General Market
Outlook
The market continues to make upward
movement. Nearly all coins are in the green and trading volume has
been substantially higher than last week, now between $13 billion
and $14 billion in 24 hours. Mixin (XIN) and Basic Attention Token
(BAT) are the major stand outs of the top 100 coins by market cap -
up over 10% and 7% respectively in the past 24 hours. The value of
Bitcoin (BTC) is nearly/just over/roughly/right at $6,450 for +2%
and a total market dominance of about 52.6%, and the value of
Ethereum (ETH) is nearly/just over/roughly/right at $210 for +2?%
change in the past 24 hours. Market cap for the overall
cryptocurrency market steadily gained over $3 billion, rising to
$212 billion total.
Major
Headlines
SEC Makes Promises at
Fintech Conference
The director of corporate finance
within the U.S. Securities and Exchange Commission (SEC) spoke at
the Washington D.C. Fintech week conference on upcoming regulatory
changes. He noted that the SEC plans to clarify securities
classification guidelines for cryptocurrencies soon, and that
further, they will be in "plain English." They hope that the
new guidelines will help developers determine whether ICO may be
classified as a security or not without needing assistance from the
SEC itself: "Once you determine whether you have a security, we're
going to have in that guidance, 'how do I go about registering' and
'how do I go about doing an exempt offering.’”
IBM’s Newest Patent
Application
Augmented reality is an entirely
new field for established norms to adjust to. IBM is now taking
steps to draw the lines between the interactions of augmented
reality and physical reality. The patent describes a method to keep
game players from intruding on undesirable locations. It uses a
blockchain-based method and system of interactions between a
AR-running mobile device and locational database. A blockchain
ledger is perfect to maintain rules that should not be changed, and
in this case is used for a growing list of data records protected
from forgery and alterations.
Coinbase Adds Another
Coin
Now available on the professional
trading platform of Coinbase, Basic Attention Token was given a
major boost. As the native token for the Brave browser BAT
facilitates the peer-to-peer system of payment for reducing
advertisements and increasing recognition for user created content
on the internet. Coinbase announced Friday that it would begin
accepting BAT. In less than five minutes following the
announcement, BAT rose nearly 30%. As with other token additions,
it will be added in four stages to ensure liquidity: transfer-only,
post-only, limit-only, and finally, full trading.
Top 5
Gainers
Mark.Space (MRK) +127.05% at
$0.019680
CrypticCoin (CRYP) +76.83% at
$0.004166
Joint Ventures (JOINT) +64.90% at
$0.002955
IXTUS Edutainment (IXE) +62.92% at
$0.022411
StarCoin (KST) +48.01% at
$0.012403
Top 5
Losers
RusGas (RGS) -39.40% at
$0.000006
Provoco Token (VOCO) -28.17% at
$0.076744
Global Currency Reserve (GCR)
-27.87% at $0.076865
EvenCoin (EVN) -24.68% at
$0.044031
Cashcoin (CASH) -23.69% at
$0.002966
New Coins
Listed
Rotharium (RTH) listed to
Cryptopia
Callisto Network (CLO) listed to
IDAX
GXChain (GXS) listed to
Indodax
Odyssey (OCN) listed to
ZBG
By: BGN Editorial Staff
