General Market
Outlook
The market continues to move
downward but not as severely as yesterday. Most coins are still in
the red and trading volume has now slowed to $13 Billion in 24
hours. ChainLink (LINK) is the major stand out of the top 100 coins
by market cap - up almost 23% in the past 24 hours, but Metaverse
(ETP) is also performing well in the down market - up over 12% in
the past 24 hours. Bitcoin (BTC) is right around $6,500 for
+1% and a total market dominance of 48.9%, and Ethereum (ETH) is
right at $365 for +0.5% change in the past 24 hours. Market cap for
the overall cryptocurrency market has recently recovered from a
drop and around the same $229 billion total.
Major
Headlines
New Fiat Pairs Coming To
Bittrex
The exchange currently supports
deposits for Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and
TrueUSD (TUSD). The company also plans to further expand fiat
pairs. “In addition to broader acceptance, expanding fiat markets
to the top digital currencies on our trading platform will help
limit the dominance and influence of any one token over other
blockchain projects – a necessary evolution if we’re going to
unleash blockchain’s potential benefits for consumers and
businesses.” A greater diversity available in this way could affect
Bitcoin’s dominance of the cryptocurrency market, as in most cases
it is the only “on-ramp” into the market.
2018 ICO Investment Up
Again
A detailed report by ICORating.com shows
major positive trends so far this year related to ICOs. The funding
rounds have raised over $11 billion this year already. Through the
first half of 2017, ICOs raised only just over $1 billion. In the
second quarter this year alone, 827 projects raised over $8 billion
in funding. North America has participated in ICOs with the highest
investment total, accounting for 64.67% of funding. However of the
827 projects, 46% have been launched out of European countries,
which is likely due to the more accommodated laws in countries such
a Malta and Switzerland. The European Union has been well ahead of
the U.S. in researching and creating regulation for the
cryptocurrency markets overall.
MetaMask Hardware Wallet
Integration
Hardware wallets are the most
secure way to store your cryptocurrencies. Ledger and Trezor are
the to more prominent brands. This week the popular web wallet
MetaMask announced the Trezor is now supported by their wallet.
This means that the web wallet has access to the hardware wallet,
but maintains its security. This is made possible by a virtual
version of the users hardware wallet being an intermediary so that
true access to the hardware wallet remains unconnected from the
internet except in the instant that transactions are made. Users
can check their account balance, sign transactions, and use
blockchain apps without compromising their coins
security.
Top 5
Gainers
Ethorse (HORSE) +123.61% at
$0.035016
PKG Token (PKG) +88.94% at
$0.000033
Patron (PAT) +62.62% at
$0.019851
Super Bitcoin (SBTC) +47.16% at
$4.44
Bitcoin File (BIFI) +37.12% at
$0.010965
Top 5
Losers
SRCoin (SRCOIN) -47.06% at
$0.003757
BrokerNekoNetwork (BNN) -42.48% at
$0.000065
Bodhi (BOT) -36.58% at
$0.083845
XOVBank (XOV) -28.73% at
$0.004738
MyBit Token (MYB) -26.68% at
$0.024641
New Coins
Listed
The Abyss (ABYSS) listed to
Bittrex
Stellar Lumens (XLM) listed to
Bitpanda
The Abyss (ABYSS) listed to
Ethfinex
BlockPass (PASS) listed to
Ethfinex
Matrix AI Network (MAN) listed to
Ethfinex
Engagement Token (ENGT) listed to
HitBTC
HuobiToken (HT) listed to
Yobit
Nexo (NEXO) listed to
Yobit
Model X (MODX) listed to
Yobit
Aurora (AOA) listed to
Yobit
By: BGN Editorial Staff
News:
Bitcoin
(BTC)
ChainLink
(LINK)
Ethereum
(ETH)
Metaverse
(ETP)
ICO
Ethorse
(HORSE)
PKG Token
(PKG)
Patron
(PAT)
Super Bitcoin
(SBTC)
Bitcoin File
(BIFI)
SRCOIN
(SRCOIN)
BrokerNekoNetwork
(BNN)
Bodhi (BOT)
XOVBank
(XOV)
MyBit Token
(MYB)