General Market
Outlook
The market is now doing more than
just moving sideways. We are again seeing an increase in BTC price as well as Altcoins almost
across the board. This indicates new money entering the market.
Ethereum has moved towards a weekly high and is up almost 7% in the
past 24 hours.
Monaco (MCO) is currently sitting up over
50% for the past 24 hours. This could be due to being listed on
Bithumb today.
Major
Headlines
Amazon Technologies Patents
A Streaming Data Marketplace
In a 27 page description the patent
outlines examples of how the technology could be used for just
about anything already being done on in the internet. It makes
clear references to integrating cryptocurrencies and blockchain
technology:
“As one example implementation,
trade execution numbers from a financial exchange may be generated
throughout the day. These numbers may be meaningful to an
investment bank that made the trades identified by the
numbers.”
“The method may include using
cryptographic tokens, such as a public key/private key pair, to
verify an authenticity of the first or second sources involved in
the combined stream.”
Paypal Policy Updates Are
Cause for Crypto
Effective Date: April 19, 2018
Paypal is taking many away what were major benefits for a
population of users. Sending money between friends across
international boarders, and identity verification standards
received the most drastic changes.
Unverified accounts can now do
nothing but transfer between Paypal balance and a linked bank
account.
International sending now has a
“flat fee of $2.99 or $4.99 per transaction depending on the
recipient’s country.”
Full
explanation from Paypal.
Peer to Peer Bitcoin
Exchange LocalBitcoins Blowing Up
LocalBitcoins is
somewhat like Ebay for Bitcoins. Users post their own exchange rate
and the type of payments they are willing to accept. Users on the
buying end can then select they users they would like to purchase
from depending on those payment types, the exchange rate, or by the
user’s reviews or verification.
Because of the increase in
volume, the website has begun to enforce the
verification process more. In the end, it’s still up to the buy to
make this choice on their own.
Top 5
Gainers
Crypto (CTO) +269.41 % at
$0.077565
Payfair (PFR) +%80.62 at
$0.071715
GPU Coin (GPU) +45.56% at
$0.014051
Animecoin (ANI) +42.75% at
$0.013968
Game.com (GTC) +30.92%
at $0.089005
Top 5
Losers
ATMCoin (XLR) -56.65% at
$3.78
BitSoar (BSR) -48.20% at
$0.001068
High Voltage (HVCO) -27.94% at
$0.960575
Sugar Exchange (SGR) -25.93% at
$0.083202
EZToken (EZT) -24.28% at
$0.358345
New Coins
Listed
Fortuna (FOTA) listed to GDAX
Mirthril (MITH) listed to
HitBTC
Auctus (AUC)
listed to IDEX
SunMoney Token (SMT)
listed to IDEX
Monaco (MCO)
listed to Bithumb
BY: BGN Editorial Staff