Hey, fellow Steemians and Crypto Lovers!
I am bringing some more content to the table regarding Cryptocurrencies, I am hoping to provide you with a daily overview of the Markets and just a brief explanation of whats going on, I hope it brings you value and some understanding, maybe I might flag something important or helpful for you.
FEEDBACK IS WELCOMED
Please let me know what you guys think and anything I can improve on too, of course, there is always room for improvement 😉
So let's start with the Coin Market Capitalization - Yesterday we saw it was sitting higher at 423 Billion Market Cap and today the Bitcoin has dropped considerably more and most of the Coins are in RED, now the Market Cap sits at 349 Billion nearly 80 Billion less in the Market
TOP GAINERS AND LOSERS (24HR)
Below we see the Top 8 Coins who gained over 10% in the last 24 hours, here is the direct link to check out the Winner and the rest you can find on Coin Market Caps website
And here is the TOP 8 Losers who lost over 30% in the last 24 hours, here is the direct link to check out the Biggest Loser and the rest you can find on Coin Market Caps Website
This is just for extra research to see what the Winners and Losers are doing, you can learn from this by tracking their most recent News Updates, Announcements or future changes, this can fluctuate the price of the Coin that's why it's good to know what you are looking for and how to spot it from these fundamental factors.
TOP 30 COINS
All the coins in the TOP 30 are in Red today so it's not a good day for the majority of people and as we move into a fresh week, nobody really knows where price is going near term, the pattern is a downtrend at the moment but for how long?Check out my PREVIOUS POST showing you Bitcoins Historical Losses
POSITIVE NEWS IN THE CRYPTO WORLD
We have seen so far that it is being accepted more all over the world as "Peach" becomes the first Airline in Japan to accept Bitcoin, this GREAT news just legitimizes cryptocurrency more and when one does it the rest will follow in their footsteps. Good Job JAPAN 👍🏻 Source
And FOOTBALL team makes HISTORY, the first ever football club in Turkey to sign a player and pay using Cryptocurrency (Bitcoin.) Harunustaspor has used cryptocurrency to sign Omer Faruk Kiroglu for 0.0524 BTC (£386), plus 2,500 Turkish Lira (£467) - making the full deal 4,500 Turkish Lira (approximately £850). I think I like FOOTBALL now ⚽️ Source
And even South Korea have some positive feedback for Cryptocurrency and Blockchain Technology. The South Korean Finance Minister, Kim Dong-Yeon believes that Blockchain can "Revolutionize the globe" this comes after a time when South Korea banned the use of Cryptocurrencies and regulations on Exchanges in South Korea.
So it's not all bad after all 🇰🇷 Source
So ending on a high note with some Positive Crypto News, it shows that even though the price has taken a dip we are still improving worldwide, the MOON is still the target for Bitcoin, the Rocket just needs some extra fuel.
Great post!
Thank you @loateam glad you liked it