General Market
Outlook
The market has begun a fairly
strong uptrend. Nearly all coins are up and trading volume has
risen strongly from $14 Billion and $20 Billion in 24 hours.
Bitcoin Private (BTCP) and Mithril (MITH) are the major stand outs
of the top 100 coins by market cap - up over 16% and 15%
respectively in the past 24 hours. Bitcoin (BTC) is right
around $8,200 For +6% and a total market dominance of about
47%, and Ethereum (ETH) is right at $475 for +3% change in the past
24 hours. Market cap for the overall cryptocurrency market is up
over $11 billion to $298 billion total.
Major
Headlines
Samsung Denies Reports of
Accepting Cryptocurrency
Electronics giant Samsung was
reported to begin accepting cryptocurrency payments in Latvia,
Estonia, and Lithuania, with plans to start accepting various
cryptos on other regions in as well. This was according to a blog
post published by cryptocurrency payment processor CopPay, but
has since been deleted. This is not to say Samsung has shown they
are averse to cryptocurrencies. They are bullish on blockchain
technology “It will have an enormous impact on the supply chains of
manufacturing industries. Blockchain is a core platform to fuel our
digital transformation.” - Samsung SDS’ VP and Blockchain Chief
Song Kwang-woo
Barclays Submits Two
Blockchain Patents
The U.S. Patent and Trademark
Office published two applications by the U.K.'s second-largest bank
last week. Account security and efficiency is at the core of both
patents - two characteristics that blockchain technology excels at.
One patent is a fairly
stratforward application that outlines a blockchain platform to
facilitate cryptocurrency transfers. The other patent is a method for
streamlining know-your-customer processes by storing identifying
information on a private blockchain. This is possible by avoiding
any further, or duplicate checks, which can clog computer networks.
The proposal would provide "a more reliable form of verification
without substantially increasing technical overheads and improves
the operation of computing environments and telecommunications
networks."
Civic Acquires
Identity.com
Civic is a blockchain based
company that specializes in identity management. They
recently announced the acquisition
of “Identity.com.” Civic’s founder and CEO Vinny Lingham commented
he “never thought we’d get it,” highlighting the growing importance
of owning the domain names that are most closely associated with
the business. Lingham noted that one of the conditions set to
purchase the domain was to not disclose the amount that changed
hands. He revealed, however, “it wasn’t pocket change.” As a
service, Civic’s main objective is to give its users full control
over their personal information, including the ability to monitor
processes required to accurately verify their identity. By using
this system, third parties such as requesters and validators, like
a bank or government entity could make attestations regarding
identities.
Top 5
Gainers
HollyWoodCoin (HWC) +170.40% at
$0.999914
MktCoin (MLM) +146.66% at
$0.013518
BigUp (BIGUP) +38.18% at
$0.000327
ZetaCoin (ZET) +37.29% at
$0.003418
Bob’s Repair (BOB) +35.98% at
$0.020398
Top 5
Losers
WeToken (WT) -50.38% at
$0.004515
Penta (PNT) -36.38% at
$0.001900
BetterBetting (BETR) -32.79% at
$0.022792
PikcioChain (PKC) -26.08% at
$0.088896
AWARE (AT) -24.84% at
$0.008515
New Coins
Listed
Fantom Token (FTM) listed to
Yobit
GXChain (GXS) listed to
Huobi
Holo (HOT) listed to
Binance
Rate3 (RTE) listed to
Coinrail
By: BGN Editorial Staff
News:
Bitcoin
(BTC)
Ethereum
(ETH)
Bitcoin Private
(BTCP)
Mithril
(MITH)
Cryptocurrencies
Blockchain
HollyWoodCoin
(HWC)
MktCoin
(MLM)
BigUp
(BIGUP)
ZetaCoin
(ZET)
Bob's Repair
(BOB)
WeToken
(WT)
Penta (PNT)
BetterBetting
(BETR)
PikcioChain
(PKC)
AWARE (AT)
