General Market
Outlook
The mild reversal from last week
seems to be holding steady, as Bitcoin, Ethereum and many altcoins
are showing consolidation in the past 24 hours, and trading volume
continues to climb. DigixDAO is them big standout of the top 100
coins up almost 20% in the past 24 hours. Bitcoin right around
$7,500 for -3% and Ethereum is nearing $590 for -5%. Market cap for
the overall cryptocurrency market was as high as $355 billion in
the past 24 hours, but now sits at around $335 billion. Some
investors are calling this recent charge a “bull trap” that will
set up the market for another downtrend.
Major
Headlines
John McAfee Running for
President 2020 & releasing currency
John McAfee gained his initial fame
and fortune as founder of the widely used antivirus software
McAfee. Since then he has become an outspoken cryptocurrency
proponent. Several of his tweets have made headlines, such as
calling for a BTC price of $500,000 by 2020.
Last week he tweeted that he will be
releasing a cryptocurrency with associated smart bills. Some of
this bills have his own picture on them. Most recently he
has announced that he will run
for president in 2020. In 2016 he was beat out by Gary Johnson to
represent the Libertarian party, but now says that he will create
his own party to run if he has to, in order to support the crypto
community.
Grocery shop with
cryptocurrency-friendly app Coin Grocer
An anonymous team launched a beta
version of an e-commerce website grocery
store that accepts cryptocurrencies. The website lists
more than 21,000 healthy and organically grown groceries and allows
Bitcoin, Litecoin, Ethereum and Monero payments at this time, as
well as standard credit card purchases. However the team has stated
that they want to completely remove credit card payments in the
future, while increasing the number of altcoins accepted. The site
partnered with GloBee to make the crypto-payments a reality. The
service is only available to the 48 Continental United States right
now.
Entire Australian town
converts to cryptocurrency
Australia’s largest airport began
accepting cryptocurrencies for goods and services recently.
Brisbane’s International Airport partnered with TravelbyBit to make the overhaul for travelers
may use Bitcoin, Dash, and Ethereum. The change has quickly
inspired more change. A local real estate agent started presenting
the idea of accepting cryptocurrencies to local businesses in order
to bring more tourism. “We started from the ground up, shared it
with a couple of businesses and they were straight on board … I
guess they were international travellers themselves and had heard
of these types of payments,” and now the total businesses involved
has reached 31. Using cryptocurrencies for international travel is
especially useful to avoid exchanging local currencies, as well as
the fact that it is digital and can’t be stolen from
you.
Top 5
Gainers
X-Coin (XCO) +73.46% at
$0.058919
Powercoin (PWR) +41.40% at
$0.000005
NoLimitCoin (NLC2) +37.18% at
$0.086591
Quark (QRK) +29.29% at
$0.018920
Rhenium (XRH) +21.81% at
$0.092653
Top 5
Losers
Fujinto (NTO) -51.16% at
$0.001507
Fitrova (FRV) -41.28% at
$0.000129
Peculium (PCL) -27.94% at
$0.004341
Authorship (ATS) -25.41% at
$0.018772
EXRNchain (EXRN) -25.35% at
$0.000099
New Coins
Listed
Lisk (LSK) listed to Huobi
Pro
QuarkChain (QKC) listed to Binance,
KuKoin, IDEX
0x (ZRX) listed to IDEX
BitRewards (BIT) listed to
IDEX
Distributed Credit Chain (DCC)
listed to IDEX
Tourist Token (TOTO) listed to
IDEX
By: BGN Editorial Staff
News:
Bitcoin
(BTC)
Ethereum
(ETH)
Cryptocurrencies
X-Coin
(XCO)
Powercoin
(PWR)
NoLimitCoin
(NLC2)
Quark (QRK)
Rhenium
(XRH)
Fujinto
(NTO)
Fitrova
(FRV)
Peculium
(PCL)
Authorship
(ATS)
EXRNchain
(EXRN)
Lisk (LSK)
QuarkChain
(QKC)
Ox (ZRX)
BitRewards
(BIT)
Distributed Credit Chain
(DCC)
Tourist Token
(TOTO)
