General Market
Outlook
The market continued a slight
uptrend over the weekend, and has now settled into a consolidation
for the most part. There are no big 20% or more gainers today, but
many coins are in the green with trading volume maintaing a higher
rate than two weeks ago. The two major stand outs of the top 100
coins are Digibyte (DGB) and Nuls (NULS) - up over 15% and 13%
respectively in the past 24 hours. Bitcoin is right around $6,800
for about -1% change and Ethereum is right at $485 for -2.5% change
in the past 24 hours. Market cap for the overall cryptocurrency
market was briefly over $280 billion total on sunday but has now
come down to $274 billion.
Major
Headlines
Two New Positions Added To
Facebook’s Blockchain Program
Facebook is still low-key setting
up their blockchain technology development program with two new
positions added last week. 1. Evan Cheng: Masters in Computer Science from Syracuse
way back when Clinton was getting re-elected in 1996. By 2005 he
had a job with Apple, where he worked for a decade, before joining
Facebook in 2016 as a Director of Engineering, now with a focus on
Blockchain. 2. Kevin Weil: After getting his Masters in Physics
from Stanford in 2006, this guy has an extensive background working
for (among several others) Microsoft, Twitter, Instagram and now
Facebook as VP of Product, Blockchain.
Donations To Japan Flood
Victims From Binance
Binance is always making headlines,
usually related to exchange malfunctions or about their new offices
the most crypto-friendly
countries - Malta. Instead Binance CEO Changpeng Zhao
tweeted Saturday that the company will “begin” with a donation $1
million (made in BNB, BTC, or JPY) to victims of the torrential rains, flooding and mudslides happening
in Japan. He also encouraged their “crypto partners” to make
donations as well. It was only a couple weeks ago that Coinbase
launched GiveCrypto, but it looks like Binance is
beating them to the punch without even having an establish donation
platform. Binance has set up a makeshift donation process for
users of the exchange to make donations.
eToro Joins U.S. Mobile
Investment Platform Competition
Competition between Circle,
Robinhood, Square and Coinbase has grown significantly recently, as
each platform has added features that blur the lines between each
of them. Back in May eToro gathered up an additional $100 million in
funding and announced they would be bringing their
platform to good ol’ U.S. of A, as well as adding cryptocurrency to
their product offerings. They currently have over 10 million
registered users in 140 different counties. For reference,
Robinhood has around 2 million just in the States. They will be
releasing a crypto wallet soon (Bitcoin, Ethereum, Bitcoin Cash,
Ripple, Dash, Litecoin, Ethereum Classic, Stellar Lumens, NEO), and
adding an exchange platform by end of Q4.
Top 5
Gainers
ERA (ERA) +136.48% at
$0.017261
BitcoinX (BCX) +61.71% at
$0.011870
United Bitcoin (UBTC) +44.26% at
$5.07
AirSwap (AST) +43.71% at
$0.234247
Sumokoin (SUMO) +40.29% at
$0.815711
Top 5
Losers
StarCoin (KST) -38.20% at
$0.014389
Quantum (QAU) -36.72% at
$0.157561
DecentBet (DBET) -34.30% at
$0.086792
Cashaa (CAS) -33.25% at
$0.027833
Hurify (HUR) -29.91% at
$0.032189
New Coins
Listed
BiFrost (FROST) listed to
Cryptopia
WhiteCoin (XWC) listed to
Cryptopia
IQCash (IQ) listed to
Cryptopia
IvyKoin (IVY) listed to
Cryptopia
By: BGN Editorial Staff
News:
Cryptocurrencies
Bitcoin
(BTC)
Ethereum
(ETH)
Nuls (NULS)
Digibyte
(DGB)
Facebook
Blockchain
Binance
(BNB)
eToro
Robinhood Cryptocurrency
Exchange
Circle
Square
Coinbase
ERA (ERA)
BitcoinX
(BCX)
United Bitcoin
(UBTC)
AirSwap
(AST)
Sumokoin
(SUMO)
StarCoin
(KST)
Quantum
(QAU)
DecentBet
(DBET)
Cashaa
(CAS)
Hurify
(HUR)
