The latest cryptocurrency news shows that aside from Bitcoin and its recent swing, there are many altcoins which we need to focus on because of their growth. TRON, Stellar and Litecoin are among them, as ones of the top 20 cryptocurrencies that have been rising overnight.
Stellar (XLM) has seen gains of more than 15% against the USD and has risen to the $0.17 mark. Litecoin (LTC) also saw a lot of green action lately and about 10% in the past 24 hours, rising to the $35 margin. Tron (TRX) was the obvious winner in terms of growth, securing a 25% increase overnight and coming closer to the $0.015 margin.
Litecoin price seems to have begun to pick up a new momentum. Despite the initial sell-off, a simultaneous price-rise in Bitcoin actually meant the market capitalization of the cryptocurrency rose during the same period.
Litecoin recovered and saw a significant increase of about $500 million over the entire 24 hour period, with more than $150 million of that against USDT. Monero and Zcash were the other altcoins that were rising over the past 24 hours, in a momentum from 10% to 16%.
No one knows if this rally will continue. However, we are seeing a good Thursday with a lot of green on the market and a stabilized trading volume.
Coinbase Adds PayPal Withdrawals To Its Platform (For U.S. Citizens)
“There is new technical work to make this possible, and that was done in conjunction with PayPal.”However, this Friday Osgood wrote that the partnership provides Coinbase customers an alternative to the traditional federal wire or automated clearing house (ACH) network that they were required to use. As he said:
“These traditional finance networks can add up to two business days to a withdrawal. We’re always looking for ways to not only meet the bar set by traditional finance, but raise it. That’s why we rebuilt our integration to ensure that the speed and reliability of PayPal withdrawals does just that.”The service is for now only available to customers in the United States, but could continue to be added to other nations across 2019, as Osgood wrote.
Bitcoin Plunges To A Yearly Low, Market Is ‘Prepared’ To Go Below $100 Billion
“As BTC is approaching the target of the 2014 fractal the targets of most people change from 3k to 1k and even lower. I still think $2,700 is an excellent place to buy if we should go there. ‘History doesn’t repeat itself but it often rhymes.’”Currently, there is a big risk in shorting and longing Bitcoin and other major cryptocurrencies in the market, which is why investors are observing the short-term trend of the crypto market by holding out on their trading activity.
TRON’s DApp Usage Jumps 48% To +1 Million Transactions Last Week
“This week, the 24-hour transaction number for Dapps reached 1.04M, a 48% increase compared with last week; the 24-hour trading volume hit 640M TRX, an 151% increase compared with last week. We have seen significant increases in both indexes […]”One of the most interesting projects built on Tron is Seedit which is a decentralized platform that lets users contribute funds to the content creators that they most appreciate. Project Atlas is also a well-known project which incentivizes people to seed content on the BitTorrent protocol, which was acquired by Tron back in July this year.
Bitcoin Cash Drops Again By 15 Percent While Other Cryptocurrencies Take A Stronger Hit
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