Digital currencies head south

Digital currencies head south

On Wednesday, digital currencies generally slumped in Asia, notwithstanding fresh indications that these crypto assets are getting wider acceptance. Moreover, on Monday, Nasdaq had its global data service expanded to include Ethereum and Bitcoin.

Eventually, Bitcoin slumped by 0.84% coming up with a result of $3,815.7. As for the world’s number two digital currency, Ethereum, it lost 1.82% of its market value concluding the trading session at $136.6. Additionally, XRP tumbled by 4.19% being worth $0.31413. As for Litecoin, it went down by 2.97% hitting $44.754.

As a matter of fact, the total capitalization of the cryptocurrency market accounted for $129 billion having rallied to $141 billion over the weekend.

Meanwhile, Nasdaq has finally started live listings of the Ethereum Liquid Index and Bitcoin Liquid Index from American blockchain as well as crypto market data company Brave New Coin.

As it has been reported by the Global Index Data ServiceSM service, Nasdaq start providing real-time Bitcoin as well as Ethereum index level data updated every 30 seconds.

CEO of Brave New Coin, Fran Strajnar is assured that the crypto derivative wave will 100% show up, as it’s an inevitable thing.

The cryptocurrency community considers it to be a crucial step forward in broad acceptance and adoption of digital coins.   

A move by Korean high tech giant Samsung turns out to be another notable sign of wider acceptance.  

Samsung’s new Galaxy S10 series handsets are going to come with a built-in crypto wallet supporting Bitcoin, Ethereum as well as two other crypto assets Enjin and Cosmee.

The company is believed to have sold up to 31 million units of the version of the Galaxy handset, which the S10 will substitute.

Similar

USD/MXN: optimistic on the vaccine coming?
USD/MXN: optimistic on the vaccine coming?

During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?

Latest news

USD strengthened as optimism waned
USD strengthened as optimism waned

The market optimism waned amid stricter restrictions to control rising coronavirus infections. S&P 500 and Nasdaq dropped from the all-time highs, while the USD jumped higher.

Stocks up, USD down
Stocks up, USD down

S&P 500 skyrocketed to the all-time high on optimism that Biden’s fiscal stimulus will support economic growth and boost corporate earnings.

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

Manager will call your number

Correct number

Your request is accepted

Manager will call your number

Next callback request for this phone number
will be available in {time}

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera