Tag Archives: Capitalization

Nano Reaches Market Capitalization of $186.12 Million (NANO)

Nano (CURRENCY:NANO) traded 22.1% higher against the US dollar during the 24-hour period ending at 19:00 PM ET on April 2nd. Nano has a market cap of $186.12 million and approximately $22.81 million worth of Nano was traded on exchanges in the last 24 hours. In the last seven days, Nano has traded 45.8% higher against the US dollar. One Nano coin can now be bought for $1.40 or 0.00029102 BTC on popular cryptocurrency exchanges including Bit-Z, Gate.io, Mercatox and CoinFalcon. Continue reading Nano Reaches Market Capitalization of $186.12 Million (NANO)

Cryptocurrency Investing

Take a guess! Yes, dumb money, so small investors who bought at high prices and due to the crowd feeling scared, sold at lower prices. All the above reasons are more than important for predictive analytics and crowd sentiment analysis platforms to exist and help investors making better, more informed decisions. Below are some questions, you as an individual investor should ask, when investing in projects. These are just some basic questions many investors ask themselves when deciding to re-allocate funding or investing into a new company. Sanbase-low, for example, might help by analyzing important emotional information from crowds as well as financial indicators like projects ether burn rate, market capitalization vs burn rate and other financial data.

Reference: https://www.ccn.com/cryptocurrency-investing-emotions-decision-making/

Bitcoin Slumps to 12-Week Low Below $6K

Bitcoin prices plunged to a 12-week low below $6,000 this morning, reporting double-digit percentage losses amid a continued crypto market sell-off. Prices on CoinDesk’s Bitcoin Price Index (BPI) fell as low as $5,967.34 at 07:59 UTC – the lowest level since Nov. 13. As of writing, the world’s largest cryptocurrency by market capitalization is changing hands at $6,156, down around 22 percent on a 24-hour basis. The sell-off has been significant, as indicated by the $1,000 drop seen between 00:45 to 05:00 UTC. Further, during the same time period, the market capitalization of bitcoin dropped more than $11 billion to $106 billion. The total market capitalization of all cryptocurrencies has also fallen to $282.40 billion – the lowest level since Nov. 26.

Reference: https://www.coindesk.com/bitcoin-slumps-to-12-week-low-below-6k/