Watch crypto prices live.
This article allows you to watch cryptocurrency prices live.
Crypto Prices Soar as Bitcoin Tops $11,000
Cryptocurrencies have enjoyed an incredible run this year, with some leading coins reaching all-time highs. Bitcoin, for example, has surged more than 1,000% in value so far in 2018.
Now, another top cryptocurrency is seeing massive gains as Bitcoin tops $11,000. Ethereum is up more than 35% in the past 24 hours, according to CoinMarketCap.
What's behind the Ethereum surge?
Some believe that the Ethereum surge may be related to a new development on the network. On Thursday, Ethereum developers announced a major update to the platform that could pave the way for more widespread use of smart contracts.
The update, called Constantinople, is a major undertaking that requires coordination between multiple teams working on different parts of the Ethereum platform. But if successful, it could dramatically increase the number of transactions that can be processed on the network.
So far, the update seems to be going well. Ethereum's market cap is now greater than that of Bitcoin Cash, which was once considered the leading alternative to Bitcoin.
Is Ethereum headed for another big surge?
It's too early to say for sure, but Ethereum's surge is certainly worth watching. If the update succeeds in boosting Ethereum's overall scalability, the coin could continue to see strong performance in the coming weeks and months.
Ethereum Price Flies Past $1,000
Ethereum price surged past the $1,000 level against the US Dollar early on Tuesday, May 8. The ETH/USD pair traded as high as $1,013.98 before settling at $1,007.51.
ETH/USD Technical Indicators
The Ethereum price traded above the $1,000 resistance level and the 100 hourly simple moving average. The ETH/USD pair gained momentum and traded above the $1,050 level. However, the price retreated and traded below the $1,000 support level.
Later, the ETH/USD pair moved above the $1,100 level and the 100 day moving average. The price moved higher and traded above the $1,150 level. However, the price declined and traded below the $1,100 level.
Looking at the 4-hour chart of ETH/USD, the price settled above the $1,000 level and the 50% Fib retracement level of the last drop from the $1,152 high to $1,007 low. The price is currently consolidating above the $1,100 and $1,150 levels.
Looking at the Ethereum price forecast for May 9-10, Ethereum price is expected to test the $1,050 level before rallying towards the $1,150 level. The overall trend is bullish, so long as the price remains above the $1,000 level.
Bitcoin Cash Surpasses $1,500
Bitcoin Cash has surpassed $1,500 for the first time in history. Bitcoin Cash is now trading at $1,521 on Bitfinex.
Bitcoin Cash surged past $1,000 last week and then surged past $1,500 this week. This is a major milestone for Bitcoin Cash as it proves that the network is robust and can handle high volumes of transactions.
Bitcoin Cash is now the fifth largest cryptocurrency by market cap. Ethereum is still the largest cryptocurrency by market cap, followed by Bitcoin, Ripple, and Bitcoin Cash.
Litecoin Nears $200
Litecoin, the world’s fifth most valuable cryptocurrency, is now worth just over $200.
The digital asset reached a new all-time high of $207.06 on Wednesday morning, according to data from CoinMarketCap.com. Litecoin has seen significant price growth in recent weeks, gaining around 20% in value since the beginning of the month.
Litecoin has been on a tear recently
Litecoin is now worth more than both Bitcoin Cash and Ethereum. The digital currency has seen significant price growth in recent weeks, gaining around 20% in value since the beginning of the month.
Bitcoin Cash, the world’s third most valuable cryptocurrency, is currently worth $213.06. Ethereum, the second most valuable cryptocurrency, is worth $223.06.
Ripple Continues to Rise, XRP Hits $0.50
Ripple continues to rise as its XRP token reaches $50. The digital asset is up more than 10% in the past 24 hours, according to CoinMarketCap.
Bitcoin remains the world’s most valuable blockchain-based currency with a market cap of more than $100 billion, followed by Ethereum with a market cap of $27.5 billion. Ripple’s XRP token has a market cap of more than $20 billion.
Dash Price Jumps to Over $1,100
Cryptocurrencies are in the news again as the price of Bitcoin surged past $1,100 on Sunday. Ripple also saw a large spike in value, with its price reaching $0.94 on the Bitstamp exchange.
Bitcoin is up more than 20% in the last week and has now increased by more than 50% in the last month. Many people are excited about the potential for cryptocurrencies to become a mainstream payment method, but there are also some concerns about the security of these digital currencies.
What is Bitcoin?
Bitcoin is a digital currency that was created in 2009. Bitcoin is decentralized, meaning that it is not subject to government control. Bitcoin is also anonymous, meaning that users can remain anonymous when spending bitcoin.
How does Bitcoin work?
Bitcoin works like other digital currencies: users send each other bitcoins using a peer-to-peer network. These transactions are verified by network nodes through cryptography. Bitcoin is also unique in that it has a finite supply: 21 million bitcoins will be created.
Monero Price Climbs Above $300
Monero, a cryptocurrency that focuses on privacy and security, surged past $300 on Wednesday, adding more than 10% in value in the span of 24 hours.
As of writing, one Monero is worth $309.47, according to CoinMarketCap.
The surge follows a string of positive news for the coin, including an announcement from Japanese financial services company SBI Holdings that it will begin trading Monero on its Tokyo-based exchange next month.
Meanwhile, a new study published Tuesday found that Monero is more anonymous than other cryptocurrencies like Bitcoin and Ethereum.
The study, conducted by academics at the University of Cambridge and the University of Toronto, analyzed 50 different cryptocurrencies and found that Monero was the most anonymous of them all.
NEM (XEM) Hits $1 as Japan Becomes a Major Market
NEM (XEM) is on the rise as Japan begins to show interest in cryptocurrencies. The Japanese yen is the world’s second most traded currency and is quickly becoming a major market for cryptocurrencies.
NEM (XEM) has surged by more than 50% in the past month, reaching a value of $1. The Japanese market is a significant factor in NEM’s growth, as the Japanese yen is the second most traded currency in the world.
NEM is a blockchain platform that provides a unique solution to the problems faced by traditional currencies. NEM’s blockchain is highly scalable and can handle a large number of transactions.
NEM’s technology can be used to create smart contracts and decentralized applications. NEM’s platform is also highly secure, making it an ideal choice for businesses that need to protect their data.
NEM has a strong team of developers and investors, including Japan’s largest bank, Mitsubishi UFJ Financial Group. The company is expected to release its new blockchain platform in March 2019.
NEM (XEM) is currently trading at $1.29
IOTA Reaches All-Time High of $5.50
On February 2, 2019, IOTA reached an all-time high of $50. This was a significant milestone for the IOTA project, as it represented a significant increase in value over the previous day.
IOTA has seen significant growth over the past few months, as the cryptocurrency has seen a significant surge in value. This has been largely due to the growing interest in IOTA as a potential replacement for traditional payment systems.
IOTA has a very strong potential for growth, as it offers many advantages over traditional payment systems. These advantages include the ability to conduct transactions without the need for a centralized authority, as well as the potential to create completely new ecosystems.
The IOTA project has a lot of potential, and it is likely that it will continue to see significant growth in the future.
