Wednesday, August 15, 2018
This week altcoin prices analysis brings good news and shows positive signs of improvements and recovery, and an upward dynamics.
Centralized crypto exchange NASDAQ DX Exchange, announced that the number of registered users exceeded 500,000 before its official opening.
This week's altcoin price analysis is an indicator that altcoins are pretty much under pressure at the moment regarding growth expectations.
Bitcoin volatility degree is lower than other cryptocurrencies, according to The American Institute for Economic Research (AIER).
The American bitcoin-exchange itBit announced the support of four new cryptocurrencies, which will now operate in the state of New York.
Over the last week, the crypto market capitalization has decreased by approximately 20% - from 350 to 279 billion US dollars.
Against the background of aggravation of economic tension due to trade wars between the US and the rest of the world, the cryptocurrency market continues to increase its capitalization.
The Devere Group, an international financial consulting company with a client base of over 80,000 people from 100 countries, announced that the Devere Crypto application now has EOS and BTC support.
Leading bitcoin analyst with Wall Street and partner of the venture firm Blockchain Capital Spencer Bogart during the Fast Money program at CNBC said that crypto traders should only buy bitcoin, since the spectrum of its application is constantly expanding.
The British fintech startup Revolut has added to its mobile application the support of the digital currencies Ripple and Bitcoin Cash.
Great Britain can surely be named as a pioneer in the crypto world, and so it is with this case also, because it has been announced that the first cryptocurrency platform in Britain has been launched.
With the belief that all assets will be digitized in the future, leading investment platform eToro has announced it will launch a cryptocurrency offering in the United States. The launch will initially enable U.S.-based users to invest in 10 cryptocurrencies, with more to be added throughout 2018.
Regarding latest altcoin prices analysis, things are getting interesting. Currently, there is a rich news background, affecting the entire market of cryptocurrencies.
The Gemini Bitcoin Exchange, added support for Zcash (ZEC), anonymous cryptocurrency with a market capitalization of $1 billion. In connection with obtaining approval from the N New York Department of Financial Services (NYDFS) Gemini will start accepting deposits with the Zcash token on Saturday, May 19.
NASDAQ first crypto-exchange, based on its' own developed infrastructure, will be launched in June this year and will offer users trading with zero commissions. It is called DX Exchange, and at the initial stage, in addition to bitcoin, it will support five other highly liquid assets.
Analysts of the international social trading platform eToro published the results of a study of their user base. Among other things, they found out that the vast majority of crypto traders do not have previous trading experience on stock exchanges, and Ripple is the most "female" of the digital assets.
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