General Market
Outlook
The market is sliding down
somewhat, but not nearly to lows of last week. Nearly all coins are
down somewhat and trading volume around the same $11.5 Billion in
24 hours. ChainLink (LINK) and VeChain (VET) are the standouts of
the top 100 coins by market cap - up almost 10% and ?5%
respectively in the past 24 hours. Bitcoin (BTC) is right
around $6,400 for -0.5% and a total market dominance of about
53.0%, and Ethereum (ETH) is right at $280 for -4% change in the
past 24 hours. Market cap for the overall cryptocurrency market is
down just under $4 billion to $209 billion total.
Major
Headlines
$818,433 From U.S.
Government To Blockchain Project
Subhashini Sivagnanam, a researcher
and software architect at the University of California-San Diego
won a research grant for a distributed ledger project. He works
with the Data Enabled Scientific Computing division at the San
Diego Supercomputing Center. The grant is from the National Science
Foundation (NSF), and will be used to develop the Open Science
Chain (OSC). The proposed network which will help researchers
efficiently access and verify data collected through scientific
experiments. Researchers will easily add metadata and verification
information about their scientific datasets easily updating the
datasets, while the blockchain structure maintains the entire
unedited history of changes. The grant will begin on Sept. 1, 2018,
and carry through until Aug. 31, 2021
UPS Blockchain
Patent
A patent was filed back in February
by UPS that uses blockchain technology to streamline the process of
multi-carrier deliveries. The proposal shows a method for
distributed ledger technology to maintain a package or packages’
origin, a destination, and transportation parameters that can be
easily read across various delivery services. The process includes
a matching service that stores shipping rates on the network, to
generate a most efficient transportation plan for the package
according to its shipment parameters. This portion is divided by
each leg of delivery, so that the most efficient service can be
used every time. And finally, the process includes live payment
processing for the shipment with each leg of delivery.
Bitcoin ETN Available to
U.S. Citizens
Bitcoin Tracker One, is now quoted
in U.S. dollars under the ticker CXBTF, helping brokerages offer it
to American investors. This is an Exchange Traded Note, meaning
that the value is dependent on debt, rather than a pool of assets
that are the basis for ETFs. It was created by CoinShares Holdings,
and started trading in Sweden on the NASDAQ Stockholm exchange in
2015. Bitcoin and other cryptocurrency related ETFs have been
making headlines this month, but the only definite results in the
U.S. have been rejection from the SEC. “I do see this as a
competitive product. Our products historically have not traded at a
premium and are liquid.” - Ryan Radloff, CEO CoinShares
Holdings
Top 5
Gainers
Defense (DFS) +172.12% at
$0.306200
OptiToken (OPTI) +104.47% at
$0.166983
ShowHand (HAND) +83.40% at
$0.000032
IHT Real Estate Protocol (IHT)
+42.41% at $0.024832
Morpheus Labs (MITX) +31.30% at
$0.011403
Top 5
Losers
EPLUS Coin (EPLUS) -36.48% at
$1.32
IGToken (IG) -28.35% at
$0.000094
HeartBout (HB) -27.45% at
$0.051623
TrustNote (TTT) -25.53% at
$0.009734
Flash (FLASH) -23.90% at
$0.007587
New Coins
Listed
TomoChain (TOMO) listed to
Cryptology
By: BGN Editorial Staff
News:
Bitcoin
(BTC)
Ethereum
(ETH)
ChainLink
(LINK)
VeChain
(VEN)
Blockchain
UPS
Blockchain
Cryptocurrencies
Defense
(DFS)
OptiToken
(OPTI)
ShowHand
(HAND)
IHT Real Estate Protocol
(IHT)
Morpheus Labs
(MITX)
EPLUS Coin
(EPLUS)
IGToken
(IG)
HeartBout
(HB)
TrustNote
(TTT)
Flash
(FLASH)