This article provides a quick overview of how the crypto markets have been doing—with the focus on Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Binance Coin (BNB), Monero (XMR), and Dash (DASH)—over the past 24-hour period.
Overall, September 17th is proving to be a bit of a mixed day, with 12 of the top 20 cryptocurrencies (by market cap) in the red at press time (around 06:25 UTC).
BTC-USD
The bad news is that are still waiting for the launch of Bakkt’s physically-delivered daily and monthly Bitcoin futures contracts. So, Bitcoin is still trading mostly sideways, hovering around the $10,300 mark. The good news is that the launch is expected to take place in less than one week (i.e. on September 23), as was confirmed by this tweet that Bakkt sent out on September 16:
Only 7 days until the launch of the bitcoin futures contract
One step closer to delivering on our mission: Expanding access to the global economy by building trust in and unlocking the value of digital assets
— Bakkt (@Bakkt) September 16, 2019
ETH-USD
The Ether (ETH) price continues its upward movement toward the $200 mark, up another 2.24% in the past 24-hour period (making it up 4.32% in the past 7-day period). What may have helped the Bitcoin price yesterday (September 16) is the announcement by crypto payment processor BitPay that in the near future it will be possible for its customers to accept Ether payments for purchases of goods and services. Also, the BitPay wallet will support Ether.
Ethereum co-founder Vitalik Buterin had this to say about the news:
“It is exciting to see BitPay leading the way in integrating Ethereum into global payment systems. This truly opens up a new world of possibilities for the Ethereum ecosystem, and together we can continue to be a leading innovator for real world use cases for cryptocurrencies.
BCH-USD
On Monday (September 16), Bitcoin.com announced that it had entered into a strategic partnership with Taiwanese smartphone manufacturer HTC, as a result of which the Bitcoin.com wallet will come preinstalled on HTC’s current and upcoming blockchain phones (Exodus 1 and Exodus 1s):
Our wallet app is now pre-loaded onto the #HTC EXODUS 1, priming us to meet the needs of all #BitcoinCash users!
To celebrate this partnership, we’re giving away ten EXODUS 1 phones. Like, retweet, and follow us to win.📱
Learn more: https://t.co/od6LzQXIKB pic.twitter.com/h54jqlR5GQ
— Bitcoin.com Official (@BitcoinCom) September 16, 2019
BNB-USD
Although BNB is currently in the red, this may change during the next several hours once all of the six mini announcements that Binance plans to make today have come out:
We have 6 announcements waiting to be published, today!
— CZ Binance (@cz_binance) September 17, 2019
The first of the six announcements that Binance CEO Changpeng Zhao (aka “CZ”) referred to is the addition of support for Cosmos (ATOM) to Binance’s Margin Trading platform:
We like to thank the guys for building technology that @Binance_dex leveraged on.
Binance Adds Margin Trading for ATOM – Binance https://t.co/8ZHmAGrAda
— CZ Binance (@cz_binance) September 17, 2019
XMD-USD
OKEx Korea announced on Monday (September 16) that it intends to delist all five privacy coins it is currently supporting, i.e. XMR, DASH, ZEC, ZEN, and SBTC, due to concerns that these cryptocurrencies do not allow it to implement FATF’s so-called “travel rule”. 10 October 2019 is the date on which transaction (i.e. trading) support ends.
DASH-USD
Since OKEx Korea’s delisting announcement mentioned DASH, you would expect it to be down today, just like XMR. However, it is not, and that is very likely due to the fact that today (September 17) is the day that trading in DASH is expected to start on Coinbase Pro on/after 09:00 PST (16:00 UTC) provided that there is sufficient liquidity.
Featured Image Court: Photo via Pixabay.com
