistance level.
Tron is still trading in a bearish zone and it recently struggled to gain strength above $0.0242. TRX price declined below the $0.0240 support and it remains at a risk of more losses. An initial support is at $0.0232, below which the price may revisit the $0.0225 level. On the upside, the main hurdles are $0.0242 and $0.0245.
IOTA (MIOTA) started a downside correction after a strong rally. IOTA price recently traded below the $0.3000 support and it is currently down 2.6%. An immediate support is at $0.2950, below which the price may test the $0.2920 level.

Looking at the total cryptocurrency market cap hourly chart, there was a solid upward move above the $168.0B and $170.0B resistance levels. The market cap is currently moving in a range and facing hurdles near the $174.0B and $175.0B levels. A successful close above the $175.0B resistance is likely to push the market cap towards the $180.0B resistance level. On the downside, there is a strong support forming near the $170.0B level and the 100 SMA on the same chart. Therefore, dips remains supported in bitcoin, ETH, TRX, litecoin, EOS, ripple, XLM, XMR and other altcoins in the near term.
The post Crypto Market Target Additional Gains: EOS, Bitcoin Cash, TRX, IOTA Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

Top losers: IOTA falls by 7% as Jaguar integration hype fades; Bitcoin Cash [BCH], BNB and Cardano follow suit

The last day of April was bad for the cryptoverse as the collective market was colored red. The month saw the Bitfinex-Tether episode come to light, bringing down the valuation of Bitcoin [BTC] and other altcoins shortly after. The market was yet to recover from the skydiving prices, at press time.
Source: CoinMarketCap
IOTA [MIOTA]
Source: Trading View
Following the news about its integration with Jaguar, MIOTA jumped by almost 17% yesterday. Jaguar had announced that it will enable its drivers to earn IOTA [MIOTA], while sharing their driver data. Furthermore, the statement also said that IOTA would be developing “smart wallet” technology for Jaguar cars.
Although investor sentiment shifted in the token’s favor, it failed to sustain the momentum and saw significant correction on April 30. At press time, the coin was priced at $0.289 after falling by 7.30% over the past 24 hours. The token’s market cap stood at $803 million, with a 24-hour trading volume of $76 million.
Binance registered the highest trade volume for the token via its IOTA/BTC and  IOTA/USDT pairs, which was 26.32% and 15.98% of the total trade volume, respectively. IOTA/BTC registered $20 million in trade volume while IOTA/USDT accounted for $12 million.
Bitcoin Cash [BCH]
Source: Trading View
Bitcoin Cash suffered the bear’s wrath over the past week. After falling by almost 21.15% over the past week, the Bitcoin hard fork was trading at $236.51, at press time. The coin registered a market cap of $4.19 billion and a 24-hour trading volume of $1.4 billion. Any recovery in prices in the short-term was unlikely since the coin was still falling by 0.38% over the hour, at press time.
Many investors attributed several reasons, apart from the Bitfinex-Tether episode, for BCH’s failed price recovery. Twitter user, Joseph Fiscella, said,
“From what I understand, Bitcoin Cash $BCH is in serious danger due to the fragmentation of ABC/Unlimited nodes running on their network. ABC contains max reorg depth consensus code, which is not found in Unlimited, and could permanently split the network under certain conditions.”
OEX and LBank registered the highest BCH trading volumes, with $167 million and $123 million via BCH/USDT and BCH/BTC pairs, respectively.
Binance Coin [BNB]
Source: Trading View
Binance Coin enjoyed a relatively stable week after reaching its all-time high valuation of $25. The announcement of the Binance Mainnet acted as a catalyst to the surge in the token’s price. However, the Bitfinex-Tether fiasco, coupled with market correction and the fall of other altcoins, pulled the token’s price down.
At press time, BNB was trading at $21.46 with a market cap of $3.02 billion and 24-hour trading volume of $191 million. It was falling by 5.24% over the day. The token had fallen by 10.54% over the week and was falling by 0.71%, at press time. Binance registered the highest trading volume for the token via the BNB/USDT and BNB/BTC pairs, accounting for 24% and 15% of the total trade volume, respectively.
Cardano [ADA]
Source: Trading View
Cardano lost 17.68% of its valuation over the past week. Following the April 1 market surge, the token continued to fall through the month. Over the course of the past four weeks, the coin broke multiple support points, with investors and analysts trying to ascertain a bounce-back point.
At press time, the token was valued at $0.065 after falling by 5.09% over the past 24 hours. ADA registered a market cap of $1.69 billion and a 24-hour trading volume of $72 million.

However, some analysts were predicting a good future for the coin, once it finds a strong support point. Twitter user, CrytpoUB, said,

“$ADA – I reopened my long position (at 1363) that I closed the other day. Daily support held on Binance without any closes below Green. Reclaiming 1404 as support is Key.”

The post Top losers: IOTA falls by 7% as Jaguar integration hype fades; Bitcoin Cash [BCH], BNB and Cardano follow suit appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Market Wrap: Red Across The Board, Is a Big Selloff Imminent?

Crypto markets in decline; All assets falling, Bitcoin Cash, BNB, Cardano and IOTA falling harder.
Market Wrap
Crypto market momentum appears to be running out of steam and analysts are calling for a pullback. Red is the dominant colour across the boards during Asian trading this morning as total market capitalization slips back below $170 billion.
Bitcoin has failed to make any further progress above $5,300 and has retreated back below it today. Down around 1.4 percent BTC is currently hovering around the $5,230 level and is likely to fall further as the week goes on. Several prominent crypto traders have predicted a drop below $5k and even back to the low $4,000s.
Ethereum has not moved at all and is still at $157. Chances are though it will plummet as soon as Bitcoin makes a move though there is still pretty strong support for ETH at $150 which could see it correct back to $160.
The top ten is awash with red at the time of writing. Bitcoin Cash is dumping the most again today as it sheds a further 7 percent down to $237. Binance Coin and Cardano are the next big losers as they both drop 5 percent on the day to $21.47 and $0.065 respectively.
More red has painted the top twenty over the past 24 hours. IOTA is dumping recent gains indicating that the partnership announcement clearly wasn’t enough to keep this token buoyed up. A 7 percent loss takes MIOTA back to $0.29. Tron and Ontology have dropped 4 percent and the rest are falling back a little less.
FOMO:  NEXT Enters The Top 100
There are no fomo pumps occurring today, in fact only one altcoin is actually in the green at the moment and that is NET adding 4 percent to creep into the top one hundred. The Coinbit based token is trading at $0.91 at the moment, no others are moving up aside from stablecoins.
Today’s big dump is Ravencoin as it falls out of the sky by 14 percent back to $0.045. DigixDAO is also in pain falling back below $30 as the gold backed token drops 10 percent and Ark is not far behind also losing 10 percent on the day.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization is about to fall out of its range bound channel. It is currently down 1.75 percent to $168 billion as $3 billion left the space over the past 24 hours. Daily volume has increased to $45 billion but things appear to be flowing out at the moment. All signs are pointing to further declines at the time of writing.
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: Red Across The Board, Is a Big Selloff Imminent? appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto Market Wrap: IOTA FOMO Keeping Markets Steady

Crypto markets lethargic on Monday morning; Bitcoin holding steady, Ontology dumping, IOTA mooning.
Market Wrap
Crypto markets are still pretty lethargic this Monday morning. Following a weekend of inactivity things still have yet to wake up for most crypto assets. Total market capitalization has remained above $170 billion as the sideways trading continues.
Bitcoin has been pretty inert for the past 24 hours, hitting $5,320 twice before pulling back to $5,260. At the time of writing BTC was trading just over $5,300 again, no change from this time yesterday. Bitcoin is still in the channel for now.

Nothing new to report on $BTC. Still in the channel, and still going up. Will short on confirmation of a break of the channel or break in OBV otherwise no position or going long seems more logical. pic.twitter.com/RymhLtd0d2
— Income Sharks (@IncomeSharks) April 29, 2019

Ethereum has dropped back a little and is currently at $158, still pretty weak considering recent gains. ETH has dumped over 7 percent since this time last week and has formed a down trend as it continues to weaken.
The top ten has more red than green in it during today’s Asian trading session. Bitcoin Cash has lost the most as it falls back 4 percent to $254. Continued selling pressure will enable EOS to retake fourth place soon as the market cap gap is now just $50 million. Litecoin has dropped another 2 percent back to $70 but the rest are unchanged.
Top twenty action is a little more lively with IOTA having a moonshot at the moment. The big partnership with Jaguar is today’s top news and IOTA has pumped 15 percent on the day to reach $0.31. Maker is also back in form with a 7 percent surge at the moment taking MKR to $557 and Ethereum Classic is up 3 percent. Dumping hard following yesterday’s pump is Ontology shedding 7 percent on the day. Tezos is also having a pullback dropping almost 5 percent today.
FOMO: ODEM Still Cranking
The fomo has continued for ODEM today as the education based token adds another 15 percent. Over the past week ODE has made over 50 percent and momentum rolls on for now. A very close second also with similar gains is IOTA, surging on the recent partnership news. Japan’s Monacoin has crept back over a dollar with 10 percent gained on the day.
There are no double digit dumps today but Ontology is at the bottom of the top one hundred pile closely followed by Dent dropping 6 percent.
Total crypto market capitalization has not moved since yesterday and remains at a touch below $172 billion. Daily volume is still around $40 billion and the consolidation continues. There is not much to report from crypto land today aside from the IOTA fomo.
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: IOTA FOMO Keeping Markets Steady appeared first on NewsBTC.
Source: New feedNewsBTC.com

IOTA Finally Awakens, Surges 20% On Big Automobile Partnership

Nothing boosts a cryptocurrency better than news of a big partnership and they have been few and far between during the crypto winter. Many altcoins have simply flat-lined at their lowest levels for a long time but one has recently been revived on the news of a big partnership.
Jaguar Land Rover to Offer IOTA Rewards
Britain’s largest auto manufacturer announced yesterday that it has begun testing software that will allow drivers to be rewarded in cryptocurrency for sharing data. The Reuters report added that Jaguar Land Rover is developing a ‘smart wallet’ that will be installed into vehicles to enable crypto deposits. Drivers would be able to earn IOTA for sharing information such as traffic conditions, or potholes via automatic sensors connected navigation providers or local traffic authorities.
Crypto rewards could also be earned for participation in ride sharing programs and they can be used to pay tolls, parking fees or charging points for electric cars added Jaguar. The firm stated that it had the goal to “achieve zero emissions, zero accidents, and zero congestion,”
According to the report the new technology is being tested at the new Jaguar Land Rover software engineering base in Shannon, Ireland. The Jaguar F-PACE and Range Rover Velar models have already been fitted with the ‘smart wallet’ and engineers will be testing with the IOTA blockchain.
IOTA co-founder and board co-chairman, Dominik Schiener, told Reuters;
“The smart wallet technology can be easily adapted into all new vehicles. IOTA wants to enable interoperability with all these different players. So there is no Jaguar coin, no BMW coin, but one universal token for this machine economy,”
Not all are convinced IOTA was the right choice and the Bitcoin maximalists chimed in as expected;

Jaguar will start giving $IOTA as rewards to its drivers…
Then they'll figure out that IOTA is vaporware…
And instead will do what they should have done all along…
Reward their drivers with Bitcoin
— Josh Rager (@Josh_Rager) April 29, 2019

However, what he fails to acknowledge is that it is unlikely that the Bitcoin network would be able to handle the volume of transactions necessary to facilitate this new crypto ecosystem.
IOTA Market Reaction – FOMO City
As expected IOTA markets reacted instantly and the token surged from an intraday low of $0.26 to $0.32 and is still going. Daily volume had also doubled from $10 million to $25 million at the time of writing. The 20 percent pump has been a long time coming for IOTA which has dropped way down the market cap charts in recent months.

let's rip $IOTA pic.twitter.com/alvdljjdFM
— The Crypto Dog (@TheCryptoDog) April 29, 2019

Since the beginning of the year IOTA has lost 13 percent and has been extremely bearish. In contrast coins like BNB have made 300 percent this year so IOTA has a lot of catching up to do. From its all-time high of over $5 the Tangle based token has dumped almost 94 percent and has been one of the worst performing altcoins recently. IOTA has been pretty inactive since September last year and has flat-lined for the past seven months.
IOTA prices 24 hours. Coinmarketcap.com
This partnership could finally be the lifeline that IOTA needs to pull it off the bottom and get back into bullish territory. The only hope for MIOTA hodlers is that a big dump does not follow today’s pump.
Image from Shutterstock
The post IOTA Finally Awakens, Surges 20% On Big Automobile Partnership appeared first on NewsBTC.
Source: New feedNewsBTC.com

Crypto-Market Update: Bitcoin (BTC) Recovers But Altcoins XRP, XLM, and XMR Test Support Levels

Bitcoin continued to build support above $5250 over the weekend after incurring losses due to the Bitfinex Vs. New York AG court proceedings revelation. The bulls seemed to have increased the buying pressure tremendously about the $5000 mark.
However, the altcoins haven’t seemed to recover from the sudden price drop and have continued to trade lower on a weekly scale.
BTC/USD 1-week Chart on Coinbase (TradingView)
The price of Bitcoin at 4: 30 UTC on 26th April is $5295. It is trading 0.5% higher on a daily scale and at par on a weekly scale as well. This is the third continual week when Bitcoin maintained its price above the $5150 mark on an average.
Also Read: Bitcoin Weekly Forecast: The Tag of War Between the Bears and The Bulls Carries On
Litecoin [LTC] and Bitcoin Cash [BCH]
Bitcoin Cash [BCH] broke below the $300 mark on 11th April after gaining over 120% since the beginning of the year at $330. However, it is testing the $250 as support.
BCH/BTC 1-Day Chart on Coinbase (TradingView)
The price of Bitcoin Cash [BCH] at 4: 00 hours on 29th April 2019 $254. It is trading 3.54% lower on a daily scale.
Litecoin [LTC] broke below the key support level at $78 dollars. The price of Litecoin [LTC] at 4: 00 hours on 29th April 2019 $68.11. It is trading 2.67% lower on a daily scale.

LTC/USD 1-Day Chart on Coinbase (TradingView)
XRP and Stellar (XLM)
XRP and Stellar are also testing key support levels. The number of stablecoins and speculations of company-specific coins like Samsung, Facebook and even existing cryptocurrencies like Binance has aimed to foster the development using their platform itself.
The price of XRP is trading below the $0.3 level. The price of XRP  at 4: 00 hours on 29th April 2019 $0.297. It is trading at par on a daily scale.
Peter Brandt, a leading chart analyst tweeted an analysis of XRP suggesting it is at “do or die point,
XRP/USD Chart Analysis (Peter L. Brandt)
Stellar (XLM) is also trading below the $0.1. Monero (XMR) is also testing the support level at $60. The price of Monero (XMR) at 4: 30 Hours UTC on 29th April is $61.3. It is trading 2.59% lower on a daily scale.
While Tron (TRX) and EOS traded at par with the price from the past day, they are trading 6% and 10% lower respectively on a weekly scale. Tezos (XTZ) and Basic Attention Token (BAT), two of the biggest gainers of the month, traded at $1.18 and $0.398 respectively.  IOTA gained more than 10% on a daily over its new partnership with British Car Manufacturer, Jaguar Land Rover.
Total Market Capitalization of Altcoins Excluding Bitcoin (Coinmarketcap)
As the total market capitalization of the cryptocurrency market is still around $170 billion, the dominance of Bitcoin [BTC] has been on the rise since the second week of April. The dominance of Bitcoin over the cryptocurrency markets is currently 54.5%. While Bitcoin recovered from the sudden move on 26th April on Bitfinex hysteria, altcoins have continued to trade in below $80 billion.
Do you think that altcoins will continue to lose or a revival is on the horizon? Please share your views with us. 
The post Crypto-Market Update: Bitcoin (BTC) Recovers But Altcoins XRP, XLM, and XMR Test Support Levels appeared first on Coingape.
Source: CoinGape

Crypto Market Wrap: Consolidation Continues, When Can We Expect a Breakout?

Crypto markets lethargic on lazy Sunday; Bitcoin Cash. Litecoin and IOTA falling back again, BNB holding.
Market Wrap
There has been little movement on crypto markets over the weekend. Gains have largely held though there have been more sellers than buyers for most of the coins. Total market capitalization has remained above $170 but could well drop back if the bears maintain their presence.
Bitcoin dropped to an intraday low of $5,060 a few hours ago before recovering back to over $5,100 where is has been for most of the weekend. Volume is back at $10 billion which indicates that the bulls could be running out of steam. BTC is down a little on last weekend’s prices but has held gains made over the month and is still on the path to the ‘golden cross’ which is a bullish sign.
Ethereum is slowly weakening also and is now back below $165 again. With no further bullish action markets are consolidating at this level but slowly trending downwards again. Without another big push by Bitcoin, Ethereum and the rest will continue to weaken as volumes decline.
The top ten is all red again today as altcoins start to slide during the Asian trading session. Bitcoin Cash and Litecoin have lost the most at around 3% falling back to $275 and $77 respectively. BCH has held on to fourth spot over EOS but only just. Binance Coin is the only one not to lose out at the moment as it adds a percent or so reaching $18.60.
The top twenty is also awash with red at the time of writing with largest losses happening at IOTA which has dumped 6.5% on the day. NEO, Ontology and Maker have all lost over 3% today and Bitcoin SV is not far behind.
FOMO: REPO Pumps Again
Today’s top performing altcoin in the top one hundred is Repo as it gets another pump of 30%. There appears to be nothing fundamentally driving momentum for this altcoin which is up and down on a daily basis. Following days of dumping Maximine Coin is finally recovering a little with a 20% pump today. Enjin Coin is also adding to yesterday’s gains with a further 12% today.
There is only one double digit dumper today and that is yesterday’s fomo coin, TrueChain, which has lost 10% on the day. WaykiChain continues to slide with 7% dropped and IOTA is also in pain at the moment.
Total market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization has not moved a lot over the past 24 hours. A lazy Sunday appears to be in store as markets remain range bound at $172 billion, down $2 billion from the same time yesterday. Daily volume is diminishing and has dropped back to $35 billion as the consolidation continues.
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: Consolidation Continues, When Can We Expect a Breakout? appeared first on NewsBTC.
Source: New feedNewsBTC.com

Ripple, IBM, SWIFT and 100 Other Firms Join New EU Blockchain Association

Coinspeaker
Ripple, IBM, SWIFT and 100 Other Firms Join New EU Blockchain Association
More than 100 organizations and firms including IBM, Ripple and Swift signed a charter to join a newly created International Association of Trusted Blockchain Applications.
Ripple, IBM, SWIFT and 100 Other Firms Join New EU Blockchain Association

Continue reading at Coinspeaker
Source: CoinSpeaker

Crypto Market Jumps $10 Billion: Bitcoin Cash, Tron (TRX), ADA, IOTA Analysis

The total crypto market cap is accelerating higher above the $140.0B resistance level.
Bitcoin cash price is about to clear the $170 resistance level.
Tron (TRX) is up around 10% and it could accelerate above the $0.0260 level in the near term.
Cardano (ADA) is slowly rising towards the $0.0720 resistance area.
IOTA (MIOTA) is up around 4% and it recently broke the $0.3250 resistance area.

The crypto market is climbing higher, with solid gains in bitcoin (BTC) and Ethereum (ETH). Tron (TRX) rallied more than 8%, and ripple, Litecoin (LTC), IOTA and Cardano (ADA) are trading with bullish moves.
Bitcoin Cash Price Analysis
Bitcoin cash price found support near the $162 level and later bounced back above the $165 level against the US dollar. The BCH/USD pair is currently trading nicely above the $168 level and it is likely to climb above the $170 resistance level in the near term.
On the upside, the next key resistance is at $172, above which the price may revisit the $175 level. On the downside, the key support is $165, followed by the $162 pivot level.
Tron (TRX), ADA and IOTA Price Analysis
Tron price formed a solid support base above the $0.0232 level. Finally, TRX buyers gained traction and pushed the price above the $0.0235 and $0.0240 resistance levels. It opened the doors for more gains and the price rallied above the $0.0250 level. The next key stop for buyers is near the $0.0260 level.
Cardano price recently climbed above the $0.0700 level and later started consolidating gains. ADA price is currently moving higher and it may soon test the $0.0720 resistance. A clear break above $0.0720 is likely to open the doors for a push towards the $0.0750 level. On the downside, the main support is at $0.0700.
IOTA (MIOTA) started a decent upward move above the $0.3100 resistance levels. It broke the $0.3180 and $0.3200 resistance levels and it is currently trading above the $0.3250 level. The next stop for buyers could be $0.3500.

Looking at the total cryptocurrency market cap hourly chart, there was a slow and steady rise above the $135.0B and $137.0B resistance levels. The market cap even broke the $139.0B and $140.0B resistance levels. The current bias is very positive and suggests more gains above the $142.0B and $144.0B levels in the near term. On the downside, there are many supports near the $139.0B level, which was a resistance earlier. There is also a major bullish trend line in place with support near the $139.0B level. Overall, the market is placed nicely in a positive zone, and there could be more upsides in bitcoin, Ethereum, EOS, ripple, IOTA, litecoin, BCH, ICX, EOS, XLM, and other altcoins.
The post Crypto Market Jumps $10 Billion: Bitcoin Cash, Tron (TRX), ADA, IOTA Analysis appeared first on NewsBTC.
Source: New feedNewsBTC.com

IOTA [MIOTA] surges by 7% as retail expansion prospects brighten following Zeux App integration

IOTA [MIOTA], the 14th largest coin in the market was buoyed by its recent integration with the Zeux platform, resulting in the coin surging by 7% against the US Dollar. The coin closed the gap with the privacy-centric Monero [XMR], and trailed the latter by $15 million, at press time.
Zeux announced the MIOTA addition on 21 March via a Medium blog post, and added that this integration will boost the coin’s retail use. Merchants that cater to Apple Pay and Samsung Pay users will now accept MIOTA as well.
The Zeux platform will roll out in Europe by April, and will enter the US in 2020. The application claims to be a “digital banking solution for both fiat and cryptocurrencies,” and plans on tying up with several merchants at the retail level. Zeux already received its license from the UK’s top regulatory body, the Financial Conduct Authority.
Their tweet announcing the integration stated,
Source: Twitter
Frank Zhou, Founder and CEO of Zeux, believes that the partnership will help propel cryptocurrencies into mainstream retail use. Zhou is looking forward to working with IOTA’s Tangle technology, a Distributed Ledger Technology [DLT] facilitating machine-to-machine interactions, seamless micropayments, and data transfers. Referencing Tangle, he said,
“As a distributed ledger with zero transaction fees, The Tangle is a very promising chain for us to build our customer data Dapp.”
Source: Trading View
IOTA was trading at a stagnant price level of $0.291, with a brief surge to $0.302 on 16 March. After dropping to $0.285, the coin later saw a massive increase of 7.97 percent and pushed the price to $0.308.
The rise continued with the coin reaching $0.315 in the next six hours, peaking at $0.323 on 22 March. At press time, the coin was trading at $0.319. This was the coin’s highest price since 24 February.
In terms of market capitalization, the coin was hovering around the $830 million mark, prior to a drop to $806 million. Following this, the coin’s valuation shot up to $876 million, peaking at $899 million. At press time, the market cap had dropped by over $10 million, and was valued at $887 million.
The South Korean exchange, UPbit, took the top spot in terms of IOTA trade volume, accounting for over 27.6 percent of the total volume in the trading pair IOTA/KRW. Other prominent exchanges in the MIOTA market were Binance, Bitfinex, and Huobi Global.
Zeux had previously integrated Qtum [QTUM] on its application, resulting in a whopping 36 percent price hike for the coin.
The post IOTA [MIOTA] surges by 7% as retail expansion prospects brighten following Zeux App integration appeared first on AMBCrypto.
Source: AMB Crypto

IOTA [MIOTA] Price Jumped 6 Percent Higher After FCA Regulated Firm Confirmed IOTA Crypto Payment Listing

While the leading cryptocurrencies are struggling to afloat – IOTA’s MIOTA crypto coin see a big gain of more than 6 percent within a couple of hours. At the moment, the coin trades at $0.31 in against US Dollar.
IOTA [MIOTA] Surged by 6.53%
With a strong bullish outlook over the short-term period, IOTA (MIOTA) sits at 14th spot with average trading volume $885,429,923. According to the data by Coinmarketcap, IOTA (MIOTA) looks too closer to grab the 13th position of Monero which stands with an average market cap of $904,282,55, declining with 2.72 percent within 24 hours.
Source: Coinmarketcap.com
Following the market, IOTA’ majority of the trading volume was split among Upbit, Binance, Bitfinex and Huobi Global. Upbit Contributed transactions as much as $9,938,691 in pairs of IOTA/KRW while Binance contributed transaction worth $6,956,747 in pairs of IOTA/BTC.
Zeux Push for Wider IOTA Adoption
As the coin blooms higher among the top 15 cryptocurrencies, many speculate that the surge is due to the latest IOTA listing announcement at Zeux banking service app. Consequently, it was announced on March 21, 2019, that the Zeux app is soon adding IOTA crypto following its partnership with IOTA foundation.
Zeux has teamed with the IOTA Foundation to create a system that will allow users to use MIOTA tokens as payment with merchants that accept Apple Pay and Samsung Pay.

We are excited to announce we are adding another #cryptocurrency #IOTA token for crypto #payments in @ZeuxApp https://t.co/MYnbon8btQ@iotatoken @frankjzhou @DavidSonstebo @DomSchiener @NickAyton @popochen888 @pomp
— Zeux (@ZeuxApp) March 21, 2019

Zeux is reportedly an FCA authorized financial service company which will be launched in April this year in Europe. Further plans to launch in the US in 2020 across various merchants including coffee shops and grocery stores. Per the reports, IOTA users can use MIOTA tokens at regular stores to buy any regular items, provided that such stores/shops are favoring Apple Pay and Samsung Pay systems – this is because customers can pay MIOTA for items via Apple Pay and Samsung Pay.
Also Read: Starbucks to Finally Accept Cryptocurrency Payments Through QTUM
Founder’s View
The Zeux app integrates all banking payments at its one app and the latest integration of MIOTA token will likely boost the adoption of crypto at large. As per the report, the company is free from fees for opening an account, money transfers, top-up or crypt payment commissions. Concerning the announcement, IOTA foundation’s founder, David Sønstebø says that;
This partnership with Zeux will provide a significant convenience benefit for IOTA ecosystem. We are very excited about this. Now IOTA digital currency can be used as payment with merchants that accept Apple Pay and Samsung Pay. By combining existing technology with another form of currency, this is a big step forward towards the adoption of crypto for the masses.
In similar regards; Zeux’s founder and CEO, Frank Zhou embraced the partnership with crypto player IOTA and stated that;
As a distributed ledger with zero transaction fees, The Tangle is a very promising chain for us to build our customer data Dapp. This marks another step forward in our journey. We look forward to working with IOTA and giving their customer base even more financial freedom.
So as for now, IOTA is still not integrated at Zeux app– rather the firm has announced the listing. As soon as the partnership news rolled, IOTA began seeing bullish run. Stay tuned to know when IOTA will finally be live on Zeux app.
The post IOTA [MIOTA] Price Jumped 6 Percent Higher After FCA Regulated Firm Confirmed IOTA Crypto Payment Listing appeared first on Coingape.
Source: CoinGape

Crypto Market Wrap: IOTA Ignoring Pullback, Adds 13% on Payment App Addition

Crypto markets correcting again; IOTA, Ethereum Classic and Tezos moving, Ontology dumping.
Market Wrap
There has been some movement in crypto markets over the past 24 hours but unfortunately it has been in the downward direction. Red dominates the charts at the moment and total market capitalization has fallen back below $140 billion after reaching a monthly high yesterday.
Bitcoin managed to touch $4,100 yesterday but its stay there was extremely brief as a dump imminently followed. The plunge knocked $100 off the price of BTC in less than an hour but it has since recovered to $4,030. Volume remains over $10 billion and Bitcoin is still holding at resistance levels for now.
The minor correction has hit altcoins harder as usual, especially Ethereum which has dropped 2.5% overnight to fall back to $136. ETH has lost almost all gains made over the past seven days as it begins to weaken once again. XRP is not faring any better and has also lost 2% dropping back to $0.311.
All cryptos in the top ten are red during Asian trading today. Those dropping the most include Bitcoin Cash, Binance Coin and Stellar with 4 percent declines. Tron also continues to weaken and is now back to tenth spot with a $1.5 billion market cap.
The top twenty has a few beacons of green as some altcoins continue to pump defying the market pullback. IOTA is one of them as it makes 13% on the day to reach $0.322 from an intraday low of $0.285. The momentum has been driven by payments App Zeux adding IOTA for crypto payments at all shops.

Payments App @Zeuxapp Adds IOTA For Crypto Payments at all Shops.@Zeuxapp is the @finTech that integrates all banking activities on one single app and will now support #IOTAtoken to pay at all shops via Apple Pay and Samsung Pay.https://t.co/gmUDiXTwuI#IOTA #Zeuxapp
— IOTA (@iotatoken) March 21, 2019

South Koreans are buying up MIOTA today as 30% of the daily volume, which has surged from $12 to $35 million, is being traded on Upbit in KRW.
Maker is up 2% and Ethereum Classic 3% but the other big mover in the top twenty at the time of writing is Tezos with an 8% pump to $0.733. Not having such a good day is Ontology dumping 10% after yesterday’s fomo driven pump.
FOMO: Ravencoin Still Going
Today’s top performer in the top one hundred is Ravencoin yet again. RVN has added a further 14% on the day as it reaches $0.047, its highest price for this year. The fomo without fundamentals is likely to result in a dump in the next couple of days. Aurora, Maximine Coin and Digibyte are all having a ten percent pump at the moment also.
Joining Ontology at the bottom of the top one hundred in terms of 24 hour performance is MOAC dumping 10%. Huobi Token and Kucoin Shares have both lost 7% on the day.
Total market cap 24 hours. Coinmarketcap.com
Total crypto market capitalization has dropped its recent gain of $2 billion resulting in a 1.4% decline back to $139 billion. Bitcoin led the fall after failing again to break above $4,100. A more positive take is that markets haven’t dumped massively and are holding steady at this level for now with good volume. A sideways zigzag pattern can be seen over the week as resistance got hit and the pullback followed six times.
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: IOTA Ignoring Pullback, Adds 13% on Payment App Addition appeared first on NewsBTC.
Source: New feedNewsBTC.com