Crypto to the Moon? 17 August Cryptocurrency Market Analysis

Crypto to the Moon? It might seem like it – but let’s look into the facts: what has happened in the cryptocurrency market during this week? What is next? Read on for the latest developments.

17 August, AtoZ Markets – It’s Friday – which means that working people are wrapping up their last emails for the week and making their last calls before jumping into the weekend. However, while for some people weekend means the time completely not related to any work activities, those who are into cryptocurrency markets, stay tuned and alert even throughout the weekend. 

Us too – we will be covering the latest analyses and interesting stories and developments regarding this rapidly developing market 24/7. 

Crypto to the moon? Cryptocurrency Market Sentiment Positive

To the moon! When Lambo? What does that mean?

While we have discussed the latter slang expression in our yesterday’s article, “to the moon” simply implies that a particular coin is about to rise significantly in value, based on certain predictions and analyses.

As a matter of fact, presently, cryptocurrency market seems to be picking up a moment – in the latest news, we have reported that the Thai regulator SEC has approved seven cryptocurrency businesses to operate in the country. In the official statement, Thai SEC has confirmed that Bitcoin Co. Ltd. (BX), Bitkub Online Co. Ltd., Cash2coins Co. Ltd., Group Co. Ltd. (TDAX), and Coin Asset Co. Ltd. have completed the review process and now are able to operate as legal crypto exchanges.

Today, we have received another great news – Ripple has added three cryptocurrency exchanges to its cross-border payments settlement product. The press release from the company notes that the Ripple has partnered with the US-based cryptocurrency exchange Bittrex, Mexican Bitso, and Philippine Coin.Ph cryptocurrency trading platform.

17 August Cryptocurrency Market Fundamental Analysis

In addition, today, we specifically want to draw your attention to a number of notable cryptocurrencies. Among them, 7markets co-founder Yagub Rahimov has singled out Bitcoin, Ethereum, and Stellar. He has shared his latest outlook regarding these cryptocurrencies with the public.

Have a watch – the latest BTC, ETH, and XLM price action analyses and a detailed fundamental analysis of cryptocurrency market sentiment from Yagub Rahimov.

Think we missed something? Let us know in the comments section below. 

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