Crush Crypto Weekly Market Update

Total Page:16

File Type:pdf, Size:1020Kb

Crush Crypto Weekly Market Update Weekly Market Update Contents September 24, 2018 • Cryptocurrency Movements • Token Movements • Developments in the Cryptocurrency World CRUSH CRYPTO WEEKLY – SEPTEMBER 24, 2018 Cryptocurrency Movements Top 10 Cryptocurrencies By Market Cap Circulating Mkt Cap (USD bn) Price (USD) 7 Day Average Volume (USD mn) Coins Sep 23 7D Δ 1M Δ 12M Δ Sep 23 7D Δ 1M Δ 12M Δ Sep 23 7D Δ 1M Δ 12M Δ Price Graph (1M) 1 Bitcoin BTC $116.1 3% 1.1x 1.9x $6,711 3% 1.0x 1.8x $4,587 22% 1.2x 3.4x 2 Ethereum ETH $24.6 8% 0.9x 1.0x $244 11% 0.9x 0.9x $1,970 9% 1.3x 3.4x 3 Ripple XRP $22.9 104% 1.8x 3.4x $0.6 103% 1.7x 3.2x $1,455 504% 4.4x 30.0x 4 Bitcoin Cash BCH $8.5 9% 0.9x 1.2x $489 9% 0.9x 1.1x $400 25% 1.1x 1.0x 5 EOS EOS $5.4 -100% 0.0x 0.0x $6.0 11% 1.2x 10.4x $732 24% 1.1x 112.1x 6 Stellar XLM $4.5 18% 1.1x 25.2x $0.3 36% 1.3x 23.7x $116 100% 1.8x 42.0x 7 Litecoin LTC $3.5 7% 1.1x 1.4x $61 8% 1.1x 1.2x $299 1.1x 1.3x 1.2x 8 Cardano ADA $2.2 21% 0.9x N/A $0.1 28% 1.0x N/A $109 90% 1.6x N/A 9 Monero XMR $2.0 3% 1.4x 1.5x $123 5% 1.4x 1.3x $40 6% 1.8x 1.0x 10 Dash DASH $1.7 7% 1.5x 0.7x $205 6% 1.5x 0.6x $202 -1% 1.1x 2.8x To download the PDF version of this presentation, visit www.CrushCrypto.com. 2 Copyright © Crush Crypto. All Rights Reserved. CRUSH CRYPTO WEEKLY – SEPTEMBER 24, 2018 Token Movements Top 10 Tokens By Market Cap Circulating Mkt Cap (USD mn) Price (USD) 7 Day Average Volume (USD mn) Tokens Sep 23 7D Δ 1M Δ 12M Δ Sep 23 7D Δ 1M Δ 12M Δ Sep 23 7D Δ 1M Δ 12M Δ Price Graph (1M) 1 Tether USDT $2,796 1% 1.0x 6.3x $1.0 0% 1.0x 1.0x $3,159.2 28% 1.1x 19.2x 2 Binance Coin BNB $1,155 20% 1.3x 16.1x $10.3 3% 1.1x 13.3x $25.1 16% 1.1x 10.3x 3 OmiseGO OMG $503 2% 1.0x 0.6x $3.6 6% 1.0x 0.4x $30.7 5% 0.7x 0.7x 4 Maker MKR $335 7% 1.2x N/A $476.7 14% 1.1x N/A $0.8 113% 3.0x N/A 5 0x ZRX $332 4% 0.9x 3.6x $0.6 13% 0.9x 3.4x $13.2 0% 0.8x N/M 6 Zilliqa ZIL $276 4% 1.1x N/A $0.0 5% 1.0x N/A $8.9 29% 0.5x N/A 7 Aeternity AE $236 0% 1.0x 3.0x $1.0 3% 1.0x 3.0x $5.7 13% 0.8x 12.2x Basic Atten- 8 BAT $176 7% 0.9x 0.9x $0.2 12% 0.8x 0.8x $3.6 -5% 1.0x 0.7x tion Token 9 Pundi X NPXS $169 8% 1.1x N/A $0.0 3% 0.9x N/A $3.4 -31% 0.8x N/M 10 Holo HOT $152 0% 2.1x N/A $0.0 1% 1.8x N/A $7.3 -19% 3.3x N/M To download the PDF version of this presentation, visit www.CrushCrypto.com. 3 Copyright © Crush Crypto. All Rights Reserved. CRUSH CRYPTO WEEKLY – SEPTEMBER 24, 2018 Developments in the Cryptocurrency World Highlights from the article: • “Binance, the world’s largest cryptocurrency platforms by trading volume, will start a crypto fiat exchange testing in Singapore. This was revealed by the Binance Co-founder and CEO ChangPeng Zhao, during a blockchain conference in Singapore. He later confirmed the plans through an official tweet post.” • “It can therefore be assumed that before the end of the year, Binance would offer support for the Singapore Dollar (SGD) including alternatives like SGD/BTC and SGD/ETH pairs. For now, the SGD pairs will only be available in closed Beta, since the beta testing will be through invitation only. More information on the digital currencies which will be sued for the trading has not yet been revealed.” ​Binance Unveils Plans To Test A Fiat Crypto Exchange In Singapore: https://cryptodaily.co.uk/2018/09/binance-unveils-plans-to-test-a-fiat- crypto-exchange-in-singapore To download the PDF version of this presentation, visit www.CrushCrypto.com. 4 Copyright © Crush Crypto. All Rights Reserved. CRUSH CRYPTO WEEKLY – SEPTEMBER 24, 2018 Developments in the Cryptocurrency World Highlights from the article: • “Yet another Japan-based cryptocurrency exchange has been hacked, losing a 6.7 billion yen (about $60 million worth of cryptocurrency), including 5,966 bitcoins.” • “The licensed exchange, called Zaif, is operated by the Tech Bureau. It said on Thursday that the exchange first noticed an unusual outflow of funds on the platform around 17:00 Japan time on September 14, after which the company suspended asset deposit and withdrawal services.” • “Tech Bureau explained that after further investigation, it discovered that hackers with unauthorized access to the exchange's hot wallets had stolen roughly $60 million in bitcoin, bitcoin cash, and MonaCoin. That being said, the exact amount of bitcoin cash stolen remains unknown.” Crypto Exchange Zaif Hacked In $60 Million Bitcoin Theft: https://www.coindesk.com/crypto-exchange-zaif-hacked-in-60-million-6000-bitcoin- theft To download the PDF version of this presentation, visit www.CrushCrypto.com. 5 Copyright © Crush Crypto. All Rights Reserved. CRUSH CRYPTO WEEKLY – SEPTEMBER 24, 2018 Developments in the Cryptocurrency World Highlights from the article: • “The U.S. Securities and Exchange Commission (SEC) has once again postponed a decision on the application for a Bitcoin Exchange Traded Fund (ETF) by VanEck and SolidX, in what is the latest update in a protracted regulatory process that has dragged on for several months. The agency has stated that it needs more time to consider more input to help it arrive at a decision on the matter, which was originally postponed to September 29, 2018.” • “Despite the huge market appetite for a bitcoin ETF, which would enable investors to effectively invest in bitcoin without actually holding the asset and risking exposure to its unique security challenges, the SEC has so far rejected or deferred a decision on every application for a bitcoin ETF. Earlier, the commission rejected a series of applications by a number of organizations including Gemini, the exchange owned by Cameron and Tyler Winklevoss.” VanEck/SolidX ETFs Delayed Again as SEC Seeks Comment on Fund Proposal: https://bitcoinmagazine.com/articles/vanecksolidx-etfs-delayed- again-sec-seeks-comment-fund-proposal To download the PDF version of this presentation, visit www.CrushCrypto.com. 6 Copyright © Crush Crypto. All Rights Reserved. CRUSH CRYPTO WEEKLY – SEPTEMBER 24, 2018 Developments in the Cryptocurrency World Highlights from the article: • “The Monetary Authority of Singapore (MAS), the city state's de-facto central bank, highlighted in interview today that no tokens representing securities have been approved to date.” • “During a fireside chat at CoinDesk's Consensus Singapore 2018 conference on Wednesday, Damien Pang, head of the MAS technology infrastructure office for fintech and innovation, opened up to the audience about ‘A Guide to Digital Token Offerings,’ a framework it published in 2017 that was meant to provide clarity to crypto entrepreneurs. “ • “Pang said emphasized a reason for the difference in his statements and those by regulators abroad, is that every jurisdiction has their own set of criteria of judging what is or isn't a security.” Singapore Central Banker: No Securities Crypto Token Approved To Date: https://www.coindesk.com/singapore-central-bank-no-tokens-weve- seen-are-securities To download the PDF version of this presentation, visit www.CrushCrypto.com. 7 Copyright © Crush Crypto. All Rights Reserved. CRUSH CRYPTO WEEKLY – SEPTEMBER 24, 2018 Developments in the Cryptocurrency World Others news: • “Walmart Tells Produce Suppliers to Use Blockchain by Next September“ - https://www.coindesk.com/walmart-will-start-tracking- groceries-on-blockchain-in-2019 • “Elon Musk recruits Dogecoin creator to fight cryptocurrency scambots” - https://thenextweb.com/hardfork/2018/09/17/musk-twitter- scambots-dogecoin • “Bitcoin Mining Pool AntPool to Sponsor NBA’s Houston Rockets” - https://www.ccn.com/bitcoin-mining-pool-antpool-to-sponsor- houston-rockets • “Bitcoin Mining Giant Bitmain Unveils ‘Next-Generation’ 7nm Chip” - https://www.ccn.com/bitcoin-mining-giant-bitmain-unveils-next- generation-7nm-chip • “The US Should Take a 'Leadership' Role on Blockchain, IBM Report Argues” - https://www.coindesk.com/ibm-report-calls-for-u-s- government-leadership-in-blockchain-development To download the PDF version of this presentation, visit www.CrushCrypto.com. 8 Copyright © Crush Crypto. All Rights Reserved. .
Recommended publications
  • Blockchain in Japan
    Blockchain in Japan " 1" Blockchain in Japan " "The impact of Blockchain is huge. Its importance is similar to the emergence of Internet” Ministry of Economy, Trade and Industry of Japan1 1 Japanese Trade Ministry Exploring Blockchain Tech in Study Group, Coindesk 2" Blockchain in Japan " About this report This report has been made by Marta González for the EU-Japan Centre for Industrial Cooperation, a joint venture between the European Commission and the Japanese Ministry of Economy, Trade and Industry (METI). The Centre aims to promote all forms of industrial, trade and investment cooperation between Europe and Japan. For that purpose, it publishes a series of thematic reports designed to support research and policy analysis of EU-Japan economic and industrial issues. To elaborate this report, the author has relied on a wide variety of sources. She reviewed the existing literature, including research papers and press articles, and interviewed a number of Blockchain thought leaders and practitioners to get their views. She also relied on the many insights from the Japanese Blockchain community, including startups, corporation, regulators, associations and developers. Additionally, she accepted an invitation to give a talk1 about the state of Blockchain in Europe, where she also received input and interest from Japanese companies to learn from and cooperate with the EU. She has also received numerous manifestations of interest during the research and writing of the report, from businesses to regulatory bodies, revealing a strong potential for cooperation between Europe and Japan in Blockchain-related matters. THE AUTHOR Marta González is an Economist and Software Developer specialized in FinTech and Blockchain technology.
    [Show full text]
  • Programme 24 – 26 June 2019
    PROGRAMME 24 – 26 JUNE 2019 Table of Contents INTRODUCING 2 PLATINUM SPONSORS 4 GOLD SPONSORS 12 SILVER SPONSORS 19 BRONZE SPONSORS 22 EVENT VENUE 24 MONDAY 24th June 2019 25 TUESDAY 25th June 2019 26 WEDNESDAY 26th June 2019 28 SPEAKERS’ TOPIC TITLE 30 SITE PLAN 32 1 INTRODUCING The creation of Crypto Valley was inspired by the enormous advantages of global industry clusters — a friendly regulatory environment, network effects, economies of scale, attracting the world’s best talent, building deep pools of capital and a rich ecosystem of resources and know-how for startup companies, nurturing an entrepreneurial culture, infectious energy, and strong trust relationships that make the impossible possible. Through the broad support of numerous individuals, startups, corporates, service providers, industry associations, educational institutions, governments, and regulators — especially the early pioneers Monetas, Ethereum, Bitcoin Suisse, MME Legal, the Digital Finance Compliance Association, the Bitcoin Association of Switzerland, Lucerne University of Applied Sciences and Arts, the canton and city of Zug, the Greater Zürich Area, Switzerland Global Enterprise, the Swiss Financial Market Supervisory Authority (Finma), and the Swiss Federal Government — Crypto Valley has grown into one of the world’s leading ecosystems for crypto, blockchain, and distributed ledger technologies, with dozens of companies in this space now calling Crypto Valley home and thriving in its vibrant community. In January 2017 the Crypto Valley Association was established as a professional organization to coordinate, accelerate, and scale the further development of Crypto Valley into the world’s best ecosystem for crypto technologies and businesses. The founding members included Bitcoin Suisse, Bussmann Advisory, iprotus, Lucerne University of Applied Sciences and Arts, Luxoft, Monetas, and Thomson Reuters.
    [Show full text]
  • 25Th September 2018 Cryptonaire Weekly
    CRYPTONAIRE WEEKLY CRYPTO investment journal CONTENTS WEEKLY CRYPTOCURRENCY MARKET ANALYSIS 3 TOP 10 COINS 6 Top 10 Coins by Percentage Gain (Past 7 Days) 6 Top 10 Coins added to Exchanges with the Highest Market Capitalisation (Past 30 Days) 6 Top 10 Coins by Total Market Capitalisation 7 CRYPTO TRADE OPPORTUNITIES 8 Bitcoin (BTC) 8 Ethereum (ETH) 8 Bitcoin Cash (BCH) 9 BitShares (BTS) 9 NEO (NEO) 10 Stellar (XLM) 10 PLATINUM GENERATION X 11 ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD 13 Brazil’s Biggest Brokerage Goes Big on Bitcoin 13 Elon Musk recruits Dogecoin creator to fight cryptocurrency scambots 14 VanEck/SolidX ETFs Delayed Again as SEC Seeks Comment on Fund Proposal 15 English Football Giant Liverpool Partners Blockchain-Based Trading App TigerWit 16 Indian Authorities Round up on Bitcoin Scammer’s Properties Worth $60 Million 17 Bitcoin Mining Pool AntPool to Sponsor NBA’s Houston Rockets 18 Binance Unveils Plans To Test A Fiat Crypto Exchange In Singapore 19 Singapore Central Banker: No Securities Crypto Token Approved To Date 20 Bitcoin Mining Giant Bitmain Unveils ‘Next-Generation’ 7nm Chip 21 Crypto Exchange Zaif Hacked In $60 Million Bitcoin Theft 22 PLATINUM ICO INFORMATION 23 Hiway.io 23 Project Details 23 ICO Details 28 The Team 29 Cryptonaire Weekly | September 25th 2018 +44 (0) 207 193 2931 CRYPTONAIRE WEEKLY CRYPTO investment journal Weekly Cryptocurrency Market Analysis The market recovered and was up significantly up last week. The overall cryptocurrency market cap increased from $202 Billion to $226 Billion, around 11%. Bitcoin was up 5% to $6,700 and Ethereum’s price also increased 14% to $240.
    [Show full text]
  • Where Are Cryptocurrency Exchanges Going Wrong? Country Surveys Insight Analysis
    www.electronicpaymentsinternational.com Issue 375 / SEPTEMBER 2018 HACKERS’ DELIGHT WHERE ARE CRYPTOCURRENCY EXCHANGES GOING WRONG? COUNTRY SURVEYS INSIGHT ANALYSIS Analysis and key data for Could biometrics be the New research reveals payments in Luxembourg, key to making payments where digital technology is Slovenia and Saudi Arabia personal again? helping economies EPI September 2018 375.indd 1 03/10/2018 10:56:54 contents this month COVER STORY NEWS 12 05 / EDITOR’S LETTER 06 / DIGEST • Tencent expands WeChat Pay HK service to China • UK banks lose £503.4m to scammers in H1 2018 • Paytm trials facial-recognition tool • Monzo awaits unicorn confirmation after reaching milestone • Cedar upgrades healthcare payment platform • BBVA opens up app to more products • Japan’s Origami partners with UnionPay for expansion • PayPal closes $2.2bn iZettle acquisition CRYPTOCURRENCY • Wirecard makes Google Pay Italy available to Android users • Zaif crypto hack: continuing security EXCHANGES problems spark concern • Klarna to acquire UK’s Close Brothers Retail Finance Editor: Group Editorial Director: Director of Events: Douglas Blakey Ana Gyorkos Ray Giddings +44 (0)20 7406 6523 +44 (0)20 7406 6707 +44 (0)20 3096 2585 [email protected] [email protected] [email protected] Senior Reporter: Sub-editor: Head of Subscriptions: Patrick Brusnahan Nick Midgley Alex Aubrey +44 (0)20 7406 6526 +44 (0)161 359 5829 +44 (0)20 3096 2603 [email protected] [email protected] [email protected] Junior Reporter: Publishing Assistant: Sales Executive: Briony Richter Mishelle Thurai Jamie Baker +44 (0)20 7406 6701 +44 (0)20 7406 8633 +44 203 096 2622 [email protected] [email protected] [email protected] Customer Services: +44 (0)20 3096 2603 or +44 (0)20 3096 2636, [email protected] Financial News Publishing, 2012.
    [Show full text]
  • Cryptocurrency Exchange Regulation – an International Review
    UWM Studia Prawnoustrojowe 48 2020 DOI: 10.31648/sp.5520 Viktoria Ivaniuk Ternopil National Economic University ORCID: 0000-0001-6888-8622 [email protected] Cryptocurrency Exchange Regulation – An International Review Introduction The emergence of modern innovative technologies and the development of payment systems in the international financial market have led to the spread of cryptocurrencies. According to CoinMarketCap data, there are more than 1,600 cryptocurrencies in circulation today, with a combined mar- ket cap of over $289 billion1. Particularly important in this process is the scope of activity of cryptocurrency exchanges, which allow consumers to buy, sell and trade cryptocurrencies, whether through fiat currency like dollars, euros or another cryptocurrency like bitcoin or ether. However, many consu- mers sometimes are forced to use more than one platform as not every ex- change supports every coin. In each country, there are specific situations regarding the regulation of the cryptocurrency market, in particular, the activities of cryptocurrency ex- changes, based on the location and the type of services each exchange offers. Given the fact that no concerted approaches to issues related to the use of cryptocurrencies have been developed by international financial institutions and central banks, there is a need to study the experience of countries that have already settled on the legal status of cryptocurrencies and the activities of cryptocurrency exchanges. 1 S. Hansen, Guide To Top Cryptocurrency Exchanges. Retrived from https://www.forbes. com/sites/sarahhansen/2018/06/20/forbes-guide-to-cryptocurrency-exchanges/#6a5daa742572 (20.11.2019). 68 Viktoria Ivaniuk The purpose, tasks, methods of the research The purpose of the study is to characterize existing cryptocurrency ex- change regulations, based on an analysis of the theoretical and legal back- ground, the international experience of the USA, Japan and Ukraine.
    [Show full text]
  • Understanding Digital Tokens: Market Overviews and Guidelines for Policymakers and Practitioners
    SECOND EDITION Understanding Digital Tokens: Market Overviews and Guidelines for Policymakers and Practitioners Prepared by the Token Alliance – an industry initiative of the Chamber of Digital Commerce JANUARY 2020 CHAMBER OF DIGITAL COMMERCE The Chamber of Digital Commerce is the world’s largest trade association representing the blockchain industry. Our mission is to promote the acceptance and use of digital assets and blockchain technology. Through education, advocacy, and working closely with policymakers, regulatory agencies, and industry, our goal is to develop a pro-growth legal environment that fosters innovation, jobs, and investment. TOKEN ALLIANCE The Token Alliance is an industry-led initiative of the Chamber of Digital Commerce, developed to be a key resource for the emerging industry surrounding the generation and distribution of tokens using blockchain technology. Comprised of more than 400 industry participants, the Alliance includes blockchain and token legal experts, technologists, economists, former regulators, and practitioners from around the globe. The Token Alliance develops community-driven guidelines for the responsible development of tokens. CHAMBER OF DIGITAL COMMERCE INDUSTRY INITIATIVES & WORKING GROUPS SMART CONTRACTS ALLIANCE DIGITAL ASSETS ACCOUNTING CONSORTIUM Promotes real-world application of smart contracts to enhance Developing accounting and the way business is conducted. reporting standards for digital assets and blockchain-based technologies. GLOBAL BLOCKCHAIN FORUM Working with the world’s leading STATE WORKING GROUP blockchain policy experts to develop industry best practices Engaging with state and local and help shape global regulatory governments on the regulation interoperability. and implementation of blockchain technology. BLOCKCHAIN ALLIANCE CHAMBER OF DIGITAL The public-private forum for the COMMERCE CANADA blockchain community and law enforcement to help combat Promoting the acceptance criminal activity.
    [Show full text]
  • Coinbase Global, Inc
    Coinbase Global, Inc. Institutional Equity Research COIN - NASDAQ March 2, 2021 Introducing Crypto's Amazon Moment Buy We see the upcoming Coinbase direct listing as the “Amazon moment” for crypto - the milestone Price Target $195.00 Price (3/2/21) $39.22 point in time when the world of crypto and the traditional financial system become truly intertwined Industry CONSUMER and crypto moves from a large curiosity to becoming the future path for much of the financial system. Valuation & Performance Total Debt/Total Capital n.a. • We are initiating coverage of Coinbase with a BUY rating ahead of its imminent direct listing Cash per share (12/31/20) $5.17 as the well-managed standard bearer represents a uniquely diversified play on the growth BV Per Share (12/31/20) $7.42 of crypto, and leads with the highest level of regulated liquidity. We note that this is a more Dividend $0.00 (0.0%) Return on Equity (T-T-M) 24.9% speculative investment than other companies we recommend. Trading Data • The Standard Bearer — we believe Coinbase emerged as a leader in facilitating the on- Shares Outstanding (M) 205.6 ramp/off-ramp from government currency into crypto because of its superior user experience, Market Capitalization ($M) $8,062.6 52-week range NA - NA security and strong compliance. We say this not just in the context of crypto, but more broadly Avg. Volume (3-mth.) (K) 0.0 within consumer finance. With a big target on its back as a crypto wallet, (to date) Coinbase has been able to manage both government regulators as well as highly motivated hackers, Gil Luria while providing consumers with the experience they expect from a large financial institution.
    [Show full text]