Cryptocurrency Trading News: Bitcoin, Litecoin, Dogecoin Facing Minor Hiccups; BlackCoin Soars

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Cryptocurrency Trading News

ForexMinute.com – Last 24 hours in the cryptocurrency market has been somewhat steady, as almost every top digital coin has fallen slightly than their previous day’s value. There have been numerous factors playing in the favor of Bitcoin nowadays. Yesterday, renowned online marketplace SecondMarket hinted to launch an innovative Bitcoin exchange. While, once-on-top Mt. Gox announced to be liquidated rather than bankrupted.

Another factor that might have slightly affected the cryptocurrency markets could have been a rumor which said the renowned currency exchange Cryptsy have been attacked, leaving its coins stolen. A recent notice from the exchange however has called it “false” and has admitted to have some temporary backend problems while highlighting that the customers’ coins are safe and secure.

The aforementioned events although didn’t have much impact on the cryptocurrency markets, but had kept the latter steadier throughout the past hours.

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Here is the report:

BTC/USD
After recovering in double-digit percentages this week, the BTC/USD yesterday closed at around $493. In the following hours, the pair remained stable while reaching to the peak value of around $504. It however closed below the $500 mark – at around $495.
At the time of writing, the BTC/USD value has changed 3.21% in the last 24 hours and is currently trading at $492.90, with over $29m worth of coins in trading volume.

LTC/USD
The last 24 hours were a little disappointing for the LTC/USD as it fell massively over 5%. While there were almost no major updates from the Litecoin section throughout the day. The alleged attack on Cryptsy has somewhat played a villain in the steadiness of the LTC/USD pair. On Wednesday, the pair had once reached the peak value of $13.06 but later fell dismissively to around $12.3. The value remained non-volatile in the last 24 hours, while reaching to the peak of around $12.7 once.

The pair yesterday closed at $12.45. At the time of writing, the LTC/USD is trading at $12.29 with over $11m worth Litecoin of trading volume.

DOGE/USD
Apart from the Cryptsy pausing accounts, there were no seriousness involved with the Dogecoin. The Shibes were rather busy in collecting votes for NASCAR Racer Josh Wise, or for their much-hyped upcoming party. Meanwhile on the trading front, the LTC/USD pair fell slightly around 2.5% in last 24 hours, after remaining steady throughout the day. It closed at $0.00063 yesterday, and is currently trading at around the same value, showing no up or downtrend.

The Rise and Rise of BlackCoin
Positivity surrounds the BlackCoin market, as its value against the US dollar has once again risen monumentally – reaching $0.18 from the previous day low of 0.11, and rising around 40% within the last 24 hours. The roar is expected to remain steady throughout the day.

To contact the reporter of the story: Yashu Gola at yashu@forexminute.com

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  • BillTuesday

    We should use Dogecoin and Bitcoin together as a payment system. Look into Cryptocafe, Its a place to buy and sell with both “Currencies”.