General Market
Outlook
The market has made a significant
break from the downward movement yesterday and over the weekend
prior to that. A big portion of coins are in the green, with many
making double digit gains. Trading volume has risen somewhat,
wavering between $13 billion and $15 billion in 24 hours. Waves
(WAVES), Nexo (NEXO) and Odem (ODE) are the major stand outs of the
top 100 coins by market cap - up over 58%, 19% and 17?%
respectively in the past 24 hours. The value of Bitcoin (BTC) is
just under $4,000 for +2.0% and a total market dominance of about
53.7%, and the value of Ethereum (ETH) is nearly/just
over/roughly/right at $110 for +3.0% change in the past 24 hours.
Market cap for the overall cryptocurrency market made some major
positive movement, but has since come down to a gain of just $3
billion, now sitting around $128 billion total.
Major
Headlines
New Research Center In
Austria
21 scientific institutions, 54
companies, 17 associated participants, and 16 international
institutions and companies have come together on a project for
blockchain development in Austria. The Austrian government
sponsored research and promotion agency coordinates this type of
research, working with The COMET Centers to tie this one together.
The new Austrian Blockchain Center look to create a strong
multidisciplinary and focus on Internet of Things (IoT), finance,
energy, logistics, and applications in public administration. More
specifically, they will dive into the founding principles that
support the industry of cryptography and security, cryptoeconomic
modelling, emerging industries, data science methods for blockchain
analytics and predictions, along with the legal and political
implications that result. The project was funded by the Austrian
Ministry for Transport, Innovation and Technology, and the Federal
Ministry for Digital and Economic Affairs.
ASUS Mining
Developments
One of the world's largest graphics
card producers is ASUS. The Taiwan-based company is now partnered
with Quantumcloud to create a line of GPUs that have a
cryptocurrency mining focus. They products will allow users to mine
Bitcoin in the downtime of the hardware. Unlike traditional mining
processes, users will receive earnings using PayPal or Chinese app
WeChat. ASUS Quatumcloud make no guarantee on specific profits or
outcomes for users. They expect users to estimate cost potential
themselves, as not everyone pays the same price for electricity -
the primary cost involved in cryptocurrency mining.
General Motors Blockchain
Patent
Development of self-driving cars is
in the works for nearly every major car company around the world,
but GM is pushing boundaries for the revolutionary process in the
patent office. Their most recent application proposes a system
using blockchain technology to manage data from entire fleets of
automated cars. Currently systems for such vehicles do not
incorporate the ability for the cars to “speak” to each other.
Using a blockchain network would provide a platform to facilitate
these communications with the security of an immutable ledger. It
could provide a myriad of other benefits as well, such as paying
tolls, parking costs and other fee based services.
Top 5
Gainers
RoBET (ROBET) +294.50% at
$2.04
CoinToGo (2GO) +115.01% at
$0.071113
Octoin Coin (OCC) +66.63% at
$0.641854
Cyclean (CCL) +61.29% at
$0.001802
Waves (WAVES) +58.20% at
$2.27
Top 5
Losers
Welltrado (WTL) -43.71% at
$0.036528
Ternio (TERN) -30.70% at
$0.011024
Elysian (ELY) -16.64% at
$0.001906
Animation Vision Cash (AVH) -15.85%
at $0.000554
Primas (PST) -14.80% at
$0.089378
New Coins
Listed
Paycent (PYN) listed to
Behind.io
XOVBANK (XOV) - Listed to
Decentralized Asset Trading Platform
Bob’s Repair (BOB) - listed to
LAToken
By: BGN Editorial Staff