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Thursday, 21 June 06:28 (GMT -05:00)



Foreign exchange market

Bitcoin Is Above $9000, Litecoin Is Above $200


The cryptocurrency market keeps on recovering after the January crash. The current market cap is above $450 billion, with over $20 billion gained over the last 24 hours. Unlike other cryptocurrency market reviews, we are not going to start this one with Bitcoin, especially as it makes up for 34,9% of the total market share (used to be over 50%).


Bitcoin is not the only cryptocurrency out there that deserves your attention. Altcoins are gradually starting to make rival to Bitcoin and its forks. Today has been Litecoin’s day, which is often called digital gold. This time, LTC has broken above the psychological level of $200. Over the last 24 hours the cryptocurrency gained over 31%. Since early February, it’s over 65%, NordFX experts report.

This wonderful transformation of Litecoin shows how important regulators’ decisions really are for the market. Litecoin started growing instantly after the Australian financial regulator registered LitePay, which is a Litecoin-and-Bitcoin-based payment system. The developers are sure this thing is really viable since it supports the Lighting Network protocol, which makes transactions cheaper and faster.

By the way, Litecoin’s high status can be indirectly confirmed by the amount of its fakes existing on the Internet today. It’s mostly about the fakes of supposedly coming hardfork named Litecoin Cash. However, the creator of Litecoin already warned the investors that that’s a fake.


Andfinally, afewwordsaboutBitcoin. The world’s first and biggest cryptocurrency has broken above $9000 and is currently moving to $10000. It seems like the prediction made by Brawe New Coin is going to come true.

 

 

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Will Bitcoin Dive Below $6000?

Publication date: 19 June 12:42 PM

Today’s Bitcoin Rate Signals Growing Risks in Banking Sector

Yesterday, the BTC exchange rate suddenly started growing, probably as a part of a recovery move against the existing downtrend. According to CoinMarketCap, the current BTC exchange rate is somewhere above 7500 USD/BTC. Over the last 24 hours, the world’s first cryptocurrency has gained some 5%, trying to recover from May’s downtrend (in case you don’t know, the coin has lost 20% since early May before starting to recover yesterday).

Publication date: 31 May 08:33 AM

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Publication date: 29 May 11:19 AM

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Publication date: 23 May 12:14 PM

Bitcoin Will Hit $20K, CoinShares Says

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Publication date: 20 May 08:38 AM

German Stock Exchange Börse Stuttgart Welcomes Cryptocurrencies

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Publication date: 17 May 12:00 PM

Bitcoin Goes Down, Getting Closer to 8000 USD/BTC

Earlier today, the world’s first and most expensive crypto currency was going down while continuing the downtrend seen a day before. According to CoinMarketCap, the BTC exchange rate dropped below 8300USD/BTC, though it recovered a bit later on. Over the last 24 hours, the currency lost more than 5% of its dollar value. 

Publication date: 16 May 11:51 AM

Bitcoin Rallies Despite Criticism from Buffet and Gates

This trading week, Bitcoin is unlikely to conquer another major threshold located at 10000 USD/BTC. The thing is that some Bitcoin investors were cooled down by the statements made by investment guru and billionaire Warren Buffett, founder of Berkshire Hathaway, as well as by Bill Gates, founder of Microsoft and one of the richest people on the planet.

Publication date: 10 May 09:05 AM

Will Bitcoin Rate Exceed $10K This Week?

This week, the BTC exchange rate may well break above 10000 USD/BTC, most of the experts interviewed by PRIME think.

Publication date: 09 May 12:51 PM

Bitcoin Prospects Look Vague Against Altcoins

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Publication date: 05 May 10:53 AM