Business 13 March 2019

Gerald Fenech

Crypto market daily report – March 13, 2019

The cryptocurrency markets showed a slight recovery on Wednesday with most coins in the green and showing positive movement. Bitcoin Core (BTC) was up by around 1% to the $3,870 mark although turnover was quite low compared to previous days. But the real star of the show was once again Binance Coin (BNB), which demonstrated an impressive 7% rise to the $15.25 mark—another high for 2019. There seems to be little explanation for this constant rise for the coin but it could be due to the constant new listings which are having a considerable effect on the variety of Binance crypto exchange’s offerings.

Ethereum (ETH) was stable at around $132 and this second largest market cap currency seems to be going the way of Ripple (XRP) which is consistently stuck at the $0.31 level with very little movement either way. EOS was up by around 3% to the $3.60 level, whilst Litecoin (LTC) also began another charge forward towards the $60 mark with a 4% rise over the $56 level. Stellar Lumens (XLM) was another coin which showed a good movement upward and consolidated its price at over the $0.10 level.

Other coins with smaller market caps showed some movement although not all was positive. Bitcoin SV (BSV) remained stable at the $65 level, whilst ONG showed an impressive 11% gain. NEO was up by 3% to the $8.87 mark, whilst Ethereum Classic (ETC) was up by 2% to the $4.25 mark. WAVES was up by 5.7% to the $2.75 level, whilst NULS registered an impressive 11% increase to the $0.53 mark. Bitcoin Cash (BCHABC) demonstrated a 1% increase to the $128 level, whilst ICX also saw an impressive increase of 7% to the $0.34 mark. Cardano (ADA) continued building on its recent rises and was up by around3% to the $0.047 level, whilst TRON and BTT went the same way with a 2% increase.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.

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