Dogecoin DOGE

$0.0021
Market Cap $ 248.310 MM (#24)
24h Volume $ 14.010 MM
Chg. 24h: -1.58%
Algo. score 3.3/5  (#308)
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Dogecoin News

Dogecoin [DOGE] Price Analysis - Doge Enters Range After Descending Triangle Pattern

Doge Daily Chart - Source: Tradingview.com After a bearish end to last weeks trading, the market has begun spiking over the past hour. Many major cryptocurrencies are rising to key levels and finding resistance. Doge declined from a descending triangle pattern yesterday to reenter what has been an important range for the meme-based cryptocurrency. Doge had traded in the range of $0.002 to $0.0023 for three weeks prior to forming the descending triangle pattern. $0.0023 has also acted a significant level of support in the past as well and preceded an over 200% price spike in early September. Doge 4-Hour Chart - Source: Tradingview.com Dogecoin has a tendency to move more independently than other cryptocurrencies. While many cryptocurrencies are closely correlated to the performance of Bitcoin, Dogecoin can continue to move in its own direction despite the movements of Bitcoin. The last time that Doge entered this range, the rest of the market was crashing. Doge continued in the range despite downward movements across the market. There is a strong possibility that doge may continue in this range for a significant amount of time even if other major cryptocurrencies are surpassing key levels or undergoing bearish declines. Price currently trades close to the center of the range around $0.00215 at the time of writing. Key Takeaways: Doge declined from a descending triangle last week and re-entered an important range. The $0.002 to $0.0023 price range has been important for previous price action in doge and price traded within this range for three weeks prior to doge forming the descending triangle. Price of doge tends to move independently from the rest of the market, and there is a strong possibility that doge will continue to move within this range even if significant moves happen in other major cryptocurrencies. Latest Dogecoin News: Will the Descending Triangle for Dogecoin [DOGE] Precede a Range Reentry? DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Dogecoin [DOGE] Price Analysis - Doge Enters Range After Descending Triangle Pattern was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

13 hours ago

Dogecoin [DOGE]: Price Continues to Trade in a Range Despite Bullish Market Movements

Doge Daily Chart - Source: Tradingview.com Most major cryptocurrencies recorded significant bullish movements for yesterdays trading resulting in many of them breaking above key levels. After breaking down from a descending triangle last week, Doge has been trading in an important range for its price between $0.002 and $0.0023. Dogecoin has previously traded in this range and has also previously experienced significant support at $0.0023. Before a bullish breakout which took place in mid-December, Doge traded with this range for three weeks. Dogecoin also traded just above support at $0.0023 before an over 200% appreciation at the start of September. Doge 4-Hour Chart - Source: Tradingview.com Price action in Dogecoin yesterday ranged from $0.00206 to $0.00223. Price is currently trading close to the center of the range around $0.00215 where it traded for a significant amount of yesterdays trading activity. It is likely that the price of Doge could continue to trade in this range for a prolonged period of time even with the market making strong bullish or bearish movements. Dogecoin stayed in this range for three weeks the last time despite bearish movements taking place across the rest of the market. Key Takeaways: Dogecoin continues to trade in a range from $0.002 to $0.0023 despite many cryptocurrencies breaking above key levels during yesterdays price action. This range has been an important area for the price action of Dogecoin in the past with price staying in the range for three weeks the last time. Dogecoin has moved independently from the rest of the market in the past and may maintain in this range even with strong bullish or bearish movements taking place across the rest of the market. Latest Dogecoin News: Dogecoin [DOGE] Price Analysis - Doge Enters Range After Descending Triangle Pattern Will the Descending Triangle for Dogecoin [DOGE] Precede a Range Reentry? DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Dogecoin [DOGE]: Price Continues to Trade in a Range Despite Bullish Market Movements was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

13 hours ago

Dogecoin Price Loses USD Gains Following DOGE/BTC Decline

When it comes to analyzing the cryptocurrency market trends, most people look toward Dogecoin for any real overall indicators. So far, it seems the meme currency of the internet is struggling to note any real gains in either USD or BTC value. While its value tends to remain stable first and foremost, investors and speculators are hoping for some positive price action. When that will materialize, remains to be determined. More Sideways Action for the Dogecoin Price Even though all of the top cryptocurrency markets have shown some positive momentum, not all altcoins are following this pattern whatsoever. Dogecoin, for example, usually bucks the negative market trend without too many problems. Unfortunately for speculators, it doesn’t necessarily follow uptrends either. This has become more than apparent over the past few days, as it appears DOGE remains at a status quo for now. Over the past 24 hours, the Dogecoin price hasn’t moved all that much in the USD department. A 0.36% difference won’t make many people excited, as the price per DOGE remains at the $0.002135 level. What is somewhat troublesome is how Dogecoin loses more value against Bitcoin, following another 2.57% decrease. Although one DOGE is still valued at 58 Satoshi, reclaiming the 60 Satoshi level remains an ongoing challenge. On social media, there is still a positive attitude toward Dogecoin as of right now. Taelyn wouldn’t mind seeing another new price drop prior to the launch of the upcoming Bakkt trading platform. Although that trading platform is widely considered to be a major breakthrough for all cryptocurrencies, the market hasn’t responded in mind to its imminent launch. Calling for Dogecoin drop is a bit odd, though. #Dogecoin let's see some new lows before #BakktLaunch pic.twitter.com/Ppr4u7TUi4 — Taelyn (@CryptoBaeTrader) January 15, 2019 At times like these, it is important to keep the bigger picture in mind at all times. Tom, a fan of Dogecoin, was attracted to this altcoin due to its technical features such as being fast, cheap, and having a fixed rate of production. There is also a large community, which is something a lot of other cryptocurrencies struggle to achieve. As such, it seems the future for Dogecoin looks bright regardless of what the current price might indicate. Some things aren't just right for only one reason.... some things are just so sublime you enumerate good tidbits about it all day long.#Dogecoin is like that.#tidbit: dog on a coin.#tidbit: Fixed rate of production#tidbit: large community#tidbit: FAST#tidbit: CHEAP — Tom (@tom_carbon) January 15, 2019 When looking at the Dogecoin price chart from a technical perspective, it seems the DOGE/USD segment will undergo some potential changes in the near future. For the time being, it is still unclear if this results in an uptrend or downtrend, as both options are equally viable at this point. Given how DOGE/USD tends to move up following Bitcoin’s recent gains, it seems a positive outlook might be warranted at this time. #dogeusd #DOGE #dogecoin #Ripple #btcusd #BTC #Bitcoin #xlm pic.twitter.com/2FLkhALwh3 — Hannibal (@Tanjusun) January 14, 2019 For the time being, the Dogecoin market remains at a crossroads. Which direction will be taken from this point forward, is impossible to predict. Although one would expect a higher USD value following Bitcoin’s recent push, the momentum is negated through DOGE/BTC losses. This creates a fair bit of market uncertainty, albeit there is no panic to speak of just yet. The coming hours and days will prove very interesting for Dogecoin, regardless of how the market evolves. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Dogecoin Price Loses USD Gains Following DOGE/BTC Decline appeared first on NullTX.

13 hours ago

Crypto Arbitrage Today: BTC, ETH, TRX, XRP, XLM, DOGE

Another day dawns upon the cryptocurrency industry. While most markets are moving up slowly, the number of arbitrage opportunities continues to increase accordingly. A lot of good money can be made today by flipping the following altcoins between the associated exchanges. Depending on how all markets evolve, there will be further gains waiting on the horizon. Ethereum (Gate / KuCoin / EXMO) A fair few price differences can be noted where Ethereum is concerned. It would appear the value per ETH on EXMO is slightly higher compared to exchanges such as OKEx, HitBTC, KuCoin, Poloniex, Gate, Bittrex, and Binance. An acceptable 1% profit can be achieved by moving ETH between these platforms. There is also an opportunity involving Bitfinex, as its ETH price is higher compared to Koinim, BtcTurk, Koineks, Bittrex, Bitstamp, and Paribu. These profits are near the 1% mark on average, yet can rise to 1.79%. Bitcoin (OKEX / Poloniex / Livecoin) Finding two relatively big exchanges with an identical Bitcoin price may prove to be somewhat challenging today. In terms of arbitrage trading, that is rather good news. Buying Bitcoin on Poloniex, Gate, HitBTC, OKEx, Binance, KuCoin, Bittrex, or Binance and selling it on EXMO, Livecoin, Bitexen, Sistemkoin, or Bitfinex will yield a profit. The Bitcoin-related price gaps can be as big as nearly 3%, although the average profit will be closer to 1.3%. XRP (Bitstamp / Vebitcoin / Bitfinex) There are numerous arbitrage opportunities involving XRP today. The more straightforward option is to sell XRP on Bitfinex after buying on Bitstamp, Vebitcoin, or Bittrex for a profit of up to 2.8%. Users can also buy on Binance, KuCoin, HitBTC, OKEx, Poloniex, or Gate to sell on EXMO for an average profit of 1.4%. Buying on Bittrex, or Binance and selling XRP on Sistemkoin can also yield a 1% profit today. Stellar Lumens (KuCoin / Gate / EXMO) As has been the case for several days now, EXMO has become the go-to arbitrage exchange once more. Its XLM value is higher compared to KuCoin, HitBTC, Gate, and Binance. As such, traders can achieve a profit of up to 1.8%. There is also an option to buy on KuCoin, Binance or Kraken to sell XLM on Bitexen for a profit of nearly 3% per trade. All of these options heavily depend on the trading volume between these exchanges. Dogecoin (HitBTC / Gate / LiveCoin) It is always good to see a Dogecoin price gap emerge between different trading platforms. After all, Dogecoin remains one of the more popular currencies in the industry as a whole. Its price on both HitBTC and Gate is lower compared to LiveCoin, resulting in a potential profit of 2.15%. Given how popular Dogecoin is, such a price gap should never be overlooked whatsoever. Tron (Paribu / Koineks / Bitfinex) A rare TRX-oriented arbitrage opportunity presents itself today. That is always interesting, as Tron usually maintains a fairly stable price between all major exchanges. For today, the TRX value on Paribu and Koineks is lower compared to Bitfinex. Depending on which option one prefers to explore, the potential profit sits between 1.8% and 2.4%. Another good money-making opportunity in the cryptocurrency world. Information provided by Arbing Tool Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Crypto Arbitrage Today: BTC, ETH, TRX, XRP, XLM, DOGE appeared first on NullTX.

13 hours ago

Finder Report: Stellar Lumens Price to Increase by 260% This Year

According to a Finder report, Stellar Lumens will post stellar performance in January and throughout the year. According to the report, XLM will surge by 84% in January to $0.21 and will record a 260% increase by the year-end to $0.41. Additionally, Cardano is expected to gain 43% before the start of February. Ethereum and EOS are also expected to gain 55% and 77% this year. The report shows bearish predictions for Tron, Litecoin, and Dogecoin. Based on the predictions, TRX, LTC, and DOGE would plunge by 52%, 35%, and 47% respectively. XRP will post a 44% increase by the year-end but will lose 10% this month, per the forecast. Six individuals from the crypto sector including Bitcoin developer Jimmy Song prepared the Finder report. (KE)

4 days ago

Report: Dogecoin (DOGE) Remains the Most Promising Cryptocurrency Regarding Stability

Today the crypto market is bleeding with most assets losing an average of 10% of their value. However, Dogecoin (DOGE) has remained relatively stable, and is trading within the same level it was trading at before today’s decline. Although merchants do not like the stagnant nature of the coin, the stability increases its practicability, making it valuable in the long-term. DOGE maintained this stability throughout 2018. While most of the digital currencies plunged deeply, DOGE only registered mild drops, an indication that the coin is practical for everyday transactions. At the time of writing DOGE was trading at $0.0021 up 0.12%. (VK)

4 days ago

DOGE price analysis: You can’t keep a good dog down

Like most digital assets, Dogecoin lost significant value during 2018’s bear market. However, DOGE has survived challenging external market conditions before – and driven by some idiosyncratic design decisions remains a stand out alt-coin across a number of fundamental metrics.

5 days ago

Will the Descending Triangle for Dogecoin [DOGE] Precede a Range Reentry?

Dogecoin Daily Chart - Source: Tradingview.com Dogecoin looks likely to reenter an important range after forming a descending triangle over the past three to four weeks. A descending triangle is a bearish trend continuation pattern that increases the likelihood that price will break below the pattern. With Dogecoin already trading at the bottom of this pattern, we are likely to see price reenter an important range for Dogecoin between $0.002 and $0.0023. Price has already dropped into this range on the past five consecutive days but risen back above each time. However, the longer price trades here, the more likely it become that price will reenter the range. The range is an important one for Dogecoin. It was the point where Doge found support prior to undergoing a price spike in September. Price also traded within this range for three weeks between mid-November and mid-December despite the rest of the market recording bearish drops. Dogecoin 4-Hour Chart - Source: Tradingview.com The four-hour chart shows in closer detail how the price action of Dogecoin has been respecting the descending triangle pattern. With the pattern approaching its end, it is highly likely that Doge will reenter its range over the coming days. Key Takeaways: Dogecoin is trading within a descending triangle pattern which is a bearish continuation pattern. The pattern is currently approaching its end making it likely that price will break below over the next few days. Price has already dropped below on the past five days but has risen back above on each occasion. A break below would result in Doge reentering an important range between $0.002 to $0.0023. Doge spent three weeks inside this range between mid-November and mid-December despite bearish movements taking place across the rest of the market. Latest Dogecoin News: Price Analysis: Bitcoin, Ethereum, XRP, Stellar, Litecoin, Cardano, EOS, IOTA, Tron, and Dogecoin DogePal Releases New Version With More Features for Optimized Dogecoin [DOGE] Payments DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Will the Descending Triangle for Dogecoin [DOGE] Precede a Range Reentry? was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

7 days ago

Greenspan: XRP Not A Security But Community Still Too Aggressive

XRP should not be classified as a security, according to Mati Greenspan, senior market analyst at eToro. That said, Greenspan says that the XRP community’s behavior has been counter-productive to adoption by the banking sector. Asked for his views on XRP, Greenspan confirmed he is still “bullish” on the payments settlement token. In a webinar this afternoon, he said that the token could disrupt the entire banking system. He also argued that XRP should not be classified as a security in the US, and that its characteristics more closely resemble those of a utility token. “XRP is not a security, in my personal opinion”, Greenspan said. “My best understanding is XRP is logically a utility token [but] the SEC may see things differently.” Greenspan nonetheless expressed reservations, principally for the behavior of its online community. Although XRP’s large following has been very effective in raising awareness, it also has an aggressive side: in the fans attempting to bully banks into adopting XRP. “The negative side to [XRP’s online community] is aggressiveness,” Greenspan said. “Floods of people are attempting to force banks to accept XRP.” Greenspan argued that this aggressiveness is pushing the financial institutions away. Banks that had publicly considered adopting XRP later decided against it, largely because of the unruly online community, he said. This behavior may be harming XRP’s chances of mainstream adoption . Winning the Hashtag War No community is quite so active as XRP’s. The self-styled “#XRPArmy” has been vocal on a number of issues, especially surrounding XRP’s regulatory status in the US. They have also demanded a listing on popular cryptocurrency exchange Coinbase. The community’s behavior has become so overbearing that some are beginning to block them entirely. Jackson Palmer, the creator of Dogecoin (DOGE), had his own individual battles with what he described as a “toxic dumpster fire of a community.” In December, Palmer published an open source script for Twitter called ‘XRP away.’ When enabled, the script automatically blocks anyone from mentioning a user who has the term ‘XRP’ mentioned in any part of their profile. You can find my simple script to automatically block XRP accounts that slide into your mentions @ https://t.co/h4OQV2EITa - I call it XRP Away™️ https://t.co/5H0CK1lvZq — Jackson Palmer (@ummjackson) December 2, 2018 Palmer’s experience wasn’t unique. Daniel Floyd, writing for Coindesk, came under heavy attack from the XRP community - not in response to any article that he had written, but merely for approaching leading figures for comment. Add it to the list Not everyone believes XRP will be adopted by the banks. Nano’s (NANO) founder, Colin LeMahieu, told Crypto Briefing last month that it was too slow and centralized for the banks. Greenspan shared some of the same concerns, as Ripple Labs, the token’s creator still owns nearly 60% of the total supply. This, he felt, could make it a risky asset with a high selling pressure, making the token’s value difficult to stabilize. Greenspan is a long-term holder of XRP, having bought his first tokens back in May 2013. But as he explained, the project’s viability rests almost entirely on financial institutions. Most of these companies treasure their public image; they could be put off from joining forces with a project with an aggressive and uncontrollable online community. Despite its sleek image, XRP has multiple problems that it needs to iron out. Attention has mostly focused on its regulatory status and use case; an unruly community might also belong on the list. The author is invested in digital assets, but none mentioned in this article. Join the conversation on Telegram and Twitter! The post Greenspan: XRP Not A Security But Community Still Too Aggressive appeared first on Crypto Briefing.

8 days ago

Greenspan: XRP Not A Security But Community Still Too Toxic

XRP should not be classified as a security, according to Mati Greenspan, senior market analyst at eToro. That said, Greenspan says that the XRP community’s behavior has been counter-productive to adoption by the banking sector. Asked for his views on XRP, Greenspan confirmed he is still “bullish” on the payments settlement token. In a webinar this afternoon, he said that the token could disrupt the entire banking system. He also argued that XRP should not be classified as a security in the US, and that its characteristics more closely resemble those of a utility token. “XRP is not a security, in my personal opinion”, Greenspan said. “My best understanding is XRP is logically a utility token [but] the SEC may see things differently.” Greenspan nonetheless expressed reservations, principally for the behavior of its online community. Although XRP’s large following has been very effective in raising awareness, it also has an aggressive side: in the fans attempting to bully banks into adopting XRP. “The negative side to [XRP’s online community] is aggressiveness,” Greenspan said. “Floods of people are attempting to force banks to accept XRP.” Greenspan argued that this aggressiveness is pushing the financial institutions away. Banks that had publicly considered adopting XRP later decided against it, largely because of the unruly online community, he said. This behavior may be harming XRP’s chances of mainstream adoption . Winning the Hashtag War No community is quite so active as XRP’s. The self-styled “#XRPArmy” has been vocal on a number of issues, especially surrounding XRP’s regulatory status in the US. They have also demanded a listing on popular cryptocurrency exchange Coinbase. The community’s behavior has become so overbearing that some are beginning to block them entirely. Jackson Palmer, the creator of Dogecoin (DOGE), had his own individual battles with what he described as a “toxic dumpster fire of a community.” In December, Palmer published an open source script for Twitter called ‘XRP away.’ When enabled, the script automatically blocks anyone from mentioning a user who has the term ‘XRP’ mentioned in any part of their profile. You can find my simple script to automatically block XRP accounts that slide into your mentions @ https://t.co/h4OQV2EITa - I call it XRP Away™️ https://t.co/5H0CK1lvZq — Jackson Palmer (@ummjackson) December 2, 2018 Palmer’s experience wasn’t unique. Daniel Floyd, writing for Coindesk, came under heavy attack from the XRP community - not in response to any article that he had written, but merely for approaching leading figures for comment. Add it to the list Not everyone believes XRP will be adopted by the banks. Nano’s (NANO) founder, Colin LeMahieu, told Crypto Briefing last month that it was too slow and centralized for the banks. Greenspan shared some of the same concerns, as Ripple Labs, the token’s creator still owns nearly 60% of the total supply. This, he felt, could make it a risky asset with a high selling pressure, making the token’s value difficult to stabilize. Greenspan is a long-term holder of XRP, having bought his first tokens back in May 2013. But as he explained, the project’s viability rests almost entirely on financial institutions. Most of these companies treasure their public image; they could be put off from joining forces with a project with an aggressive and uncontrollable online community. Despite its sleek image, XRP has multiple problems that it needs to iron out. Attention has mostly focused on its regulatory status and use case; an unruly community might also belong on the list. The author is invested in digital assets, but none mentioned in this article. Join the conversation on Telegram and Twitter! The post Greenspan: XRP Not A Security But Community Still Too Toxic appeared first on Crypto Briefing.

8 days ago

January Cryptocurrency Predictions Report: Nearly all coins expected to fall, with the exception of Stellar and Cardano

Price comparison site finder.com releases January Cryptocurrency Predictions Survey including forecasts for the end of 2019, 11 coins forecast Nearly all coins expected to fall by February 1, 2019 TRON (TRX), Dogecoin (DOGE) and Litecoin (LTC) to experience biggest drops Stellar (XLM) and Cardano (ADA) are the only coins predicted to increase this month Bitcoin (BTC), Cardano (ADA), and Stellar (XLM) top coins picked for 2019 The experts on personal finance comparison site finder.com’s latest monthly Cryptocurrency Predictions Survey have shared their 2019 forecasts for eight of the top 10 coins by market cap, as well as the top three trending coins, Monero, Dogecoin and NEO. Nearly all coins are expected to fall over the next month, with the exception of Cardano and Stellar, which are expected to increase by 43 percent and 84 percent, respectively. TRON, Dogecoin, and Litecoin are set to experience the greatest drops by February 1, 2019, with forecasted falls of 52 percent, 47 percent, and 35 percent, respectively. While nearly all coins are predicted to decrease over the next month, five of these falling coins are anticipated to recover over the next year. This means that over the course of the year a total of seven coins are predicted to increase in value. The coins predicted to see the greatest growth in 2019 are Stellar, Cardano, and bitcoin, with forecasted growth of 260 percent, 91 percent, and 84 percent, respectively. Bitcoin is splitting opinion among the panellists, with a predicted decrease in value of seven percent this month. However, the panellists expect the coin to recover to US$6,947 by years-end. Alisa Gul, CEO of WishKnish, believes the fact that “the bearish pressure on the global stock market doesn’t seem to have a lasting effect [on price], as does the easing of the difficulty of the validating algorithm” means that “it’s hard right now to see much of a light at the end of this tunnel.” However, Joe Raczynski of JoeTechnologist gives some cause for optimism. While he notes that “Many of the institutional players have said they are done with this experiment (publicly)”, this could be a temporary stance because “if there are any dramatic shifts with the economy (the expectation is slightly more likely than not), bitcoin will be a safe haven”. The six panellists in the December Cryptocurrency Predictions Report include: Craig Cobb: Founder of TraderCobb.com, designed to educate people on crypto trading in a way that is simple, easy and logical Alisa Gus: CEO of WishKnish, a blockchain gamified social market network aimed at helping communities grow, and founding member of the DC Digital Economy Hub Fred Schebesta: Co-founder of global comparison site finder.com and OTC cryptocurrency trading platform HiveEx.com Jimmy Song: Bitcoin core developer, educator and entrepreneur. He is venture partner at Blockchain Capital LLC and teaches bitcoin and blockchain programming at Programming Blockchain Ben Ritchie: COO of Digital Capital Management, a premium digital asset fund. He is also CEO of consulting service Bitcoin Advisors Joseph Raczynski: Experienced technology consultant and manager specialising in blockchain technology, he specialises in AI, cybersecurity and legal technology. The full details of the survey, complete with comments from the panellists, can be found here: https://www.finder.com/uk/cryptocurrency-predictions Jon Ostler, UK CEO at finder.com says, “December surprised quite a few people, with a lot of coins rising fairly consistently. This has continued to be the case so far in January, although our panellists don’t expect this trend to last for all coins. Past experience in this sector also reminds us that a month of gradual price movements can change in a matter of hours. “It is important that people are aware of the volatile nature of cryptocurrencies. When considering the purchase of cryptocurrency, people should always be prepared to do their own research and decide what’s right based on their personal financial circumstances.” For more information on finder’s cryptocurrency predictions, please visit https://www.finder.com/uk/cryptocurrency-predictions. Image(s): Martha Kraft/Shutterstock.com The post January Cryptocurrency Predictions Report: Nearly all coins expected to fall, with the exception of Stellar and Cardano appeared first on NullTX.

8 days ago

Altcoin Arbitrage Today: ETH, XMR, BTG, TRX, ADA, DOGE

As the new week has begun, the quest to make money with cryptocurrencies is still in full effect. It would appear there is some genuine interest in different markets, which ultimately leads to arbitrage opportunities. The following options will all yield respectable profits, assuming users can take advantage of them rather quickly. Monero (Bittrex / Bitfinex) It would appear a new Monero arbitrage opportunity presents itself every other day. Either users are not taking advantage of this gap or the price difference continues to establish itself time and time again. A solid 3.36% profit can be earned by buying XMR on Bittrex and moving money to Bitfinex throughout today. Bitcoin Gold (Koineks / Cex / Sistemkoin) A fair few different price gaps have come to the surface as far as Bitcoin Gold is concerned. This particular currency usually seems to introduce some price differences between trading platforms. Buying on Koineks, Cex, or Bitfinex and flipping BTG on Sistemkoin will yield an average profit of 3.3%. It is also possible to buy on CEX and sell on Bitfinex for a smaller 1.16% profit. Tron (Koineks / Binance / Bitfinex) It doesn’t happen all that often two completely different arbitrage opportunities for the same coin involve four unique exchanges. Today is certainly shaping up to be an interesting day in this regard. Buying TRX on Koineks lets users sell on Bitfinex for a 1.96% profit. There is also an option to buy on Binance and sell on Sistemkoin for a 1.17% gain. Both options are appealing in their own regard. Dogecoin (HitBTC / Gate / LiveCoin) Every time a Dogecoin arbitrage opportunity presents itself, there is some good reason to be cautiously optimistic. While there won’t be any spectacular gains to speak of, the potential for a 1.35% profit is still pretty interesting. Buying DOGE on either HitBTC or Gate and selling on Livecoin will do the trick for today. A solid option to make money, as there’s always a demand for Dogecoin. Cardano (Binance / Kraken) Although Cardano arbitrage opportunities have become somewhat rare in recent times, it would appear there is still a price gap between Binance and Kraken right now. This is the sole opportunity yielding the lowest profit per trade, but that doesn’t mean it should be overlooked by any means. A 0.75% profit is still a good way to kick off a new week. Ethereum (Any Exchange / EXMO / Livecoin) A ton of Ethereum price gaps are apparent when it comes to the EXMO and LiveCoin exchanges. More specifically, it would appear one can buy from virtually every single exchange to flip ETH on these two exchanges and score a profit. The average profit is close to 1.2%, depending on where one buys Ethereum from exactly. Information provided by Arbing Tool Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Altcoin Arbitrage Today: ETH, XMR, BTG, TRX, ADA, DOGE appeared first on NullTX.

9 days ago

DOGE/BTC Ratio Turns Bearish yet USD Gains Show Promise

Now that all of the top cryptocurrencies and assets are in the green again, the week is seemingly off to a good start. Although it is still too early to determine if these gains can remain in place, the short-term future looks promising. The Dogecoin price, while not budging all that much, continues to do its own thing without too many problems. Most is Well on the Dogecoin Price Front After a bit of an odd weekend for cryptocurrencies and digital assets, it would appear things are looking up once again. Once Bitcoin goes in the green, the rest of the markets will follow pretty quickly. That is simply how this industry works right now, even though Dogecoin has shown promising signs when Bitcoin is stuck in the dirt as well. In the past few hours, there has been a very minor Dogecoin price uptrend in USD value. One DOGE is currently priced at $0.0023, which is lower than the value prior to the weekend. The main concern some people may have, however, is how the DOGE/BTC ratio continues to get battered. Another near 5% loss pushes the ratio down to 57 Satoshi and it seems unlikely 60 Satoshi will be reached again anytime soon. Although there is always excitement regarding Dogecoin, not too many big developments are taking place behind the scenes right now. One intriguing project is the self-professed Dogecoin-oriented social media platform. The creator confirms a beta will be ready in the coming two weeks, although not much is known about this platform as of yet. As such, it will be interesting to see what this venture can bring to the table moving forward. In terms of social media engagement, Dogecoin is still doing its own thing and in rather successful fashion. More specifically, it would appear DogecoinMultisig is quite pleased with how strong the DOGE brand has become over the years. Even though it is not a top currency in terms of market cap, the Dogecoin brand is a lot bigger than enthusiasts of the top 10 altcoins and assets may want it to be. Who's got a strong brand? Who's got a strong brand? You do! Yes, YOU DO! Good #dogecoin — DogecoinMultisig (@DogecoinMulti) January 7, 2019 As has become somewhat of a tradition on Twitter these days, a new Dogecoin-related meme makes its way to the platform on a regular basis. The new image shared by Marco Royer is both funny and somewhat disconcerting at times. It is seemingly a jab at Dogecoin, rather than an illustration of how this currency is a lot more approachable by cryptocurrency newcomers. Lol... #bitcoin #xrp #dogecoin #Crypto #cryptocurrency #Coinbase #ETH #LTC #future #BTC #meme #Finance pic.twitter.com/zvjm1q8Mbx — Marco Royer (@MarcoRoyer14) January 7, 2019 Most traders will be worried about the DOGE/BTC ratio, which is only to be expected. A deficit in this regard is quite worrisome for a few different reasons. Even though the USD value is still moving up nicely, it would appear most speculators simply want to increase their BTC holdings. For now, Dogecoin might not be the best market to do so. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post DOGE/BTC Ratio Turns Bearish yet USD Gains Show Promise appeared first on NullTX.

9 days ago

Dogecoin Price Remains Somewhat Stable

In the crypto world, it has become more apparent that stability in price is a valuable characteristic. Most digital coins, however, seem very volatile. These coins experience price surges and then dip occurs on a rather regular basis, making good money for speculators and traders. However, long-term investors and holders prefer some price stability, and this is where Dogecoin (DOGE) checks the right boxes. Dogecoin price appears to remain stable in early 2019. Despite a 2.1 percent loss in USD value and a 2.7 percent loss in BTC value, 1 DOGE is trading at$ 0.0023 which is equivalent to 59 Satoshi. (VK)

11 days ago

Dogecoin Price Loses the 60 Satoshi Level Following Minor Dip

When it comes to determining the polarity of a specific altcoin or digital asset, comparing it to Dogecoin’s success is often a valuable metric. This meme currency of the internet has carved out its own path and proven to be successful on many different occasions. As a result, the Dogecoin price is still holding its own fairly well across the board. Dogecoin Price Momentum Remains Somewhat Stable It has become more than apparent price stability is a valuable trait in the world of cryptocurrency. Many currencies see an uptrend and following dip occur on a rather regular basis. While that makes speculators and traders some good money in the process, the holders and long-term investors would rather see some price stability emerge. Dogecoin, oddly enough, checks the right boxes in this regard for a lot of people. Even in early 2019, it would appear the Dogecoin price remains rather stable first and foremost. Although there is a 2.1% loss in USD value and a 2.7% loss in BTC value, one DOGE is valued at $0.0023 or 59 Satoshi. That is still a more than respectable level for this altcoin, although it may prove somewhat difficult to turn this ship around in the near future. On social media, there are always a few interesting Dogecoin-related discussions to take note of. It would appear a relatively new site, known as Dogeweather, is currently getting some people excited. It is a very interesting, albeit niche site, but one that can effectively help spread the word about Dogecoin is an interesting manner as well. It is always heartwarming to see new projects themed around Dogecoin launch at opportune times. Wow such weather at https://t.co/3pejWdBI4z #weather #doge #suchweather — Didicet (@Didicet) January 5, 2019 As is usually the case where Dogecoin is concerned, there will be some arbitrage opportunities worth to explore. An interesting price gap between Gate and LiveCoin has become apparent in the past few hours, although it remains to be seen how long this price difference can remain in place. Even so, it is an extra way of making money while being involved in Dogecoin, which is always an option worth exploring. #DOGEBuy at #Gate.io and sell at #LiveCoin. Ratio: 1.14%#bitcoin #arbitrage #arbitraj #arbingtool https://t.co/xiFUPzcOcC — Arbing Tool (@ArbingTool) January 5, 2019 Every day needs a funny Dogecoin meme and the one shared by CryptoSurfer is quite interesting for multiple reasons. Not only does it create a sense of “Dogeception”, but it also shows how everyone should have a little Doge. Given the value of this coin and the ease of which it can be mined, earned, or bought, there is no reason for cryptocurrency enthusiasts to not have at least one Dogecoin. Everyone should have a little #doge pic.twitter.com/pBcwEkD2tF — CryptoSurfer (@_cryptosurfer) January 5, 2019 Under the current market conditions, it would appear the Dogecoin price downtrend might remain in place. It seems doubtful any massive crash will occur in the coming hours and days, although that may primarily depend on what Bitcoin’s price does in the days to come. The loss of the 60 Satoshi level may be somewhat of a downer for Dogecoin traders, but it can easily be recaptured if the trading volume continues to grow a bit. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Dogecoin Price Loses the 60 Satoshi Level Following Minor Dip appeared first on NullTX.

11 days ago

The 800lb Shitcoin: Why Bitcoin SV Market Cap Is Pure Fantasy

Market capitalization is the blockchain equivalent of an online horoscope. It’s total bollocks, but it holds a powerful fascination. And despite repeatedly pointing out the fallacies of the metric, we’re not immune to fixating on it ourselves: every time there’s a drop, we check the charts for the latest flippening. But new data suggests that cryptocurrency market cap may finally be a metric worth noting. It’s not as intuitive as the method used by Coinmarketcap, but neither does it appear to be utter bunk. Here’s the problem with market capitalization, at least when it comes to gauging a currency’s value. When CMC calculates the Bitcoin market cap, they do a straightforward multiplication: latest market price times the total number of existing coins. That means market capitalization is as accurate as exchange prices: in other words, not at all. If you were John McAfee, or a bet-losing Roger Ver, all you’d need to do is market buy a few satoshis for a hundred dollars each on a big exchange - and hey presto! Your currency has a multi-trillion-dollar market cap! And this doesn’t even include the vast number of lost, missing, or simply dormant coins that are not impacting the crypto-economy. The problem is worse for forks: their market capitalization includes all possible coins, even those that have not been claimed. For Bitcoin Cash (BCH) that’s not a huge issue: 9.3 million BCH have been active since Block 478558, when the fork occurred, compared to 9.8 million BTC coins. But it’s a huge distortion for Bitcoin SV, where the capitalization is calculated on the premise that there are 17 million BSV coins just waiting for the right buyer. Actual data calculated through the Blockchair API show that, of the unspent outputs existing on BSV at the time of the fork, only 4.2 million have actually been activated. BCH didn’t fare much better, with 5.4 million coins being spent.* That means that one in five BCH hodlers are too lazy to split their wallets, even for free money, if that free money is coming from Craig Wright. Counting the number of active addresses makes the same point in a different way: Active addresses for BTC (red), BCH (blue) and BSV (orange).Except for two spikes, the number of active BSV wallets range between a quarter to a half of BCH activity, and both were completely dwarfed by BTC. With less than a quarter of possible coins being activated, BSV’s ‘real’ market cap should lie somewhere between Maker and NEO. CoinMetrics Realizes The Problem Luckily, we’re not the only ones who find CMC’s data... incomplete. CoinMetrics, which broke the story of the invisible BTCP Premine, has made a business of accurately measuring blockchain activity, and they’ve invented a new measure for crypto value. The result is “realized capitalization,” a substitute for market capitalization which places more weight on recent transactions than on on older ones. Transactions outputs in this measurement are valued according to the market price of their latest movement. According to CoinMetrics, “Its crux is to value different part of the supplies at different prices, instead of using the daily close as market cap does.” The result looks something like this: This is still an imperfect metric-the weighting system has been slow to catch up with the latest drops, giving BTC an improbably-high capitalization of $80bn. So why is that? The metric gives a historically-weighted capitalization for each Bitcoin transaction based on each coin’s latest movement. For example, Satoshi’s coins are valued at nearly $0, matching the price when when they were mined, but a recent bitcoin movement will be valued at current prices. Realized capitalization does have some distortions from the more traditional metric, but it does inject a measure of actual economic activity into cryptocurrency movements. According to this metric, the squiggle on the right is Bitcoin SV-with a real value somewhere between Doge and Bitcoin Gold, at around $500M - a far cry from CMC’s suggestion that its market cap is $1.5bn. Right now it only works for UTXO ledgers, like Bitcoin, but Coinmetrics says that it can be generalized to other blockchains “with some effort” For account-based currencies like XRP or Stellar, the realized capitalization metric would likely omit long-term escrows and unreleased tokens. As always, caution is in order, especially when dealing with new metrics. Coins on a custodial exchange might change hands several times without changing their blockchain address, and some users might move coins between several wallets without transferring ownership. All the same, the data appear to confirm what most of the crypto world already knew: that BSV is exactly one letter too long. Despite having a nominally high market cap, any serious metric would put Satoshi’s Vison very far outside the top ten. The author is invested in Bitcoin, Bitcoin Cash and Bitcoin SV, which are mentioned in this article. *Special thanks to Blockchair‘s

12 days ago

Dogecoin [DOGE] Declines and Finds Support at Prior Resistance

Dogecoin / USD Daily Chart: Doge Daily Chart - Source: Tradingview.com Dogecoin continues to be one of the few cryptocurrencies which move independently from the market. While the overall market has been recording bullish movements recently, Doge has declined to a previous resistance level. Prior to a spike on the 17th of December which took place across the cryptocurrency market, Doge traded in a range from $0.002 to $0.0023 for the space of around three weeks. Dogecoin met significant support at $0.002 while trading in the range and significant resistance at $0.0023 while trading in the range. The recent decline has brought price action back to test $0.0023 which is now acting as a support level. This is taking place while the rest of the market is recording significant price increases. The underperformance of Doge has resulted in it dropping out of the top 20 cryptocurrencies by market cap. It is currently ranked 23rd. Dogecoin / USD Weekly Chart: Dogecoin Weekly Chart - Source: Tradingview.com The weekly candle for Doge is currently forming a Doji candle. A Doji candle is where the open is around the same point as the close and reflects uncertainty from traders. Traders are likely uncertain of whether price should drop back within the trading range between $0.002 and $0.0023. If overall market conditions turn to bearish, it is highly likely that price will return to this range. If conditions remain bullish, price action stands a much better chance at remaining above the $0.0023 support and rising from this point. Key Takeaways: Doge has been moving independently from the market and has dropped to support at $0.0023 despite the rest of the market recording significant increases in price. Prior to a spike in mid-December, the price of Doge traded in a range from $0.002 to $0.0023 for around three weeks. If market conditions turn bearish from here, there is an increased likelihood that price will reenter the trading range between $0.002 and $0.0023. Doji is forming on the weekly chart which may be reflecting traders uncertainty about whether price should move back within the trading range or rise from this point. Latest Dogecoin News: Dogecoin [DOGE]: Price Is Moving in a Short-Term Downward Channel Dogecoin [DOGE]: Price Hit Support for the Third Time, What Now? DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Dogecoin [DOGE] Declines and Finds Support at Prior Resistance was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

12 days ago

DogePal Releases New Version With More Features for Optimized Dogecoin [DOGE] Payments

DogePal, a decentralized simplified payment system built on the Dogecoin blockchain, has recently added new features to its platform. Customized Invoices and Text Notifications for DogePal Users The updated version of DogePal that was released on December 23 includes some handy perks that optimize DOGE transactions. DogePal users are now able to quickly create customized invoices, and provide buyers with all the necessary details to complete their payments within seconds. DogePal’s invoice toolkit allows vendors to choose between revealing their identity or remaining anonymous, and to optionally add details about the description of the transaction, the amount to be paid in DOGE coins, and the email of the customer. Once the invoice has been created, it becomes permanent and the user can either print it as a hard copy or save it as an image. DogePal invoices provide several payment methods, accessible to everyone, regardless if they are registered users or not. The easiest way for buyers to complete payments is to visit the company website to input the unique 7-digit alphanumeric code DogePal generates for each transaction automatically. Alternatively, they can scan a QR code or follow a DogePal weblink which redirects them to a payment webpage. The Dogecoin blockchain ensures that transactions are processed in as low as 20 seconds and DogePal notifies users about the successful completion of payments via text message notifications. The platform also allows users to create different types of invoices, suitable for their needs. For example, a coffee shop owner could eliminate congestion on the counters during peak hours, by printing out QR codes with fixed prices for each product — this way customers could order and pay for their coffee from their tables instantly, without the need for waiting in queues. Similarly, a freelance worker could create an invoice billing his employer, by adjusting the payment amount in respect to his worked hours. DogePal Brings Blockchain Technology to the Average User By introducing a friendly graphical user interface, DogePal aims to bring distributed ledger technology closer to real life use applications. It enables easy daily micro-payments for the average user, removing all the complexities associated with blockchain transactions. In essence, DogePal has followed the recipe of other payment processors like Paypal, but enables users to preserve their rights for sovereignty over their money, by utilizing all the benefits blockchain technology has to offer. In an interview, last November, its creator Tom Carbon, told [blokt] that maintaining DogePal as decentralized as possible is his main priority. The path towards mainstream adoption is not going to be easy, but the team is ready to embrace and resolve every scaling issue they will face in the years to come. DogePal Releases New Version With More Features for Optimized Dogecoin [DOGE] Payments was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

12 days ago

Dogecoin Price Remains Stable at 60 Satoshi Despite Slightly Bearish Trend

In the cryptocurrency world, there is always a lot of attention where Dogecoin is concerned. This “meme currency of the internet” is incredibly popular, even though its value per coin is pretty low. The current Dogecoin price market trend looks a bit bearish, although no major drops are to be expected. Bearish Dogecoin Price Momentum Becomes Apparent In the world of Bitcoin and altcoins, positive and negative price trends seem to occur intermittently. That is only normal, as these markets are often considered to be volatile first and foremost. After a few positive days in late 2019 and early 2019, it now seems another brief spell of negative momentum is shaping up across the markets. As far as the Dogecoin price is concerned, the negative momentum isn’t necessarily all that bothersome just yet. There is a minor dip in USD value, yet one DOGE is still priced at $0.00238 at this time. The 1.4% deficit in DOGE/BTC is a bit more indicative of what the rest of today may offer. Maintaining a value of 60 Satoshi or higher might prove a bit challenging. On social media, there are some peculiar discussions taking place where Dogecoin is concerned. First of all, there are some minor concerns regarding the Dogecoin-ERC20 token bridge which is under development. Since the project was initially announced, there has been somewhat of a lack of updates. Building such infrastructure takes a lot of time, thus there isn’t necessarily any real reason to panic just yet. It would appear a slightly different kind of Dogecoin-oriented promotion is happening behind the scenes. One user claims he is seeing short Dogecoin ads in Netflix videos these days. This appears to be a clearly doctored video first and foremost, although it would be rather interesting to see the video streaming service hide such ads in their streams. For now, Netflix has not shown any interest in Dogecoin whatsoever, but that situation can always change. legit subliminal ads in netflix via /r/dogecoin https://t.co/oZys8SnGtI hot in #reddit #dogecoin #doge #crypto much wow! — Domain Address Info (@DomainAddress4u) January 3, 2019 The overall market sentiment associated with Dogecoin still remains positive, for the most part. CannaDev is an interesting example in this regard. The Twitter user is patiently waiting for a massive Dogecoin price surge. It is too early to tell if something like this will even materialize in the future, especially now that all markets are subject to a bit of bearish pressure. Keeping the hope alive is crucial during times like these. I’m waiting for #Dogecoin to take off! I keep throwing in, little by little. I have a feeling it will be worth something pretty later! #Crypto #OneLove #StockMarket — CannaDev (@What3ver93) January 3, 2019 Based on the current market conditions, there is no reason to believe Dogecoin’s price will see any massive changes over the coming hours. While there is some bearish pressure to contend with, it seems the value will remain close to 60 Satoshi or $0.0023. Dogecoin has dropped to $24 in the market cap rankings, though, as it was surpassed by USD Coin recently. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Dogecoin Price Remains Stable at 60 Satoshi Despite Slightly Bearish Trend appeared first on NullTX.

12 days ago

Altcoin Arbitrage Today: ETH, LTC, IOTA, TRX, XMR, ZEC

Making money in the world of cryptocurrency is always a challenging process. Considering how these markets tend to fluctuate on a nearly hourly basis, there are many different options to explore. Arbitrage options will always be present, regardless of how the markets are evolving at that time. IOTA (Gate / Binance) It has been a while since the last IOTA arbitrage opportunity presented itself to cryptocurrency traders and speculators. The value per MIOTA is significantly lower on Gate compared to Binance. Exploiting this price difference can lead to a potential profit of up to 4.9% per trade. A very lucrative opportunity, especially when considering the involvement of Binance in this trade. Monero (Bittrex / Bitfinex) Not a day goes by without a Monero-related arbitrage opportunity. That is both a blessing for traders and a potential curse for the currency rolled into one. Buying XMR on Bittrex and selling it on Bitfinex will result in a 3.1% profit per trade. A more than respectable gain, as both platforms should have sufficient liquidity to let traders make some money in the process. ZCash (Bittrex / Bitfinex) Unsurprisingly, it would appear the Monero and ZCash arbitrage opportunities are nearly identical once again. Both currencies offer price differences in a very similar fashion and also involving the exact same exchanges. That in itself is always a bit mysterious, yet it also makes the life of arbitrage traders a lot easier. Another easy 3.25% profit waiting to be pocketed. Dogecoin (HitBTC / Gate / LiveCoin) It is always interesting to see a Dogecoin arbitrage opportunity present itself to the masses. Unlike most other altcoins, Dogecoin hardly has any liquidity issues these days, regardless of which currencies are involved. For today, buying DOGE on either HitBTC or Gate and selling it on Livecoin will effectively result in an average profit of 1.53%. Ethereum (Bittrex/ Koineks / Bitfinex) When it comes to exploring Ethereum price gaps between different trading platforms, there are plenty of options on tap. Those who want to sell ETH on Bitfinex can source liquidity from Bittrex, Koineks, Vebitcoin, Cex, Koinim, Bitstamp, Paribu, or BTCTurk for an average profit of 3.2% The same exchanges can be sued to buy ETH and sell the funds on Cex, albeit that will yield a profit of just 1.75%. Litecoin (Bitfinex / Bitstamp / Koineks) Arbitrage opportunities for Litecoin are virtually identical to those for Ethereum. Selling on either Bitfinex or Cex will be the best option, albeit liquidity can be sourced from nearly any other exchange on the market. Traders exploring these options will earn anywhere from 1.13% to 3.8% in profit per trade. Another rather lucrative trading opportunity for those looking to make a quick buck. Information provided by Arbing Tool Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. Image(s): Shutterstock.com The post Altcoin Arbitrage Today: ETH, LTC, IOTA, TRX, XMR, ZEC appeared first on NullTX.

12 days ago

BitDials Review - The World’s First Bitcoin Boutique For Luxury Watches and Jewelry

One of the first steps required for cryptocurrencies to gain mainstream adoption is for merchants to begin offering their clients the freedom to use these alternative payment methods. BitDials is the world’s first crypto-only luxury boutique where customers can purchase premium designer watches and jewelry with their favorite cryptocurrencies. BitDials as a Hedging Tool for Crypto Investors Launched in 2016, BitDials is the result of an early crypto adopter and an established exclusive watch retailer from Germany. Their goal was to create a marketplace that besides offering a variety of luxury watches from nearly each and every famous manufacturer, it would also function as a “cash out” intermediary. This applies to investors who seek to diversify their portfolio or to protect themselves from high cryptocurrency price fluctuations by investing in luxury jewelry and watches, which are made of precious metals. Alternatively, the company offers investment opportunities to car enthusiasts via a dedicated platform, dubbed BitCars, which operates similarly to BitDials. Customers can find a collection of classic and premium cars that can be purchased with a digital currency. ‘Safety First’ is BitDials’ Highest Priority Although its creators have been in the watch industry since 1999, they find that crypto enthusiasts define a unique customer category with new purchasing habits. They are extremely cautious about their privacy, as they can utilize information better than other customers and demonstrate extensive knowledge about luxury watches. For this reason, BitDials’ primarily focuses on the safety of transactions and the privacy of its customers. It operates as a centralized entity that connects credible suppliers to customers, by a fully transparent system which verifies the authenticity of an item and keeps track of the delivery until it reaches the end user. BitDials was initially launched to operate as an open trading platform. But because cryptocurrency transactions are not supervised by any authority, the project soon had to transform into a closed platform with a narrow selection of trusted merchants. This allowed BitDials to focus on the effective monitoring of transaction security and conduct proper due diligence prior to adding new suppliers to the platform. BitDials acts as an auditor between the buyer and the seller, who oversees the transactions and records all product information, but keeps customer data private. It has developed a structure with which customers can purchase goods in a way that secures private and legally compliant transactions. The BitDials website provides a user-friendly interface, where customers can easily navigate and find the item they’re looking for. In particular, visitors will be able to find a selection of watches, fine jewelry such as rings, earrings, bracelets, necklaces, and diamonds. Product pages contain a description and detailed information about each item’s producer, materials, and condition. BitDials is currently the only full-featured marketplace for luxury watches and jewelry accepting payments in cryptocurrencies. It also allows online marketers to generate income through an affiliate marketing program, a new feature the company implemented to its website recently. BitDials offers a 10% discount code on all new watches and jewelry, until January 10, 2019 (discounted and used products are excluded). BitDials Offers Flexible Payment Terms and Accepts Multiple Cryptocurrencies BitDials is incorporated in Gibraltar, but its main office is located in Frankfurt am Main, Germany, as is its warehouse, where the company keeps stock of a limited number of immediately available products. Buyers can purchase these products and pay on the spot, however, for pre-ordered products they will need to pay in advance. Regarding payment terms, BitDials can be flexible as long as it can find a reliable payout structure with the buyer. It provides them also with the option of down payments, which is dependent on the product and usually ranges between 10%-30%. BitDials’ customers come mostly from the European Union and the USA, but as the company’s reputation expands, it attracts interest from customers in Japan and the UAE. BitDials has a high rate of returning customers which, according to the company’s representatives, is due to the positive customer reviews the company receives in online services like Trustpilot and Chrono24. Both BitDials and BitCars accept payments in BTC, BCH, ETH, XMR, LTC, DOGE and DCR, and all transactions are processed by BitPay and GloBee. BitDials’ Shipping Methods and Presence on Social Media Platforms BitDials offers next-day shipment and delivery time can take up to 2 days within the EU and up to 10 days for countries outside the EU. It ships worldwide fully insured with trusted companies like DHL, FedEx, and TNT, depending on the destination. Buyers can also communicate with BitDials to visit Frankfurt to pick up their goods physically. All produc

a month ago

SALT Adds USDC As Collateral Option

Crypto-backed loan provider SALT has partnered with CENTRE Consortium to accept USDC as collateral. Developed by CENTRE, USD Coin (USDC) is an ERC-20 stablecoin on theEthereum Blockchain, backed by the US Dollar. SALT is a peer-to-peer lending platform that has funded over 70,000 loans worth $50 million. SALT already accepts bitcoin, Litecoin, ethereum, and DOGE as collateral. SALT is priced at $0.246388, gaining 3.10% in the last 24 hours. (VS)

a month ago

Doji Forming for Dogecoin [DOGE] As Bullish Market Conditions Continue

It has been volatile trading for Dogecoin today. Trading has ranged from $0.0025 to above $0.003 so far. The daily candle is currently forming a Doji. A Doji candle is where the open and close are around the same point. This typically shows uncertainty from traders as they are uncertain whether to push the price higher or lower. The recent market conditions have been significantly bullish. This weeks performance is the first time the market has continued to record increases since bearish conditions took over in mid-November. The bullish conditions taking place in the market resulted in Dogecoin breaking above a range it had been trading in for around three weeks. The range was from $0.002 to $0.0023, and Dogecoin remained in the range even with the rest of the market drastically decreasing over the period Doge was in the range. Doge Hourly Chart - Source: TradingView.com The hourly chart would indicate that the surge is losing its steam for Dogecoin. Price action has been forming lower highs, and the RSI has also been forming lower highs indicating that buyer momentum may be dropping off. Dogecoin has had periods where it has moved independently from the market in the past. This makes it possible that Doge could have a significant drop even if the rest of the market continues its recent bullish movements. Key Takeaways: Doge is forming a Doji candle on the daily showing indecision from traders. Today’s trading session has been volatile so far with an intraday low forming around $0.0025 and an intraday high above $0.003. Lower higher forming for hourly price action and the RSI would indicate that Doge could be setting up for a drop. Doji Forming for Dogecoin [DOGE] As Bullish Market Conditions Continue was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

a month ago

Canadian Crypto Exchange Coinsquare Now in 25 European Countries

One of Canada’s largest cryptocurrency exchanges, Coinsquare, has officially launched in 25 European countries. A Coinsquare spokesperson has shared some details with news.Bitcoin.com. Users in Europe now have access to all major services the exchange offers, including all supported cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Coinsquare in 25 Countries in Europe Coinsquare announced on Wednesday that it has simultaneously launched in 25 countries in the European Union. The exchange first unveiled its plans to expand into European crypto markets in August. A spokesperson for Coinsquare told news.Bitcoin.com, “We went live in beta [in 25 European countries] a couple of weeks ago, but officially live as of today,” adding that the 25 countries are: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, [and the] United Kingdom. Founded in 2014, Coinsquare says that it has over 100,000 customers and claims to be “Canada’s most secure digital currency trading platform,” with a “95% cold storage policy on all digital currency.” Services Available Coinsquare’s expansion into Europe “marks the first international expansion for Coinsquare, which to date has only been available to Canadian customers,” the exchange detailed. The CEO of Coinsquare, Cole Diamond, explained that “given the size of the opportunity and our ability to offer something unique to that market,” the company decided on Europe for its first expansion. “Europe is a rapidly-growing cryptocurrency market and the cryptocurrency community there is excited to have an option that puts security, compliance, and risk management at the forefront of its offering.” Thomas Jankowski, Coinsquare’s Chief Digital and Growth Officer, described his exchange as “a regulated, fully-compliant trading platform,” adding that “we’re thrilled to offer the European market the same secure and intuitive interface that we offer to Canadians.” The exchange currently supports the trading of BTC against the U.S. dollar, the Canadian dollar and the euro. In addition, BTC can be traded against BCH (trading as BAB), BSV, ETH, ETC, LTC, XRP, DOGE, and DASH. Other services Coinsquare offers are investment management, APIs for B2B clients, and capital markets for institutional and family office investors. In its Wednesday’s announcement, the Canadian exchange wrote: European users will have access to all major services from Coinsquare including cryptocurrency purchase and trade ... European customers can now fund their Coinsquare accounts with a variety of funding methods. Funding with euros can be done via credit cards, Sepa, and bank transfers. While funding with credit cards carries a 5 percent fee, the other two funding methods carry no fee. What do you think of Coinsquare launching in 25 European countries? Let us know in the comments section below. Images courtesy of Shutterstock and Coinsquare. Need to calculate your bitcoin holdings? Check our tools section. The post Canadian Crypto Exchange Coinsquare Now in 25 European Countries appeared first on Bitcoin News.

a month ago

Dogecoin Price Rally Rages on as $0.0027 Resistance is Broken

In the cryptocurrency world, few projects are as successful as Dogecoin. Although one wouldn’t necessarily expect it, the meme currency of the internet has carved out a formidable path over the years. It is now enjoying the overall bullish momentum catapulting all cryptocurrencies in the green. A very strong trend is in place, which pushes the value per DOGE to $0.0027 again. Dogecoin Price Trend is Only Getting Started Although most people are chasing profits for coins which have already gained 15% or more over the past 24 hours, the one currency most traders might want to keep an eye on is none other than Dogecoin. Although it is not noting double-digit percentile gains whatsoever, it is still doing something that most other currencies would love to do at any given time” maintaining stability and showing some gains without any real problems. Over the past 24 hours, there has been a strong Dogecoin price increase of 7%. That is more than respectable, especially when considering how most other currencies are up by 9% or more. Even so, the 1% loss in BTC value further shows it is incredibly difficult for altcoins to gain on Bitcoin. For now, it is merely about riding the coattails for USD gains, prior to effectively decoupling from BTC. On social media, there is one somewhat major development taking place in the Dogecoin sector. One Reddit user has created a new sub to trade Diablo II in-game items for Dogecoin. An interesting approach to monetizing in-game content, although it remains to be seen how much interest there is in this particular concept. Diablo II is still one of the more popular games in the Diablo franchise. Play Diablo 2? I just started a sub where you can trade items for dogecoin! via /r/dogecoin https://t.co/ewIDpImFam hot in #reddit #dogecoin #doge #crypto much wow! — Domain Address Info (@DomainAddress4u) December 19, 2018 This current Dogecoin price trend has many people excited, which won’t come as much of a surprise. Edwin the Investor, for example, is looking at a Dogecoin price of $0.1 by 2019. A very ambitious goal, first and foremost, as that would require a near 40-fold increase in value. Although it is certainly possible, it may not necessarily be plausible. I will see you at .10 during 2019. $doge $dogecoin #dogecoin #doge #cryptocurrency — Edwin The Investor (@El780717) December 19, 2018 When it comes to Dogecoin, an arbitrage opportunity is never too far away. Today is no different in this regard, as there is some good money to be made by moving funds between several exchanges. Combined with the current uptrend in USD value, these arbitrage gains can make for a very lucrative day first and foremost. Any option to score profits needs to be welcomed with open arms these days. #DOGEBuy at #Koinim and sell at #Sistemkoin. Ratio: 0.81%Buy at #Koinim and sell at #HitBTC. Ratio: 2.18%#bitcoin #arbitrage #arbitraj #arbingtool https://t.co/xiFUPzcOcC — Arbing Tool (@ArbingTool) December 19, 2018 Depending on how one wants to look at things, Dogecoin is either a useless market or an overall market indicator. That in itself is always very interesting to keep in mind, as this market usually shows there is a lot more momentum to the industry than meets the eye at first. As such, the current price of $0.0027 seems more than warranted, albeit it might not necessarily be the top either. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Dogecoin Price Rally Rages on as $0.0027 Resistance is Broken appeared first on NullTX.

a month ago

Vitalik Is Hodling SPANK and Jesus Coin

A cryptocurrency designed for the adult entertainment industry, as well as one purportedly offering global access to Jesus Christ, are among some of the projects held in Ethereum (ETH) creator Vitalik Buterin’s wallet. More than 100 different cryptocurrencies are currently in one of the wallets owned by the 24-year-old Buterin. As well as more than 7,000 ETH - worth approximately $800,000 - the chief architect for the Ethereum platform also owns $24,000 worth of Kyber Network (KNC) tokens; $400,000 in Maker (MKR) and $28,000 in OmiseGo (OMG). But Buterin’s portfolio also includes some slightly more bizarre tokens, albeit at a far smaller scale. Among these are 69 SpankChain (SPANK) tokens (strangely specific number) - worth roughly $0.01. The protocol facilitates online micropayments for viewers watching adult performers, whom they can tip with SPANK tokens. The wallet address shows this was a single transaction just under a year ago, in mid-January. Although he did give away some Ethereum to developers, as noted below, he has not yet blown his SPANK wad - none of the tokens have been used... yet. Buterin also holds a small amount of Jesus Coin (JC), valued at $0.15 at today’s prices. A joke project, similar to how Dogecoin (DOGE) began, it claims to offer users the “unique advantage of providing global access to Jesus” through such initiatives as decentralizing the church and outsourcing the forgiveness of sins. The project, which held an ICO in 2017, managed to peak at $17m at the start of 2018. Vitalik has not yet redeemed his Jesus Coin, but we hope his Jesus Coin will eventually redeem him - and any sins he may accumulate along the way. How do we know it’s Buterin’s wallet? Although some had already managed to link this wallet address to the Ethereum founder, it became publicly known earlier today. In the small hours of this morning, Buterin announced he had sent 1,000 ETH to a project building on the platform. Preston van Loon, one of the co-founders of Prysmatic Labs, which is developing an Ethereum sharding protocol for Ethereum, complained progress was slow because many of the team still needed to be in full-time employment. Buterin tweeted approximately half an hour later to say he had sent the project around $105,000 worth of Ether and included a link to his wallet address on Etherscan. Just sent 1000 eth. Yolo.https://t.co/s1q8K5Wlhs — Vitalik Non-giver of Ether (@VitalikButerin) December 19, 2018 Buterin has never fully disclosed the amount of Ether he holds. In October he said that the maximum amount he ever had was 0.9% of the total supply, which would be around $38m at current prices. The ETH in this wallet forms a small fraction of his total holdings; it’s not known how much is held in other wallets. Mr. Buterin also holds Finally Usable Crypto Karma (FUCK), a social currency. Looking at his wallet address, Crypto Briefing can confidently state that the creator of Ethereum can only give a solitary FUCK. The author is invested in digital assets, including ETH which is mentioned in this article. Join the conversation on Telegram and Twitter! The post Vitalik Is Hodling SPANK and Jesus Coin appeared first on Crypto Briefing.

a month ago

Bullish Week Sends Dogecoin [DOGE] Soaring Above Range

Dogecoin Daily Chart - Source: Tradingview.com This week marks the first significant bullish movements across the cryptocurrency market since extremely bearish conditions hit in mid-November. Prior to this week, Dogecoin had spent approximately three weeks trading in a range from $0.002 to $0.0023. After several tests at both the $0.002 support and $0.0023 resistance, it looked like Dogecoin would continue in the range while market conditions were bearish. The bullish start to the week blasted Dogecoin out of range up to an intraday high above $0.003. Momentum significantly shifted to buyers along with the price rise. The daily MACD and RSI, both measures of momentum, have significantly increased from last week. Doge Hourly Chart - Source: Tradingview.com Since Monday’s spike, Dogecoin entered a range from $0.0025 to $0.00275. Today’s bullish movements have resulted in price rising above this range. With a brief reversal taking place over the past hour, the price dropped back to the range but experienced support at $0.00275. In the near-term outlook, dogecoin looks bullish after forming a series of higher highs and higher lows to break above its range. In the longer-term, the overall market conditions will likely be the biggest factor playing into price performance. Key Takeaways: After trading in a range for approximately three weeks, Doge spiked above the range on Monday and traded briefly above $0.003. After reversing from intraday highs on Monday, Doge traded in a range from $0.0025 to $0.00275 for the past few days. Today’s bullish movements resulted in Doge breaking above the range. It has since begun dropping down but meets support at $0.00275. DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Bullish Week Sends Dogecoin [DOGE] Soaring Above Range was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

a month ago

Video: It Sounds Cute But Dogecoin Is No Joke

In today’s Video Briefing, Kiana leads the awww’s at the cutest cryptocurrency around. Dogecoin might have started as a joke, but it’s leading the way as the most positive and friendly crypto community. Bull market or bear, nothing can bring down the Shibe’s spirits. Why is the Doge tail always wagging? Kiana takes a look at some of the features that make Doge a great medium for selfless giving, fostering a spirit of generosity in the canine community. Next, Kiana takes a look at DOGE’s activity in the market, which is getting even more excitable now that the rest of the pack has come out to play. If history is any indication, there could be some nice treats under the tree for Dogecoin hodlers -depending on how the coming weeks pan out, of course. The post Video: It Sounds Cute But Dogecoin Is No Joke appeared first on Crypto Briefing.

a month ago

Dogecoin (DOGE) Ranks Third in Terms of Active Daily Addresses

Dogecoin (DOGE), the blockchain project that was originally created as a joke based on the Doge meme, has transformed into one of the most actively-used blockchain platforms with only Bitcoin and Ethereum having more daily active addresses. For comparative purposes, Bitcoin currently has 536,738 active addresses and Ethereum has 235,004 while Dogecoin has 72,955. Researchers also note that the current Dogecoin active address count is higher than its December 2017 average, showing that its popularity has no intention of dying down. (JF)

a month ago

EOS Block Producers Are in Risk of Bankruptcy Despite The Recent 25% Price Gain

TL;DR Cryptocurrency market records notable increase overnight, gaining more than $5 billion in less than 24 hours. EOS is the top performing altcoin from the top 20, gaining over 25% to its value at the time of writing. Despite the gains, a recent survey shows that any EOS price below $2.50 might put Block Producers in risk of bankruptcy In a significant sign of relief, the cryptocurrency market has nicely gained $5 billion in the last 24 hours. At the time of writing this, all top 20 cryptocurrencies are trading positively except for Bitcoin SV which marks a slight 1% decrease. EOS Skyrockets 25% In 24 Hours EOS is the winner from yesterday’s relief rally, gaining almost 17 percent in the last 24 hours alone. After reaching almost $2.80, EOS is currently trading around $2.50. EOS surpassed Stellar (XLM) as the fourth largest cryptocurrency by market capitalization. DOGE and Ripple (XRP) are the other top 20 digital currencies which marked 15.6 and 10 percent gains accordingly. EOS USD. Source: TradingView Despite the recent price appreciation, however, EOS is nowhere near its all-time high (ATH) values of April when it peaked at slightly over $21 per coin. At the same time, the cryptocurrency is valued at a market cap slightly over $2 billion, which is two times less than the money EOS raised during its promising year-long ICO. Growing Fears Among Block Producers The continuously decreasing prices, however, might take their toll on the significant EOS Block Producers (BPs). Being governed by a Delegated Proof of Stake consensus algorithm, EOS’ network relies heavily on pre-selected BPs to produce blocks and to keep the network in operation. As it turns out, though, these entities have hard times doing so as the depreciating prices might even put them in risk of bankruptcy. According to a recent survey carried out among block producers from different tiers, it has been revealed that the producers are nowhere near their break-even cost for them to operate properly. The study outlines that the “average breakeven price-point was $4.14.” Even with the recent gains, EOS is still more than 80 percent below that price. What is worse, though, is that the survey also reveals that in case of an average price of $2.50 or below, over half of the respondents would purportedly have to declare bankruptcy. In all fairness, it’s not clear what the exact bankruptcy price is, only that it has to be below $2.50. In any case, though, with prices being as low as they are, this surely does cast thick shadows over the current state of EOS’ network. The post EOS Block Producers Are in Risk of Bankruptcy Despite The Recent 25% Price Gain appeared first on CryptoPotato.

a month ago

Crypto Market Update Dec.18: One Year Passed Since Bitcoin’s ATH. Following The Correction, What’s Next?

Exactly a year ago Bitcoin set a new record and crossed the $19,000 mark. However, the crypto market is unstable, and uncertainty regarding the correction is still present. Nevertheless, it is impossible to ignore the green wave of the last 24 hours as most of the market begins to climb back. Bitcoin is up 5%, and EOS is up around 30% and ranks fourth among the cryptocurrencies with a market cap of $2.1 billion, just after Ethereum, as it is being signaled as an alternative platform for smart contracts. However, it should be remembered that this may be a bull trap and another wave of falls may be waiting around the corner. It is also important to note that recently the trading volume has not risen sharply and has remained quite stable. The large fluctuations indicate that fear has affected the market in recent falls and has hurt demand. As soon as the demand returned some investors woke up, and the rate started to rise again. However, it is important to remember that the market is not yet sufficiently efficient and its overall value is affected by large players that can manipulate the price and it will take time until this reality changes. Another interesting observation is the trend that while Wall Street signals falls, the crypto market is waking up. This is a recurring phenomenon, but it is not certain whether this is a causal relationship and it is possible that this is just a speculation. Another thing to look at is the CME contracts. In fact, shortly after the start of futures trading, the bear market started in Bitcoin. The last contracts from July will end on December 28, and it will be interesting to see what the position will be this time. The dominance is 54.4% for Bitcoin, and the total market cap is $112 billion. Crypto News & Headlines CFTC Seeks Public Comments on Ethereum and Crypto-asset Mechanics. The Commodity Futures Trading Commission (CFTC) published a call for public comments and feedback that will allow it to understand the Ether token and its use in the Ethereum network. $133M Funded Project Shuts Down With No Warning. Sources revealed that a promising stablecoin project, which raised $133m last year, will go off the radar because of a rumored conflict with regulatory requirements. New Fake Trading Volume Research Casts Positive Light on Bitfinex and Binance. Newly published research on the real trading volume of 25 exchanges reveals that Binance and Bitfinex are not among those employing fraudulent tactics to boost their popularity. Bitcoin-Powered Stock Trading: A New Use Case for BTC? How do you like the sound of trading traditional stocks with profits and losses fully paid in BTC? A newly launched platform called WCX is making this possible. Swiss Bitcoin Etp Sees Record Volume As Institutional Investors Buy The Dip. A Bitcoin Exchange Traded product which was launched in November on the Six Swiss Stock Exchange has continued to grow despite the bear market, leading to suggestions that institutions are buying Bitcoin at a low. New US Chief of Staff: Bitcoin is Good, ‘Not Manipulable by Any Government’. President Donald Trump has appointed a pro-bitcoin politician Mick Mulvaney as Chief of Staff who said that the cryptocurrency could not be manipulated. U.K. Cryptocurrency Exchange Cubits Shuts Down After $33M Scam The London-based digital asset exchange has disallowed deposits and withdrawals of funds on their platform following a $33M fraudulent activity on the exchange in January. Chart Analysis This week we have chart analysis of Bitcoin, Ethereum, Bitcoin Cash and Doge - Read more here. The post Crypto Market Update Dec.18: One Year Passed Since Bitcoin’s ATH. Following The Correction, What’s Next? appeared first on CryptoPotato.

a month ago

Dogecoin [DOGE] Exits Trading Range With 19% Surge

Doge Daily Chart - Source: Tradingview.com Dogecoin is the top performer in the top 20 cryptocurrencies by market cap over the past 24 hours with an over 19% surge. Doge broke above a prolonged range yesterday that it had been forming between $0.002 and $0.0023. The price is currently trading around $0.0026 after forming an intraday high above $0.0031 yesterday. Today’s daily candle is forming a Doji so far. A Doji candle is a candle where the open and close around the same point and typically reflects uncertainty from the side of traders. Traders may be unsure whether the surge over the past 24 hours can continue or whether a retracement is going to take place. Momentum is currently with the buyers as both the RSI and MACD increase. The daily MACD is approaching its centerline to the upside, a strong bullish signal which shows potential for another surge to take place. Bitcoin Hourly Chart - Source: Tradingview.com The hourly chart illustrates the surge in further detail. Price violently swung in the opposite direction after forming the intraday high yesterday. Dogecoin has since begun to form a new potential range from $0.0025 to $0.00275. With the market currently experiencing bullish conditions and the momentum being on the side of buyers in Doge, it seems more likely that Dogecoin will continue its increase in the near term. Key Takeaways: Dogecoin broke above a prolonged range between $0.002 and $0.0023 yesterday with a surge that recorded an intraday high above $0.0031. Price violently swung in the opposite direction after forming its high. Today’s candle is forming a Doji as traders assess the break above the range and whether it is likely to continue. Price may be after entering a new range between $0.0025 to $0.00275. DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Dogecoin [DOGE] Exits Trading Range With 19% Surge was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

a month ago

Weekly Price Analysis Overview Dec.18: Bitcoin, Ethereum, Bitcoin Cash and DOGE

Bitcoin This week we saw the low of 2018, and in the Bitstamp exchange, we touched $3,122. While most of the market is waiting for confirmation of support around $3,000, on the technical level an unexpected jump brought us almost to resistance levels around $3,600. From there the following resistance is around $4,000. Traded around $3560. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'lQhDCv0E'; new TradingView.chart(tradingview_embed_options); Ethereum Against the USD approval of the support around $82 that came in, and from there back up to $96, not far from the resistance of around $100. Was trading around $95 under the influence of Bitcoin’s rise? Most of the market was positively affected by trading against the dollar. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'LPG45rZm'; new TradingView.chart(tradingview_embed_options); Against Bitcoin, we see a V floor. We touched on the support around 0.025BTC with a downside bias in the Poloniex exchange up to 0.023BTC in 4 hours trading. Not many caught it, but those who left an order did. Traded around 0.026BTC resistance at 0.028BTC in this range. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'S93zMC6X'; new TradingView.chart(tradingview_embed_options); Bitcoin Cash ABC Against the dollar, the downward trend continues this week to reach $73, where the support is. Trading at around $89 with a trading volume that can be noticed on the chart after finding resistance to $100 in the short term. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = '1NyavbqW'; new TradingView.chart(tradingview_embed_options); Against Bitcoin, we saw that the rate touched 0.023BTC last week, and was trading not far around 0.025BTC resistance in this range around 0.026BTC. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'wiNe9AFS'; new TradingView.chart(tradingview_embed_options); BSV Against the dollar, the support that turned into resistance around $80 did not hold, and the price dropped to $62, from where it traded back around $78. Support is being built around $70 in this range. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'ToH67TBj'; new TradingView.chart(tradingview_embed_options); Against Bitcoin a decline to 0.02BTC where the support in this range. An attempt to return up and found resistance at 0.025BTC. Traded at around 0.021BTC. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = '3s0ShAcF'; new TradingView.chart(tradingview_embed_options); Doge Coin Against Bitcoin traded around the 72SAT and climbed up the weekly chart. Despite the bear market and the fluctuations 40% raises are trying to break a possible ATH in the crypto market. Of course, at a 50-50 risk, it is hard to ignore the cyclical nature of this cryptocurrency that started as a joke (this should not be seen as a trade recommendation). var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = '3KArzAIw'; new TradingView.chart(tradingview_embed_options); Cryptocurrency charts by TradingView. The post Weekly Price Analysis Overview Dec.18: Bitcoin, Ethereum, Bitcoin Cash and DOGE appeared first on CryptoPotato.

a month ago

Dogecoin Price Hits Highest Value Since Mid-November

The hourly charts for most cryptocurrencies start to show signs of weakness, which might signal some incoming bearish momentum. Although no real damage has been done so far, some of the early morning gains have been wiped out in the process. For Dogecoin, these small setbacks will not result in any real changes, primarily there is still a solid uptrend in place right now. Dogecoin Price Rally has been Spectacular After going through multiple weeks of stability, the Dogecoin price finally started showing very bullish momentum earlier this week. A very strong uptrend has been noted in the past few hours, despite some setbacks on the hourly charts. Although it seems unlikely the value will remain near the $0.0025 level for much longer, it is still a vast improvement compared to just a few days ago. Slow and steady will often win races. Over the past 24 hours, there has been another strong 16% increase in Dogecoin’s value. This has pushed the price to $0.002479, although there may be a dip to $0.0023 in the coming hours. There is also a 9.6% increase in Bitcoin value, which further seems to indicate the uptrend might remain in place in that department. It is also the first time in a while one DOGE is valued at 70 Satoshi or more. On social media, there are some interesting developments to take into account. Dogecoin has, according to some recent statistics, seen a healthy increase in the number of total users over the past 12 months. There have been some dips along the way, but overall, things are looking pretty good where active addresses are concerned. This further confirms the meme currency of the internet is still in a very good place right now. Dogecoin has more users today than December 2017 via /r/dogecoin https://t.co/IiQmcVdO9o hot in #reddit #dogecoin #doge #crypto much wow! — Domain Address Info (@DomainAddress4u) December 18, 2018 For some unknown reason, the overall demand to get Dogecoin listed on the top 10 cryptocurrency exchanges continues to fall on deaf ears. Considering how Dogecoin transacts the third-most value over its network of all currencies, one would expect more companies to pay attention. For the time being, such an elusive listing remains out of reach, although it does create some interesting debates regardless. Still waiting for Binance, Coinbase and other top ten cryptocurrency exchanges to trade one of the most popular cryptocurrencies, #Dogecoin. pic.twitter.com/Ygvwlfh2Z6 — mj (@silkmarketindex) December 18, 2018 Not a day goes by without a good Dogecoin meme showing up on social media. The current Dogecoin price chart has taken on a very different meaning when looking at the chart below. Illustrations can often make things look a bit more bearable, albeit one has to commend the person responsible for creating this chart for getting rather creative while doing so. @DogecoinMemes $DOGE #doge #dogecoin pic.twitter.com/uIc4ITsJsr — PJ Morin (@pjmorin20) December 18, 2018 Based on the current market circumstances, a small Dogecoin price retrace seems to be in order. Major uptrends usually can’t be sustained for more than a few hours and the hourly charts don’t look that impressive right now. Even so, it is very likely one DOGE will be valued at 70 Satoshi for the remainder of the day, whereas the DOGE/USD ratio may undergo some changes moving forward. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Dogecoin Price Hits Highest Value Since Mid-November appeared first on NullTX.

a month ago

Crypto Market Turns Green: EOS, Cardano (ADA), Stellar (XLM), Dogecoin Price Analysis

Key Points The total crypto market cap bounced back and moved above the $110.00B resistance zone. EOS price rallied more than 30% and climbed above the $2.50 resistance. Cardano (ADA) price moved above the $0.0300 and $0.0320 resistance levels. Setllar (XLM) gained more than 15% and traded above $0.1100. Dogecoin price rallied more than 20% and climbed above $0.0025. The total crypto market cap surged higher above $110.00B. Bitcoin, Ethereum, ripple and altcoins like EOS, Cardano (ADA), Stellar (XLM) and Dogecoin rallied sharply. EOS Price Analysis After struggling a lot below the $2.00 resistance, EOS price finally formed a support base for a solid rally. The price gained pace above the $2.00 resistance and broke the $2.20 and $2.50 resistance levels. It is currently up more than 30% and it seems like there could be more gains towards $3.00. On the downside, the $2.40 level may act as a short term support if there is a bearish correction. Below $2.40, the next key support is near the $2.20 level. Cardano (ADA), Stellar (XLM), Dogecoin Price Analysis Cardano price finally settled above the $0.0300 resistance level. ADA price gained more than 15% and traded above the $0.0320 resistance. The next stop for buyers could be near the $0.0350 level. Stellar price formed a solid support above the $0.1000 level and rallied above the $0.1050 and $0.1100 resistance levels. On the upside, the next major resistance for buyers could be $0.1150 or $0.1200. Dogecoin formed a solid support near the $0.0020 level and later started an upward move. DOGE price rallied more than 20% recently and traded close to the $0.0027 level. It may correct lower in the short term, but dips remain supported near $0.00240 and $0.00220. Looking at the total cryptocurrency market cap hourly chart, there was a solid upward move above the $105.00B and $110.00B resistance levels. More importantly, there was a break above a crucial bearish trend line at $100.00B on the same chart. The market cap touched the $114.25B level and it seems like there could be more upsides. Therefore, there are chances of more upsides in Bitcoin, Ethereum, EOS, litecoin, ripple, XLM and other altcoins in the near future. The post Crypto Market Turns Green: EOS, Cardano (ADA), Stellar (XLM), Dogecoin Price Analysis appeared first on NewsBTC.

a month ago

Bitcoin Surges 10% To $3,550, Yet Calvin Ayre Expects BTC To Fall To $0

Bitcoin (BTC) Booms, Crypto Market Cap Nears $115 Million On the first anniversary of Bitcoin (BTC) hitting $20,000 (for the first time?), the crypto market as a whole has posted a stellar performance, which comes after weeks of dismal price action and lower lows. At the time of writing, as per data compiled by Live Coin Watch, the collective valuation of all cryptocurrencies in circulation is currently $115.57 billion, a $12 billion increase since Ethereum World News’ previous market update published on Sunday. This strong move, which has put BTC above $3,500, a supposed level of resistance, put altcoins into an isolated bull run, causing Bitcoin market dominance to fall to 53.98%, from 54.92% yesterday. Interestingly, while there were no explicit catalysts to back this apparent reversal, volumes remained strong. 24-hour volumes currently amount to $8.81 billion (adjusted), a far cry from the $5.5 billion posted on Sunday. As is a common sight in 2018’s market tumult, today’s move seemingly came straight out of left field. BTC began Monday in the $3,200 range, barely up from the day prior. But after a multi-hour lull, BTC began to pop, moving from $3,220 to $3,380 in an hour’s time. Some traders have speculated that Wall Street and other bigwig buyers are looking to secure BTC holdings before the holiday season and 2019. After hitting $3,380, BTC began to slowly scale upwards, moving to $3,420 by noon (PST). In a run-off of the earlier spike, the prominent asset experienced another $120+ candle to the upside, quickly reaching a daily high of $3,540. Since the two strong wicks upwards, BTC is up 9% in the past day. The asset is currently valued at $3,494 on Coinbase ($3,550 global average). As alluded to earlier, altcoins followed suit in this recent market recovery. Yet, a number of altcoins actually performed the unquestioned market leader. XRP, for instance, posted a gain of 14.3%, recovering well above the $0.32 price level. Ethereum (ETH) mirrored BTC’s performance, moving up 10.35% in the past 24 hours. For the most part, the performance of altcoins was somewhere between that of XRP and ETH. Yet, there were some outliers. EOS has found itself up by 25%, moving past Stellar’s XLM (up 12.5%) and Tether (USDT) in terms of market capitalization. Dogecoin (DOGE), now the 20th most capitalized crypto asset, also relished in the brief spurt of sunlight, moving upwards by 18% within a few hour’s time. BSV Advocate Calvin Ayre Convinced BTC Will Fall To $0 Although BTC is undoubtedly on the rise today, indicating that it’s far from dead, some are convinced that the decade-old digital asset is breathing its last breaths. In an interview with British tabloid Express U.K., Calvin Ayre, the zealous Canadian crypto entrepreneur backing Bitcoin SV (BSV), claimed that BTC will become worthless in 2019. Speaking with the outlet, Ayre, who heads CoinGeek, noted that his bearish prediction for crypto’s flagship asset is due to its lack of utility, specifically calling out the project’s hesitance to scale on-chain. Some are convinced that this argument is flawed, however, as monumental progress has been made on second-layer solutions, like the Lightning Network and Liquid. Yet, Ayre was convinced that BTC was slated to disintegrate in due time, noting that the “original Bitcoin’s” use of SegWit is only going hand-in-hand with “old-fashioned financial trends.” While bashing BTC, the industry insider made it clear that he still supports BSV, which has faltered post-hard fork. Title Image Courtesy of Andre Francois Via Unsplash The post Bitcoin Surges 10% To $3,550, Yet Calvin Ayre Expects BTC To Fall To $0 appeared first on Ethereum World News.

a month ago

What Is Reddcoin? Introduction to RDD Token

What Is Reddcoin? Reddcoin is a decentralized, blockchain-based cryptocurrency used to tip or send payments for social content. Unlike competitor Steem (and legacy platforms like Snapcash), the Reddcoin API supports all social platforms, from Reddit to Twitter and Twitch. RDD, the native cryptocurrency coin of Reddcoin, is mined by the ReddID wallet through a Proof-of-Stake-Velocity, which increases your odds of mining a valid block through your RDD balance. Social media is a big business - according to Pew Research, over 68 percent of American adults use Facebook alone. In fact, the social giant has over 2.27 billion monthly active users as of September 30, 2018. The rise of social media led to a rise in influencer marketing, with major social influencers generating millions of dollars in revenue. Now everybody wants to be a social media influencer, and with brands pushing toward microinfluencers, socialcoins like RDD, SBD, and STEEM are well-positioned to bridge the gap. Everyone should get paid for making social platforms like Facebook popular, not just C-suite executives like Zuckerberg. The idea of tipping content creators already created a rift that let social funding platforms like Patreon to create a new lane and flourish. If there’s money to be made in this lane, it’s going to be found, and Reddcoin isn’t the only one looking. Even Dogecoin is popularly used for tipping online. Will social currency and Internet tipping become widespread enough to sustain an entire market? Let’s begin answering that question with a breakdown of the RDD cryptocurrency and its market performance so far. RDD Cryptocurrency Summary As of December 17th, 2018, the circulating supply of Reddcoin is 28,808,713,174 RDD, with no total supply cap (the original hard cap of 109,000,000,000 was removed during the transition to PoSV). The peak price so far of RDD was $0.028770 on January 7, 2018. The Reddcoin public ICO token sale ended January 20, 2014 and raised over $100,000 worth of BTC in anticipation of the platform’s February 2, 2014 release. Over 5.45 billion REDD was minted in this initial batch. RDD was initially mined through PoW like BTC, but it was transitioned to PoSV mining in August 2014. The total supply of RDD increases approximately five percent on an annual basis. PoSV still requires processing algorithms, but because RDD balances increase success probability, PCs, tablets, laptops, and smartphones can compete with ASIC mining rigs. Reddcoin critics argue it can’t sustain value because of its divisibility and uncapped supply. Supporters argue a price over $0.01 already makes it difficult to support microtransactions online. Spending a penny is more emotional than spending one tenth of a penny, and on ad platforms used by most websites, approximately $0.01 is paid out for every 1000 views. This puts a hefty limit on social media, as nearly 80 percent of Facebook users (and 100% of real people) have 500 or fewer friends. Over $200,000 worth of RDD is traded on a daily basis. Cryptocurrency exchanges that support RDD include Bittrex, Upbit, Litebit.eu, and Cryptopia. Reddcoin trading pairs include BTC, DOGE, and fiat currencies like EUR. The official Reddcoin cryptocurrency wallet is available for desktop platforms and mines RDD. Also, ReddID runs as a browser extension that lets you easily tip people on any website or forum you visit within the browser. Think of it as a phonebook for Reddcoin addresses and usernames so you can locate wallet addresses for the creators you’re viewing. Other third-party wallets have been created, including Reddcoin-Qt and reddcoind, however only ReddID has been confirmed for staking and earning RDD interest. Socializing With Online Networks When cryptocurrency started gaining mainstream attention in 2011, journalists, influencers, bloggers, podcasters, YouTubers, and other content creators started posting their public keys online. Over the past decade, we all just kinda got used to seeing them on social media profiles and author bios. Meanwhile in 2015, Facebook joined the ranks of messaging platforms to allow friend-to-friend payments. Microtransactions and social payments seem like the wave of the future, and several cryptocurrencies, like DOGE, have risen through the ranks as generally acceptable forms of payments to tip people online. This forced platforms to push for proprietary currencies to tokenize transactions on their platforms, whether blockchain-based or not. Amazon-owned video game streaming service Twitch, for example, created its proprietary Bits currency in late 2017 it quickly integrated the service with PayPal for convenience. Twitch has over 140 million monthly active users watching over 2.2 million monthly livestreams. Amazon spent $970 million to buy the company in 2014, and its top 10 streamers earn over $23 million a year in combined revenue. But earning a living on these platforms isn’t as easy as it looks - top earners have professional teams helping with

a month ago

DOGE/USD Uptrend Shows Dogecoin Remains Bullish

As is usually the case when the weekend transitions into a new week, there is a bit of bearish market pressure to contend with. Even Dogecoin, a currency renowned for its stability first and foremost, is suffering from a minor loss in the Bitcoin department. Its USD value remains rather stable at $0.0022, for the time being. Dogecoin is a Good Doge When it comes to looking at the different cryptocurrencies on the market today, there is plenty of volatility to be discovered. That is the true nature of these volatile assets, but it seems the year 2018 has put a different spin on this aspect altogether. For Dogecoin, the year 2018 hasn’t been all too promising either, although the altcoin still excels in terms of price stability and maintaining its overall market cap through Q3 2018. Over the past 24 hours, however, it seems there is some interesting market pressure to be noted. The DOGE/USD ratio remains in the green following another 2.3% gain. As such, its price level of $0.002173 can be maintained, albeit a small correction might materialize soon. The DOGE/BTC ratio has suffered a 1% net loss, but that is not necessarily a bad thing either. This small loss can easily be overcome with a bit more trading volume. On social media, there are always multiple Dogecoin-related discussions to keep an eye on. It would appear user Kramavich has successfully resolved a lingering issue regarding his Dogecoin balance being stuck for quite some time. Although an 11-month waiting period is never acceptable, it is better to see these matters resolved in the end rather than not at all. Cryptonator will also resume its Dogecoin services in the coming hours, by the look of things. Wow i still cant believe it,but my #dogecoin has arrived in my wallet today,since January,,better late than never,just to stay positive,, but geee 11 months is a long wait — Kramavich (@JustinMcConachy) December 17, 2018 When it comes to exploring the Dogecoin price across multiple trading platforms, it usually becomes apparent there will be some gaps to explore. As such, there will be some interesting arbitrage opportunities to explore in this regard. Moving funds between Koineks, Gate, or Livecoin can easily yield a 1% profit. A very interesting opportunity to explore, especially with the DOGE/BTC ratio fluctuating a bit. #DOGEBuy at #Koineks and sell at #Gate.io. Ratio: 1.05%Buy at #Koineks and sell at #LiveCoin. Ratio: 1.17%#bitcoin #arbitrage #arbitraj #arbingtool https://t.co/xiFUPzcOcC — Arbing Tool (@ArbingTool) December 17, 2018 When the discussion turns to Dogecoin,a good meme will usually pop up out of nowhere. Dogecoin Memes has been a rather fantastic Twitter account in that regard, as there are plenty of images and GIFs to enjoy. This latest meme shows the Dogecoin NASCAR car, which made a few headlines several years ago. It is another example of how the Dogecoin community made good things happen in the past and may continue to do so moving forward. #Dogecoin #memes #crypto #cryptocurrency #doge #tothemoon #wow #moonsoon #dogecoinmoon #thatishot #realhot #youtuberewind #willsmith pic.twitter.com/zcYAVhoKOB — Dogecoin Memes (@DogecoinMemes) December 17, 2018 Although the Dogecoin trading volume doesn’t look all that impressive right now, there is still some positive momentum to go around. As such, there may be a further uptrend in the DOGE/USD ratio, albeit the DOGE/BTC ratio may slowly drift to the 60 Satoshi level once again. There is some interesting momentum regardless, depending on how people want to look at the current situation. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post DOGE/USD Uptrend Shows Dogecoin Remains Bullish appeared first on NullTX.

a month ago

Crypto Arbitrage Today: XMR, ZEC, Dash, TRX, EOS, DOGE

When it comes to exploring arbitrage opportunities after the weekend, a few interesting scenarios can play out. Either the price gaps become even more apparent, or the prices stabilize between different platforms. In the case of the following six trading opportunities, some good money can be made, although the price differences may not remain in place for much longer. Monero (Bittrex / Kraken / HitBTC) Until further notice, it seems as if HitBTC has become the new EXMO or Livecoin in terms of relying on that platform for arbitrage opportunities. For those looking to explore some Monero-related options, prices on Bittrex and Kraken are lower compared to HitBTC. That allows for a potential profit of up to 3.4%, although the average is closer to 2.5%. A very interesting opportunity, assuming there is sufficient liquidity to take advantage of. ZCash (Bittrex / HitBTC) It is not uncommon for ZCash arbitrage opportunities to look very similar to price differences for Monero. In today’s edition, it has become more than apparent there is a price gap between Bittrex and HitBTC where ZEC is concerned. Moving funds between platforms can yield users a 1.76% profit in the process, which is a more than respectable profit on a Monday morning. Tron (Koineks / Binance / HitBTC) There are a few interesting price gaps to exploit where TRX is concerned right now. Although all opportunities involve sending money to HitBTC for liquidation, one can source TRX from either Koineks, Binance, or KuCoin. As such, users exploring this opportunity can pocket a profit of up to 2.09%. A modest opportunity, although one that gives users something else to explore as well. Dash (Vebitcoin / Kraken / HitBTC) A day with arbitrage opportunities for both Monero and ZCash usually offers very similar options where Dash is concerned. Today is no different in this regard, as one can buy Dash on Vebitcoin, Bittrex, or Kraken to sell it on HitBTC later on. When doing so, selling the funds can yield a profit of 1.9% on average, with the Kraken/HitBTC option offering up to 3.3% in profit. Dogecoin (Koineks / Koinim / Gate) A few interesting Dogecoin price flipping opportunities present themselves when using either Koineks or Koinim as a base exchange. Doing so allows users to sell DOGE for profits on either Gate, Livecoin, or HitBTC. The average profit is close to just 1%, although the Koinim/HitBTC option rewards up to 3.7% in the process. EOS (Paribu / Binance / HitBTC) Another day dawns upon the cryptocurrency and EOS is subject to arbitrage trading once again. This has become somewhat of an ongoing trend lately, which is not necessarily a bad thing. Buying EOS on Paribu, Binance, or KuCoin and selling it on HitBTC will yield an average profit of 1.8%. That is another respectable option to explore, primarily because EOS is a pretty liquid market first and foremost. That alone makes this opportunity worth exploring. Information provided by Arbing Tool. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Crypto Arbitrage Today: XMR, ZEC, Dash, TRX, EOS, DOGE appeared first on NullTX.

a month ago

Dogecoin Returns to the Crypto Market Cap top 20

It has been a rather interesting Sunday for most cryptocurrencies and digital assets so far. Although there is still a fair amount of bearish momentum to contend with at this time, there are some positive trends to be noted as well. In the case of Dogecoin, for example, there has been a solid uptrend as the altcoin enters the market cap top 20 once again. Dogecoin Price Momentum is Brewing When looking at most of the cryptocurrencies, there is no real sustainable momentum in place right now. All top markets have shown some positive momentum at first, although the hourly charts are looking pretty bleak right now. One notable exception in this regard is Dogecoin, as the meme currency of the internet continues to do its own thing first and foremost. Over the past 24 hours, there has been a notable increase in the Dogecoin value. This is primarily because of a 2.4$ increase in the US Dollar value, which elevates the price per DOGE to $0.0021 again. There is also a minor increase in the DOGE/BTC ratio right now, although that 0.3% difference might not get too many people excited at this time. There are plenty of people who make good money when it comes to Dogecoin. Bobcat Crypto, one of the many Twitter accounts seemingly specializing in trading signals, has made a healthy profit by trading DOGE on the Poloniex trading platform. That is a pretty interesting development, albeit it has been a good week for this altcoin in the DOGE/BTC department. BUY trade (ID #13662) for $DOGE (Dogecoin) opened on 12/3/2018 8:37 PM has been closed at a PROFIT of 20%. Trade opened on Poloniex (https://t.co/ljKjqeIKTp) at BTC 0.00000055. Trade closed at BTC 0.00000066.#DOGE #Crypto #Cryptocurrency #Poloniex #Dogecoin — Bobcat Crypto (@BobcatCrypto) December 16, 2018 One interesting thread has surfaced on Reddit. It is not uncommon for people to lose access to specific cryptocurrency wallets over time. In fact, this happens a lot more often than most people would be comfortable with. One Dogecoin user relocated a wallet with a 350 DOGE balance. It doesn’t amount to much money, but the moral victory of finding such a wallet after deeming it lost forever is quite enjoyable. I just found 350 Đ from 2015 and I'm insanely happy! via /r/dogecoin https://t.co/78gPreURJn hot in #reddit #dogecoin #doge #crypto much wow! — Domain Address Info (@DomainAddress4u) December 16, 2018 When it comes to envisioning the future for Bitcoin and other cryptocurrencies, it will be interesting to see what the future will hold exactly. Laird Pennies di Stabile is confident holding is still the right approach first and foremost. As such, one has to wonder how things will move ahead in 2019, as things are not looking all that great right now. HODL for integrity first, greed second. Benefit of the doubt I'm thinking most of us have much integrity. Another reason I know that cryptocurrency will be great for the World. #Dogecoin #btc #DOGE — Laird Pennies di Stabile (@much_gio) December 16, 2018 All things considered, it seems the current Dogecoin price trend remains rather solid. Now that the meme currency is back in the cryptocurrency market cap top 20, a lot of interesting things could happen accordingly. Even so, no one knows for sure if this trend will remain in place for more than a few hours, After all, the bearish pressure has not officially relented, but things are bound to head in the opposite direction sooner or later. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Dogecoin Returns to the Crypto Market Cap top 20 appeared first on NullTX.

a month ago

Crypto Arbitrage Today: BTC, XLM, EOS, DOGE, TRX, ZEC

When it comes to cryptocurrency trading over the weekend, interesting opportunities seem to arise when people least expect it. Throughout today, traders and speculators can explore a few different arbitrage options to recoup some of their portfolio losses sustained earlier this week. Whether or not there is good money to be made, will primarily depend on users’ timing first and foremost. Bitcoin (KuCoin / Bitexen . HitBTC) No one will be surprised to learn selling Bitcoin HitBTC will be a very lucrative venture to explore. The prices on KuCoin, Bitexen, Bittrex, Binance, Sistemkoin, Kraken Koineks, and CEX are all lower compared to this exchange. Flipping BTC between exchanges will yield an average profit of 2% or slightly more. A very welcome opportunity, even under the current market conditions. Stellar Lumens (Binance / Vebitcoin / HitBTC) As has been the case throughout most of the week, there are a few interesting opportunities to flip XLM between exchanges for profits. The XLM price on KuCoin, Bitexen, BtcTurk, Vebitcoin, Binance and Kraken is all lower than HitBTC. Exploring this gap can yield profits up to 2.7%, with the average gain sitting closer to 2.1%. Dogecoin (Koineks / HitBTC) There has been an ongoing price discrepancy for Dogecoin between Koineks and HitBTC for quite some time now, It seems a direct arbitrage opportunity pops up every other day, which makes it a lucrative option to explore. Moving funds between these two trading platforms can net users a profit of 1.7%. A pretty solid figure, especially during the weekend. Tron (Koneks / Binance / HitBTC) Not a day seems to go by this week without a Tron arbitrage opportunity presenting itself. No one will complain about this opportunity in the slightest, as there is plenty of liquidity to go around. Throughout today, users can buy TRX on Koineks, Binance, or KuCoin and flip it in HitBTC for a profit of up to 2.3% Prices on Koineks and KuCoin are slightly higher compared to Binance, though. ZCash (CEX / Bittrex / Bitfinex) It has been a while since Bitfinex was involved in any sort of lucrative direct arbitrage opportunity. Buying EC on Bittrex and flipping it on Bitfinex yields a 1.4% gain. Buying the same asset on Bittrex, Sistmekoin, or CEX and selling it on HitBTC is, on average, equally profitable. Multiple options with similar profits is always a big bonus for traders. EOS (Paribu / Binance / HitBTC) Users of the Paribu exchange have a few options when it comes to selling EOS for quick profits. Moving funds to Bitfinex or HitBTC will yield a gain of 1,9%, depending on which platform has more liquidity. There is also an option to buy EOS on either Binance and KuCoin to sell it on HitBTC for a profit of up to 2.2%. All of these options are more than respectable in their right. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Crypto Arbitrage Today: BTC, XLM, EOS, DOGE, TRX, ZEC appeared first on NullTX.

a month ago

BCH-Based Openswap Client Will Feature Trustless Atomic Swaps

On Friday, Dec. 14, Bitcoin Cash developer Mark Lundeberg announced his new project Openswap, a fork of the Electron Cash client that features atomic swap functionality. Lundeberg’s been working on the Openswap software for months and the tool can perform swaps between bitcoin cash (BCH) and BTC in a trustless fashion. Also read: Markets Update: Bears Continue to Drag Cryptocurrency Prices Down In-Wallet Atomic Swaps and Onchain Negotiations Mark Lundeberg has revealed a new project he’s been working on and has published the software’s open source framework. According to the developer, the Openswap protocol is a clone of the Electron Cash light client but also offers a few different features. The Openswap software has an atomic swap platform, onchain private messaging (BCH messages that use encrypted OP_RETURN payloads), and also includes BTC wallet support. Lundeberg’s first iteration which he plans on releasing soon will contain a basic walkthrough of the atomic swap process and the ability to trade BCH for BTC or vice-versa. The onchain messaging can be used for negotiation purposes explained Lundeberg in his announcement. “The initial release features BCH and BTC, by integrating elements from the BTC Electrum into BCH Electron Cash — Other Bitcoin compatible coins can be added later such as litecoin, dash, doge, and others,” the developer detailed. Lundeberg continued by stating: I welcome developers from these and other communities to help build the next generation software. Anonymous, Trustless, and Decentralized Bitcoin Cash Trades In order to use Openswap, the user simply opens the ‘addresses’ tab and right clicks to choose the ‘Openswap’ command. The protocol’s documentation explains at this point the user is able to view private messages they have sent and received in the past. Moreover, this area allows Openswap users to make offers and initiate the atomic swap process. The virtual order book resides on the BCH chain and with enough liquidity, the application could bring forth a BCH-based decentralized exchange (DEX). Even though the program is in its infancy, in theory it could be used by any type of cryptocurrency trading platform. “The software is designed to follow the model of a decentralized exchange, in the sense that it could be used by any capable liquidity provider to provide exchange services,” Lundeberg stated. The Electron Cash developer Jonald Fyookball explained during the announcement that he thought the Openswap fork was “excellent” news. “This could be big news for Bitcoin Cash if people start using a BCH DEX,” Fyookball detailed on the Reddit forum r/btc. Lundeberg explained the Openswap protocol could be utilized in other multi-currency wallets but he chose Electron Cash because he’s more familiar with the software’s framework. The initial release will be published soon, Lundeberg concluded, but he wants testers and developers experimenting with Openswap first. The project’s creator has also created a Telegram channel for people who want to provide feedback and contribute to testing. What do you think about the Openswap protocol? Let us know what you think about this project in the comments section below. Images via Shutterstock, Bitcoin.com, and Pixabay. Want to create your own secure cold storage paper wallet? Check our tools section. The post BCH-Based Openswap Client Will Feature Trustless Atomic Swaps appeared first on Bitcoin News.

a month ago

Daily Cryptocurrency News - 14th December 2018

Another Red Day For The Market, Bitcoin Gets a New Low for 2018 Holidays are coming and crypto enthusiasts are hoping for the next bull run. As the days pass, it looks like we surely won’t see one, at least this year. Bitcoin is trading at $3,223.12 on Binance at the moment of writing the article, a 5.71% decrease since yesterday’s $3,450. Ripple is not doing too good either. The second cryptocurrency lost half of its last week’s average volume. The price of XRP is not sitting at $0.287 - a 10% loss since December 9th. The good part about XRP is that the BTC value is growing. Yesterday, XRP passed the 9,000 satoshi value again and it seems its building some resistance around it. Ethereum on the other hand is not doing well at all. After almost reaching $100 on December 9th, ETH is not trading below $85 - a decrease of more than 10% since last week. But the biggest losers of top 10 today are none others than Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV), proving that the hash war battle hurt BCH and its community. Even though Circle re-enabled BCH trading, the BCH continues its decrease. Sitting at $81.90 with a 15.98% loss since yesterday, BCH was overcomed by EOS and now Litecoin’s preparing to take back its spot too. Bitcoin SV isn’t doing better neither, with a 11.84% loss for today - the CW’s vision fails to rebound and could soon leave the top 10. But Waves doesn’t seem to care and keep moving higher. After the recent launch of Smart Assets and Smart Account Trading, the currently #22 cryptocurrency increased from $1.47 to $2.34. As most of the traders are scarred of this bear market, there are also some people that don’t care. And those are probably doge hodlers - mostly because 1 doge will be 1 doge no matter how the market will go. Syscoin (SYS) had a great run today too, increasing with 45.70% for today and working its way up to the top 100. The volume skyrocketed from under $70,000 to over $6,000,000 in less than 24 hours. Binance Adds USDC To Its Stablecoin Market On November 16th, Binance took the decision to start adding more stable coins besides Tether (USDT). Since then, Paxos Standard Token (PAX) and TrueUSD (TUSD) have been added to the exchange. They claimed that this was necessary to support more trading pairs with different stable coins as a base. Binance now uses the USDⓈ to symbol the fulll Binance stable coin market. The most recent addition the their stable coins collection is none other than the famous USDC - Circle’s stable cryptocurrency. There would be 6 pairs with USDC as a base cryptocurrency: BNB/USDC BTC/USDC XRP/USDC ETH/USDC XLM/USDC EOS/USDC This would be available for the users starting 15th December, 03:00 AM UTC. The existing USDC pairs with BNB and BTC will be removed and delisted by 16th December 03:00 AM UTC. Alll orders on this markets will be canceled. USDC is a an ERC-20 token created by CENTRE Consortium, a venture founded by Circle and Coinbase. Charles Hoskinson Announces Cardano 1.4 Release Date Charles Hoskinson and his IOHK team is working hard to build Cardano - a project with a massive potential that already got a love of love and attention from the cryptocurrency community. Charles recently announced that the Cardano 1.4 version will be live on December 18th: After seven release candidates and a huge amount of QA work, I'm pleased to announce that our best effort release date for Cardano 1.4 is December 18th. Daedalus users will get an in-client update notification next week. Thanks everyone for your patience and support — Charles Hoskinson (@IOHK_Charles) December 14, 2018 So, what will be new in this 1.4 update? Firstly, Linux users would be able to access the Daedalus Wallet. Rust programming language will also be available to Cardano Cryptocurrency Universe (CCU). The relatively new and lightweight programming code could easily be the key of Cardano’s growth. Another update would be on the increment of network block processing efficiency within the blockchain. We could be seeing a reduction from 1.5 million to about 200 - this can seriously save space for the blockchain network. Two testnets will also come with the 1.4. First, there’s Shelley testnet - on of the Cardano’s earliest steps towards full network decentralization. Then, there’s the Cardano testnet. More details about Cardano’s future can be found on Cardano’s Roadmap or by getting in touch with the latest announcements via Cardano’s telegram. With the market being red day-by-day, only strong project could survive and it appears that Charles Hoskinson’s Cardano is ignoring the noise and building. Other Important News BITCOIN WILL NEVER DIE - Long term holding you will be exceptionally rewarded - Asset Manager Insight TRX Breaks New Records, 2.5 MM Txs Per Day, 32,284 Daily Increase in Addresses Monero Price Analysis: Wider Adoption Seen as Bity Adds XMR Support to Their ATM Network If you’ve missed yesterday’s news, you can read them here: Daily Cryptocurrency News - 13th Decem

a month ago

Dogecoin is more decentralized than NEO, IOTA, NEM, Stellar, and Nano

Decentralization is definitely one of the most important reasons to consider the use of blockchains. Not having a single point of failure, enabling for voluntary participation to the protocol, and allowing anyone to mine or stake are all must-haves for any serious cryptocurrency project. However, the situation is not always favorable for decentralization, even among the most popular projects. Jackson Palmer, the often bitter Dogecoin creator, has decided to take his criticism of the cryptocurrency market to a new level by creating arewedecentralizedyet.com. In order to ask this puzzling question, he decided upon five criteria which include the number of entities controlling more than 50% of the hash power, the percentage of coin supply being held in top 100 wallets, the number of clients which run the coin’s protocol, the number of live public nodes, and whether or not miners or node runners are incentivized. Accordingly, the otherwise rational and sound inquiry “Are we decentralized yet?” gets answered from a technical, political, and monetary point of view. It’s everything we need to know about the most important cryptocurrency projects in order to get an objective insight into the state of development. A more centralized coin is definitely undesirable, as it’s more likely to fail in the aftermath of malicious attacks or government interventions. The more decentralized ones should attract more investors, developers, and community members, as they tick all the monetary, engineering, and ideological boxes to become interesting and worthwhile. In theory, everything is clear and simple. But in practice, we’re bound to discover how more decentralization doesn’t really imply more success. On the contrary, a quick look at the list suggests that projects like NEO, Stellar (XLM), IOTA, NEM, and Nano are very much centralized. The "Are we decentralized yet?" spreadsheet is coming together nicely with the help of some great community members... I'll talk about it more in a video very soon! — Jackson Palmer (@ummjackson) March 11, 2018 Much centralization, such wow. At press time, a simple look at Coinexchange’s DOGE network explorer points out that there are 122 active nodes running four different clients of the protocol (Shibetoshi, Block.io, BitcoinJ, and Node). That’s 11 more nodes than Stellar, and this isn’t the only metric that favors the meme coin. In terms of wealth centralization, clients, and voting power, XLM looks much worse and appears to be one of the worst choices if one seeks a truly decentralized project. The recent Stellar airdrop won’t fix the issue of coin distribution either, as the XLM market cap exceeds 2 billion even in the middle of a terrible bear market, and $125 million worth of tokens amounts to less than 5% of the supply. Conversely, Dogecoin beats Stellar in every department which concerns decentralization. And the fact that an inflationary Litecoin fork which never really exceeded its joke status manages to outclass a project which benefits from lots of investments and attract partnerships with giants like IBM is indicative that nobody really cares about decentralization when it comes to either money or new technologies. Sometimes being easier to manipulate is best for business. However, let’s not get overly pessimistic about our cypherpunk ideals for decentralization and take a look at three other top 20 projects: IOTA, NEM, and NEO. IOTA is a popular and interesting scientific experiment which doesn’t make use of a blockchain and tries to make the Internet of Things easier to monetize for automated processes which eliminate the need for trusted third parties. It sounds really cool in theory and, according to IOTA-Nodes.net, the network currently has 250 public nodes, out of which 149 are synchronized. And that really isn’t impressive, as Dogecoin has 122 active nodes without making such grand promises of “solving the inefficiencies of the blockchain“. If we also notice that 62% of the coins are owned by the top 100 wallets (as opposed to Doge’s 51%), then we should already start asking ourselves questions about the real intentions of the project. What about NEM? The idiom “permissioned private blockchain” is already indicative of centralization, and the numbers follow this trend. The top 100 accounts own 53% of the coins (which isn’t as bad as XLM and IOTA), which means that Dogecoin is still more decentralized in terms of ownership. Furthermore, the 494 average nodes pointed out by the project’s proprietary node explorer are almost 20 times fewer than Bitcoin’s. Nevertheless, it’s a little ironic to see how a project which is more centralized by its nature is still more decentralized than others (yet Doge beats it). More centralization, even more wow. Now let’s talk about the cryptocurrency that’s objectively the worst of its class in terms of decentralization. Surprisingly, NEO doesn’t do so well in any department. Only one party owns more than 90% of the voting power, which me

a month ago

Dogecoin Price Gains on Bitcoin Yet Loses USD Value

As the overarching cryptocurrency market slump continues, there is a growing demand for assets which are perceived at stable Although stablecoins would usually fit that bill, Dogecoin also makes an interesting case for itself. Under the current conditions, it is also losing a bit of value, although in far less spectacular fashion compared to other markets. Dogecoin Price Momentum Sours Slightly It has always been difficult for alternative currencies to escape Bitcoin’s gravitational pull. The year 2018 has illustrated that point virtually every other day. While Dogecoin usually does its own thing, it too is losing a bit of value in the US Dollar department. That is not entirely abnormal, although it seems unlikely a dip below $0.0015 will occur anytime soon. Over the past 24 hours, the Dogecoin price has dropped to just above $0.002. That is not necessarily bothersome, as the altcoin has maintained this level for quite some time now. However, the 2.1% decline in USD value is a bit worrisome. At the same time, the DOGE/BTC ratio increased by 2%, as the altcoin has retaken the 62 Satoshi level once again. A very peculiar topic is emerging on Twitter as of right now. It seems someone is spreading rumors regarding Dogecoin and Litecoin merging into one project. That will likely never happen although it is possible to merge-mine both currencies through select mining pools. As such, there is some minor truth to this “merge”, albeit not of a nature most people would expect. #Dogecoin and #litecoin merging or is people trolling? Asking for a friend — ScopeSSWI (@koliduhscope) December 13, 2018 It would also appear there is a new Bitcoin ATM which supports Dogecoin, as well as other alternative currencies. Having more exposure through these machines can raise overall awareness of DOGE over the coming years. A development like this will not have any impact on the overall Dogecoin price, yet it is still a feather in the cap of the altcoin regardless. New #BTM #BitcoinATM at Mainely Glass in #waterville #Mainehttps://t.co/7xjQzfc3vT Buy #bitcoin #ethereum #litecoin #dash #monero #dogecoin, $btc $eth $ltc $xmr $doge with cash. Monday - Saturday: 10AM - 8PM Sunday: 11AM - 6PM 87 College Ave, Waterville, ME 04901 pic.twitter.com/2BijuMJqXN — Maine Bitcoin LLC (@MaineBitcoinLLC) December 13, 2018 There is also some minor bad news for some Dogecoin enthusiasts. It would appear there may be some issues with the Dogechain online wallet service. Although this issue is rather limited in nature, one can only hope someone will be able to help this user out as soon as possible. Still can't login to my Dogechain wallet and they're not responding Today....HELP ME! Replay Soon via /r/dogecoin https://t.co/bhuNkN7O1o hot in #reddit #dogecoin #doge #crypto much wow! — Domain Address Info (@DomainAddress4u) December 13, 2018 With all of these developments taking place behind the scenes, it will be interesting to see how well the Dogecoin value holds up. The increase in Satoshi value is something plenty of traders will be quite happy with. It does not result in USD-based gains at this time, although there is still some good money to be made regardless. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Dogecoin Price Gains on Bitcoin Yet Loses USD Value appeared first on NullTX.

a month ago

Crypto News Update: Bitcoin, Tron, Monero, Ripple, and XRP

Congressmen Tedd Budd and Darren Soto are concerned about Bitcoin's manipulation. They have introduced a regulation for protecting investors from manipulation in the market. The regulation is also geared to make the US the leader in the crypto space. Ripple's Miguel Vias, in an interview, recently talked about the importance of liquidity and XRP's use cases which are helping the ecosystem to grow. In their latest update, Tron announced that 28 dApps have built and are running on their network. Monero is gaining mass adoption and is available on more than five crypto ATMs across Switzerland. Dogecoin is celebrating its 5th birthday after it was launched on December 6th by Jackson Palmer. Currently, DOGE has a market cap of $264 m. (KE)

a month ago

Atomicpay Launches Private Beta of Digital Currency Payment Gateway

Startup Atomicpay.io announced the beta launch of its cryptocurrency payment gateway on Dec. 3, with support for six different digital assets. The payment processor eliminates third parties and allows merchants to accept cryptocurrencies in a noncustodial fashion. Also read: US Law Enforcement Wants Blockchain Surveillance Tools for Privacy Coins Developers Launch Cryptocurrency Payment Gateway The private beta version of Atomicpay will be available to a limited group of testers, but anyone who is interested can register to try it, the developers said. The founders of Atomicpay claim that the new software is a “decentralized” cryptocurrency payment processor that allows merchants to accept cryptocurrencies directly from customers in a “trustless environment.” “We process payments but we do not hold any funds and no more middlemen. Money goes directly to your wallet. You have immediate ownership and full control of your money,” the team explained during the beta launch announcement. Atomicpay supports 156 fiat currencies and offers full support for BTC’s Segregated Witness (Segwit) protocol as well. The application can be used to create a payment URL and payment buttons, while providing traditional Point-of-Sale (PoS) services. The gateway also comes with an application program interface (API) and e-commerce plugins for website developers. At the time of publication, the Atomicpay platform supported bitcoin cash (BCH), bitcoin core (BTC), bitcoin gold (BTG), litecoin (LTC), dash (DASH) and dogecoin (DOGE). In the first quarter of 2019, the developers plan to add ether (ETH) and various ERC20 tokens, alongside stellar (XLM). Atomicpay to Compete Against Free Payment Processors The payment gateway generates a new payment address for each invoice by using Hierarchical Deterministic (HD) wallet support. The service also offers a business plan for individuals and organizations that want to comply with know-your-customer requirements. In addition, the startup is offering an optional feature for cryptocurrency-to-fiat payments that automates transfers directly to local exchanges through the CCXT protocol. “The API will allow merchants to set an interval where funds will be automatically sent to the exchange, create an order from crypto to fiat and lastly request a withdrawal back to their bank,” the Atomicpay developers explained. Atomicpay does have a number of competitors, including the reigning leader of cryptocurrency payment gateways, Bitpay. However, unlike Atomicpay, the Atlanta-based company only accepts two digital currencies. The Atomicpay service is actually more similar to open-source payment processor Btcpay, as well as the Coinbase Commerce platform and Anypay Global, which produces cryptocurrency invoices that can be paid for by text message (SMS) using the Cointext application. But the main thing distinguishing Atomicpay from Btcpay, Coinbase Commerce and Anypay is that the new startup charges a fee for its services. Normal users will pay a flat rate of 1 percent to use the Atomicpay platform, while business users will pay 0.9 percent. Monthly invoice fees will be billed to users, rather than being taken from each transaction. However most payment gateways provide their services for free, which may deter some people from using the Atomicpay application. What do you think about the Atomicpay cryptocurrency payment gateway platform? Let us know in the comments section below. Disclaimer: Bitcoin.com does not endorse nor support any of these mentioned products/services. Readers should do their own due diligence before taking any actions related to the mentioned company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, applications, protocols or services mentioned in this article. Images via Shutterstock, Atomicpay, and Pixabay. Want to create your own secure cold storage paper wallet? Check our tools section. The post Atomicpay Launches Private Beta of Digital Currency Payment Gateway appeared first on Bitcoin News.

a month ago

Crypto Arbitrage Today: XLM, ZEC, BTG, BCH, TRX, DOGE

In the world of cryptocurrency, making money is most people’s primary objective. There is nothing wrong with that approach, as this innovative industry lets anyone in the world make a living. Arbitrage opportunities can easily serve as an additional source of income, even though there are also those who want to rely on this concept as a way to make a living full-time. The following six options show how easy it is to make money, although there is some work involved. Monero (Bittrex / Bitfinex / HitBTC) There are quite a few interesting Monero arbitrage opportunities to take note of today. Unlike most previous options, the Kraken exchange only provides one opportunity. Instead, the attention is shifting toward Bittrex and Bitfinex, as both platforms - alongside Kraken - have a lower XMR price compared to HitBTC. Exploring this particular price gap can yield traders an easy 2% profit, although the gains can be as high 4% depending on which platform one buys from. ZCash (CEX / Bittrex / HitBTC) The arbitrage opportunities involving ZCash are somewhat similar to Monero, as it involves selling the coins on HitBTC for a big profit. Buying ZEC on Cex, Bittrex, and Bitfinex lets users earn a healthy profit of roughly 2.5% on average. As such, ZEC is one of the bigger options to explore in this regard, although the gap may not necessarily remain in place for much longer. After all, prices on HitBTC will usually recover pretty quickly. Bitcoin Gold (CEX / Bitfinex / HitBTC) It is quite interesting to see so many different arbitrage opportunities involve the HitBTC exchange right now. Considering how this exchange has usually a lot of volume, it seems to be a matter of time until all of these gaps are closed off. Until then, buying Bitcoin Gold on CEX or Bitfinex will let users score a 3% profit when selling it on HitBTC. A very interesting opportunity to look into. Tron (Koineks / Binance / HitBTC) A lot of exciting opportunities are available when it comes to Tron. The TRX value on HitBTC is significantly higher compared to other exchanges. Platforms to watch right now include Koineks, Bitfinex, Binance, and KuCoin. Buying TRX there and selling it on HitBTC can yield profits of 1.8% all the way up to 3%. A juicy opportunity, all things considered. BCHABC (Vebitcoin / Binance) It has been relatively quiet on the BCHABC / BCH front over the past few days. Considering how the network upgrade disrupted so many things, it will be interesting to see what the future holds in the price department. Right now, there is an arbitrage gap between VeBitcoin and Binance, which can yield traders a quick profit of 1%. It is not the biggest gap by any means, but one has to keep in mind all opportunities need to be taken into account. Dogecoin (Koinim / Koineks / HitBTC) It is always good to see a Dogecoin arbitrage opportunity present itself. Not just because Dogecoin has been one of the more stable currencies on the market today, but also because it has plenty of trading volume across all exchanges. Buying DOGE on KKoinek or Koineks and selling it on HitBTC will result in a profit of 1.6% up to 3$. A pretty interesting gap to explore, although these percentages will not necessarily remain in place that much longer. Information provided by Arbing Tool. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Crypto Arbitrage Today: XLM, ZEC, BTG, BCH, TRX, DOGE appeared first on NullTX.

a month ago

Dogecoin Price Turns Bullish and Surpasses 60 Satoshi

It has proven to be an interesting day in the world of digital assets and cryptocurrencies. Unsurprisingly, there is more bearish pressure on Bitcoin, which drags all other markets in the red as well. Dogecoin is, once again, an exception in this regard, as it notes gains in both USD and BTC value. A remarkable trend which further confirms Dogecoin is the coin to watch right now. Dogecoin Price Trend Turns Bullish No one should be surprised to see the value of Dogecoin rise when Bitcoin keeps turning bearish every other day. This trend has been apparent for most of 2018, and there is no reason to expect anything to change in this department. Whereas Bitcoin loses value and all top altcoins go down with, Dogecoin simply does its own thing at all times. Over the past 24 hours, there has been a 5% increase in Dogecoin’s USD value. Additionally, the altcoin has gained over 12% on Bitcoin, which allows it to note these USD gains in quick succession. It is also the first time in a while the Dogecoin value surpasses 60 Satoshi. For now, it is difficult to predict how long this level will be maintained. When looking at social media, it would appear some interesting developments are taking place within the Dogecoin ecosystem. Unlike other altcoins, Dogecoin hasn’t been well-known for multisig solutions. That situation is now slowly coming to change, courtesy of Dogecoinmultisig. Always do your own research when new services launch, yet it is an interesting idea regardless. #dogecoin has a #multisignature management system known as https://t.co/HTrGZOdIJN — DogecoinMultisig (@DogecoinMulti) December 3, 2018 It is also interesting to note how Dogecoin has been a far more stable currency compared to other cryptocurrencies. So much even that it almost looks like a stablecoin to some. It is a bit of a misnomer for DOGE, albeit one can easily see where that sentiment is coming from. It simply remains relevant and stable while other markets continue to crumble. Thank for $doge eh! White is the new green apparently #stablecoin #dogecoin #therealbitcoin #yearofthedoge — Bitty Cryptonius (@BittyCryptonius) December 3, 2018 An interesting topic is raised by Randicus. Currencies with an unlimited maximum supply are subject to inflation. In the case of Dogecoin, that rate of inflation is often ridiculed and considered to be a hindrance. Even so, it is not that big of a deal when compared to some other projects. As such, it is always important to put things into the right perspective. Dogecoin's inflation is kinda low compared to thew others yet it gets stick for being "limitless" #dogecoin — Rancidius " Maximus Putridious " Potatodopoulos (@RancidPotato) December 3, 2018 The big question is how long Dogecoin can keep this uptrend in place. Its low trading volume is a cause for concern, although one could argue all currencies see far less trading volume on this Monday. As such, the Dogecoin price should hold its own with relative ease, albeit the battle for support at 60 Satoshi will be an interesting one to watch. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Dogecoin Price Turns Bullish and Surpasses 60 Satoshi appeared first on NullTX.

a month ago

Dogecoin [Doge] Continues to Trade in a Range

Since Dogecoin broke below its $0.00228 support level during the bearish market conditions, it has continued to trade in a range between $0.0020 and $0.00228. Price has dropped both above and below the bounds of this range but has failed to close outside of it quickly retracing back inside. $0.00228 had been a key support level for a long time. This level acted as a key support point from June to August and price traded here before an over 200% spike taking place in early September. It also recently acted as a strong support level when price returned here after a prolonged decline which took place after the spike. When price eventually broke through during the bearish market conditions, the level turned from a strong support level to a key resistance point. The $0.002 is an important psychological point and price action closing below here would mean traders are more willing to let price trade in $0.001 to $0.00199 range. Price has dropped below $0.002 but has failed to close below here indicating that traders are not yet willing to accept valuations at these low levels. Doge Daily Chart - Source: Tradingview.com Whatever way price breaks out of this range is likely to depend on overall market conditions. Bitcoin has been trading at a key level around $4000. However, it reacts to trading at this level over the next few days holds the potential to dictate a lot of this weeks price action. If Bitcoin can break back above $4000 and begin to progress from here, we will likely see bullish movements from altcoins. If Bitcoin remains below $4000, we may see it start to return to its 2018 lows near $3500 and a return to bearish movements for altcoins. The price of Bitcoin currently trades around $3950. Bitcoin Daily Chart - Source: Tradingview.com Key Takeaways: Dogecoin trades in an important range between $0.00228 and $0.002 with both levels holding significance to traders. Whatever way it breaks out of this range is likely to depend on overall market conditions. Market leader Bitcoin trades at a key level around $4000 and however, it develops from here will likely dictate altcoin movements. DISCLAIMER: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This analysis should not be considered investment advice, use it for informational purposes only. Historical performance of the assets discussed is not indicative of future performance. Statements, analysis, and information on blokt and associated or linked sites do not necessarily match the opinion of blokt. This analysis should not be interpreted as advice to buy, sell or hold and should not be taken as an endorsement or recommendation of a particular asset. Dogecoin [Doge] Continues to Trade in a Range was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

a month ago


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