Bloomberg finance charts crypto.
This article discusses the Bloomberg Terminal's new crypto charts. The charts will track major cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. The article also discusses the potential implications of this move by Bloomberg.
bloomberg finance charts: Bitcoin & Ethereum continue to surge
Bitcoin and Ethereum continue to surge, with the two digital currencies now worth more than $3,000 each.
bloomberg finance charts: Ripple's XRP plummets amid SEC lawsuit
Ripple's XRP plummets amid SEC lawsuit
Ripple (XRP) is seeing some significant selling pressure as the company faces mounting legal pressure from the U.S. Securities and Exchange Commission.
As of writing, XRP was trading at $0.894, down more than 10% on the day.
The SEC filed a lawsuit against Ripple on Tuesday, alleging that the company fraudulently misled investors about its xRapid product. The suit alleges that XRP is not a currency and does not meet the definition of a security.
This news comes as a major blow to Ripple, which has been riding high on the wave of bullish sentiment surrounding its XRP token.
XRP has seen a significant surge in value over the past few months, rising more than 1,000% since the beginning of the year. But this surge may be coming to an end, as Ripple's legal problems could lead to a substantial sell-off in XRP.
bloomberg finance charts: Litecoin gains as Bitcoin prices stagnate
Litecoin prices surged higher on Wednesday as Bitcoin prices continued to stagnate.
Litecoin prices are up more than 10% on the day as of writing, while Bitcoin is down 0.5%.
Bitcoin prices have been in a freefall since the beginning of the year, dropping more than 50% from their all-time high. Litecoin, by contrast, has seen modest price growth over the past month.
Some analysts believe that Litecoin could eventually supplant Bitcoin as the leading cryptocurrency. Litecoin has faster transactions and is also more efficient than Bitcoin when it comes to mining.
bloomberg finance charts: Bitcoin Cash forks successfully, prices rise
Bitcoin Cash, a fork of the original Bitcoin, successfully forked on November 15. Prices for Bitcoin Cash surged, reaching a high of $2,450 on December 12.
Bitcoin Cash prices have since declined, but are still above $1,000.
bloomberg finance charts: Stellar Lumens up on news of Coinbase listing
Stellar Lumens (XLM) is up 2.5% on news that Coinbase is listing the coin.
bloomberg finance charts: Monero prices tumble on ASIC miner launch
Monero prices tumble on ASIC miner launch
According to data from CoinMarketCap, the price of monero fell by as much as 20% following the release of ASIC miners for the cryptocurrency. The miners, which are made by Bitmain, allow for the speedy mining of monero and other cryptocurrencies.
bloomberg finance charts: Ethereum Classic hard fork imminent, prices volatile
Ethereum Classic is set to hard fork on November 15th, with prices volatile in the lead-up.
bloomberg finance charts: NEO price climbs on Chinese exchanges
NEO price climbs on Chinese exchanges
The NEO price rose by 5.94% against the US dollar and 4.87% against the Chinese yuan during the 24-hour period ending at 8:00 PM EDT on August 8th. The price was $27.06 on Binance, $29.53 on Huobi, and $30.92 on OKEx.
NEO is currently the fifth most valuable cryptocurrency by market capitalization.
bloomberg finance charts: Dogecoin price surges on Reddit hype
Dogecoin prices surged on Reddit hype on Wednesday after a user posted a satirical article about the digital currency.
The article, which has since been deleted but was captured in a screenshot, proposed that Dogecoin be used to buy goods and services on Amazon.com. The post received more than 1,000 upvotes and 50 comments before it was deleted.
Dogecoin prices surged from around US$0.0073 to over US$0.08 on Wednesday morning, according to CoinMarketCap.com.
