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Cryptocurrencies back in the green, CBOE to launch Ethereum Futures according to Business Insider

Aug 31, 2018

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Top 5 Cryptocurrencies sorted by 24 hour Volume

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Name Ticker Price 1H %Chg 24H %Chg 7D %Chg Market Cap Volume
Bitcoin BTC USD$6363.57 0.3% 4.65% -2.06% USD$109,522,658,576 USD$4,517,537,560
Ethereum ETH USD$283.89 0.71% 7.14% -22.82% USD$28,769,597,496 USD$1,855,838,942
EOS EOS USD$4.61 0.3% 5.56% -22.16% USD$4,174,236,570 USD$632,005,825
Bitcoin Cash BCH USD$513.57 0.72% 3.97% -16.12% USD$8,881,763,324 USD$389,793,091
XRP XRP USD$0.29 1.17% 8.88% -17.31% USD$11,308,713,183 USD$290,412,371

Top 5 Cryptocurrencies sorted by 24 hour Price Percent Change

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Name Ticker Price 1H %Chg 24H %Chg 7D %Chg Market Cap Volume
Qtum QTUM USD$4.47 1.0% 17.43% -20.4% USD$396,830,417 USD$190,261,889
TRON TRX USD$0.02 0.47% 10.14% -22.39% USD$1,290,375,501 USD$106,959,486
IOTA MIOTA USD$0.47 1.02% 9.99% -29.56% USD$1,295,286,456 USD$40,813,897
XRP XRP USD$0.29 1.17% 8.88% -17.31% USD$11,308,713,183 USD$290,412,371
OmiseGO OMG USD$3.65 0.7% 8.56% -23.21% USD$511,722,759 USD$41,726,507

Crypto News

  • BitPay merchants can now receive payments in Bitcoin Cash and hold it.  Previously, merchants could accept Bitcoin Cash but would need to convert it to Bitcoin or fiat.  Now, if merchants are so inclined, they can keep the sales proceeds in Bitcoin Cash. 
  • CBOE Global Markets will support Ethereum futures by year-end according to Business Insider.  As per the report, CBOE management is waiting on the CFTC to give it the OK before announcing the project. 
  • Apple has asked Coinbase to remove the decentralized app (dapp) War Riders from its IOS wallet.  Apple objected to highlighting a dapp that facilitates purchases of digital goods. 
  • Enigma, an MIT Media Lab project that raised USD$45 million in an ICO last year is looking to develop privacy-enabled smart contracts. Enigma’s protocol can work on top of other blockchains to help ensure user data stays encrypted for the entire life of a smart contract on a blockchain network. 
  • Japanese messaging app giant LINE is launching its own proprietary blockchain network with its own native cryptocurrency.  LINE will issue the tokens as an incentive for users who participate in its decentralized applications (dapps) built on top of the LINK Chain network.  
  • Taiwanese Congressman Jason Hsu, often referred to as the Crypto Congressman, is trying to enact policies in the Taiwanese Parliament to help the country turn into a hub for blockchain technology and cryptocurrency startups.   
  • Laneaxis is building a blockchain network, based on a tokenized social media network of truck drivers, to help create efficiencies in the freight logistics industry.  The platform will permit users to verify shipping transactions and track critical targets throughout the supply chain. 
  • PwC has announced a digital skills program, Digital Accelerators, to improve the expertise of employees on new tech like blockchain. 
  • Rakuten, the Japanese e-Commerce leader, announced the acquisition of the cryptocurrency exchange Everybody’s Bitcoin for USD$2.4mm.  The company hopes the acquisition will help it develop a digital currencies payments platform to support its growing international business. 
  • A California Superior Court ruled that the lawsuit against Ripple, claiming it is a security, has been formally designated as a “complex litigation”.  As a result, all claims against Ripple will be pooled into one case, eliminating the risk of different results for different cases. 
  • The Russian government is implementing tools to track cryptocurrencies.  The Federal Financial Monitoring Service of Russia (Rosfinmonitoring) will have responsibilities that include countering financial fraud and terrorist financing,  
  • Satis Group believes Ripple will be worth just $0.01 in 5 years and Bitcoin Cash will be worth 0.03% of Bitcoin.  In comparison, Satis believes Bitcoin will hit USD$96,00, Minero USD$18,000 and Decred USD$535.  They see the cryptocurrency industry reaching USD$3.6tn. 
  • Sentiment cryptocurrency analytics for crypto traders is becoming a popular factor.  Two popular startups in the space are Augmento and Predicoin.  The Augmento platform pulls in hundreds of thousands of data points and uses AI to aid with trend detection and sentiment analysis.  Predicoin pulls in data from Medium, Twitter, Reddit, Facebook, Youtube, and Telegram and uses data mining and machine learning to analyze news and social media content. 
  • The Thai government is formally stating that it finds that cryptocurrency crime is not common.  Kittipong Kittayark, executive director of the Thailand Institute of Justice (TIJ) spoke at the United Nations Office on Drugs and Crime (UNODC) in Bangkok where he said while Thailand lacks the necessary tools and personnel to combat cryptocurrency crime, he does not see many cases associated with this type of crime. 
  • A Trend Micro report titled “Unseen Threats, Imminent Losses” suggests cryptojacking is up 1,000% in the first 6-months of CY2018. Cryptojacking refers to the unauthorized control of computer resources to mine cryptocurrencies.  According to the report, reported instances of cryptojacking doubled in CY2017. 

*Data in Price Return and Updated Real-Time (with a delay), Source: StockDio

Sources:

https://www.ccn.com/bitpay-enables-merchants-to-receive-bitcoin-cash-bch-settlements/ 
https://cointelegraph.com/news/report-cboe-to-launch-ethereum-futures-trading-later-this-year 
https://www.coindesk.com/apple-orders-coinbase-wallet-to-remove-crypto-collectible/ 
https://www.coindesk.com/8-blockchain-projects-enlist-early-to-test-secret-enigma-contracts/ 
https://www.coindesk.com/messaging-giant-line-is-launching-its-own-cryptocurrency/ 
https://techcrunch.com/2018/08/31/line-link-crypto-token/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29 
https://bitcoinist.com/crypto-congressman-trying-to-turn-taiwan-into-a-technological-powerhouse/ 
https://bitcoinist.com/laneaxis-building-tokenized-driver-social-network-to-galvanize-freight-logistics-industry/ 
https://www.coindesk.com/pwc-creates-digital-skills-program-to-boost-internal-blockchain-expertise/ 
https://www.coindesk.com/rakuten-seeks-to-acquire-bitcoin-exchange-in-2-4-million-deal/ 
https://www.coindesk.com/ripple-scores-small-win-against-investors-claiming-xrp-is-a-security/ 
https://www.coinspeaker.com/2018/08/31/ripple-breathes-some-air-of-relief-against-investors-claims-of-xrp-is-a-security/ 
https://bitcoinist.com/russia-developing-cryptocurrency-tracker/ 
https://bitcoinist.com/bitcoin-cash-will-cost-0-3-of-bitcoin-ripple-to-0-01-by-2023-forecast/ 
https://news.bitcoin.com/meet-the-new-sentiment-analysis-tools-empowering-smarter-trading/ 
https://www.ccn.com/very-few-cases-of-cryptocurrency-crime-in-thailand-watchdog-reveals/ 
https://www.ccn.com/crypto-mining-attacks-up-nearly-1000-in-first-half-of-2018/