๐Ÿ—ž Daily Crypto News, January 4th ๐Ÿ’ฐ

  • Total Crypto Market Cap Hits New All-Time High Over $700 Bln;
  • Ripple Pushes Past $3, Reaches Almost Half Bitcoinโ€™s Market Cap
  • Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets
  • Government Think Tank to Trial Blockchain Verification in India
  • Stellar Lumens Surpasses LTC, Price Nearing $1

๐Ÿ—ž Total Crypto Market Cap Hits New All-Time High Over $700 Bln

The total market capitalization of all cryptocurrencies reached a new all-time high today over $700 bln. The overall market cap was around $713 bln at press time. The previous record high for overall market cap was $654 bln on Dec. 21, 2017.

Read more & Source: https://cointelegraph.com/news/total-crypto-market-cap-hits-new-all-time-high-over-700-bln

๐Ÿ—ž Ripple Pushes Past $3, Reaches Almost Half Bitcoinโ€™s Market Cap

Ripple (XMR), currently the second largest cryptocurrency by market capitalization, has continued its recent rally, crossing the $3 per coin mark. At press time, the altcoin was trading at an average of $3.12.

Read more & Source: https://cointelegraph.com/news/ripple-pushes-past-3-reaches-almost-half-bitcoins-market-cap

๐Ÿ—ž Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets

Predicting the price movements of cryptocurrencies is a dark art that combines technical and fundamental analysis with an understanding of human psychology. A recent analysis dispels a little of that darkness by revealing the interdependence of altcoins. Its findings? When altcoins fall, they often fall in unison.

Read more & Source: https://news.bitcoin.com/statistical-analysis-reveals-ties-that-bind-the-cryptocurrency-markets/

๐Ÿ—ž Government Think Tank to Trial Blockchain Verification in India

An Indian government policymaking body is eyeing the potential applications of blockchain technology across various sectors.

As part of that process, the National Institution for Transforming India, known as NITI Aayog, is developing a proof-of-concept to explore blockchain in key sectors including education, health and agriculture, the Economic Times says.

An anonymous senior government official reportedly said that blockchain's promise in secure document verification is the primary reason for potential adoption of the tech.

Read more & Source: https://www.coindesk.com/government-think-tank-to-trial-blockchain-verification-in-india/

๐Ÿ—ž Stellar Lumens Surpasses LTC, Price Nearing $1

The first few days of 2018 have shown a booming start of the year for cryptocurrency, with the total market value pushing new all-time highs and many coins seeing huge bull trends. Among these, Stellar Lumens (XLM) is emerging as perhaps the biggest winner.

Read more & Source: https://themerkle.com/stellar-lumens-surpasses-ltc-price-nearing-1/

๐Ÿ—ž Daily Crypto News, January 3rd๐Ÿ’ฐ
๐Ÿ—ž Daily Crypto News, January 2nd๐Ÿ’ฐ
๐Ÿ—ž Daily Crypto News, January 1st๐Ÿ’ฐ
๐Ÿ—ž Daily Crypto News, December 31st๐Ÿ’ฐ

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