NEWSBTC: Dogecoin Gains as Coindroids Adds Support For DOGE - October 26th Cryptocurrency News

  • Friday, 26 October 2018 15:12
Well let’s take a little look back at the cryptocurrency market this week. The cryptocurrency market has been rather quiet, hovering around the $210 billion level this week. Bitcoin dropped under $6,500 yesterday. So let’s take a little look. This week we saw Bitcoin stuck under the $6,500 level. On Monday and Wednesday we saw it surpass this level, but it could not maintain this momentum as it continued to struggle this week. Today it remains under $6,500. Yesterday Dogecoin experienced the biggest losses out of the top 30, but today we saw it climb back into the green. This small boost came after Coindroids announced that they will be supporting Dogecoin ./ Coindroids describes itself as a completely skill-based game. Winners can apparently win cryptocurrencies from playing with their own crypto. Today Dodgecoin was back in the green, but on Thursday dodgecoin experienced losses of more than 5%. Dogecoin has been on a dramatic downward trend since September. We saw Dogecoin surge in September due to a couple of factors. Many dogecoins fans a blockchain bridge between Dogecoin and Ethereum. Developers are apparently working on a smart contract ‘bridge’ that will facilitate the transfer of Dogecoin to and from the Ethereum blockchain. Its listing on the Yahoo Finance iOS trading app also gave it a boost. And Cryptocurrency exchange Poloniex added dogecoin and four other USDT trading pairs. Dogecoin is currently in 25th place in terms of marketcap. Now let's take a quick look at some other crypto news. Japan’s Financial Services Agency this week gave the cryptocurrency industry the self-regulatory status. This gives legal power to the Japan Virtual Currency Exchange Association to police and sanction exchanges for any violations. Thanks for watching and have a nice weekend.

Additional Info

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.

Our main goal is to make crypto grow by making news and information more accessible for the masses.