General Market
Outlook
The market took another hit,
dropping back down to previous lows for the most part. Most coins
in the top 100 are down, but RChain (RHOC) is one standout of the
group up over 8% in the past 24 hours. Bitcoin is right around
$5,900 for about -3% change and Ethereum is right at $415 for 5%
change in the past 24 hours. Market cap for the overall
cryptocurrency market dropped again, losing around $10 billion doin
to $235 billion total. Trading volume is rising.
Major
Headlines
FBI tracking 130
crypto-related cases
There are 130 on going cases
related to cryptocurrency within the FBI, but this is just a small
sliver of their activity. The remarks were made at a
crypto-conference focused on market structure called “Crypto
Evolved,” hosted at the New York Athletic Club on Wednesday.
The argument against cryptocurrency is often that it can be used to
facilitate illegal transactions, but so can cash. Last year
a global study found that
just 10% of drug purchases are made using “non-traditional
methods.” And beyond drug sales, the FBI’s cases involve ransomware
attacks, and hopefully higher on the priority list - human
trafficking and kidnapping.
Amber Baldet and
Coinbase
Coinbase has added Amber Baldet to
their advisory board. She was a member of Forbes “40 under 40,” CoinDesk’s Most Influential list, and most
notably lead the Quorum project for JPMorgan.
However, she began consulting for JP Morgan way back in 2009 and
took a permanent position with the bank in 2011. She does not have
a computer science background, but taught herself to code. After
being introduced to Bitcoin, she dove in head first to expanding
the possibilities of the technology. She left JPMorgan to found her
own company, Clovyr, a startup to accelerate decentralized
application development.
Alibaba Creates Blockchain
Payment Patent
"A System and Method That Adjusts
Account Balance on a Blockchain" – was filed with the China State
Intellectual Property Office in January, but was not made public
until this week. The purpose is to optimize adjusting account
balances over a blockchain.The system could be used to facilitate
cross-border transactions that specifically involve a third-party
payment vendor. In the patent, third-party payment services and
their banking partners in different regions will all function as
nodes to form the blockchain. Each node will maintain a ledger of
user balances, reflecting accounts in third-party payment vendors'
mobile wallets. Ultimately, this brings the same benefits as
traditional cryptocurrencies of eliminating the need for an
intermediary and avoiding the resultant delays in transaction
time.
Top 5
Gainers
Sharpe Platform Token (SHP) +37.27%
at $0.154848
Selfkey (KEY) +24.65% at
$0.014055
SalPay (SAL) +22.52% at
$0.062029
WINCOIN (WC) +15.28% at
$0.444094
Pura (PURA) +13.89% at
$0.086926
Top 5
Losers
BigONE Token (BIG) -52.79% at
$1.24
PeepCoin (PCN) -43.31% at
$0.000053
BioCoin (BIO) -28.18% at
$0.004748
1World (1WO) -27.28% at
$0.100809
Zippie (ZIPT) -27.28% at
$0.022115
New Coins
Listed
PAI (PAI) listed to Huboi
Pro
Zinc (ZINC) listed to
KuCoin
By: BGN Editorial Staff
News:
Bitcoin
(BTC)
Ethereum
(ETH)
RChain
(RHOC)
Cryptocurrencies
Blockchain
Alibaba
Sharpe Platform Token
(SHP)
Selfkey
(KEY)
SalPay
(SAL)
WINCOIN
(WC)
Pura (PURA)
BigONE Token
(BIG)
PeepCoin
(PCN)
BioCoin
(BIO)
1World
(1WO)
Zippie
(ZIPT)