The index of dominance of Bitcoin has reached annual maximum. What does it mean?

Date:

2018-08-09 15:15:05

Views:

3729

Rating:

1Like 0Dislike

Share:

The index of dominance of Bitcoin has reached annual maximum. What does it mean? Source:

The Share of Bitcoin in the total capitalization of the stock market reached its highest level this year. The last time this value was then when the coin reached its new record price level in December. About it writes .

the

popular of all cryptocurrencies

According to Coinmarketcap, Bitcoin now holds 48.6 percent of the total market capitalization. This is the highest index of dominance from December 20, 2017. Three days earlier, the cryptocurrency reached 19 783 dollars. As you can see, the coin is once again recaptured its dominant position, but the price level it to retain failed.

Over the summer, the Bitcoin time to renew your annual minimum and to jump above $ 8,000. A sharp jump in the value of the cryptocurrency associated with the news of the creation of the first ETF on Bitcoin. However, recently, the Commission on securities and stock exchanges of the USA the terms of their final verdict, so the coin down again.

Many experts argue that there is a high probability approval of the exchange triptofana, even though failed the Winklevoss brothers. Their arguments confirm analysts bullish news about futures Bitcoin largest network of US exchanges.

Ethereum and Ripple are not distinguished by any important pre-conditions to growth. Other altcoins also suffer a long decline. More details can be found in our . There communicate all the cream of kryptonsite.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Why yesterday fell Bitcoin? An explanation of the Russian expert

Why yesterday fell Bitcoin? An explanation of the Russian expert

more recently, have fallen below the key resistance level of 6800 dollars. Most Russian analysts tend to believe that the fall of cryptocurrency is associated with the long-awaited launch of the first ETF on Bitcoin. About it writ...

The court concluded the case in which Bitcoin recognized assets. Why is it important?

The court concluded the case in which Bitcoin recognized assets. Why is it important?

In late may, a Moscow court first accepted the cryptocurrency of the property — then the judge has included bitcoin in the bankruptcy estate of the debtor Ilya Tsarkov. Later the correctness of this decision confirmed the Ministry...

Tears in my eyes: analysts predict the solution at the ETF until the spring of 2019

Tears in my eyes: analysts predict the solution at the ETF until the spring of 2019

Today, the Commission on securities and stock exchanges of the USA (SEC) has again postponed a decision about the ETF VanEck and Solidx — this time until September 30. The reasons for the decision, the officials did not elaborate,...

What ASIC Bitcoin buy in 2018? Choose from miners Bitmain, Innosilicon and other manufacturers

What ASIC Bitcoin buy in 2018? Choose from miners Bitmain, Innosilicon and other manufacturers

ASIC — alternative mining-farms on the cards. Them produced coins that are no longer available to the owners of the GPU, and not spend time on the long process of collecting rigs. Today we will be acquainted with the five leaders ...

Growing by leaps and bounds. How much increase in the number of cryptocurrency ATMs in three months?

Growing by leaps and bounds. How much increase in the number of cryptocurrency ATMs in three months?

In the may edition of news that in the world installed about 3 thousand ATM machines that allow you to perform operations with cryptocurrency. Most of them at that time were installed in new York and Chicago, as well as in Austral...

The divorce of the century. As

The divorce of the century. As "capturadora" stole from the inhabitant of Khabarovsk territory of 100 thousand rubles

In may, the Muscovite police on suspicion of theft of 11 million rubles, the buyer of cryptocurrency. The accused took the money from a Bank cell where they put the buyer, however, coins the answer is not translated. Now a victim ...

Will have to wait: SEC has extended the date of consideration of the cryptocurrency ETF until September 30,

Will have to wait: SEC has extended the date of consideration of the cryptocurrency ETF until September 30,

the Commission on securities and stock exchanges of the USA has extended the deadline of the application for the creation of cryptocurrency ETF from VanEck, and Solidx. Team ETF is also stated that fully complies with all the requ...

Danger is everywhere: hackers use 200 thousand routers for covert mining Monero

Danger is everywhere: hackers use 200 thousand routers for covert mining Monero

In early July, a resident of Japan, whose name was not disclosed, a year in prison for posting on his website the script Coinhive. The latter allows you to use the power of user devices for covert mining Monero. This case was the ...

Tom Lee: Bitcoin will not disappear if you stay above key support levels

Tom Lee: Bitcoin will not disappear if you stay above key support levels

the Analyst does not see anything wrong with local adjustments of Bitcoin last week. According to him, the share of coins in total capitalization of cryptocurrencies is growing, and this is a positive sign for the bulls. About it ...

The danger to hontarov: Twitter operates a network of 15 thousand related bots

The danger to hontarov: Twitter operates a network of 15 thousand related bots

In late July, Twitter is the first step in the fight against scams that offer free to send cryptocurrency in exchange for a nominal transaction confirmation. The company then started to block accounts with the name Elon musk. How...

Pump it: manipulation of the crypts in the Telegram-chats brought 825 million dollars

Pump it: manipulation of the crypts in the Telegram-chats brought 825 million dollars

In mid-June, scientists from the University of Texas John Griffin and Amin Shams that market makers used the tokens Tether for artificial pampas of Bitcoin prices in 2017. The study indicated that a coin with a straight peg to the...

The future isn't here: most Russians know almost nothing about cryptocurrency

The future isn't here: most Russians know almost nothing about cryptocurrency

the Official status of cryptocurrencies and the ICO in Russia is not yet defined. It seems that many citizens don't really care. According to a study of the holding company «ROMIR», the Russians do not understand the pri...

Too late: exchange OKCoin refusing to give out Cash after a Bitcoin hard forks of Bitcoin

Too late: exchange OKCoin refusing to give out Cash after a Bitcoin hard forks of Bitcoin

the Chinese investor sued on the stock exchange due to the fact that the exchanger did not give him bitcoins Cash of Bitcoin after the fork. This trial became the first in China, the official procedure, which featured a Bitcoin Ca...

Top 5 most easiest ways to lose your cryptoperthite

Top 5 most easiest ways to lose your cryptoperthite

Bitcoin is probably the most reliable among all cryptocurrencies. And captainvalor still losing millions of dollars a year due to hacking, carelessness, and carelessness. have gathered 5 of the fastest ways to lose all of their d...

Decentralization in all: six important benefits of the blockchain that will change our lives

Decentralization in all: six important benefits of the blockchain that will change our lives

news of Angola Marita has excited even those who are far from the industry of cryptocurrency. For many people, a particularly egregious fact it seemed that the kidnappers demanded a ransom in Bitcoins. Therefore, ordinary people i...

Defrauded investors Sky Mining require the extradition of the leadership of the company

Defrauded investors Sky Mining require the extradition of the leadership of the company

thousands of people signed the petition for extradition CEO Li Ming Tama. According to the affected investors, There disappeared in the United States with 35 million dollars. About it writes . the the Fate of cryptocurrency scams ...

Bitcoin balances to 7 thousand dollars. What's next — fall or rise?

Bitcoin balances to 7 thousand dollars. What's next — fall or rise?

Over the last week fell by 15 percent. The price of bitcoin has dropped to a key support level, where there are only two possible outcomes — bullish or bearish. About it writes . Both scenario using econometric models attempted to...

Samsung was wrong. The experts refuted the statement about the security of mobile cryptocell

Samsung was wrong. The experts refuted the statement about the security of mobile cryptocell

In July, one of the employees of Samsung said in the blog about what cryptocurrency wallets on smartphones are the most advanced in terms of security. collected the opinions of other technical experts. They don't agree with the po...