General Market
Outlook
There is more green in the top 100
coins today than yesterday, including some really big gains on some
coins, however most major coins are consolidating around the same
trading range as yesterday. Mithril (MITH) is the major stand out -
up over +34% in the past 24 hours and Ethos (ETHOS) is up over 2%
in the past 24 hours. Bitcoin is right around $6,200 for roughly no
change and Ethereum is right at $440 for +1% change in the past 24
hours. Market cap for the overall cryptocurrency market lost $10
billion, coming down to $247 billion total.
Major
Headlines
Coinbase Launches Charity
Platform
“GiveCrypto” will hold and
distribute cryptocurrencies to people in need, according to a
Medium post, published June 27. CEO Brian Armstrong is looking to
change the image cryptocurrencies have for lavish living. This is
inevitable for those who invested early in the space, amassing huge
quantities of coins at fractions of the cost of their current
prices. “The goals behind GiveCrypto.org are to: 1. Help people in
need by sending money to them directly. 2. Advance real-world usage
and benefits of cryptocurrency. 3. Provide universal access to an
open financial system.” The fund plans to raise $10 million for the
first phase. It has secured $3.5 million so far, which began with a
$1 million donation from Armstrong himself. The long-term goal is
$1 billion in the next two years.
Zcash Successfully
Hardforks
The new fork “Overwinter”
introduces several performance enhancements to the Zcash protocol.
“Transaction expiry” allows the network to automatically cancel ZEC
transactions that have not been added to a block within a
predetermined period of 20 blocks (~50 minutes). Another feature is
simply preparing the network to adapt to future hardforks with
inevitable improvements. The main is already planned, called
Sapling. It is scheduled to go live in October. Developers say that
this fork will increase transaction efficiency and scalability,
particularly for transactions made from privacy-enhancing “shielded
addresses.” Zcash released a two-year roadmapon their blog about
all upcoming upgrades. Zcash will eventually become
“privacy-by-default” instead of allowing users to choose anonymous
vs. standard transactions with ZEC. The original fork is still
operating currently, users are free to decline to
upgrade.
Exchanges Bit-Z and
Coinbene Are Drawing New User
The two exchanges have begun using
a “trans-fee mining" revenue model. This resulted in huge increases
for their their 24-hour trading volume. Singapore-based CoinBene
rose to almost $2 billion, and Hong Kong's Bit-Z neared $1.5
billion. The most active exchange is generally recognized as
Binance, where 24 hour trading volume has been around $1 billion
recently. For every transaction fee a user pays to the exchange in
the form of either BTC or ETH, the platform will reimburses 100% of
the value in its own token.
Top 5
Gainers
WhaleCoin (WHL) +66.04% at
$0.051832
StarCoin (KST) +65.79% at
$0.012486
FuturXe (FXE) +57.89% at
$0.000122
Selfkey (KEY) +49.19% at
$0.011423
Mark.Space (MRK) +44.12% at
$0.039493
Top 5
Losers
Sense (SENSE) -63.58% at
$0.014231
PeepCoin (PCN) -44.08% at
$0.000076
XYO Network (XYO) -32.50% at
$0.001975
Linker Coin (LNC) -27.76% at
$0.041563
Experience Points (XP) -22.70% at
$0.000062
New Coins
Listed
Distributed Credit Chain (DCC)
listed to KuCoin
Nebulas (NAS) listed to
Binance
Pundi X (NPXS) listed to
Bit-Z
By: BGN Editorial Staff
News:
Cryptocurrencies
Bitcoin
(BTC)
Mirthril
(MITH)
Ethos
(ETHOS)
Ethereum
(ETH)
Coinbase
ZCASH (ZEC)
Bit-Z
Exchange
Coinbene
Exchange
WhaleCoin
(WHL)
StarCoin
(KST)
FutureXe
(FXE)
Selfkey
(KEY)
Mark.Space
(MRK)
Sense
(SENSE)
PeepCoin
(PCN)
XYO Network
(XYO)
Linker Coin
(LNC)
Experience Points
(XP)
