General Market
Outlook
The market is now consolidating
after the strong downturn of the past couple days. Coins are split
between green and red, with trading volume now slowed by $5 billion
since yesterday to about $13 billion in 24 hours. Holo Chain (HOT)
and Dash (DASH) are the major stand outs of the top 100 coins by
market cap - up over 15% and 10% respectively in the past 24 hours.
Bitcoin (BTC) is right around $6,500 for about +0.5% and a
market dominance of about 54.7%, and Ethereum (ETH) is right at
$220 for -3.5% change in the past 24 hours. Market cap for the
overall cryptocurrency market climbed over $4 billion, but has
since fallen back to $204 billion total as it was
yesterday.
Major
Headlines
Crypto.com Secures
Partnership For Crypto Card
Before year end, 100,000 Visa debit
cards backed by cryptocurrency will be issued by Crypto.com
(previously Monaco). The cards will be licensed only in Singapore
in partnership with Wirecard Bank of Germany, and receive rewards
in cryptocurrency. Crypto.com has plans for other financial
services with help from Wirecard as well, such money lending backed
by cryptocurrency. Cards will support Bitcoin, Litecoin, Ethereum,
Binance Coin, and the company’s own cryptocurrency, MCO. “We
believe our product addresses a real need, and enhances trust in
digital assets” - Kris Marszalek CEO Crypto.com.
New Industry Agnostic
Blockchain Services
Former employees of leading global
professional services firm Deloitte are launching a new blockchain
based supply chain platform called SUKU. The supply chain
coordination platform was developed through Citizens Reserve, a
company focused on professional services through blockchain
integration. The “SUKU ecosystem” seeks to improve how shipments
are coordinated and tracked around the world, using both the
ethereum and quorum blockchains. The system includes a
bid-and-order marketplace to write automated contracts, essentially
creating "supply chain-as-a-service" hub. "The current supply chain
environment is complex and difficult to navigate. Almost all
enterprises require a supply chain to some extent, but the
technology supporting them remains expensive, inefficient and
fragmented." - Eric Piscini SUKU CEO (Deloitte's former global
blockchain lead)
Marijuana Magazine
Accepting Crypto For IPO
High Times Magazine announced they
would become a public company last year, but has delayed the
process until recently. Their initial statement included that they
would accept cryptocurrency payments directly to take stake in
their organization, however U.S. regulatory issues forced them to
recind that decision. However, they have now brought on a third
party payment processing company called Fund America to act as a
middle man. In this way, investors can pay with BTC or ETH, but the
coins are never actually held by the High Times
organization.
Top 5
Gainers
FedoraCoin (TIPS) +169.08% at
$0.000021
Couchain (COU) +87.38.% at
$0.000059
Arbidex (ABX) +76.60% at
$0.065927
Webcoin (WEB) +45.12% at
$0.018173
All Sports (SOC) +32.55% at
$0.021115
Top 5
Losers
HeartBout (HB) -41.91% at
$0.026183
MIB Coin (MIB) -40.34% at
$0.070895
AVINOC (AVINOC) -35.93% at
$0.005284
CVCoin (CVN) -34.22% at
$0.356286
Profile Utility Token (PUT) -27.88%
at $0.017115
New Coins
Listed
Zcash (ZEC) listed to
CoinJar
Ontology (ONT) listed to
BiBox
Hycon (HYC) listed to
Bit-Z
By: BGN Editorial Staff
News:
Bitcoin
(BTC)
Ethereum
(ETH)
HoloChain
(HOT)
Dash (DASH)
Blockchain
FedoraCoin
(TIPS)
Couchain
(COU)
Arbidex
(ABX)
Webcoin
(WEB)
All Sports
(SOC)
HeartBout
(HB)
MIB Coin
(MIB)
AVINOC
(AVINOC)
CVCoin
(CVCOIN)
Profile Token
(PUT)
Cryptocurrencies
