Market Analysis Report #1
It's official! Primus Investing first Market Analysis Report!
Hello there fellow Steemians!
Like we said previously in a few posts back we are currently accompanying the cryptomarket for any big moves or anything that pop our eyes!
Since along time we regularly check the market to see how's our business going! (Practically every hour of day that we aren't sleeping hahaha)
But more recently we are committed to start sharing our analysis and a few of our predictions over the cryptosphere in a way of giving and obviously receiving your views on the related matters!
So we hope for dialogs and we invite you to comment below your personal opinions!
Let's start off with the new hot topic! Bitcoin Futures!
We know that Bitcoin Futures were recently launched last Sunday on the 10 of December. You can see our Post relating some opinions on that matter here: https://steemit.com/bitcoinfutures/@plainbroadcast/bitcoin-futures-the-good-the-bad-and-the-ugly
So how it faired in the CBOE trading sessions? :)
Since the introduction of Bitcoin-Based Derivatives, there was a big surge of positivity in the bitcoin markets.
The BTC futures started trading around the 15,500$ mark and got to the all-time high of 18,834$.
At the time of writing, the bitcoin futures price is sitting at 17,940$.
Into Bitcoin!
Bitcoin is currently sitting at the 17,291$ mark representing a 1.33% win in the last 24h and a 33.13% up in value since the last week.
More then $14.6B worth of BTC were exchanged in the last 24h.
There was no big news around BTC directly other then the Futures.
In my opinion, there is still time to grow in the BTC market, and maybe we will close 2018 beating the 20.000$ mark.
Ethereum
The big star today was Ethereum! Achieved an all-time high of 694$ and currently sitting at 678$ representing a 21.63% rise in its value in 24h and a stunning 51.67% since the past week! More than $5B worth of ether were exchanged in the last 24h.
News like the one from UBS announcing that they will lead an Ethereum-based blockchain solution for several banks and some exchanges maybe be the lead on this huge increase of value.
Some fast Analysis from the other Alt market!
Today is another a green day! (shoutout to the band!)
The overall market is going up, good and steady with some great rises! More on the most relevant.
Ripple is up 66.18% with volumes of $3B worth and up against the dollar at 0.4594$.
Litecoin is up 12.76% against the dollar for the day at 341.80$ and up to $5B worth of volume today.
Dash is up 12.81% against the dollar at 904.72$ hitting a volume of 380 plus Million in USD.
Waves is up 9.51% against the dollar at 14.35$ hitting a volume of almost $110M.
Gonna wrap everything up for today guys let me hear your opinions on the markets!
Comment and let's discuss!
Tipping jar - Buy us a beer and come drink with us!
ETH: 0xEE9FFe7912704C43F0375C60b202a86c0A9e02C7
STEEM: STM8k1rqZWQhiZWvR7QXgRPAGYw6NyrvrQ5uJwDsYKo4NXxvuuKebw
BTC: 13PAD9NX8oVX3Sn1QyU6MHNTLF7C4gdTVR
LTC: LfgDJgT48L8P1SrPCoZEyut3BNYnuJxbK9
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