Market Watch June.26

Bitcoin and Ethereum

A period of recovery, though not too significant has followed Bitcoin and Ethereum slumps in the previous week with both coins trading at $6,216 and $455 respectively.

The Bitcoin market cap has followed a similar pattern, currently at $107B, while Ethereum accounts for $46B of the combined $153B market cap for the top two cryptocurrencies.

The total cryptocurrencies market now stands tall at $255B, a move that investors believe can do more to banish memories of the lows witnessed last week.

Significant Gainers And Losers

Cortex (+27.19%)

Cortex (CTXC)  ended the last 24h trading period on the green side of the market with a a surge of 27.19 percent higher against the USD at $0.78 and a trading volume of  $23,141,500. Cortex has been performing very well in the market over the past few months, which has drawn many investors to it.

Theta Token (+27.07%)

Closely behind Cortex on the green side in the last 24h is Theta token (THETA).  THETA surged with a 27.07 percent higher than the dollar trading at $0.17.

This surge comes from the 2 days Blockchain Connect Conference which will start today in San Jose with Theta being one of the sponsors. On the second day of the conference, Wednesday 27, Theta Lab CEO, Mitch Lui will speak on the “Blockchain Adoption in the Real World” panel.

Theta ranks 77 on the coin market with a 24h trading volume of $29,863,700 and a market cap of $114 million, and there is a chance for it to surge even higher due to the publicity it would receive from the conference.

Zebi (+24.40%)

Zebi (ZCO) saw a price surge in the last 24h of trading after the big announcement that it has been listed on OKex, one of the largest crypto exchanges in the world. This is a good news that investors have waited to hear for some time now. The price of ZCO rose 24.40% against the USD, trading at $0.05. Zebi market cap following the surge is $23,488,923 with a trading volume of $1,110,110.

U.CASH (-51.10%)

U.CASH (UCASH) is the biggest loser in the last 24h with fall of 51.10 percent against the USD with a trading volume of $280,426. The number of active investors of UCash is rapidly declining, with many lamenting that they are unable to send or withdraw their Ucash token to exchange platforms with no response from the support team. No one is certain if the token will ever recover.

Major Headlines

‘Independence Day’ Tron Activates Mainnet After Month-Long Migration. New Hope Abounds for 10th Placed TRX following Ethereum exit.

Japan’s Finance Minister Wants to Change Crypto Taxation, Doubts Public Acceptance as Regulatory Inspection continues.

Another Bitcoin Miner Maker Is Seeking to Go Public in the Hong Kong Stock Exchange (HKEX).

The post Market Watch June.26 appeared first on CryptoPotato.

Source: Crypto Potato