Friday, 19. October: The crypto-markets recorded a total of small losses, while the volatility remains low. The Top 10 crypto-currencies have experienced equally positive and negative fluctuations. However, these are almost all just slightly, and move at 2 percent, as data from Coin360.
market visualization of Coin360
Bitcoin (BTC) has fallen over the day to a little less than 1 percent and the final is at the time of writing at 6.470 US $ (of 5,623 euros). 15. In October, there was, exceptionally, a short top, as a Tether to something under a Dollar. Otherwise, the Top Coin was stable and moving in the last couple of days for about 6,500 U.S. dollars (5.649 Euro). Today, he has fallen under this mark, but it is still higher than at the beginning of the week, where he was at 6,300 U.S. dollars (5.475 euros).
Bitcoin 7-day course chart. Source: CoinMarketCap
Over the week 2.7 per cent in the Plus and also seen on the month of 2 percent is considered Bitcoin.
of The Top Altcoin Ethereum (ETH) at the time of writing at around US $ 200 (174 Euro). He has recorded only a barely perceptible loss of well under one percent on the day. The Cryptocurrency, which is on the 2nd place by market capitalisation, has on 15. October, a similar top like Bitcoin, registered. It came to about $ 220 (191 Euro), has been corrected but in the meantime, in the range between 205 US dollars (€178) and 210 US Dollar (182 Euro). Only today you fell on 202 US dollars (175 euros).
Over the week, Ethereum is considered solid 3,25 in Plus; seen on the month of the Coin has lost 2 percent
Ethereum 7-day course chart. Source: CoinMarketCap
Under the Top 10 Coins on CoinMarketCap Stellar (XLM) has recorded the largest price change within 24 hours to deadline, he rose by a solid 3 percent.
Litecoin (LTC) is now in the green area and has also risen to above average, 1.48% on the day up to the editorial deadline.
The controversial Stablecoin Tether (USDT) has continued to grow and reached almost back to its original value of one US Dollar. He rose on the day by about 1% and is at $ 0.98 (0.85 Euro).
Tether 7-day course chart. Source: CoinMarketCap
the controversy surrounding The veterans-Stablecoin is still continuing. Yesterday, the crypto has said, an Investor and entrepreneur, Michael Novogratz, he was of the opinion that Tether “have not done a good job in creating transparency.” He referred to the Offshore Banking arrangements adopted by the project. In contrast, he has praised the Gemini, the Winklevoss twins as the emerging Stablecoin. This is supported by the US-Fiat-reserves and under the supervision of New out York authorities.
Among the Top 20 Coins the Coins on the 11. to 20. Place all in the red. The losses are partly slightly higher, approximately in the range of 4 percent. Most of the losses, however, are also very low. Zcash (ZEC) yesterday recorded a strong growth of what is for the wider stable market atypical. He is now fallen to 2 percent. Nevertheless, it remains in the Top 20 of the largest Cryptocurrencies by market capitalization. A Position that has produced the Coin and yesterday, Dogecoin (DOGE) has displaced.
NEO (NEO) is similar and has lost 1.54 percent on the day until the editorial deadline.
Tezos (XTZ) suffered the worst loss, and it fell on the day at 4.44% $ 1.30 (1.13 euros)
The total market capitalization of crypto-currencies remains under 210 billion US dollars (182 billion euros), and is currently at the time of writing in 208,4 billion US dollars (181,1 billion Euro). This is in comparison to the top 15. October, when she came on 221,6 billion US dollars (192,6 billion euros), less, but still higher in comparison to the beginning of the week, where it stood at 203 billion U.S. dollars (176 billion euros).
7-day Chart, the total market capitalization of all Cryptocurrencies on CoinMarketCap
At the end of the week there is more news to Stablecoins. The third largest crypto exchange Huobi has announced plans to develop a so-called “Stablecoin-solution” name HUSD. This is to support the administration of the four other USD-based stable coins that are currently listed on the stock exchange (Paxos Standard (PAX), True USD (TUSD), USD Coin (USDC) and Gemini dollars (GUSD).
During the quiet market momentum continues, it is reported that the number of mergers and Acquisitions (M&A) are increased in connection with crypto and Blockchain in 2018 to more than 200 percent. In doing so, analysts said that the so-called “crypto-Winter” is seen as an opportune time for institutions to make “strategic” transactions in the space.
