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Wednesday, December 12: cryptocurrency markets have seen moderate gains on the day, with all the top 20 coins by market capitalization in the green, according to Cointelegraph's Coin360.
Market display from Coin360
Bitcoin (BTC) started the day at around $ 3,414, then reaching its intraday peak of $ 3,534. At the time of printing, the main currency traded at $ 3,499, up 2.21 percent in the last 24 hours.
Chart of daily Bitcoin prices. Source: CoinMarketCap
Today, Cointelegraph reported that the R & D laboratory at the startup Crypto TenX has tested the use of its cross-blockchain interoperability protocol to exchange ERC-20 tokens. The goal was to exchange tokens – which run on the Ethereum platform (ETH) but are not strictly "natives" because they rely on invoking an intelligent contract to transfer ownership – for the smallest transportable unit of Bitcoin, known as "Satoshi", using the Lightning Network Protocol of second-level scalability.
The second largest Cryptocurrency Ripple (XRP) recorded a recovery and currently trades at $ 0.308 at the time of printing, an increase of 2.36% on the day. On its weekly chart, the currency fell by more than 9%, while its lowest price point was about $ 0.29 on 7 December.
7 days XRP price chart. Source: CoinMarketCap
The third cryptocurrency by market capitalization, Ethereum, is currently trading at $ 91.41, up 2.77% over the last 24 hours. The currency has seen substantial losses in the last week, down more than 12 percent.
Ethereum 7-day price table. Source: CoinMarketCap
Bitcoin SV (BSV), after having undergone a massive increase after Bitcoin Cash (BCH), saw a drop of more than 6 percent yesterday, December 11th. Today the altcoin moves sideways and is neither up nor down in the last 24 hours. BSV is trading at 90.14 at the time of printing, according to CoinMarketCap.
Yesterday, the exchange of cryptocurrency based in Malta, OKEx announced that it will list Bitcoin Cash ABC under the original Bitcoin Cash BCO ticker. The Bitcoin Cash SV ticker from BCHSV to BSV will also change.
BCH also saw some gains on the last day, up 1.8%. The altcoin is trading around $ 103 at the time of printing.
On its weekly overview, BCH has suffered considerable losses, almost 23%. The highest currency price during the week was $ 133.37 on December 6th, and subsequently fell to a low of $ 97.80.
Of all the top twenty currencies, only Tezos (XTZ) recorded double-digit earnings, up 13.82 percent in the day. The altcoin is trading at $ 0.415 at the time of printing.
The total market capitalization of all cryptocurrencies is around $ 110.9 billion at the time of printing, according to CoinMarketCap. The daily trading volume is about $ 11.8 billion, compared to about $ 107.8 billion at the start of the day.
Meanwhile, the Canadian city of Calgary, Alberta, launched its digital currency. Calgary Dollars works via a smartphone app that lists shops and restaurants participating in the program. Citizens can spend their Calgary dollars to pay for lunch, make a donation to some of the non-profit organizations in Calgary or buy tickets for municipal transport.
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