Cryptocurrency Trading Update: Sapling Keeps Zcash Green in Red Crypto Market

Cryptocurrency Trading Update: Sapling Keeps Zcash Green in Red Crypto Market
фото показано с : newsbtc.com

2018-10-25 07:18

FOMO Moments Crypto land is still stagnant; Zcash, Ravencoin and MobileGo on the up, Decred and Bitcoin Diamond dumping.

There has been another slight pullback today on crypto markets but nothing noteworthy. The sideways channel is still intact and total market capitalization is still at the same level it has been for the past ten days.

There has been no movement in the Bitcoin camp overnight and it is still trading at $6,490 where it has been for over a week. While no movement is bad for day traders, it is good for overall stability and lowering that volatility that the institutions keep complaining about. Ethereum is still falling with another percent lost today taking ETH down to $202.

Red is the dominant color on the altcoin charts at the moment. In the top ten Stellar has taken the biggest hit with a 3% slide to $0.236. The rest are down just over a percent at the moment while Tether still tries to claw back its peg. USDT is currently valued at $0.989 on Coinmarketcap.

There is only one climber in the top twenty, and that is Zcash making 5% on the day to reach $127. The upcoming activation of the Sapling update on October 28 is currently driving momentum for ZEC.

Activation block 419200 will be mined October 28, 2018 18:21 UTC-05:00 assuming 150 seconds/block. Learn more: https://t.co/MuhVtIFA6m #Zcash #Sapling pic.twitter.com/dXr2WbEOEe

— Zcash Company (@zcashco) October 24, 2018

Over the past seven days Zcash has made 8% but on the month it is flat, trading at the same price again. South Korean traders are all over ZEC this morning with Bithumb taking over 50% of the volume in KRW.

The rest of the top twenty are falling between one and three percent right now. There are a couple of fomo pumps going on as usual way down the top one hundred charts. Ravencoin, MobileGo, Veritaseum, Komodo and Metaverse ETP are all making 13-17 percent on the day, however tomorrow they will likely dump.

Speaking of dumps, yesterday’s winners, Bitcoin Diamond and Decred, are losers today, dumping around 12%. The cycle continues with different altcoins but none can hold on to their gains at the moment.

Total crypto market capitalization has dropped a little today, falling back a percent again to $208 billion. Aside from the pump and dumps from low cap altcoins nothing else is happening right now. Both the bulls and the bears are sleeping and it is all calm in crypto land.

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.

The post Cryptocurrency Trading Update: Sapling Keeps Zcash Green in Red Crypto Market appeared first on NewsBTC.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0080828 (-100%)

crypto still market zcash keeps trading sapling

crypto still → Результатов: 126


Ether Price Analysis: Historic Support Tested Amid Signs of Distribution

It’s been weeks since ether has seen a new high or a new low and the market has found itself range-bound. At the moment, we are seeing signs of distribution as large rounds of selling have remained present during key support tests:Figure 1: ETHUSD, 4 Hour Candles, Trading RangeSo far, for the last few weeks, ether has seen a trend of higher lows and low highs (the converging red trendlines).

2018-10-20 01:31


Still think Cryptokitties is the most profitable game? These DApps will prove you are wrong

Every gaming crypto enthusiast has heard about CryptoKitties, a virtual game that runs on the Ethereum blockchain, using non-fungible tokens that are unique to each ‘kitty’. What is so special about this blockchain based game? Without a doubt, CryptoKitties has benefited from being the first on the market, as it entered the public’s consciousness before […] The post Still think Cryptokitties is the most profitable game? These DApps will prove you are wrong appeared first on Ethereum World News.

2018-10-18 18:00


“A Bitcoin ETF Approval is still Years away” – Pantera Capital CEO

For those who believe  an ETF is the solution to the cryptocurrency market may be disappointed as a major member of the industry Dan Morehead believes no ETF will be coming anytime soon. Morehead mentioned this while speaking during a panel discussion on investing at Bloomberg’s Institutional Crypto conference in New York City yesterday 15 […] The post “A Bitcoin ETF Approval is still Years away” – Pantera Capital CEO appeared first on ZyCrypto.

2018-10-17 00:09


Фото:

Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund

New research shows that one out of five hedge funds launched thus far this year has been a cryptocurrency-focused hedge fund. This is a surprising statistic in light of the 2018 bear market, but it may indicate that managers and investors are still optimistic about the long-term outlook and want to capitalize on current low […] The post Research: 1 of 5 New Hedge Funds in 2018 Is a Crypto Fund appeared first on Bitcoin News.

2018-10-16 19:30