General Market
Outlook
The market has begun a slight
downward trend, but is affecting the market very evenly. More coins
are seeing negative change than gain, but there are very few coins
seeing strong positive or negative change. Trading volume has
remained fairly high between $17 billion and $18 billion in 24
hours. Bytom (BTM) and Electroneum (ETN) are the major stand outs
of the top 100 coins by market cap - up only over 3% and 2%
respectively in the past 24 hours. The value of Bitcoin (BTC) is
roughly $3,450 for -1.0% and a total market dominance of 53.3%, and
the value of Ethereum (ETH) is just over $105 for -2.0?% change in
the past 24 hours. Market cap for the overall cryptocurrency market
declined by less than $3 billion, consolidating between $113 and
$114 billion total.
Major
Headlines
Tagem Printing Marshall
Island Bank Notes
Last year in may a company based
out of Switzerland began producing Bitcoin bank notes. The notes
look like a cross between a credit card and a modern fiat currency
physical bill. They are sleek stylish, and can be exchanged freely
in quantities of 0.01 and 0.05 BTC, which is about $35 or $170 USD.
Each note is essentially a BTC wallet that holds the delineated
value of BTC. The Republic of the Marshall islands announced last
year that they planned to convert their currency to a digital
currency. They have now selected Tangem as the company who will
produce the bank notes for them. The republic’s Sovereign (SOV)
digital currency, will launch as an alternative to their legal
tender alongside the U.S. dollar. They describe the financial
technology as “controllable mechanism of currency issuance and
circulation for the state.”
Binance Accepting Credit
Card Payments
Major credit card companies began
banning the use of their credit cards for purchasing
cryptocurrencies last year, raising questions of responsibility to
consumers vs. personal freedom for citizens. Binance, which is one
of the worlds most active cryptocurrency exchange partnered with an
Israel-based payments processing firm Simplex to make the change
happen. The exchange will accept Visa and MasterCard credit card
through Simplex for users who want to purchase bitcoin (BTC), ether
(ETH), litecoin (LTC) and XRP. “The crypto industry is still in its
early stages and most of the world’s money is still in fiat…
Building fiat gateways is what we need now to grow the ecosystem,
increase adoption and introduce crypto to more users.” - Binance
CEO Changpeng Zhao. Iraq, Cuba Afghanistan and Libya and six states
U.S. stats (New York, Connecticut, Hawaii, Georgia, New Mexico and
Washington) are not provided the service. Simplex charges 3.5% of a
transaction with a $10 minimum. The daily limit is $20,000, and the
monthly maximum is $50,000 per user.
Brave Provided Free Cheddar
Content
In line with a string of
announcements for improvement to their web browser and its
services, the Brave browser is now offering access to premium
content on Cheddar for free to its user base. “Cheddar viewers are
obsessed with crypto; we even have a show dedicated to it – The
Crypto Craze. The idea of unlocking our premium feeds for Brave
users via crypto funding, with no sign-up, seemed like a natural
way to engage a passionate community.” - Jon Steinberg, Cheddar’s
founder and CEO. Access will be available for the next three
months.
Top 5
Gainers
TraDove B2BCoin (BBC) +660.90% at
$0.013262
Bitcoiion (B2G) +344.75% at
$0.118098
Exosis (EXO) +107.11% at
$0.566376
Chronologic (DAY) +52.44% at
$0.287258
Ti-Value (TV) +44.89% at
$0.043678
Top 5
Losers
MyToken (MT) -72.96% at
$0.001153
DACC (DACC) -35.67% at
$0.000124
DEXTER (DXR) -34.13% at
$67.42
Consentium (CSM) -33.32% at
$1.30
B2BX (B2B) -27.36% at
$0.197246
New Coins
Listed
Bethereum (BETH) listed to
CoinTiger
Quant (QNT) listed to
Digifinex
BitShares (BTS) re-listed to
BittrexUS
By: BGN Editorial Staff