1-855-465-4651 (US-Canada Toll Free) |  sales@intenseresearch.com

Real time Search with Intense Research Market...

Hard Fork Hits Ethereum And Mildly Impacts Cryptocurrency Market

Feb-2019 | Intense Research | Technology and Media

Cryptocurrency markets shrink marginally again; Ethereum suffers significant delays, following Tron and Maker. The small recovery of yesterday collapsed as quickly as it started and the cryptographic markets are retreating. The total market capitalization is just over $120 billion and there are likely to be some drop ahead.

Bitcoin found a new level of short-term resistance at $ 3,700 and failed to outperform. As a result, the bears are back in the game and the BTC returned for $3650 at the time of writing, a drop of 1.5% on the day. Bitcoin fell nearly 10% from the same time last Wednesday, when it was more than $4,000.

On the other, Ethereum is getting worse every day. Delays in the long-awaited interval of Constantinople hard fork dropped ETH to more than 5.5% to $120. XRP, which lost less than 15 on the day, consolidated its leadership in Ethereum to $800 million.

The top ten are completely red again during the Asian trading session of the day. Tron and Litecoin fall 3% to 4% and Stellar is not far behind. This led Tether to move up the rankings and topple XLM by sixth place, only $200 million behind EOS in fifth place. The altcoins are all very weak at the moment, which has made the cryptocurrency market to struggle.

There are two coins today that get the Fomo and win two digits. Stratis is 18% bigger and with WAX the next 14% do not seem to motivate much. Dentacoin and Factom both lost 16% and 12%, respectively.

In addition, the future of cryptocurrency also relies on the adoption of blockchain technology as it will clear multiple challenges for cryptocurrency in terms of flexible and secure financial service. This will also create some lucrative opportunities in the global cryptocurrency market.

Latest Reports

Global and Regional Li-ion Battery for E-bikes Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

A lithium-ion battery is a member of a family of rechargeable battery types in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. Li-ion batteries use an intercalated lithium compound as one electrode material, compared to the metallic lithium used in a non-rechargeable lithium bat ...

Global and Regional PV Solar Energy Charge Controller (Solar Energy Charge Controller) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

PV Solar charge controllers, also known as PV solar charge regulators, are used in solar energy systems to protect the battery from being overcharged and over-discharged. The main types of solar charge controllers in this report covered MPPT and PWM. Scope of the Report: The key players in the global PV Solar Energy Charge Controller market are ...

Global and Regional Real-time Location System (RTLS) (Real Time Location Systems) Market 2019 by Company, Regions, Type and Application, Forecast to 2024

Real-time location system (RTLS) is one of many techniques for detecting the current geographic location of a target, possibly from the vehicle to the manufacturing plant. The use of RTLS products for more and more industries, including supply chain management (SCM), health care, military, retail, entertainment and postal and courier services. ...

Global and Regional Optical Fiber Composite Overhead Ground Wire (OPGW) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

OPGW is a dual functioning cable performing the duties of a ground wire and also providing a patch for the transmission of voice, video or data signals. The fibers are protected from environmental conditions (lightning, short circuit, loading) to ensure reliability and longevity. The cable is designed to be installed on transmission and distributio ...

Global and Regional LED-Based Lamps Used in Explosion-Proof Lighting Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Explosion-Proof Lighting (also known as hazardous location lighting and intrinsically safe lights) are lighting products, which are certified in accordance with and compliant to International regulative bodies and compliant to recognized safety standards. Scope of the Report: In North America, total LED-Based Lamps Used in Explosion-Proof Light ...

More Reports