Trading Signals

Crypto
8/2/18 4:29 pm
Rockefeller, Soros, and Rothschild money entering the cryptocurrency space....it sounds like regulations might be getting a bit more lax
Ripple
8/2/18 4:29 pm
Ripple exhibiting at the Sibos Conference in Sydney October
Ripple
8/2/18 4:29 pm
World bank president talking about Alipay and 3 second transfer speed
Ripple
8/2/18 4:29 pm
Apples new update supports Ripple Interledger Protocol for payments standard

Today in crypto: LTC compatible with blocknet protocol, ETH futures launch

<iframe width="100%" height="300" scrolling="no" frameborder="no" allow="autoplay" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/443681985&color=%23ff5500&auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false&show_teaser=true&visual=true"></iframe>
Published on
May 14, 2018
under
Daily News

24 hour coin movements summary

Ripple (XRP) has had the greatest price increase over the past 24 hours, increasing 8.37%, followed by Ethereum at 7.63%. The smallest increase came from Bitcoin Cash, at 2.62%. As for the volume change over the past 24 hours, all five coins experienced a decrease. The greatest decrease came from Bitcoin Cash, falling 35.84%. Litecoin has the smallest decrease in volume, dropping 6.24%.

Bitcoin (BTC) past 24 hour movements

Bitcoin's current price as of 9am AEST was US$8,756.46. This is an increase of US$242.91 (2.85%) over the past 24 hours. Its 24 hour volume was US$5,893,130,000. This is a decrease of US$940,500,000 (-13.76%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>BTC</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$8,756.46</td><td>2.85%</td><td>$242.91</td><td>$5,893,130,000</td><td>-13.76%</td><td>-$940,500,000</td></tr></tbody></table>

Sources: CoinMarketCap, HiveEx.com

Ethereum (ETH) past 24 hour movements

Ethereum's current price as of 9am AEST was US$737.14. This is an increase of US$52.25 (7.63%) over the past 24 hours. Its 24 hour volume was US$2,372,100,000. This is a decrease of US$295,140,000 (-11.07%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>ETH</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$737.14</td><td>7.63%</td><td>$52.25</td><td>$2,372,100,000</td><td>-11.07%</td><td>-$295,140,000</td></tr></tbody></table>

Sources: CoinMarketCap, HiveEx.com

Ripple (XRP) past 24 hour movements

Ripple's current price as of 9am AEST was US$0.75. This is an increase of US$0.0582 (8.37%) over the past 24 hours. Its 24 hour volume was US$531,484,000. This is a decrease of US$64,774,000 (-10.86%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>XRP</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$0.75</td><td>8.37%</td><td>$0.0582</td><td>$531,484,000</td><td>-10.86%</td><td>-$64,774,000</td></tr></tbody></table>

Sources: CoinMarketCap, HiveEx.com

Litecoin (LTC) past 24 hour movements

Litecoin's current price as of 9am AEST was US$146.17. This is an increase of US$3.94 (2.77%) over the past 24 hours. Its 24 hour volume was US$386,414,000. This is a decrease of US$25,723,000 (-6.24%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>LTC</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$146.17</td><td>2.77%</td><td>$3.94</td><td>$386,414,000</td><td>-6.24%</td><td>-$25,723,000</td></tr></tbody></table>

Sources: CoinMarketCap, HiveEx.com

Bitcoin Cash (BCH) past 24 hour movements

Bitcoin Cash's current price as of 9am AEST was US$1,500.93. This is an increase of US$38.27 (2.62%) over the past 24 hours. Its 24 hour volume was US$930,837,000. This is a decrease of US$519,993,000 (-35.84%).

<table class="custom-table custom-table--non-responsive js-tablesorter"><thead><tr><th>BCH</th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td>Price USD</td><td>24hr change %</td><td>24hr change</td><td>24hr volume</td><td>24hr volume change %</td><td>24hr volume change</td></tr><tr><td>$1,500.93</td><td>2.62%</td><td>$38.27</td><td>$930,837,000</td><td>-35.84%</td><td>-$519,993,000</td></tr></tbody></table>

Sources: CoinMarketCap, HiveEx.com

Litecoin is now compatible with blocknet protocol

Litecoin (LTC) is now compatible with the the blocknet protocol, according to an announcement made on The Blocknet’s Twitter account. The coin is now available on the cross-blockchain decentralised application (dApps), which allows systems to pass information directly to one another without the need for a central server. The announcement could give the coin greater momentum over time, with Litecoin currently trading at US$146 at the time of writing, a slight increase of 2.8% over the past 24 hours.  

London trading firm has announced launch of Ethereum futures

London based trading firm Crypto Facilities has announced the launch of futures for Ethereum (ETH). The products could enable people to take a long or short position, which could broaden investment opportunities and allow people to manage risks more effectively. The launch of futures for the coin will increase liquidity in the market, which could grow value over time.

Ripple announces positive first pilot results for xRapid

Ripple (XRP) has announced positive first pilot results for it’s payment solution xRapid. The system leverages the technology behind Ripple (XRP) to deliver low cost payment solutions for international transfers. The results show that for transfers between the US and Mexico, financial institutions using xRapid saw a savings of 40-70% compared to what foreign exchange brokers normally provide. The results could prove wider applications for the coin, especially in emerging markets where liquidity costs are high.

Facebook mulling the possibility of launching cryptocurrency

Facebook Messenger CEO David Marcus announced last week he will be leaving his role to explore potential applications for blockchain within the company. While the company has not yet announced plans, the appointment of Marcus has lead the internet into a tailspin, with some theorising that the move could be indicative of intent to launch a digital currency. Marcus previously served as CEO for payments company PayPal and is a known crypto enthusiast, making him an excellent leader for the initiative, should the plans eventuate.

Written by
Michelle Hutchison
Global Head of Communication

PH: +61 403 192 994

michelle@hiveex.com
HiveEx.com HQ is located in Sydney, Australia
Level 10, 99 York St, Sydney, Australia
ACN: 642 470 417

With Offices in the US
Level 5, Suite 5a, 35 East Broadway, New York City, NY, USA 10002

United Kingdom
Sussex Centre, 11th Floor,No1 Croydon, 12-16 Addiscombe Rd, Croydon, London, England CR0 0XT

The Phillipines
Suite 16-17, Level 7, Lepanto Building8749 Paseo de Roxas, Makati Metro Manila 1226 Philippines

And Poland
Komandorska 12ul. Komandorska 12 (level 3) 50 – 022 Wrocław

View our client terms and conditions

Hive Empire Trading Pty Ltd (trading as HiveEx.com) is a subsidiary of Hive Empire Ventures Pty Ltd.

Hive Empire Trading Pty Ltd (trading as HiveEx.com) is registered with AUSTRAC, since April 23, 2018.

© Copyright 2017 Hive Empire Trading Pty Ltd
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies and ICOs are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own independent legal, tax and accounting advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision.