Track market-moving stories before they get noisy

MonaCoin Price Pump Yields a 40% Gain

Why is MonaCoin pumping? Japanese cryptocurrency surges 85%

BNB the biggest gainer in top 10 after CZ's AMA, BTC holds above $9K

Market gains over $20 billion as BTC is fighting to get back above $11,000

2020 has so far been particularly positive for Bitcoin and the rest of the cryptocurrency market. Starting the year at around $7,100, BTC currently trades at almost $9,000, charting notable increases throughout the entire week. 

In the past 24 hours alone, Bitcoin gained another 3% to its value, increasing from around $8,650 to about $9,000 from where it retraced a bit and it currently trades at $8,900. 

BTC/USD. Source: TradingView Bitcoin’s total market capitalization has increased to $162 billion. However, its dominance has sized down to 66.1%, meaning that altcoins have managed to recover and to claim new grounds. 

Indeed, looking at how other cryptocurrencies besides Bitcoin performed, it’s rather clear that they are flourishing. All of the projects from the top 20 are in the green, charting serious gains throughout the entire week. The past 24 hours are no exception. 

Bitcoin SV is once again one of the best-performing altcoins, increasing by 10% throughout the past 24 hours. Others who marked serious gains include Binance Coin (9.14%), EOS, (8.84%), Bitcoin Cash (7.8%), and so forth. 

Total Market Capitalization: $245B | Bitcoin Market Capitalization: 162B | BTC Dominance: 66.1%

Major Crypto Headlines $3.2 Million ETH Stolen From UPbit Is Already Laundered: Report Claims. Following the hack of UPbit which took place in November 2019, it now becomes clear that $3.2 million from the stolen cryptocurrency has already been laundered. The report also claims that this happened by using small transactions in a lot of different exchanges. 

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Craig Wright’s Defamation Case Against Hodlnaut Reportedly Dismissed By UK’s High Court. Self-proclaimed Satoshi Nakamoto, Craig Wright, has reportedly seen his defamation case against popular Twitter user Hodlnaut dismissed. The merit for the order is the is lack of jurisdiction but the case will supposedly continue in Norway.  

Significant Daily Gainers and Losers Ethereum Classic (31.45%) Ethereum Classic (ETC) is undoubtedly the most significant daily gainer throughout the past 24 hours, at the time of this writing. Up 31.45% so far, ETC stands at a price of $10 and a total market capitalization of about $1.1 billion. More interestingly, ETC saw a surge in its 24-hour trading volume which is now more than $3.2 billion. 

MonaCoin (24.72%) MonaCoin is another altcoin that managed to impress in today’s trading session. It’s up about 24 percent in the past day alone, bringing its price to $1.22 at the time of this writing. MonaCoin now sits on a market cap of about $80 million and is the 61st largest cryptocurrency. In terms of 24-hour trading volume, MonaCoin stands at about $21 million. 

Swipe (-11.83%) Unfortunately, not all altcoins managed to increase with the rest of the market. Swipe is down about 11.8% and its price reduced to $1.30. The cryptocurrency stands on a total market cap of about $79 million and saw a trading volume of $14 million in the past 24 hours. 

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The past several days have been somewhat turbulent in the cryptocurrency space. Bitcoin, for instance, plunged to $9,400 on Monday, traded around $9,600 yesterday, and gained about $700 in the past 24 hours alone, before settling at $10,150 where it currently stands.

BTCUSD 1h. Source: TradingView On its way down, the significant support level of $9,400 stopped BTC. If Bitcoin is to fall again, $9,770 should be the first considerable obstacle now.

Alternatively, the $10,400-$10,500 resistance level continues to be a major thorn for bulls. The largest cryptocurrency attempted to break it on several occasions in the last few weeks but to no avail.

Most alternative coins are in the green against the dollar as well. Among the top 10 by market capitalization, Tezos is the most impressive gainer. XTZ’s positive movement is with over 11% to $3.65.

Ethereum and Litecoin are next; the former rises with 5% to $279, and the latter is up with 3.27% to $76.5. EOS and Binance Coin are increasing its value with approximately 2.3% to $4,56 and $24, respectively.

Contrary, BitcoinSV stands as the only currency in red among the top 15 by market capitalization. BSV drops with over 4% against the dollar to $302.

Cryptocurrency Overview. Source: coin360.com Total Market Capitalization: $294B | Bitcoin Market Capitalization: $184B | Bitcoin Dominance: 62.6%

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Almost $1 Million Of ETH Compromised Following Two Attacks On DeFi Protocol bZx. The popular DeFi protocol went through two consecutive attacks on February 15th and 18th. By manipulating the network, the perpetrator ultimately managed to extract a total net profit of over $900,000 worth of Ethereum.

Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services. Blocknox, a subsidiary of second-largest German stock exchange Boerse Stuttgart, is set to expand its cryptocurrency services. Along with providing custody for digital assets on an “escrow basis,” it will now serve institutional investors, as well.

Significant Daily Gainers and Losers ABBC Coin (28.15%) ABBC is the most significant gainer among the top 100 coins by market cap. It rises with over 28% against the dollar to $0.127. It also sees gains of almost 25% against Bitcoin and trades at 1268 SAT.

A few hours ago, the popular cryptocurrency exchange Bittrex added ABBC. So far, it provides one trading pair – ABBC/BTC.

DxChain Token (15.70%) DX is next with increases of 15.70% and 12.30% against USD and Bitcoin, respectively. Naturally, its market capitalization also notes a surge and is currently at $78.5 million.

In a recent blog post, DX was named as one of the top 10 best performing digital assets for 2019. It’s impressive run continues in 2020. DX Started the year at $0.000888, and it trades now at $0.0016, meaning an increase of over 75%.

MonaCoin (-10.14%) MONA pumped to $2.71 yesterday, and it seems to be retracing heavily today to $2.31. MonaCoin remains in the top 50 coins in terms of market capitalization, even though its own dropped below $152 million.

The situation against the largest cryptocurrency is similar. A 13% decrease and MONA/BTC trades at 22941 SAT.

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Posted: April 1, 2020

The cryptocurrency market has been consolidating after the market’s latest price rally. While not all coins sustained bullish trends, a few altcoins, however, were eyeing a potential move upwards in a bid to surpass previously breached resistances.

Litecoin [LTC]

In an effort to bolster Litecoin adoption, the Litecoin Foundation recently partnered with MeconCash, a partnership allowing fiat withdrawal at over 13,000 ATMs across South Korea.

The silver crypto recorded a decline of 0.02% over a period of 24-hours. At press time, LTC was priced at $38.86 with a market cap of $2.50 billion and a 24-hour trading volume of $3.20 billion.

Resistance: $63.37, $79.68

Support: $30.95

MACD: The MACD line was above the signal line, suggesting a bullish trend for the silver crypto in the near-term.

CMF: The CMF also pointed towards a highly bullish phase for Litecoin.

IOTA

The IOTA wallet hack and the subsequent decision of the Foundation to shut down the “coordinator” node on the network proved to be damaging for the coin. However, its technical indices at press time indicated a price revival in the near-term. IOTA was trading at $0.155, at press time, with a market cap of $432 million. The token was down by a significant 8.90% over the last 24-hours, while recording a trading volume of $10.63 million.

Resistance: $0.232, $0.292

Support: $0.107

Parabolic SAR: The dotted markers hovering below the IOTA price candles implied a bullish trend for the coin.

Awesome Oscillator: The green closing bars of the AO also aligned with the bulls.

MonaCoin [MONA]

This Japanese cryptocurrency was previously reported to have the highest spot transaction volume by Japan’s Virtual Currency Exchange Association [JVCEA].

At press time, MONA held a market cap of $77.52 and was valued at $1.18. The token registered a trading volume of $5.46 after a decline of 1.33% over the last 24-hours.

Resistance: $1.49, $1.93

Support: $0.742

Klinger Oscillator: The KO indicator underwent a bullish crossover, and this positive trend was seen to be in motion.

Relative Strength Index: The RSI was close to the 50-median, indicating an imminent upward trend and potential positive sentiment among investors in the market.

Most of market showing green today, Bitcoin pushing to get above $8,800