Crypto markets recovers from the heavy blows and woes as CFTC and SEC chairpersons express some confidence in digital currencies.
The global crypto market is recovering after the South Korean false regulatory announcement. Cardano and NEO increased in value, while Bitcoin and Ethereum receded from their positions.
NEO, which already supports a wide range of commonly known languages, is not afraid to face intense developer influx – scaling solution seems to be found.
The value of the digital currency continues its upward trend, despite Chinese crackdown on virtual money and uncertainty regarding SegWit2x activation.
Following the trend of ICOs’ rapid and continuous growth, Filecoin, a decentralized blockchain-based storage network, sets the all-time record raising $257M.
Bitfinex has announced the beginning of NEO exchange trading against USD, BTC and ETH. Top-ten altcoins seem to regain value and reverse the losses after China’s ICO ban declared on Monday.
The rough decline cryptocurrencies’ prices accompanied by total market capitalization drop now seems to be over as the situation improves quickly.
A significant Bitcoin drop by 13.6% has occured today after its historical maximum $4975 on September 2.
The value of bitcoin continues to break new records amid rising investor demand, while crytocurrency market cap reaches historic mark.