Monday, August 27: crypto markets have seen another recovery attempt, with all of the top 20 coins by market cap in the green, according to data from CoinMarketCap. After suffering a slump yesterday, crypto markets are back to green, with IOTA (MIOTA), Cardano (ADA), and EOS (EOS) seeing the biggest gains among the top 10 coins, while Bitcoin (BTC) has broken back above the $6,700 point. Most of the top ten coins are seeing only slight gains between 1 and 2 percent on the day. Market visualization from Coin360 The top cryptocurrency Bitcoin is trading at $6,744 at press time, up less than half a percent over the past 24 hours, but seeing weekly gains of about 4 percent. Top altcoin Ethereum (ETH) has experienced similarly modest growth today, with its price up just under one percent over the 24 hour period. Ethereum is trading at $275 at press time, up 1.5 percent over the past 7 days, but down a jolting 41 percent on the month. Ethereum 24-hours price chart. Source: Cointelegraph Ethereum Price Index Total market cap is showing growing momentum today, up from $214 billion at the beginning of the day to almost $219 billion at press time. Total market capitalization chart. Source: CoinMarketCap Of the top ten coins by market cap, IOTA is up the most with 8.3 percent growth, trading at $0.60 at press time. The altcoin’s price has surged over the past two days following recent news of IOTA’s partnership with Japanese tech giant Fujitsu, which stated that the partnership sought to “help roll out IOTA as the new protocol standard.” Major stablecoin Tether (USDT) is one of the only coins in red on CoinMarketCap out of the 20 top cryptocurrencies. Yesterday, Cointelegraph reported that recent issuances of the controversial cryptocurrency are not affecting the prices of either major coins or smaller altcoins at the moment, following previous allegations on “market manipulation” practices using Tether. Earlier today, Cointelegraph reported that Chinese tech giant Baidu was following the anti-crypto policies of Tencent and Alibaba, having closed at least two popular crypto-related chat forums. The move is another step in the unfolding events of anti-crypto measures underway in China. Also today, multiple Indian media reported that the country’s central bank the Reserve Bank of India (RBI) is planning to improve its knowledge of cryptocurrency and blockchain technology in order to “to check what can be adopted and what cannot.” The news follows RBI’s ban of servicing crypto-related businesses from April 2018. Read More Crypto Markets Keep Fluctuating: Most Top 20 Coins Back in Green, Bitcoin Above $6700 : https://ift.tt/2BRE2vdPartner By desimpul.blogspot.com The materials on Desimpul's website are provided on an 'as is' basis. Desimpul makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Desimpul does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its website or otherwise relating to such materials or on any sites linked to this site. In no event shall Desimpul or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the materials on Desimpul's website, even if Desimpul or a Desimpul authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you. Accuracy of materials The materials appearing on Desimpul's website could include technical, typographical, or photographic errors. Desimpul does not warrant that any of the materials on its website are accurate, complete or current. Desimpul may make changes to the materials contained on its website at any time without notice. However Desimpul does not make any commitment to update the materials. Links Desimpul has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Desimpul of the site. Use of any such linked website is at the user's own risk. Modifications Desimpul may revise these terms of service for its website at any time without notice. By using this website you are agreeing to be bound by the then current version of these terms of service.
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