[LIQUIDATED] Cryptopia Exchange Review | 2019 Mini Guide

What is Cryptopia?

Designed to fill a gap the market needs, Cryptopia is a somewhat different cryptocurrency exchange. It allows users to buy and sell their assets, but, unlike various other exchanges where transactions are taken care of by the exchange itself, Crypto proposes a new model where users can trade among them directly.

How it works?

Not only that, but this all-in-one exchange/trading site also allows anyone to buy, sell, and trade almost any object, product, or service using cryptocurrency, including gift cards. Traders are provided with the option of buying altcoins at whatever prices are being offered by other traders on the platforms, and also sell them at any price just as easily. An important aspect that must be noted is the fact that currencies can be transferred between users free of charge. This transfer passes through Cryptopia and not along the blockchain. Users are also provided with the option of setting up auctions, where cryptocurrencies can be transferred for real items and services.

Exchange Features

Cryptopia is the successful platform it is today mostly thanks to its unique proposition it brings to the market, but also thanks to its large range of features designed to cater to all users’ needs and wants. One of the most interesting (and potentially innovative) features of Cryptopia is the platform’s
Marketplace. It’s the place where users can buy, sell, and trade anything for cryptocurrencies. The Arbitrage is a unique information section where you can see the prices of coins listed on other exchanges. This feature is very useful for newbie users who want to make sure that their
decisions are as informed as possible.

Coininfo is yet another useful feature that provides instant, up-to-date information regarding more than 500 coins supported by the platform. Users can view information such as ratings, connection numbers, wallet status, listing status, and block height.

Paytopia is a service (or product) offered directly by Cryptopia, and it includes a wide array of promotional tools to help users create compelling listings. A surprising feature of the platform is the Lottery. With it, you can participate and win daily and monthly prizes. Lastly, we have
Mineshaft which is Cryptopia’s mining platform. It’s designed to work with multiple cryptocurrencies, and it supports the very best and most popular miners on the market. Best of all, it supports GPU and CPU mining as well.

Exchange Fees

Generally, there are two kinds of fees associated with Cryptopia: exchange fees, and withdrawal fees. The first type of fees depends on which particular currency is being transferred, while the second only applies when withdrawing NZD from an account. When withdrawing cryptos from a
Cryptopia to your wallet, users will have to play a transaction fee as well. Still, overall, the fees are relatively low.

Is Cryptopia Safe & Secure?

Cryptopia is regarded as being a generally secure platform by most within the cryptosphere. Cryptopia does not distribute any personal information it collects from its users. The platform makes use of an HTTPS security certificate, as well as two-factor authentication. At the end of the day, the best proof that Cryptopia is a legit, safe, and secure platform is represented by a large number of users it has.

Conclusion

In a market over-saturated of cryptocurrency exchanges, it’s impressive that Cryptopia manages to set itself apart by coming up with a different proposition. This peer-to-peer, all-in-one exchange supports over 500 cryptocurrencies and allows users to send and receive cryptos from other users without any transfer fees. It also offers a wide range of products and services. On the flipside, without proper research, not all users can get good value out of its offers. Furthermore, more seasoned traders and investors will find the platform to be lacking advanced trading features.

Article Produced By
Stingaciu Erick

https://theccpress.com/cryptopia-exchange-review-2019-mini-guide/

David https://markethive.com/david-ogden

Top 4 Reasons to not get Involved With Facebook’s Libra

A lot of people are keeping close tabs on Facebook’s new digital currency project.

Known as Libra, it will either change the world as people know it, or fail to make any meaningful impact. There are several reasons to not get too involved in this project right away, primarily because a lot of unanswered questions remain in place.

The Trust Problem Can’t be Ignored

There is a very big difference between using Facebook for social media purposes and trusting the company’s digital currency project. Libra, while maybe appealing to some people, has a lot of things to prove. The main question is whether or not this will cause even more trust issues between Facebook and its users. The company does not have a good reputation in terms of keeping private information private, after all. According to some people close to the matter, there will not be any trust issues. In fact, David Marcus claims how users will not have to trust the company in order to make full use of Libra. This sounds appealing on paper, but in the real world, it raises a lot of questions. It seems this business model will ensure Facebook acts as a custodian of user funds. However, if the company doesn’t need to be trusted, it will be interesting to see how much control the end users have when everything is said and done.

Political Concerns and Vulnerabilities

Perhaps the biggest drawback of Libra in its current form is how the development of this project has not received regulatory approval. In fact, the US Congress would like to potentially investigate this entire ordeal before it is even released to the public. There is also some concern this venture will pose a threat to the financial system, similar to how Bitcoin is treated in the United States. For the time being, the demand to delay the Libra launch is nothing more than an official request. That doesn’t mean an investigation will be launched, although things should become a lot more clear in the coming weeks and months. Some oversight regarding this digital currency would certainly bring more legitimacy to Facebook’s new venture. Leaving this new form of money unregulated could create very dangerous precedents for the future.

Thumbs Down From Experts

The public perception of Libra, as well as parent company Facebook, is not helping matters much. While some will claim everything has been blown out of proportion, it is often better to tread with caution rather than going in head-first. This is especially true when it comes to financial ventures in this day and age. As Joseph Stiglitz pointed out in a rather interesting post, this entire project gets the “thumbs down”. Since Facebook’s business model seems unclear, there is more than enough reason to be concerned. It is very difficult to create a digital currency with a fixed value, especially when multiple fiat currencies are involved. Stiglitz welcomes government scrutiny where this project is concerned, for rather obvious reasons.

Too Many Unanswered Questions

It is rather apparent Facebook has issues with transparency in every way one can imagine. Even when it comes to explaining Libra to the masses, there is still a lot of valuable information which has yet to be unveiled. Especially when it comes to the reserve holdings, potential interest returns, and the uncertain incentive system, a lot of crucial aspects need to be addressed fairly soon. As far as the governance model is concerned, things are not as cut-and-dried either. It is unclear how the battle lines will be drawn among council members, as those with more skin in the game will undoubtedly attempt to get their decisions put through by whichever means necessary. This can spell trouble for this project from day one, unless proper countermeasures are put in place to prevent shenanigans from happening.

Article Produced By
JP Buntinx

https://cryptomode.com/top-4-reasons-to-not-get-involved-with-facebooks-libra/

David https://markethive.com/david-ogden

How blockchain impact the healthcare industry in upcoming years?

Blockchain technology is considered as one of the most disruptive and important technologies

in the world. To innovate the functionalities, many industries are adopting the technology. Among these industries, healthcare industries are also adopting the technology. People are calling this technology “An answer to solve the looming problems of the healthcare industry”. But there is also a problem with blockchain in the healthcare industry that is in the health care industry blockchain will progress in slow motion. Experts are trying to explore the technology in this field and also implementing the various experiments to make it more adaptable by the industry. Let us try to know the impact of blockchain in the healthcare industry in the coming years with some predictions made by experts.

1. Effective and cost efficient
In healthcare industry data sharing in the form of patient records is considered as a very difficult process, but with the help of blockchain this process can be converted into the streamlined and hassle-free process. The technology plays an important role to make possible the cost-efficient, better diagnosis and the better cure methods for the various diseases. The technology allows the industries to work with the shared access so that one single data store can be accessed by the various authorized persons. You don’t need to make different copies of the data for different persons. This is the reason why blockchain analysis is known as the decrease in the cost of the business organization. Agility, uniformity, security and quality are some of the additional benefits of the blockchain.

2. Powerful monitoring
One of key problem to ensure stable and constant healthcare management network. As per the various experiments the blockchain development solutions permits the user for documentation of the transaction in the form of decentralized records. This also helps to enhance the precision and brings the transparent at the same time of saving the crucial resources like cost, time and efforts. In the healthcare industry information, blocks are used as the patient information records and can be shared with one another as per the requirement of the information. The criteria need a set of authorizations so that the authenticity and security of the system remain intact. If anybody can access the files of patients, then they can also misuse with them because, for healthcare, the security of the patient’s data is very important. So to manage all the things here, blockchain networks are considered as the best technology to save the data from unauthorized access.

3. Better Collaboration
The collaboration of the insights with the various parties is the vital healthcare trend for the success of any public and private healthcare institution. With the help of blockchain’s distributed ledgers, the collaboration process became easy and also cost-effective. To collaborate and group researches, the blockchain provides so many different innovative practices to do the same. This integration helps the officials to make a better decision on future policies implementation, and they can also check the progress in the organization. Do you know how it could help every organizational process? Single organization will not have private connection, whereas the bigger one or multi-level companies might suppose to have a private section for their client data.

4. A transparent and organized process
Healthcare is one of the crucial industries, and also it is very important to organize the processes and to make the processes transparent. Along with the high-security system is also very important to provide the users with accurate data with the limited access control according to their role in the organization. Blockchain technology is not only helpful in integrating the healthcare information but also to maintain the traceable records of the work and distributed data. At the backend, the public and private key are taking control of the security processes by removing the data leakages. It also helps to track the moments of drugs transportation from the producer to the patient. Apart from that, technology also helps to avoid the chances of counterfeiting.

5. Easy access and budget control
The connections of the level based authorizations and easy access to the researches providers. With the help of automation, a difficult task can also become an easy process. In the healthcare industry blockchain helps the users to extract the maximum benefit from the technology to decrease the cost. The technology works in different phases and levels to empower the users for easy access to the data. It also put an impact on human creativity and abilities to work and solve problems. Blockchain provides slice the processing facility to divide the tasks between the concerned persons to decrease their efforts to do the particular task.

6. Protection of crucial data
One of the major challenges of the healthcare industry is to keep data secure, and also they do not intend to share the private information of the patient with the outsiders. If the institutions store data in the form of files and hard disks, then the data can be difficult to prevent from outsiders attack. There are so many different risks on data like theft, hard disk crash, fire and other natural calamities. Blockchain is the process which stores the data on the cloud-based technologies which you will be capable of saving the data from any kind of theft and natural calamities. If you are thinking about the hackers, attack then blockchain provides enough security services to protect data from hackers attacks and leakages.

Conclusion
While blockchain is new to the healthcare industries, but it is assumed that with the proper exploration and implementation of the various features of the technology will make it the treasure for the healthcare industry. With the help of the streamline flow, multi-faceted protection and profitable system across the various levels of the Blockchain technology accurately handle the diverse challenges of the industry of the healthcare industry. It helps in extracting the best outputs from the data collection techniques at various levels.

Article Produced By
Muthamil Selvan

https://cryptoradar.org/how-blockchain-impact-the-healthcare-industry-in-upcoming-years/

David https://markethive.com/david-ogden

Recognizing Blockchain’s Potential, Some Politicians Now Calling For Crypto Bans

For many years leaders around the world dismissed cryptocurrency as lacking

any true value or legitimate use. This attitude was due largely to a failure to understand, or respect, its revolutionary nature. Now that mass adoption is underway, crypto cannot be ignored, and voices are now emerging calling for it to be banned. Although misguided, this hostility clearly reflects the realization that blockchain technology will inevitably lead to a radical restructure of the global economic framework. In May, U.S. Congressman Brad Sherman (D-CA) called for an outright ban of cryptocurrencies in the United States. This is the second time Sherman has made such a proposition. Last July he called for a law making mining and trading illegal.

What is notable about Sherman’s anti-crypto stance is his premise that blockchain assets threaten to undermine the global hegemony of the U.S. Dollar by creating borderless, supranational money that cannot be tracked or regulated. In other words, Sherman dislikes crypto because he has come to recognize its true potential. Gone are the arguments that cryptocurrency is a scam, or a ponzi scheme. Now it is being taken seriously as a legitimate alternative to the fiats issued by central banks. It is worth noting that Sherman’s primary campaign donors include UBS and Royal Business Bank as well as credit card processor Allied Wallet.

Russian parliamentarian Nikolai Arafiev is another politician seeking to ban cryptocurrency largely due to its disruptive potential. A senior member of the Duma, Arafiev has stated that crypto has the potential to destroy Russia, largely because it enables assets to be moved outside of the country, and without any state oversight. Specifically, Arafiev has stated:

“If cryptocurrency worked, we would be completely ruined today because all financial flows would be taken out of Russia. And Russia would end. Because cryptocurrencies were created to ensure that the state does not control the flow of capital.” These comments compliment those of Elina Sidorenko, a Duma official investigating crypto regulations, who earlier this year stated that Russia would not implement the digital currency for at least thirty years.

The harsh sentiments expressed by Sherman and Arafiev can also be found by leaders in other economically influential nations. Indian lawmakers, for example, are presently considering criminalizing crypto adoption with ten years in prison. At issue is, of course, the power held by states over how capital is created and used. The centralization of state-backed fiats in the 19th century, and the abandonment of the gold standard in the 1970s gave governments unprecedented authority to create wealth that has no backing by tangible assets.

The fact that global leaders are loathe to yield such significant power is not surprising. It is now clear that, for many, opposition to blockchain assets is rooted in the fact that they now understand just how powerful the technology is. Nevertheless, each passing day yields more evidence that fiat currencies will one day be replaced with this new form of wealth. Thus, rather than seek to criminalize it, these individuals would be better served respecting what it has to offer.

Article Produced By
Trevor Smith

https://www.crypto-news.net/recognizing-blockchains-potential-some-politicians-now-calling-for-crypto-bans/

David https://markethive.com/david-ogden

Keychain and Chubu Electric Power conduct verification testing on peer-to-peer trading that uses blockchain technology

On July 1, Keychain, a limited liability company which develops and provides Keychain Data Provenance Infrastructure (DPI)

blockchain-based data security technology, announced that it had conducted verification testing on personal authentication that uses blockchain technology, issuance of digital assets, and peer-to-peer trading using distributed ledger technology at the Technical Development Department (Midori-ku, Nagoya City) of Chubu Electric Power < securities code: 9502>.

The verification testing was designed for three-way trading among a digital asset issuer, users (about 30 users this time), and merchants. According to the announcement, Keychain performed the implementation process between late November 2018 and mid-April 2019, while about 30 employees of the Technical Development Department, Chubu Electric Power carried out verification testing between late April and early May 2019.

The three targets of verification testing were: (1) Verifying the effectiveness of Keychain blockchain as a personal authentication infrastructure; (2) Issuing of digital assets by Chubu Electric Power and verifying double transfer and falsification risks; and, (3) Verifying application of an Android app that can use distributed ledger technology for payments at a cafeteria, peer-to-peer payments, and other transactions. The company reported that verification testing verified blockchain technology functions as a personal authentication infrastructure; digital assets can be issued using distributed ledger technology; and, peer-to-peer trading can be conducted without causing double transfers or falsification.

Article Produced By
Fisco

https://bitcoinwarrior.net/2019/07/keychain-and-chubu-electric-power-conduct-verification-testing-on-peer-to-peer-trading-that-uses-blockchain-technology/

David https://markethive.com/david-ogden

Nasdaq Partners with CryptoCompare to Offer Institutions Access to Market-leading Cryptocurrency Data

CryptoCompare has announced today the launch of a cryptocurrency pricing product,

the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices, which will be available on the Quandl platform. LONDON, 11th June 2019 – CryptoCompare, the leading provider of cryptocurrency data and indices, and Nasdaq, a leading global provider of trading, clearing, exchange technology, listing, information and public company services, today announced a strategic partnership to launch a cryptocurrency pricing product, the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices. The product will be made available on Quandl, a Nasdaq owned leading-edge data platform and the premier source for financial, economic and alternative datasets.

The new product will enable institutional investors to monitor the nascent digital asset class and assess investment opportunities using a trusted data source. The Nasdaq/CryptoCompare Aggregate Crypto Reference Prices will enhance institutional capabilities in the cryptocurrency markets across trading strategy, quantitative research, risk modelling, NAV calculations, and back-testing. Based on CryptoCompare’s aggregate index datasets, the product will provide minute-by-minute pricing data for the most liquid cryptocurrency markets.

Charles Hayter, Co-Founder and CEO of CryptoCompare, said:

“We are delighted to partner with Nasdaq on a joint Aggregate Crypto Reference Prices product. Reliable data is the bedrock of transparent, liquid markets and by bringing our high quality, granular dataset to a global institutional client base, via the Quandl platform, we will give traders and investors a competitive edge.”

CryptoCompare’s datasets – spanning cryptocurrency trade, order book, historical, social and blockchain data – are the most granular in the industry and include historical data since 2013. The company also offers a family of cryptocurrency indices, white-labelled indices, and bespoke data products. By aggregating and analysing tick data from more than 150 globally recognised exchanges, and regularly reviewing these to ensure data integrity, CryptoCompare provides a unique, reliable and comprehensive overview of the cryptocurrency markets.

About CryptoCompare

CryptoCompare is the leading provider of cryptocurrency data and indices. Institutional and retail investors rely on the company for real-time, high quality data spanning 5,800+ coins and 270,000+ currency pairs globally. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the cryptocurrency market across trade, order book, historical, social and blockchain data. CryptoCompare is at the forefront of industry efforts to provide definitive datasets that can be relied on to make investment decisions. The company adheres to rigorous standards to safeguard data integrity and promote confidence in the market.

About Quandl

Quandl is the largest provider of alternative data for financial professionals. The company sources, evaluates, and productizes undiscovered data assets, transforming them into quantified, actionable intelligence for select institutional clients. With a customer base that includes the world’s top hedge funds, asset managers and investment banks, Quandl delivers financial, economic and alternative data to over 400,000 analysts worldwide. Quandl was founded in 2012 by Tammer Kamel and Abraham Thomas in part because of their frustrations with the limited data and primitive delivery systems that were available to them. Headquartered in Toronto, Quandl is owned by Nasdaq (Nasdaq: NDAQ), a leading global provider of trading, clearing, exchange technology, listing, information, and public company services.

Article Produced By
BitcoinerX

BitcoinerX is not responsible for the views expressed in this article. Readers are advised to perform their own due diligence before purchasing or investing in any product or service and agree that they carry full responsibility for their decisions. This article is not to be considered investment advice.

https://bitcoinerx.com/press-releases/nasdaq-partners-with-cryptocompare-to-offer-institutions-access-to-market-leading-cryptocurrency-data/

David https://markethive.com/david-ogden

Best Places To Buy Litecoin in 2019

Litecoin is a cryptocurrency in focus.

The fifth-ranked cryptocurrency has been on a bullish run since the start of 2019. By the time of writing this article, Litecoin was trading at $135.60 with a market capitalization of $8,458,349,031. The rising value of Litecoin can be tied to the upcoming August halving. In most cases, digital assets usually perform better towards the halving event. In the forthcoming halving event, Litecoin’s miner rewards will decrease by half from 25LTC to 12.5LTC. Litecoin’s halving usually occurs every four years after 840,000 LTC blocks. This means that we have pressure on the price due to the impending Litecoin supply drop. Technically, Litecoin has similarities with Bitcoin. However, Litecoin is quicker and cheaper. Developers designed Litecoin as a ???r-t?-???r ?r??t??urr?n?? ?nd open ??ur?? software project. Since Litecoin is a perfect cryptocurrency for investment, there are places where you can purchase the asset.

Binance

Binance is among the leading and fast-growing cryptocurrency exchanges around. The exchange offers support for several cryptocurrencies, including Litecoin. Other popular assets on the platform include Bitcoin and Ethereum. To buy Litecoin on Binance, you need to create an account with the platform first. The registration is straightforward, and you need your email, username, and a strong password. You can create the account through the website or the mobile application available on Android and iOS devices.

With an activated account, you need to deposit funds so that you can buy Litecoin. Binance allows users to deposit funds using Mastercard and Visa credit/debit cards. You will then be required to enter the purchase amount of Litecoin. You can pay using the US dollar or Euro. Note that cryptocurrency purchases by credit card are limited to BTC, ETH, and LTC. This process takes between 10-30 minutes. For more on this process, read our guide here. You can also deposit by sending funds from a separate cryptocurrency wallet into your Binance account. You will then place a trade which you can exchange with Litecoin. Binance offers a 50% discount for day traders if they use BNB coins. Binance Coin is the native asset of the exchange that powers activities. You will enjoy a unique fee structure like the 0.1% standard trading charge. This fee can be reduced further if you pay your trading charges in BNB.

Coinbase

Coinbase is the most popular cryptocurrency exchange with a good user base. This American based exchange supports the buying of Bitcoin, Ethereum, and Litecoin. Just like Binance, Coinbae allows users to purchase Litecoin using Visa/MasterCard credit and debit cards. Buying Litecoin on Coinbase is a straightforward process provided that the exchange is available in your country. At the moment, Coinbase is available in about 30 countries.

To get started, you need to create an account with Coinbase. You will verify your account through ID authentication and navigate to the payment methods page. Add your payment method and select the debit/credit card. You will then log into your card’s account and note the amount of those transactions. Lastly, enter the amounts transacted into Coinbase. From here, you will see a window “Credit/Debit Card Added” and a Buy Digital Currency button. You can buy Litecoin, using the Buy/Sell page through your card. To purchase Litecoin, go to the Buy/Sell tab and enter the amount. You will then select a card from the payment method’s drop-down menu. Lastly, confirm the order is correct and click Complete Buy. You will then have your Litecoin in your Coinbase wallet.

Kraken

Kraken is among the oldest cryptocurrency exchanges from the United States. The platform’s services are also available in Europe. The exchange supports Litecoin, Bitcoin, Ethereum, Monero, among others. To buy Litecoin on the exchange, you can first deposit funds through the five supported five fiat currencies i.e., USD, GBP, JPY, EUR, and CAD. You can deposit the funds through SEPA or wire transfer at a fee. However, Canada domestic wire transfers are free. You can check all deposit fees here. The exchange is working towards enabling deposit through credit and debit card. It is essential to bear in mind that all deposits are based on your account level. In most cases, the Kraken account verification process usually takes some time. Additionally, wire transfers can take between 1 to 2 days. Although CAD wire processing is typically 1-2 business days, the exchange gives an allowance of up to 5 business days for funds to settle. This is due to traditional processing speed outside of Kraken’s control. Kraken has the two-factor authentication feature; email supports a master key for recovery.

KuCoin

KuCoin is another leading cryptocurrency exchange with a wide range of supported assets. The platform supports Bitcoin, Ethereum, Litecoin, among other assets. Popular stable coins on the platform are USDT, USDC, TUSD, PAX, and DAI. The exchange has also issued its own token called KuCoin Shares (KCS). To buy Litecoin, you need to create an account and undergo all the verification processes. Recently, KuCoin partnered with Simplex to re-enable users to purchase cryptocurrencies using Visa and MasterCard credit cards. You can purchase Litecoin, Bitcoin, Ethereum, and XRP with both USD and EUR. You can buy Litecoin through trading other assets. The most suitable cryptocurrencies to deposit are Bitcoin and Ethereum. They both have trading pairs with the vast majority of cryptocurrencies, including Litecoin. To make your deposit, go to the navigation bar at the top of the website and click Assets then Deposit and select Bitcoin or Ethereum. KuCoin will provide you with a deposit address for the cryptocurrency you selected. Copy the address and send the amount from your preferred wallet. Once the deposit has been confirmed, the amount will display in your deposit section.

In the next stage, you will need to place a Litecoin order. For example, if you deposited Bitcoin, you will select the BTC market and search for LTC. The LTC/BTC trading pair should appear. After clicking on the trading pair, a price chart will appear. You can place your buy order on the right side of the chart. Note that to proceed with your order, you’ll have to insert your six-digit trading PIN password. If you want to buy LTC when it reaches a specific price, use the Limit order. If you’re going to buy LTC at its current rate, click on the Market tab and enter the amount of LTC you wish to purchase. The order should be executed instantly. Note that if you’re planning to trade different cryptocurrencies, purchase some KuCoin Shares first. With the shares, you will get some benefits like a 30% trading fee discount in addition to an award incentive bonus.

Conclusion

Litecoin is a cryptocurrency worth investing in. The bullish run means that the asset is attracting more investors. There are various ways of buying Litecoin. However, the highlighted exchanges are ideal for buying Litecoin. The exchanges come with a sense of reliability and security as they have a good reputation in the market. However, it is essential to note that storing Litecoin in an exchange wallet can be very risky. These wallets are susceptible to hacking. It is advisable to store your assets in a cold wallet.

Article Produced By
Amisi Paul

https://zerocrypted.com/best-places-to-buy-litecoin-in-2019/

David https://markethive.com/david-ogden

Cryptocurrency market update – Wounded bulls are in a tactical retreat

Cryptocurrency market update - Wounded bulls are in a tactical retreat

Cryptocurrency market update – Wounded bulls are in a tactical retreat

The cryptocurrency market is losing ground, controlled by bears.
Bitcoin, Ethereum are still deep in red on a day-on-day basis.

The cryptocurrency market lived through another bloody red day as Bitcoin and all major altcoins are nursing significant losses ranging from 1% to 7%. The total capitalization of all digital assets in circulation dropped to $303 billion from $320 billion on Monday, while an average daily trading volume reduced to $86 billion from $90 billion this time on Monday. Bitcoin continued losing its market value, which is now 60.3% from over 63% registered in the previous week.

Top-4 coins price overview

Bitcoin (BTC/USD) settled above $10,000 handle after a short-lived collapse to $9,977 on Monday. The first digital asset is one of the worst performing coins out of top-20, with nearly 7% of day-on-day losses. A failure to recover above critical $11,000 may spell disaster for Bitcoin bulls and create an environment for a deeper downside correction.

Ethereum, the second largest digital asset with the current market capitalization of $30.60 billion, has lost over 3% of its value on a day-on-day basis. After a failed attempt to recover above $300, the price has settled at $288, within a whisker of the intraday low. ETH/USD is driven by the bearish sentiments that gripped the market, which means that the selling pressure will not subside in the nearest future.

Ripple's XRP clinches to $0.40 handle. The third largest digital asset with the current market capitalization of $17.0 billion has lost over 2% since the beginning of the day, and 3% on a day-on-day basis. At the time of writing, XRP/USD is changing hands at $0.4008, having recovered from the intraday lows of $0.3981

Litecoin (LTC/USD) is exploring territory below $120.0. The fourth largest coin with the current market capitalization of $7.3 billion managed to recover from the Asian low of $117.64, though its price is still 5% lower from this time on Monday. LTC/USD is moving in sync with the broader market.

Tanya Abrosimova

FXStreet 24 minutes ago

David https://markethive.com/david-ogden

John McAfee Announces a Magical Competition For Crypto Traders

John McAfee, an eccentric crypto fan announced a unique competition for crypto traders and enthusiasts.

The competition is named World Trade Competition and will be held in three stages – weekly competition, quarterfinals, and Word Trade Finals. The competition is organized by collaboration between World Trade Cup and McAfee Magic. According to a recent tweet participants can earn about $100,000 worth Ethereum in prizes.

This competition will provide an opportunity for traders to showcasing their trading skills, and the most successful ones shall win the competition. And the interesting part is that the best trader in the competition will get a chance to win McAfee, along with his team. Recently, McAfee launched a cryptocurrency trading platform, named “McAfee magic”. The website is a new, revolutionary, cryptocurrency trading platform allowing users to “trade cryptocurrencies on multiple exchanges within a single dashboard, automatically and manually.”

How to participate in the competition?

Register & Sign Up

Initially you need to register and create an account. Once registration is done, sign up for weekly tournaments on McAfeeMagic.com. However, all tournaments are FREE to enter and you can participate every week until you win becoming a Pro Trader.

Compete to Win Prizes

Participants can compete in a FREE weekly crypto trading competition hosted on the Practice Mode feature of McAfee Magic. All traders compete for 5 days and start with equal funds. Weekly winners can step forward to Quarter Finals where they can have a chance to win the Annual World Trade Cup.

Pro Trader Position

Only tournament winners are awarded Pro Trading Shadow positions on McAfee Magic. Winning the World Trade Cup Tournament will show the world you are the best crypto trader!

The prize distribution is as follows:

Crypto traders, here’s your chance to show the world you are pro in trading! Enter for free and Win amazing prizes with Magical Opportunities!

Article Produced By
Nidhi Kolhapur

Nidhi is a passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

https://coinpedia.org/news/mcafee-magic-world-trade-cup-competition-for-traders/

David https://markethive.com/david-ogden