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Key facts:
The market for cryptocurrencies is in fall. The altcoins lost nearly -10%.The price of bitcoin recorded, on average, about 6% less in these seven days.Between 9 and 15 may, the market of the cryptocurrencies turned red. Except some exceptions, almost all cryptocurrencies decreased in price. A few altcoins were growing, and mostly we observed a decrease of up to nearly 10% less.The main criptomoneda of the market, BTC, presents a drop of almost -6%, after rising the previous weeks. This is after having occurred the halving, or reduction to the half of the reward for the miners in the network, the past 11 of may. In consequence, its value ranged between $ 9.863 the 9th day of may, and USD 9.502 at the time of this writing, according to the statistics of Live Coin Watch.The price of other cryptocurrencies of importance also is in drop. Ether (ETH) lose on average -7%, while ethereum classic (ETC) low 7.9 percent, litecoin (LTC) falls to 9.6%, and XRP from Ripple records -8,6% less.Between the cryptocurrencies highlights of the week are IOTA (MIOTA), monero (XMR), dogecoin (DOGE), bitcoin (BTC), and nem (XEM). All are included in the top to be the cryptocurrencies that had lower levels of loss in these seven days, even when you are trading at the low.
IOTA
The network of IOTA running transactions within the digital economy of the Internet of things (IoT, or Internet of Things). The criptomoneda of this network is to MIOTA, based on a book distributed, called Tangle. The token is among those that recorded the least decline this week. Its floor was of -1,26%, cotizándose to USD 0,199 at the close of this report.Following a peak of USD 0,214 may 9, the criptoactivo fell to 0,174 dollars the 10th of the same month. After several corrections in the following days, the 11th of may, the price begins a slow climb up to reach another peak of USD 0,21, may 14. The capitalization of IOTA is USD 553,2 million, with a trade volume of USD 12.2 million in the last 24 horas.De according to what you read in your corporate blog, this may 15, during the next two quarters will be devoted to specify, implement, test, and update the core network of IOTA (and the technologies adjacent) to a new version of the protocol. In this way, there will be a transition between the updates of Chrysalis (IOTA 1.5) and Coordicide (IOTA 2.0).Source: Live Coin Watch
Monero
With a focus directed primarily towards the privacy, XRM recorded one of the averages lower depreciation this week, with a decline that is estimated to be -1,66%.The price started from USD 64,44 may 9 and fell to a minimum of USD 55,77 on the same day. Then began to rise up to a maximum of us $ 75,94 on the 14th of may, being its higher price. Shortly after he began to lose. For the time of this writing, its value is USD USD 62,92. The market capitalization is more than USD 2.362 million and the volume of daily trade of USD 1.460 billion.Among the recent information about the criptomoneda, is the presentation of a film about cryptocurrencies, made by enthusiasts of Monero, which is ranked number 1 in the box office of the united States during the month of April. Monero means Money: cryptocurrency 101 —”Monero is money”— raised USD 3.430 in sales. The film is listed as the documentary number 1 of cryptocurrencies in the Database of Movies from the Internet (IMDb, for its acronym in English).Source: Live Coin Watch
Dogecoin
Dogecoin is located between the cryptocurrencies more valued for the second week in a row. In the past seven days, its price experienced a decline of approximately -4,30%.The criptomoneda, based on the popular Internet meme “doge”, he began to lose steadily in the seven days since may 9, going from USD 0,002617 to USD 0,002515 for this may 15. The drop was noticeable on the 11th of may, reaching a minimum of USD 0,002369. For the may 14, rises to a peak of USD 0,002623. The market capitalization is USD $ 302,5 million, with a daily volume of USD 76.7 per million.Although the number of transactions with DOGE comes increased since the 20 of last February, when we recorded about 25,000 transactions daily, then moving to more than 40,000 transactions in may; the number began to diminish this week when we recorded a few 31.348 daily transactions.Source: Live Coin Watch
Bitcoin
Bitcoin (BTC) is located between the cryptocurrencies more valued for the second week. This time, however, its price is not rising, but falling. Just that your level of fall is one of the less significant, in comparison with other cryptocurrencies. The weeks pass the value of BTC was in frank ascent, up to two days before the halving. The average drop was -5,96%.On the 9th day of may, the price dropped significantly, passing from USD $ 9.864 to $ 8.643. The minimum value on the same day of the halving, when it came to $ 8.400. Later the price goes back up gradually with slight corrections until you arrive at the current price, of around USD 9,000.The predisposition to low remains in these last few hours, with a decrease of 4% in 24 hours. At the time of writing this report, the capitalization is USD 302.559 million, while the volume of daily trading is USD 76.712 million.Among the first indicators that appear after the reduction, is a reduction of the hash rate estimated at more than 16% for the 14th of may, after reaching historic levels prior to the halving. According to the data of Coinwarz, the hash rate of Bitcoin reached a minimum of 97,8419 EH/s during the 13 of may. Bitcoin reached figures of 120 EH/s to 144 EH/s of hash rate during the 3 days prior.Source: Live Coin Watch
NEM
XEM is the criptomoneda native platform NEM (New Economy Movement). Your quote kicked off the week with a valuation of USD 0,043 on the 9th of may. The following days he kept a steady decline that was delivered the day 11 and took the criptomoneda to USD 0,036. Then began to rise slightly, and from the 12th of may the price remains more or less stable. At the time of this report is quoted in USD 0,039.On average, criptomoneda low less 6.02 percent in these seven days. The market capitalization is around USD 558,3 million, with a volume of daily trade of USD 12.5 million.The news that the Foundation NEM spread this week is the open debate in the community around the strategy followed by the Group of Nem. In that sense, we established a commitment to develop a new marketing strategy, in addition to a web site update for may 31. The idea is to launch the first version of the product Symbol and NEM Platform (NIS1).Source: Live Coin Watch