Cryptocurrencies Market Overview - April 13, 2018

Today in the news:

  • Bitcoin's weekly rally surpasses 20% and all coins in the top 30 are green today :)
  • One of India’s biggest crypto exchanges has lost about 438 Bitcoins, allegedly due to a rogue employee.
  • The value of Bitcoin in payment channels on the Lightning network has passed 100K USD.
  • Bitcoin bull Tim Draper predicts Bitcoin will hit $250k in 2022.
  • And more crypto news below...

24 Hour Change

Realtime chart on my website CoinMarkets.today

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Bitcoin daily chart

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - April 13, 2018

Bitcoin Has Another Quick Spike as Weekly Rally Surpasses 20%

Bitcoin jumped suddenly for the second time in as many days, extending its weekly gain to more than 20 percent. The world’s most traded cryptocurrency climbed nearly $400 in the span of an hour on Friday to $8,175.
Read more: www.bloomberg.com

More sources about Bitcoin's price:

Ethereum (ETH) Making a Return, Price Shoots to $500

Ethereum (ETH) showed it was here to stay, and escaped the trading scenario with lows predicted below $300. Now, ETH reached $500 again as all altcoins are climbing against Bitcoin.
Read more: cryptovest.com

Other sources:

Indian Exchange Coinsecure Claims Insider Job in $3 Million Bitcoin Theft

Indian bitcoin exchange Coinsecure has disclosed a theft of 438 bitcoins, valued at over $3 million at press time, from its wallet in what is the country’s biggest cryptocurrency theft to date.
Read more: www.ccn.com

Other sources:

74 Beauty Clinics in Japan Now Accept Payments in BTC

This week the Japanese cryptocurrency exchange and payment processor, Bitflyer, announced its partnership with SBC Medical Group the parent company of the popular Shonan Beauty Clinic. The union between both firms means that 74 clinics nationwide will allow patients to settle their bills in cryptocurrency.
Read more: news.bitcoin.com

Bitcoin Price Will Hit $250k in 2022: Tim Draper Sets Prediction

Serial investor and Bitcoin bull Tim Draper has delivered his 2018 Bitcoin price prediction, telling an event audience the cryptocurrency will be worth $250,000 in four years.
Read more: bitcoinist.com

Samsung Is Building ASIC Chips for Halong Mining

Seoul-based multinational conglomerate Samsung has confirmed that it is providing ASIC chips to mine bitcoin, ether and assorted cryptocurrencies for hardware manufacturer Halong Mining.
Read more: bitcoinmagazine.com

Banking Giant SBI Subsidiary Joins R3 Blockchain Consortium

SBI Bank LLC, a Russia-based commercial bank owned by Japanese financial giant SBI Holdings, is joining the New York City-based banking consortium R3.
Read more: www.coindesk.com

XRP ‘100 Percent Not a Security,’ Ripple Claims

Fintech startup Ripple is pushing back against claims that its cryptocurrency, XRP, is a security under US regulations.
Read more: www.ccn.com

Other sources:

Mastercard Is Hiring More Blockchain Developers

Payment giant Mastercard announced Thursday that it was hiring 175 new technology developers, including blockchain specialists.
Read more: www.coindesk.com

Vietnam Toughens Measures On Crypto Amid Suspicion Of Biggest Scam In Industry History

Vietnam toughens crypto measures amid reports of an alleged $658 mln ICO scam, which would be world’s largest to date.
Read more: cointelegraph.com

Nine Japanese Crypto Exchanges Have Suspended Operations So Far

A total of nine cryptocurrency exchanges in Japan have suspended their operations so far. This includes the latest two, one of which was sanctioned by the Japanese financial regulator on Wednesday while the other voluntarily withdrew its license application.
Read more: news.bitcoin.com




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Verge has the highest gain, omg people will never learn.

Good info. Thanks for all the information

I make it a habit to look upon your blog to see some latest news about crypto. It is viewer friendly and can easily read through each. The statistics is easily understood even by a newbie in crypto. Thanks providing a value always @penguinpablo

As always it is great to have these news updates from you @Penguinpablo
Let them coming :)

When was the last time we’ve seen so much green? It’s going to be exciting to see what happens over the next few years when these types of moves can come in such a short period of time! Thanks for the update!

The future is incredible.

When Lambo?

true that, now we just sit back and relax.

Crypto prices mooning is a sight to see. Hope this upward trajectory continues.

I am amazed that big corporation like Samsung is now pushing to develop ASIC tech and products. There seems to be a huge demand for it. How much further until we see ASIC tech be obsolete and proof of stake/delegation is the way to go is still in question.

Yup there is something oddly satisfying about watching a green candle grow bigger and bigger on a chart really quickly... lol

I am happy with the investment that I made in bitcoin I think it will do well.

I am very glad everything is blooming again! Hope it will keep going up! Steem to the moon :)

yeah loves greenry in graph

Finally bitcoin came on the track..a great sign.

EOS is steadily climbing the rankings. When it launches in June it could well rocket!!

This has been a pretty good couple of days (so far) in the land of Bitcoin and all things crypto. Even my Binance account is covered in green! Will this last long? I think that we have been able to climb out of that 3 month long dip finally, but there might be a little more work to do before we see some nice big numbers. I think that by the middle of the summer into the fall we are going to be experiencing something enormous!

Love the baby pic :)

-Respect

Thanks for the update but I really need to stop looking at Crypto Prices.

On the one hand if I do not continue to follow the space I will miss the next big thing but on the other hand I hope that my whole Crypto portfolio rises in value over the next several years. It is a dilemma.

Need more etf options so that I can just put x$ in per month and forget about it using the coffee can investing approach. Haha.

Coinbase allows you to set weekly buys / sells, you'd just want to move the coins off to your own private wallet once a month or so

I try to think like a venture capitalist. I've tried trading, I've only lost money. But buying and hodling long term, that's what really makes you rich! Assuming your not invested in a total shit coin of course.

Thanks for sharing, upvoted and resteemed

Bitcoin is correlated with gold. When gold rises, digital gold rises as well.

folks are a number of bloody charts. We hold gotten shot especially strict in the month to court chart. I wouldn't be bothered to picture it last to contract achieve for an added month or two. I'm looking for nearly gains towards the side of the summer. We're in a consolidation chapter righteous at the moment and the after that wave up might join at uniform privileged prices. I set up on business weekly through the bottom of the year. Looking brazen to the surplus of 2018! gratitude for the update!

Those are some bloody charts. We have gotten hit really hard in the month to date chart. I wouldn't mind to see it continue to get hit for another month or two. I'm looking for some gains towards the end of the summer. We're in a consolidation phase right now and the next wave up could consolidate at even higher prices. I plan on buying weekly through the end of the year. Looking forward to the rest of 2018! Thanks for the update!

Also We Have To Remember Here John Mcafe Tweet Of btc hit 1M$ End of 2020

thank you for sharing your experience with us

I'm new here and I do not understand here, and I need friends.

I wish you good health always, success continues
thank you @penguinpablo

Great article and very informative, thanks for sharing. I've smashed the upvote button for you!

If you are looking to get hold of some crypto without investing or mining, look into https://www.crowdholding.com. They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.

Bitcoin needs to close above $9,200 to confirm an uptrend. The resurgence out of a falling wedge does NOT mean its a confirmed reversal. A break-out of a falling wedge can occur several times while making lower lows (while you keep adjusting the trendlines).

Basically it is not a reliable reversal pattern. Not to be a FUD spreader, but as soon as everyone starts saying the bull run is here and FOMO's, the whales will dump on you. I hope I am wrong BTW, but there is no CLEAR direction as yet!

Up is good 🚀🚀🚀🚀

this baby looking so nice..nice post..good job carry on

Beware of OTC sales of bitcoin to big money. Their purchases are not on exchanges so we cannot see the increase in volume...

Is it possible to know who is strong buying?
I mean, if buying action is concentrated in one or a few buyers?

It looks quite well for crypto today!

Upvoted and follow you. Please follow me back.

We can't confirm trend reversal until it crosses moving average red line.

If it successfully crosses red line then there is trend reversal.

Hmmm... I wonder how much my few Satoshis (from faucets) will be worth if Bitcoin gets to $250K.

Thanks for this post.

Gracias por la información buena grafica las crypto en recuperacio

Finally the companies will go to use the cryptocurrencies.
The currency is fluctuating.

I am new.
Please let me know my mistakes.

yes after 3 month bearish market , now almost all crypto's are in green.
Hope its not a bull trap but rather go on a bull run.
2 3 coins like eos , ont , omg already showed massive rally , wonder what coins will give big returns in no time now. please share your thoughts guys :)

It’s good this way, the Bitcoin will soon hit the sky, thanks
@penguinpablo for always keeping us abreast on new developments we appreciate your tremendous work so far. Best of regards

Thanks for this, I look forward to your stats each day.
Bit slower day than yesterday but still a good day, bullish all the way.

I just worked out the average % increase across all 121 cryptos on Binance. The mean was +2.73% for the last 24h

If we keep getting days like this I might be able to give up my job and live off my day trading a lot sooner than I thought.

To put it into perspective... Starting off with $2,000 to play with, if you managed to make 2% - 3% profit every day and you added all profits back into your daily trades, you would make well over a million in just 6 months. Thats crazy! HaHa God, I love crypto

I hope this is the end of downturn. I've been waiting with Not-selling so far to keep the amount.

Wow! All green! I love it! =D

Your charts are of very high quality. Do you design them yourself? Or do you use a certain software?

Question from a designer.

Thanks @penguinpablo it feels like we are nearing the end of this correction cycle. Here's hoping for new highs soon!

Thanks for the updates @penguinpablo.
The green market is bringing back hope to everyone who believes in Cryptos. I know some Steemians who are already losing hope. Enduring bear markets in the crypto market isn't really a business for everyone.
I believe after some corrections, the only place for the top cryptos to go is up!
Bitcoin at 250k in 2022 is very possible.

I hope Tim Draper is right, but I think making predictions of where Bitcoin will be as far away as 2022 is foolish. Make a prediction for where Bitcoin will be a year from now, that's more realistic. Maybe even try to predict 3 to 6 months out.

Those charts help analyze the cryptomarket and also bring some interesting thoughts. Thanks for sharing!

Very good post and thank you for sharing
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lucky to have you, thanks for the information, it's helpful!

Its very well written and informative for users of cryptocurrency . Here is a guide for tax on currency trading: https://www.dnsassociates.co.uk/blog/tax-currency-trading-forex-gains-binary-options-uk and Capitgal Gain tax on Silver and Gold Investment: https://www.dnsassociates.co.uk/blog/capital-gains-tax-cgt-on-gold-silver-investments-uk

Wow a whole 12 Bitcoins in the Lightning Network.

Thanks for the update.
It is useful and reader friendly.

Hey! I just followed and upvoted you :) follow back and we can help each other succeed @mahamlicious

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