General Market
Outlook
The market continues to recover
from last week. Nearly all coins are are in the green and trading
volume continues to rise. TenX (PAY) is by far the major stand out
of the top 100 coins - up over 38% in the past 24 hours. Bitcoin is
right around $6,600 for about +4% change and Ethereum is right at
$475 for +5.5% change in the past 24 hours. Market cap for the
overall cryptocurrency market rose quickly recently by over $13
billion doin to $268 billion total.
Major
Headlines
Tezos - Open Call For
Development
Tezos was the second most funded
ICO of all time, and will now be dipping into that pool to offer
grants to develop their product and organization. The company is
offering the grants for three broad purposes - 1. Research that
furthers the Tezos protocol and related technologies. 2.
Development of tools and applications to support the Tezos
ecosystem. 3. Efforts to strengthen and nurture the burgeoning
Tezos community. Their network is currently operating in a beta
version. Grant projects will likely facilitate launching their
mainnet.
Coinbase Announces Possible
Coin Additions
On Friday Coinbase announced they
are working on adding five new cryptocurrencies to their platform -
each coin quickly grew 10 or more percent on the news. They’re
experimenting with Cardano (ADA), Basic Attention Token (BAT),
Stellar Lumens (XLM), Zcash (ZEC), 0x (ZRX), however users will
likely not have full access to these coins through Coinbase. In a
way very similar to Robinhood or Circle Invest, investors will
“buy” the coins, but never have the actual wallet associated with
the coin. Their recent addition of Ethereum Classic (ETC) was quick
because the protocol is so similar to Ethereum (ETH), which they
already had support for.
TrustToken Seeks $61
Million
The fifth ICO to come off
AngelList’s cryptocurrency spin off CoinList hopes to raise $61
million to develop a tokenization platform. The company has been
very successful in the past with their releases of Origin (sharing economy platform), Props
(live-streaming), Blockstack (decentralized web
protocol) and Filecoin (token for cloud storage). However, they are
probably best known for the stablecoin TrueUSD, which is looking to
take over for Tether (USDT) as the most widely used USD-pegged
coin. On the new tokenization platform, the company would create
similar stablecoins pegged to the Euro and Yen.
Top 5
Gainers
TraDove B2BCoin (BBC) +243.30% at
$0.063186
BigUp (BIGUP) +70.29% at
$0.000332
TenX (PAY) +38.01% at
$1.01
Internxt (INXT) +35.00% at
$4.67
Soarcoin (SOAR) +33.85% at
$0.027237
Top 5
Losers
Super Bitcoin (SBTC) -% at
$18.03
Sumokoin (SUMO) -% at
$0.993799
Paragon (PRG) -% at
$0.074353
SRCOIN (SRCOIN) -% at
$0.001041
Trittium (TRTT) -% at
$0.047214
New Coins
Listed
CVCoin (CVCOIN) listed to
HitBTC
KCash (KCASH) listed to
Huobi
MyToken (MT) listed to
Huobi
By: BGN Editorial Staff
News:
Bitcoin
(BTC)
TenX (PAY)
Ethereum
(ETH)
Cryptocurrencies
ICO
Coinbase
TraDove B2BCoin
(BBC)
BigUp
(BIGUP)
Internxt
(INXT)
Soarcoin
(SOAR)
Super Bitcoin
(SBTC)
Sumokoin
(SUMO)
Paragon
(PRG)
SRCOIN
(SRCOIN)
Trittium
(TRTT)