Musiccosmos

Markets slowly recovering this weekend; XRP, EOS, Neo and Tron climbing back, VeChain falling slightly. The slow creep upwards has continued into the weekend as cryptocurrencies add more gains following their lowest levels of the year. Total market capitalization has crept up slightly and is currently holding above $215 billion, 14% up on Tuesday’s big dip. Bitcoin has not moved much over the past 24 hours, it is still trading at $6,500. BTC did reach and break $6,600 a few hours ago but resistance was too strong and it fell back again. Ethereum is still inching up with small gains every day now, today it is 2.2% higher to $308, though the ascent has slowed and prices have retreated a little. Altcoins are pretty much all in the green this morning. Leading the gains in the top ten at the moment is XRP with another 7.5% climb to $0.335. Ripple’s token was the best performing altcoin in the top ten yesterday also as partnership expansions and new developments boost momentum. EOS is ...

Markets slowly healing this Friday; VeChain, XRP, Lisk, and Ontology performing well. The markets are still slowly healing from their lowest levels this year as we near another weekend in crypto land. Total market capitalization is creeping up and is over $210 billion again but still not showing any signs of a sustained recovery. Bitcoin has held the $6,400 support level and has inched up 1.3% on the day to just below $6,500. The next major resistance point for BTC is $6,600 and signals are quite bullish at the moment. Ethereum has clawed its way back to $300 and is 3% higher on the day. ETH too is poised for more upsides as this Friday proceeds. Altcoins are mostly in the green at the moment with some gaining more than others. In the top ten Ripple’s XRP is making the most progress with an 10% jump on the day to trade at $0.320. On the week however XRP has lost 7.5% and it has been down trending for the past six months. Monero is also posting a good bounce back with 5.8% to $96,...

Markets are bouncing from the bottom, XRP, Litecoin, Tezos and Tron recovering from major losses. After five days of heavy losses resulting in $40 billion being dumped out of crypto markets a bounce has finally occurred. The boards are all green this morning as cryptocurrencies rebound from the yearly bottom a couple of days ago. Market capitalization has climbed back above $200 billion but is still very low looking at the big picture. Bitcoin has led the charge recovering 6% on the day to $6,420. BTC held support at $6k and has yet to plunge below it again which is a good sign generally. Ethereum, which has been utterly smashed over the past week has gained 6.7% back to trade at $285 which is still close to its lowest levels in a long time. The altcoins fall harder but they also make bigger gains when things turn around, which they always do. Ripple’s XRP is posting the biggest recovery in the top ten with 8% to $0.286 closely followed by Litecoin with a similar gain to $56.5. Th...

This biggest one day dump this year, Ethereum, XRP, Bitcoin Cash, EOS and Cardano dropping double digits The crypto winter is getting colder as markets tanked yet again over night to a new 2018 low. Total market capitalization plunged below $200 billion and kept going to reach its lowest level since the end of October 2017. Bitcoin briefly dipped below $6k once again and is holding the level just above it. With a loss of 6.5% on the day BTC is down to $6,050 and poised for further declines. Trade volume has dropped from $6.6 billion to just over $5 billion at the time of writing. Ethereum has crashed, taking an epic nosedive of 17.5% to trade at $265. This puts it back to mid-2017 price ranges when sentiment was largely bullish. Over the past week ETH has shed 35% as its market cap dumped nearly $15 billion. From a July high of just over $500 Ethereum has crashed almost 50% marking its biggest decline since early January. Ethereum has not been this low since September 15 last year...

Crypto land is healing slowly, Stellar doing well, Tezos getting hammered The weekend bottom seems to have been found and markets are holding just above it at the moment. There has been no clear indication of a recovery as total capitalization has inched up only marginally over the past 24 hours. Bitcoin has held the $6,400 support level and has made 2% on the day to climb to $6,480. Volume has jumped from $4 to $6.6 billion which is a bullish signal for BTC. The same cannot be said for Ethereum which is still languishing around the $320 level, its lowest this year, and showing no positive signs at all. The altcoins are predominantly in the green at the moment, clawing back a little from those massive dumps over the weekend. Once again it is Stellar that is showing the most gains when markets start to bounce back. According to Coinmarketcap XLM is up 7% on the day to $0.238, and it has weathered this storm much better than its brethren. Stellar has regained all losses over the we...