Good morning! 

The crypto markets continued their upward momentum with the total crypto market cap further improving to USD 141.5 billion and a surge in 24h trading volume to USD 34 billion range. Furthermore, in the top 100, the advance to decline ratio was robust at 86/14. Ontology that jumped +25.0%, in the last 24h, is the best performer, followed by Ravencoin (+18.5%), and Tezos (+17.7%). Bitcoin, Ether and XRP all were up about a percent each to USD 4,086, USD 141, and USD 0.3183 respectively, at the time of writing.

CoinMarketCap announced the launch of two cryptocurrency indices on Bloomberg Terminal, Nasdaq Global Index Data Service, as well as Thomson Reuters Eikon and Börse Stuttgart while Institutional crypto trading platform Caspian announced that it has integrated its platform with cryptocurrency futures and options trading exchange Deribit. The company claims that the move renders it the first institutional platform to offer both options and futures trading in the crypto asset class. In blockchain application, Cryptocurrency exchange Binance is partnering with real estate auctioneer James Pratt Auctions (JPA) to launch a live property auction using bitcoin and Binance Coin. While this isn’t the first property to be bought with crypto, the move marks the first time a live property auction using BTC and BNB will occur. As JP Morgan changed its stance on the crypto currency from being anti-crypto to launching its own currency, the executives have been defending the move by “There’s a difference between trading a cryptocurrency that’s in the market that’s ubiquitous, versus using the technology to enhance your payment infrastructure.”

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Your Blocksmatter Team

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Crypto-Market News

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Good morning! 

The crypto markets continue to trade in very tight range with the total market cap improving slightly to USD 140.0 billion from USD 139.5 billion, in the last 24h. The 24h trading volume continues to remain robust in a range of USD 31 billion. However, in the top 100, the advance to decline ratio remained weak at 39/61. Huobi Token that surged +16.5% in the last 24h is the best performer, followed by Tezos (+16.1%), and Project Pai (+12.2%). Bitcoin, and XRP are marginally up at USD 4,048, and USD 0.3168 respectively while Ether is slightly down at USD 139 in the last 24h, at the time of writing.

It’s a Big Day for Bitcoin Acceptance. Many critics of Bitcoin often argue that its four occasionally five-figure price point is entirely unjustified based on the lack of BTC use in retail. However, over the years, plenty of companies have attempted to nurture the gradual adoption of cryptocurrency by offering to accept payment for goods and services in different digital assets. Two of the latest names on this ever-growing list are the multi-award-winning Swiss online retailer Digitec Galaxus AG and Phoenix-based electronic components supplier, Avnet. In separate positive developments for crypto, crypto-supportive Silvergate Bank has signed on a slew of new cryptocurrency customers in the fourth quarter on 2018 while Blockchain security firm and wallet service BitGo has announced support for Blockchain Capital’s ERC-20 token. In a legal news from the east, an Israeli court ruled that banks can't enforce a blanket ban against all accounts linked to cryptocurrency. Looking further east, it seems the recent increase in cryptocurrency volumes and solid gains across the board are being buyed by a resurgence of Chinese yuan (CNY) pouring into the cryptocurrency ecosystem.

Have a great day !
Your Blocksmatter Team

24h Top & Worst Performer

Crypto-Market News

Upcoming & Ongoing ICO's