The cryptocurrency market has been bleeding for the past few days now, but the wind has changed the direction of the tide for BSV. The coin which outperformed every major coin in the list, Tron [TRX], is struggling as the market is coming back to normalcy, whereas Bitcoin SV [BSV], the tenth-largest coin, appears to be pumping for the past few hours.
At the time of press, the tenth-largest coin, Bitcoin SV [BSV], saw a huge hike in the past few hours. The coin registered a growth of 11.50% over the past 24 hours and is still pumping with growth by 3.55% over the hour. The coin had been severely wounded in the bearish market but is avenging itself. The coin reported a dip of 5.54% over the past week.
As per CoinMarketCap, the coin was majorly traded on Bit-Z, with a trading volume of $ 36 million with the BCHSV/BTC pair. Binance registered a trading volume of $13 million with the BCHSV/USDT pair, while UPbit noted a volume of $10 million with the BSV/KRW pair.
The ninth-largest coin, Tron [TRX], was seen pumping for the past few days and had a staggering fall on January 10, after which the coin tried to make a recovery. However, on January 12, the coin is seen to have fallen head first in the bear’s attack.
At the time of press, the coin was valued at $0.0233, with a market cap of $1.5 billion. The coin had registered a 24-hour trading volume of $290 million, with a massive fall of 10.14% over the past day. The coin which was pumping a few days back, has a growth percentage of just 4.25% over the past week, and continues to fall by 1.86% in an hour.
The coin registered huge trading volume on UPbit, with a volume of $38.3 million with the TRX/KRW pair. The coin was traded highly on Binance with two different base pairs. TRX/USDT pair registered a trading volume of $38.1 million while the TRX/BTC pair noted a volume of $31 million.
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Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
Crypto News – 24 June – Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
— AMBCrypto (@CryptoAmb) June 24, 2019
Crypto News – 24 June
Erik Voorhees on Bitcoin: According to the CEO of Shapeshift, Bitcoin’s relative traceability has allowed governments to become comfortable with it
Read more at https://bit.ly/2WVviJW
Max Keiser on gold’s ‘resurgence:‘ Max Keiser made news after he stated that Bitcoin’s growing popularity as a competing store of value and millennials were responsible for gold resurfacing in the conversation about store of value assets
Read more at https://bit.ly/2Xve2zp
Tron back in the top 10: A month after CEO Justin Sun promised to get Tron back in the top 10 of the world’s largest cryptocurrencies, TRX surged by over 6% to achieve the same by overtaking Cardano
Read more at https://bit.ly/31TXekX
Bank of International Settlements on Libra: While talking about Facebook’s Libra, BIS’s report attested to the need for sound public policy, financial regulation, competition regulation, and data privacy regulation
Read more at https://bit.ly/2Fsoptu
Bitcoin short futures position on the rise: According to a Twitter user, 70% of all Bitcoin short futures position are taken by four traders
Read more at https://bit.ly/31Om4CQ
LocalBitcoins’ Russian Ruble trading charts: According to CoinDance, the weekly LocalBitcoins chart revealed that the Russian Ruble [RUB] recorded towering volumes, even after the June 1 cash-exodus announcement
Read more at https://bit.ly/2JgRWYz
Howard Chu on Monero: According to the Founder of Symas Corp., Monero was “outstripping” other projects in the space which have larger budgets, in light of the new features added to Monero
Read more at https://bit.ly/2Y8IsEQ
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