The cryptocurrency market’s wild November roller coaster ride has resulted in multiple changes in the top crypto roster. The latest upset? Stellar Lumens (XLM) has unseated Bitcoin Cash as the #4 cryptocurrency by market cap.
Seed CX’s Subsidiary Zero Hash Will Now Support Crypto Derivatives Transactions
Thursday September 12, 2019
Coinspeaker Seed CX’s Subsidiary Zero Hash Will Now Support Crypto Derivatives TransactionsSeed CX is a cryptocurrency derivatives platform. Now with the help of its subsidiary Zero Hash, the company plans to offer bilateral crypto derivatives transactions. That way, Seed CX aims to attract financial institutions to settle derivatives on their platform.The company announced that initially, […]
The post Seed CX’s Subsidiary Zero Hash Will Now Support Crypto Derivatives Transactions appeared first on 12bit trade.
Stellar Overtakes Bitcoin Cash
While beleaguered Bitcoin Cash and Bitcoin SV continue to duke it out behind the scenes, Stellar Lumens (XLM) has managed to slip past BCH to claim the #4 cryptocurrency spot. According to CoinMarketCap, XLM’s current market cap sits at around $3.01 billion – surpassing that of Bitcoin Cash by a margin of just $20 million.
Bitcoin Cash has seen its market cap slashed by more than 60% since the November 15 hard fork – from $7.78 billion down to $2.99 billion. This is no doubt due to the one-two punch of the community split between Bitcoin ABC (Bitcoin Cash) and Bitcoin SV (BSV) and the market crash that resulted in a total crypto market cap loss of more than $40 billion in less than 24 hours.
Bruce Cassidy Laments Bruins’ Lack Of Execution In Loss Vs. Penguins
Saturday December 15, 2018
The Boston Bruins weren’t able to complete their comeback Friday night at PPG Paints Arena. Boston trailed the Pittsburgh Penguins 3-1 entering the third period, but the B’s battled back to tie the game midway through the final frame. But a crucial icing penalty allowed Pittsburgh to take a faceoff in Boston’s zone, leading to […]
The post Bruce Cassidy Laments Bruins’ Lack Of Execution In Loss Vs. Penguins appeared first on 12bet - Bet365.
Despite Stellar’s tenuous hold on the #4 spot, XLM – like nearly all cryptocurrencies – remains in the red at press time. Coming off of a 3-day gain of more than 23% – from $0.138 to $0.170 – between November 27th and 20th, XLM price has since dropped to $0.158 – a loss of roughly 7%.
Other Cryptos Jockeying for Position
Stellar isn’t the only cryptocurrency to have ousted top position holders in November. Earlier this month, Ripple’s XRP surprised everyone by leapfrogging past the previously-entrenched Ethereum (ETH) to claim the #3 spot. While XRP has temporarily topped Ethereum in the past, the lead has always been shortlived. This time may prove different, however, as XRP has maintained a fairly stable $2 – $3 billion lead over Ethereum for more than ten days. With so many ICOs liquidating their ETH holdings right now, that doesn’t look to change anytime soon.
If the crypto community was surprised by the respective coups of Stellar and XRP, they were positively flabbergasted by Bitcoin SV’s (BSV) debut on CoinMarketCap. Not only did Bitcoin SV get listed on CoinMarketCap within two weeks of the hard fork, but it debuted in the #8 spot – and climbed to #7 in less than two hours! Since then, it has fallen off a bit but is still holding steady as the #9 cryptocurrency by market cap.
Do you think that Stellar will be able to hold on to the #4 spot? Let us know in the comments below.
Images courtesy of Shutterstock, CoinMarketCap
The post Stellar Lumens (XLM) Edges Past Bitcoin Cash (BCH) into #4 Spot appeared first on Live Bitcoin News.