Kryptoin ETFs
Nov 29, 2018 · 2 min read
Kryptoin ETF Index & NAV Nov.29/18 9AM EST snapshot
Kryptoin ETF Index & NAV Nov.29/18 9AM EST snapshot
Coinmarketcap.com Cryptocurrency Market Cap Nov.29/18 9AM EST snapshot
Coinmarketcap.com Cryptocurrency Market Cap Nov.29/18 9AM EST snapshot

The Cryptocurrency Market Cap despite rising near $143B is up currently by 2.07% to $138.26B in a 24 hour span. The Kryptoin NAV is up slightly more by 3.6% to $28.77 as Bitcoin (BTC ) is up 2.13% to $4292.16 during the same time frame.

Bitcoin Sees Biggest Single-Day Price Gain Since April

Prices closed yesterday (UTC) at $4,257, a 24-hour increase of 11.43 percent and the highest daily gain since April 12, according to CoinMarketCap.

Back then, the cryptocurrency was trading above $6,900, 38 percent higher than the current price of $4,345. Interestingly, the 13 percent price gain witnessed that day had been preceded by a 45 percent drop and a minor bout of consolidation.

More importantly, the big bullish move of April 12 marked the beginning of the rally, which saw prices rise to near $10,000 by early May.

Similarly, yesterday’s 11 percent rise had been preceded by a 44 percent drop to 14-month lows below $3,400. Further, positive signs are building up on the short duration technical charts. As a result, bitcoin could be in for a short-term bullish reversal, similar to the one witnessed after April 12.

Daily chart for BTC Bitcoin Cryptocurrency
Daily chart for BTC Bitcoin Cryptocurrency
Bitcoin (BTC) Daily Chart

Read more.

Godbole, O. (2018). Bitcoin Sees Biggest Single-Day Price Gain Since April — CoinDesk. [online] CoinDesk. [Accessed 29 Nov. 2018].

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Kryptoin ETFs

The Kryptoin ETF System is a patent-pending platform that enables a digital token to be exchange-traded with a basket of cryptocurrencies. ETF Tokens are asset-backed and can be assembled to follow any index or benchmark of any sector or niche market globally. (Summarized for Sm

Kryptoin ETFs

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The first cryptocurrency ETF platform and coin: Consists of the Kryptoin 10 Index An ETF coin with a fundamental NAV A Trading Desk for market making

Kryptoin ETFs

The Kryptoin ETF System is a patent-pending platform that enables a digital token to be exchange-traded with a basket of cryptocurrencies. ETF Tokens are asset-backed and can be assembled to follow any index or benchmark of any sector or niche market globally. (Summarized for Sm