General Market
Outlook
The market continues to
consolidate. Nearly all coins are slightly down from their highs
earlier this week but trading volume continues to steadily climb.
HShare (HSR) is the only major stand outs of the top 100 coins - up
over 10% in the past 24 hours. Bitcoin is right around $6,600 for
about -1% change and Ethereum is right at $470 for -1% change in
the past 24 hours. Market cap for the overall cryptocurrency market
is down a little over $4 billion doin to $267 billion
total.
Major
Headlines
Ethos Price Reflects New
Wallet Launch
Ethos has come down to +50% from
+400% on last week’s price perfectly displaying the volatility
everyone talks about regarding cryptocurrencies. This isn’t just
some random thing though. Ethos (ETHOS), the initial steady rise
came leading up to the launch of their mobile wallet app. Ethos
specializes in streamlining cryptocurrency assets for the consumer
with a universal wallet, as well as developing payment gateways.
The app combines features of many of the mobile wallet and
portfolio trackers available, but most importantly, takes on all
coins creating just one private key for users. It is currently
available in Netherlands, Germany and the U.S. with plans for
expansion soon.
EU Firm Flow Traders Moves
to Crypto
The largest ETF trading firm in
Europe has expanded into cryptocurrencies in light of customer
interest, and despite regulator precautions. Flow
Traders is an Amsterdam-based speed trader, meaning their
style of trading is most effective in volatile markets, which makes
cryptocurrencies perfect. They will become a market maker using the
first exchange-traded notes based on Bitcoin and Ether. The Dutch
Authority for the Financial Markets flat out discourages
cryptocurrency use. But the Co-CEO of Flow Traders believes in the
crypto-market: “Institutional investors are interested, we know
they are because we get requests.”
EOS Venture Capital New
Wall St. CEO
EOS’s venture capital business just
got serious by adding Michael Alexander, former CEO of a major NYC
investment firm. Alexander brings the experience of Jefferies Group LLC, a firm operating
with almost $45 billion in
assets, but nearly as important, their new leader brings
connections to long standing, respected organizations on the New
York Stock Exchange. He believes that EOS is building the next generation of the
internet. Their venture capital business has allocated $1
billion that he will be in charge of delegating to organizations
building dapps to fill out the EOS ecosystem.
Top 5
Gainers
Dent (DENT) +126.04% at
$0.007827
LoyalCoin (LYL) +43.26% at
$0.004791
SRCOIN (SRCOIN) +41.52% at
$0.001315
Mark.Space (MRK) +41.22% at
$0.052502
Dragon Coins (DRG) +36.87% at
$0.455976
Top 5
Losers
BT2 (BT2) -31.87% at
$21.88
Aditus (ADI) -31.55% at
$0.010849
Mainframe (MFT) -28.67% at
$0.015099
Octoin Coin (OCC) -27.81% at
$0.364070
Banca (BANCA) -27.61% at
$0.001090
New Coins
Listed
Essentia (ESS) listed to
Bitfinex
Dent (DENT) listed to
Binance
By: BGN Editorial Staff
News:
Bitcoin
(BTC)
Ethereum
(ETH)
HShare
(HSR)
Cryptocurrencies
Ethos
(ETHOS)
Dent (DENT)
LoyalCoin
(LYL)
SRCOIN
(SRCOIN)
Mark.Space
(MRK)
Dragon Coins
(DRG)
BT2 (BT2)
Aditus
(ADI)
Mainframe
(MFT)
Octoin Coin
(OCC)
Banca
(BANCA)
Binance
(BNB)
Essentia
(ESS)
