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Stellar Holdings (HOLD) Cryptocurrency Hits $0.000215: Up 53.30 Percent on Major Exchanges in the Last 24 Hours: Cap at $200,259

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Stellar Holdings (HOLD) traded up 53.30 percent with USD in the last 24h time period ending 18:15 on September 1st EST. Stellar Holdings at present has a cap of $200,259 and its 24 hour trading volume is approximately $3,367. Within the seven day period of time, Stellar Holdings is 3.48 percent against the USD along with a movement of -0.22 percent inside the last hr.

Now let’s take look at how the other cryptos have performed since yesterday:

  • WABnetwork (WAB) is currently trading at $0.00 against the USD, a -10.13 percent change in the last 24 hours. The Bitcoin cost of WAB is currently at 0.00000020 BTC.
    InsaneCoin (INSN) is currently trading at $0.02 against the USD, a 20.87 percent change in the last 24 hours. The Bitcoin cost of INSN is currently at 0.00000262 BTC.
    Blakecoin (BLC) is currently trading at $0.01 against the USD, a -4.38 percent change in the last 24 hours. The Bitcoin cost of BLC is currently at 0.00000125 BTC.
    SkinCoin (SKIN) is currently trading at $0.01 against the USD, a -0.21 percent change in the last 24 hours. The Bitcoin cost of SKIN is currently at 0.00000128 BTC.
    EquiTrader (EQT) is currently trading at $0.08 against the USD, a 2.29 percent change in the last 24 hours. The Bitcoin cost of EQT is currently at 0.00001176 BTC.
    Titcoin (TIT) is currently trading at $0.00 against the USD, a -14.02 percent changein the last 24 hours. The Bitcoin cost of TIT is currently at 0.00000020 BTC.
    COMSA [XEM] (CMS) is currently trading at $0.14 against the USD, a 0.14 percent change in the last 24 hours. The Bitcoin cost of CMS is currently at 0.00001943 BTC.
    Budbo (BUBO) is currently trading at $0.02 against the USD, a -7.34 percent change in the last 24 hours. The Bitcoin cost of BUBO is currently at 0.00000230 BTC.

Stellar Holdings Info

Stellar Holdings has a total supply of 929,380,819 coins. It started on 1st January, 0001.

Cited from cryptocompare.com: “HOLD is a peer-to-peer lending platform that provides instant cash advances against cryptocurrency collateral. Hold allows members to leverage their crypto-assets as collateral to obtain fiat whenever they need it, saving them from selling the cryptos they hold dear. Cash Advances are instant and can be used globally through the HOLD prepaid card and mobile app.The HOLD token is an ERC20 token based on Ethereum whose primary purpose is to allow a membership system, provide a cashback program and pay additional incentives to lenders through a status level program.”

Listed below are a few useful links if you happen to would prefer to get more information about Stellar Holdings:

  • Website: https://hold.co/r/5ZL91
  • Twitter: HOLD

HOLD: Info for Traders

You can purchase HOLD at trading exchanges including IDEX,

It’s not always feasible to buy cryptocurrency like Stellar Holdings right away using US dollars. Traders wanting to acquire HOLD may possibly need to first of all get Bitcoin or Ethereum from an market place that has USD trading pairs for instance Coinbase or perhaps GDAX. Buyers may then use this BTC or ETH to purchase Stellar Holdings using one of the exchanges we detailed previously.

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Bitcoin (BTC) Loses 1.13% Overnight; Value Falls Below $7300

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Bitcoin has been down by 1.13% over the last 24 hours, and it has shown three major price swings in the range of 7382 USD and 7175 USD. It is expected that Bitcoin may take things slower from now on.

Bitcoin Price Prediction

Bitcoin opened the day near 7315 USD, and over the next 4 hours and 37 minutes, it gained 0.91% and got placed at 7382.33 USD. It was followed by a huge decline in the value. Between 04:44 UTC and 17:59 UTC, Bitcoin fell by 2.80% and touched the lowest point of the day at 7175.77 USD. The last swing of Bitcoin happened between 17:59 UTC and 01:22 UTC today and in these 7 hours and 22 minutes, Bitcoin managed a hike of 0.83% that added 59.65 USD and pushed the value to 7235.42 USD.

BTC Price Prediction

There has been a marginal increment in the market cap of Bitcoin. Yesterday, the market cap was at 131.696 billion USD, and today, it has been increased to 131.829 billion USD.

Bitcoin’s 20 days MA stands at 7351.55 USD, and it’s 50 days MA is now at 8207.4 USD. The current price at 7232.98 USD is 11.87% and 1.61% less than the 50 days and 20 days moving averages, respectively. BTC’s next halt may come at 7386.08 USD in the coming few days as its next resistance.

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China Continues to Dominate Global Bitcoin Mining, But for How Long?

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New research shows that China’s dominance of the total Bitcoin hash rate continues to grow. The nation reportedly now accounts for around 66 percent of all the computing power supporting the Bitcoin network at present.

China has historically been the leader in global Bitcoin mining. However, with large mining operations coming online in the US and Russia in 2020, the industry this time next year might look quite different.

Two Thirds of Bitcoin Mining Happens in China, Says Report

A report by CoinShares, cited by Reuters, claims that Bitcoin miners located in China now control around 66 percent of the total network hash rate. Hash rate is a way of describing the amount of computing power supporting the network.

Total network hash rate has been rising rapidly during 2019. NewsBTC has reported several times about new all-time highs in terms of the amount of computing power supporting the Bitcoin network. With mining interests investing heavily in hardware, it’s clear that Bitcoin miners are confident in the future of the digital currency.

Chris Bendiksen, the head of research at CoinShares, attributes the rising hash rate to Chinese miners deploying higher powered hardware sooner that those located in other countries. Three of the largest manufacturers of mining hardware are from China: Bitmain, MicroBT, and Canaan. Despite how opaque the industry is it seems fair to conclude that a large proportion of the most cutting-edge mining hardware will be deployed in China first.

Although the mining industry in China is growing faster than in other nations, there are large operations in the works that allow other nations to catch up by this time next year. New mega mining farms are being planned in both the US and Russia at the moment.

Bitmain itself has just opened a huge mining operation in the state of Texas. The facility currently has a total capacity of 50MW. However, the Chinese mining giant says it has plans to increase this to 300MW at a later date.

Similarly, Layer 1, a San Francisco-based startup, also plans to launch a mining operation in Texas. This effort seeks to lower the mining industry’s dependence on firms like Bitmain by developing its own cutting-edge hardware and cooling systems.

Meanwhile, the Russian Mining Company (RMC), owned by the nation’s internet ombudsman also has plans to create a vast new operation in the province of Karelia. CEO of RMC, Dmitry Marinichev, claims that the new facility will command around a fifth of Bitcoin’s total hash rate when it is completed.

Meanwhile, the Russian Mining Company (RMC), owned by the nation’s internet ombudsman also has plans to create a vast new operation in the province of Karelia. CEO of RMC, Dmitry Marinichev, claims that the new facility will command around a fifth of Bitcoin’s total hash rate when it is completed.

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Bitcoin technical analysis: BTC/USD bears have forced a devastating daily closure below flag pattern

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  • Bitcoin price is trading in minor positive territory, up some 0.35% in the second half of the session. 
  • BTC/USD price action broke out and closed below a bearish flag via the daily chart view.
  • The next major daily support is eyed at psychological $7000 down to $6800 range. 

BTC/USD 60-minute chart

Price action is moving within a near-term bearish flag structure, to suggest another break south may be around the corner. 

BTC/USD daily chart

The price is trading just below a bearish flag structure, which leaves it vulnerable to further potential downside for now. 

Spot rate:                  7,387.68

Relative change:      +0.35%

High:                          7266.01

Low:                           7177.92

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Source: fxstreet

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