Taking Crypto Mainstream; Opera now lets You Buy Ethereum From Your Opera Browser in Less Than A Minute

Opera, the creator of the Mainstream Opera browser has reached another milestone by enabling the purchase of crypto on its browser wallet. For now, only users in Norway, Denmark and Sweden have access to the service. They can download the updated Opera Browser Beta for Android devices from Google Play Store to start buying Ethereum right away.


According to Opera product lead Charles Hamel, this is in a bid to make crypto easier to buy and use in order to encourage adoption. His words:

“We think that the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use.” “We believe that the browser will be the entry point for these use cases. Thanks to our partnership with Safello, we are taking one more step towards this vision,” he added.

The improvement was achieved through help from Safello, a major Bitcoin exchange in Europe. The company is working hard to ensure mainstream adoption for Bitcoin and its use for the everyday transaction just like world-leading fiat currencies such as Pound, Euros and the U.S Dollars. Its role in bringing this Opera dream to pass therefore is an important one.

Opera boasts of its browser being the first to have an in-built Ethereum wallet. The wallet later became a means of sharing Cryptokitties as Ethereum is well known for building dapps and now users can easily buy ERC-20 based cryptocurrencies through the browser wallet.

The transaction only takes a few seconds and is meant to prepare cryptocurrencies for mainstream adoption as users don’t have to go through cumbersome processes to buy cryptocurrencies. This way, even the most ignorant concerning cryptocurrencies can easily get crypto assets in their wallet without involving a third party.

By this gesture, Opera is facilitating the mainstream adoption of cryptocurrencies and contributing immensely to the growth of the Ethereum network. With the millions of Android users using Opera Browser around the globe, crypto will definitely see a wider spread with this one.


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Author: Ponvang Bulus
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EthHub Provides A New Way To Learn About Ethereum

The auditable repository, officially announced yesterday, is meant for greenhorns and experts alike.

The Ethereum ecosystem has grown significantly since the blockchain‘s debut in 2015. Protocols and projects abound in the world of Ethereum, whether they relate to decentralized exchanges and non-fungible token marketplaces or blockchain-based video games and governance mechanisms.

With this meteoric growth, though, comes a glut of information from a variety of sources. While it’s wonderful to see such a surfeit of resources, especially those that are transparent and easily accessible, it can also be confusing for newcomers trying to navigate the complexities and continual updates of the ecosystem.

That’s why EthHub was created – to provide a go-to repository “that aims to solve the issue of information asymmetry in the Ethereum ecosystem.” The hub is comprised of three key sections: Learn, which contains “[o]pen source, easy to understand documentation”; Listen, featuring the Into the Etherpodcast, which includes interviews from prominent members of the Ethereum community; and Read, which represents EthHub’s weekly newsletter.

Though these resources are not novel additions to the ecosystem, EthHub’s team believes the platform consolidates the information in such a way that both new Ethereans and longtime followers can benefit. Newcomers can enjoy the easy-to-digest information, while veterans can stay up to date with all the ecosystem’s advancements.

EthHub has four core contributors – Eric Conner, Anthony Sassano, Chaz Schmidt, and Alexander Fisher – all of whom have played key roles in creating and developing the repository. These four individuals are the only ones with commit access to the repository. Sassano said that while he and his colleagues “do not want to be gatekeepers of what content gets published on EthHub,” they also only want to grant commit access to community members who “have proven themselves to be an invaluable asset to the growth and maintenance of EthHub.”

However, all information changes on the main documentation component of the repository are fully auditable. Community members can thus review already displayed information and submit their own pull requests if they would like to add to the repository. Indeed, Sassano noted that the EthHub team “encourage[s] those working on projects in specific domains … to add or update the information on the projects [sic] respective page on the EthHub repo.”

To add information, submitters must follow a template and some basic guidelines, such as not promoting initial coin offerings, not posting marketing materials, etc., but these requests are standard and reasonable for crowdsourced informational hubs. (This is especially true in the broader blockchain realm, as marketing messages are pervasive in the cryptospace.)

EthHub is yet another example of the community focus of Ethereum. Other Ethereans have gone the education route and developed resources for those looking to learn more about the Ethereum ecosystem. Some major examples include the guidebook “Mastering Ethereum,” which can be read online for free, and Cryptoeconomics.study, a free online cryptoeconomics course spearheaded by Karl Floersch. Those in the Ethereum community often help each other out.


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Author: DANI PUTNEY
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Augur Accurately Predicts 2018 US Elections

The blockchain-based prediction market Augur, whose native token REP is ranked #48 with a market cap of USD 163 million as of 7 November 2018, accurately predicted the 6 November United States elections. During the morning of the election, before any polls closed, Augur predicted a 74% chance that Democrats would take the House, and a 90% chance that Republicans would take the Senate.

After President Trump’s declaration hours ago of a “Big Victory” after the Repulicans won the Senate, Augur’s predictions have now been confirmed as fact.

There were USD 1.366 million of bets at stake on the ‘Which party will control the House after 2018 US Midterm Election?‘ prediction market. This represented 48.5% of the USD 2.804 million of money at stake across all of Augur’s prediction markets. Even though the House has been confirmed as a win for the Democrats, the odds for the Democrats winning sits at 97%, leaving a 3% spread that investors can easily profit on, so money continues to pour into the contract. However, the prediction market will not be closing out and disbursing funds until 10 December 2018, so users will have to wait for their profits.

The Augur prediction market for the Senate has much less money at stake, just over USD 10,000, likely since pollsters agreed that it was nearly certain the Republicans would win the Senate. Thus, less money is staked on Augur prediction markets where outcomes are more certain.

Based on data collected by The Block Crypto, it seems that Augur’s election predictions are a reflection of forecasts by expert pollsters like FiveThirtyEight. As FiveThirtyEight adjusted its forecast for the House during election night, the Augur prediction market followed in lockstep.

The prediction markets for the 2020 United States Presidential election have already begun, with just over USD 5,000 staked on the market for whether Donald Trump will be re-elected. Currently, Augur thinks Trump only has a 36% chance.

Aside from political election predictions, the biggest markets on Augur are for cryptocurrency price forecasts. USD 552,000 is staked on whether Ethereum will be USD 500 or more at the end of 2018, USD 103,000 is staked on whether Ethereum will exceed USD 1,000 at the end of 2018, USD 279,000 is staked on whether the REP token will exceed USD 32 at the end of 2018, and USD 39,000 is staked on whether Bitcoin will exceed USD 20,000 at the end of 2018. Due to the continued cryptocurrency bear market, Augur is predicting that most of these questions will verify as false. When aggregated, the Augur markets for cryptocurrency price forecasts have about USD 1 million at stake.


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Author: Zachary
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Bitcoin and Altcoins Trade in Tight Range, Prepare for Next Move

  • Bitcoin price is consolidating in a tight range below the USD 6,500 – USD 6,600 resistance.
  • Ethereum and ripple are trading in a positive zone, but both are lacking momentum.
  • VERI, RDD, NAS and ONT gained more than 15% today.LIONBIT
    This past week, there was a decent recovery in bitcoin and altcoins. BTC/USD stayed above the USD 6,250 support and it attempted an upside break above USD 6,500 – USD 6,600 on a few occasions. However, there was a no convincing break and the price started trading in a range above the USD 6,250 support. Similarly, ethereum recovered above USD 300 before sellers appeared near USD 325. Ripple spiked above the USD 0.350 resistance and bitcoin cash settled above USD 540. At the outset, bitcoin and all major altcoins are trading in tight ranges and seems to be preparing for the next move.

    Bitcoin
    Bitcoin price settled above the USD 6,250 pivot level, but it struggled to clear a strong resistance zone near USD 6,500 – USD 6,600. There were 3-4 attempts to surpass the stated resistance, but BTC/USD buyers failed to gain momentum.

    As a result, the price started trading in a range with support at USD 6,250 and resistance at USD 6,600. The price is likely to make the next move either above USD 6,600 or below USD 6,250. To the topside, above USD 6,600, the price could test the USD 7,000 and USD 7,150 resistances. On the flip side, a break and close below USD 6,250 may perhaps put buyers under a lot of pressure with the next supports at USD 6,000 and USD 5,850.

    TIP

    Ethereum
    Ethereum breached the USD 300 resistance this past week, but it failed to stay above it. ETH/USD is currently trading in a tiny range with support at USD 282 and resistance near USD 305.

    Similar to bitcoin, ethereum will make the next move either above USD 305 or below USD 282. An upside break above USD 305 could push the price towards USD 325 and USD 340. Conversely, a break below USD 282 will most likely take ETH to USD 250.

    Bitcoin cash and ripple
    Bitcoin cash price gained traction this past week and settled above USD 500 and USD 540. However, BCH/USD is facing a lot of hurdles near the USD 580 and USD 600 levels. Only a close above USD 600 could open the doors for more gains.

    Ripple price performed well and broke the USD 0.350 resistance. XRP/USD is trading above the USD 0.320 (UTC 08:20 AM) support is looks set for more gains in the coming days.

    Other altcoins market today
    Today, many small cap altcoins registered more than 10% gains, including VERI, RDD, NAS, ontology, vechain, nano, RHOC, tezos, and XZC.

    Overall, bitcoin price is preparing for the next major break this week, which could be either above USD 6,600 or below USD 6,250. If BTC/USD settles above USD 6,600, there may possibly more upsides in BTC and altcoins in the near term.



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    Author: Aayush Jindal
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Bitcoin and Altcoins In Slow and Steady Uptrend

  • Bitcoin price remained supported above USD 6,400 with positive moves.
  • Ethereum and ripple are trading in a bullish zone and both eyeing more gains.
    • Many altcoins like cortex, VET, NPXS, nano, ONT and WTC posted more than 30% gains.
      LIONBITBitcoin started a slow and steady rise after testing the USD 6,250 support area. BTC/USD is trading with positive signs above USD 6,400 and it seems like the price could accelerate above the USD 6,500 resistance in the near term. Similarly, ethereum, ripple, bitcoin cash, litecoin and neo traded higher with bullish moves. The current market sentiment is signaling more upsides as long as bitcoin price is trading above the USD 6,250 support.

      Bitcoin
      Bitcoin price remained in an uptrend from the USD 6,000 swing low and it recently settled above USD 6,250. BTC/USD is currently up around 1% with the immediate resistance at USD 6,500 (UTC 08:20 AM). Above this, the price is likely to climb towards the USD 6,700 and USD 6,800 resistance levels.

      On the other hand, if there is a downside correction, the USD 6,250 support zone could act as a strong barrier for sellers. Below this, the price will most likely retest the USD 6,000 support area.

      TIP

      Ethereum
      Ethereum is currently up more than 3% and is trading near the USD 300 – USD 305 resistance zone. If ETH/USD settles above the stated resistance zone, it could continue to rise towards the USD 330 level.

      On the downside, an initial support is at USD 290 followed by USD 284. Below this last, the price may perhaps test the USD 260 support level.

      Bitcoin cash and ripple
      Bitcoin cash is slowly rising towards the USD 540 resistance. If BCH/USD clears the USD 540 resistance, it might accelerate above USD 550 to test the USD 565 resistance. On the downside, there are decent supports near the USD 520 and USD 505 levels.

      Ripple price surging above the USD 0.300 resistance and it is currently up more than 7%. The next resistance for XRP/USD buyers is near the USD 0.325 level, above which, the price could test USD 0.340.

      Other altcoins market today
      Many small cap altcoins rallied today by more than 20%, including cortex, VET, NPXS, nano, ONT, WTC, PPT, kin, verge, bitcoin private and AION. Out of these, cortex and VET were the best performers with 54% and 46% gains respectively.

      Overall, bitcoin is trading with many positive signs above USD 6,250. A successful close above USD 6,500 will most likely trigger more upsides in BTC/USD and altcoins in the coming sessions.



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Bitcoin and Ethereum Trading Near Make-or-Break Levels

  • Bitcoin price recovered around 4% after testing a crucial support area near USD 6,000 – USD 6,100.
  • A close below USD 6,000 and USD 5,600 could trigger a breakdown in BTC/USD.
  • Ethereum price is also holding an important support around USD 350.

    LIONBIT

    Bitcoin found support near the USD 6,000 – USD 6,100 area and later it recovered above USD 6,400. BTC/USD gained around 4% and moved above the USD 6,500 resistance, but it failed to hold gains. Similarly, there was a tiny correction in Ethereum from the USD 350 support. Still, ETH/USD seems to be struggling to surpass the USD 365 – USD 370 zone.

    Going forward, it seems like bitcoin price is trading near significant support levels. According to Jeff deGraaf, the head of technical research at Renaissance Macro Research, a break through the key year-to-date support level (USD 5,600- USD 6,000) could be “game over” for bitcoin. Similarly, Rob Sluymer of Fundstrat Global Advisors believes that the crypto technical backdrop continues to deteriorate and a break below USD 5,300 could trigger a move towards USD 3,520, which is a key level.

    Therefore, BTC/USD is currently (UTC 08:30 AM) trading near make-or-break levels. Should buyers fail to keep the price above USD 6,000 and USD 5,600, there may possibly be a technical breakdown. On the other hand, if bitcoin price continues to hold USD 6,000, it could bounce back towards the USD 7,000 and USD 7,500 levels.

    TIP

    Bitcoin
    In the short term, bitcoin price is facing a major hurdle near the USD 6,600 level. It failed recently to surpass the stated level and is currently trading near the USD 6,400 support.

    The next support on the downside is at USD 6,250, followed by the all-important USD 6,000 – USD 6,100. On the upside, resistances are USD 6,500, USD 6,600 and USD 6,800.

    Ethereum
    Ethereum price managed to stay above the USD 350 support, but it is struggling to rebound. ETH/USD is facing a lot of hurdles near the USD 365 and USD 370 levels.
    On the downside, a break below the USD 350 support could trigger heavy losses in ethereum and the price could may even trade towards the USD 300 level.

    Bitcoin cash and ripple
    Bitcoin cash price attempted a recovery above the USD 600 level. However, BCH/USD failed to surpass the USD 620 – USD 630 resistance zone. It seems like the price is likely to decline back towards the USD 580 and USD 560 support levels.

    Ripple price recovered towards the previous support at USD 0.35, which acted as a resistance and prevented gains. It is currently down 1.2% to USD 0.335 and it remains at a risk of more declines.

    Other Altcoins Market Today
    A few altcoins gained today, including chainlink, dentacoin, stellar, BIX, NXT, komodo and dogecoin. On the other hand vechain, AE and bytecoin posted declines between 4-6%.

    Overall, traders must keep a close eye on the USD 6,000 and USD 5,600 support levels in BTC/USD. A break below these could trigger sharp losses in bitcoin in the coming days.



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‘More Than a Cryptocurrency’ – What is the Outlook for Cardano?

According to the Cardano network’s website, the network is “more than just a cryptocurrency.” “It is a technological platform that will be capable of running financial applications currently used every day by individuals, organisations and governments all around the world,” the landing page explains.

Indeed, Cardano quickly rose to worldwide renown after its public launch in October of 2017. Initially worth roughly $0.02, Cardano’s native token, ADA, had reached a peak of nearly $1.30 by early January of 2018. The cryptocurrency quickly rose up the ranks of CoinMarketCap, at times placing as the fifth largest cryptocurrency in the world.

LIONBIT

Things have since cooled off considerably for Cardano–ADA has not been spared from the massive haircut that has caused crypto markets to shed billions over the last several months. At the time of writing, a single ADA token was worth roughly $0.13; Cardano sat comfortably as the world’s eighth largest cryptocurrency by market cap.

Still, the network is being hailed as one of the most promising projects in the cryptosphere. Mati Greenspan, Senior Market Analyst at eToro, delved into Cardano at more depth. This included a technical background, future developments for the project, as well as a token valuation analysis.

Cardano Was Created as a Backbone for an Ecosystem of Decentralized Applications
It can be argued that Cardano was intended to act as a sort of improved version of the Ethereum blockchain–both networks have been built to act as the backbone for an ecosystem of ‘dapps’ (decentralized applications).

However, there are some important differences between the two networks. Cardano boasts that its platform is the first to use an academically peer-reviewed open source protocol. Cardano’s protocol was also constructed in layers that allegedly “[give] the system the flexibility to be more easily maintained and allow for upgrades by way of soft forks”–one layer that will host ADA transactions, and one layer that will host Cardano’s dapp and smart contract ecosystem.

Cardano is reportedly capable of processing hundreds of transactions per second, compared to Ethereum’s 4-7 transactions per second.

Still, Ethereum boasts a wider user base and a higher market cap than Cardano has come close to having. Especially now that blockchain networks seeking to serve a similar purpose, like TRON and EOS, have appeared on the scene, Cardano has a ways to go before it could surpass Ethereum.

Ethereum and Cardano Share an Important Figure: Meet Charles Hoskinson
Why do Ethereum and Cardano have so much in common? Cardano was created by Charles Hoskinson, one of the eight original co-founders of the Ethereum network.

Hoskinson left Ethereum in 2014 after becoming embroiled in disagreements about how the project should be structured – according to Forbes, Hoskinson wanted to open Ethereum to become a for-profit entity with a formal governance structure; Vitalik Buterin, Ethereum’s original founder, wanted to maintain the network’s status as an open-source nonprofit with a decentralized governance structure.

After leaving Ethereum, Hoskinson joined forces with Ethereum’s Jeremy Wood to create IOHK, an engineering firm that builds blockchains and cryptocurrencies for private companies and public institutions.

Thus, Cardano was born–the network was IOHK’s primary project. The network was created as a public blockchain network with smart contract capabilities, powered by ADA, its native cryptocurrency.

In an exclusive interview with Finance Magnates conducted earlier this year, Hoskinson told of his high hopes for the network’s future. He said that in a year, “[Cardano will [be able to–pound-for-pound–compete with Ethereum and Bitcoin.”


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Ethereum Creator: Mass Adoption Matters More Than Cryptocurrency ETFs

Ethereum co-founder Buterin Vitalik believes that the crypto community has focused too much on ETFs rather than making cryptocurrency easier to use as a method of payment for everyday purchases via payment cards, according to a recent tweet. An ETF will benefit cryptocurrency prices, he believes, but making it easier for people to use it will do more for mass adoption.

Predictably, the comment drew a lot of response on Twitter.

One tweeter noted that creating the ability to earn cryptocurrency will do more to encourage adoption since when a person earns cryptocurrency, there is no need to convert it to fiat, which presents an inconvenience.

Another tweeter noted that attempts were made in the past to make cryptocurrency usable for retail transactions, but regulatory concerns stopped businesses from issuing cards. The tweeter noted that such an effort might prove more successful at the present time.

Others claimed there is no advantage to using crypto for retail transactions.

ETFs And Mass Adoption Related

While Buterin views ease of use for everyday transactions as key to mass adoption, the availability of cryptocurrency ETFs could also play a role in bringing that to pass.

When the U.S. Securities and Exchange Commission (SEC) recently clarified that bitcoin and ethereum are not securities, many crypto advocates welcomed the news since it bodes well for cryptocurrency ETFs. However, the decision also bodes well for the industry in ways that can impact mass adoption.

Some viewed the SEC clarification as validating Coinbase‘s recent move to support the ERC-20 token standard.

Dan Romero, Coinbase general manager and vice president, said last month that at the current phase of cryptocurrency regulation, it is important for the company to integrate digital assets that cannot be categorized as securities.

Coinbase’s May acquisition of Paradex, a decentralized cryptocurrency exchange, and Toshi, Coinbase’s native Ethereum app, and integrating more tokens will encourage mainstream adoption of tokens, many believe.

Circle co-founder and CEO Jeremy Allaire recently said one of the things that catalyzed the crypto market last year was that developers by the hundreds of thousands began building dApps to expand blockchain adoption.


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Bitcoin and Altcoins Remain Buy on Dips

  • Bitcoin faced a strong resistance near the 100-day simple moving average (SMA) at USD 7,600.
  • Ethereum is correcting lower and is trading near the USD 470 support.
  • Ripple price declined below USD 0.50, which is a short-term bearish sign.


    Yesterday, we discussed a crucial hurdle for bitcoin buyers near the 100-day SMA at USD 7,600. BTC/USD tested the mentioned resistance and faced heavy sell offers. As a result, the price started a downward correction and declined below USD 7,500. However, the price remains well supported on the downside near USD 7,150 and USD 7,080. Similarly, there were bearish moves in altcoins like ethereum and ripple, but both are currently trading near important support levels.

    Bitcoin
    Bitcoin price corrected lower and traded towards the USD 7,275 level. Losses were limited in BTC/USD and the pair started consolidating. The price is currently down roughly 1.4% (UTC 09:00) with an immediate support at USD 7,275. Below this, the price may perhaps test a key pivot support at USD 7,150.
    On the upside, the price is facing a significant resistance near USD 7,550 and USD 7,600. A successful daily close above these resistances could further accelerate gains in bitcoin.

    Ethereum
    Ethereum price was under pressure and declined below the USD 500 support. ETH/USD is down around 5% and is currently trading above USD 470 support. Below this, the next key support awaits near USD 460.

    On the upside, the USD 500 level is once again a major resistance, above which, the price is likely to resume its upward move toward the USD 515 and USD 525 levels.

    Bitcoin Cash and Ripple
    Bitcoin cash price corrected lower, but it is holding a key support at USD 800. BCH/USD must stay above the USD 780 – USD 800 support zone to move back higher. On the upside, an initial resistance is near the USD 830 level, followed by the USD 850 level.
    Ripple price trimmed most of its gains and declined below the USD 0.50 support. It is a bearish sign, but if the XRP/USD pair manages to hold the USD 0.48 support, it could recover once again.

    Other Altcoins Market Today
    There were sharp declines in a few altcoins like aion, LOOM, DROP, POWR, WAX, WAN and ETHOS. However, there are still many bullish signs on the charts, suggesting that dips remain supported.

    Bitcoin price could correct further lower, but there are many key supports on the downside such as USD 7,150, USD 7,080, USD 7,000, and USD 6,850. Once the current correction is complete, BTC/USD may resume its uptrend.


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Cardano Falls 10.03% In Selloff

Investing.com – Cardano was trading at $0.13011 by 07:36 (11:36 GMT) on the Investing.com Index on Tuesday, down 10.03% on the day. It was the largest one-day percentage loss since June 22, 2018.



The move downwards pushed Cardano’s market cap down to $3.41B, or 1.33% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $23.92B.

Cardano had traded in a range of $0.12984 to $0.13985 in the previous twenty-four hours.
Over the past seven days, Cardano has seen a drop in value, as it lost 17.83%. The volume of Cardano traded in the twenty-four hours to time of writing was 58.49M or 0.43% of the total volume of all cryptocurrencies. It has traded in a range of $0.12952 to $0.16008 in the past 7 days.

At its current price, Cardano is still down 90.36% from its all-time high of $1.35 set on January 4, 2018.

Elsewhere in cryptocurrency trading
Bitcoin was last at $6,438.8 on the Investing.com Index, down 4.07% on the day.

Ethereum was trading at $443.64 on the Investing.com Index, a loss of 8.5%.

Bitcoin’s market cap was last at $111.19B or 43.25% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $45.12B or 17.55% of the total cryptocurrency market value.


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