Bitcoin Market FX Rates 27 September 2018
Bitcoin Market Update
Today September 27th, Bitcoin price is sitting at $6,450 representing a gain of 0.04% in the last 24 hours. More than $250 M worth of BTC were exchanged in the BTC/USD market representing a 20% share of the global daily volume. The BTC/JPY pair represents a 12% share.
Ethereum Market Update
Ethereum FX Rates as of today price is contemplating going up or down, with ETH trading at $215.13, which reads that 0.29% loose have been recorded in less than 24 hours. So far, Ethereum market CAP is an average of $140 M worth of Ether exchanged between hands from 24 hours ago. ETH/USD pair which has a 17% market share of the daily trading volume.
North Korea is Allegedly Using Cryptocurrency to Evade U.S. Sanctions
Recently, two Washington-based financial experts said that North Korea is using cryptocurrency to evade U.S. Sanctions. According to Lourdes Miranda, a financial crimes investigator, and Ross Delston, an expert in anti-money laundering, Pyongyang is creating its own cryptocurrency and is likely also using popular cryptocurrencies like bitcoin. The duo stated in a written statement to Asia Times:
“Crypto-currencies have the added advantage to the DPRK of giving them more ways to circumvent US sanctions.”
Subscribe to Blog via Email
Bitmain Files IPO with the Stock Exchange of Hong Kong (SEHK)
Beijing-based Bitmain Technologies has reportedly filed an application to launch its highly-anticipated Initial Public Offering (IPO) on the Stock Exchange of Hong Kong Limited (SEHK).
The Bitmain’s IPO prospectus (released this week) does not specify the number of shares it will offer nor includes a schedule (or timeline) for the public offer.
Ethereum Leaders Reunite at the DAV Foundation to Build the Future of Transportation
Recently, DAV Foundation has recruited several current and former Ethereum Foundation members to its team. The Swiss-based non-profit has announced that current Ethereum Foundation members Dr. Greg Colvin and Nick Johnson have joined as advisors, alongside with former Foundation members Tung Chan and John Frazer to bolster DAV’s development of its global network for autonomous vehicle communication.
Noam Copel, founder and CEO of the DAV Foundation stated:
“The collective talent we have on board here just speaks for itself. But more than that it’s exhilarating to see that these professionals in the Ethereum space share our passion for the future of transportation.”
A Brief Look into Cryptocurrency Exchanges and their Legal Jurisdictions
In this post, we will see that cryptocurrency exchanges choose to register in a variety of legal jurisdictions. They often change location to avoid certain regulatory climates as exemplified by some of the largest exchanges. Nonetheless, exchanges don’t necessarily avoid more comprehensive legislative frameworks put forth to protect consumers and prevent illicit activities. This research finds that in fact, many of the largest exchanges are registered in countries that have more comprehensive frameworks in place rather than those that have none.
Worldwide Introduction of OpenST Mosaic Protocol for Scaling to Billions of Users
Watch the Keynote from the Upbit Developer Conference to hear about the new OpenST Mosaic Protocol for finalizing ten thousand transactions per second on Ethereum.
OpenST Mosaic is a viable on-chain solution for scaling apps on Ethereum to billions of users, without requiring any upgrades to Ethereum as it (proof of) works today. Mosaic will also scale even further with future upgrades to Ethereum as they are released.
OST Founder & CEO Jason Goldberg presents blockchain innovations in the context of the broader digital revolution. OST Chief Blockchain Strategist Ben Bollen delivers a detailed specification of Mosaic meta-blockchains.
Mosaic is a consensus protocol to run meta-blockchains on top of Ethereum. Each meta-blockchain runs in parallel and injects an additional state space into Ethereum. Each meta-blockchain is secured by Ethereum with an open, staked validator set. All transactions on meta-blockchains are asynchronously finalised and committed onto Ethereum. This enables tens thousand+ transactions per second on Ethereum — critical for mainstream adoption.
Mosaic is a companion protocol to the OpenST Protocol introduced 1 year ago.
Education Ecosystem to Airdrop LEDU Promo Token
Education Ecosystem, a decentralized learning ecosystem building the Netflix for professional development has launched a new initiative to promote LEDU coins and the Education Ecosystem project.
LEDU Promo Tokens (Symbol: LEDUP) will be airdropped to all Ethereum wallet addresses. Each address will receive LEDU Promo tokens and recipients are free to share these tokens with their friends to help grow the LEDU community.LEDU Promo Token is simply a promotional token and cannot be exchanged for LEDU coins later. Promo tokens are also free and you should not pay anyone to receive them.
State of the Crypto
Bitcoin is down 0.07% at $6,443.320 with a volume of Ƀ39.9k – $259.4M on the USD pairs.
Ether is down 0.64% against Bitcoin at Ƀ0.03273 per Ether and down 0.65% against the dollar to $210.8 with average volume Ƀ36.7k on the ETH/BTC pair.
Bitcoin Cash is up 17.03% to Ƀ0.08001 with volumes of Ƀ48.8k and up 17.2% against the dollar at $516.48.
Ripple is down 2.52% to Ƀ0.00007924 with volumes of Ƀ32.4k and down 2.37% against the dollar at $0.5111.
Zcash is up 0.93% for the day to Ƀ0.02069 per ZEC and up 1.07% against the dollar to $133.34 with an average volume of Ƀ5.3k for the 24 hour period.
Litecoin is down 0.72% against the dollar for the day at $56.76 and down 0.54% to Ƀ0.008803 on volumes of Ƀ13.3k.
Dash is down 2.06% at Ƀ0.02856 with Ƀ8.4k volume and down 2.54% against the dollar at $183.98.
Iota is down 2.89% to Ƀ0.00008338 on Ƀ917.017 volume.
Ether Classic is down 4.08% to Ƀ0.00167 with volumes of Ƀ10.4k and down 1.73% against the dollar at $10.79.
Monero is up 0.13% against the dollar at $113.37 and up 0.29% against Bitcoin at Ƀ0.01759 on volumes of Ƀ2.0k.
Neo is down 1.02% for the day to Ƀ0.002728 per NEO and down 0.11% against the dollar to $17.63 with an average volume of Ƀ6.0k for the 24 hour period.
Waves is up 5.35% to Ƀ0.0003507 on Ƀ1.8k volume.
Stratis is down 3.08% to Ƀ0.0002359 on Ƀ277.699 volume.
Cardano is down 1.3% to Ƀ0.00001212 on Ƀ2.0k volume.
NEM is down 1.18% to Ƀ0.00001425 on Ƀ475.491 volume.
EOS is up 0.55% to Ƀ0.0008346 on Ƀ18.4k volume.
Tron is down 0.93% to Ƀ0.00000321 on Ƀ5.1k volume.
Stellar is down 0.91% to Ƀ0.00003813 on Ƀ5.0k volume.