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.
The post Crypto Market Wrap: Bitcoin Dominance Falls to 2019 Low, Has Altcoin Season Begun? appeared first on NewsBTC.
Source: New feedNewsBTC.com

Lisk (LSK): Reduced Block Reward And Its Impact On Price

Lisk (LSK) is a rather nascent platform cryptocurrency that follows a proof of stake model. However, it has proven itself to be quite good at what it does. Yet, we have seen its price decline more than 20x without any signs of a strong reversal. LSK/USD resisted a fall below $4 but not enough bulls came to its rescue and the price fell to $2. This is one hell of a correction for a cryptocurrency that reached an all time high of $40 during its previous cycle. The only positive news that has made a positive impact on Lisk (LSK)’s price lately is news of the reduced block reward. Throughout the correction, the community remained very active on Twitter and kept positing updates of their events and developments. However, it did not reflect in the price at all.
Most cryptocurrencies showed strong signs of a reversal only recently. However, Lisk (LSK) has been ready for a trend reversal since August as shown by the MACD profile for LSK/USD. Volume for LSK/USD has almost completely dried up on exchanges. Trading volume on major exchanges is lower than 10 BTC. This is really discouraging for a platform cryptocurrency that is actually supposed to be an Ethereum (ETH) contender. Ethereum (ETH) also had an aggressive correction but trading volume was quick to return as buyers and seller showed strong interest in trading this coin. Lisk (LSK) on the other hand sees very low volume on most exchanges that can be easily manipulated with a few medium sized orders here and there.
This could be one of the reasons why Lisk (LSK) like Qtum (QTUM) declined so aggressively. Both of these are platform cryptocurrencies and both of them have had very aggressive corrections. Now, is this the end for these coins? Certainly not. If anything, it is only the beginning as Lisk (LSK) has made a lot of progress even during the correction. They are just getting started on rolling their products and getting developers on board to build on Lisk (LSK). Unlike building on Ethereum (ETH) for which developers have to learn a new language (Solidity), development on Lisk (LSK) is available in traditional programming languages. In addition to that, Dapps are built on side chains so if anything goes wrong with the Dapp, the entire blockchain is not effected, similarly if something goes wrong with the blockchain, the Dapp remains unaffected.

Lisk (LSK) is in a strong position to begin a new cycle. The LSK/BTC weekly chart shows how the EMAs have come close together for the first time since the beginning of the correction. The 10 Week EMA has never been this close to the 21 Week EMA and the 5 Week EMA at the same time. The MACD diagram also shows that the price is ready to take off from current levels to begin a new trend. The only strong resistance that LSK/BTC is going to face will be the 21 Week EMA. The longer the price takes to consolidate, the easier it will be to break above that level.

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1538128067916-0’); });

The post Lisk (LSK): Reduced Block Reward And Its Impact On Price appeared first on Crypto Daily™.
Source: Crypto Daily

Crypto Sale: Top Price Gainers Available at >90% Discount From their ATH Prices

A number of cryptocurrencies are available at a heavily discounted price, as much as 99% from its all-time high (ATH) even while making gains, giving off a strong buy signal. Meanwhile a few cryptocurrencies who have topped the crypto charts for some time are now dipping heavily.
Biggest gainers at the most discounted price
It’s been five days that the crypto market is maintaining its price stability after a disaster of a week before that. The market might be boring right now when it comes to price movement, but there are a few cryptocurrencies that are making good gains while being available at heavily discounted price from their all-time highs (ATH).
To start with, let’s take a look at the top five cryptocurrencies at the time of writing in the below-given graph:
Source: Coinmarketcap
Now, the biggest gainer of today is Aurora with 53%. However, a few of the biggest gainers at the most discounted price are:
Waltonchain [WTC]
Under top 50 cryptocurrencies, Waltonchain sees a lot of action and sometimes even in double-digits. Today, it is up by over 12% at $3.52 while being 92.09% down from its ATH at $45.96.
Source: Coinmarketcap.com
Just recently, Waltonchain released its white paper 2.0 and announced community bounty program. Also, Waltonchian partnered up with Dongdaemun Fashion Town Tourism Zone, the largest fashion shopping district in South Korea to implement its Blockchain + RFID Solution not long after getting listed on the country’s one of the biggest exchanges, Bithumb.
Also, read: VeChain to Revolutionize the Future with yet another Partnership while VET Hikes 205% in less than a month
Lisk (LSK)
At 23rd rank, Lisk is currently rising by over 12 percent. From is ATH of $39.31, LSK is currently down by 90.38% at $3.77.
source: Coinmarketcap.com
Just at the end of last month, Lisk released its mainnet and is currently undergoing mainnet swap. It further announced Liskish Wallet, the first ledger wallet app for Lisk.
Meanwhile top market players like VeChain (VET) & other altcoins losing heavily
The 19th largest cryptocurrency VeChain (VET) is down by 99.8% from its $8.45 high. Despite, constantly adding to its network, VET is currently at $0.0137.

Over the time, VeChain has entered into partnership with big giants such as People’s Insurance Company of China (PICC), BYD among others.
Few more coins of interest
Further down the line, other 5 cryptos available at the highest discount from their ATH are:

Bitcoin Diamond (BCD) is available at 97.55% discount
Qtum is down by 96.83%
Bitcoin Gold (BTG) is currently discounted at 95.87%
NEM is down by 95.67%
Verge (XVG) is at a low of 95.40%

Though it is in no way an investment advice, being available at such a heavily discounted price, these coins make for a good buy opportunity. When prices again rise and go well above their previous marks, these might make up for all the lost gains. But of course, through research on a project or coin is essential to decide which is even going to last when bulls finally come charging.
As for which of the coins are closest to touching their ATH, Holo (HOT) and Metaverse ETP (ETP) are still far off at 44% and 49.35% down but still closer than the majority.
The post Crypto Sale: Top Price Gainers Available at >90% Discount From their ATH Prices appeared first on Coingape.
Source: CoinGape

Tether [USDT] paired with Dogecoin [DOGE], Lisk [LSK], 0x [ZRX] on Poloniex

On 31st August, Poloniex Exchange, a US-based cryptocurrency exchange platform ranked as the 25th largest digital currency announced the listing of USDT trading pairs on their official Twitter handle. The new list of USDT pairs are already listed assets on the exchange, including 0x [ZRX], Lisk [LSK], Golem [GNT], Dogecoin [DOGE] and Siacoin [SC].
Circle, a peer to peer payments technology which owns Poloniex on their Medium blog stated:
“While we continue to focus on improving the performance of Poloniex and bringing a curated set of assets to the exchange, we also attempt to implement the top requests of our customers and project developers where possible.”
Tether [USDT] is currently the 8th largest cryptocurrency by market capitalization according to CoinMarketCap. At the time of writing, USDT is trading at $0.99 with a market capitalization of more than $2.7 billion.
On 27th August, USDT’s market capitalization was more than $2.8 billion, which is the highest the digital currency has seen ever since its conception. This rise in market capitalization took place just a few days prior to Poloniex’s trading pairs announcement.
USDT overall price chart since its conception | Source: CoinMarketCapCryptolomeus, a Twitterati remarked:
“Poloniex pulls attention away from Bitcoin as the main exchange currency and points its attention onto USD(T) which of course is the main world currency, isn’t it?”
Send_bitcoins, a Twitter user added:
 “Now add them to margin trading so I can short them. Seriously you have so many coins but only a handful on margin trading, what gives?”
Another Twitter user named Kipisik said:
“Who wants to buy these shit coins?”
Twitterati named HighFiveSurf commented:
“Well it’s about goddam time, now I can only dream and hope for one last thing… a lending market for Lisk on Poloneix.”
A Redditor named Xxchoicexx stated:
“I wonder why polo first. Could be because that is the exchange HQ and Max use to sell Lisk. Food for thought, looking for some fiat pairing on some real exchanges. Good start however.”
The post Tether [USDT] paired with Dogecoin [DOGE], Lisk [LSK], 0x [ZRX] on Poloniex appeared first on AMBCrypto.
Source: AMB Crypto

Lisk (LSK) Is A Buy At $5, Smart Money Busy Accumulating For Long Term

Lisk (LSK) Is A Buy At $5, Smart Money Busy Accumulating For Long Term

Lisk (LSK) has taken one of the worst falls in the history of cryptocurrencies. It is currently down more than 85% from its ATH. The price is looking to recover long term but short term the bloodbath is not over. Regardless of that, Lisk (LSK) has managed to stay close to $5 for the most part. This is a cryptocurrency which at a price of $40, was expected by many to reach $200 by the end of the year.

Continue reading Lisk (LSK) Is A Buy At $5, Smart Money Busy Accumulating For Long Term at Crypto Daily™.

Source: Crypto Daily