blog

Latest from the Quantamize Blog

DX Exchange and Nasdaq partner to offer tokenized stocks as cryptos are mixed

Jan 03, 2019

 

 
High Machine Learning Accuracy Rates for CryptocurrenciesHigh Machine Learning Accuracy Rates for Cryptocurrencies

Top 5 Cryptocurrencies sorted by 24 hour Volume

On Mobile/Tablet scroll to the right

Name Ticker Price 1H %Chg 24H %Chg 7D %Chg Market Cap Volume
Bitcoin BTC USD$3895.47 -0.02% 0.65% 2.8% USD$68,016,793,771 USD$4,910,993,512
Ethereum ETH USD$151.05 -0.03% -0.34% 20.81% USD$15,735,099,970 USD$3,024,560,946
EOS EOS USD$2.76 -0.11% 1.19% 10.12% USD$2,504,919,635 USD$725,633,870
XRP XRP USD$0.37 -0.04% -0.42% 0.23% USD$14,922,066,304 USD$508,436,957
Litecoin LTC USD$32.42 0.2% -0.67% 8.42% USD$1,940,755,175 USD$375,511,692

Top 5 Cryptocurrencies sorted by 24 hour Price Percent Change

On Mobile/Tablet scroll to the right

Name Ticker Price 1H %Chg 24H %Chg 7D %Chg Market Cap Volume
TRON TRX USD$0.02 0.23% 1.46% 1.32% USD$1,344,979,373 USD$83,911,245
EOS EOS USD$2.76 -0.11% 1.19% 10.12% USD$2,504,919,635 USD$725,633,870
Monero XMR USD$50.51 -0.02% 1.0% 7.13% USD$843,158,502 USD$20,315,451
Cardano ADA USD$0.04 -0.25% 0.96% 10.87% USD$1,137,139,835 USD$25,592,114
IOTA MIOTA USD$0.38 0.65% 0.92% 16.18% USD$1,067,516,499 USD$14,142,398

 

AI-Powered Signals for Crypto TradingAI-Powered Signals for Crypto Trading

Crypto Market Recap

  • Cryptocurrencies are mixed across the board with the price of Bitcoin (BTC) up 0.57% in the last 24 hours to USD$3,875.27. Ethereum (ETH) and Ripple (XRP) are both trading lower, meanwhile, down 0.06% and 0.53% in the last 24 hours to USD$149.96 and USD$0.36448, respectively. Among major cryptocurrencies, Monero is posting the largest gains, up 2.37% in the last 24 hours to USD$50.48. Ethereum Classic (ETC) and Bitcoin SV (BSV) lag major coins, down 2.37% and 2.01% in the last 24 hours to USD$5.20 and USD$90.33, respectively. 

Crypto Developments in Financial Services

  • DX Exchange, an Estonian-based digital trading platform, confirmed that it will begin to offer tokenized stocks on the Ethereum (ETH) blockchain using Nasdaq’s Financial Information exchange (FIX) protocol in a press release Thursday morning. Additionally, DX Exchange is partnering with MPS MarketPlace Securities Ltd. to purchase shares on behalf of users. “Digital stocks combine the best of both worlds: blockchain technology and traditional stock investments,” the company said in its press release, adding that, “Digital stocks are backed 1:1 by real-world stocks traded on conventional stock exchanges.” 
  • Lenders in the cryptocurrency industry are among the few to weather the recent crypto bear mark, as per a Bloomberg report. The Bloomberg report highlights that crypto industry lenders are, “finding strong demand from borrowers who don’t want to sell their virtual coins at depressed prices, as well as from big investors eager to borrow coins for short selling.” The report goes on to highlights BlockFi, a crypto industry lender who, since receiving a USD$52mm investment from Mike Novogratz’s Galaxy Digital in June, has grown tenfold.

Crypto Regulatory Environment

  • New York State Assemblyman and Chair of the state’s Subcommittee on Internet and New Technologies, Clyde Vanel, announced the formation of the country’s, “first,” cryptocurrency task force. In a Facebook post on Thursday morning, Vanel detailed that the crypto task force will study the regulation, use, and definition of digital currency. Last month on December 21st, 2018, New York Governor Andrew Cuomo signed the bill, “The Digital Currency Study Bill,”, resulting in the creation of the crypto task force.

General Crypto News

  • Thailand’s National Electronics and Computer Technology Center (NECTEC) has developed blockchain technology to be implemented in e-voting, according to a report by the Bangkok Post. Head of the Cybersecurity Laboratory at NECTEC, Chalee Vorakulipat, said on the blockchain technology, “Nectec developed blockchain technology for e-voting that can be applied to national, provincial, or community elections, as well as business votes such as the board of directors. The goal is to reduce fraud and maintain data integrity.”
  • Cryptocurrency exchange HitBTC is dismissing allegations that the exchange deliberately froze users’ accounts prior to Tracer Mayer’s Proof of Keys event, according to an email sent by the company to Cointelegraph. In responding to a request for comment, Peter Swen, a representative from the HitBTC’s marketing team, denied any alleged link between the account freezes and the Proof of Keys event. On Wednesday, Proof of Keys organizer Trace Mayer and crypto industry proponent John McAfee publicly alleged a link between HitBTC’s account freezes and the Proof of Keys event.

 

We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.

 

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

Sources:

https://coinmarketcap.com/ 
https://coin360.com/ 
https://cointelegraph.com/news/new-york-assemblyman-announces-creation-of-first-us-cryptocurrency-task-force 
https://www.nysenate.gov/legislation/bills/2017/a8783 
https://cointelegraph.com/news/new-york-state-legislature-proposes-creation-of-cryptocurrency-task-force 
https://www.coindesk.com/new-york-forms-blockchain-study-task-force-hints-at-bitlicense-update 
https://cointelegraph.com/news/crypto-lenders-are-cashing-in-on-the-crypto-bear-market 
https://www.bloomberg.com/news/articles/2019-01-02/thriving-on-bitcoin-s-bust-lenders-aid-both-fanatics-and-shorts 
https://cointelegraph.com/news/novogratz-s-galaxy-digital-leads-52-5-mln-fundraising-round-for-crypto-lending-firm 
https://cointelegraph.com/news/cryptocurrency-loans-company-genesis-processes-550-million-in-first-six-months 
https://cointelegraph.com/news/nasdaq-powered-exchange-to-launch-eu-regulated-tokenized-stock-trading 
https://cointelegraph.com/news/first-crypto-exchange-using-nasdaqs-tech-announces-launch-excluding-us-customers 
https://www.coindesk.com/nasdaq-powered-security-token-exchange-will-launch-next-week 
https://cointelegraph.com/news/thai-national-tech-development-center-to-introduce-blockchain-in-voting 
https://www.bangkokpost.com/business/news/1604574/ 
https://www.coindesk.com/thai-government-agency-develops-blockchain-tech-for-elections-voting 
https://cointelegraph.com/news/hitbtc-dismisses-allegations-it-froze-accounts-in-response-to-proof-of-keys-event

Crypto Trading Signals
Break through the crypto babble with AI MACHINE LEARNING Cryptocurrency Buy Signals