The total cryptocurrency market cap nears $150 billion as Bitcoin is creeping towards $4,500 once again. Mind the low volume on the Bitcoin chart below though. This might suggest the bullish move lacks strength.
Welcome to my Cryptocurrencies Markets Overview for Monday, October 02, 2017.
24 Hour Change
7 Day Change
Month-to-Date Change
24 Hour Volume
Market Capitalization
Bitcoin Daily Chart
Mind the low volume. This might suggest the bullish move lacks strength.
Feel free to use and share my charts, but please mention me as the author.
Latest Crypto News - October 02, 2017
Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter
Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges.
Read more: zerohedge.com
Bitcoin Exchange BTCC Brings Chinese Trading to a Close
BTCC, an international cryptocurrency exchange with headquarters in China, has announced it has ceased all domestic trading activities.
Read more: coindesk.com
Chinese Bitcoin Exchange OKEx Hacked For $3 Mln, Police Not Interested
On Aug. 28, a user reported that his OKEx account was logged in by a German IP and participated in BTC-ETC trading. The hacker sold all the Bitcoins and canceled all the pending orders within one hour.
Read more: cointelegraph.com
NEO Price Surge Continues as Value Surpasses $37
It almost feels as if the NEO price is trying to set a new high every single day. Whenever a cryptocurrency goes up in value by a lot over the course of a few days, it will eventually come down again. For NEO, that has not happened just yet, even though that may only be a matter of time. Right now, the NEO price is $37.19, which represents another 12.64% increase over the past 24 hours. Whether or not we will see $50 soon, remains to be seen, though.
Read more: themerkle.com
Bitcoin Lines Up with Mainstream Investment
An unofficial poll showed Bitcoin has support among financial news readers. The poll, started by CNBC.com, showed around a fifth of respondents believe Bitcoin will outperform other assets in the last quarter of 2017.
Read more: cryptovest.com
US Wants Bitcoin Operators to Apply for Bank Status
The US government is open to integrate cryptocurrency companies, exchanges and trading platforms into the country’s banking industry as of late September 2017. Under the plan, the cryptocurrency players will be regulated by the US Department of the Treasury’s Office of the Comptroller of the Currency.
Read more: cointelegraph.com
Sweden Poised to Become Leading Scandinavian Cashless Society through Bitcoin
Sweden is fast-moving to follow through on its plans to become the world's first cashless society. While this is seen as a good sign for digital currencies on a new progressive frontier, it brings issues, such as privacy concerns, when every transaction is surveyed. Nevertheless, the country is still rooting for Bitcoin as the answer to provide anonymity similar to the traditional cash system.
Read more: cointelegraph.com
A Timeline of National Regulatory Warnings on ICOs
The rise of ICOs has drawn the attention of regulators across the world in the Last 3 months. Here is a timeline of regulators statements on ICOs.
Read more: cryptovest.com
$150 Billion: Bitcoin Price Rally Leads Markets Closer to All-Time High
The bitcoin price continued to rally on Monday, and it carried the total cryptocurrency market cap past another significant threshold. Bitcoin now appears poised to challenge the $4,500 level, while ethereum maintains its position above $300 as it awaits the upcoming Metropolis protocol upgrade.
Read more: cryptocoinsnews.com
Dubai Will Issue First Ever State Cryptocurrency
The local government in Dubai has officially launched its own cryptocurrency called emCash, according to announcements by local news media outlets. The cryptocurrency would be used for payment of governmental and nongovernmental services.
Read more: cointelegraph.com
Really good information as always. It seems BTC is struggling to gain support for a move higher. The market as a whole has been sluggish and unsure. I was hoping we'd get more of a bump from the Goldman Sachs news, but it seems to have went largely unnoticed.
Thank you for putting in the time to do this. It was very informative and easy to read. I was able to gather much helpful information in a minute or two. That was very valuable to me, I upvoted.
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Noted on the low volume of BTC despite its increase in price. I'm still in cautious mode and I believe most traders are too. This is based on the prices of most other coins - unlike BTC, they have not made a notable rebound. With the exception of NEO.
I've been nibbling on a few coins which show some promise. Like Verge and DigiByte. However, I'm also hedging by selling some BTC for USDT (Tether). I'm waiting to see the other coins show more strength first before I change the USDT back to BTC.
Thank you!
It is easy to read!
What programme do you use to make such good infographics?
Is a good post and a better analysis for the market, wow bitcoin 45.62 % to diference of Icos the bitcoin is more strong ever it going to $5,000 of new
good information of the market cryopto
Low volume does tell me that we should not break out 5k just yet but might see below 3k first on BTC.
@penguinpablo This is off-topic but is there a glitch going on with your steemnow app? I'm getting an error message.
Peace.
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