Below average prices in January 2018

January marked a month of below average trading prices for Bitcoin, and the majority of Altcoins, after the soaring heights achieved in December. Some of the biggest flops came from some of the top coins, including Ripple (XRP), which climbed to a whopping $3 per coin on some exchanges before dropping back down to $1.20, proving that the markets are still very risky.

https://coinmarketcap.com/currencies/ripple/

Bitcoin mostly fluctuated between $10,000 USD and $13,500 USD range, being mostly bearish in the month of January as a flurry of new coins took to the market.

https://coinmarketcap.com/currencies/bitcoin/

With the decreased price of Ripple, Ethereum has moved into the 2nd spot as the 2nd highest market-cap coin, as it made slight gains in January, pushing it right behind Bitcoin.

It has shown a bullish price compared to BTC, as the push for Ethereum demand has increased due to the increasing number of Blockchain services provided by the coin.

The ETH price actually doubled in value from .05 to .1 BTC from the start of January to the end of January as Bitcoin receded.

https://coinmarketcap.com/currencies/ethereum/

If this trend continues, then it may be some time before Ethereum becomes the top coin.

Ethereum also continues to be a top choice for ICO listings, which can ultimately drive up the price.

https://coinmarketcap.com/currencies/litecoin/

Litecoin (LTC) remained relatively stable throughout January without too much fluctuation after bouncing from it’s high in December.

Ripple Markets Get Pumped

There is no doubt there are some heavy pumps on the markets as buyers all over the world are gobbling up the coins.

Many investors are on edge with the rise of the markets, especially some of the larger supply coins like Ripple, Lumens, and pretty much all the coin across the board as heavy worldwide adoption begins. Many investors are wondering whether to cashout or keep their coins for the long term in hopes of making even more profits.

Some of the top gainers on the day are:

SiaCoin
Digibyte
Stellar / Lumens
Bitshares

It seems like many investors are enjoying the Blockchain platforms and all the amazing capabilities to provide great tech services. Many different coins are tied to different functions, and allow for greater flexibility with smart contracts, and new trading.

While Bitcoin also gained a few hundred dollars in price over the week, many investors are questioning whether to diverge into the Altcoins like those listed above, as well as many of the other coins (over 600 altcoins are available for trading on all the different exchanges). Simply head over to Coin Market Cap to get a sneak preview of all the coins available for trading and try and make some good picks to get in on the profits!

So what is a good buy?

At this time, we have some independent analysts suggesting that OBITS continues to be a good buy given that it is a profit-sharing asset that is tied to the Openledger platform, as well as includes some stake revenues from some of the new coins being put forward later in 2017 and 2018 like AppX, and Hybrid, and many other tokens.

Some of the other picks lately have been Gnosis, Wings, and SkyCloud, which are slowly integrating themselves into various exchanges and becoming more popular.

So what is everyone thinking? Will Bitcoin break the $2000 USD price point in May? How about some other picks for top gainers? Did anyone think that XRP would ever hit 10 cents!?

Stay tuned for updates on new coins, prices, and more coin currency news in the next few days.

For a more in-depth analysis on the Ripple movement, check out this article from Hacked.

Bitcoin Prices Increase, Litecoin Gains

Plenty of action on the markets heading into this week with Gnosis going live on Poloniex and splitting a few times in price, and Bitcoin continuing it’s upward trend, indicating Bullish markets into the rest of the month?

Of course, right on it’s heels is Litecoin, which recently passed the $20.00 USD price point, and BTC is above $1500 USD, so the markets are starting to experience some of the upward pressure as a result of higher demand volume across the globe.

Other recent listings include the Wings Assets, and even though it is hard to believe, both XEM and Ripple are above 5 cents! Will Stellar Lumens join the penny club and make it above 1 cent?

The Globe and Mail has more on the reporting details about the demand for Bitcoin from Japanese investors, which will be sure to increase international interests.

Other than that, we are going to keep an eye on upcoming new coins, and all the news! If you have a story or comment, make sure to email or comment below!

#ETC, #BTC Charts

Some higher volume on Bitcoin has increased the price fluctuations ranging down from $654 last week to our current price point of $550, after going down $500 — making markets more volatile in the short term, and higher volume on Ether Classic may be contributing to higher margin fluctuations as exchanges wait for other exchanges to add ETC so the supply can be better worked.

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