General Market
Outlook
The market has made significant
downward movement. Nearly all coins are in the red with trading
volume jumping by almost $4 billion to over $16 billion in 24
hours. Etheera (ETA) is the major stand outs of the top 100 coins
by market cap - up over 11% and ?% respectively in the past 24
hours. The value of Bitcoin (BTC) is down to $5,850 for -8% and a
total market dominance of about 53.7%, and the value of Ethereum
(ETH) dropped down to $185 for -11% change in the past 24 hours.
Market cap for the overall cryptocurrency market declined by about
$23 billion, falling to $189 billion total.
Major
Headlines
Official Tokenized Asset
Platform In Singapore
Singapore Exchange Limited (SGX)
partnered with the Monetary Authority of Singapore (MAS), to pilot
a blockchain platform to tokenize various assets. After a seamless
testing period that began in August, the platform will be made
available to the public. The consulting work of Deloitte, and
Singaporean tech company Anquan during this period played a pivotal
role in the effective launch. The new system is called a Delivery
versus Payment (DvP) method, and has been submitted for patent
approval. “Based on the unique methodology that SGX developed to
enable real-world interoperability of platforms, as well as the
simultaneous exchange of digital tokens and securities, we have
applied for our first-ever technology patent.” - Tinku Gupta, Head
of Technology at SGX
SpendBitcoins Ads U.S.
Government Program
In the state of Ohio in the U.S. a
science center is now accepting Bitcoins as a payment method. The
Great Lakes Science Center now uses BitPay to facilitate BTC
payments. There are at least two other U.S. museums that accept
Bitcoin as well – the Museum of the Coastal Bend in Texas and St.
Petersburg Museum of History in Florida. The change is part of a
greater movement in the region, where retail locations hope to
build upon the energy behind the new technology. “Accepting bitcoin
is just a small part of the momentum to grow a blockchain ecosystem
in Cleveland" - CEO Kirsten Ellenbogen
UK Cancer Research
Blockchain Platform
The government of Austria is now
using a U.K. cancer research company that developed a
blockchain system to help detect the disease. The device can detect
multiple cancer types and record screening results with smart
contracts on blockchain. It was developed by Lancor Scientific, who
claims as high as 90% accuracy. The company has plans to open a
research laboratory in the city of Graz where they will work with
local universities including the Technical University of Graz, the
Medical University of Graz, and the Sigmund Freud University Vienna
on international research projects as well.
Top 5
Gainers
Nasdacoin (NSD) +25.73% at
$1.24
OptiToken (OPTI) +24.02% at
$0.100756
AirWire (WIRE) +22.54% at
$0.012343
Bitcoin Cash SV (BCHSV) +17.77% at
$182.31
Paygroundz (IOG) +17.17% at
$0.320867
Top 5
Losers
Morpheus Labs (MITX) -41.55% at
$0.007019
Bitcoin Cash ABC (BCHABC) -38.91%
at $230.09
SPINDLE (SPD) -37.62% at
$0.001419
Pedity (PEDI) -34.84% at
$0.002010
SpaceChain (SPC) -34.60% at
$0.016904
New Coins
Listed
PeerCoin (PPC) listed to Fubt
Exchange
E-Dinar Coin (EDR) listed to
IDAX
By: BGN Editorial Staff
