Cryptocurrency Trading News: Bitcoin, Litecoin, Dogecoin Soar; Isracoin Market Cap Surges to 7th Place

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Cryptocurrency Trading News

ForexMinute.com – Last 24 hours in the cryptocurrency market have been satisfactory, as almost every leading altcoin has been stable most of the time. The only ones to have lost their value are Nxt, Mastercoin and Auroracoin.

BTC/USD
Last 24 hours has by far been one of the most stable trading hours for the BTC/USD. The pair has maintained its value throughout the day without showing any sign of volatility. Yesterday, it last closed at around $453. The pair although fell slightly owing to the news of a Heart bleed bug that attacked almost one-third of the active websites on the internet – Vault of Satoshi being one of them. The news although didn’t stir Bitcoin’s value that much, and it quickly recovered by finding support at around $451.

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The BTC/USD is currently trading at $454.086 and has risen around 1% within the last 24 hours.

Litecoin, Dogecoin Stable
The news of alleged merged mining of both Litecoin and Dogecoin has indeed kept up the market’s sentiment. It proves that the investors have welcomed the suggestion made by the Litecoin creator Charles Lee. In the last 24 hours, the price index chart of both Litecoin and Dogecoin is almost identical, with both raising around 2.5%.

The LTC/USD is currently trading at $11.43 and the DOGE/USD at $0.000455.

Isracoin Market Cap Surges to 7th Spot
We earlier discussed the launch of yet-another national currency – this time from Israel. Isracoin was born with the similar attitude of giving people back the power over their finances. But what we particularly liked was the neatly planned distribution mechanism of Isracoin, following which the creators planned to distribute dissimilar units among people – depending whether they are normal citizens or businessmen.

The carefully planned approach is the most innovative feature of Isracoin, which other nation-based cryptocurrencies lack. It is not just another currency which is launched in hurriedness; instead it knows where it wants to be in the upcoming days.

Maybe that is why, Isracoin is now wearing the seventh largest market cap, and had increased a whopping 80% in the last 24 hours. Although, the performance is yet volatile, but we are sure that this national currency has learned heavily from the mistakes of Auroracoin, and would move forward steadily in the coming days.

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