Cryptocurrency Rate Today, February 18: Bitcoin Overcame $3700, and Ethereum Is At $140

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency Rate

According to the Coingecko online platform, Bitcoin (BTC) added 2.8% in the past 24 hours. The price at the time of writing is $3747 per coin.

Cryptocurrencies moved to the green zone:

Bitcoin Cash added 6.49% over the past 24 hours and costs $130 per coin;

Ripple increased by 3.99% and costs $0.31;

EOS raised by 5.99% and its price is $3.01;

Litecoin became more expensive by 1.38% and its value is $44;

Cardano added 3.66% and its cost is $0.042;

Stellar lost 1.68% and costs $0.079;

IOTA added 1.84% and its value is $0.28;

Dash raised by 2.79% and its price is $81;

Monero became more expensive at 5.33% and costs $49.

Over the past 24 hours, Ethereum has added a record-high 12%. The coin rate is $140 per coin.

The total market capitalization is $126 billion. Bitcoin accounts for 52.1% of the total. In monetary terms, it is $65 billion.

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Cryptocurrency Prices Today, March 20: Cryptocurrencies Are Slightly Moving To The Red Zone

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency Rate

According to the Coin360 online platform, Bitcoin (BTC) has remained stable over the past 24 hours and added 0.11%. The price at the time of writing is $3980 per coin.

Cryptocurrencies are mostly decreased:

Bitcoin Cash dropped by 1.42%, Bitcoin SV has lost 0.33%, the value of coins is $155 and $65, respectively;

Ripple fell down by 0.9% and costs $0.31;

EOS minus 1.66% and its price is $3.66;

Litecoin decreased by 0.4% and its price is $59;

Cardano added 3.28% and its value is $0.051;

Stellar dropped by 2.9% and costs $0.11;

IOTA minus 0.5% and its cost is $0.29;

Dash increased by 0.75% and its price is $91;

Monero added 2.6% and costs $53;

Over the past 24 hours, Ethereum has lost 0.5%. The rate of the coin is $136.

The total market capitalization is $140 billion. Bitcoin accounts for 50.9% of the total. In monetary terms, this is $71 billion.

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CoinMarketCap Site has Digital Coin Rating System Now

Perhaps the most important resource of monitoring cryptocurrency CoinMarketCap has got a new feature. The developers introduced Fundamental Crypto Asset Score (FCAS) rating system. This product was developed by specialists of a blockchain startup Flipside Crypto. The correspondent information posted Dave Balter – CEO of the above-mentioned startup – in his blog.

Source: https://medium.com/@davebalter/

This project has been monitoring the dynamics of development of a huge amount of cryptocurrency projects for more than two years (since 2017). Flipside Crypto tracks consumer interest as well as developers activity. Based on the data obtained it makes a conclusion about “vitality” of a certain project. The system has its own evaluating scale which totals 1000 points.

From today a new tab “Rating” is available on CoinMarketCap site where users can get to know the analysis of more than 450 cryptocurrencies.

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Circle: Even Though There Was A Bearish Market Last Year, The Business Is Growing

The crypto project backed by Goldman Sachs is opening about its current situation of the company. The CEO of Circle, Jeremy Allaire, gave a small interview to Fortune where he talked how bearish market influenced its profit last year.

Let us recall what happened with crypto market in 2018. The beginning of 2018 was quite pleasant, the Bitcoin price accounted for approx. $13,000. Later, the prices of cryptocurrencies began falling down. The fall in prices in the first half of 2018 was quite predictable, as nothing lasts forever. Some crypto experts, like Tom Lee and John McAfee,  even tried to predict the crypto price which would have been by the end of December, however, their predictions were not correct, which caused dissatisfaction investors who invest money in the crypto market.

In the second half of 2018, the price of all cryptocurrencies started to drop significantly. The crypto’s doomsday is considered to be November 15, when Bitcoin Cash had a hard fork, which caused crypto to go down. At the end of the year, the price of Bitcoin reached its lowest minimum of $3400 since 2014.

How did it influence the global crypto finance company? The chief executive of Circle assured everyone that business goes well.

“We had very significant growth year last year, even though there was a crypto bear market,” he said.

In addition, he mentioned that the total company’s revenue and customer base had grown last year.

Allaire also shared Circle’s plans for future. The company has recently acquired a crowdfunding site – SeedInvest, which helps company to issue securities. The CEO emphasized that tokenized securities would become a bigger part of Circle’s business in the near future.

“We’re going to look at ways that we can bring the benefits of digital assets, crypto technologies, and blockchains into this whole area of issuing securities over the internet.”

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Japan Released New Rules In Crypto Margin Trading

Japan is a progressive country in terms of economy, as well as cryptocurrency regulation. This time Japanese financial authorities have released a new set of rules regarding crypto margin trading.

Margin trading is a strategy that allows a trader to buy more stocks than you can afford on money borrowed from a broker (similar to loan).

The Cabinet of Japan approved draft amendments to Japanese financial instruments and payment services laws on Friday. In fact, they will limit leverage in virtual currency margin trading at two to four times initial deposits. Such restrictions are a common practice in foreign exchange trading.

All crypto exchanges throughout the country are bound to get governmental registration. This type of registration will differ from that adopted in 2017, which was mostly focus on preventing money laundering. However, these rules make exchange operators be monitored in a way similar to securities traders to protect investors.

These crypto exchange operators will be classified into categories to differentiate those who involved in margin trading from those who issued ICO tokens. This will help to distinguish unsavory offerings that are similar to frauds or Ponzi schemes and protect investors from losing their money. The new rules will come into force in April 2020. All margin cryptocurrency exchange operators have to be registered within 18 months of that date.

Such a time limit is set to take down unregistered “quasi-operators” which conduct operations without governmental approval. A senior FSA official said:

“We intend to motivate operators to do what they can to become registered.”

We remind you

Japan’s Biggest Bank Is Not Going To Create Its Own Cryptocurrency: Fake News Is Not Confirmed

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Cryptocurrency Prices Today, March 19: Bitcoin Remains in Place

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the online platform Coin360, Bitcoin (BTC) remained stable over the past 24 hours and lost 0.08%. The price at the time of writing is $3982 per coin.

Cryptocurrencies are mostly in the green zone:

Bitcoin Cash added 0.75%, Bitcoin SV lost 1.84%, the value of coins is $157 and $65, respectively;

Ripple minus 1.78% and costs $0.31;

EOS plus 0.13%, and its price is $3.7;

Litecoin added 0.3%, and its value is $59;

Cardano dropped by 0.65%, and its cost is $0.049;

Stellar added 6.7% and costs $0.11;

IOTA gained  1.7%, and its cost $0.29;

Dash fell by  1.36%, and its price is $91;

Monero added 1.25% and costs $52

Over the past 24 hours, Ethereum lost 0.5%. The rate of the coin is $136.

The total market capitalization is $140 billion. Bitcoin accounts for 50.8% of the total volume. In monetary terms, this is $71 billion.

Bitmain Corporation Closes its Office in Norway

Representatives of the leading manufacturer of network equipment Bitmain announced their plans to close their branch in Norway. This office will be moved to Germany because the company believes that conditions for business there are more favorable. It should be noted that this office worked only for 12 months.

A former general manager Julie Hvideberg stated that the main reason for the closure is the removal of electricity subsidies. She believes that in the near future all the biggest mining pools will be concentrated in countries which have cheap electricity (Russia, China, etc.).

We want to remind you

Bitmain Closed Its Branch In Israel Due To Crypto Market Situation

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