By eToro

Daily Cryptocurrency Tracker 18.3.19: Bitcoin reaches $4,000

After showing impressive gains over the weekend, including a significant uptick that pushed Bitcoin above $4,000, the cryptocurrency market was seen lower over the past 24 hours. Since yesterday, 8 of the top 10 cryptos registered losses, however, at the time of writing, only 2 of which registered movements higher than 1%.

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Bitcoin Cash leaps more than 5%

While the majority of the top 10 cryptos registered price movements lower than 1%, Bitcoin Cash showed both the largest price swing and the highest gains over the past 24 hours. At the time of writing, BCH prices were seen more than 5.5% higher. Bitcoin Cash is currently ranked 6th by market cap and is at a price level not seen in more than 2 months. Over the past week, Bitcoin Cash has been on a bull run, climbing more than 21%.

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

Ping An partners with AI blockchain startup

Chinese insurance giant Ping An, considered the largest insurance provider in the world, has partnered with blockchain startup SingularityNET, according to a press release published by the latter. According to the released SingularityNET will aid Ping An in the areas of Optical Character Recognition (OCR) and Computer Vision (CV), using its blockchain-based AI technology. This is not Ping An’s first blockchain project, as the corporation is also involved in smart city and banking solutions which utilize the technology.

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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