Not exact matches
he value
of all bitcoins in circulation is
around 9 times the value
of the top 100
altcoins put together.
With an boost
of around 47 % from $ 166 on the first to $ 244 at the end
of the month it stays slower to redeem that other
altcoins.
However, dissimilar to other
altcoins, the prime focus
of this crypto coin revolves
around community input, open governance and sustainable financing and development.
Outside the Bitcoin debate, rumors surfacing that Litecoin is to activate SegWit may have led to a surprise expansion in value
of the
altcoin by
around 30 %.
Overall, the cryptocurrency market seems to be continuing the trend that its sustained for the last two weeks where Bitcoin is the biggest consistent gainer, acquiring more Market Dominance (
around 58 % as
of writing this article) and setting new all - time high price records while
altcoins languish in the face
of the upcoming hard fork.
The exchange facilitates the trading
of around 35
altcoins.
The
altcoin reached almost $ 40 today and is trading
around $ 33 at time
of publication.
Popular Bitcoin and
altcoin exchange Poloniex has submitted a request for no action relief to the Commodities and Futures Trading Commission (CFTC)
around potential allegations that required timing
of the «actual delivery»
of cryptocurrency, regulated by a 28 day period in the Commodity Exchange Act (CEA), has been violated.
Losses
of many
altcoins surpassed 70 %, bitcoin lost
around 50 %.
One could argue that these sorts
of minority forks create uncertainty
around the value
of a particular cryptoasset, although this is also the case with the creation
of new
altcoins more generally.
Altcoin Ripple (XRP) is up the least
of the top ten coin on CoinMarketCap, a little more than 1 percent over a 24 hour period, trading
around $ 0.84 by press time.
If you can handle portfolio value fluctuations
of 30 to 50 percent within a week, then you can increase your
altcoin holdings whereas if you prefer your portfolio not to swing
around too much you want to hold a higher percentage
of bitcoin and ether.
Unlike some
of the smaller
altcoins, ETH trading isn't clustered
around a single exchange or denominated in a single currency.
Overall, the cryptocurrency market was down over the course
of the week with bitcoin (BTC) losing
around 10 percent
of value and most major
altcoins dropping 10 to 15 percent.
In this video
of cryptocurrency news we examine the top
altcoin and Bitcoin news from
around the web.
Certain people create a lot
of hype
around a given
altcoin or token that is about to launch, they buy it while it is cheap and then let the hype carry the prices over to a point at which they sell their stake suddenly.
Ver said that Mow's Bitcoin Core team, ``... shattered the Bitcoin ecosystem into a thousand and one different
altcoins and delayed the adoption
of cryptocurrencies
around the world by years.»
Bitcoin saw a decline in its price from
around $ 20,000 to now
around a little under $ 14,000 while
altcoins like Ripple quadrupled in their price, Ethereum saw a new all - time
of $ 913 and ADA is currently gaining momentum.
The exchange has a clean interface, features dozens
of altcoin pairs, offers both margin and lending trades, and is available to users
around the world.
Litecoin is now the biggest
altcoin to successfully activate SegWit, which went live at
around 6:00 PM London time on the 10th
of May 2017.
Although, bitcoin dominance is
around 52 percent
of the aggregated total
of all cryptocurrencies, and this is due to a few
altcoins gaining steam as well.
VeChain (VEN), an
altcoin worth
around $ 1.80 billion, has gained traction following the announcement
of several positive developments and partnerships.
Because
of this, Bitcoin seems like the best crypto to have for buying and selling
altcoins and sending money
around.
We always keep some
of our Bitcoin, Litecoin, Ethereum and other
Altcoins in web - based crypto wallets so we can easily day trade and move funds
around.
The coin's share
of the market slipped to a low
of around 32 % earlier in the year as
altcoins surged to record highs.
The drop was repeated across the major
altcoins and beyond, with a total
of around $ 10 billion wiped off
Other
altcoins are suffering a similar fate; NEO has collapsed from a high
of almost $ 50 in mid-August to
around $ 25 today.
About Blog CoinSutra is a community
of Bitcoin,
Altcoins, Cryptocurrency users from
around the globe.