drbubb Posted January 17, 2018 Report Share Posted January 17, 2018 Wipe-out: Crypto-killer-crash HUGE DROPS in prices ! Down -25% to -43% in just 24 hours # Name Market Cap Price Volume (24h) Circulating Supply Change (24h) Price Graph (7d) 1 Bitcoin $178,570,078,618 $10,624.80 $15,464,700,000 16,806,912 BTC -24.59% 2 Ethereum $90,402,887,218 $931.79 $6,559,450,000 97,020,771 ETH -29.35% 3 Ripple $39,537,556,544 $1.02 $4,235,470,000 38,739,142,811 XRP * -41.70% 4 Bitcoin Cash $28,233,751,233 $1,669.13 $1,468,430,000 16,915,250 BCH -32.22% 5 Cardano $13,637,224,270 $0.525984 $1,168,880,000 25,927,070,538 ADA * -34.87% 6 Litecoin $9,121,640,861 $166.49 $1,080,110,000 54,786,933 LTC -29.61% 7 NEO $7,632,755,000 $117.43 $1,248,140,000 65,000,000 NEO * -37.43% 8 NEM $7,340,543,999 $0.815616 $143,761,000 8,999,999,999 XEM * -42.79% 9 IOTA $6,535,120,420 $2.35 $186,740,000 2,779,530,283 MIOTA * -34.93% 10 Stellar $6,416,328,328 $0.358639 $332,718,000 17,890,771,298 XLM * -42.04% 11 EOS $5,582,239,517 $9.19 $1,297,170,000 607,416,157 EOS * -30.68% 12 Dash $5,414,558,586 $692.21 $240,406,000 7,822,144 DASH -28.83% 13 Monero $4,445,789,774 $284.79 $238,519,000 15,610,765 XMR -33.24% 14 TRON $3,022,681,102 $0.045974 $544,690,000 65,748,192,476 TRX * -42.69% 15 Bitcoin Gold $2,873,283,642 $171.35 $389,921,000 16,768,311 BTG -38.65% Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2018 Author Report Share Posted January 17, 2018 The "two-months" cycle may still be in operation BTS ... 12-mo : Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2018 Author Report Share Posted January 17, 2018 Wild rumors? CME SILVER CRIMINALS NOW GUTTING BITCOIN? Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2018 Author Report Share Posted January 17, 2018 Recent Big-winner, Cardano, is down over 50% Log > ADA Market Cap: https://coinmarketcap.com/currencies/cardano/ Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2018 Author Report Share Posted January 17, 2018 Bitcoin tumbles to 6-week low on fears of regulatory noose tightening MarketWatch Bitcoin bloodbath highlights these defensive cryptocurrency strategies MarketWatch === === Bitcoin’s spot price was slumping on Tuesday, touching a six-week low below $11,000, as the biggest cryptocurrencies came under pressure across the board. The selloff follows reports that South Korean Finance Minister Kim Dong-yeon said banning trading in virtual currencies was “a live option.” That has added to ongoing worries about a potential crackdown in what’s considered the world’s third-largest crypto trading market. The tumble also comes after a Bloomberg report on Monday that said China is escalating its clampdown on crypto trading. In addition, crypto exchange Kraken was down for longer than expected to upgrade its trading platform. Kraken apologized on Saturday “for the uncertainty our downtime has caused,” saying it was now back on line. The bitcoin spot price BTCUSD, +3.03% touched a low of more than 26% to $10,064, according to CoinDesk data late Tuesday. The top 10 cryptocurrencies by market capitalization were all showing sizable drops, according to CoinMarketCap.com data. No. 2 virtual currency Ethereum was down 27%, Ripple slumped 40% and bitcoin cash shed 30%. “Bitcoin dived below $12,000 today as it appears the regulatory noose is tightening,” said Neil Wilson, senior market analyst at ETX Capital, in a note. “Bitcoin faces a regulatory crunch sooner or later and increasingly we see signs of this starting to bite following South Korea’s tentative plans to ban trading on cryptocurrencies and China’s move to shutter mines,” Wilson added. “Meanwhile, there may be growing consensus among European regulators to act in concert.” . . . The price of a single bitcoin was tumbled on Tuesday, off 15% at around $11,539 after dropping as low as $11,039.40, underlining a broad selloff among the world’s virtual currencies spurred by nagging fears of increased regulatory scrutiny in South Korea and elsewhere. That leaves the total value of cryptos tracked by CoinMarketCap.com at roughly $565.7 billion, down more than 30% from a peak reached last week. Source: CoinMarketCap.com To be sure, there are still serious and legitimate doubts about the viability of such volatile, decentralized assets like bitcoin BTCUSD, +2.38% that have been described as in the midst of a speculative bubble that is likely to end in tears. Read: Bitcoin is ‘a bubble that is bound to burst,’ analysts warn Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2018 Author Report Share Posted January 17, 2018 Bitcoins still engaged in Test of $10,000 ... update I would like to see it back above $11,500 and headed higher (In edit): Instead, it went under $10,000 Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2018 Author Report Share Posted January 17, 2018 Gold Holds Key Support After 2 Million Ounces Dumped Late Wednesday Kitco News04:15PM Selling pressure in gold picked up late in Wednesday’s trading session as the U.S. dollar found some new momentum and equities see its best day in more than a month. Within a 30-minute period, more than 2 million ounces were sold, pushing Comex gold futures prices to session lows. However, the market continues to hold critical support levels, according to some analysts. February Gold last traded at $1,328.80 an ounce, down 0.61% on the day. At the same time, the U.S. Dollar Index has moved moderately higher off its three-year lows, last trading at 90.65, up 0.26% on the day. Equity markets, which have seen consistent gains throughout the session, ending the day at new record highs. The S&P 500 Index settled the day up 26 points to 2,802, up almost 1% on the day. Gold’s drop does not come as a major surprise to some analysts, who have been expecting to see some consolidation after the yellow metal hit a four-month high at the start of the week. Phillip Streible, senior market strategist at RJO Futures, said that gold’s technical outlook remains bullish as long as prices hold near-term support at $1,320 an ounce, which represents a critical psychological level. Along with a stronger U.S. dollar, Streible added that bitcoin could be taking some luster away from gold. While bitcoin has fallen sharply from record highs only one month ago, he noted that the market has held an important retracement level. Bitcoin is down almost 45% from its record highs seen in mid-December; but, the digital currency has bounced off its lows and has pushed back above $10,000. Kitco.com aggregated charts show bitcoin last traded around $10,800 per token. “Bitcoin has held the important 50% retracement level so some investors might be selling their gold and buying bitcoin as they see value at these levels,” he said. Link to comment Share on other sites More sharing options...
drbubb Posted January 17, 2018 Author Report Share Posted January 17, 2018 5 key reasons bitcoin, other cryptocurrencies have lost a stunning $370 billion in 10 days Fear, uncertainty and doubt are crushing bitcoin Getty Images Bitcoin is under pressure—again. By MarkDeCambre The No. 1 digital currency and its cohort continued to unravel Wednesday, extending a downturn that has seen the entire sector cough up a whopping $370 billion since Jan. 7, or more than 40% of their total value. Source: CoinMarketCap.com For its part, bitcoin BTCUSD, -0.83% has shed almost half its value since a single bitcoin traded at an all-time high just below $20,000 in late December. What’s dragging down a sector that had enjoyed stratospheric gains (bitcoin alone is up about 1,100% since last January) even compared against the Dow Jones Industrial Average DJIA, +1.25% the S&P 500 index SPX, +0.94% and the Nasdaq Composite Index COMP, +1.03% which boasts returns between 22% and 30% over the past 12 months? Read: 7 cryptocurrencies to watch in 2018 if you’re on the hunt for the next bitcoin Here’s a quick rundown of the factors contributing to the carnage: 1). South Korea Seoul has said that the government intends to crack down on the trading of cryptoassets. Officials have also floated the idea of taxes on crypto trading and other measures to tighten its grip on market considered by some as supporting money laundering and dangerous speculative investing. By some measures, South Korea represents about a fifth of the virtual-trade volume. 2). Russia Russian President Vladimir Putin said on Tuesday that more oversight of cryptocurrencies may be needed “This is the prerogative of the Central Bank at present and the Central Bank has sufficient authority so far. However, in broad terms, legislative regulation will be definitely required in future,” he said, according to Russian news agency TASS. 3). China Beijing, which already has taken a hard line against the bitcoin community, which uses computing power to support the network and create new bitcoin through mining, has said it also is exploring further regulations or restrictions around digital-asset trading. 4). Bitconnect $BCC The cyber currency known as Bitconnect, which has long drawn a critical eye from cryptocurrency investors because of its use of loans and the manner in which it solicits new investors, shut down. Bitconnect also promised a return of a quarter of a percentage point daily. Its currency, the Bitconnect coin, plunged by 94% after the announcement: Source: CoinMarketCap.com 5). Bitcoin futures TimeCboe Bitcoin (USD) Jan 20187 Jan11 Jan17 Jan20 Dec26 Dec1 Jan US:XBTF8 $10,000$20,000$12,500$15,000$17,500 Futures for bitcoin on exchange platforms are set to expire this month. January bitcoin futures XBTF8, -3.12% on Cboe Global Markets Inc. CBOE, +0.56% were set to expire on Wednesday, down 42% over the past 30 days at $10,447, while those trading for the same month BTCF8, +2.47% on the CME Group Inc. CME, -0.49% are due to expire on Jan. 26. Those futures also are down about 42% at $10,455. Expiring futures contracts, in theory, can add to volatility. Link to comment Share on other sites More sharing options...
Getty Images Bitcoin is under pressure—again. By MarkDeCambre The No. 1 digital currency and its cohort continued to unravel Wednesday, extending a downturn that has seen the entire sector cough up a whopping $370 billion since Jan. 7, or more than 40% of their total value. Source: CoinMarketCap.com For its part, bitcoin BTCUSD, -0.83% has shed almost half its value since a single bitcoin traded at an all-time high just below $20,000 in late December. What’s dragging down a sector that had enjoyed stratospheric gains (bitcoin alone is up about 1,100% since last January) even compared against the Dow Jones Industrial Average DJIA, +1.25% the S&P 500 index SPX, +0.94% and the Nasdaq Composite Index COMP, +1.03% which boasts returns between 22% and 30% over the past 12 months? Read: 7 cryptocurrencies to watch in 2018 if you’re on the hunt for the next bitcoin Here’s a quick rundown of the factors contributing to the carnage: 1). South Korea Seoul has said that the government intends to crack down on the trading of cryptoassets. Officials have also floated the idea of taxes on crypto trading and other measures to tighten its grip on market considered by some as supporting money laundering and dangerous speculative investing. By some measures, South Korea represents about a fifth of the virtual-trade volume. 2). Russia Russian President Vladimir Putin said on Tuesday that more oversight of cryptocurrencies may be needed “This is the prerogative of the Central Bank at present and the Central Bank has sufficient authority so far. However, in broad terms, legislative regulation will be definitely required in future,” he said, according to Russian news agency TASS. 3). China Beijing, which already has taken a hard line against the bitcoin community, which uses computing power to support the network and create new bitcoin through mining, has said it also is exploring further regulations or restrictions around digital-asset trading. 4). Bitconnect $BCC The cyber currency known as Bitconnect, which has long drawn a critical eye from cryptocurrency investors because of its use of loans and the manner in which it solicits new investors, shut down. Bitconnect also promised a return of a quarter of a percentage point daily. Its currency, the Bitconnect coin, plunged by 94% after the announcement: Source: CoinMarketCap.com 5). Bitcoin futures TimeCboe Bitcoin (USD) Jan 20187 Jan11 Jan17 Jan20 Dec26 Dec1 Jan US:XBTF8 $10,000$20,000$12,500$15,000$17,500 Futures for bitcoin on exchange platforms are set to expire this month. January bitcoin futures XBTF8, -3.12% on Cboe Global Markets Inc. CBOE, +0.56% were set to expire on Wednesday, down 42% over the past 30 days at $10,447, while those trading for the same month BTCF8, +2.47% on the CME Group Inc. CME, -0.49% are due to expire on Jan. 26. Those futures also are down about 42% at $10,455. Expiring futures contracts, in theory, can add to volatility.
drbubb Posted January 18, 2018 Author Report Share Posted January 18, 2018 Bitcoin PLUMMETS… Ripple Founder Loses $44 BILLION During Crypto Crash… Link to comment Share on other sites More sharing options...
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