General Market Outlook
10 Mai 2018 - 10:59AM
ADVFN Crypto NewsWire
General Market
Outlook
The market is definitely not bouncing back, but it continues to
move sideways, while some major coins do make strong surges.
Zilliqa (
ZIL) is up almost 20% in the past 24
hours, and WaltonChain (
WTC) is up
almost 10% in the past 24 hours. The big two: Bitcoin is
essentially sideways right around $9,300 and Ethereum is doing just
about the same - up 2% in the last 24 hours at $750. Developments
continue to prove strong interest from institutional investors, but
the government regulations will the ultimate factor to when that
influx of investment can happen.
Major
Headlines
Vitalik Buterin Makes Another Big Donation
The 23 year old behind Ethereum
continues to push boundaries in tech and in philanthropy. His most
recent donation totals $2.4 million worth of ETH toward age-related
illnesses. The
SNES Research
Foundation focuses on all illnesses that come with age
like heart disease, Alzheimer’s disease, and cancer. Although the
2.4 mil is probably a drop in the bucket compared to what the
research will cost long term, Vitalk is trying to set a precedent
for the blockchain/cryptocurrency space, his heart is in it to help
the world. He has previously made a
donation to
Machine Intelligence Research Institute and another
donation to help
suffering refugees.
Goldman and Intercontinental Exchange Bring Bitcoin to Wall
Street
The parent company of the New York
Stock Exchange is ironing out the details for a virtual exchange
that will allow investors to legally exchange Bitcoins. Interest
continues to grow among institutional investors, forcing these
companies to make radical changes to integrate the virtual currency
spectrum. It was only a couple weeks ago that the CEO of
Nasdaq said the exchange would consider cryptocurrencies if
laws were accommodating. Bitcoin futures have been traded on
American exchanges since January of this year, but nothing using
direct ownership of the coins. The system will be a kind of “swap”
contract, not a direct sale of USD for BTC. Of course, this is only
if all goes well with SEC regulation.
Oracle Releases Blockchain Templates
Oracle is taking another stab at
launching Blockchain as a service software to help businesses
easily create blockchain applications. Taking the next step to
blockchain services, decentralized applications and integrating all
the data that will make the tech useful for things like real
estate, supply chain management, tokenization and writing smart
contracts to replace the complex business systems that are already
in place is massive. Companies like Oracle, Microsoft, IBM and
Amazon Web Services are all trying to help make this jump possible,
and if all the hype holds true for possible benefits, there work
won’t be nearly enough.
Top 5 Gainers
Blitzcash (
BLITZ)
+123.88% at $0.464314
PeepCoin (
PCN) +90.55% at $0.000185
Aditus (
ADI) +85.39% at $0.036391
Primecoin (
XPM) +44.40%
at $3.26
Pundi X (
NPXS) +42.12% at $0.007303
Top 5 Losers
Arbitracoin (
ATC) -29.82%
at $0.051824
Aphelion (
TICK) -26.39% at $0.488514
Super Bitcoin (
SBTC) -24.31% at $20.56
Fargocoin (
FRGC)
-19.39% at $6.80
VeriME (
VME) -18.27% at $0.70574
New Coins Listed
TenX (
PAY) listed to Airswap
Oxycoin (
OXY) listed to Cryptopia
Ethereum (COIN:ETHGBP)
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