General Market
Outlook
The market did not make much
significant change over the weekend, but is now making a slight
uptrend. The small majority of coins are in the green and trading
volume has risen by $2 billion, now almost $15 billion in 24 hours.
MOAC (MOAC) and NEM (XEM) are the major stand outs of the top 100
coins by market cap - up over 18% and 17% respectively in the past
24 hours. The value of Bitcoin (BTC) is around $6,400 for +0.5% and
a total market dominance of about 52.2%, and the value of Ethereum
(ETH) is roughly at $215 for +1.0?% change in the past 24 hours.
Market cap for the overall cryptocurrency market gained over $2
billion, rising to $213 billion total.
Major
Headlines
Kaleido & AWS New
Marketplace
A new developer full-stack platform
by Kaleido and Amazon Web Services claims to reduce the necessary
custom code to integrate an enterprise blockchain network by 80%.
Kaleido Marketplace provides essentially a plug-and-play method for
business to begin reducing their network usage and gain all the
benefits of blockchain technology. The full-stack tools and
protocols span from back-end development to front-end app user
interfaces. The system has ready made solutions for the primary
concerns with these networks of privacy and wallet security.
“HD wallets for privacy and ID registries for organizational
identity, as well as industry products such as Chainlink for smart
contract oracles, Viant for supply chain management, OpenLaw and
Clause.io for real-time legal contracts.”
Ether Delta Founder Charged
By SEC
In June of last year certain
regulatory changes were made in the U.S. that mandated the
decentralized cryptocurrency exchange Ether Delta must either
register with the Securities and Exchange Commission or file for an
exemption to the new law. EtherDelta founder Zachary Coburn chose
to forgo either option, and has now been sentenced by the
regulatory body. He consented to cooperate and to pay the state
$300,000 in unlawful profits, $13,000 in prejudgment interest and a
$75,000 general penalty. This could be the first of many cases, as
the SEC reported earlier this month that it is taking action
against “dozens” of cryptocurrency related businesses.
One Of The Largest Mining
Facilities Now Functional
DMG Blockchain Solutions began
construction on a new mining facility in July of this year. The
company provides an array of blockchain technology services, but
this is the largest move into mining. The company operates out of
Canada, and their new 27,000 square foot facility is the largest in
North America, starting at 60 megawatts, and can expand its
capacity up to 85 megawatts. Canada providers considerably lower
energy costs because of their focus on renewable sources such as
hydro electric.
Top 5
Gainers
Mallcoin (MLC) +55.62% at
$0.010125
DIMCoin (DIM) +45.85% at
$0.002346
NovaCoin (NVC) +47.83% at
$8.51
Olive (OLE) +40.20% at
$0.007499
Patron (PAT) +35.76% at
$0.021539
Top 5
Losers
IXTUS Edutainment (IXE) -34.46% at
$0.007867
Pedity (PEDI) -30.93% at
$0.002619
Darico Ecosystem Coin (DEC) -26.06%
at $0.131450
Rentberry (BERRY) -24.86% at
$0.008128
StarChain (STC) -22.10% at
$0.004294
New Coins
Listed
Hycon (HYC) listed to KRW
Exchange
PIVX (PIVX) listed to
Netcoins
TrueDeckProject (TDP) listed to
HitBTC
By: BGN Editorial Staff