Crypto Market Update (16 April 2018)

Bitcoin Global News (BGN)
April 16, 2018 -- ADVFN Crypto NewsWire

General Market Outlook

The overall cryptocurrency market has reached a month high of $355 billion. Reaching $400 billion would mean a two-month high. Bitcoin (BTC) price has held firmly above $8,000 over the weekend. Ethereum (ETH) is sitting right around $500, and many expect a strong uptrend to follow for ETH if BTC continues to rise. Many Altcoins saw spikes with a continued uptrend over the weekend. Most recently Populous (PPT) is nearing an increase of almost 30% for the past 24 hours.

Major Headlines

TenX (PAY) Adds Litecoin to Wallet: Announces Litepay Card

Charlie Lee Tweeted big news for Litecoin (LTC) and TenX last week. TenX not only integrated Litecoin to their wallet, but have made plans with Litecoin to develop a Litecoin credit card. Previous cards have been made using pre-paid Visa cards from cryptocurrency purchases. However, developments in regulation and payment processors may soon change this. Other companies such as Mastercard are making a big push to develop their blockchain technology for increased adoption.

https://twitter.com/SatoshiLite/status/984013752336076801

NASA Rsearching Spacecraft Navigation on Ethereum Blockchain

An assistant research professor in electrical and computer engineering at The University of Akron has established a relationship with NASA. They will research use of blockchain technology to implement software for self-driving spacecraft. The project is essentially a combination of machine learning and smart contracts, to create automated decisions that will navigate the spacecraft. They will develop the project on the Ethereum Blockchain.

http://www.uakron.edu/engineering/ECE/news-detail.dot?newsId=c9a2717e-4327-4dcb-9040-87e788d068c4&pageTitle=Recent%20Headlines&crumbTitle=Researcher%20and%20NASA%20work%20to%20help%20spacecraft%20avoid%20floating%20debris

Germany’s Version of Cobinhood Now Available

One of the first cryptocurrency exchanges to be based off an existing fiat exchange has been released in Germany. Börse Stuttgart is the second largest German stock exchange, and ninth largest in Eurpope. Berlin has shown a great deal of Blockchain Technology and cryptocurrency development because of extreme inflation of their domestic currency in recent years. Currently the App “Bison” has a limit number of coins available to trade, but expansions are planned.

https://www.bisonapp.de/

Press Release Translation

Top 5 Gainers

BitSoar (BSR) +427.39% at $0.005196

Breakout (BRK) +75.00% at $0.334532

Guaranteed Ethurance Token Extra (GETX) +38.96% at $0.029738

HireMatch (HTE) +32.28% at $0.047476

Centra (CTR) +30.78% at $0.022215

Top 5 Losers

TOKYO (TOKC) -44.09% at $0.002482

Hexx (HXX) -29.95% at $2.16

BABB (BAX) -21.98% at $0.001247