Cryptocurrency 24 Hours Recap

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CryptoCurrency recap
2020-05-06


CryptoCurrency market cap rankings, posts, and more.
The following statistics are rendered from the 25 largest cryptocoins.


Market Share



The chart shows the market share of the 25 largest coins. Coins with a market share less than 5% have been grouped into "Other"


Winners and losers


Top 5 winners

Name                                Price (USD)% change(24h)
Bitcoin9291.57844246alt 4.28318
Crypto.com Coin0.064674650839alt 3.90492
HedgeTrade2.23607434105alt 3.50292
Bitcoin Cash251.59338926alt 2.84754
Neo9.26479158802alt 2.57859

Top 5 losers

Name                                Price (USD)% change(24h)
Ethereum Classic7.18726852714alt -0.610689
Chainlink3.70181024659alt -0.608485
Monero60.2265401864alt -0.358338
IOTA0.184987491237alt -0.276655
[UNUS SED LEO](https://coinmarketcap.com/currencies/UNUS-SED LEO)1.06713593748alt 0.0386713

Other great coins

Name                                Price (USD)% change(24h)
Cardano0.0505043396593alt 1.50476
Steem0.181052814032alt -1.06249
Ethereum210.232672953alt 2.08002

Coin news


Binance

First Mover: US Arms of Binance, FTX Push Into Margin Trading, but Likely Not at 100x!

by coindesk.com
Binance.US and the soon-to-launch U.S. unit of FTX aim to offer cryptocurrency margin trading in the American market, but won't be able to provide leverage to the degree offered by overseas competitors. ...

Why Binance and Akon Are Betting on Africa for Crypto Adoption!

by coindesk.com
Demand for bitcoin is surging in Ghana, Nigeria and Kenya, attracting investment from the cryptocurrency exchange Binance and a token project by Akon....

Bitcoin

Bitcoin News Roundup for May 6, 2020!

by coindesk.com
BTC stays above $9K while some new startups wrestle for market share. It's CoinDesk's Markets Daily Podcast.
...

Bitcoin Can Boost Portfolio Returns, Even if Bought at All-Time High: Bitwise Study!

by coindesk.com
Bitwise found that bitcoin acts as a useful counterweight to a traditional portfolio if managed in the right way....

Bitcoin Breaches $9.2K as Open Positions on CME Futures Hit 10-Month High!

by coindesk.com
Bitcoin is quickly gathering upward momentum alongside a surge in open positions on CME futures....

Amun Launches Token Tracking the Inverse of Bitcoin’s Price!

by coindesk.com
The Swiss ETP provider's new token lets traders make gains whenever bitcoin's price falls....

Market Wrap: Bitcoin Volatility Higher Than S&P 500 Again but Lower Than Oil!

by coindesk.com
Bitcoin volatility has risen a bit, higher than the S&P 500 ahead of its expected halving next week - but it’s nowhere close to the rocky ride oil has been on....

BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds!

by coindesk.com
Average fees paid by bitcoin users spike at a certain time every day due to the actions of one firm, derivatives exchange BitMEX, a researcher found. ...


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