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Asian Cryptocurrency Trading Roundup: Top Altcoin is TRON
Another flat day starts in Asia as the bulls and bears are still in stalemate and the markets cannot gain traction in either direction. The total market capitalization is still hovering around $300 billion though the threat of a drop further still looms. Bitcoin has not moved from its level at just below $8,000 and altcoins have been lack luster for a few days now. The one showing the strongest gains in the top 25 this morning is Tron. As reported by Coinmarketcap, TRX is trading 10% higher on the day. This often controversial altcoin is currently trading at $0.048...
IOTA: Weekly Price Analysis
IOTA is the tenth largest cryptocurrency in terms of market capitalization. While a few coins in the top 10 are attempting to recover from their recent lows, IOTA continues to struggle. The ugly spat between the IOTA team and a group of external security researchers is not helping matters either. Some believe that the IOTA founder and his team handled the whole episode immaturely, raising questions on the capability of the team to take the project further. Nevertheless, IOTA’s price has not slumped, which shows that the investors have not given up on the team completely. Sponsored Now, let’s look at the technical picture of...
Bitcoin Demand in South Korea Rises as Trade Volume Hits Monthly High
As demand returns to the markets South Korea is once again leading the way for trade volume. Bitcoin recorded a monthly high trading volume on exchanges in the country as fears of clampdowns subside and confidence returns to the crypto markets. Local media reported that domestic Bitcoin trading volume reached a maximum value in the month following the holiday season. Over $250 million has been traded in BTC on South Korea’s leading exchange Bithumb in the past 24 hours. New Bitcoin Trade Volume High The recorded volume on the 19th was the largest in a month indicating a steady return to crypto trading...
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