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Cryptocurrencies trade in the green as Huobi launches Ripple (XRP) OTC trading services

Mar 06, 2019

 

 
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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$3902.55 0.04% 0.39% 1.5% USD$68,585,002,868 USD$9,085,154,824
Ethereum ETH USD$138.39 0.26% 1.25% 1.36% USD$14,548,280,611 USD$4,580,568,998
Litecoin LTC USD$55.6 0.92% 5.54% 22.27% USD$3,378,322,417 USD$1,970,515,256
EOS EOS USD$3.76 0.24% 0.87% 7.02% USD$3,407,572,573 USD$1,924,602,708
XRP XRP USD$0.32 0.19% 0.69% 1.02% USD$13,143,308,250 USD$750,714,877

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
Litecoin LTC USD$55.6 0.92% 5.54% 22.27% USD$3,378,322,417 USD$1,970,515,256
OmiseGO OMG USD$1.26 0.26% 3.24% -5.01% USD$176,077,827 USD$36,218,734
Ethereum ETH USD$138.39 0.26% 1.25% 1.36% USD$14,548,280,611 USD$4,580,568,998
EOS EOS USD$3.76 0.24% 0.87% 7.02% USD$3,407,572,573 USD$1,924,602,708
XRP XRP USD$0.32 0.19% 0.69% 1.02% USD$13,143,308,250 USD$750,714,877

 

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Crypto Market Recap

  • Cryptocurrencies remained mostly flat in afternoon trading, preserving the market’s mostly positive gains posted in the last 24 hours, as the price of Bitcoin (BTC) is higher by 0.38% to USD$3,902.26. Litecoin (LTC) continues to outperform major cryptocurrencies in today’s trading, rallying 5.51% over the last 24 hours to USD$55.58. Binance Coin (BNB) also posted notable gains today, appreciating 4.01% over the last 24 hours to USD$14.22. IOTA (MIOTA) is the worst performing major coin in trading today, falling 4.05% in the last 24 hours to USD$0.270845.

Crypto Developments in Financial Services

  • Huobi, one of the largest global cryptocurrency exchanges, announced that it added support for Ripple (XRP) trading through its peer-to-peer, over-the-counter (OTC) exchange. According to a press release published on Wednesday, XRP will follow major coins Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Eos (EOS), and Huobi Token (HT) in gaining support on Huobi’s OTC exchange.  
  • German financial institutions Commerzbank and Deutsche Boerse have officially completed a proof-of-concept (PoC) for a legally binding repo transaction based on a blockchain platform, according to a report by Cointelegraph Germany. The repo transaction conducted on the blockchain platform was based on a 10mm euro (USD$11.3mm) bond issued by KfW Bankengruppe.

General Crypto News

  • Civil, a blockchain-based journalism platform, announced its official launch in a blog post published on Medium. The Civil platform will use its native token, CVL Token, to provide financial sustainability and create trust in the journalism industry. Beginning today, March 6th, users will be able to buy a Civil membership and receive voting power on the platform. 100% of proceeds generated through Civil memberships will be reinvested into non-profit organization Civil Foundation to support ethical journalism across the globe.  
  • Marseille Fos Port, the main seaport for trade in France, announced its participation in a blockchain pilot oriented towards increasing the efficiencies in freight logistics. According to a report by local news outlet PortSEurope, French authority the Interministerial Delegation is support the blockchain pilot. Specifically, the blockchain pilot will target boosting efficiencies in data management associated with port logistics.  
  • Enjin, a digital asset tokenization startup, announced that it will unveil a Software Development Kit (SDK) for Unity, a leading game development engine, on March 14th, 2019. According to an official Medium post published on Monday, the SKD will allow developers to create, integrate, and manage the distribution of ERC1155-compliant tokens on the Ethereum blockchain. The SKD will also enable interoperability between tokenized game assets, allowing players to use multiple virtual items across different games.

 

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

Sources:

https://blog.enjincoin.io/announcing-the-enjin-blockchain-sdk-for-unity-coming-to-ethereum-testnet-b939b52b14d9?gi=53922d7c44fa 
https://blog.joincivil.com/civil-means-journalism-3fd7a6be8aee 
https://coin360.io/  
https://coinmarketcap.com/  
https://cointelegraph.com/news/blockchain-based-journalism-platform-civil-launches 
https://cointelegraph.com/news/blockchain-startup-enjin-to-release-dev-kit-for-game-engine-giant-unity 
https://cointelegraph.com/news/cryptocurrency-exchange-huobi-adds-xrp-support-to-its-otc-trading-platform 
https://cointelegraph.com/news/deutsche-boerse-commerzbank-complete-blockchain-poc-for-legally-binding-repo-transaction 
https://cointelegraph.com/news/frances-main-trade-seaport-joins-blockchain-pilot-for-freight-logistics-report 
https://de.cointelegraph.com/news/deutsche-borse-und-commerzbank-testen-blockchain-mit-digitalem-repogeschaft 
https://otc.hbg.com/en-us 
https://www.commerzbank.com/en/hauptnavigation/presse/pressemitteilungen/archiv1/2019/quartal_19_01/presse_archiv_detail_19_01_79306.html 
https://www.portseurope.com/marseille-port-works-on-blockchain-project-for-freight-transport-on-mediterranean-rhone-saone-axis-mers/ 
 

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