Cryptocurrency 24 Hours Recap

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CryptoCurrency recap
2020-05-07


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)
Bitcoin9299.40156679 1.09787
USD Coin1.00115946039 0.0716867
HedgeTrade2.25260925722 0.0625896
Tether1.00350457727 -0.104269
[UNUS SED LEO](https://coinmarketcap.com/currencies/UNUS-SED LEO)1.06327138118 -0.566903

Top 5 losers

Name                                Price (USD)% change(24h)
Ethereum Classic6.96887945734 -4.0776
Monero59.3788997772 -3.63471
IOTA0.181944664357 -3.47692
Dash77.6099899473 -3.40158
EOS2.70434312074 -3.38656

Other great coins

Name                                Price (USD)% change(24h)
Cardano0.0492470682155 -2.27425
Steem0.178307421586 -1.46492
Hive0.366335213361 -7.18704
Ethereum205.684679147 -2.10999

Coin news


Bitcoin

Cambridge University Releases New Tool for Tracking Global Bitcoin Mining Power!

by coindesk.com
Cambridge University's Centre for Alternative Finance has released a bitcoin mining map, showing where bitcoin miners are located worldwide....

Bitcoin Revenue in Square’s Cash App Tops Fiat Revenue for First Time in Q1!

by coindesk.com
Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019....

Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving!

by coindesk.com
The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving. ...

Bitcoin Node Count Falls to 3-Year Low Despite Price Surge!

by coindesk.com
The number of Bitcoin nodes fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer. ...

‘Black Thursday’ Distortion Makes Bitcoin Options Look Cheaper!

by coindesk.com
With a key metric declining to record lows, bitcoin’s options market may be underpricing the cryptocurrency’s future volatility....

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....


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