Cryptocurrencies Market Overview - August 09, 2017

The long wait is finally over for a lot of Bitcoin users. SegWit has reached its lock-in threshold and will activate on the Bitcoin network in about 2 weeks. Despite this good news, the Bitcoin price has dropped 4% today. Buy on the hype, sell on the news?

Welcome to my Cryptocurrencies Markets Overview for Wednesday, August 09, 2017.

24 Hour Change

7 Day Change

Month-to-Date Change

Market Capitalization

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

Latest Crypto News - August 09, 2017

Ether Tops $300 as Price Rises to 30-Day High

The price ether, the cryptocurrency that powers the ethereum blockchain, hit a high above $300 today, rising to a press-time total of just over $307.
Read more: coindesk.com

Other sources:

BTC-E to Repay 45% of Account Balances as 'BTE Tokens'

BTC-e has announced that 45% of the exchange’s account balances have been seized by US authorities, and that customers will be repaid in ‘BTE tokens’.
Read more: bitcoin.com

Other sources:

It's Official: Segregated Witness Will Activate on Bitcoin

Segregated Witness (SegWit) has reached its lock-in threshold. The long-debated scaling upgrade reached the necessary threshold to "lock in" today at block 479,707 with 100% of bitcoin mining pools signaling support for the proposal. According to network data, the block was mined by BitClub.
Read more: coindesk.com

Fidelity allows clients to see digital currencies on its website

Fidelity Investments Inc has started allowing clients to use its website to view their holdings of bitcoin and other cryptocurrencies held through digital wallet provider Coinbase.
Read more: cnbc.com

Litecoin Prices Hold Steady Near $50 as Bitcoin Locks In SegWit

The price of litecoin continues to hover near all-time highs, even as the technical advances that sparked its revival are being added to other platforms.
Read more: coindesk.com

Bitcoin Price Wobbles as SegWit Activation is Locked in

It looks as if we may have a small shakeup in the world of cryptocurrency after all. For some reason, the Bitcoin price is showing small signs of weakness, which could lead to a short-term downturn in the coming hours. Ever since Segregated Witness has been locked in, the price has lost some of the bullish momentum. Other currencies are quickly trying to climb the ranks, though, which could result in some intriguing changes.
Read more: themerkle.com

Bitcoin Falls 3.5% Post SegWit Victory, Community Figures Continue Arguing

SegWit has finally locked in on Bitcoin, but the community remains divided over the validity of SegWit2x.
Read more: cointelegraph.com

NEO Completes Rebranding; Announces Blockchain Partnerships

NEO Blockchain, China’s first original public chain project, has announced the completion of rebranding efforts from its former Antshares identity. Furthermore, NEO has upgraded its blockchain nodes, technical documents, social media, official site and exchange name worldwide, representing the transition from Antshares 1.0 to the NEO smart contract system 2.0.
Read more: bitcoinmagazine.com

'Russia's Facebook' Eases Restrictions on Cryptocurrency Ads

The most popular social network in Russia is easing restrictions on advertisements related to cryptocurrency.
Read more: coindesk.com

India Close to Finishing Work on Cryptocurrency Rule Proposals

India's government has reportedly completed work on a proposal that outlines possible steps for regulating cryptocurrencies.
Read more: coindesk.com



Source: reddit.com


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One's ability to manage uncertainty in the streets is one form of risk management.

It's the same with the financial world. Risk is the uncertainty that will occur from every situation and decision we take. The only consequence of such risk management is the reduced or partial loss of our funds.

Great post as usual. I just wanted to say thank you for the work you do. Time is so very important and your "snapshot" you provide of the markets and latest crypto news is an informational asset which I greatly appreciate. Keep the great work brother! Re - Steemed

I was a little surprised to see that Bitcoin had dropped this morning. Perhaps just taking a breather on it's way up to $4000? Hoping after Segwit kicks in later on we will see another market boom. The crypto-world is always on the move it seems!

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I think it's just a little correction after the rapid surge of the last few days. Bitcoin is still almost 20% higher than a week ago.

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That's what I thought as well. The whole up and down cycle keeping us on our toes. :-)

Thanks for posting! Hold tight!

This post received a 2.2% upvote from @randowhale thanks to @penguinpablo! For more information, click here!

What do you think about bitcoin prize at the end of 2017? will it rise further or hold the price?

We all need a candy store :D

Thank you very much because you have provided this very interesting information. May always be successful for you my friend

Watching the price go up is one of those bittersweet things, I'm loving it because my portfolio value is going up, but there is a part of me that want it to crash back down to $200/coin so I can buy a shitload more haha. Will just have to invest some more into steemit

Gollow me back

nice post! i upvoted you!

for all steemians on this post......... follow me and i follow you bros! :D
Follow Me : https://steemit.com/@cryptosingle

DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

We think alike! Upvoted!
My analysis recently nailed the Bitcoin bottom and current rally. I've made lots of profitable calls and provide free TA analysis of your coins. Check it out: https://steemit.com/@haejin

Thanks for the information

This has been a great week for crypto! I hope it keeps up!

Im a new trader , and your post is so helpful , thank you so much

Great information..thanks @penguinpablo

Great informational source... thanks for your efforts!

This post has received a 1.32 % upvote from @booster thanks to: @sacred-agent.

ETH has made a good step back up today and for BTC I am not worried I think by end of the year it will be at $ 4000 - $ 6000 can wait to see where it goes next year and also BCH where it will go.

Fantastic..
Good news information update 😃
Thanks for sharing @penguinpablo

I hope they legalize cryptos in India

*Fingers crossed

Interesting . Your chart has STEEM in 21st place . Another I looked at recently has it as 17th . I'm not sure what to make of that . All info is usefull .

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Yes, I don't understand why such a great cryptocurrency is ranked so low. It should be at least above Bitcoin Cash ;-)

Excellent proposal speculation is the art of predicting the approach to a result and is the best of currencies