blog

Latest from the Quantamize Blog

Stellar only positive cryptocurrency out of majors as Bitcoin continues to take market-share

Aug 13, 2018

Top 5 Cryptocurrencies sorted by 24 hour Volume

Name Ticker Price 1H% CHG 24H%CHG 7D%CHG MARKET CAP 24H VOLUME
Bitcoin BTC USD$6267.7 -0.11% -1.27% -9.92% USD$107,853,640,850 USD$3,963,979,994
Ethereum ETH USD$291.26 -0.38% -9.57% -28.33% USD$29,505,902,526 USD$1,685,248,220
EOS EOS USD$4.65 -0.9% -7.54% -33.64% USD$4,217,924,990 USD$624,208,230
Bitcoin Cash BCH USD$535.37 -1.1% -6.74% -22.54% USD$9,257,189,699 USD$366,884,539
XRP XRP USD$0.28 -1.44% -5.98% -32.36% USD$11,122,488,254 USD$221,564,956

On Mobile/Tablet scroll to the right.

Top 5 Cryptocurrencies sorted by 24 hour Price Percent Change

Name Ticker Price 1H% CHG 24H%CHG 7D%CHG MARKET CAP 24H VOLUME
Stellar XLM USD$0.23 -0.38% 2.88% -3.47% USD$4,279,901,147 USD$95,870,963
NEM XEM USD$0.11 -0.2% -0.99% -24.73% USD$963,488,545 USD$12,915,608
Bitcoin BTC USD$6267.7 -0.11% -1.27% -9.92% USD$107,853,640,850 USD$3,963,979,994
Monero XMR USD$90.73 -0.72% -3.39% -20.86% USD$1,475,904,571 USD$24,216,127
Litecoin LTC USD$56.48 -1.05% -5.23% -23.34% USD$3,266,146,220 USD$212,322,674

On Mobile/Tablet scroll to the right.

  • BambouClub is seeing a divergence in bid/ask spreads on local P2P platform Localbitcoins in Turkey from those exchanges outside of the country as the economic crisis worsens.  De factor capital controls have made virtual currencies attractive as it has become near impossible to get fiat capital out of the country. 
  • Bitcoin.com CEO Roger Ver has hinted the online cryptocurrency news publisher may consider an ICO in the future.  The topic was brought up during a conversation with one of Bitcoin.com’s lead developers about developing tokens on the Bitcoin Cash blockchain - - Bitcoin.com published a new tool helping aspiring developers to build tokens on the Bitcoin Cash protocol.
  • Crypterium, a blockchain start-up founded by former Visa UK CEO Marc O’Brien is introducing new features which allow users to transfer cryptocurrency using phone numbers rather than complicated wallet addresses.
  • Ethereum Classic has been added to the Evolve Markets training platform.  At the moment, Evolve Markets, a forex, commodities, indices and crypto training platform permits users to trade cryptocurrencies through the Metatrader 5 platform.
  • Facebook is formally dispelling rumors that it is not building a cryptocurrency on Stellar blockchain.  A spokesperson for the company spoke with financial news outlet Cheddar to formally to address the rumors.  
  • Hash House, a crypto-themed café and workshare space in the city of Xi’an, the capital of Shaanxi Province in China, has recently launched.  Among its many features, Hash House will provide visitors with  learnings materials on cryptocurrencies and will hose seminars and meetups on different crypto topics.
  • During an unofficial discussion with Quartz India, unnamed state official in the Indian government, which is examining the impact of the virtual currency ecosystem in India,  says that crypto watchers shouldn’t expect any formal cryptocurrency regulations to be implemented until the end of CY2018.
  • Ripple Labs continues to focus on expansion plans, even in the face of recent lawsuits from the District Court of California.  The lawsuits content that Ripple’s native cryptocurrency, XRP, should be considered a security which the company flatly rejects.  In spite of these issues, Ripple Labs remains focused on its overseas expansions plans in Asia and the Middle East.

 

Sources:

https://bitcoinist.com/turkey-capital-controls-bitcoin-exists/
https://cointelegraph.com/news/bitcoincom-ceo-roger-ver-eyes-ico-as-token-issuance-protocol-comes-to-bitcoin-cash
https://www.newsbtc.com/2018/08/13/former-visa-ceos-startup-runs-the-fastest-crypto-transactions-in-the-world/
https://bitcoinist.com/ethreum-classic-etc-trading-supported-evolve-markets/
https://www.ccn.com/facebook-were-not-building-a-cryptocurrency-on-stellar/
https://www.coinspeaker.com/2018/08/11/reports-of-facebook-and-stellar-partnership-emerge-company-spokesperson-denies/
https://news.bitcoin.com/crypto-cafe-and-coworking-space-hash-house-established-in-xian-china/
https://bitcoinist.com/cryptocurrency-regulations-india-months/
https://www.coinspeaker.com/2018/08/13/ripples-expansion-plans-overshadowing-its-lawsuit-worries/