Business 15 March 2019

Gerald Fenech

Crypto market daily report – March 15, 2019

The cryptocurrency markets continued in static mode on Friday with very little movement either way, although there were some currencies which exhibited considerable changes overall. Bitcoin Core (BTC) was up by a mere 0.6% to the $3,880 mark and appeared to be flirting with the $3,900 level. Ethereum (ETH) was also up by around 1.7% to the $133 mark, although the changes here appear to be very slow indeed.

Other currencies in the top 5 also exhibited very little movement with the changes being of just over 1% or less. Ripple (XRP) remained flat at the $0.311 mark, whilst both EOS and Litecoin (LTC) were up by around 1.5% to the $3.55 and $56 levels respectively. Currencies which had posted strong gains this past week suddenly saw their value drop considerably, with Stellar (XLM) particularly suffering a drop of 6% to the $0.104 level.

There were a couple of exceptions though in the shape of Cardano (ADA) and NEO. The former was up by 5.5% to the $0.049 mark, whilst NEO was up by a more measured 4% to the $9.12 level.

Smaller market cap currencies had mixed fortunes although there was one notable exception in the shape of QTUM which had an incredible rise of 18% to the $2.50 level with turnover shooting up by a considerable margin. Bitcoin SV (BSV) kept its previous level of around $65 on the back of a 1% turnover, whilst IOTA was also in the green with an increase of 4% to the $0.297 level which makes it seem plausible that the $0.30 mark will be breached soon. Ethereum Classic (ETC) and BAT were also up by around 4% to the $4.37 and $0.19 mark respectively.

Other small market caps remained relatively on the same levels. VET was up by 2%, whilst ONT and ICX were static at the $0.98 and $0.325 level respectively. Binance Coin (BNB) was up by around 1% to just over the $15 level, close to its yearly high.

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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