Friday, Aug. 16 - Bitcoin and Ether are seeing some upward movement as XRP continues to slump.
Bitcoin is trading at $10,480 at press time, representing a 4.58% price increase on the day.
Earlier today, anticipated BTC futures platform Bakkt announced that it has been approved for launch - namely by the Commodity Futures Trading Commission and New York State Department of Financial Services - and will roll out on Sept. 23.Bitcoin 7-day price chart.
The number two cryptocurrency, Ether, has turned around to trade slightly in the green today.
ETH is trading over $185, showing a 0.61% increase on the day.
ETH has largely been on the decline this week, trading over $218 on Friday and falling by approximately 14.7% to hit its current price.
XRP, the second-largest altcoin by market cap, is trading at $0.262 and trending down by 0.24% on the day.
Like many of the top cryptocurrencies, XRP has been slumping this week.
Unlike BTC and ETH XRP has not managed to get back into the green as of press time.
Alongside BTC and ETH, other top-20 cryptos in the green today include EOS, Tether, Bitcoin SV, Binance Coin, Monero, Stellar, Dash, and Tezos.
Crypto Market Sends Mixed Signals as Ether and Bitcoin Price See Green
gepubliceerd op Aug 16, 2019
by Cointele | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.