Daily Cryptocurrency Tracker 5.3.19: Binance Coin leaps 16%

The cryptocurrency market remained on its negative trajectory over the past 24 hours, as 6 of the top 10 cryptos registered losses. At the time of writing, Bitcoin was seen slightly lower, still trading below the $3,800 mark.

Highly volatile investment product. This is not investment advice. Your capital is at risk.

BNB leaps 16%

Of the 4 top 10 cryptos that registered gains over the past 24 hours, Binance Coin (BNB) registered the largest gains, up by more than 16% at the time of writing. Starting the week as the 10th largest crypto by market cap, Binance Coin has since climbed to the 8th spot, currently holding a market cap of more than $1.8 billion. Despite the crypto market showing an overall downtrend over the past week, BNB has been on a bull run, adding more than 37% to its value over the past 7 days.

Highly volatile investment product. This is not investment advice. Your capital is at risk.

Lyft partners with blockchain startup for healthcare transportation

Ridesharing giant Lyft has partnered with Estonia-based Solve.Care, a blockchain startup focused on tokenizing healthcare services. The partnership will enable patients to use the Lyft platform to schedule rides for doctor visits, hospitals and pharmacies, enabling them to easily share payment with others using utility token SOLVE and Solve.Care’s digital wallets. The partnership is both a step forward in utilizing blockchain for healthcare and the combining of ridesharing with health services.

eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptocurrencies can fluctuate widely in price and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance is not an indication of future results. This is not investment advice. Your capital is at risk

The post Daily Cryptocurrency Tracker 5.3.19: Binance Coin leaps 16% appeared first on eToro.

Share